Member Info for winchpete

OK , OK Pogo001 we get it! As someone who has stated they don't own any shares you seem to spend a lot of time commenting on the company's business model. You don't seem to be sharing your analysis on the EZJ board even though they would face the same issues. Maybe you are an ex Wizz Air employee or have another personal reason to dislike the company. Just give it a rest.

I suggest everything connected with the ammonia cracker will be part of an exclusive deal with the S&P 500 company. We are very much the junior partner in that deal and would have to agree to just about all they want.

The RNS announcing the deal was quite vague. Hopefully we will get more information with the half year results.

I agree. It created an impression he does'nt know what is going on in the business he is supposed to be leading.

Because of engine problems they probably don't have the aircraft to serve them anyway.

I don't think common sense comes into it. They will be relying on computer models. One day these will switch from hold to close. Then watch the fireworks!

The thing that concerns me and is what could be holding this back is the apparent funding issue next year. I have sold half in the last 10 days and doubled up in ITM.

The big question is, when will the short sellers finally lose their nerve?

What we are seeing is a classic shorter sellers tactic. Take a company with comparatively small number of shares and therefore small volumes. Suppress any recovery by selling more. PIs start to think the price will drop and they will lose money whatever happens and refuse to buy or sell for fear of further losses. It becomes a vicious circle. Only the BoD can break it by showing they have a grip on what is happening in the business. A refusal to provide forward guidance at the start of the most profitable quarter was an open invitation to the shorter sellers. Until then it is open season.

They must have forgotten to mention the cost of the AFC generator vs the standard diesel version. With the Volex deal, the two should be much more evenly priced next year.

I'm sure it was total coincidence the sp went up 25% yesterday with no news.

Yep. The 100K buys started around noon yesterday. I wrongly thought it was Helikon closing.

Looks like quite a few people got the news before we did.

Maybe a bear squeeze.

If you compare the lowest price this year, the percentage increase since and the cash balances of each company, AFC has done quite well.

IMHO ITM at current levels is for day traders and gamblers only. The idea the appointment of a new chairman next January increases the value of the company by more than 10% is insane.

Exactly. We need cash from somewhere to make it to 2027. We can also live in hope that the perennial testers, Acciona, might finally get the cheque book out.

If things go to plan, I doubt we will be shareholders 2 years from now. AFC will either have been taken private or, more likely, swallowed by the S&P 500 company.

I think Sparkey73 meant 25p in the past year.

Yesterday’s news, while very welcome, did not answer some fundamental questions that might have caused the sp to get stuck around 12p.

1. Apart from a highly dilutive placing at a discount of around 20-25%, how will the company have enough cash to survive into 2027?

2. Can the company deliver big cuts in production costs needed to make its equipment competitive with diesel generators?

Can anyone suggest why it is necessary to withhold the name of the S&P500 company.