UK 00:13 Wednesday, 11 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Clean Air Power (CAP) has just raised £1 million at 4p – a 27% discount to the share price the day before the RNS. The stock now trades at a new year low of 4.125p and this appears a lesson in red flags. I’d not wan t to hold this stock as it strikes me that it is full of CAP.
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Comments
Paul Scott
Hi Tom,
I’ve held shares in CAP for a while, and have to admit, it’s not going very well.
They do have a proper product, which is selling – it converts engines for HGVs from diesel only, into being able to run on diesel and natural gas. This has big environmental benefits, and saves money for operators. So it should be a no-brainer for hauliers to buy the conversions. And some have, but not enough for the company to reach critical mass.
I agree though that the latest £1m discounted fundraising looks desperate, and it could be game over for the company in the not too distant future, which is a pity as they are close to launching in the much bigger US market.
I’m in the quandary where I’ve lost more than half my money already, on what was always a very speculative investment, so do I sell up and probably save my remaining money, or do I hang on and hope for the best?
It would probably make sense to do the former, but no doubt I will end up doing the latter!
This is a good example of where if a share you hold is going wrong, you should just admit it to yourself & others.
It really annoys me the way so many commentators doggedly hang on to the bull story long after it has clearly gone wrong. Realism is needed.
Another thing that makes me sick is the way people who hold stocks always try to ramp their own stocks. I hold CAP, but despite that, agree with you that it probably is crap!
I wasn’t aware about the high Director pay though, thanks for flagging up that – it does sound disgustingly high for such an early stage company.
Regards, Paul.
Donalgarth
Paul,
You say it should be a no-brainer for hauliers to use this system. I worked with a haulier who used the same type of system back in the nineties. The combination worked very well and was very efficient. The problem for the haulier was, the engine manufacturers took this to be a modification to the unit and would not give any warranty.
wildrides
Paul ……… sell deffo sell.
There are so many shares going up just now . You will soon win it back on some of Toms red hot rockets or nifty shares.
Reinvest it into one of those .
It took me years to stop hanging on to old losers in vain hope and also to stop “revenge trading” a bad trade . Now I never look back and cut any losses real early . Its the best thing I have ever done . After all, if you sell up and it turns upwards trending again you can just get back in ! With no stamp duty AIM is transformed in this “in out “ ability for low costs .Remember you cant ever get losses back from the “slow bleeder down to death “ shares .
Mark
Thanks for the review Tom, as you promised. Looks like the best thing is to wait fo some good news to come through in the next few months and cut my losses on the up-tick. I had high hopes for this one! :(
J P Spaghetti
“the company boasts that since 1991 it has spent £50 million on its technology and as a result has patents pending in 65 countries”
Wot – merely pending after twenty-odd years? I’d keep quiet about that. Actually, I read a quote by the CEO of a US (I think) tech. company very recently that over 90% of patents cost more than the revenue they subsequently generate after actually being granted. I guess he was specifically talking about those having worldwide scope (patent law – if I had my time again!) .