Member Info for haggismchaggis1

So, who is buying in £1,000 chunks, multiple 2,168 shares trades going through?

Also a nice little 100,000 shares buy just gone through.

TBB

"Why would afc hold anything back for cop26? Genuine question"

It's more about why clients would hold it back, not AFC. The only things AFC would be holding back are new product releases. As for clients.....

Because they want to get the best publicity they can when they sign the deal. The COP26 will get massive global press coverage, and the press will be on the lookout for any news that they can cover in relation to it. As an example, MACE want AFC FC systems so they can get rid of Diesel Gensets and cut CO2 and other emissions. Announcing a multiple order of AFC FC systems during COP26 would get them way more publicity than to announce that at any other time. Same scenario probably applies to multiple AFC clients.

Altaquaa could easily have signed their deal at any time, but they chose to sign it during the Extreme E event. This is a perfect example of a company holding back it's announcement to get maximum publicity during a major event.

Aim,

You might be really good at your job, but you're definitely no good at all at PR and Marketing.....

I'm also thinking that this Army potential would lead to big sales of the S Series once it is a commercial product, as the Army can use these for powering mobile equipment.

Part of the news below is that the Army are going to switch to Electric Vehicles. This opens up a lot of potential for AFC to sell EV Chargers. The Army will soon see a working FC EV Charger first hand on their own tank training ground. I'm sure they will instantly see a lot of scope for containerised Solar or Ammonia powered FC systems, for remote power and for charging their new electric vehicles.

"Extreme E season finale to take place in Dorset"

“The world needs to move forward when it comes to the combustion engine and many other practices, and what better way to symbolise that than with a Jurassic themed X-Prix? Unless we push forward with climate and sustainability action, we risk becoming extinct, and that is something we simply can't ignore any longer.”

The new event has been organised in co-ordination with the Ministry of Defence, the British Army and Motorsport UK. The event goes hand-in-hand with the Army’s recently revealed climate change and sustainability strategy, part of which will have it switch to electric vehicles.

Major general Simon Hutchings said: “The opportunity to work alongside Extreme E, who are world leaders in electrification of vehicles and sustainable energy production, is very exciting. It will enable us to share innovative ideas which will allow the Army to continue to gain technology advantage globally whilst also contributing to our climate and sustainability targets.”

https://www.autocar.co.uk/car-news/motorsport-news-extreme-e/extreme-e-season-finale-take-place-dorset

Army announces battlefield vehicle electrification plans (no, it's not just cars!)
https://www.army.mod.uk/news-and-events/news/2021/09/army-announces-battlefield-vehicle-electrification-plans/

Army bases "The 145 base sites include 60 which the UK operates itself, as well as a further 85 run by British allies"
https://en.wikipedia.org/wiki/Overseas_military_bases_of_the_United_Kingdom

FCI,

I think AFC will, very soon be higher than it's 3 month high, which is only 62p. If we get the news flow (sales, new products, updates on projects, etc) I'm expecting around the time of COP26 (only 13 trading days away!!) then we could be well above that.

iwto,

"why on earth does anyone think private companies will be holding back announcements to tie in with COP26"

Because they want to get the best publicity they can when they sign the deal. The COP26 will get massive global press coverage, and the press will be on the lookout for any news that they can cover in relation to it. As an example, MACE want AFC FC systems so they can get rid of Diesel Gensets and cut CO2 and other emissions. Announcing a multiple order of AFC FC systems during COP26 would get them way more publicity than to announce that at any other time. Same scenario probably applies to multiple AFC clients.

Altaquaa could easily have signed their deal at any time, but they chose to sign it during the Extreme E event. This is a perfect example of a company holding back it's announcement to get maximum publicity during a major event.

Another con man trader trying to create negative spin. And a really dense one too! Disingenuous is a compliment to him LOL!!

AFC are expecting LOADS of news in Q4 2021 including multiple sales of systems and several new product releases, they told us so in RNS.
ITM's expected news flow is nothing like this, barely a fraction of it.

AFC MCap £338m
ITM MCap £2,348m

AFC 46p AFC Year High 94.4p
ITM 426p ITM Year High 724p

For AFC to return to it's high, it would need to add £355.6m in value to the stock
For ITM to return to it's high, it would need to add £1,642.5m in value to the stock
With AFC getting all the important news flow crammed into Q4 2021, it's far more likely that AFC will as a minimum go back to it's high that for ITM to do that.

AFC MCap is held back from that of ITM (and CWR, PLUG, FCEL, BE and BLDP) because it has not yet registered multiple commercial sales. When AFC does this in Q4 2021, it will get a quick and significant rerating.

To reach the MCap of ITM, AFC would need to increase by 594%. If ITM rose by that much it would be valued at £16,295m.

Anyone with more than two brain cells to rub together can see that AFC has massive near term potential to rise to the MCap of ITM, but ITM does not have any chance of rising by the same percentage, because a MCap of over £16Bn for ITM is cloud cuckoo land.

Glad people are wise to another of the resident con men traders. Maybe he wasn't years ago, nobody really knows if it was all a façade back then, or if he only went to the dark side recently, but dark side is where he is now for sure, on the other side …. of the filter.

Yeah, we will need it for the L systems even if we create a Direct Ammonia S Fuel Cell using Alkamem.

Plus there will be big demand for Ammonia Crackers, as the World moves to shipping huge amounts of Ammonia for power use, so it will open up other non-FC markets to AFC.

On this part "Our estimates of the potential gross profit pools from these activities are currently far higher than the current market capitalisations of most players in the space." he's not talking about AFC on it's £335m MCap, he's talking about multi-billion pound companies, so the disparity is even greater for AFC.

A very interesting article on City AM, written by Alexander Monk, Global Renewables Analyst at Schroders.

The following section bodes well for AFC. ABB also get a mention further down the page. Some people write off the AFC EV charger potential, but it can't get any clearer than this, it is a massive opportunity for AFC, for a long period of time.

"Based on the consensus view of how charging infrastructure will be rolled out, current hardware and installation costs, and an assumption that the vehicle to charging point ratio increases slowly over time, we project that investment in charging points will require an annual run-rate of $80 billion for the next 20 years."

"This substantial pool of potential investment will create significant new earnings opportunities for companies across the EV charging landscape, from companies providing the charging points, to those operating them and selling power to consumers. Our estimates of the potential gross profit pools from these activities are currently far higher than the current market capitalisations of most players in the space. The opportunity for value creation is clear."

https://www.cityam.com/on-a-charge-or-out-of-juice-can-ev-charging-infrastructure-keep-up-with-demand/

Forget 'range anxiety', suck up some 'fuel anxiety' LOL!!

"The recent panic buying of petrol and diesel from forecourts across the UK has led to a surge in consumer engagement for electric cars on Auto Trader."

New EV's viewed, Year-on-Year +324%

1 in 4 new cars viewed is electric

1 lead every 2 minutes on electric vehicles

"Consumers looked at fewer new petrol and petrol hybrid cars in response to the fuel crisis. There was also little change in engagement with petrol plug-in hybrids."

"There were winners to emerge from fuel anxiety. IONIQ 5 was the most viewed new EV model on Auto Trade by a wide margin, but MG5 generated more leads - partly due to better stock availability"

https://trade.autotrader.co.uk/industry-latest/

Another link to COP26

https://www.sportindustry.biz/news/extreme-e-and-cop-26-give-prince-william-electric-racing-test-drive

I'm not sure how AFC are going to go about it, but I do see a ramp up in AFC's Climate PR. Have a look at these, this is what I'm expecting more of during COP26, potentially as part of other news such as orders, new products, product updates, but also could be done as standalone PR.

https://www.businessgreen.com/opinion/4035388/hydrogen-strategy-government-signal-shift-fuel-cells-diesel-generators

https://www.afcenergy.com/a-summer-update/

Qd22,

I doubt AFC has many clients waiting for the S Serie, and those would not be in AFC's list of 50 because AFC would have put anyone wanting the S Series on the shelf until the S Series is ready next year.

The "development book of more than 50 discrete, qualified deployment enquiries, many with multi-system order potential" would be clients that have clearly stated they want an L Series. They will have plenty of room for an L Series (AFC would have checked this before putting them on the list as 'qualified enquiries'), so there is no point in them waiting for an S Series which has not even got a prototype available for testing yet, and won't be into commercial production until later next year, after the prototypes have been tested for at least 6 months. AFC would not consider anyone wanting an S Series as a qualified enquiry now, let alone back in April when the RNS was issued.

BB2,

Not sure how you get that from what I posted?

He can't promise things that have unknowns, no matter how small those unknowns are, all he can do is purvey his expectations based on the information to hand at the time.

All I get from what I've posted is that AB has the absolute best information to go on, how good his forecasting is, remains to be seen.

My opinion is that if he has the confidence to publish his expectation in a corporate update RNS, then he must have very high confidence in his forecast, and everyone at AFC will be doing everything possible do to get those sales logged within his timeline, so that he does not fail in his forecast.

You really have to look deeper than the dictionary definition.

What does AB KNOW?
1) That AFC have "a development book of more than 50 discrete, qualified deployment enquiries, many with multi-system order potential"
2) How far each of these have progressed towards sales
3) Which clients have been given final quotations and are awaiting signing of agreements
4) The timescales given to AFC by some of the clients (for example "we would like to have the system order in place by year end, for delivery in H1 2022" or "we would like to sign the agreement during COP26 for maximum publicity on our CO2 reduction plans")
5) Which clients are under huge pressure to reduce CO2 emissions
6) Which clients have been the most positive and proactive about buying AFC systems
7) Which clients have been quoted multi-millions and long timelines for grid upgrades

What does AB THINK?
1) Roughly when each client should be in a position to sign agreements
2) The product, pricing and TCO are very attractive to clients

So his 'expect' is based on loads of inside information, plus some level of forecasting based on the information.

I gave Fortescue the heads up on AFC Fuel Cells at the weekend based on the first news item below. I got an e-mail back first thing this morning thanking me and saying they had passed the information (with link to AFC Website) to their Hydrogen department. The second news item appeared today. My thoughts are that as they will have their own bulk Green Ammonia available, they could go off the dirty Aussie grid and onto Green Ammonia power, AFC Fuel Cells could also offer opportunities on their vessels.

"Australian iron ore company Fortescue Metals Group has revealed plans to convert its existing fleet to run on green ammonia and adopt it in new vessel construction to push up the company’s decarbonisation efforts."

https://www.offshore-energy.biz/fortescue-chooses-green-ammonia-to-decarbonize-its-fleet/

"Fortescue Future Industries (FFI), the green energy arm of Australia's third-largest iron ore producer Fortescue Metals, plans to build a hydrogen electrolyser production plant at Gladstone in Queensland and convert an ammonia production facility near Brisbane to green hydrogen."

https://www.argusmedia.com/en/news/2262215-fortescue-invests-in-australian-green-hydrogen-ammonia

Aim,

It's from the Half Year Results RNS.

"AFC Energy expects to announce multiple new system orders in the second half of this calendar year."

From the same RNS:

"Current book of over 50 qualified fuel cell deployment enquiries - the majority of which represent multiple order potential."

"The Directors are working with advisors and partners to establish the best means by which the Company will be able to disclose details of its order book and its commercial pipeline in order to provide confidence to the market of the Company's prospects. Working through distribution partners requires us to be in full alignment with the deployment potential across each distribution channel and whilst many of these discussions remain confidential, we can confirm that at this time, we have a development book of more than 50 discrete, qualified deployment enquiries, many with multi-system order potential. The value of this book could be significant pending the quantum of final system orders; however, providing a value against this opportunity runs the risk of materially underestimating, or overestimating, the actual size of our pipeline. We believe however that the number of live opportunities currently under development objectively demonstrates the scale of opportunity which AFC Energy is presently generating through its distribution partners."

"From this book, we expect to announce further system deployments in the second half of this calendar year."