Member Info for MPO818

Added to Goldmans prediction for gas prices we must remember bills have been really high in the UK despite the fact we had a MILD winter. From memory we had only one short cold snap in December. The chances of a repeat are slim and ANGS will surely have sorted all its flow issues out and be in line to benefit from any surge in gas prices - a bright future indeed if the BOD don't screw it up.

It is becoming a bit of a regular event that stocks quoted both in the UK and European markets have great performances when the UK is closed due to bank holidays. TUI up over 6% yesterday and a tad higher on this mornings opening overseas. Positive trading outlook (with almost no summer discounts) reported yesterday by TUI ahead of results tomorrow - interesting times.

Todays buy back should be interesting, the share price decline after 1st quarter results is rather overdone imo. Hopefully advantage will be taken of this opportunity.

Oh dear - With a blue share price, what are they moaning about now? at least the sun is shining on the Rhine.

The posting history of JS could easily make someone a "comic book" millionaire.

"I am a serious investor, I tend to invest £100k min in a stock, my current max is £280k.
"Just purchased another decent amount . (share price 330p)"
"I’m afraid we got sucked into NR BS he coerced me into investing here ."
"I’ve lost £80k in this joke of a Co .It makes me sick how people like NR can actually sleep at night "
There are over 300 nuggets (and growing daily) to choose from and now he wants us to believe his position has grown - how's the mortgage going JS?.

If there was any realistic hope of a takeover here by Shell or anyone else these would not be sitting at 1.5p, Furthermore Forrest would be buying not selling aimo.

Response from JS about 13 months ago
"MP0818 FYI there isn't any need to call me a nutter .Simon Thomson article in IC and the POO convinced me to invest . I promised my other half should it multi bag my 10,000 shares will help pay off part of our mortgage and pay for a nice break in Ibiza. I doubt I would get the same return in an instant savings account"

Subsequently posted his holding was circa 960,000 shares (so probably over 2m quid) I wonder what happened to the mortgage??

I might add, Haggis, your are correct in your assessment that the loss and the cash position will have been known before Christmas (What company wouldn't know its cash position on a daily/weekly basis, the accounts reveal a major slice has always been on deposit). Furthermore, since we are almost half way through the current financial year the cash position may well be below £30m based on the expenditure levels of 2022 added to which all companies have been adversely impacted by the "cost of living crisis".
The delay in the issue of the accounts has been to allow for post year end news to materialise and (they hope) that these events mask the poor progress made in the year ended October 2022 - The market will give it's verdict at 8am Monday.

Haggis your assessment of the results release is totally floored.

The annual report stretches to 117 pages, the NOMAD will have wanted to read and approve the full accounts prior to issue. These will have been completed at least a few days before issue and the announcement delayed until the market had closed.

Oh dear, the bitterness in todays posts is tangible, sell up boys and move on, life is too short and there of plenty of other opportunities.

Well the annual accounts finally landed albeit after the market closed at 6.30pm. The market reaction on Monday should be interesting. The majority of the report is focused on post year end events, which they EXPECT (they have expected great things in the past but never delivered) to make 2023 a great year, not sure they realise we are already almost 6 months into it.
With revenue of £582k from rental income and the sale of hydrogen (which I might add includes £214k deferred from 2021) the year must be considered disappointing. The £2m paid up front by ABB has become £1.6m of deferred income to be taken in 2023, furthermore the final £2m has been revised into a subscription of £2m worth of shares diluting shareholders.
The first winner is AB, although his remuneration appears to have reduced from £876k to £597k he has been awarded a LTIP of £241k (2021 nil) to bring him to within a whisker of the previous year. The second winners are the Auditors whose fees have risen from £155k to £312k an outrageous amount for a company with so little financial activity.
The big losers are of course us shareholders, the only strand we can hold onto is the 195p price EXPECTATION being spouted (for at least 2 years now) by Peel Hunt. I fully EXPECT this post to be shot down (all figures stated are factual from the report and accounts) - so off you go.

Perhaps it is because he is always involved when ANGS want a bit more money, which has always been raised at 1.65p or lower. If he was able to unload to an institution ANGS could avoid him and go to that/those institutions.

Just spotted - will do a detailed review over the weekend, auditor getting well paid, but can't see their report, must be there somewhere - will review.

Final allowed sale for the quarter. That implies that he perhaps does NOT expect the sp to rise above 1.8p in the coming days/weeks. The quicker he is gone the better, just hope he is not raising cash for yet another ANGS funding round at a discount to 1.8p.

Batterymetals
"perhaps you should also keep silent when it comes to investment advice as well since your track record for picking losers rather speaks for itself."
I have been invested in JOG for a considerable time and continue to wait patiently for the FO process to complete. I read all posts on this site with interest and find the posts of DU informative, I cannot recall any "investment advice" he expresses his "opinion" and perhaps you are confusing the two. Let's hope all works out fine here and you make a healthy return on your remaining 25%. My own opinion is we will see in excess of 400p, when, is anyones guess but I am a patient guy.

Spacerat
Thats a massive assumption on AB's salary package - with inflation at 10.1% and junior doctors asking for 35% my guess is somewhere in-between with a huge bonus and more options to follow. "Having your cake and eating it" springs to mind.

Clever

Dick, " How about you, James? What's your story?"

I'll start it for him --- Once upon a time........
Sorry couldn't resist.

DCF = Discounted cash flow: When I went to uni (over 40 years ago) "CASH FLOW" was required to calculate DFC.
Pray tell what "CASH FLOW" numbers are Peel Hunt using to arrive at a share price of 195p.

To see Peel Hunts price target of 195p, however that was the price target 2 years ago when AFC shares touched 80p+ it remained the target at 60p, 40p and now 20p. Have they published "EXACTLY WHAT HAS GOT TO HAPPEN" for this 195p target to be reached. One regular poster on this BB has his own personal target of 800p (that would be nice) and anyone who suggests otherwise is a "com man" or "basher" of the company.