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What's happened is a consistently disappointing SP and lack of substantive news over a period of years. It causes the BB to fall into three camps. 1. people who stop posting because there's really nothing to say but look at the site inthe hope of reading something significant (me mostly). 2. people who get angry and vent by bickering and 3. AFC advocates and/or plants who keep posting positive messages and extrapolations that don't seem to be reflected in the SP, great detailed analyses and yet here we are still at upper 30s. Im sure someone will want to take issue but in the end, there it is the undeliable truth upper 30s still.
I agree, it is looking a little vague. I can't see why ABB would not use the name of AFC as a subcontractor/partner or allow AFC to publicise it on their own website especially as ABB have made the public announcement. Is it possible that ABB are running deveopment projects with several tech partners to ensure their ultmate supply position in the future market over several applications?
Question is: what volumes of business are likely to go in AFCs direction? If that link with AFC is publically made then we could see a significant move in SP. But as usual - who knows?????
If we have 50 customers in th pipeline and its pretty much gauaranteed (there will always be attrition and time delays of course) then AFC are in pretty good shape. However let's not get confused about salespeople and what that means - "Sales" can range from box shifters to strategic account managers. These latter people will be tasked with uncovering market opportunities, progressing pipeline and implementing service and growth strategies for existing partners. They are often highly senior and experienced people and I would be DEEPLY concerned if Adam Bond was doing it all in combination with a tech guy for example. If that's the case it means that either they dont believe they need account managers (salespeople) "I CAN DO IT ALL MYSELF! or they are so far off any position to enter the market and undertake business development activity its an irrelevant requirement.
Account teams working in unison with executives, strategists, operations and technical are an absolute requirement to grow and keep business. Account managers should be able to interect with C suite people as and when required. I don't think anyone on this board believes AFC need "double glazing salesmen" at least right now!
Agreed! Its great that we have many committed posters sharing great research and insights (well done guys your work is truly maginificent) and yet AFC shows little to no sign of having a stake in any of it and the SP is now at low 30s. Some would say that AFC may be keeping quiet about commercially sensitive discussions and some would say that global and market conditions are holding back the inevitable explosion of this industry. Let us hope that a: the timescale for this explosion allows any of us to benefit before we are too old to care and b: it deosn't end up being the current megaliths of energy with politicians in their pockets that dont grab this.... "SHELL clean energy" "BP Global Environment solutions". While the AFCs of this world c*ck it up and disappear along with its investors.
Nice idea but the US will give clean energy contracts to US companies. Unlike the UK that likes to give money to foreign companies rather than support its own, the US like to sell abroad and support US tech where possible.
I agree it’s not a good time to sell right now. It’ll get to 80p again - probably! But good news has been “not far away” for a few years now. What we really need is Autonomy’s creative accountants to flog it to some massive industrial giant for 11 billion LOL :)
Yep, I agree Portfolio2. The moment I stopped waiting for "the big one". (which always seems to be around the corner) and started trading to a. bring my average price down and b. to take profits when it shot up (often without a huge amount of tangible, solid news) I started to make money on it. While I like reading optimistic and well researched posts I avoid the temptation to hang on because massive SP rises seem to be around the corner. I just set limits on buys and sells. I let a load go at about 83p risking that it may have shot to £2 9or whatever). Now of course I wish id sold the lot and was buying back in now but you know what... that balanced approach covered my original investment and netted me a nice profit so I dont have to panic and rant now whenever AFC performs like 5h1t and the newsflow stops.
Oh yes Scarpa50 - I've no intention of selling right now. I'll probably let some go at 80p to £1 if it's general sentimen, co-develpment projects or optimistic MOUs because it will inevitably drop back pretty fast but if it rises on something truly tangible like a large contract with serious volumes and sales figures then I'd probably hang out for £2 - £5 as, in that event it's less likely to fade back.
AFC is now about 60 months pregnant if the various obstetrician's are to be believed; I'd now like to see a big fat baby!
This is all great - I’ve been in afc since launch and made some money along the way on trades but I’m rather hoping to make some serious profits before I’m too old to enjoy it. At 63 it’s a consideration.
My numbers of “success just around the corner” are diminishing.
I provide consultancy to many business to business clients and I am constantly amazed at how poor their websites are. Im not an IT person - thats not the kind of consultancy i provide. BUT... if a website is poor it usually one of three reasons:
1. the business is providing sufficiently for the executive. i.e. they are on a fat salary and bonus so whats not to like and why spend money when you dont need to?
2. the business has been bought by a parent company that doesnt really understand the product or market the aquired company is selling into combined with an obssessive and centralised micro management that revolves around P and L and short term cashflow metrics. Hence IT people need to wait for months to get a simple permission to change a banner of the website. Finally...
3. the company doesn't really understand its target market nor does it understand its differentiated value proposition i.e whats different about them and their offer, why anyone would care and how they would prove it without using meaningless, salesy adjectives.
In this instance though (and im saying AFCs website is poor) I suspect its because they recongnise that their route to market is through enterprise sales and strategic partnerships which in turn require high level and often face to face interactions. In other words, the website is there just to maintain presence because the target markets dont really look at your website. This is not a business to customer retail brand after all.
I suspect that's why the website has incurred your displeasure - its not for or about you because what you (or I) think will not affect AFCs ultimate success. I mean this as a positive observation.
Hi Jimmyman, agree totally! yep, they are tediously transparent! Someone asked yesterday if buying at 40p would be a good move. I said then they need to weigh up the biggest likely regret. Would it be a. buying at 40p and seeing it drop back to say 20p or b. not buying at 40p and seeing it go to £2 for example? And act accordingly. I’m sympathetic and It’s a difficult decision and happily one I don’t have to make as my average is 18p and I already covered my original investment with tax free profit on top. I don’t waste my time though worrying about not buying in at 1.8p.
All that said, personally I don’t believe that the days of 20p and less will be returned to for any length of time at least in the light of technical and commercial advances. For those who didn’t make money and are regretting selling out or not investing I might suggest they look at 50p as a good price, swallow hard and look forward not back or... just invest elsewhere.
No agenda here Numbers but I’d say this is a good price. Question is: will you kick yourself more if you buy now and it drops to say 40p or will you kick yourself more if you don’t buy now and it rises to 83p?
Difficult one!
Yep, always happens when the SP isn’t where people would like it. Of course, when it goes up (which it will of course) Adam Bond will be hailed as a genius and we’ll all look forward to seeing each other on the beaches! Yay! In the meantime, it’s a winge fest!
I used to work on a newsdesk for a major UK broadcaster (not BBC) and most journalists are surprisingly ill informed and rather lazy. They'll go for the quick hit. Re being british ... the BBC were heavily criticised for their very biased pro EU reporting throughout Brexit (Im not offering an opinion on whether we should have stayed or left). That bias may still be hovvering around and lets face it the current government is making it hard for many people to like them right now. Again thats an apolitical comment.