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Acta (LON:ACTA) Beaufort Securities July 25 2013, Acta released an update on its commercial activities and the future outlook for the six months ended 30th June, yesterday. Among its major activities during the period, the company launched an advance energy storage system, named Acta Power and has contracted for paid trials from multiple mobile network operator companies. The product addresses the backup requirements of telecom base stations in off‐grid or bad grid locations in Asia and in other geographies. Paid-trials have been initiated with two telecom operators in Australia and Africa. Besides, Acta is in negotiations with few more companies for the same. The product is also being promoted by the commercial partners of the company in Africa, Middle East, China and Russia. In July, the company also announced the first UK paid trial of its technology in a wind turbine application to address alternative use of the renewable energy not accepted by the national grid due to its limited capacity. Acta has received many repeat orders for its electrolyser systems with a rise in the orders and shipments of its larger electrolysers (500L/hr and 1,000L/hr). The company has increased production levels to meet the growing demand for its products and solutions and has also organized an internal customer service team. The company sees more business going forward through early stage roll-out of new trials and larger, second-stage evaluations of the existing trials. In a separate announcement, the company announced signing of a new contract with a Philippine-based customer for a trial of Acta Power back-up power system in partnership with a local technical support company, SMS Global Technologies. Our view: The growing demand for paid trials of the company’s newly launched Acta Power is a positive signal for the future business prospects. The Acta Power system is cost-competitive over the battery and diesel systems because of the lack of requirement of battery or fuels. The system also faces lower theft risk compared to its traditional counterparts. Besides, in July, Acta also launched a technology addressing the usage of the alternative energy that is not accepted by the grid and we see a huge potential for this system in the near future. Considering Acta’s unique set of patented technologies, strong order book, and the massive potential for back‐up power systems, we believe the company has strong business prospects going forward. We maintain a Speculative Buy for this stock.

Lets Hope we start to get a bit more publicity. Looks like more patience required. Don't think ACTA can do much more than they are doing right now. May need to look at how they sell themselves to the market. Increasingly, I am sure we will get there though.

Hi Copout, Some people here will be familiar with AFC energy. They market themselves as an energy company. Last year they released a report (Peet) where they said they needed 20mw to break even. They are 2-3 years from that. ie we must be 5 years if front of them and their market cap is currently twice ours. This is a simplistic comparison (they have good backing) however I think this helps give some perspective.

Aggieuk, I bought in here last week. Not aware of any news. Not an expert on the company either but if they have 5 million cash, their cash burn is very low and they should be commercial towards the end of the year + the product/s do have significant potential then I can't see how you could go wrong with current share price/ market cap. If they were worth 10p+ a few months ago, why 5p now? Bit of a delay thats all.

Bought in here today. Recently sold out of AFC as I think there could be better shorter term opportunities elsewhere. ALK is a few years in front on AFC and half the market cap. Tech. Do you have an opinion on ACTA. I think they could do well but would appreciate your opinion or anyone else here for that matter.

Someone said we have been tipped by RHPS Does anyone have å target price.

Thanks trebor2010 -may have payed too much for them. I think wasabi will make it but it is only my opinion. Lets hope so. It must be one of the nicest companies around to Invest in. The environment needs wasabi . Hope that dosn't sound too corny.

Transfered my isa allowance in here today. Should have done this sooner. Nb bought wasabi å few years ago but sold. We must be must be near the bottom.