Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
The stock on the list with the most potential is AFC Energy
AFC
1.39%
, which Peel Hunt sees accelerating to 125p as a new joint venture with Speedy Hire leads to a material number of hydrogen-powered generators being deployed around the UK. It said: “2023 was a significant year for AFC Energy in preparing products for volume manufacturing and creating tangible routes to market.
“In 2024, we expect rapid expansion of product deployment, new commercial relationships and growing orders. Commercialisation has commenced.”
So we will see!
I
This small-cap stock rocketed almost 400% in just a few months at the end of 2020. It's fallen back sharply since, but independent analyst Alistair Strang thinks the shares may be worth watching again.
AFC Energy
AFC
0.46%
appear to be doing solid work in the hydrogen fuel cell department, if their website is to be believed. Of all the green initiatives, anything which involves hydrogen, regarded as the most abundant element in the universe, deserves close attention.
Since 2009, AFC’s share price has enjoyed a rollercoaster ride, lots of false starts and sharp reversals tending to indicate they’ve been the focus of internet chatroom ‘enhanced optimism’ campaigns.
Even the recent surge to 92p in 2020 appears to be suffering the usual payback, the price currently at 26p and making us question whether the recent slip down to 19p shall be regarded as “bottom”. We certainly hope so as the only drop target we can now calculate below 19p is prefaced with a minus sign!
Our suspicion is the price has bottomed on the current cycle, making us think 28.5p can be viewed as a potential trigger, one which, if bettered, allows for gains in the direction of a near term 33p. In the event 33p is exceeded, our secondary calculates at 38p, returning the price above a prior, argumentative, uptrend.
Past performance is not a guide to future performance.
Thanks to AFC’s historical shenanigans, there are now some fascinating potentials we can give should 38p be exceeded sometime in the future.
Why reading charts can help you become a better investor
We could tie ourselves in knots trying to explain a stream of different numbers but, essentially, with closure above 38p, the share price makes a careful step into territory where a phase of growth to a future 115p calculates as possible, a new all-time high.
If we judge by the emails received, it appears a few folk think “something” is happening with AFC and, as a result, it’s probably worth keeping an eye on them.
This small-cap stock rocketed almost 400% in just a few months at the end of 2020. It's fallen back sharply since, but independent analyst Alistair Strang thinks the shares may be worth watching again.
AFC Energy
AFC
0.46%
appear to be doing solid work in the hydrogen fuel cell department, if their website is to be believed. Of all the green initiatives, anything which involves hydrogen, regarded as the most abundant element in the universe, deserves close attention.
Since 2009, AFC’s share price has enjoyed a rollercoaster ride, lots of false starts and sharp reversals tending to indicate they’ve been the focus of internet chatroom ‘enhanced optimism’ campaigns.
Even the recent surge to 92p in 2020 appears to be suffering the usual payback, the price currently at 26p and making us question whether the recent slip down to 19p shall be regarded as “bottom”. We certainly hope so as the only drop target we can now calculate below 19p is prefaced with a minus sign!
https://media-prod.ii.co.uk/s3fs-public/2021-02/hydrogen.jpg
That is a sound performance, this SP should respond!
Flamin nora!! it's been a long time since this share has shown signs of life, "Here's hoping"...
I have Jimmy Smith's "TheCat" playing on my record deck.. the sun is shining, and now someone telling jokes what a great morning.. Your Ferrari AND your Lamdo wowww!!
That is also my interest Mister.E, they will not build a listed company on cheap masks.
RMS.....
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