#AFC Energy – argues “progress” in ramptastic “Operational Update”
- 2025-06-13 06:40:18
If you are a lover of Scandi porn and have arrived here as a result of a google search, my apologies. I refer to Danish Company Green Hydrogen Systems which, as you can read HERE, looks set to go tits up, not to cavorting, naked, blond young ladies from Copenhagen.
The relatively new CEO of AFC Energy (AFC) hosted an Investor Meet rampfest for chatroom gerbils on Friday and then he and his Mrs bought, for them, a token shareholding. That has seen the shares tickle higher to 10p. That is an £85 million market cap which makes this an outstanding short.
The alternative energy sector is the broad term I use for non-oily & gassy energy listed companies. The sector has been hot all year and starts next year on some spectacular valuations. In many ways all valuations in the sector are bonkers, but which ones are most bonkers? And which companies are wearing Emperor’s new clothes? Here’s my meandering views on 6 leading contenders.
When it comes to new technology that is yet to become common place, being amongst the first to get involved doesn’t necessarily guarantee success, especially for early investors in smaller companies.
If you ask the bear community for its top 4 shorts on AIM certain companies seem to feature in almost every list….
After 12 years and 9 months on the AIM market doing what almost appears to be random things with fuel cells other than burn cash, AFC Energy (AFC) showcased its latest product - the H PowerTM Electric Vehicle (EV) charger - to retail investors back in December. This is clearly delivery of the IPO statement “The Company has a sole focus on producing commercially viable fuel cells”, or perhaps not – over 12 years to achieve no material sales?! Given the lack of success of its prior commercialisation ideas, and more importantly the operating costs associated with its latest ideas, I do not foresee a wonderfully wealthy future for shareholders. In fact I see nothing positive at all...
I want to get in there before my colleagues and flag up that the valuation of the ramp du jour AFC Energy (AFC) is absurd and that the company is drowning in red flags. Reading some of the Bulletin Board posts this smells just like Cloudtag although obviously it is not a Norfolk. Natch. I want to makle that clear.
It is some three years since Evil Banksta covered AIM-listed AFC Energy (AFC) on this site with his piece In the long run, AFC Energy is a zero. The shares were then 14.5p. Last night they were 3.775p and now they are 3.39p. I guess we are 76.5% there, then! This morning we were told that the company was pleased to announce its results – but should it be?
AIM-listed AFC Energy (AFC) released its results last week with a fanfare, highlighting “successful testing”, “increased income”, MOUs, and “strategic partnerships. What they didn’t highlight though was (i) the company has been “testing” since 2006 and despite lots of “successful tests” has never achieved a single commercial sale, (ii) AFC’s principle sources of income were EU grants and income from selling its shares via a complicated equity swap, (iii) the company signs up to MOUs and strategic partnerships with the same appetite that a pubescent teenager devours (and dumps) new partners.
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at shares in AFC Energy (AFC), Beowulf Mining (BEM) and Sirius Petroleum (SRSP) setting share price targets for all three stocks
If you want me to analyse a stock for you just drop me a line at sqmir@hotmail.com - Today I look at AFC Energy (AFC), Aminex (AEX), Rolls Royce (RR.)








