http://www.afcenergy.com/

Dawnay, Day Corporate Broking Research Note

Aim Admission Document

it's ok harry, i've just squelched him again ...... why on earth the moderators never pick up this troll i do not know

Did you know, he is not only from a background not nice for many ( cowards say TANKER ) but " cynic " is also is a back stabbing person ( said by his best mate once ), a stalker and has "SEVERAL " times complain to management because someone has pinch his ..." doll " and wants them out from here.....
others say go bacK to Poland ( as payback compliment )

btw - goldilocks1 - is his nickname at another place, were he wants me to go and chat him UP - never did exchange any post over there, though I know for ages, he was there arguing with TOM,Dick and Harry ( not the one here )

Have to go, enjoy the rise today of AFC

Someone said somewhere else I was the KING of spotting the risers, and I thought that was Elvis Presley with "Lord Almighty, I feel my temperature rising Higher higher It's burning"

Hi Mentor,

I very rarely post on MoneyAm these days as their site is always letting me down, but on seeing some of your recent post I knew who you were referring too even before you used his name (this idiot has been on ignore by myself and many others for years) and as once again he is presumably posting personal insults I felt I had to reply to you.

Please don't feed this self promoting idiot because as with all such people all it does is expand their self belief of importance.

Put him on ignore and don't be tempted to sneak him off now and then just to see if he has matured to the stage of post childhood, ignoring him no doubt makes him either angry or sulk or both, so some satisfaction can be gained from knowing this.

Also report any such personal insulting posts to MoneyAm.

Regards Greek.

StockMarketWire.com
AFC Energy's EU grant and other income increased to GBP2,313,586 in the year to the end of October (2014: GBP796,135).

Overall post tax losses narrowed to GBP4.8 million from GBP5.4 million. Cash balances at 31 October, excluding restricted cash, were GBP1.8 million (2014: GBP4.9 million). The company subsequently raised GBP3.6 million before costs through a placing and offer for subscription, which was oversubscribed by a factor of 3.8 times.

Chief executive Adam Bond said: "2015 was all about driving our alkaline fuel cell technology platform to maximise the power output of the system for the first time at a third party industrial facility in Germany whilst in parallel delivering the requirements of the joint EU funded POWER-UP programme.

"Having achieved a number of critical successes over this period, 2016 is now focused on delivery of international contracts for the deployment of our fuel cell system whilst taking the wealth of learnings acquired over the course of 2015 and further enhancing the operability of the fuel cell system capable of meeting the requirements of our commercial partners. Progress in developing and monetising partnerships continues unabated in our target markets."

the buyers of the rights and placing must be feeling pretty miffed
the technology is very much cutting edge and should be successful in the long run

the two questions are
will AFC will still be around in say 3/5 years time? ...... probably i'ld guess
given the current discount to the rights price (25%), should one take the plunge or add or neither?

i'm quite inclined to add, perhaps as a trade, but not today!

From the milestones for 2016.

"Therefore, throughout the first half of 2016, the Stade facility will be utilised to run further testing on the fuel cell system and BoP with the second half being utilised in particular to trial the improved Gen 2 fuel cell stack and BOP, and confirm the longevity targets for the new system"

That could mean they are running tests to help develop v2 stacks, or it could mean they are doing some longevity testing. However if the target was to achieve more than 200 kW for up to 180 days that may be difficult as the stacks degrade over time and power output is likely to drop below 200 kW sooner than if they were able to start from 240 kW. Very difficult to comment without knowing what is really going on.

Taking the P!ss at Lunch time

Michael Fallon said on the BBC1 just now " they are not going to through out the Polish people"

Does that mean they will have to pay their own fares to go back home?

Parliament
Energy revolution: what could change the energy sector?

24 March 2016
The Energy and Climate Change Committee launches an inquiry exploring what disruptive technologies and innovation could transform the future energy sector.

What we want to know
As a first step in this inquiry, the Energy and Climate Change Committee is seeking answers to a single question:

"Which innovations have the greatest potential to revolutionise energy markets, and why?"

Please refer to no more than 3. We will look at your ideas and shortlist a few to look at in more detail............

http://www.parliament.uk/business/committees/committees-a-z/commons-select/energy-and-climate-change-committee/news-parliament-2015/energy-revolution-launch-15-16/

large buyers now on the ticker as the price was decimated earlier

------------------
How much cash is left?

Cash and cash equivalents at end of year £1,756,445

"Since the fundraise, the Company has received >€1 million from the EU, for work completed to 30 June 2014, and a further £1.5-£2 million is expected before year end."

"We raised £3.6 million"

So: £1,756,445 + £800k + £1.5m to £2m + £3.6m is enough cash to last 2 years plus.

From 1.3.2016

Milestone 5 Conclude basic design and engineering on a 1MW capacity fuel cell system capable of deployment in 2017.

Now, from Quarterly Newsletter:-

I remain confident that AFC will achieve its target of 1GW, that is 1,000MW of capacity installed or under development, by 2020.

Exactly what is Adam Bond trying to say here?

AFC is definitely one to stick in the drawer and forget for 2/3 years or more
RM2 falls into a similar category

both companies have very interesting concepts, and though they're pretty high risk, i think they'll both survive and prosper in time

Ugly chart and balance sheet not looking good. I'm afraid it may take a miracle to keep this company going, I hope I am wrong and they can raise more cash.

Ugly chart ? maybe is looking this way long term, but is turning.
Any chances of making any money short term?
will see it on a weeks time now 13.50p

Today's chart looks quite pretty! :o)




I will not be putting any more cash in however, too risky for me.

it needs a 50% rise from this level just to get back to the rights price

14.625p +1.125p

Good movement up this morning and is following the recent rise from the lows

Moving further ahead now 15.125p +1.625p as volume moves to 4M close to the highest for the last 2 month

order book has gone very strong on the depth, considering there are 3 trades at offer side worth not considering as they have been there for some time and are well ahead of the normal prices.

spread 15 v 16p, 63K v 20K

16.375p +1.125p

keeping with the trend up since Monday today is Thursday, already a good size volume

UP to 17.25p+ 2p now, but for some time is holding at this price

Reason : order book Wants to move forward again but someone wants to stop rising fast putting a large order on the offer side