The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Bit puzzled at your responses Red Hornet but each t their own. It's the perennial dilemma of the retail investor in that we will never have access to the information we would like and very few will have any ability to analyse it anyway. Chance would be a fine thing but when even Haggis is 'a bit miffed' at recent comms I think we can safely say it's an issue. I think anyone who has ever been to an AGM will recognise that the chances of learning anything particularly new and exciting are precisely nil. If that's moaning so be it. I'm a long way from being the most frequent poster on here
I back up the negative manipulators? No I don't. Last I heard I was on DW's (well one of them) blocked list for doing the exact opposite. I cant contribute anything very technical n here but I can and do post inform on how markets, funds, investment and regulators work which have a material impact on matters affecting AFC. AS far as I can tell your contribution on here amounts to changing your username every 5 minutes and refuting the manipulators, thereby giving them oxygen and extra attention. I have a significant shareholding here and like any rational person I am very disappointed at the lack of sales, the dearth f information over, particularly the last two years and the collapsed share price. What do you want me to do? Just agree with the massively offensive and arrogant Haggis?
What a bizarre response Mr Hornet. What I'd like to do on this bard is have some rational debate - I had a notion that's what it was for. That needs two things. Information to fuel a debate and the absence of posters who refuse to engage in one. What do you think I should do about it? Waste a day of my life travelling 300 miles to and from an AGM where I may or may not be able to ask a question with no guarantee of getting an answer? And, let's face it, there are a lot of questions.
So to find out something that any rational investor would wish to know you believe we should rely on the random nature of someone wanting to ask it at the AGM and the equally random nature of whether they get the chance to ask it? Quite apart from the prospect of getting a simple and clear answer. Do you not think that information is sorely lacking and the company should be rather more forthcoming?
I actually agree with some of what HmcH says although I'll never get my head round his mode of saying it. Even so, anyone not worried about the complete lack of market response t anything that appears the good news needs their head examining. As for his view that the discussions re wording in the accounts regarding the revised terms of the ABB deal is irrelevant as it's past year end is just plain wrong as the deal changes the terms of what was in the accounts prior to year end
The results, Moneysponge, are, as I'm sure you must know, almost irrelevant. We know there were no meaningful sales in that period. This is about a bet on the future. Nobody but a fool would suggest that it isn't a high risk one
There are two reasons why the company is valued at much less than it was not long ago. The first is outside its control - general economic conditions. The second is because it has been disappointingly slow to turn product into sales; that's undeniable. But no company at this stage has ever, ever been valued on sales - it is valued on its IP and its potential. The upshot of this is that because of the general conditions a much lower price is put on that potential than might be the case in other circumstances. If a fraction of the perceived (yes, its's perceived rather than actual) then it may be worth multiples of its current value. Nobody knows for sure but if you wish to value a company by traditional metrics then if you really are researching AIM then you are looking in the wrong place.
The company is in the latter stages of R&D with a clear path to commercialisation. Since when has a company at any stage of R&D based salaries purely on revenue? The pints you are making, Mr Sponge, are nonsense and smack either of deramping or a complete lack of knowledge