Member Info for haggismchaggis1

Bananaman2,

"Market will wake up when AFC show revenue and pipeline."

The market will need to wake up a lot sooner than that, or our peers will double their MCap's while we are held at £500m for months!

If the peer group is going up with zero news, we should be allowed to rise with them, so the whole sector goes up in synch, which is clearly not what is being allowed to happen.

They might have a lot of revenue, but it is not enough to pay their bills, so it makes no difference how much their revenues are, it only makes a difference if it turns them a profit, but that is still a fair way off with all of them. The reason they are going up has nothing to do with big revenues, it's to do with money being divested from dirty polluting energy into green energy and Hydrogen stocks. Billions, possibly even a trillion or dollars are moving into ethical investing.

Based on what the other companies have vs what AFC has, AFC could easily be over £1Bn valuation already, if the MM's would let it.

MCap's at the close today, and the MCap changes since the open on 4 January 2021, three trading days.

While AFC gets held down to £500m, almost all of the peers have been allowed to make HUGE gains, despite their huge losses in comparison to AFC.

Proton Power Systems
£509,000,000 MCap (up £4m)
£6,400,000 Loss

AFC Energy
£512,000,000 MCap (down £25m)
£2,850,840 Loss

Powercell Sweden AB
£1,632,291,367 MCap (up £132.55m)
£6.73m Loss

Ceres Power
£2,238,000,000 MCap (down £25m)
£7,270,000 Loss

FuelCell Energy
£2,913,937,593 MCap (up £280.28m)
£77,108,170 Loss (first 9 months of 2020)

ITM Power
£3,056,000,000 MCap (up £215m)
£29,560,000 Loss

Nel ASA
£3,659,429,345 MCap (up £204.48m)
£21,490,270 Loss (first 9 months of 2020)

Bloom Energy
£3,714,792,857 MCap (up £231.28m)
£145,324,363 Loss (first 9 months of 2020)

Ballard Power
£4,965,302,636 MCap (up £148.97m)
£35,555,474 Loss (first 9 months of 2020)

Plug Power
£10,687,376,761 MCap (up £380.2m)
£75,907,994 Loss (first 9 months of 2020)

It's not really what I would call a negative trend. Look at today's intraday chart, it's not a downtrend it's a controlled movement to keep the price just above £500m. If it was a downtrend it would actually go down, not keep coming back up above £500m.

Garonne, I wouldn't worry about TG closing price, it hasn't affected the LSE opening price so far, and seems unlikely to do so. LSE is the main market, TG along with the other SIX German Exchanges are 'interesting', but not the main player here.

mucksy, wrong thread??

Look at the Intraday chart. The price was held close to 74p all day (a fraction above £500m MCap), mainly from 11:30 after the expected initial volatility, to 15:37 when it was allowed to go back up, or it was walked up.

So that is four hours of sideways trading, with very slight moves above and below to encourage some trading, but nothing that would alter the overall sideways movement that the ii's and MM's wanted.

After seeing a lot of days with sideways trading recently, and a rise at the end today, I am wondering if they are nearly finished and ready to walk it up to the next level tomorrow, Friday or next Monday.

Crocqman, interesting! I guess ii's will have to stick to the dark pools if they want to get some sly buys in then.

This AFC Energy info is not just on the Austria Volkswagen site!

It is also on the Hungary site
https://www.volkswagen.hr/d/11167-simun-doo/e-mobilnost-i-id/id-magazin/technologie/sechs-spannende-ideen-fuer-die-ladeinfrastruktur

And the Denmark site
https://www.volkswagen.dk/da/id-og-e-mobilitet/id-viden/e-mobilitets-teknologi/ideer_til_opladningsinfrastruktur.html

Google actually finds it on 20 pages across the 3 sites.

Bananaman2, unless it's ii's adding to their holdings and trying not to affect the UK market, so buying off market after the UK close at Tradegate?

This is similar to ii's buying on Barclays LX platform etc.

https://www.investopedia.com/articles/markets/050614/introduction-dark-pools.asp

Tradegate taking a nice rally after the UK market closed and is now in the blue!!

https://www.tradegate.de/orderbuch.php?lang=en&isin=GB00B18S7B29

Bombaysapphire,

There's a saying about Fusion, it's always 10 years ahead, has been since the 1960's!

ChazBigspuds, good post and I think reflects a lot of the last 12+ years for AFC shareholders, but, finally we seem to have arrived at a great destination, the land of green (and I don't mean Wales LOL!) investment!

And whilst some naysayers will dismiss it, way back in January ……

"AFC Energy said it is looking to enter into discussions with car manufacturers and suppliers for the production of scalable EV Charge systems for commercial deployment."

https://www.highwaysmagazine.co.uk/Hydrogen-fuel-cell-used-to-CH2ARGE-electric-car/4633

ABB also supply VW with robots:
https://roboticsandautomationnews.com/2020/10/26/volkswagen-orders-staggering-800-abb-robots-to-build-its-new-electric-vehicles/37664/

I already pointed out recently on here that ABB supply Ionity and that I see them as early takers of the AFC+ABB System due to grid restrictions impacting their 350kW chargers and Motorway Services.

VW Group have fingers in the Ionity pie.

"German automakers are doing their part, with the Ionity charging-network joint venture by the BMW Group, Daimler AG, VW Group’s Audi and Porsche divisions, as well as the Ford Motor Company. By 2020, Ionity plans to operate a network of approximately 400 fast charging stations across 24 European countries."

https://new.abb.com/news/detail/5706/abb-driving-the-expansion-of-global-ev-charging-infrastructures

alwaysontheroad, great find!!

The file title is:

Technology
Exciting ideas for the charging infrastructure

The charging infrastructure in particular is of crucial importance for the success of electromobility. The next generation of charging stations awaits with new innovations. We'll introduce you to the most exciting solutions for the future.

You can find out here:
What creative solutions are there to further expand the charging infrastructure?
How lanterns and distribution boxes are used as charging stations
Why hydrogen can supply a charging station with energy
How far the dynamic loading is while driving

So VW definitely like the idea, they think it is one of the most exciting ideas!, who knows, they may sign an agreement so they can use it in places with limited grid.

BumbleB2, indeed, the Patent lists increased efficiency, they wouldn't put that in a Patent application unless it was a worthwhile increase that could be demonstrated, else the Patent would be rejected (and they obvs know that).

"The presence of electrolyte in the catalyst containing layer provides for anion exchange capacity deep into the catalyst containing layer, improving OH- ion conductivity in the electrode. This should increase the power performance of a fuel cell or decrease the amount of power required for electrolysis (the devices become more efficient)."

Also lowers cost:
"Aspects and embodiments of the present invention may advantageously require less clamping force to be applied across the MEAs; this being the case, the bipolar plates in a fuel cell or electrolyser, or fuel cell or electrolyser stack, comprising MEAs in accordance with aspects and embodiments as described herein may be thinner and lighter than might otherwise be required. This is advantageous in terms of both potential weight saving in a fuel cell or electrolyser device and also in terms of material cost."

No electrolyte means a much simplified design with much lower costs, minimum BoP too.
" Advantageously, the invention enables the use of a fuel cell or electrolyser without liquid KOH present"

https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2019069095&tab=PCTBIBLIO&_cid=P22-KJLMLL-95414-1

blueboy310, well spotted!

Cover story too!!

3.5%????? Nothing. Being held at £500m! No need to run for gold from here!

UK Car Registrations 2020 announced today.

December, pure EV (BEV) up 343.7% on November!!

For 2020 BEV reached 16.5% of sales, DOUBLE FIGURES!! Up from 3.3% in 2019!!

For 2020, fleets and businesses bought 54.2% of new vehicles. (very relevant to the AFV EV Charger)

The EV sector is also set for further growth through 2021, according to SMMT. More than 100 plug-in car models are now available on the market, while manufacturers are scheduled to bring a further 35 to market in 2021

https://www.businessgreen.com/news/4025422/uk-electric-vehicle-market-enjoys-best-2020