todays movements Is everyone ready with their pennies for the next placing?
todays movements AFC are a total joke … Adam Bond is unable to move this company forward to substantial contracts and spins more yarn than a 17th century factory worker
todays movements Hi Rip, You must have heard something about trying to catch falling knives. For me the buy price will be 1p if it gets there.
todays movements AFC… XXXXX Another top up for me @ 5.5p
Kick in the teeth How is it possible that the sp is at this level when we are supposed to be on the cusp of great things? One contract and the year end fast approaching. Perhaps yet another egg is making its way onto ABs face after ‘3 contracts by the end of the year’ is starting to look like a pile of croc. I think I may have answered my own question.
Low,Low price Indeed, BAL1969, I had a feeling I was getting something wrong as I was typing that, hence the caveats about my memory etc. Yes,of course, I was thinking that this was a sizeable way to fulfilling the 1Mw product that they had talked about, which it is … but against the target of 1Gw, even if that includes installations and future orders, hindsight now shows us that was so over-ambitious as to be laughable … or it would be if we didn’t all have money behind AFC making at least a dent in the target. Having taken a little punt on AFC pulling something out of the bag before the end of the year, I’m still concerned to know why they can’t be more exact about the size/output of this installation. Presumably it is down to it being of a size not previously attempted and the fine tuning of control software, purity of hydrogen and a number of other things. Still, the parameters given, 200-400Kw, suggest that AFC have hardly got this down to a fine science just yet which in turn suggests that despite this being touted as a commercial contract there is likely to be an amount of discount built in on the understanding that this is, in fact, somewhat experimental. (That could also indicate that a 1Mw ‘off-the-shelf’ product is still pretty far from being a reality, I would suggest). That’s OK, many of us were shouting for them to take the plunge long before this and they have to start somewhere. The trouble comes that the financial details are undisclosed but at some point revenues such as the initial deposit already paid are going to show up in trading statements or certainly in the company accounts. If there are discounts built in and the amounts remain undisclosed, ‘forensic investors’ looking over the figures to try and get an idea of how much revenue each installation might generate are likely to come up with a low-ball figure which is NOT going to help propel the share price at that point. Hopefully, by the time such figures are published, there will be other orders at least in the pipeline if not already being installed and AFC will be able to give more open guidance as to revenue potential from each one.
Low,Low price On the RNS it says 200 to 400 kw which is a drop in the ocean. 1 GW is a thousand Mega Watts and a thousand Kw is 1 Mega watt. At the top end of 400 kw that represents 0.04% which is miniscule. Hence the market not being particularly impressed. We need that Dubai MOU to be taken up to make any sort of impact.
QNL due Try opening up a comment or two on your shares of interest, prior, especially if there is any specific news to report or even just your hopes for where you see the stock heading. You might be surprised who responds. There are a lot of new people on BARCPLUS , many of whom haven’t posted and may be waiting for someone else to make the first move. You never know and you’ve nothing but a few minutes to lose. I don’t think we need encourage posters about SLE, mind. I very much regret what has happened to the ii boards. I don’t mind admitting that I found them very useful (even though more than half my investments had zero comments beyond my own on the company board) and miss the thoughts of other posters as I contemplate what to do with my portfolio. I think UK private investors have lost a great resource, imperfect though it was. BARCPLUS doesn’t replace that and was never meant to, but it may come to do so to an extent on some shares given a handful of posters willing to share.
QNL due The comment referred to is my buying today @6.75p in the hope that the promised news on the commercial contract along with interim results which should reveal something about the scale of the contract, hopefully, and perhaps other announcements too, may get a little momentum going behind the share price. It is a high risk gamble, but @6.75p a return to the placement price of @10p would allow the booking of a significant return. A successful installation involving the commercial contract could be the one thing we all wanted to see in the past, a working demonstration of what AFC have to offer which it can hold up as an example to all those other potential customers with high energy costs, surplus by-product hydrogen and a yen to sell themselves as greener than people think. That would be the long-term thinking. I’m far more likely to book a 30%-50% profit should I see one though, if I’m being honest.
QNL due R94, Will only get better the more people join. I’ve tried looking for conversations on a few of mine and can’t find any but I’ll keep visiting and commenting when I feel appropriate and see how it goes. It certainly deserves a bit more than a one line criticism. Good luck. TP
QNL due AFC… XXXX The comment on this share not useful on barcplus.
QNL due Hi Hardboy, May I suggest opening an account on [link] where you will find a lot of friendly comment, banter and familiar names. Its only a small community but where there are two or more people interested in the same share you get some reasonable discussion and analysis which is awfully hard to dig out on ADVFN, which I find too busy to use also. The above site is entirely free, by the way.
QNL due Hi Eadwig, Good to see you are still commenting on shares. I have given up on ii except for trading. The so called upgrades have completely ruined their service in my view. Although getting e mails when someone posts something relevant like this is an improvement. I make do with a combination of LSE, Morningstar & Investing.com to follow what’s going on. Sadly I’ve not found a discussion board to compare with ii, and I miss the insightful comments from folk like yourself. People have told me ADVFN is good for discussions, but I find the sight much to busy: it seems to be trying to do far too much. As for AFC. I do hold them. I took a small punt on Fuel Cells via AFC & Ceres. Ceres has doubled while AFC has halved; but so far neither are actually making any money.
QNL due It was announced that the QNL was being ceased some time back because any real news has to be released in an RNS anyway. My reply is even later than the QNL used to be … but we got there in the end.
Low,Low price We’re not sure how big the contract is in commercial terms yet,are we? I take it you mean small in KwH terms, although its a substantial step on the way to the stated target of 1Gw by 2020 (from memory). I haven’t looked into this in detail in recent times so please do put me right if a) I’m mis-remembering or b) there has been updates that I may have missed. More worrying to me is what I have read on this contract is they don’t seem to be sure of just exactly quite how big it actually is in terms of KwH. Its a strange way of doing business … but at least the contract is with an industrial process company that has hydrogen as a waste product on hand which I have always argued is the no-brainer market to sell into, especially where they have high energy requirements also, which most of these plants do.