RE: Ariel photos14 Nov 2021 08:21
I still think he has a plan. Acciona Q4, Jullich Q4, system developments Q4. He is either buying himself time or it’s heavily and intentionally back loaded. The order book announcements are also due H2 and he was hardly going to say Q4 back in June as this would have annoyed pi’s.
As frustrating as it may be, there’s no bad news atm so it’s got to be a buy/hold for me. News this year is a must and I don’t think AB is stupid enough to talk of fifty plus enquiries and use the term ‘order book’ in the same sentence if it was all fluff.
I hold PHE and EQT which have both been troublesome, but are now turning the corner and have tremendous upside potential just like AFC.
Lack of news is annoying at times but AB knows his job is on the line here and a failure to deliver will cost him. ABB are still onboard and the lack of updates clearly wasn’t a problem for our latest partner during COP26. As I’ve mentioned previously; I’m not a shareholder who’s been in for years with a 10p average and sitting on a tidy profit. I’ve been in for eighteen months and ridden out every peak and trough, buying at different levels, with a 56p average and a tidy sum invested. No guarantees with this company, but sometimes you need to look back at what has been achieved and cut the company some slack.