http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

Of all the fuel cell companies, this looks like the best bet.

The Centrica connection has now been mentioned by,

Hoodless Brennan.
RTT News.
Renewable Energy Focus.
Wall Street Journal.

So a nice spread of news already, with no doubt more to come.
Rarely see a company the size AFC attracting such publicity.
I appreciate the attraction is due to the well known name of Centica, but any association with such well known companies can only bring the name AFC Energy to the fore.

The radar of publicity, is catching AFC nicely in it's glare.

but can it perform like you GM, when needed???

Balerboy,

You ask it can perform like me when needed.

Look at it this way, I am just out of my prime (well I think so, but not sure what my wife thinks) as I keep telling her she has had my best years.
But seriously, AFC are a young, up and coming (no jokes please) company.
I hope when/if the orders continue they will rise to the challenge to perform, (look be serious).
There are still a few ifs, which will continue till these cells prove themselves, but the ifs are getting forever smaller.

Nice increase again.....could be the king of fuel cell stocks this one...

Posted on a competitors thread by Stocasity.

It is an interview with Peter Bond CEO of Link Energy.

All facts, no hype.

http://abnnewswire.net/multimedia/en/62197/VIDEO:_Peter_Bond_CEO_Of_Linc_Energy_Speaks_with_Brian_Carlton_on_Underground_Coal_Gasification.html

This is an excellent interview. In my opinion, a must read, well worth it's 10 minute length.

In todays Telegraph it is reported that Barrack Obama wants bio-fuels to be judged on their full environmental impact. For example, it is claimed that corn based ethanol thought to produce 50% of emissions produced by fossil based fuels, if the effect of such things as forest clearance needed to grow the required corn crop is taken into consideration, the actual reduction is 20%.
It is suggested that all fuels and their systems of production are also looked at using the same criteria.

I wonder what the true carbon footprint of other so called, new clean technologies are, solar (panels manufacture/disposal), wind (manufacture/transportation/disposal) and several others.

As to the AFC fuel cell system, obviously there is still similar environmental costs, but I wonder given the figures we often see of 80 to 90%, reductions, which have often been compared with other electricity producing concepts, what the true savings really are.
I would bet the savings (compared) are even better than first thought.
These other concepts, (mainly wind power) savings are usually touted by not just the producers, but by Government bodies.
As we all suspect, these savings are now being questioned more than ever.
But as yet no government is touting figures for the AFC system. So those figures are more likely to be near the truth, and not be tainted with spin.

Just a thought

Could UCG benefit from Shale Gas Danger.

In todays Daily Telegraph it is reported that Gazprom scorns shale gas as 'Danger to drinking water'.

I muted this a few weeks ago and it appears the dangers are starting to be taken more seriously.

Gazpom has attacked the idea that new US reserves of shale gas (hailed a game changer) will harm it's dominance as the worlds biggest producer, warning the energy source is environmentally unsound, of course they have a vested interest, but the evidence is gathering pace.

But the possible environmental effect is gaining momentum.

The danger looks to be the polluting of the water table.

As all the majors are heavily involved in it's production and are pouring zillions of wonger into these projects just imagine the cost/loss to them if the environmental issue wins the day. But more important would be the catastrophic loss of huge amounts of gas, which the world could not afford to loose.

As UCG is cleaner, cheaper and far more environmentally friendly, it could be good news for UCG and of course AFC.

Any reference to UCG and AFC is obviously my view and is not mentioned in the daily Telegraph.

RNS. Great news. Looking good.

If the patents hold .....you might be able to add a zero to the present sp.....potential not recognized by the city yet...

RF If the patents hold,are you saying their's a problem?
Greekman, yes excellent news and IB is a dap hand at keeping the markets informed via RNS's.
cyril

This is not the only company doing this....quite a few in the USA...but AFC looks a very good bet !.

Next news is possibly only 2 weeks away - I'm sure as usual AFC have been very busy behind the scenes. The link with Linc Energy in Australia may prove to very usueful in helping to promote AFC (see last RNS) I am happy to hold!

I think that the rns's are mixed up with Arsenal Football Club ! AFC....

Some real interest here this am,with trades in excwss of 17.5p earlier and settling around 17p. Is news on the horizon, as i can't find anything to ustigy such a leap?
cyril

Posted this on a competitors thread yesterday, re AFC and RHPS.

Several years ago when a subscriber to RHPS I ran a test portfolio on their tips, buying only shares in a handful of companies over the time period of about 3 years.
I found that well over 75% (can't recall the exact figure) of the shares tipped rose on opening, mainly due to the fact the MM's knew that many PI's would buy into the tip and the fact that these shares were by definition fairly illiquid. The sp would then fluctuate a bit during the day, usually closing below the days high, but still up.
I am sure many day traders feasted on this idea. So I would think if tomorrow follows the usual pattern, the sp will open higher than Fridays close, fluctuate a bit, then close up but lower than the days high.
The caveat is obviously that if AFC have a news issue the above will be blown out of the water.

As to RHPS tips, I found that it was helpful in that I would research a company mentioned, biding my time till the inevitable loss of interest dip and that is when I bought into the few companies I ended up investing in.

I just hope AFC is as successful a tip as SEO was a calamitous failure (I have strong feelings it will be).

And today re the sp and availability of shares due to someone stating that they can only get an online quote to sell 5,000 shares max......

I think they are just playing the market as usual. I expect they will try to make the most of today, with risers and drops to test those committed to AFC or just in for the short ride.
They will play to the fear of those new punters that are in due to the week-end tip.
I wonder how many will get in today without doing any research at all. They will be the most vulnerable to todays fluctuations.
The spread of 4.4% which is a bit less than normal might also be worth keeping an eye on.

Results Out.

I wonder how many investors will be disappointed in there being no news of further contracts or the like but I never expected any major new revelations because these need to be disclosed immediately in an RNS.
The results to me look excellent, especially the forward looking section. I especially like this statement,
'We believe that the successful commercialisation of AFC Energy's fuel cell system technology will be as important to a hydrogen economy in the 21st century as the internal combustion engine was to the petrochemical industry in the 20th century'.
Over the top!, possibly but who knows. I wonder how many people said, when the first motor car (internal combustion engine), went past, 'IT WILL NEVER CATCH ON'.

So to the sp.....At present value, probably about right.
On a future value of possibilities, I would not dream of a forecast except to say, The Sky really is the LIMIT.

I would sooner things move along nice and steady without the 'flannel'

Those who were in Stanelco and perhaps still are, will remember their results which were continually filled with up in the air projections/promises.

I agree there will, as said be many who are disappointed, and possible many short sighted investors will sell on the results.
To me I am not looking for 'jam today or even tomorrow' but honey and champagne several months down the line.

As you all know, I am the IF man, and yes again there are still ifs and will be for some time, but my confidence in AFC are higher than they have ever been.

Re-testing recent highs.

Preliminary Results for the year ended 31 October 2009


AFC Energy PLC (AIM: AFC), the low-cost fuel cell company, today announces its preliminary results

for the year ended 31 October 2009.

Highlights of the year

Successful trial of initial Alpha fuel cell system at Akzo Nobel in April 2009

Second chlor-alkali partnership signed with Ineos ChlorVinyls

Significant progress in both electrode specification and system design.

5 further patents applied for

Technical and management team strengthened to support anticipated growth

Operating costs further reduced

Since the year end


2.2 million raised through share placing and option/warrant conversions

Cash balances at end February 2010 of 3.19 million.

Heads of agreement signed with Linc Energy to exploit underground coal gasification

SuperGreen Power Station project initiated with WSP Group plc, CEL International and Air Products as confirmed world class partners

Agreement with Centrica plc for reservation of future capacity


Ian Balchin, CEO commented,

Our objective is to develop and commercialise an alkaline fuel cell system for the 21st century at a significantly lower cost than any other fuel cell system. We have made considerable technical progress this year and have deepened and widened our commercial relationships with key partners. Our Alpha system fuel cell will be further tested by both Akzo Nobel and Linc Energy during 2010 and we remain on track to deliver our first 50kW unit in 2011

Tim Yeo, Chairman added,

I am delighted that new management team has accelerated the technical and commercial development of the Company beyond R&D and towards revenue. I firmly believe thatAFC Energy is now fully equipped to prioritise and develop its many commercial partnerships during its next phase.
cyril

Very promising indeed....could take off like the space shuttle at some stage !.

Yes and doing very nicely today,hitting new highs with all trades so far "buys"
cyril