I'm suprised this one seems to have gone un-noticed any thoughts anyone?
could be a big ,un

2 stock all day long

CWR has ever-reducing bottoms. Stay clear.

This was too clear in January

You might be interested in the Hoodless Brennan view of mCHP.

29/06/2010
AFC remains the forgotten fuel-cell in institutional investors who seem fixated on Ceres and CFCL. Sooner or later they will have to recognise the opportunity for AFC is more realistic with Chlor-Alkali producers and Underground Coal Gasification than with consumers replacing boilers Continued SPECULATIVE BUY.

http://www.hbmarkets.com/stock-research-prices/small-cap-flash/read/

Keep on selling CWR... it is not bottoming out yet.

63.25p at closing today.

JUST NOTICED THE CRAZY PRICE...CASH RESERVES 40M....THIS IS AN OPPORTUNITY OF A LIFETIME...

By the time they go commercial 24m of that 40m will have been burnt!!!!

Don't miss out on the best fuel cell investment potential, as per the analysts this is AFC Energy.

Shares in issue 150,872,854
Share price 19.25p
Valuation 29,043,024


Hoodless Brennan said last Friday afteroon - "We maintain our SPECULATIVE BUY and still see AFC as more valuable than Ceres or CFCL."

http://www.proactiveinvestors.co.uk/columns/hb_markets/18645/hb-markets-daily-smallcap-newsflash-including-afc-energy-brammer-craneware-tanfield-and-others-18645.html

CFCL is valued today at 92.7m.

Ceres is valued today at 53.9m.


So Hoodless Brennan see AFC as more valuable than the 92.7m that CFCL is currently valued at.

92,700,000 divided by AFC shares in issue of 150,872,854 would give AFC a share price of 61.44 pence.

To get to 61.44 pence from it's current 19.25 pence, the share price would have to rise 235%.


Hoodless Brennan said "more valuable", but they did not say how much more valuable, it could be they think AFC is a lot more valuable, perhaps in line with the Allenby NPV(Net PRESENT Value) of 137 pence.

http://www.afcenergy.com/investors/analyst-reports/

To get to 137 pence from it's current 19.25 pence, the share price would have to rise 612%.


So the professional analysts see a fair and realistic valuation for AFC, as at least 235% up to 612% above the current valuation.

A lot of director's dealings today that's had a positive effect on the SP.

are we at last seeing take off? (personally I have been in the departure lounge far too long)

Oh dear.............. CEO now leaving without explanation- can only be bad news