Share Name Share Symbol Market Type Share ISIN Share Description
Afc Energy Plc LSE:AFC London Ordinary Share GB00B18S7B29 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -1.40 -2.57% 53.00 1,674,429 16:35:09
Bid Price Offer Price High Price Low Price Open Price
53.30 53.80 55.00 52.60 55.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment -4.78 -0.80 389
Last Trade Time Trade Type Trade Size Trade Price Currency
17:59:37 O 154,954 53.00 GBX

Afc Energy (AFC) Latest News

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Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-17 17:29:4053.00154,95482,125.62O
2021-09-17 16:42:3253.002,2161,174.48O
2021-09-17 16:06:3353.0015,0007,950.00O
2021-09-17 15:35:0953.00356,987189,203.11UT
2021-09-17 15:29:5953.30147.46AT
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Afc Energy (AFC) Top Chat Posts

Afc Energy Daily Update: Afc Energy Plc is listed in the Electronic & Electrical Equipment sector of the London Stock Exchange with ticker AFC. The last closing price for Afc Energy was 54.40p.
Afc Energy Plc has a 4 week average price of 51.30p and a 12 week average price of 51p.
The 1 year high share price is 92p while the 1 year low share price is currently 16.54p.
There are currently 734,433,000 shares in issue and the average daily traded volume is 3,647,980 shares. The market capitalisation of Afc Energy Plc is £389,249,490.
skinny: AFC Energy and Urban-Air Port Partnership. https://uk.advfn.com/stock-market/london/afc-energy-AFC/share-news/AFC-Energy-Plc-AFC-Energy-and-Urban-Air-Port-Partn/86063468 Reach announcement - non regulatory 16 September 2021 AFC Energy plc ("AFC" or the "Company") Urban-Air Port Partnership with First Hydrogen Fuel Cell Deployment Planned for 2022 AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce the signing of a Hydrogen Fuel Cell Supply and Collaboration Agreement with partner, Urban-Air Port Limited ("Urban-Air Port"). Highlights -- Urban-Air Port is a leading UK designer, developer and operator of innovative ground infrastructure for the growing demand in autonomous airborne drones and electric take-off and landing ("eVTOL") passenger vehicles. -- In partnership with Hyundai Motor Group announced today, Urban-Air Port plans to develop 65 electric urban air ports worldwide, adopting sustainable energy solutions. -- AFC Energy to lease a zero emission hydrogen power generator to Urban-Air Port's world first deployment, "Air-One", in Coventry, to support the power needs of vehicle charging infrastructure. -- "Air-One" is the first of more than 200 discreet sites identified for prospective development by Urban-Air Port in the next five years. -- Urban-Air Port and AFC Energy will evaluate the deployment opportunities of zero emission, hydrogen fuelled off-grid power to future sites within the portfolio of projects under development. AFC Energy and Urban-Air Port today announces its partnership to provide zero emission off-grid power solutions for Urban-Air Port's innovative ground infrastructure, designed to accommodate the growing autonomous drone and eVTOL passenger vehicle worldwide markets. Urban-Air Port's philosophy is to design integrated sustainable transport hubs with a decarbonised ethos at their centre that, in addition to airborne vehicles, will accommodate electric vehicles (EVs), buses and scooters. Their unique modular and compact hub design facilitates airport deployment in urban centres, whilst also being ideal for disaster emergency relief. Urban-Air Port's "Air-One" site - its world first fully operational hub for eVTOL aircraft - will be unveiled in Coventry City Centre in early 2022 to showcase how sustainable urban air mobility can reduce congestion, cut air pollution and decarbonise transport. As part of "Air-One", AFC Energy will be providing a fully operational hydrogen fuel cell system, on a lease basis for three weeks, enabling clean power generation and charging onsite. This combination of technology solves the problem of affordable, green offgrid power, enabling advanced air mobility from more sites, reducing travel times of goods and services, whilst cutting greenhouse gas emissions. In addition to "Air-One", Urban-Air Port, in partnership with the Urban Air Mobility Division of Hyundai Motor Group, plan to develop 65 electric urban airports worldwide to meet growing demand for e-Mobility in the aviation sector. This partnership forms a key part of Urban-Air Port's plan to build 200 sites globally in the next five years. Under the terms of the Collaboration Agreement, Urban-Air Port and AFC Energy will look to expand their partnership to support a wider integration of sustainable power systems within the Urban-Air Port hub ecosystem in grid absent or constrained environments. Ricky Sandhu, Founder and Executive Chairman - Urban Air Port Ltd, said "Zero emission, off-grid power is a critical component of our offering at Urban-Air Port and AFC Energy are the perfect partner to provide that capability with their world leading Hydrogen Fuel Cell technology. We're delighted to have them at Air One and eagerly anticipate expanding the partnership to deliver clean, green, off-grid power to the future of air mobility." Adam Bond, Chief Executive Officer at AFC Energy, said "Urban-Air Port's aspiration to establish a global network of urban airports and unlock clean air mobility worldwide affirms its disruptor qualities within the eVTOL and autonomous aircraft space. With a commitment to the eradication of diesel generation in grid constrained environments, AFC Energy is pleased to be partnering with Urban-Air Port in support of its bold vision to decarbonise air and ground based transportation through its modular hub ecosystems in both dense urban and remote locations. We look forwards to seeing our fuel cell in full operation at Air-One in Coventry in 2022". -ENDS-
midasx: Very positive article and great that the UK is encouraging investment in hydrogen alternatives. AFC must benefit from this stance going forward! Lots of progress since 2015, the share price just needs to catch up! I get the feeling we are just on the cusp!
skinny: First Hydrogen Fuel Cell System Delivered to ABB. First Hydrogen Fuel Cell System Delivered to ABB AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce a further milestone in its strategic partnership with ABB, a world leader in electrification and digitalisation technologies. Following several months of dedicated electrical engineering work, AFC's zero emission hydrogen fuel cell system will today arrive in Estonia for operational integration with ABB's high power Electric Vehicle ("EV") charging system. Highlights -- ABB and AFC launched a strategic partnership in December 2020 to design and sell a high power EV charging system for grid constrained locations through ABB's global market channels. -- Following six months of successful electrical engineering and controls design, AFC's fuel cell system will today arrive for operational integration at ABB's packaging facility in Estonia for final validation in advance of marketing an integrated system to customers. -- An AFC team is accompanying the fuel cell system to Estonia, working closely with ABB to finalise engineering and integration works. -- This milestone follows the cornerstone investment ABB made into AFC in April of this year. Today marks a major milestone in the Company's partnership with ABB whereby, following six months of detailed engineering works, AFC's fuel cell system will arrive at ABB's product packaging facility in Estonia for operational integration and validation, in accordance with the Joint Product Development Agreement ("JPDA") that was signed between the companies in December 2020. The integrated system will be configured as a high power EV charging product for grid constrained environments with a sizable opportunity to support rapid charging capability across multiple key target markets, including: -- Private vehicle hubs; -- Charge point operators; -- Logistics hubs and distribution centres; -- Public and private urban transportation (including bus depots); -- Marine (including port and marina charging); and -- Vertical Take off and Landing Craft (VTOLs). The operational validation and integration of ABB and AFC's systems (incorporating fuel cells, a battery energy storage system and EV charger) will take place over the next few weeks and is expected to confirm the electrical and control systems required for the autonomous high power EV charger. The expense of developing and delivering the system has been supported by ABB through its investment into AFC and confirms the strong commercial interest both have in progressing towards a market leading development in high power EV charging. A team of three AFC technicians is accompanying the fuel cell system to Estonia to support ABB and capture key running data from the operation of the combined system. ABB and AFC, through the Commercialisation and Marketing Agreement announced last year, will also continue to jointly market the integrated charging product across key addressable markets and will collaboratively develop a communications strategy for system branding and deployment in the remainder of 2021. The system that has arrived today highlights AFC Energy's existing HydroX-Cell(L) series of fuel cell systems, but plans are already in train for the incorporation of AFC's higher power dense "S" series of fuel cells in future iterations. In ensuring the on-time delivery of its system to ABB and fulfilling the pre-agreed deployment later this month for Extreme E's Arctic X-Prix in Greenland, AFC has made the difficult decision to no longer attend the British Motor Show later this month. We wish the organisers of the British Motor Show every success but have prioritised providing systems and our technical staff for the ABB and Extreme E deployments, given their status as key partners for the Company and AFC being bound by existing commercial agreements. Adam Bond, Chief Executive Officer at AFC Energy, said: "Last week's release of the UN's report "Climate Change 2021:The Physical Science Basis" provides further damning, profound and irrefutable evidence of the effect human activity is continuing to have on the climate. In the year of Glasgow's COP26, it is increasingly important for our collective sustainable future that companies act now to mitigate against the activities causing climate change and risk the future of our environment. "Today signifies a further important milestone in our relationship with ABB in bringing to market a leading high power, zero emission, EV charging solution for adoption in many of the world's grid constrained environments. As Governments around the world continue to make large strides in the electrification of transport, it is paramount that consumers have the confidence that high power charging will exist in locations where the grid is currently restricted. Partnering with a market leader such as ABB to address these and other challenges in the decarbonisation of transport is an essential part of our go to market strategy for the mobility sector." -ENDS-
hugotanha: The next move we see will be an open offer of 4million shares @40p. Hence AFC price is dropping.This is very basic knowledge in stock market.
andyf987: I can only imagine two realistic scenarios unfolding in the next 4-6 months… 1. The share price will be easily over £1 2. The share price will be way under 60p At present everything we know points towards number 1, so just a bit more patience required. It wouldn’t surprise me if we see some heightened volatility with some price manipulation before we get there though. Still sitting tight here - £3.80 target price;-)
skinny: Half-year Report. Interim Results AFC Energy (AIM: AFC), a leading provider of hydrogen power generation technologies, is pleased to announce its interim results for the half year ended 30 April 2021. Highlights of those results are as follows. Commercial and Financial Highlights -- Three new world class partners, strengthening global route to market: o ABB : high power EV charging infrastructure / data centres; o Altaaqa Alternative Solutions : zero emission power solutions in Saudi Arabia and the Middle East & North Africa regions (MENA); o Mace : hydrogen fuelled generators for construction sites. -- Current book of over 50 qualified fuel cell deployment enquiries - the majority of which represent multiple order potential. -- Revenue of GBP0.15 million (HY 2020: GBPnil) from initial recognition of Extreme E commercial revenue following completion of first race; under IFRS, additional Extreme E revenue to be recognised on completion of remaining races. -- Strategic investment from ABB and Dutco cornerstoning an oversubscribed fundraise of GBP36m in April. -- Stronger half year cash balance of GBP61.6m (HY 2020: GBP2.8m) with investment in product development and increased headcount resulting in an increased loss for the period of GBP3.3m (HY 2020: GBP1.8m). Operating Highlights -- Successfully delivered first commercial fuel cell power system to Extreme E. -- BK Gulf appointed as mass producer of fuel cell system balance of plant in Dubai. -- Executive team strengthened following recruitment of Dr David Harvey (Chief Technology Officer), Dr Mike Rendall (Chief Engineer and Product Officer) and Mark Bailey (Chief Commercial Officer) in 2021. Technology Highlights -- Prototype design of high-density "S" series fuel cell stack completed. -- World class testing lab for high density AEM fuel cell in operation following launch in February 2021. Outlook -- AFC Energy expects to announce multiple new system orders in the second half of this calendar year. -- On track to complete design and system architecture of the integrated ABB / AFC Energy high power EV charger unit by the end of June. -- On track to supply first fuel cell system to ABB site in Q3 for physical integration with high power EV charger. -- Following COVID related delay, AFC Energy fuel cell system now on track for dispatch to ACCIONA in Q4 2021. -- Multiple new product releases expected for second half of this calendar year. -- Juelich fuel cell system for German micro grid on schedule for completion in Q4 2021. -- Receipt of first commercial scale ammonia cracker for system integration next week that significantly advances competitive upstream fuelling strategy. -- Strategic collaboration in maritime sector under discussion. -- Assembly and commissioning facility at Dunsfold Park opens this week, incorporating office space for new engineering team. -- Recruitment of new product engineers, manufacturing and field technicians, fuel cell and polymer scientists, and commercial staff expected to continue with on average of two new starters per week. -- Commencement of scale up of manufacturing process for AlkaMem(R) anion exchange membrane ("AEM"). -- Preparation for delivery of full prototype high power dense AEM fuel cell by calendar year end. Adam Bond, Chief Executive of AFC Energy, said: "AFC Energy continues to make great strides as a leading clean energy business, now with the successful deployment of our hydrogen power technology, the signing of international deployment partnerships and the recruitment of a world class Executive Team all essential elements in positioning ourselves for future growth. Our oversubscribed fundraising puts the business in a robust financial position, allowing us to increase investment during the remainder of the year in the people, technology and product development needed to grow our order book and commensurate revenue. With carbon emissions now returning to pre-pandemic levels and the UN stating that 2021 is a 'make or break year' in the fight against climate change, the need and demand for our emissions-free energy solutions has never been greater. In the year of COP 26, our growth plans are central to the ongoing decarbonisation of key global industries."
haggismchaggis: In February 2020 I sent the below info to OFGEM. I did receive a reply confirming my information would be passed on to the relevant department. Dear Sirs, I read with interest the news today the OFGEM has produced a Decarbonisation Action Plan. I picked up on the following points: 1) "Building a system that supports the growth of renewables and ten million electric vehicles on our roads by 2030." 2) “It is now vital that the energy industry rises to the challenge and demonstrates how it will work with the Government and Ofgem to decarbonise Britain’s energy system at lowest cost.” 3) "Ofgem will look at how it can support the roll out of electric vehicles and will publish an Electric Vehicle Strategy. This will address how the grid needs to evolve to meet increased demand." I think OFGEM needs to look at the recent announcements by UK Company 'AFC Energy' regarding its new off-grid EV Charger powered by zero carbon Hydrogen. I think this system will definitely help to enable the targets above to be reached, as this rapid EV charging with zero emissions can be placed anywhere, negating the huge cost of grid expansion in remote areas and city centres. The system uses lower cost lower grade Hydrogen, not the high grade Hydrogen required by Hydrogen cars, which saves a lot of money in operating costs. Here are some of the news items and a link to the AFC Energy corporate Website: EV Charger Roadshow (announced today) hTTps://www.investegate.co.uk/afc-energy-plc/rns/ev-charger-roadshow/202002030700146080B/ Official EV charging partner of British Motor Show hTTps://www.investegate.co.uk/afc-energy-plc/rns/official-ev-charging-partner-of-british-motor-show/201912050700187310V/ AFC Energy Website, EV Charger hTTps://www.afcenergy.com/h-power/electric-vehicle-charging/ You may want to pass this along to those working on the Electric Vehicle Strategy mentioned in your news item today.
andyf987: Sounds like another dodgy fact to me. This is priced on expectations of actual revenue in the coming 12-24 months. Based on various ventures and pipeline, the company appears to be on track. Further announcements which support the expectations of future revenues may lead to the share price shifting too. Equally news to the contrary, including delays may result in a period of downwards share price movements. It appear most of us are long term holders so a simple delay is not of much concern, not that we have had any announcements to conflict with recent expectations so I suspect we will see normal market driven fluctuations for the time being. We are of course always right where we should be.
al h: haggis brain still spouting garbage I see. How long has AFC been trying to flog it's miracle fuel cells for ? Do you not think IIs are already well aware of AFC's existence, that their lack if interest might actually be telling you something ? How many trials has AFC been involved in the past ... that all came to absolutely nothing ? How many warehouses are there chock full of AFC cells pumping out clean energy ? That RNS today could have been summed up in a paragraph but no ... AFC's PR department had to squeeze it for all it was worth ... which is not a lot given that AFC need to sell these cells in large volumes to actually start making real money not just 1 or 2 to a minuscule niche rich kids car racing market.
haggismchaggis: AFC Energy now in the Hydrogen ETF!!!!!!!!! Three weeks ago I was looking at the L&G Hydrogen Economy UCITS ETF again. For those not aware of what this is "The Index is designed to provide exposure to equity securities of global companies that are actively engaged in the hydrogen economy". And "A company is only eligible for inclusion in the Index if it is of a sufficient size (determined by reference to the total market value of its shares that are publicly traded) and it is sufficiently "liquid" (a measure of how actively its shares are traded on a daily basis)." I could see on the page that the Index get's it's listing from the Solactive Hydrogen Economy Index NTR. I went and had a look at the Solactive Hydrogen Economy Index NTR and could see that AFC Energy was not listed. This prompted me to write to Solactive and tell them how surprised I was to find that AFC was not listed. I have been watching both the Solactive and L&G pages since, and guess what, today AFC Energy is listed on both!!!! This definitely happened last week (long enough for Solactive to DYOR on AFC for 2 weeks since I e-mailed them), as I checked last week and their data was to 14/05/2021. hTTps://www.solactive.com/Indices/?index=DE000SL0B9E5 hTTps://fundcentres.lgim.com/at/professional/fund-centre/ETF/Hydrogen-Economy/#Portfolio What does this mean for AFC? Well, they are now way more visible to ii's, listed alongside the multi-billion valuation Fuel Cell and Hydrogen peers stocks. They are also in the ETF and are sure to be accumulated there over time. Any Fund Managers / ii's using the Index for the basis of a Hydrogen Fund will see AFC in it. Solactive "Since 2007, we've been developing tailor-made and multi-asset class index solutions for ETFs and other index-linked investment products. Across the full spectrum of leading global investment banks and asset managers, our clients value our speed, flexibility, quality and can-do attitude." I'm sure there will people claiming my email to Solactive was just a coincidence, but they don't know that and neither do I, but it IS possible that my e-mail got AFC into that index, that is what actually matters, because if you don't sow any seeds, you will never reap the rewards.
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