Member Info for Scarpa50

Adam Bond has decided to have a hardwood floor in his office. The board acknowledge that some shareholders may be disappointed with the decision, but accept that although it will cost more, it will last three times longer.
AFC would also like to announce that Adam Bond ate a ham sandwich for lunch. The board acknowledge that this is a bold move because Tuesday is cheese day.
He is also wearing white pants.

Senegal could also build the city of Akon. Wouldn’t hang my hat on that but you never know.

Daz,
Simply put, you have FOMO. If you truly believe what you say, then sell. You won’t though because it’ll annoy the hell out of you if miss the boat. Six years, ten years…….that’s nothing when you’re invested in new tech. If I’m wrong and it all comes to nothing, so be it.

I agree in part; it is time that we saw some orders coming in, but some of your frustrations (if you’re a LTH) are due to being invested for a long time. It could be argued that you got in too early but that allowed a cheap and plentiful buy-in. I came on board just over a year ago and I think my timing was about right. I’m not trying to dismiss concerns and I factored in a slow uptake of the system, but I remain positive in the long term.
Twenty years ago I bought a lot of shares for peanuts in Oxford Biomedica and today they are over £10, but I never sold a single one and my patience was rewarded. If you’re frustrated about the lack of progress then we seem to be looking at different companies. The AFC I’m invested in are doing ok. No-one is stopping you from selling.

Maninshed,
I still think there are people considering placing an order who for numerous reasons don’t want to go first. Undoubtedly it’s great tech, but it’s also new and effectively undergoing a field test/validation/showcase to the world in ExE. They don’t just want to know it works, but also that it’s robust and doesn’t require a team of engineers on site at each deployment. Obviously AFC have staff on hand at the race and that’s to be expected, but they can’t provide that level of oversight with each sale. In that regard, Covid could buy us the time we need to fully test in extreme conditions whilst we scale up for increased manufacture. AFC is asking customers to buy a new green hi-tech piece of kit, instead of a dirty generator which can, but doesn’t often break down. Customers will need convincing and it’ll take a while, but I expect that when one jumps in, others will follow.

MPO818,
If you worked for me I think I’d sack you. You’re so miserable!

It’s tight and there’ll be crashes.

1. It’s up to the magazines what they put into print. I doubt the readership are AFC’s target customer.
2. The SP looks ok to me.
3. The AFC branding on the containers is pretty clear and would be lost if coloured, which is probably why they chose black. Again I’m not convinced that our customers are the average race spectator, so the advertising is unnecessary. Company bosses who might/will invest could be watching, but only to see that the tech performs as it should. Just my view, but I think those who need or should know, already do.

Has posted a nice little video of the AFC solar panels catching those golden rays. On fb if you want to take a look.

Maybe we should all welcome new contributors to the board instead of knocking them; it matters not to me if their holding is large or small. We’ve no idea what experience or insight that person may have and can only be a good thing. Obviously that doesn’t apply to Edyellowratface, but he’s usually sussed pretty quickly.

Daz, I’m not trying to gloss over any negatives and I did pick up on the Southern oil announcement before I invested, but decided to go ahead anyway. I still see AFC as almost two different companies (pre and post 2020) and it’s all to play for, but tbh I don’t have an answer regarding that particular deal. Either they cancelled or AFC couldn’t deliver……who knows? Patience is still the key here, whether you’ve been in for ten years or ten months. I’m looking for steady progression and that’s what I’ve seen since jumping in, so I watch and hold.

Daz, if you’re holding then you must believe they will, otherwise what’s the point?

Some chat on Bloomberg this morning about ii’s needing to ditch their tried and tested investments and move to green tech if they want to be around in twenty years.

drew68, I’m pretty sure you can fight your own battles on here; but for the sake of balance, I too looked through your posting history and can’t see anything wrong.

Garonne, an order would be great but I’m not expecting much until we’re into H2.

If GJ lied, it’s bad. If he didn’t, it’s still bad. Not over yet but certainly not looking good. It’s all a bit of a mess and will take a while to resolve.

jhonboy, possible I guess and it crossed my mind too, but I’ve been too busy to look into it. It does seem a bit daft to take an enormous battery without the means to recharge it; unless they plan to do it dockside between races?

Worth looking at fb AFC shareholder page. Abu Dhabi green ammonia production facility. I can’t seem to get the link to work.

Zenobe (just remembered)
Most articles state they’re ‘helping’ to power the garages and paddock infrastructure. Whether AFC are also ‘helping’ is something we’ll hopefully discover.

I read somewhere that the big battery thing which was shipped over is going to power the paddock. I forget the name of the company.