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Despite making significant progress this year.
To be fair around this time last year we had eoy predictions of 4p up to 20p. Now we'd take 2p. Waiting for financial closures, as is the market!
Investors who just judge a company by movements in its SP and sell out when the going gets tough, might just as well sell all their shares and invest in Premium Bonds.
Martinu I'm happy to concede on the mathematics.... I do think we are around £5.5m to date..... But again I'm no expert in such matters. As you say I was just hoping to give us an indication of progress
Martinu I'm happy to concede on the mathematics.... I do think we are around £5.5m to date..... But again I'm no expert in such matters. As you say I was just hoping to give us an indication of progress
past the last placing price would be a bonus for now!
SP being held back, this should be at least 2.5p now
Alcoops - totally agree with the sentiment of post; less so your calculation of % increase ;)
SP does not reflect the blue sea of so many buys!
I suppose it will eventually!
https://www.guerillainvesting.co.uk/2009/12/15/stock-bashers-3/
Can't take credit for this top drawer read about stock bashers many of which love spending time on this board. Posted from the telegram group
What a reply.....lol that has made my morning :)
They had €500k at six months
FC Italy €1,750,000
Fc Croatia €3,100,000
This 239% or roughly there abouts. Do you need me to tell you what last year's revenue was as well. (I'VE MADE A NOTE AT THE END TO SAVE YOU LOOKING IT UP)
I wonder what it is about English language you don't understand.
Judging by your comments I've added a definition of forecast for you below
Business forecasting is the process of predicting future developments in business based on analysis of trends in past and present data.
And to make it really easy for you I've also got you a definition of predicting below for ease
A prediction, or forecast, is a statement about a future event or data. They are often, but not always, based upon experience or knowledge.
And just for absolute clarity Cav (can I call you Cav)
This is exactly what the company said
The Company remains on track to achieve its previously stated 2021 revenue forecast of approximately €15 million, assuming timely closure of EQTEC projects as planned. This would represent a 700% increase in revenue over the €2.2 million in revenue delivered in 2020.
7.5k sorry
You mean another investor? Better than someone with the best part of 15k comments on boards of companies there not even invested in!
I may be new around here but I've seen your name alot over the past 18 months and it's always in a negative manner haha
As we all know eqtec are expecting 700%+ of 2020 revenue, and we are all told back end loaded.
17 projects on the go globally, new partner to work with.
Everyone is so determined in their own opinions (and why not it belongs to you after all) but ultimately facts are facts.
Eqtec does seem to have been hurt by some consistent large selling. Janus sold around the time of the litigation and I believe GM has been selling since his departure. The reason for Janus was undoubtedly profit taking, and didn't they do well. And GM told us he needed money for tax purposes on his first sell as a director leading everyone to assume that if he wanted to buy his 67m Warren's at 0.67p he needed to x amount of millions at 1.3- 1.5p. So who on here wouldn't do that.
So when you combine effectively 12 months of consistent selling with almost 12 months of, what people refer to as "jam tomorrow" or as I refer to as back end, potentially dare I say it (covid related) delays,we find ourselves here.
239% increase in revenue not 700+ and 3 weeks to go to shutdown.
Incidentally we don't know what else has banked.
There has been other activities in greece, USA, UK, Ireland, France I believe, Spain, Croatia and Italy. Bulgaria has been discussed along with Asia and Australia.
But with deeside and Billingham both potentially ready I wouldn't say hitting 700+%revenue for this year was off the table.
I also wouldn't count on 700%+ being the definite figure to give us profitability, who is to say 500%+ wouldn't achieve that (potentially a delay in revenue may be accompanied by a delay in expenditure too)
However the fact remains forecast €15m this year and I believe €68m next year (wasn't this increased due to delays and contract changes this year)
The share price will ultimately increase.
For all intense and purposes we are still £100m+ company doing £2m revenue...... When that changes so will the value of your shares. Trade in trade out and do what you need to do.
The fact is the projects are in play, they are big value projects and we have gone from 3/4 to 17 this year.
When they are a bit further along, the money for development will all be invoiced and hopefully the technology can be licensed under Wood Group for instalation on all their gasification projects..... How many is that..... That's the proper Jam..... When 10/20 sites are signed up in 1 go....
Good luck all.....