Afc Energy Share Discussion Threads

[skinny] 23/7/2024 11:14

Versus US peers, the cash situation is what differentiates here (now) and at ITM and CERES.

Who knows, maybe blue by the end of the day.

[halfpenny] 23/7/2024 10:56

All looking great as Deals flow and orders in demand, adding more at these levels as Analysts expect Orders to flow Q3 and H2.

Happy Days Ahead as RNS flow

[beeezzz] 23/7/2024 10:34

Cash burn depends on orders, so they may have more than a couple of years cash left..#

Hopefully orders go exponential...

[supernumerary] 23/7/2024 10:25

What's the margin for AFC for sales via SHS?

[ih_569066] 23/7/2024 10:05

The positive is the company has a big budget for a new CEO. The negative is the company wasnt ready to replace Bond.

[ivyhedge] 23/7/2024 09:44

wow! some very bitter and twisted people on here.
£15.8M in bank
£2.4m in inventory
sold all from present production run
new production being set up in Germany.
So thought i would pick up a few more shares and heyho showing a nice profit already.
keep slagging this share boys, have cash to burn and money to make.
And if you read the results AB was passing things on when he got things to a good point.

[hugotanha] 23/7/2024 09:42

Still good price to sell, 11p next week? Maybe lol

[hugotanha] 23/7/2024 09:42

20p no time hahaha

[ivyhedge] 23/7/2024 09:01

I like the note, "first production run sold" and the £2.4 in inventory plus the £15.8 in cash.
with another production line on its way in Germany things probably going to look good in the next few months.
so bought a few more at 15.4p

[gbh2] 23/7/2024 08:59

I've held a Punt like this before, in which the Directors are the only ones making money, hoped this would be different, time will tell.

[bmel] 23/7/2024 08:57

Now is the time to hire a CEO who has scaled up a technology manufacturing business. The time for lawyer skills in AFC are past. We have the technology, the customers, a manufacturing strategy in place and the cash.

Getting someone who has experience of making those components work together is the missing element.

The time for thoughtful and careful recruitment is here.

[skinny] 23/7/2024 08:30

Well, Gary Bullard certainly has some miles on the clock!

[bmel] 23/7/2024 08:29

Vatna - Just random word generators.

[1347] 23/7/2024 08:28

Another set of apalling results, another useless jam tomorrow British company, raised £89 m in the last 5 years, accumulated losses over £100 m, still generating less than £1 m in revenue. Finally they've forced the useless CEO out (whatever they say, that's the reality), now that he's lined his pockets he's being transported back to convict island where he belongs.

[vatnabrekk] 23/7/2024 08:27

Derampers are here.

[hugotanha] 23/7/2024 08:22

Personally, I won't be surprised if I see 0.1p by the end of the year.

[hugotanha] 23/7/2024 08:20

Dilution is next, the new CEO needs money for his expensive holidays , car, house...etc etc you name it

[hugotanha] 23/7/2024 08:19

Sell before AB, he's gunna cash his shares soon or later , millions of pounds.

[hugotanha] 23/7/2024 08:17

Sell sell sell sell

[backmarker] 23/7/2024 08:08

There are a lot of early trades and it is not all one way. More selling but some sizeable buys as well. Sounds like Bond going is viewed favourably.So we look forward to AFC Unleashed ?

[backmarker] 23/7/2024 07:43

It looks like they have enough cash in hand at present to fund a continued burn rate of £16M a year, or better for working capital for manufacturing of equipment for sale.So it all depends on how quickly they can build profitable sales.The other big question is will Bond quitting leave a hole ?