Derek the shareholder from Helikon, thanks! |
Still in denial I see.
Please vent your anger at the source of the problem, not the messenger.
It is not I that has crashed your investment by unspeakable amounts.
For your mental health you need to come to terms with the fact that your investment has gone down the toilet.
Acknowledging there is a problem is the first stage. |
@vat,
Your 15 minutes of victory has come crashing down buddy.
Shall we just stick it into the file that says “continual failure”.. |
I’m a concerned shareholder just calling out the repetitive failures of this company.
For too long investors have been lied to by the BOD and posters on this BB. Some of which have disappeared now(Haggis).
Others still remain attempting to defend this failing company. |
Derek the shareholder from Helikon, thanks! |
@vat,
I’ll file that comment underneath the section:
—Down 85% in the last 5 years.
Subsection:
—£80M of investors money burned over the years.
A single day or hour of increased buys means absolutely nothing. |
More buys than sells so far today. Where would you like to stick that one, Yellow? |
Not a great day to be a AFC shareholder.
We could try emailing the BOD which I have done repeatedly and have never received any response.
The realisation is the BOD do not care about shareholders until its time to raise more cash, which is on the horizon.
The other news today about Speedyhire is a double whammy, their profit warning will trickle down and be impactful to AFC. To what level is still TBD, but given they are AFC's only volume customer the effect will be quite devastating. |
Babbler I could but in my experience directors at these sorts of presentations don't answer awkward or critical questions, such as, which one of you thinks you're worth your salary and nil cost options? Even if they did they would just repeat the same old vague promises/excuses. I've given up listening to them TBH. Someone could try a difficult one though, such as how many £ in sales do you realistically expect to close in 2025? |
I fear it’s our turn next for another big drop down.
SHJV must be dead in the water now, their shelves must be full of kettle boiling AFC FC generators with no where to go.
Never mind we can always write off the inventory like we did with the small kettle boiling towers.
Anyone out there with any sensible suggestions on how to keep this company afloat?. |
Speedy Hire trading update.
Good old AB signing us up to exclusivity deal with one of the worst performing companies on AIM.
You really couldn’t make it up. |
@Babbler,
Don’t expect too much from Thursday, remember the questions will be screened before hand and not all read out verbatim.
Questions can be manipulated, it’s not like a face to face Q&A.
Let’s wait for the AGM for that one, when we’ll actually get to see them squirm as they attempt to defend their abysmal performance and generous remuneration. |
@1347,
I hear you brother.
This company only exists to serve the BOD.
I have given up any hope of seeing any value from this company.
Believe it or not there is still one poster under several aliases that continues to defend this company’s performance.
Clearly out of touch with reality. |
Why not put that across to the company on Thurs when they are presenting to PIs via investor meet. Can ask questions before the meeting. |
Hopeless, just another jam tomorrow AIM company. They put more effort into re-arranging the directors on deck and grafting themselves freebie options and shares than they do getting orders. How long before shareholders see any value here, another 5 years, 10, 20? |
A better written and more palatable RNS would have linked the shares to companies performance.
eg. 2026, 25% of the shares granted IF the share price is above 50p
2027, 25% of the shares granted IF the share price is above £1.
As it is there is ZERO incentive for the BOD to increase share price value.
AFC and their BOD continue to shaft and dissapoint shareholders. |
I’m speechless for a change.
The absolute arrogance of the BOD. |
Lets hope with more options comes more results, GLA |
Thanks Derek |
Let’s all be quiet and AFC might actually make something the markets want at a price point it will buy at.
And in the meantime the £1.1M that is being burned monthly just might not happen.
You really are living in cookcoo land.
Face reality the cash is being burned fast, a raise will be required in the next couple of months.
I have asked the question in next week’s Q&A let’s see if we get an honest and sensible answer. |
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