Daz, I read your posts and most of the time it seems as though we’re invested in two completely different companies. I cannot understand why you’re complaining. Furthermore, ammonia is about as important as it can get in the construction and maritime industry, so if you haven’t grasped this by now then there’s no hope.
I know of two people who bought in the 80p range and both are still in. One is in for over £250k which is a reasonable sum and she is still ok sitting on her loss with a five year plan to hold. Occasionally trades but hasn’t with this, ITM or EQT. Her strategy is to research, buy and hold with a view to buying more up to 100p or once orders are announced. Never stresses, barely looks at the SP and always sells when it feels right, even if the price could rise. Not a ramp but her view is that this year will be good, and next year even better.
Whilst I may not be a fan of the Protech09 way of talking up the share price without evidence; he/she is possibly correct. If orders are forthcoming, which we seem to think is the case, the SP could be £3 or even higher. I’m not fussed either way but there were several posters on this bb for the 2021 end of year price which dwarfed my £1.90 guesstimate. Prospective investors want to see orders and growth, at which point there’ll be increased buying activity which prices in some of the future potential of AFC. It’s a guess as to when that might happen but I wouldn’t be surprised to see an ITM like surge before things calm down.
Sonofagun, Ordinarily I’d be happy to walk away with that profit as I buy quite heavily to begin with, but with the hydrogen economy only in its infancy I’ll probably hold for another couple of years if there’s a growing order book. It’s only profit when you actually take it but things are looking pretty good at the moment :-)
Might see a nice little bump up this afternoon to preempt an RNS next week. With ABB talking about supplying four mobile charging units we can’t be too far away from good news. I’ve convinced myself that news will arrive later in the year so I don’t get too carried away, but in reality it could land at any time; with a possibility of 50 it could get quite interesting. Sticking with my guess of £1.90 by NYE but I’ll be buying presents for Father Christmas if it’s higher. We’ll win orders and lose some, but others will undoubtedly come out of the blue and it’ll be interesting to see which sector of business takes off first.
A little bit of research clearly shows why AFC are a worthwhile investment. Companies producing Hydrogen - Many. Companies offering hydrogen fuel cells - quite a few. Companies producing Ammonia which is cheaper - Many. Companies producing green ammonia - fewer Companies with a fuel cell which can use ammonia - very few. It’s not rocket science (ok, it once was) but these are the only things you need to keep in mind if you’re questioning AFC.
Ogggs, whilst I agree with most of your posts (not that it’ll bother you; you’re not the type who cares what people think) there’s a lot more to Glastonbury that a few New age types listening to music. It’s also a thriving business community attended by numerous heads of business who invite clients to enjoy the atmosphere. This is an area I have some knowledge of. Comments in the wrong thread……..soooooo sorry!
Another thing (then I’ll shut up) The RNS states that some of the 50 possible orders on the books could lead to multiple unit purchases. Does this mean they’re no longer dismissing single unit orders? My comment about this the other day was purely suggesting that selling or providing some single units if it’s positive spin for AFC is not a bad thing, specifically the Eden Project. Just a thought, but other conservation agencies will be interested further down the line. Greenpeace and Sea Shepherd spring to mind.
To call them an official charging partner is misleading. Yes, they are a partner and have a role to play in getting the power from the AFC unit to the car; but the announcement the other day does suggest that their role is crucial, which I don’t believe. AFC could have provided this hookup as could any number of companies. This looks like more like demonstrating their green credentials by association. It’s no bad thing to have bigger players involved but the press release understandably raises questions. I’m confident we’ll not only retain our position in ExE but will almost certainly charge the new powerboat series, and the St Helena.
I’ve read the results three times. 1: If you’re an investor, don’t sell. 2: There are further sectors which the company hadn’t considered for deployment of its tech, but now is. 3: My absolute honest held belief is that the re-rate will be quick and significant. This company is professional and understands the market very well. 4: It is ahead of the competition by 12 to 18 months. 5: Ignore SP dips (some of you were getting a bit antsy last week) 6: Patience is King. 7: If I could buy more I would.
Patience is key. A while ago I mentioned a friend who was involved in something which I thought was an AFC contract. He wouldn’t tell me anything but asked whether I held shares. Honestly, the chat was short and he didn’t tell me anything other than to ‘hold them and wait.’ Try not to stress.