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Started: TrickyEFC, Today 08:47
Last post: pander12, Today 12:17
Try, what do you think the share price will be at the the end of this year? just another 7 months, an educated guess...
Well I do, so your post is wrong from the outset. I know a lot of others who do too so you're even more wrong.
I've mentioned many times that no one trusts this company for long-term investments anymore. It's advisable to opt for daily or short-term investments. Purchase stock and once you see a profit, promptly sell. Lol
Well that resurgence was short-lived. But then, no point in getting upset about the difference bwteen being 99.6% down and 99.2% down. I suspect I will be long dead before my widow gets the chance to recoup my foolhardy investment.
It is bluetoff, bit miffed this aint blue.
This has been a painful experience but great to see the progress made by management
Started: Bline59, Today 09:02
Last post: Bline59, Today 09:02
Now have a 1 year window to turn this into the monster it should be.
Started: gspanner, Today 07:13
Last post: Roadrunnr, Today 09:01
Now earning their way forward, not borrowing and dreaming - a real business.
If it works, it works. Anything to keep some working capital to get this huge chain of projects moving.
It similar to a loan off bank of mum n dad 😜
That finance deal was something else. It's basically "pay us when you've got the cash", that is a huge vote of confidence and to me signals they've had the nod that big numbers are starting to be invoiced. How many bags by the end of the year?
What an interesting day yesterday….
I still cannot believe they were able to get finanace on such favourable terms and much more favourably than previously. Particularly in the current market when so many other companies are having to dilute or just fail to get any support and go bust. I have no insider info but there must have been something they could show the lenders to make them agree this deal. (Not just the Italian facility!)
Totally accept they are not out the woods yet but given the company a fighting chance to get those big contracts over the line.
Started: tigermunchkin, Today 08:59
Last post: tigermunchkin, Today 08:59
Certainly possible if all goes well with progress in France and all the other ongoing projects now finance sorted and concentrating on the actual jobs in hand.
Held back by that big trade yesterday.
?
Started: fundamentalanalysis, Today 01:21
Last post: fundamentalanalysis, Today 01:21
EQT VS SUPER PHE
Started: ripley94, 14 Mar 2023 09:57
Last post: ripley94, Today 00:14
Up 42% yesterday on news of refinancing to 1.8p , they fell to a low of 1.1p last week.
Maybe even now a better time to buy.
AIM - WINNERS
Eqtec PLC, up 18% at 1.56 pence, 12-month range 1.00p-20.50p. The thermochemical conversion technology company secures refinancing of its existing secured lending facility. The new funding replaces the previous funding with a non-convertible secured term loan facility with no scheduled repayments until May 2026. Chief Executive David Palumbo says: "We are pleased to secure a new term loan with our secured lenders which we believe is a positive development for EQT. The material reduction in anticipated cash payments to the lenders, combined with the anticipated cash inflows from the Logik settlement payment, will provide a good foundation for EQT to move into a growth phase with increasing recurring monthly revenues from operations."
----------
Below dumped this one .
Chelverton Asset Management Ltd.....28/2/23
Liontrust Portfolio Management Limited ...30/9/22
Premier Asset Management Ltd..... 31/3/22
Mistake post below that was meant for different BB.
I see on 30/11/22 Arbuthnot Latham & Co. Limited & Redmayne-Bentley LLP got out.
5/10/22 Placing at 7.5p* a 14.3% dis .
22/7/22 They failed to merge ( take over PIRI ) now MINDFLAIR
ISA history looked at today .
21/5/21 @1.5875 eqv 158.75p
14/5/21 @ 1.638 eqv 163.8p
10/5/21 @ 1.76p eqv 176p
30/3/21 @ 1.785 eqv 178.5p
26/3/21 @ 1.84 eqv 184p
My brokers chart very misleading not taking into acc huge consolidation .
Google does .
Back in May 2009 this share was 1325p buy November 2010 they bottomed at 225p February 2011 bounced back to 475p
Declining ever since to last weeks 2.25p.
And to add more misery Irish so 1% tax on the buys .
Started: Beginnersluck1, 23 May 2024 16:42
Last post: Steamineagle, 23 May 2024 22:33
Agree.
Was down 98.88%.
So low I wuz numb and didn’t want to think on it.
Plus the dredded 1/100 consolidation.
I suppose it had to happen, otherwise we’d a gone under & out.
Many multiples down too.
Not disagreeing with you PDF, but a lot of the decline is on the back of the totally unwarranted meteoric rise on the back of the sector driven hype, which the company cannot be blamed for other than not taking advantage of it at the prices seen.
Still believe in the tech and the 'new' strategy is the right one, but it will be a long road back to break even for many and will take a lot of wins for the bod to restore some faith in their shareholders and for sentiment to change.
A brave move for those investing at these levels, but not one for averaging down, imo
gla
Same here, 98 % down. Not hopeful of a recovery with the current management in place. It's a shame as I like the tech. Someone mentioned covid / wars etc earlier, the only reason this is down is multiple dilutions / DP and JVL looking after their mates / terrible loans and ridiculous directors salaries at the expense of investors.
Im 98% down do absolutely no chance of a personal recovery but I certainly hope this tech works out for the good.
Started: TrickyEFC, 23 May 2024 16:10
Last post: Tame2017, 23 May 2024 18:48
Anyone else think that looks like a Director level trade ?
Massive sell. Has that been holding this back all day? Free to run now?
Date Time Trade Prc Volume Buy/Sell Value
23-May-24 16:08:37 1.66271 11,302,031 Unknown* 187.92k
Started: CherchezLaDeniro, 23 May 2024 13:19
Last post: Pandy2, 23 May 2024 16:15
However I’m still hoping. The tech still works right!?
I’ve kinda written this one off as I have with all my AIM shares bar AFC and ITM.
Tbh I don’t even know how far down I am here. I think I bought about £5-6k worth but they’re not worth a lot last time I checked! 40%rise would have been great back then!
3000%. Does that make the SP around 50p?
Call you send the link about HL opinion for 3000% rise
At a current mcap of £3.5m, and with Powerhouse Energy at £71m, Hargreaves Lansdown's prediction of 3000% may not be that far out. It's a no brainer buying at these prices
Started: SirSingh, 23 May 2024 14:06
Last post: stiarno, 23 May 2024 14:36
Same here, 98-99% down on a massive investment, but I follow the company very very closely, and they've been making steady progress. The headline figure has been the finance recently, but that has now been resolved, and all the background work that has been going on will now come to the fore. And yes, I do fully support DP and JVL, sure, they've made mistakes, but circumstance didn't help either (who could predict war, inflation and interest rates doing what they did?), so I hope and believe its onward and upward from here.
Me too, in fact, never lost my faith - just today the very first buy of £1000 was me averaging down.
Looking forward to 3k%!
GLA
Nope, I'm over 90% down but certainly haven't written it off. Honestly feels like there will be good times ahead and we're making the first steps forward, but still a long road back.
A very poor buy. Only those that have followed it understand the rinse and repeat pattern.
Welldone to the swing traders regardless. Money is money.
100 - 200% return from this level.
It’s wiped out 99% for most serious investors here. So welcoming the new money and then the story repeats in self.
Bounce baby bounce but most and I mean 99% of the investors on here have written this one off.
Am I wrong?
Started: CherchezLaDeniro, 23 May 2024 13:37
Last post: CherchezLaDeniro, 23 May 2024 13:37
Will not let me buy
Last post: iisback, 23 May 2024 13:28
Been waiting over 7 mins for fill or kill???
Last post: newgrange, 23 May 2024 13:17
INSP and AEG are basket cases. Don't listen to BS as his name says it all
1.90 to buy atm
Look Foxyjoe, 1.8p to buy, 32% up
To quote your continual rhetoric......Top notch and good job Palumbo
1.64 to buy atm
Consolidation was at closing on April 5th.
Started: RollonRetirement, 23 May 2024 08:32
Last post: RollonRetirement, 23 May 2024 08:32
Last post: Almostdone, 22 May 2024 23:31
Most share price rises with Eqtec have always been met with sellers, obviously not all are pi’s.
I rise like this with no rns must be viewed with suspicion. For the large holders to offload at a profit the share price must bounce up.
PHE’s Rsn and rise will draw attention to this sector and is a perfect excuse to let the sp rise for the selling to commence.
Not once, nor twice nor thrice bitten, not being bitten again.
High inflation was an unfortunate period for Eqtec and other similar companies, stifling any investment, and creating financial woes throughout many small companies. However taken from the news today:-
"The broad picture is of inflation way down, expected to stay down, and of interest rate cuts on the way."
This will make a massive difference to companies like Eqtec, and will stimulate growth and investment.
C909, i don't agree with much of what you post and think the daft repeated name calling of the board detracts from the points you're trying to make. However, some of your views around the financial partnerships do resonate and this latest post was bordering on being a balanced and constructive read. Maybe we really are turning a corner and the SP will gather some momentum as good news starts to land after all. Onwards and upwards.
The issue isn’t the Technology it’s the financial mismanagement of Dumbo and pals that is the issue.
PHE are way behind EQT in the lifecycle, and many things that EQT have gone through are only just coming up for PHE, even down to the patent challenge and their pilot “MDC’.
What can be said clearly is that the PHE management don’t have vulture investors in bed with them that are happy to suck the life out of the company for the price of a mars bar, and all EQT’s issues lie with the financial shenanigans undertaken by Palumbo to protect his mates.
Piltick, that post is a complete fabrication. Post some evidence to back up your claim.
"With pages of compelling information "
Yet the BOD only ever do a token buy before they drop the usual placing RNS .
Strange eh !
"I got a full interview with DP and JVL with pages and pages of compelling information. This is the right place to be."
Any of it put into the public domain, where they can be held accountable?
PHE up 153% last 12 months
EQT down 94% last 12 months
If Palumbo dosnt do a sickie at the AGM wonder will he be using PHE as a were all a POS comparison or blaming the markets again.
Definitely not Palumbos fault isnt that right Dave.
I wish they would let us investors in on this compelling information, and the wider market. For 2 + years we've had grim news and 'restructuring'
I have done. I got a full interview with DP and JVL with pages and pages of compelling information. This is the right place to be.
Started: Trytrytryagain, 21 May 2024 16:54
Last post: Elchipper, 22 May 2024 10:44
Put a sock in it BurrenBoy, your comments add nothing valuable to the board. Constant one or two paragraph doom mongering with no insight or wit. Makes me blink extra hard whenever I read one of your posts.
Image a few years eqtec were being touted as a 50million company?
Shafting private investors is not a good look for any company, no matter the potential.
Better to be in a bubble going high, eqtec is in a bubble of doom!
Ttta
Re your post of yesterday at 16.54 and with all that going for us, why do you think we are so undervalued?
Started: HallsWorthy, 17 May 2024 07:06
Last post: mjallen, 20 May 2024 21:18
The company is still a gamble either way you look at it. If your trying to claw back some extra then try it. Personally I would hold fast and await for end of year audit results. Company is still sound despite our resident whingers but its going through a transition back to a service company that originally floated at around 30 p a share years ago. I posted on my other holding in PHE that these sorts of gasification plants has a history of taking over a hundred years to turn from candles and whale oil lamps to gas lighting from coal into town gas for lighting. And then onto to North Sea gas for a multitude of lighting, heating and business use. Its not going to happen overnight. If anyone thought this was a quick profit route try spending 50 years in my construction trade of electrical engineering and then you may understand the difficulties of putting such plants together.
Is it worth starting to average down from 0.20 or should I wait for more positive news hmmm
Riverfort will be happy to keep racking up the high interest rate and take the portion of the £2m from Logik. The £2m will be very handy for cashflow management. The key to todays RNS is that they have already agreed a term sheet to presumably try and get rid of all these sharks that DP has been feeding. We just need for this to convert. My expectation this relies firstly on £2m from Logik. Secondly it probably will be secured against the IDEX contract or potentially North Fork or Larissa. We do have assets so secured lending shoudl be possible. We have 50% of Italy so this is now generating cashflow that could also form part of the security. The sooner we can jettison the likes of Pitcole, Catalyse, YA and Riverfort the better as they have been killing the share price the last few years. I am feeling a lot more confident that the secured lending will be secured and hopefully we should be moving to a positive cashflow position as Idex will advance money and we will then supply equipment. it is then a totally different company. However we need to see some of this happen before investors might see some light at the end of the tunnel.
The main issue now is that no one can work out what is going on, how much debt they have, how much revenue they are generating, what any margins are on that revenue, how sustained it is?
Does anyone have a breakdown of shareholding percentage and total shares issued as of today?
The immediate term risk is how Riverfort choose to play their £5m debt. As part of the refinancing this was converted to a loan secured against the assets of the company last November with repayments of circa £200k per month deferred unit this month (May). The company previously warned of the risks of default in this regard.
It has been agreed that Riverfort will immediately get £400k from the logik settlement plus convert £200k of the o/s debt. Looks like they are covering the first 3 months of repayments due with this set up. The big question is what do Riverfort then do and how long do they leave it before calling in their loan and seizing control of the assets.
My instincts are not long. With the company currently losing c.£500k per Qtr they would be burning their way through c£1m cash per Qtr incl. loan repayments. Simply not sustainable. Riverfort will not want to sit back and watch DP reward himself using the logik funds. I suspect they will give him a bit of time to see if a rabbit can be pulled out of the hat with this new potential funding option before pulling the plug. Deals will be struck and the inevitable ensues.......
Started: mcco, 17 May 2024 15:13
Last post: mcco, 17 May 2024 15:13
Last year the 2022 results were published in April and AGM was on 21 June.
I may have missed an announcement about 2023 results but I am concerned that the auditors may have a problem signing off on a going concern basis and this can’t be improved with Verde pulling out.
The RNS suggests that there could be recourse against Verde but that would depend if that would be worthwhile
I’m holding as it’s not worth my while in selling at a 99% discount to my bought value. Now, if I had been successful in other investments then a CGT loss could be useful, but alas……!
Started: Foxyjoe, 9 May 2024 16:06
Last post: Foxyjoe, 17 May 2024 14:32
1.05 to sell
Top notch Palumbo
1.06 to sell.
Palumbo keeps delivering
1.07p to sell.
New low from Palumbo.
Verde .......
Further to its announcements of 19 April 2024, 2 April 2024, 13 February 2024, 22 February 2024, 29 February 2024 and 11 March 2024 .............
We wait to hear from Dumbo Palumbo tomorrow, or will he wait to midnight in case Verde come through at the last second
But that's the thing most PI's don't vote, they generally abstain. I've seen votes where the outcome defined the survival of a business and only 60% of the voting rights were cast. The thing is it's easy and there's no excuse, you should always consider all resolutions at AGM's for all shares you hold. Just email your broker what resolutions you are for or against, it's not like the old days where you had to attend the AGM to vote.
Started: tigermunchkin, 17 May 2024 09:00
Last post: tigermunchkin, 17 May 2024 09:00
No point in messing about we know the value is considerably more than the stock market valuation and must be worth a punt rather than lending.
I feel like this is good news tbh, less dilution.
That's probably because 12% of not a lot is exactly that, Not a lot 😁
Just quietly buying more .
There are plenty of people who care, joojoo66 but their discussion is elsewhere. Mostly whiners here....
Just goes to show what a sos this share is, jumps 12% in one day, and no-one cares, only 10 comments, including this.