Afc Energy Share Discussion Threads

[broshm] 30/10/2014 18:19

This has cost me more loss than 50 years trading . I would like to see an investigation for insider dealing , my post 4740 ,though it would not bring back my lost £££;s

[beeezzz] 30/10/2014 16:46

Well a resounding vote of confidence in the management 23% take-up of OO, anybody that did are just going to loose more money, if the company had something concrete to offer this would have been oversubscribed. The last five years have shown that the management are richer and I'm poorer.

[hereford29] 30/10/2014 14:59

very sad situation, what a shame when companies with reasonable technology don't get the management they deserve to push them forward.

[beeezzz] 30/10/2014 11:41

Nope...

NB...ITM are further forward than AFC and will probably do far better in the long run, which is the case with VLS, who have signed contracts with BA or IAG to provide jet fuel so more positive.

If AFC sign a contract in the NY with the Koreans that will be positive, whether it will happen is anybodies guess. At the moment we only have a pile of MOU's which can amount to nothing.

You can still buy at below offer price so what a great deal that was, NOT.

[hereford29] 29/10/2014 15:00

Anyone going to the OGM?

[norbus] 28/10/2014 23:50

bz
ITM does NOT need a sugar Daddy; You are missing someting I never doubted it in 8 years and happy to have given it a £big vote of confidence

[beeezzz] 28/10/2014 23:05

ITM and ACTA do not have a sugar daddy like AFC, RA has very deep pockets, he nearly controls this company now, and if he is satisfied with the CEO and management there is nothing PI's can do, that is why I've decided to move on.

Although I'm disillusioned with the AIM market there are still some good companies, and will be moving my holding into VSL and IKA over the coming months.

One thing all investors should be aware of AFC are a generating company and will control there FC's remotely selling electricity to the supplier of Hydrogen and to the grid, how long this will take to be profitable is difficult to say with all the subsides and cost of generation. They did state many moons ago that 1MW FC system would cost £440k, whether they have got the cost down to such an extent that it's feasible for them to build and run without further funding would be very surprising.

One thing I am sure of it will take a considerable amount of time something I don't have. GLA.

[holism] 27/10/2014 17:43

Good time to do something Norbus, but what is the question?

[norbus] 24/10/2014 13:53

bz

you should not be into shares if not prepared to be active; I campaigned and got rid of ITM CEO 4.5 years ago; I got an undertaking from then independent director at AGM 6 months earlier to review the strategy, after having a slanging match with then Chairman Hargreaves. You should all try and challenge the strategy to make them think at least

H29 Push bz to fight, as he seems to know the company business better than you, get a few of you together,[ if you have 5% between you, you can get heard ] , question the strategy, the heavy overheads the burn , the missed targets, the advice given to the company on the quirky funding and see what happens

I have no shares but observed over time as I did ACTA . GLA. I am in ITM a bit under water yet delighted it is about to show the way to many fold increase; dyor

[hereford29] 23/10/2014 15:36

is it on the offer document?

[beeezzz] 23/10/2014 14:57

H29...Not sure why its a mystery, you only need to look at their expenses to see where the money goes £4.8m p.a. to be precise, and only £1.4m on R&D you can see where there priorities lie.

[hereford29] 23/10/2014 12:27

I don't know, it is a mystery to me what the money is for. I've given up trying to contact them. Anyway, I am just going to hold my shares and see what happens. I cant see any point in going to the meeting either, it will not really help me. Maybe they just cant get money at a higher price, and couldn't have done so before from big institutions, who generally want a concrete forecast of earnings and a clear timetabled business plan, unless you are a social media company. It is normally the case with placings, that the people handling the placings for the provider side leak it to their cronies, who can then sell the shares, and that forces the share price down. There is no way of proving that an advisor or city institution providing the financing tells people it is going to happen and at what price. Easy to do, just tell a mate in the pub. Then obviously, people will trade on this news. That is just the way of the market, especially AIM. It is a machine designed to make money for those who are in the club. That's why there are entry fees, and no exit fees if you list on AIM!

[begorrah88] 23/10/2014 10:44

IW looks far too casual in that video.Not the sort of committed intesity I would expect.Too much like an annoyance that was interrupting a pheasant shoot.

As soon as he referenced the brokers saying Lanstead were aligned with his goals I lost interest as that sounded like a nailed on excuse and 3rd party to blame when it all goes wrong.

[beeezzz] 22/10/2014 15:53

NB....Its just the cynic in me but I wouldn't waste my breath, if somebody wants to burst a blood vessel ranting and raving at these bunch of halfwits then good luck to them, they have thicker skin than a rhinoceros and are just laughing at the PI's they have just shafted.

I would be physically sick just seeing them looking so smug now they have secured their salaries for the next 2 years.

As for working 9-5 hereford, thats the 2 days a week the CEO does with all his other commitments. You'd be lucky to ever catch him in the office at Dunsfold at least, maybe swanning around in the Far East more like.

[broshm] 22/10/2014 14:42

Hi N , did you see the vidio , my post 4733 ? shifty , dodgy or what ? not a man to keep !

[hereford29] 22/10/2014 14:28

Since IW joined as CEO, the share price has been decimated and the company has failed to deliver a profit. Why do you think this makes him a CEO worth keeping? And why keep a board that works 9 - 5 hours? Frankly I was gobsmacked to hear that a company struggling for cash and crying out for commercially viable sales deals would have a Board that thought it was ok to leave for home at 5 in the afternoon! Blimey, I know French engineering groups and energy IPPs where they routinely work 12 hour days to ensure they meet the budget and deliver the business plan. This lot don't even have a plan! If they did, they would have raised money a year or two years ago.

[norbus] 22/10/2014 14:01

bz

why do you not gather like minded holders and select one to speak at the EGM;

[norbus] 22/10/2014 11:41

Insider trading abounds in the AIM; Shame on LSE Shame on Nomads

hereford29 should vote his conscience and not blackmailed; remember it is his money! Williamson reminds me of CEO Jim Heathcote at ITM, which was going nowhere till Graham Cooley arrived 4.5 years ago. Look at it now ;

If Williamson as CEO was not able to control the operation, he must fall on his sword

[broshm] 22/10/2014 09:55

Insider trading ! what other cause for the AFC share price performance can there be ? Who would not have sold on Tuesday at 13.5 knowing it would be 10 on Friday ? how long would the deal take to setup ?
How do we instigate an inquiry ? Perhaps as someone said on this board , the £s
involved maybe too small for the "authorities" to be concerned . My loss even at 20p is of major concern !
No more AIM for me .

[holism] 22/10/2014 09:01

hereford- vote against and Williamson will have to go. Do you really want that. I would prefer to see a shake up on the Board, get rid of those with nothing to add to the power up project.This company is being held back by the research side we need to get on with manufacturing and the delivery of the current project. Farting around the world is nonsense. If we have the best product AFC will be rushed off its feet. No need to go to US yet- too early in my view.

[hereford29] 21/10/2014 18:08

well I am not a speculator, I invested for the long term. I have a lot more shares than the CEO, and I paid more for them. I will vote against the resolutions, it is a disgraceful way to run a company, total lack of commitment.

[norbus] 21/10/2014 18:05

hereford20
Rats and sinking ships; typical so called directors of AIM.

RtW
speak for yourself; you are a pump and dump merchant or a tool of lanstead; you are irrelevant; I feel for the LTHs who had stuck with this for years only to get to this;

Ianous
how do you see this panning out? I thought you secured some big grants. will AR take control and éwork the science?

[hereford29] 21/10/2014 17:56

I called the company this afternoon at 5:10pm, I spoke to their IT guy, I asked for Tim Yeo as his name was on the circular I was posted, asking me to vote for all the resolutions - I was told he has left the office already, Ian Williamson, same, Chris Tawney, same. He said it's normally quiet at this time of day, all the higher up guys have left already, there are only a couple of us left. When I asked what are the normal working hours, he said, 9 - 5pm.