Afc Energy Share Discussion Threads

[hereford29] 21/11/2014 09:54

this is what happens when an incompetent Board hires an incompetent ceo

[norbus] 21/11/2014 09:15

bz
Dr Ruth, Dr Roy, what difference does it make?
Start and strip the company down to bare essentials; CEO goes first.
Ascertain if there is ANY technology realistically suitable to commercialise profitably within 2 years, and if not I's sell up to ACTA spa.

[struppy] 20/11/2014 22:36

Du bist ein bloeder Mensch!
Dumm,Dumm!

[solardave] 20/11/2014 22:28

The problems with AFC are very significant.

They have a very highly paid part-time CEO who is on committees and is an NXD of another company.

They have never been able to create a product to sell.

They are using very expensive catalysts (without admitting it)

The electrode only lasts one year

The company is run like the Russians own it; well I say let them have the pile of shight.

Dave

[beeezzz] 20/11/2014 16:39

NB...Yep thanks...I meant 2015, I can quite categorically say I will not be here in 2105 that is for sure, if I am I will be the oldest person ever.

Not Dr Ruth...did she work there??????????

I will reserve judgment until Monday if they show a couple of empty warehouses again then personally it will be game up.....they must have something or they are very brave or naive allowing a load of irate investors in.

[beeezzz] 19/11/2014 11:34

NB....Now you know why I have been moving my holding over the summer, one thing you can be sure of is AIM BOD look after number one....

As for ITM well good luck, what I was referring to was take up of hydrogen cars how long will that take Hmm....when they make a profit I may invest with whatever I have left here, which by the look of it won't be much.

Its the season to be jolly...lets hope AIM investors will have a better 2105

[holism] 19/11/2014 07:23

broshm- i think you will find that the brokers involved were incompetent. They did their best to raise the money at a sensible level but failed to do so. As with all AIM shares fund raising has to be planned very carefully. They would have done well to raise capital at 20p but they failed to do so. The pitch was wrong. I too am extremely concerned at the current share price If the technology is proven and we are on the cusp of a major step forward and we lose the company to a private deal it will be dreadful for all long term shareholders. Another six months to wait is not long. I do hope the board is up to the task.

[beeezzz] 18/11/2014 22:30

Nope....but I know a man who can!!!!

What 3p to £70 in 10 years yea not in my lifetime.

[broshm] 18/11/2014 20:20

Can someone explain why the share price was cut in half just before the share price went from 20 to 10 pence on the news
of fund raise at 10p
OTHER THAN INSIDER DEALING /////////?????????

[hereford29] 18/11/2014 18:22

Of course there will be another ASOS, and there will be many more hopeless companies IPOd on the back of hype and trend that hapless investors like me lose their money in! Maybe IW has a fish in his hat. Or a cat. Does he even have hat?

[beeezzz] 18/11/2014 16:42

Lets hope IW is a magician he certainly needs to pull something out of the hat, and preferably not a rabbit, more like a pile of fifties. I bet he is not at the open day, if he is, he'd better be wearing body armer.

There is more too this than meets the eye...RA & ES would not have put more money in if they were not privy to exclusive information, no one would buy this company outright if its worthless ...like everything about AIM its very fishy.

Wish I'd cashed the rest of my holding at a small loss I might add, put all into FITB and got all my losses back and some, bummer.

NB...Plenty of time to get into ITM...that is a very long term project....which I suspect will be taken over at some point. AIM sadly is not for me anymore...there may never be another ASOS which has declined from £70+.

[hereford29] 18/11/2014 16:38

Deputy Chairman of what, AFC? why would he be posting on a share bulletin board?

[norbus] 18/11/2014 16:19

Ianous is deputy chairman; more to a board's integrity than number of shares owned

[hereford29] 18/11/2014 15:52

how can Ianous press Ian Williams to go? no shareholders have any influence except RA. IW was the wrong hire in the first place, that was perfectly obvious at the time.

[norbus] 18/11/2014 15:27

Ianous

I really do not understand how anyone can have RA and ES on their register and bring in a Lanstead. you can't blame it on a green newly hired CFO; the buck stops with the CEOs. You owe it to your investors to press Ian Williams to go. I am serious, or you will never survive this that will lead to total loss of confidence in the board and the company

[hereford29] 18/11/2014 15:02

maybe I'm just an old cynic. I've seen most of my AIM investments run into the ground or run into bankruptcy by management. I don't believe that this is just bad luck with the state of the market, nor an unfortunate and unforeseeable timing for essential fund raising.

[norbus] 18/11/2014 12:54

h29 mafia behaviour ? if so why raise £9m?

[hereford29] 18/11/2014 11:50

They won't explain anything, I believe it is a pre-agreed plan to send the company into administration and let the shareholder buy the technology on the cheap - this is my opinion. The company is as good as dead.

[badger010776] 18/11/2014 10:56

I never thought it but it looks like dodgy old UEN is going to overtake the value of my afc shares. This is a sorry state of affairs- they'd better do some explaining at the agm