I invested in this company way before the Covid situation as it was the Nano Technology that caught my interest.
Covid/masks were a distraction and although I felt the tech was good, I never liked the business plan )did they have one), as even thinking the masks were a good buy at the prices set, without a big government/company order it was unlikely to take off due to a price that people/companies were not willing to pay.
As the company appears to be now concentrating on its initial route, I am quite happy to hold, especially as everything now looks to be going down the licencing/royalty route.
In trading updates, you don't often see the word Materially,
'The company is pleased to announce that it has continued its strong momentum into the second half of 2022 and now expects to report revenue for the financial year ended 31 May 2022 materially ahead of market expectations.'.
Materially, meaning.......'In a significant way; considerably'.
Hi Mr A,
Yes I do, as my mother used to be in a catering business, where trade demo's conducted at week-ends garnered a big attendance..
And as to trolling, I have been invested in AFC since the company floated and if you look at my posting history, you will not find any so called 'trolling' posts.
So please as a member for only a year, don't just jump on any post or/and poster with such comments.
If the company can't have cover over the week-ends, a time when any technology equipment demo is likely to be busy, that is really bad form.
Of course they could have been somewhere more important for the company, who knows.
I have resisted putting Desertwolfch on ignore, because over the years he has made some quite valid points, but as the years have passed, his impatience has finally taken over, resulting in all news, no matter if it is good or not eliciting a negative post.
As a holder since the company floated, my patience has also been sorely tried, but the difference is, I am not blinded to what are like todays RNS, 100% positive news with no downside.
Obviously we are all waiting for that sp rocketing RNS (or several), but lets take todays news for what it is and not attempt to put such into the bad or no news category.
Yet another on my ignore list.
BDfox,
Well put.
Like most I also expected the fuel crisis to boost companies such as AFC, but unfortunately in these insecure times, companies are very reluctant to invest for the future, even if they accept/believe that such investments are the best way forward.
Fear of further risk, re both the war in Ukraine escalating accompanied by the obvious decreasing world GDP (mainly China) is the main obstructing factor to investment.
Things will improve, perhaps getting worse before they do and that will have a positive and dramatic view on almost all stocks, especially those such as AFC which are part of the future of power technology providers.
Hi Cornishknocker,
I like Freo find the jargon difficult to understand, and I consider myself sufficient in such financial parlance to understand most financial meanings.
The basic you have rightly explained, but the RNS as a whole is confusing to say the least.
I think the shareholders have asked a lot more important questions than 'are the company still intending to grow by acquisition.'
The company should be updating us in many areas.
Hi Fireblade,
But the showing spread before you put in any deal, test or otherwise is far higher, which is often what punters look at, then due to seeing a higher spread do not bother to seek a quoted price.
Not posted for a while, but my thoughts (probably wrong) are that as MM's have to make a living, they obviously do so by increasing the spread when a companies shares have a low number of dealings, and shorten the spread when demand to deal goes up.
So looking at the demand over the last few trading days, to sell or/and buy, I can't see any reason to have such a large spread today other than they want to fill a big order.
This large spread is more likely holding buyers/sellers back, than MM's holding reporting on dealings back, which sometimes happens, but not often to any great extent.
As to whether that order is a buy or sell, I have no idea.
Time will obviously show if I am right or wrong.
Can anyone recommend a company for Level 2.
I presently have Level 2 with LSE, but more often than not my Stockwatch does not correlate to my portfolio, often showing a SP up on my stockwatch, but same company down in my portfolio.
Thanks.
Can anyone recommend a company for Level 2.
I presently have Level 2 with LSE, but more often than not my Stockwatch does not correlate to my portfolio, often showing a SP up on my stockwatch, but same company down in my portfolio.
Thanks.
Bad spelling/grammar do not always indicate low intelligence.
My spelling is atrocious (dyslexic) , but I am a member of Mensa with an IQ of 147/148.
Sooner read a post full of spelling and grammatical mistakes that has good content, than a nonsensical post that is correctly spelt with good grammar.
Once the users get used to Feedbacks technology, it will be like mobile phone use, IE likely to become a must have.
Until a better technology comes along which will probably take years, resulting in good returning/repeat revenue for Feedback.
Looks reasonable, although a not sp busting contractual amount, but I can't see and reason why over the next 12/18 months many other NHS Trusts won't also sign on the dotted line.
With a total of 219 NHS Trusts in total, at the same amount average per contract that's £21,900,000, with what must be a very high profit margin over cost.