Member Info for Rooky

50% appears a huge take of any no win no fee agreement.

The biggest percentage of such agreements I have come across is 40%, and the larger the potential win in value often leads to a lower percentage take of monies awarded, so I doubt with such a potentially large amount to be gained (or lost of course) the take would more likely be 25% or less.

Some might know different, but it looks to me like the 50% figures was pulled out of thin air.

Although the value of my holdings in PHE are well down from last Friday, my confidence is higher than it was when the week began.

This is all down to articles read or heard throughout the week, nothing more, nothing less.

It is looking like the government is considering pumping several billion pounds into what is being termed shovel ready projects, as one of the ways of getting the economy going again, whilst at the same time looking at cleaner renewable energy projects.

Data from Glenigan, analyst from the construction industry, have shown that 48 projects are being looked at by The Secretary of State, where planning permission has been secured, and can be completed within The Secretary of states timeline.

A third of these products are in renewable energy, with the Protos Energy from waste facility Chester, being one a the few named.

With today's SP drop currently 7% down could be a good time to top up.

Unfortunately I am in as deep as I feel comfortable with, in PHE, plus no spare cash.

Next few weeks will be exciting for PHE, one way or another.

Lets all hope so Stokey, fingers and everything else crossed.

Will be hoping the mini budget expected within the next few weeks will give PHE a boost.

For year 2222 read 2022, I doubt many of us will care to wait 202 more years.

I live in East Yorkshire, not quite in the wild west, but still several miles from a EV charging point.

I could of course have a home charger, but knowing that EV's are improving every year whilst prices are dropping, I will not yet change over to an EV.

I tend to change my vehicles at a certain age, mileage and that puts me at a new vehicle in 2222.

Another reason why I don't own a EV, is that like many on here, i am waiting for a hydrogen fuelled EV, which I am certain will be far more common by 2222, and of more benefit and practical.

i think we all accept that the cart has been put before the horse regarding EV cars and the EV charging system, but in order to put EV chargers out there will take money and as yet, there are not many buyers for these charges.

I have spoke to a couple of early EV owners, including one who has driven one for about 10 years, the other for 12, both stating how much they loved the conception, but both also stating that they wished they had waited a few more years before buying an EV.
I must add that neither of these owners have had any mechanical or electrical problems, and both are on their second EV's

I feel we are now on the cusp of a massive shift to EV's.
Hopefully the mini budget expected in the next few weeks, will put a substantial amount of money into a push for EV charging units, plus grants for EV purchases, coupled with company tax incentives.

Ev manufacturers, already accept that this is their future, either join the club, or get left behind.

In around 5 to 6 years, all the above will IMHO put fossil fuelled vehicles in the position that EV's are now, in the minority.

At present my feelings for both EV's and the systems they use, pure electric or via hydrogen fuel cells are 100% positive, my confidence level regarding AFC is purely down to the capabilities of AB to sell the system.

Jury still out, but will be staying invested at least till year end.

We often see late reported trades that are buys reported as sells, and visa versa, but today's late reported trade is definitely a buy as someone bought £59K worth at over the ask price.

That is quite a decent amount of cash.

Amazon, one of the largest companies in the world, also Netflix an up and coming mega billion pound company as well as many others, know the power of offering a free trial.

Many Amazon customers I know, have signed up to the full subscription after a months trial on their prime platform, some after several free month trials. This is far more than those who sign up without such a freebie.

A similar strategy of first 3 months free, not paying till after that period.

Do your own research amongst your friends, acquaintances.

It works because they are tapping in to human psychology, of being tempting to buy by use of a sample gift, that is then taken away.

It is one of the best selling strategies there is.

I think that for Feedback to do this during the Covid19 situation, was a brilliant move.

Time of course will tell.

My son works in IT as a tester, IE his job it to try to break any of his companies computer systems/programs.

I have explained as best I can this companies technology (I am to IT what Pavarotti was to ballet dancing)and although he like most testers believes that no system can't be cracked, he agrees with the companies belief that it is the most secure system out there.

That is the main reason I invested in Eckoh.

Hi Bootsox,

My post was not a criticism of the lower % profit, although it could have looked that way.

Not my best day for wording posts.

Please read to the end, as I assure you it is relevant to AFC.

From 1979 to 1984 I was a member of a certain diving unit.

Our underwater comms was by means of a head office approved system, which was so useless we kept it on a shelf and after its initial use was never used again.

With a part of yearly monies which we were allowed to spend on our own chosen equipment, we purchased a cheaper and far better system, all credited and safety approved.

When we asked head office why they had gone for the first system, we were informed it was because that system had been looked at and had been home office approved, whereas they had never heard of the system we had purchased.

Whilst all underwater divers had heard of the head office purchased system (in all diving related publications), only a few had heard of the better separately bought system due to lack of being put out there.

Whilst I accept that road shows and the like are a good method of advertising AFC products, they should hammer it to death via social media which via pressure from the 'green lobby', plus others would surely get people talking and therefore generate more interest.

Fully Agree ooglefrugal,

Not as much % improvement during the last financial year as the previous year, but what some don't see is that the years % was on a higher figure than the previous years total.

No doubt as most contracts are as the company states, long term there will be many companies who are reluctant to sign such contracts until they have a better idea of where the Covid19 situation will leave them.

So in my opinion, I feel the next 6 months will be a steady as she goes, with the final 6 months picking up at a faster speed.

Also, although they have loans, they are at a small % of revenue, at low interest rates, plus a very healthy balance sheet, just the opposite of many companies in the current climate.

The sp should open higher and stay that way, but as we all know, the markets often move in contrary ways to actual evidence.

Quite happy with the split, between the open offer and placing, as the open offer is a small percentage of the placing, so money in bank fairly quickly.

At least the private investor is not being cut out completely.

As with most such offers, especially with the company heading for double its present share total, I expect the sp to fall today.

But having read the full reasons why the offer/placing, to me it looks like they need the money purely to finance a big push for contracts and the reaching out well beyond its current boundaries for increased sales.

Reading between the lines, I feel that customers are knocking on the companies door, manly as many have seen for free the benefits of Bleeper and having now to decide to either stop using, or start paying for a technology they presumably don't want to do without.

The next few months will tell.

Not good enough.

Ben White reduced his holdings on 01/06/20 and yet only notified the company on the 11th.

This should be looked at my the LSE, but of course being an AIM share it wont be.,

Fuelcellinvestor,

About a month ago i bought some share in a company, not AFC, through my broker and was surprised when they were not bought through the LSE, but on a foreign market.

On enquiring, I found that my broker got a better price at buy, by not going through the LSE.

Presumably that also could apply to AFC shares.

The hold up often in any acquisition is often corporate lawyers taking their time so they can increase their charges.

My son worked in a company that carried out every trick in the book (and some not even in the book) to inflate their costings (all legal of course) eventually leaving a well paid job due to having far higher morals than the company required.

Of course in no way whatsoever am I insinuating that this is occurring in the case of PHE and W2T.

As part of my 26 year career as a road accident/incident investigator, I attended at least 5 car fires that were classed as spontaneous IE none related to accident collision, all pre electric vehicles as I retired in 2003.
This was all in the area of the County of East Yorkshire and South Lincolnshire.
As a unit of approx ten other such investigators, that presumably would work out at a tenth of all such incidents, so at least 50 so such fires in total, averaging out at 2 per year.

Obviously the total of such incidents over the UK would be in the hundreds, over those 26 years.

As electric cars are the future, along with hydrogen electric fuelled vehicles, a single incident of such a vehicle catching fire is news, whereas a petrol fuelled vehicle catching fire is not news, unless of course it is a series of vehicle makes/models.

Of course any vehicle fire, is serious and has to be investigated, I post the above in order to quell any worries that electric powered vehicles are on current evidence are no more likely to catch fire than the more common forms of fuel powered vehicles.

Just to clarify my last post. On researching this company early June, it was the Bleeper tech that caught my interest.

So accepting that this company is not a complete start up, as to the Bleeper being bought out last year, might just be their main profit gaining product.

Great interview by the way, especially as questions were put by interested parties, who presumably know what tech would be beneficial to themselves and others in the medical world.

It is very obvious to me, that this company is well off the radar of most investors, otherwise yesterdays news (good find Elartu) would have moved the sp more upward.. Also shows this lack of notice re today's static sp.

Almost all my shares are of the AIM type, and I nearly always get on board early, with the usual dips down that is a common reaction to smaller start ups.

Delays in my shares making any sort of profits are usual, with those that do make gains, usually taking several years.

Regarding the CE mark and the increased interest in the companies product, plus of course the increasing interest that is concurring due to Covid19, plus what will follow in ever increasing use of technology, I am very confident that my investment in this company, will turn out very profitable.

I am now watching out for institutional investors, that do look at AIM companies to start taking positions, that will be the real boost that sets of the sp.

My wife has more logic than AIM, and that's saying something.