Member Info for Southerhay

Hi Daz9643

I think your observations re the sales guys, is worth highlighting. You're not wrong that most people will update their profiles to state who they are now working for - I certainly do when I move contract roles with new organisations. You would also think this would be more prevalent with Sales people who tend to be very competitive and are more likely to want to "advertise" their current projects and associations. Do these guys have a website ? If not, why not ?
I am worried that AFC are sporadically making the right noises to us as investors (i.e. stating manufacturing partnerships, robot, sales etc) but there is a hidden agenda that will leave us with nothing after all these years of supporting them. It's just a feeling as nothing would surprise me anymore with AFC - we need complete transparency!

I do however look forward to this quarter with much anticipation - AFC have placed a lot of emphasis on Q4 2019 and I really do hope they start producing the goods that will truly see us as a commercial outfit with a clear route to markets and contracts signed for production order(s).

GLA

What can I say...Dire !

So, we still have a seller.
Does this coincide with some of the negative posts today (the cynic in me) ? :D

I think this remains very positive for AFC that he wishes to remain invested but without the governance required for 3% or more. Exciting Q4 ahead!

Next to the EV Theatre, so that's good !

Multi Source Power website is pretty much non-existent but you can download a brochure. What is it with companies these days - everyone these days looks at a website to get an initial view of a company - a brochure only offering is a bit 20th Century !

http://www.multisourcepower.com/

Private Ltd Company registered June 2016

Great news we are showcasing our technology at long last ! Very positive indeed and surely shows the world we are open for business.

Erm… Multi Source Power... "is a key partner"..... have I missed something here ? Never heard of them mentioned before by AFC ?

https://www.proactiveinvestors.co.uk/companies/news/901718/de-nora-partnership-for-afc-energy-901718.html

For anyone like me who hadn't seen this already

I find that impossible to believe that a prospective chairman wouldn't know what an ESCO was ! They would surely have discussed this at the interview, as ESCO was always the original model for the company. Yes, things have clearly moved on in recent times but... ! :-O

hi Littlebricks - did you mean 4 years ? Let's not shift the immediate goal posts ! :)

Great news that this RNS has come so closely on the back of the earlier RNS this week. Fantastic of course that De Nora are now very bullish about AFCs tech and we have he potential to be the best (efficiency, longevity & cost) in the market. As manufacturers of our electrodes they can clearly see future profit for themselves with multiple orders coming through. They have already invested heavily in AFC via the JDA so this extension is clearly worth their continued investment. My only reservation is in line with iWantThatOne in as much as I was hoping we'd see confirmation of 4 years longevity in the coming quarter - we may get this of course but it's not clear, which is understandable.
We've seen the EV Charger mentioned a lot recently - I suspect this is where initial orders may stem from as units will be small and scaleable for a steady rollout if we are to address load on the grid. For that to happen of course, we need cheap hydrogen to fulfil ?

So was the late trade a buy or a sell yesterday ?
And an early buy of 10 shares - really ?

tomtastic - I'm not sure I see what Adam Bond's salary has to do with the RNS, which is specifically around electrode longevity? AFC have clearly had to invest a lot of time, money and effort in order to change the design of the Fuel cell to get to a position where we're approaching 4 year longevity. Adam Bond has forged the relationship with De Nora and that has clearly paid dividends to get us to this positive position.
For anyone listening to Radio 4 this morning, would have been encouraged by the head of L&G who stated that this country has the potential for massive investment in companies (such as AFC Energy) rather than talking ourselves down into a recession which would be needless as there are so many positives out there. Get behind AFC or get out - it's simple. Negative posts like yours, at this critical stage, are divisive and unnecessarily negative regarding this thread. Why can't people give credit where it's due. Start a different post if you want to attack ABs salary.

Very positive news indeed. It's good to know things are finally on track for 4 year longevity. I am also buoyed by the fact De Nora are assigning "Best Available Technology" and quickly publicising this on their website. This to me is a clear indication of their confidence going forward, as their reputation will take a hammering if they were to get this wrong ! The fact also that they are now gearing up their manufacturing operations to support any incoming sales is also a strong validation of the tech. If this continues on track, as clearly expected, it looks like Q4 could very well be the turning point we've long awaited. I'm not getting overly excited yet, but this is a very positive step in my opinion - well done AFC !

Hi Lucky520 - I'm not a scientist but it's a standard way of projecting whether a desired target will be reached based on the facts /results they have to-date. Otherwise we'd actually have to wait 4 years - which we obviously can't afford to do.

Trains are being electrified, more and more cars will be using batteries so grid demand will rise exponentially. Having a standalone hydrogen proposition will be desirable going forward in my opinion

I consider myself to be a straightforward investor. When I originally came across AFC Energy, I saw good potential (and still do after all these years). I want to see my investment make a decent return within my SIPP and ISA. I also wanted to invest in a company with green credentials where reducing carbon output will benefit the planet, and this need is becoming ever more evident as climate change accelerates.
I agree with a lot of the sentiment around comms/PR but I am definitely not here to profit by talking the company down. The cynic in me sees yesterday's fall ( I know markets are volatile anyway at the moment) and you see a trade at 4:32 for 200k shares. Hey presto, today the SP has recovered 10%.

I am all for us PIs getting together as a cohesive unit if we feel that AFC will respond accordingly. However, I also do not want to hinder the commercialisation process as we approach Q4. So, when would be a good moment during Q4 to make a stance... mid-November ?

Have you listened to yourselves ! AFC are damned if they do and damned if they don't ! Now that we appear, at long last, ready to start sales of our long awaited fuel cells, would you expect them to sit back and do no PR when all along we've been crying out for more PR. Yes we should have a fantastic website and I would definitely expected them to get this in place PDQ but wouldn't you prefer them to get real people, who know the industry and who have many world-wide contacts to get out there, in the field, looking potential customers in the eye ?

Get a grip everyone, AFC appear to have pulled back from the brink with a small team, so I see this as a much needed step in the commercialisation process to step up marketing of our multi-use Fuel Cells and, notably, at a critical time when demand for electricity is set to rise exponentially.
Talk me down all you want but we are all on the outside and have no clue of what's really going on behind the scenes. No different to ANY other company.

I should have added.. There will be riot from investors large and small if Q4 is not the watershed moment we are now expecting .....unless we are kept fully informed of progress.

I think we're all agreeing that based on recent updates from the company, Q4 is crunch point. A lot is clearly happening behind the scenes to enable mass manufacturing to begin - this is all very exciting.
If this is the case, one would hope that there are potential contracts for orders waiting for a Go position from AFC, clearly stating we're open of business and have achieved the necessary longevity to satisfy warrantee.
There will be riot from investors large and small if Q4 is not the watershed moment we are now expecting.