Member Info for haggismchaggis1

Great news for AFC and ABB!

ABB can pile into this market with AFC FC based systems well before the infrastructure can be upgraded. This is exactly what Road Chef and Welcome Break will have been demanding for well over a year.

"The Government plans to end Ecotricity’s monopoly on electric car charging at motorway service stations and force companies to ensure the infrastructure is reliable."

"Ecotricity currently has exclusive agreements with motorway service station operators to install and operate electric vehicle charging stations. However, its monopoly has been criticised by EV owners and its hardware branded “outdated and unreliable”."

"Speaking to EV consumer website Electrifying.com, Transport Minister Rachael Maclean said that as part of its £1 billion investment in charging infrastructure, the Government would open up motorway provision to other charger companies and put legislation in place to ensure the chargers were reliable."

https://www.bognor.co.uk/lifestyle/cars/government-to-end-ecotricity-stranglehold-on-motorway-charging-points-3160362

"Britain’s electricity network is “not fit for purpose” and is stifling the rollout of electric vehicle chargers along key trunk roads in the UK, say motorway services operators."

"Simon Turl, chairman of operator RoadChef, said his company’s attempts to add charging services have been held up by distribution network operators (DNOs), which own local electricity grids and demand millions of pounds and waits of up to three years, to install new power lines."

"Welcome Break, a large motorway service operator, was quoted tens of millions of pounds for establishing a high-speed connection to one of its sites. “This is a nettle that needs to be grasped,” said John Diviney, chief executive."

https://www.ft.com/content/594345dc-20d0-11ea-b8a1-584213ee7b2b

One for all the selfish thicko's that still haven't gone electric.

"The Dirty Truth about Combustion Engine Vehicles | An 'Open Source' Animation"

Fully Charged Show

https://www.youtube.com/watch?v=mk-LnUYEXuM

Readout of the White House’s Meeting with Electric Vehicle Charging Infrastructure Leaders

https://www.whitehouse.gov/briefing-room/statements-releases/2021/03/02/readout-of-the-white-houses-meeting-with-electric-vehicle-charging-infrastructure-leaders/

"The British motor Show announces The Alternative Drive expErience, with AFC Energy as official EV charging partner"

https://thebritishmotorshow.live/2019/12/11/the-british-motor-show-announces-the-alternative-drive-experience-with-afc-energy-as-official-ev-charging-partner/

He's talking AFC here, AFC is in the one percent for sure!

The writer is an investment manager at Baillie Gifford

Why it is usually a mistake for investors to take profits

A tiny number of superstar companies account for returns from equity markets

But the reason equity investing as a whole is thankfully still worthwhile is due to a small number of superstar companies. Bessembinder calculates that about 1 per cent of companies accounted for all of the global net wealth creation. The other 99 per cent of companies were a distraction to the task of making money.

Let’s take a practical example. In 1999, Goldman Sachs invested in Chinese ecommerce company Alibaba. Shirley Lin, who worked for its private equity fund, has said she was offered the chance to invest $5m for a 50 per cent stake. Unfortunately, she said her colleagues deemed $5m too risky and so they opted for investing a “safer” $3m.

Five years later their stake was worth $22m, a seven-fold return. At this point, the decision was taken to sell. In many ways this was a remarkably successful investment until, that is, you realise that today those shares would be notionally worth more than $200bn before dilutions are taken into account. That investment alone, if held, would have been worth nearly double the value of the whole of Goldman Sachs today.

When asked why Goldman Sachs sold, Lin gave a predictable answer: “they wanted quicker results”. Though this example is extreme, the point is clear: in investing, it is often not only wrong to bank profits, it can be the worst mistake you make.

Despite this, in almost every client meeting I am asked about our sell-discipline. No one has ever asked me about our hold-discipline. That is a great shame, as the larger cost to clients’ returns comes from the inability to hold on to superstar companies when their returns are ticking upwards.

https://www.ft.com/content/f8f8b067-e663-4afe-90dd-6a243929af86

When the sales kick of, they really are going to kick off big time. Just look at all these mentions from the results RNS today, how many times to they have to tell the market before it gets through the thick skulls????

Achieved first commercial orders
Confirmed initial order book of £1.1m at year end

Today, AFC Energy is engaging with several of the world's leading constructors, diesel generator distributors and global electrification providers in showcasing the strong environmental credentials our fuel cell technology can play in aiding the world's search for Net Zero.

Strong pipeline of commercial orders across prospective partners and distributors currently under development.

Strong pipeline growth across all target markets post year-end with potential for commensurate revenue.

Our pipeline of project opportunities has, in response to these environmental circumstances, continued to grow during the course of the 2020 and 2021 lockdowns and we are excited to start converting these opportunities into long term annuity revenue streams.

Our revenue pipeline and partnerships however continue to strengthen alongside the commitment of constructors, power generators and Governments to pursue zero carbon commitments.

we are already in discussions with several of ABB's customers who have expressed interest in the system in locations where large power demand exists, such as high-volume logistics hubs, but where adequate grid connectivity does not.

Partnerships such as that announced with Acciona are being developed across several constructors and diesel genset distributors and create large opportunities for early deployment of H-Power systems

the strength of our potential order pipeline placed a spotlight on our dependence upon the small workforce we have at Dunsfold.

we have also begun to put in place the required distribution channels, manufacturing and staffing to turn these opportunities into significant revenue

New images of the St Helena, and it looks like the AFC Fuel Cell might be visible on there.

https://i.ibb.co/w0b9qDN/AFC-EE-3.jpg

https://i.ibb.co/YNc6Vqs/AFC-EE-2.jpg

https://i.ibb.co/whShZZt/AFC-EE-1.jpg

http://shorturl.at/bwzRX

https://www.afcenergy.com/tech-insights-how-does-extreme-es-hydrogen-fuel-cell-charging-system-work/

Ex E coverage still growing!!

Extreme E broadcast partnership with Sky Deutschland
February 24, 2021

Extreme E, the all-electric off-road racing series, has confirmed Sky Deutschland will broadcast the championship’s X Prixs, highlights and magazine shows in Germany, Austria and Switzerland in both German and English.

Ali Russell, Chief Marketing Officer at Extreme E, said: “Germany is a key market for us and I’m delighted Sky Germany has joined our 40-strong list of broadcasters. Not only is Sky Germany home to top quality sports, just like Extreme E, it has a strong environmental focus with Sky’s international sustainability programmes Sky Zero and Sky Ocean Rescue highlighting its carbon neutral and plastic reduction ambitions. We are delighted the channel will air our exciting racing concept, but also our wider storytelling around electrification and the environment.”

https://advanced-television.com/2021/02/24/extreme-e-broadcast-partnership-with-sky-deutschland/

https://www.cornwalllive.com/news/cornwall-news/st-helena-extreme-e-cargo-5040923

Extreme E car owned by Lewis Hamilton arrives in Falmouth on ship

https://www.falmouthpacket.co.uk/news/19115078.extreme-e-car-owned-lewis-hamilton-arrives-falmouth-ship/

Hight tide today is 15:31PM, low tide 21:56PM, so let's see if we get movement later.

https://www.cornwalls.co.uk/weather/falmouth-tide-times.htm

Ogggs, good to know you can read, many on here are not up to that level of education!

Ogggs, why are you asking on here? Check the Fundaments page like everyone else.

Pandy2,

When an ii looks at a holdings report, they don't think "Oh, down 10%", they think "HOLY CRAP, the Fund has just lost £500m"

10% could mean a change of £10, £100, £1000, £10,000 or even £500m

Percent up or down is meaningless, the only people interested in percent are day traders.

Actual money value is what everyone looks at. Value of something is how you compare them, not by a percentage up or down, as that does not determine the value, only the change in value.

Actual monetary value (MCap) is how companies are compared. If company A's MCap does not change, but peer company B's MCap goes up 25%, it means that company B is being valued by the market as being worth more in relation to company A.

Think of all Peer companies being related like houses in the same road. House A has 5 beds and is valued more than house B which has 3 bedrooms. Then house B gets an extension and now has 5 beds too, so should be valued similarly to house A. Again it makes no difference what percentage house B goes up to match the price of house A, only the amount of money the owner has made by having an extension built.

It's got FA to do with %, don't you understand what VALUATION means????? Don't you understand what it means when a financial analyst VALUES a company????

I'll explain it for you.

A company is VALUED at £530,000,000, it drops to a VALUE of £355,000,000. The people that own it HAVE LOST £175,000,000, that is how much they are out of pocket.

Another company VALUE drops £1,363,000,000 in the same amount of time. The owners of it HAVE LOST £1,363,000,000, nearly EIGHT TIMES the loss of the aforementioned company.

It makes no difference what percentage each dropped by on it's VALUATION, only the amount of money that the owners have lost.

ABB are going to be really busy!! Huge scope for AFC in this!!

"For every percentage point the target is raised (including a corresponding increase of the benchmark level for zero and low emission vehicles), we will need at least another 200,000 public charging points – over and above the three million already needed by 2030."

"For the more stringent limits under discussion, that adds up to more than 2.5 million more charging points. Who is going to guarantee that this number is available in time? In addition, every electric car needs its own charging point either at a private residence or at a workplace. This is where the majority of charging occurs."

"Therefore by 2030, at least 60 million charging points will be needed in private and public places."

https://www.euractiv.com/section/electric-cars/opinion/plugging-into-the-green-deal-europe-needs-charging-infrastructure/

MCap's today vs the close on 12 January. In MCap ascending order.

Some big drops there, some way bigger losses of value than AFC.

AFC valued at 58.1% of PPS is a joke for a start, before you look at how small the MCap is vs other FC / H2 companies.

AFC Energy
MCap £355m (Down £175m)
£2.85m Loss

Proton Power Systems
MCap £611m (Down £263m)
£6.4m Loss

Powercell Sweden AB
MCap £1,383m (Down £502m)
£6.73m Loss

Ceres Power
MCap £2,162m (Down £414m)
£7.27m Loss

ITM Power
MCap £2,695m (Down £890m)
£29.5m Loss

Nel ASA
MCap £2,993m (Down £883m)
£21.5m Loss (first 9 months of 2020)

Bloom Energy
MCap £4,757m (Down £167m)
£145m Loss (first 9 months of 2020)

FuelCell Energy
MCap £5,514m (Down £294m)
£77.1m Loss (first 9 months of 2020)

Ballard Power
MCap £6,104m (Down £1,363m)
£35.55m Loss (first 9 months of 2020)

Plug Power
MCap £18,460m (Down £5,368m)
£75.9m Loss (first 9 months of 2020)

The St Helena can go over 2000 Nautical Miles without refuelling, so it's not there for fuel. My thoughts are that it's either to collect something that was easier to collect there than have transported to Liverpool, or it's there for a PR event, or maybe both.

* Mucker*