Afc Energy Share Discussion Threads

[robo175] 02/4/2015 09:22

Apologies Ride the wave

[ride the wave] 01/4/2015 22:33

Beez was de ramping this share with Norbus for months , when the share price was on 8-10p !

Like I said before ...short minds .

[ride the wave] 01/4/2015 22:30

I was first invested in afc over 4 years ago actually (lol) . You lot have got the ump cos you paid top money and watched it collapse . You done nothing about it and only have yourself to blame !

The past is the past - you need to look towards the future (1GW by 2020 for starters) .

[robo175] 01/4/2015 22:22

Well said beeezzz

[beeezzz] 01/4/2015 21:45

And some people have been holders of this company a very short time.

You make me puke........................

[ride the wave] 01/4/2015 21:43

You lot make me laugh , if you don't like the CEO or the way that the company is being run , then sell up and move on . I think our CEO is the real deal and he hasn't put a foot wrong since taking his position . We are even making money from Lanstead now (some people have short minds) , look how far we have come in the last 3-4 months and then think how far we will be in 5-10 years time .

This share will be like Microsoft IMHO .

[beeezzz] 01/4/2015 21:43

H29.....relax... have stiff drink old chap....nobody knows what the next 12 months will bring....I'm just hoping its a darn site better than the last as I'm sure you.

I agree the company has sat on it R&D laurels and not been driven hard enough, and we has shareholders must take some of the blame for not shouting at them often enough to get their fingers out and not pay themselves exorbitant wages when hardly any cash is coming in.

[hereford29] 01/4/2015 17:12

Yes, I've been a shareholder since 2011 and I haven't sold any shares. I wouldn't say that I am angry with he Board, I just don't think they are any good, I don't think they work hard enough, and I find their attitude frustrating and arrogant. I know the company could hire a much better set of top management that would drive the company far harder and more effectively, although this is clearly not in the interests of the current Board, who would all lose their jobs.

[beeezzz] 01/4/2015 16:58

H29....Obviously you are very very very angry with the BOD which I concur...we have been shafted....and as you say RA or ES could have stumped up the money....in essence they did but only for bigger piece of the pie sadly....unlike Age of Reason.

Out of interest are you still a shareholder....because I sold a large part of my holding last summer when I could see a fund raising was on the cards, with no product on the horizon, years since 12 month longevity milestone and nothing to show for it other than another AIM cash burning machine.... I was persuaded by the new CEO who I might add is not costing anything monetary that fortunes would turnaround so quickly, don't forget they did not have a product when the extra cash was raised, which convinced me to add more to my holding.

[hereford29] 01/4/2015 15:43

Let's put it in perspective, even at todays hyped up deal fever market cap (ahem!) the entire company is worth less than Roman Abramovich's boat, or his Belgravia house, or Eugene Shvidler's penthouse in Manhatten.

[hereford29] 01/4/2015 15:32

There is no commercially monetisable deal, they have simply signed a conditional agreement and yes, of course they must have known, if you are suggesting that a credible Board and Management team doesn't have six months visibility on an important agreement with a long term partner, then they are even more incompetent than I thought. If they really needed 6million quid urgently, they could have found it in ES or RA's back-pocket on a night out at the local casino in Korea, and they wouldn't have missed it.

[beeezzz] 01/4/2015 14:51

H29....I cannot find a fault with your argument...except,you are obviously assuming the major shareholders were aware of future contracts, deals when the placing was made or they weren't and the company being in a default position had no alternative avenue with no known contracts other than powerup to enable them to raise urgently needed funds. The company has no control over the share price ..it was shorted by those privy to upcoming fundraising well in advance.

You are making assumptions that may or may not be true...have you any proof that these deals were known to directors 6 months ahead of fund-raising if so they would have needed to RNS them.

[hereford29] 01/4/2015 14:38

Yes, I do know the main shareholders, and I am sure some of them see a potential big future for the company, but for these (RA, ES), 5 - 25pc of AFC at this market cap is just spare change. My point is that the recently announced $1bn deal does not in any way guarantee future income or profits for AFC since it is not a contractual forward power sales agreement - if it did, clearly any responsible Board would have used this contract to secure financing on reasonable terms, instead of at a more than 50pc discount to market price prior to new of the placement being leaked to the market. if it was the only deal available, it is a further demonstration that the market and institutional investors have little or no confidence in AFC delivering on its promises, otherwise they would have been happy to invest, on better terms.

[beeezzz] 01/4/2015 14:10

H29.....
I agree with your discussed at the way private shareholders have been treated, which I cannot excuse......however, BB's are only PI's opinions they are not fact the only information you should be taking notice of is what the company says.

Aim has a rule that companies must have enough funds which are sufficient to trade for 12 months.. due fact they were not going to satisfy this rule needed funds quickly whether in hindsight this was a good or bad deal it needed to be made, powerup project was the only deal that was definite, what has transpired must be a positive endorsment for the AFC FC especially from the Koreans.

afc major shareholders
Name.......................... Shares............ %
Ervington Investments Ltd ....38,021,149 ...........13.17

Age of Reason Foundation ...24,602,420 .............8.52

Lanstead Capital LP .......23,100,000 .............8.00

Linc Energy Ltd .......22,000,705 .............7.62

TD Waterhouse Nominees.... 15,534,222 ........5.38

Barclayshare Nominees Ltd .....14,565,040 ......5.05

Mr Eugene Shvidler .........13,853,633 .......4.80

Hargreaves Lansdown Nom.... 10,034,886 ..............3.48

[hereford29] 01/4/2015 13:06

Of course, that doesn't mean you shouldn't trade the stock nor that you will not be very successful and make money by doings so. That is what AIM is for, making money from trading and selling for a profit. It is a casino for vested interest groups to ride a gravy train. Not only the Board of the companies, but the Nomads, Advisers and brokers who all benefit from the hyping up, crashing and subsequent re-hyping of stocks on AIM via deliberately misleading research notes from paid brokers and misleading PR from peddlers of the statements they are paid to disseminate.

[hereford29] 01/4/2015 13:00

I disagree, if the 1bn revenue was verifiable, they would securitise it as I said, in order to raise finance, so the 1bn revenue is merely speculation. There is no way that this "deal" was unknown prior to the placement, and the placement was desperation finance. Yes, Mr Bond was on the Board when IW was CEO, and took part in the placement. Therefore he is unable to use the 1bn revenue forecast to underwrite cost effective financing. Ergo, it isn't forecastable, it is speculation. The Board have done nothing but destroy shareholder value in AFC since 2011, in my opinion they should all be fired. It appears to me that the top Management of this company are lazy and do not have their interests aligned with that of the private shareholders in any way.

[norbus] 01/4/2015 09:12

Hereford29 you are talking a load of bullocvks M8; what difference a $billion revenue over 10 years to kick in properly 2019? You are Jealous of Mr Bond ability to write RNS's yet he was on the board when Williamson raised £6.1m having to get Lanstead in on the drip? You ain't seen the light on the road to Damascus; Bond has, so you better believe the numbers; RTW says so; ! GW by 2020 for starters

[ride the wave] 31/3/2015 22:15

1GW by 2020 ...everything else is noise lol

[hereford29] 31/3/2015 15:59

if there was any credibility in the future billion revenue stream, they would have securitised it now, not diluted equity at rock bottom prices to keep paying their salaries

[hereford29] 31/3/2015 15:57

AFC raised £6.1m in Oct 2014 via Placing & Open Offer @ 10p. Well, sounds like they are not too confident in getting hold of much of that billion, duh!

[hereford29] 31/3/2015 15:55

where is the money then? Why did they have to raise funding at 10p to keep going?