Not difficult to be a bear on AIM
Most shares go down so you have a more than 50% chance of being correct.
The skill comes in picking winners |
I remember him from "Show me the money". |
Skinny - While not prepared to subscribe he is by reputation I understand usually reckoned quite a good bear |
Pumping is nearly done, it's gunna be like this till March 24th then booooooom!6p or less on horizon |
Shaping up nicely this morning for another step upwards. |
Derek would probably perform the same operation every day multiple times ad nauseam and also want it to go wrong even though he is involved in it! |
Deluded Derek (yella) the surgeon from Jersey.
Imagine being under the knife with this psycho. |
I have checked the 4 million revenue and its described as
Revenue of approximately £4.0 million (unaudited) recognised for FY24, slightly above market expectations, driven primarily by sales of hydrogen fuelled power generators to Speedy Hire Services (SHS) for lease to customers of Speedy Hire plc (Speedy).
So Yellow if you think its a grant then that part of your post is wrong then I suspect the rest of your post is wrong.
PLEASE STICK TO FACTS. This is not X, its a quality BB |
Sorry Vatnabrekk |
That's not right. AFC gets the full price and the full revenue from the sales to the SH JV, and the resulting profits from the sale, just as if it was a sale to an unrelated party.
They will also get 50% of the JV's profits at the end of the financial year. |
Nobody would pay £100-200k per unit.
At that price point why even bother the financials don’t work.
Your math also shows a lack of understanding.
As SHJV is shared ownership 50/50 AFC will only receive 1/2 of revenue for each unit put onto SH shelves.
On that basis please do your math again, you will find the discrepancy in price and numbers are worse. |
@amt,
There is a disconnect between numbers of units shipped to SHJV and £4M revenue.
It is my belief a large portion of the revenue was derived from a government grant for replacing red diesel JV with Brett Agriggates.
Currently they are capable of manufacturing >5 units per month, let’s be generous and say 10 units per month and were capable of that in the last 6 months of financial year end 2024.
That’s 60 units manufactured and sold at £15k=£900k.
You can see where the disconnect is..
As long as we are being fed with misleading information the markets cannot have confidence in the BOD and we feed the shorters with evidence of a non-performing and deceitful operation.
Hopefully we will get clarity in March EOY report.
As a comparison diesel gensets of 30kW retail for @£10-15k. |
Current capacity 60 units per annum, what does that equal in revenue ?
Does anyone know what 4m of revenue in current year equal in terms of number of generators ? |
@purple11,
What makes you think the shorts will close soon?.
Last year the price more than doubled from where it is today to 24p.
The short didn’t close.
It’s my belief they will wait for the next cash raise before closing. We all know the cash burn rate is @£1.1M/ month, although the CEO denied it, cash raise must be being planned.
Remember AB denied a cash raise was being planned at the last AGM, 6 weeks later cash raise and major dilution. |
Short likely to close with one huge out of hours reported trade..I remember RA's departure being a huge 17m sell @26p that took the handbrake off of the SP |
can see this doubling as shorts close |
im in on the bell gla |
As a shareholder I would like the price to rise. However I cannot ignore the fact that this share is heavily shorted and that sentiment effects would be purchasers of this stock.
Historically over the past 5 years we have seen the price increase temporarily only to fall to lower lows.
I listened intently to the investor call this week, there are some strong headwinds to AFC being successful. Granted the new CEO and CFO are enthusiastic but that’s no replacement for real sales.
It’s not clear where they are going to come from, they want to prove the business model here in UK before focusing overseas so Tamgo is not expected for sales.
We are exclusive with SHJV in UK&I and their H2 strategy is bleeding money.
Let’s see what next week brings for the share price |
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 28/01/2025, 10 days ago, when the stock price was 9.0000. Since then AFC.L has risen by +13.33%.
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