Member Info for MPO818

Hydrogen project set to drive UK transition to a low-carbon economy

Essar plans to supply industry and homes in north-west England after £750m investment in two plants

Several peers have gained way more than AFC's ENTIRE MCap despite having NO NEWS of their own (a sector re-rating). AFC's value has to be relative to it's peers, not an exception!

APART FROM ITM WHO ANNOUNCED TODAY
ITM Power (AIM: ITM), the energy storage and clean fuel company, is pleased to announce a Partnership Agreement ("the Agreement") with Optimal Group ("Optimal"), a leading sustainable energy solutions provider in Australasia, to support sales activity in Australia.

Southerhay you wrote
I still expect £2-3 by EOY, as a result of successful demonstrations and partnerships..”

They are supposed to be commercial, you don't get income from demonstrations and partnerships these lead to cash calls to keep you going. Can't you see that.

As long term shareholders, well whats happening to this share (all be it at a much higher price) now is the norm. As LTH you have all seen 4p and now you have seen 90p+. I read comments like “the BOD need to earn trust” well being totally honest I’ve never trusted them, nor will I until they deliver some decent contracts/sales. I expected some years ago when they linked up with De Nora, didn’t we all? What makes us all so certain ABB will be any different??
I am still annoyed with this BOD for reducing Bond’s option price from 51p to 22p because of the increase in the number of shares in issue. More shares had to be issued to keep it afloat. Are we being led down the garden path, I can see the ExE business being cancelled because of COVID, I really hope not. Rant over.

Looking ahead to next year, TUI hopes to reduce its gross leverage, and to restore its credit rating – which Standard & Poor’s lowered to ‘CCC+’ from ‘B-‘, with a negative outlook, in June. The group also aims to return to profitability. For 2022, it seeks a return to normalised levels of demand and profitable growth. But broker Jefferies sees such targets as ambitious and points to unsustainable long-term debt levels. While it is nigh-on impossible to determine when, and how, the travel industry will return to some sense of normality. An opinion before the rights announcement. SELL

Ignore that all wrong, back to school for me

Should be 340p sorry

29 at say 240p plus 25 at approx 97p gives about 54 at circa 173p

“A proven product” yea because we’ve sold how many???

If they went ex rights today they would be about 330p, still further to fall given their business backdrop. Sell

I think DerSack is pulling everybody’s leg here. As I’ve mentioned before these market makers are “global” just check the opening price of AFC on the morning of the ABB RNS, don’t ask me how but it must be available.

This is not the true ex rights price, furthermore they are up to their necks in debt to the German government and there are no prospects of them fulfilling any holidays this side of autumn, possibly this year. The cruise business is well and truly shafted ships will be half empty to comply with social distancing if they do manage to get in the water.

Brent even more interesting tonight over $56.

More good input from Mr dickupham, postal order eh, last time I saw one of those I wore short trousers and it was for my dad to do the football pools (I’m now 70) how times have changed, we’ll all have mobile phones next!!

VICJAIN
the start of the year has been pi@@ poor in comparison sadly.
There has been 4 days, perhaps this lockdown makes it feel like 4 months, but it is only 4 days.

Sorry I should have read all the earlier posts before commenting, I'm getting over excited, I blame lockdown.

4. "AFC Energy": Hydrogen makes electric cars buzz

Charging points and domestic wall boxes for electric cars have one thing in common: They are dependent on the power grid. This means that renewable electricity is not always guaranteed. And charging is not possible in the event of blackouts. After ten years of development, "AFC Energy" from Great Britain has presented the first charging solution in the world that works independently of the power grid and is instead powered by a hydrogen fuel cell. An inverter transfers the energy generated by the fuel cell to a charger. This is ultimately available as electricity to the electric car. The system, which goes by the name of "Ch2arge", also includes a 48-volt battery storage system, which helps out during consumption peaks, and a hydrogen storage tank that enables 140 charging processes.

Yes that all sounds logical with the early trades probably carried over from Wednesday, the afternoon one built today. Still like to see a TR1 though can't all be pi's. My biggest concern is further dilution. I know they did one in June but the sp has risen fivefold, their ambitious and the market has an appetite for the sector.

Over 220m shares have changed hands yet no TR1 notified, rather strange, with about 620m in free float.

Just keep accumulating