Afc Energy Share Discussion Threads

[holism] 21/2/2015 17:13

And we need to clear the decks first.

[leopard777] 21/2/2015 11:12

The market needs to see the results of the 101 fuel cell stack test next month. Having a commercial product is what matters.

[tewkesbury] 20/2/2015 20:21

The other thing of course is there are now five large fuel cell companies in the US, some with market capitalisations over $500m, who could take over AFC, plus several conventional power and utility companies around the world who could do the same. Consolidation in the sector will follow sooner or later.

[tewkesbury] 20/2/2015 20:18

Quite simply as AFC are closer to commercialisation (this year) than four years ago, I would expect the current market capitalisation to equal or excede that of four years ago - rather than being only a quarter of the level it was in 2010.

Even adjusting for changes in the number of shares in the last four years, a current market capitalisation identical to that on 11/11/2010 of £107m gives a current share price of 37.3p.

N.B.
Market cap 11/11/2010: £107m
Market cap today at 8.75p share price: £25.1m

107m / 25.1m = 4.26
4.26 x 8.75p = 37.3p

[tom89] 20/2/2015 13:44

Tewks, I'm do not dispute what you say but how do arrive at 4 to 8 times MCap?

[broshm] 19/2/2015 11:07

If these " people " can control the share price down maybe they could set it much higher with no involvement of trade volume ? AIM stinks .

[tewkesbury] 19/2/2015 10:59

Its interesting that on 11/11/2010 when HB Markets published a 'buy' note on AFC, they had a market capitalisation of £107m, when they were much further away from commercialisation than now.

Today the market capitalisation is £26m, with commercialisation this year - assuming successful 101 fuel cell stack results next month.

That suggests to me the current market cap should be at least 4 times the current level, and possibly 8 times.

[norbus] 19/2/2015 09:55

Presumably she mentioned it because she felt RA's involvement is a positive.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

If she is into Russian mafia , KGB and that sort of thing that turn women on

[new tech] 18/2/2015 08:08

101 cell stack results scheduled for February - March. Not long now.

[city chappy] 16/2/2015 19:46

It was the Bloomberg journalist who wrote the article, who mentioned Roman Abramovitch (Ervington Investments) holds a stake in AFC, not Alan Bond. Presumably she mentioned it because she felt RA's involvement is a positive.

[norbus] 16/2/2015 19:28

City Chappy

Of course it changes every thing; If Bond was not struggling for credibility, he need not have mentioned RA.

[ride the wave] 16/2/2015 18:12

It's only a matter if time until AFC deliver the goods . I was originally in this stock about 4/5 years ago and the fact is that they are on the cusp of proving the tech and making it commercial . This is a great time to invest and that's why the big boys bought more in the placing /raising of funds .

These men are not in a habit of loosing money and they know best !!!

Everything else is just noise .


GLA

[city chappy] 16/2/2015 09:00

Commercialisation this year changes everything. Only you are unchanged.

[norbus] 16/2/2015 08:42

bz

New Tech reposts same press release what does it all mean before you get a sale?
market stupid? leaving them unchanged. ?? Branson is going to Pluto in a cart next
year. I think nothing changed and Bond is shouting help

[leopard777] 14/2/2015 22:21

"It’s also looking to grow beyond chemicals to industries such as refining and steelmaking, as well as homes, Bond said."

[new tech] 14/2/2015 22:13

Abramovich-Backed AFC Discusses Tie Ups to Start Fuel-Cell Sales
Bloomberg
by Louise Downing
13th February 2015



AFC Energy Plc, a U.K. fuel-cell maker backed by Russian billionaire Roman Abramovich, is talking to 10 to 12 companies with “household names” over setting up partnerships to help it push the technology to market.

AFC is targeting the U.S., South Korea and Southeast Asia where there’s support for fuel cells, Chief Executive Officer Adam Bond said in an interview in London. The first deals from the talks should be in place within the next quarter, he said.

The company’s fuel cells, which convert oxygen and hydrogen into power and heat, are for industrial and utility-scale sites. Unlike wind and solar, they provide a continuous power supply.

Tie-ups will vary depending on the needs of the partners.

“We could sell equity stakes in AFC, form joint ventures, act as a tolling agent where we process the hydrogen for a fee and sell the power back to the grid, or process the hydrogen and sell electricity back to the company,” Bond said.

Since becoming CEO in December, Bond has brought forward a timeline for commercial deployment of AFC’s systems by more than 18 months. It plans to install a first commercial unit at an Air Products & Chemicals Inc. site in Germany in December.

“AFC has been working on research and development of its fuel-cell technology since 2006 and it’s now time to bring it to market and return some value to shareholders,” Bond said.

It plans to install 50 to 100 megawatts in five years, with possible sales of more than 20 million pounds ($31 million) a year. It’s also looking to grow beyond chemicals to industries such as refining and steelmaking, as well as homes, Bond said.

AFC in July agreed to two deals to install units in South Korea. It raised 6.1 million pounds in October from investors including Abramovich’s Ervington Investments Ltd., which now owns more than 15 percent of the business.

[city chappy] 14/2/2015 22:11

AFC will be bigger than Ballard Power Systems.

[city chappy] 14/2/2015 22:03

Great news.

[new tech] 14/2/2015 21:25

Abramovich-Backed AFC Discusses Tie Ups to Start Fuel-Cell Sales
Bloomberg
by Louise Downing
13th February 2015



AFC Energy Plc, a U.K. fuel-cell maker backed by Russian billionaire Roman Abramovich, is talking to 10 to 12 companies with “household names” over setting up partnerships to help it push the technology to market.

AFC is targeting the U.S., South Korea and Southeast Asia where there’s support for fuel cells, Chief Executive Officer Adam Bond said in an interview in London. The first deals from the talks should be in place within the next quarter, he said.

The company’s fuel cells, which convert oxygen and hydrogen into power and heat, are for industrial and utility-scale sites. Unlike wind and solar, they provide a continuous power supply.

Tie-ups will vary depending on the needs of the partners.

“We could sell equity stakes in AFC, form joint ventures, act as a tolling agent where we process the hydrogen for a fee and sell the power back to the grid, or process the hydrogen and sell electricity back to the company,” Bond said.

Since becoming CEO in December, Bond has brought forward a timeline for commercial deployment of AFC’s systems by more than 18 months. It plans to install a first commercial unit at an Air Products & Chemicals Inc. site in Germany in December.

“AFC has been working on research and development of its fuel-cell technology since 2006 and it’s now time to bring it to market and return some value to shareholders,” Bond said.

It plans to install 50 to 100 megawatts in five years, with possible sales of more than 20 million pounds ($31 million) a year. It’s also looking to grow beyond chemicals to industries such as refining and steelmaking, as well as homes, Bond said.

AFC in July agreed to two deals to install units in South Korea. It raised 6.1 million pounds in October from investors including Abramovich’s Ervington Investments Ltd., which now owns more than 15 percent of the business.

[replicas1967] 14/2/2015 07:30

Excellent coverage from yesterday

www.bloomberg.com/news/articles/2015-02-13/abramovich-backed-afc-discusses-tie-ups-to-start-fuel-cell-sales

[norbus] 13/2/2015 09:05

Lanstead deal contaminated the round, put a landmine under the feet of investors

[beeezzz] 12/2/2015 16:35

Whoooooooooooooooo arrrrrrrrr you are awful but I like you.....

Well it was that arrangement or bust I suppose we will never know the real truth? still as I say less money, so better look busy chaps Mr Bond is about and he's got his 9mm Walther ppk