Member Info for Southerhay

I first bought PHE shares back in 2011 for 15p per share! It was a very different company and technology back then - I wonder if we'll ever see that dizzy SP height again haha

https://petition.parliament.uk/petitions/242399

Bottom feeder. Keep your idiotic comments to yourself. You’re not an investor here so no need for you to post such drivel. You’re going on ignore in the morning. For what it’s worth, many of us PIs have been here for years. Our risk is significantly lower at this point than it was years ago when in fact we were far from being a commercial product and we saw an SP in the 70s. Additionally, we have many high net worth investors who remain invested. I’ll judge my investment by those large shareholders and the likes of DeNora being actively involved in the development of our fuel cells. Yes, our FCs, not yours- you have no vested interest in AFC !

Guys - we're all frustrated, we're all bored waiting for news of any kind. We can all have a go at attacking Adam Bond if that's what makes you feel better.

However, NONE of us know what's going behind the scenes. NONE of us know how well or badly Mr Bond or any of it's employees are performing.
I err on the side that the big investors would have pushed Mr Bond by now if they were dissatisfied with his performance. He's still in position.

Our hands are tied sadly and until we receive the next news, whenever that might be, then we have to sit and wait. I like everyone else looks on here at 7am in the hope that we get some positive news - I wish I could wake up knowing we have a signed contract and follow on contracts, but we're still in commercialisation phase.

you've totally contradicted yourself again... “... its not the type of company I want to be associated with.”

Of course it's a long term company - most of us PIs and major shareholders have been invested here up to 10 years ! AFC are on a long an difficult path to commercialisation. This is a complex solution that aims to lead the market in low cost, clean power generation. This isn't going to happen overnight and we are witness to this right now. The major shareholders are staying long - they clearly know more than us ! They clearly know more than yourself with due respect.

Bottom_feeder. You’ve totally contradicted yourself “... its not the type of company I want to be associated with.” yet it seems you’d invest at 3+pence. Which side of the fence are you really on?

Good layout for the posters this time. I am also concerned that AFC are not demonstrating to the world that we’re achieving longevity/efficiency/cost targets. Alkamonia project looks to be going well also so why not update via an RNS? What are afc playing at !!

Agreed BumbleB. Not a confident speaker but clearly knows his onions. I sense honesty and technical competence with Mr Ryan

Thanks to sharespost fo the PHE link below where PHE’s new CEO gives an overview of their business model. What stuck with me is that the Hydrogen economy is very much in its infancy and AFC is part of that. As a result, any projects that we get involved with are few and far between at this stage and it’s going to be difficult to get those early adopters on board. For that reason, it therefore becomes critical that our design needs to stand out from the crowd with longevity, efficiency and low cost being the determining factors. With DeNora’s invaluable assistance, we should be in a much stronger position I feel. A long road yet I suspect but with traction caused by climate change we will surely get there. https://www.powerhouseenergy.net/shares-investor-evenings-video-edinburgh-february-2019/

Hi DW - Nothing would surprise me from AFC anymore - CH2ARGE was left field as usual

You can't get much more stationary than a domestic boiler. No different to how they're proposing to use their CH2ARGE system, except fed from a gas pipe. In fact with solar roof panels topping up the battery if that sort of system was used.

If this happens and H2 can be transported directly and safely into homes, as natural gas is now, then this could be a massive market for AFC surely ? Why couldn't we have smaller AFC FCs in a box that replaces a conventional boiler, generating electricity onsite ? Then that get's you thinking why would you do that when you can have a larger set of FC Kores as a sub-station using the existing grid into homes. Either way, the potential for AFC FCs remains enormous?

I now concede - this looks downright awful with an SP at 4.53p.

Something is going on for sure - no huge sell-off as far as we can see, yet nothing to show that we're ready to take the world by storm. I'm very disappointed with current performance. I understand that Either DeNora want in at an incredibly low price (likely) or takeover (less likely) or folding (unlikely, as we'd have seen a fund raise long before now, unless the tech doesn't work at all, which we know is not the case).

I hope AFC BoD respect that there are many many PIs who have invested their hard earned cash in their business over that past 10 years or so and that we remain a part of their exciting journey.

What more can I say - I have nothing else but hope that this comes good and we can at least get back what we put into the company.

Useful post Jessel. Full of contradictions haha

B_F - what is the source of this information and what onsite micro-grid are you referring to ? Have a missed an RNS ?

Domino1 - I don't think I do unflinchingly support Mr Bond and the way he has been very optimistic in his positioning of AFCs commercial status. It seems our new chairman has curtailed this activity and I'm pleased that has happened. All companies need to raise money somehow - he's probably done an excellent job of getting us to part with our hard earned cash. I however still believe in AFCs product and its potential part to play in a more distributed methods of generating energy - you might have heard the CEO of Centrica this morning saying that this form of energy generation will become more prevalent especially now that coal fired units are decommissioned and nuclear is clearly becoming price prohibitive (not to mention the safety factors).

I continue to hope (yes hope) that AFC are extremely busy behind the scenes delivering on their goals and that the current silence is part of the difficult path to commercialisation - I don't see that slagging off individuals (who are accountable to their board of directors and their shareholders) serves any purpose at all and probably only serves to alienate us PIs even more.
I, like everyone else wants positive news - I want to see a return on my hard earned investment - that's why I'm invested here, as well as previously stated ethical reasons.

today... a massed attack on the board and oh, look the SP is miraculously down almost 10% ! Who's paying you guys ?

So, ” It will take several years of development.” We can’t afford to wait several years so either the tech has moved on significantly if AFC are in discussions or AFC or AFC will be useful to Joi as a partner as they move forward. Confused.com. :) Have a good weekend all

Courtesy of Kenny100 on the PHE board. Good Sky news article. AFC obviously has a part in this but from a different angle with its CH2ARGE application...

https://news.sky.com/video/toyota-revs-up-hydrogen-car-plans-11637290

A welcome and positive update from PHE. If a HoT is expected in the next quarter then this, to me, assumes delivery of the DMG unit is fairly imminent as prospective customer would need considerable time to monitor the DMG unit to ensure it is performing to spec. PHE will need time to test it thoroughly also. Any thoughts ?