Member Info for MPO818

As of last trade, AFC Energy PLC (AFC:LSE) traded at 51.00, 92.09% above the 52 week low of 26.55 set on Nov 23, 2020.

With no positive news the 92% gain is going to turn negative rather quickly - not what we all predicted last new year.

We are all aware of this, however, judging by the market bloodbath, the shares probably would have fallen today any way.
Velocys, the Oxford-based aviation fuels developer, raised £25m with an overnight share placing to fund investment into reference projects and manufacturing. The Aim-quoted company placed the shares at 8p, an 8.6 per cent discount to Thursday’s closing price.

UK futures currently over 200 points lower, US over 600 points lower, not going to be a pretty day.

Could either of the recent Offtake partners be involved??

Looks like 300p is likely to be hit, just one decent market day away.

Oh dear Haggis - you really do have a bee in your whatever - AFC has over 700m shares in issue, opinions on the BB have little impact (if any) on the share price. Alternatively comments in official RNS's by the CEO will impact the share price. The expectations regarding orders and sale in the half year report (not yet delivered) are now being doubted by both the market and investors. The S series order for 2023 has also had an adverse impact. The market and investors are looking for tangible progress - the delay to the year end update is rather worrying. Stop blaming BB comments for CEO failings."It's people like these that have prevented this stock from reaching £1+ share price, because every time it goes up, they sell out I won't be posting anything from my research on this board"Your research is interesting, but sp enhancing.

This really is a game changer for VLS
"It is very encouraging to see Southwest make such a strong commitment to using fossil free fuel as part of its environmental sustainability plan and to see Velocys technology performing a central role in making this possible.
"This unique long dated offtake, encompassing fuel purchases and sales of greenhouse gas credits, underpins the financing of the construction capital for the Project.
"This agreement shows that commercial scale demand for SAF can be satisfied already by the middle of this decade and that Velocys plays a pivotal role in enabling this."

A couple of chunky buys and a widening spread, all too complicated for me.

Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "Successful completion of this raising will be a significant milestone in the growth of Greatland. The raising forms part of our strategy of delivering value to our shareholders through the ongoing development of Havieron and our broader exploration portfolio. We are particularly excited by the opportunity to fast track some of our development initiatives through this financing.

The Greatland team appreciates the participation of our existing shareholders for their continued support, as well as welcome new investors, that may participate and join us in this journey. We look forward to continued success for the benefit of all our shareholders."

BumbleB2 and other LTH's
I am not spending another minute on AFC this weekend. AB has 27 business days to deliver share price enhancing news. At the close of 2020 we sat at 94p, currently we sit at circa 54p - you do the maths.
His 23rd June expectations are below: Have a good weekend.

Outlook
· AFC Energy expects to announce multiple new system orders in the second half of this calendar year.
· Following COVID related delay, AFC Energy fuel cell system now on track for dispatch to ACCIONA in Q4 2021.
· Multiple new product releases expected for second half of this calendar year.
· Juelich fuel cell system for German micro grid on schedule for completion in Q4 2021.
· Preparation for delivery of full prototype high power dense AEM fuel cell by calendar year end.

BumbleB2
Crystal ball, did you not read the last sentence.

"There remains a few weeks for this to be met, so maybe, just maybe."

An example of the bullish statements issued by AB and then not delivered – he has no credibility in the market and unless that changes quickly the sp will collapse and his position will become untenable.

From the year-end update issued 3rd November 2020
The agreement to trial our equipment with ACCIONA on a working construction site in the Spring of 2021 underscores the international reputation of our equipment but also confirms that the use of our equipment extends beyond EV charging and is being considered as a genuine displacement of diesel generators, not only in the UK, but on a global stage.

From the half year update issued 23rd June 2021
Following COVID related delay, AFC Energy fuel cell system now on track for dispatch to ACCIONA in Q4 2021

There remains a few weeks for this to be met, so maybe, just maybe.

Unquestionably a very good interview : But the market does not believe as reflected in the share price. Sales required to back up the hype.

Garonne You wrote
Let's hope the EOY report, when it comes, is bullish
Very frustrating. Is Bond losing his touch?

Well firstly it would be helpful if AB could deliver on his share price enhancing expectations he set out under the heading "outlook" in his half year report issued 23 June 2021. Or alternatively explain the reasons for non delivery.
I fully expect him to leave no stone unturned, when he issues his EOY update. There will be no revenue of any significance to report. He will comment on the giant strides AFC has made as it accelerates to commercialisation, in much the same way as he has since the road show of December 2019. The big difference this time, is unlike last year the share price will not race to 94p, because the market and LTH will take it all with a pinch of salt. I predict that within 3 weeks of this EOY there will be a further RNS granting AB and Gibson another few million free share options for the Sterling work enhancing shareholders value.
As for you point about "losing his touch" could you just remind me what that "touch" was.

Tenbaggerboy
Clearly didn't like that post, you used too many long words.

Global oil prices may rise to as high as $120 by the middle of next year as the ability of OPEC+ to meet demand is at risk from under-investments and sanctions, according to a Rosneft PJSC executive.
This cannot do JOG any harm.

FCI
IMO the market did not look favourably on yesterdays announcement because it does not look to be a "commercial" transaction just further "development". The half year report expected "multiple new systems orders" not a development agreement for 2023. Maybe if they had first delivered on their expectations and then followed with the 2023 agreement thing may have been different.

Coldfishpie - We expect this news from AFC this calendar year - it the statement from AFC is NOT price sensitive the sp will be fcuked - so it looks to me as if AFC are not going to deliver on the multiple systems orders.

· AFC Energy expects to announce multiple new system orders in the second half of this calendar year.

Outside of closed periods.....directors can buy and sell at anytime as long as they do not buy and sell within a 30 day period of materially enhancing sp news.

Surely this scuppers price sensitive news any time soon????

Of no significance to AFC - But it may cheer Haggis up.
Every Centrica employee is being offered the chance to slam the brakes on their emissions after the company launched a fully electric salary sacrifice car lease scheme.

Centrica continues to take a progressive approach to reducing its vehicle emissions, having committed to fully electrifying its 12,500-strong operational fleet by 2025. The company has more electric vans on the road than any other UK organisation, with nearly 700 Vauxhall Vivaro-e British Gas vans being driven by engineers and a total of 3,000 set to be delivered by the end of 2022.