Member Info for Scarpa50

I’ve googled ‘ammonia’ so many times over the last few months I have concerns about being on an intelligence service watch list.

Trev, I’ll bet all of my shares that you’ve an idea who is going to keep holding. I guess is depends on the frequency and size of orders, so if that’s going well I could conceivably be holding in another five years or so. It’s my favourite share but time will tell.

Daz9643, why don’t you sell? That’s two negative posts on a Monday morning to go with all the others.

I’ll give everyone a chance, but generally only one. I remember folks on here being ok with me, but I didn’t ask any questions and had already bought in having spent six months thinking about it. I’ve never criticised the company though as I don’t see any need to.

nuri123a, it’s closer to 60 million in cash but no-one is forcing you. If you don’t like what you see then that’s ok. All stock of this nature comes with an inflated price tag to some degree so you’ve a choice:
1. Buy now.
2. Wait and see if the price dips to a level you see as reasonable.

nuri123a,
We have money in the bank and hiring staff in anticipation of orders. Partnerships with significant leaders in their field. Low cash burn, although this will increase. Charging the Extreme E series cars.
On the downside; we’re awaiting a significant order. Please note: We are all acutely aware of this last point. Buy, don’t buy, your choice but please don’t plague the bb if it’s not an investment you’re interested in. There you go, I’ve been relatively pleasant.

Tiger,
I strongly believe that the FCA’s ‘shareholder’ comment is aimed squarely at the BOD and their LTIP, not the casual shareholder. This is about public perception and the FCA want to walk out having made a gain in court.
Regarding their non-attendance.
1. Counsel are the representative of the FCA and Amigo, and are the only ones who can speak in court.
2. I presume the FCA sent a representative to the initial hearing (happy to be corrected) but won’t attend next week. This suggests they are either extremely confident with their opposition case, or they feel it’s pointless going. I see it as weakness and an acceptance of the inevitable. If I was in that position, with even the slightest chance of victory, I’d send a rep in case anything required clarification on the day. I’m pretty sure Amigo will have someone present.
I’m in the ‘we’re going to win’ camp.

Aimhammer/Staggers, thank you.

I’ve Bloomberg on Sky only, so nothing I can search. Sounds positive and I’m more than ok to read your posts if you see things of relevance. We’re all patiently awaiting news and I’m sure someone else will try to corroborate your info. Sounding positive though.

I’m not bothered about the level of a posters participation in discussion, but I do care about the quality of the information given. Not a criticism; it’s simply that this would be big news for AFC and probably/definitely RNS worthy already, even without numbers.

Now showing.

I reported his posts as disruptive on Tuesday. Don’t know if that’s why they were removed or how long that process takes. Glad he’s gone though

If an offer is to be tabled (which I doubt) it’s in all of our interests to hold. I’d like to see the minimum offer price higher than 30p, which means that any realistic offer would need to be much higher. All in this together folks.

I’m fortunately in the position that sitting on a loss atm isn’t a major concern. Prevailing economic conditions can impact share prices both positively and negatively and can change within days. I accept that things won’t change overnight, that things take time, and sometimes the best things are worth waiting for. I can only reiterate what I’ve said before; patience is key and trust your instincts. If doing the latter means selling, that’s fine; but for me it means buying and holding. Use your head, but go with your gut. Not intended as a criticism or a ramp, it’s just my opinion. Some larger companies have revenue but they also have debt and numerous competitors in a soon to be crowded marketplace. AFC have the cash and the product but little revenue, so it boils down to whether you believe in the product being good enough to sell at scale. I do.

Jealous because he has some?

I didn’t really believe in SP manipulation by MM’s but I’ve seen it all now. Massively overdone drop on expected news, whilst ignoring the huge positive.

Two things worth keeping in mind.
1. If you were a competitor, would you be concerned about AFC products? I think it’s a ‘yes’.
2. We have a lot of cash in the bank. Cash burn is going to increase but we’re not going to get through £60 million before orders come in.
If I had to pick a stock to be in atm, it’s this one.

Garonne, it’ll all come good. It drops, it picks up again and I’ve learnt to live with it. My head tells me it’s a buy and so I keep accumulating at the best prices I can get. The sector is taking a pasting but that can’t continue so just keep telling yourself you’re in at the right time. One decent order changes everything and your patience will be rewarded.

I’m in for a touch over £100k. Averaged up, down and bought again last week. Will consider buying more in June. I’m not too bothered about setting a target although if I can double my money I’d be happy. 20% increase is what I’d normally aim for, but I’m holding this for at least three to five years if things are going well. The green revolution hasn’t even begun yet.

I was going to write a pretty long response to Ratty, but he’s not worth the effort, and truthfully, I’d just like to poke him in the eye with fork.