Afc Energy Share Discussion Threads

[vatnabrekk] 27/3/2024 11:28

Well said Ivy!

[ivyhedge] 27/3/2024 10:48

I like the way some people take the numbers and make projections, wow, glad you dont do my tax returns is all I will say.
Take the worst figure £18m and divide by the worst monthly outflows of £1.3mpm = money till end of May 2025.
Take the best figure £27.4m and divide by the best monthly outflows 0f £1.1mpm = money till the end of March 2026
That assumes no income or any tax credits etc during the time frames, that seems unlikely, also many long lead items already purchased £2.6m roughly already spent. I suspect that AFC has 24 months to either find a backer or raise cash or take out a loan if they are needed.
The hire/plant industry has untill 2030 to impement Ammonia/Hydrogen/ANother so I dont see this company failing to go forward.
P.S. if they need to raise cash they need a thousand backers with £10,000 to get them about £9m after expenses i will provide the first £10,000 so they wont have to look very far to raise 10 or 20 million.

[bloomberg2] 27/3/2024 06:53

Cheers skinny hopefully will increase throughout 24

[skinny] 27/3/2024 06:43

· 2023 strategy focussed on market penetration with key agreements signed to expand distribution channels for the fuel cell division, resulting in a £27m orderbook[1] for 30kW S Series H-Power Generators and ancillary equipment


A reminder :-

AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce that Adam Bond, Chief Executive Officer, and Peter Dixon-Clarke, Chief Financial Officer, will provide a Q&A session via Investor Meet Company on Wednesday 27 March 2024, beginning at 14:00 GMT.

The session is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 09:00 GMT on 27 March 2024, or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet AFC Energy via:

[bloomberg2] 27/3/2024 05:54

Wasn't aware of £27 order book ?

[grinley boy] 26/3/2024 23:50

Liberum note: https://www.proactiveinvestors.co.uk/companies/news/1044011/afc-energy-on-track-to-commercialise-roadmap-says-liberum-1044011.html

[grinley boy] 26/3/2024 23:09

Liberum note: https://www.proactiveinvestors.co.uk/companies/news/1044011/afc-energy-on-track-to-commercialise-roadmap-says-liberum-1044011.html

[vatnabrekk] 26/3/2024 22:16

It’s about the potential.

[hugotanha] 26/3/2024 19:39

What's gunna happen in 12 months Mr.Jolly??

[1347] 26/3/2024 15:01

Some key figures are all you need to know here:

Revenue £227,000 (Finance income was twice that) yet Bond got renumerated to the tune of £661,000 (even more last year). Gravy train director.

Then there are £27 m of orders (allegedly), some are uncommited which means they aren't actually orders are they. So how much is commited, well we don't know do we.

Come back in a years time and see if they can actually make and sell anything at a profit.

[zingaro] 26/3/2024 14:36

Well, I found the mention of the ABB S+ stack ( times I think) very positive

[bmel] 26/3/2024 14:34

Sleep just fine thanks . . and have no need to be fabricating posts and attributing them to other people.

[haggismchaggis] 26/3/2024 14:17

aja2,.Yes, on £27m pipeline they must be making some money. We aren't selling systems at a loss that's for sure.

[haggismchaggis] 26/3/2024 13:20

Agreed Jimmy. On every financial results the scum focus on anything slightly negative they can pick on and blow it way out of proportion..The results today are 99.99% positive, and that is what the big investors will focus on as they digest the results over the next week or two..In two weeks we could be at 30p+.The upside is way higher than any downside, with a broker average target of 80p and a high broker target of 125p versus maybe a penny down LOL!!!.

[yellowf123] 26/3/2024 12:55

There is no way to dress up the EOY report as a positive.
Where are the orders?.
Simply making an unaudited statement that there is a "pipeline of £27m" means nothing.
What qualifies to be in the pipeline?.
eg. If a company makes a general enquiry via email to AFC for a generator, does that qualify as a pipeline entry?.

If we hadn't all been told +3years ago that there were "50 qualified leads and AFC actually commissioned advisers to advise on how to inform the markets".
That was so deceitful, how can investors now believe anything we are told by AB?.

[yellowf123] 26/3/2024 12:19

It’s clearly a terrible report.
Question remains, can AB really be trusted to lead this company?.
After more than 8 years at the helm, his only delivery is misery to shareholders Isn’t time for change.

[vatnabrekk] 26/3/2024 10:35

The open short isn’t having any effect on the SP, not until they close the short or increase it.

[aja2] 26/3/2024 10:19

That's assuming they don't make any money. Interested to know what the gross margin is on the new, more efficient and reduced cost units are.

[haggismchaggis] 26/3/2024 09:55

£17.5m for 12 months is £1,458,333 per month

£27.4m closing cash position is 18 months and 3 weeks cash

From 31 October 2023 that is enough cash to last to the third week of May 2025