Afc Energy Share Discussion Threads

[arab3] 07/2/2023 15:20

HugoTanha - 26 Jan 2023 - 10:35:12 - 23048 of 23090 AFC Energy - The New Positive Thread Mk II - AFC
Personally, I am waiting for teens, perhaps between 12-15p. I'm still waiting to see a massive drop, right now, anything above 20p is a good sell.
DYOR

someone hacked your account hugo ?

[jimmynan] 07/2/2023 13:52

Based on what I know, and clearly you don't, I'll hold on for now. Thanks for your concern though ;)

[hugotanha] 07/2/2023 13:47

Mr.Jolly.... obviously, do your own research, but I reckon best to sell now if you're in profit. buyback at 13-15p

[gbh2] 07/2/2023 13:20

I'd like a better idea of what's driving it, before I put nay more cash into it.

[hugotanha] 07/2/2023 13:02

So tempted to go short

[1collijo] 07/2/2023 12:45

Think it's taking a breather ready for another surge this afternoon.

[cinoib] 07/2/2023 12:38

See the profit takers stepping in, ok sold a few me self I bought a while back at 21 sold for 31 so nice little earner. Still have a fair few left yet.

[cinoib] 07/2/2023 12:35

Bit of profit taking now.

[haggismchaggis] 07/2/2023 12:09

Now also getting some tasty interest on that cash.

[haggismchaggis] 07/2/2023 12:08

29 June 2022, half year results:"At the end of the period our cash balance was GBP48.6 million (2021: GBP61.3 million), compared to cash absorbed by operating and investing activities of GBP6.7 million"So had enough cash to last over three years.

[vatnabrekk] 07/2/2023 11:30

ALH, they don't need a placing, they've got cash.

[vatnabrekk] 07/2/2023 11:28

Good thinking bmel. That's very much along the lines I was thinking also.

[skinny] 07/2/2023 11:25

Highest volume this year so far.

[skinny] 07/2/2023 11:24

Not forgetting the .

[bmel] 07/2/2023 11:20

After reading the above....a few thoughts.

There has been quite a lot in the press over the last month or so about the (severe) limitations on the UK electricity grid. Not a 'new' story but now getting more exposure. The press has also made a lot of noise about the newly discovered long queues at car charging points. That is an extremely interesting combination for AFC.

AFC kit offers an alternative, but complimentary, technology in, for example, a (currently) filling station that will gradually morph towards a vehicle charging station.

There is absolutely NO way that all these sites will get the power input connections that they require. Housing development in parts of west London are already being refused planning permission because the utilities cannot meet the power requirements for the houses proposed. That is not unique to west London.

Vehicle charging will want a lot more power than is available, and is likely to be available, in the foreseeable future.

Glasgow has been introducing electric buses. They are based on a site that used to be a depot for 'trolley buses' (electric busses from overhead power lines removed form service in the 1960s). So it already had an industrial scale power availability.

However, substantial extra capacity was required and, fortunately for the partnership, Scottish Power was a partner and the site was 'prioritised' for significant and rapid upgrade.

Over the next 2-5 years there will be demand for multiple thousands of such sites across the UK for commercial vehicle depots, Amazon etc warehouses and everyday shopping centre car parks.

There is not enough electricity being generated. Even when new production comes online, there is not the grid capacity to move it from 100 miles off Aberdeen or Hull or Barrow, to west London or Birmingham or wherever else.

I am certain that the big energy and utility companies know this well. The reality of this happening across the country is accelerating towards us. Perhaps they are looking to get stakes in a range of companies with the technologies to mitigate these power supply constraints.

[gbh2] 07/2/2023 10:47

Long time since I had a run away sp, up 43% atm :)

[prmoldoaks] 07/2/2023 10:37

All stocks being gobbled up, is it BP adding to their re-newables, BP Pulse is growing fast and AFC have the tech to support this and its AFC's valuation is less than BP make in a day lol

[barony] 07/2/2023 10:37

Interesting rise.

[cinoib] 07/2/2023 10:30

Someone is feeding it rocket fuel. What ever it is is better than the tap water it's been on for the last year or so. Go baby go.

[al h] 07/2/2023 10:28

Almost certainly a placing being worked by the monkeys ... same old, same old. Probably around the 20p level I'd guess.

[skinny] 07/2/2023 10:21

Stranger things have happened...

[bmel] 07/2/2023 10:19

Skinny - a distinct possibility, or did I mean probability?

Somebody just bought 176k shares. A tad more than 'have a little tickle on this one'.

[haggismchaggis] 07/2/2023 10:15

British Bulls followers making a fortune. I don't follow them, I just look there if the price shoots up a lot to see what they are saying, out of interest. No trading here, just accumulation.

[wuzy] 07/2/2023 10:12

Haggis l do the same, good luck.