Member Info for haggismchaggis1

Well AFC on NASDAQ has the highest volume ever today, a staggering 340,322 traded over 83 trades LOL!!

Somehow I don't think they are in the same league as us!!

https://finance.yahoo.com/quote/AFGYF/

I've sent this to AFC, as a strategic partnership with JCG and/or Mitsubishi would work well. They can distribute AFC FC and EV systems and supply their own Ammonia as a complete solution in Japan.

Well if you or anyone else wants to go more in depth and research the cash, debt, revenues, P/E and other ratios, NAV, etc, you know where to look, but not a lot of it is any relevance to the MCap.

For me, the losses are the most important next to the MCap, because if a company is losing money then revenues clearly are not enough and it is burning cash. People can easily check how much cash a company has by reading it's RNS, and work out how long that will last from the cash burn figure.

I have put the figures in for losses because many many people keep popping up out of the woodwork asking how AFC can be valued so highly when it's not making any money, and the answer is clear in the figures, neither are any of the companies with MCaps that are multiples of AFC's, it is standard for the sector at this time and only when companies start making profits can we sort out the winners out. AFC should be profitable quickly because it has such low cash burn to start with. The FY 2021 results will hopefully show a profit, we'll have to wait and see.

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

AFC Energy
MCap £530m (up £118m)
£2.85m Loss

Proton Power Systems
MCap £874m (up £106m)
£6.4m Loss

Powercell Sweden AB
MCap £1,885m (up £165m)
£6.73m Loss

Ceres Power
MCap £2,576m (up £293m)
£7.27m Loss

ITM Power
MCap £3,585m (up £556m)
£29.5m Loss

Nel ASA
MCap £3,876m (up £178m)
£21.5m Loss (first 9 months of 2020)

Bloom Energy
MCap £4,919m (up £689m)
£145m Loss (first 9 months of 2020)

FuelCell Energy
MCap £5,220m (up £332m)
£77.1m Loss (first 9 months of 2020)

Ballard Power
MCap £7,467m (up £457m)
£35.55m Loss (first 9 months of 2020)

Plug Power
MCap £23,828m (up £908m)
£75.9m Loss (first 9 months of 2020)

There was already a practice in Spain, but we were not involved in that, as they were still testing the FC when that was on.

Of course they are, certainly the Fuel Cell companies, if comparing the Fuel Cell sector. Adding in the Electrolyser companies and others if looking at the Hydrogen sector.

If you were looking at buying bank shares and needed a comparison, would you leave HSBC out just because a lot of it's business is in Asia? Or leave our RBS because it was just high street banking? Of course you wouldn't, they are UK listed Banks at the end of the day, and valid to compare.

When you get the chart up and compare AFC, CWR, ITM and PPS, you surely must see that the share price movements often follow the same tracks, that is because even though ITM might be an Electrolyser company, it is still a Hydrogen company along with the others, and that is what the market, the analysts and the MM's are following, therefore they are a valid comparison, because they are linked by their chart movements and they are part of the Hydrogen sector. Hell, you can even add PHE into that.

Siemens slashes 7,800 jobs as green energy changes course for company

Siemens Energy (ENR.DE) announced plans to cut 7,800 jobs in its gas and power segment to improve its “long-term competitiveness” as it looks to focus on green energy. Its shares ticked up roughly 0.8% Tuesday morning.

The company, which was spun off last year by German industrial giant Siemens AG (SIE.DE) and currently employs 90,000 people globally, also said it will no longer bid on contracts for new coal-fired power plants.

https://uk.finance.yahoo.com/news/siemens-slashes-7800-jobs-as-green-energy-changes-course-for-company-084551054.html

Japan potential via Ammonia

Saudi Aramco bets on ammonia-hydrogen business with Japan

https://asia.nikkei.com/Editor-s-Picks/Interview/Saudi-Aramco-bets-on-ammonia-hydrogen-business-with-Japan

Hydrogen Trains!

https://fuelcellsworks.com/news/hydrogen-trains-could-put-the-uk-governments-green-plan-on-track/

Top Gear South Africa!

https://www.topgear.co.za/news/what-is-extreme-e

AFC is 3rd highest riser on Tradegate renewables sector:

https://www.finanznachrichten.de/aktienkurse-branche/erneuerbare-energien.htm

Also up similar amounts on the other German Bourses:

https://www.finanznachrichten.de/aktienkurse-boersen/afc-energy-plc.htm

Pushing up small tick by small tick at the end today! Going to finsh on a high of the day by the looks of it, which always bodes well for the following day.

Welcome back! I do remember you!

So, post them then. You're welcome to use the list I already posted, that will save you some time.

Oh dear … "This message has been filtered, please adjust your filters to view"

So just to go back to his original argument claiming Tom McColm's 232p was "wildly optimistic", at the time, AFC had 150m shares in issue, which would give it a MCap of just £348m LOL!!! For a company looking at 100GW of fuel cell power stations worth £40Bn.

Far from being "wildly optimistic", it was, as I said, very conservative.

My own price target for 5 years ahead of that was £10, for a MCap of a paltry £1.5Bn. Just compare that the the other Fuel Cell and H2 companies today, and work out what AFC COULD HAVE BEEN WORTH by now with 100GW+ of Fuel Cell power stations if it had all gone to plan.

Search the document for AFC, it was our Fuel Cells that were going to be used.

"Evidence from Neil Crumpton, energy consultant to B9 Coal (developing fuel cell CCS power stations)"

athansius,

You want FACTS, here's a nice big juicy one for you that I bet you've never even seen.

I sent this to Tom McColm on 27 May 2011. In case anyone doesn't know what 100GW works out at, 100GW is worth £40Bn at the AFC target in mass production of £400 per kW at the time. As I have said, the Tom McColm target was conservative, and based on this, you have lost the argument completely.

"In terms of load-following in a future UK energy system even 4 GWe of capability per 10 GW of nuclear capacity (or in anything eg CCS ) would be relatively inconsequential compared centralised gas turbine or fuel cell power stations or a de-centralised electrical generating system could do, ie in CHP mode a 100 GWe deployment of alkaline fuel cells becomes 180 GW of - because de-centralised generation tackles the PEAK heating demand."

https://publications.parliament.uk/pa/cm201012/cmselect/cmenergy/writev/supply/m37.htm

athansius,

You wouldn't know a FACT if it fell from the sky and hit you on the head.

You don't even know that a MCap and Share Price are the same thing, a VALUATION on the company that is exactly the same amount!!

And as I said, SHARES IN ISSUE.

Shares in issue (m) 150.87

That 137p was only valuing AFC at £206.69m!!

Header from the Tom McColm note of 2010, 11 years ago!!

"News flow from AFC since November 2009 has been stellar. We believe
it is only a matter of time before the market values AFC's significant
growth potential. Commercial tie-ups with Air Products, Centrica,
WSP Group and Linc Energy ("Linc") are testament to the wholesale
power producing potential of AFC's high efficiency, zero-carbon, low
cost technology. Forecast roll-out of Underground Coal Gasification
("UCG") with Linc, in which carbon capture is free, generates
potential 20yr cash flow that changes our fair value upwards from
£50m to £207m. This revision assumes a 22% WACC, no green credits,
no maintenance income and no growth after 4.2GW of UCG is running
by 2021. We rate AFC a S peculative Buy and set a 137p target price."

Athansius, you are only saying his targets were rubbish because the share price didn't reach them It didn't reach them because the projects did not complete, which is no fault of Tom McColm or AFC. Hindsight is sometimes a wonderful thing, but not if you are going to twist it around to suit your own opinion.