Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Palumbo is one of the best CEO, he plays in a league of Steve Jobs, Warren Buffett etc. Just have faith, EQT has a piece of tech that nobody else has in the world, this will be deployed at large scale and he will make us rich.
Just link their syngas to the H2 platform and rhe west will be independent from chineses supply chains for PV, batteries etc. Why making rich the chineses when you can solve enviromental problems with PHE, EQT and other comopanies (look at what Linde is doing, Air liquide etc)
H2 economy is the right economy for the western world, and if you build a portfolio with PHE, Air liquide, Linde, BASF, EQT and other relevant players you will enjoy your retirement relaxing from your 5th yacht in Bahamas after spending some months in Gangnam-gu partying and boozing
Stop complaining and load up until it is cheap
And he is still underpaid. Lol
Been another fantastic month for Palumbo and the BOD here in this POS .
After 57 months in charge its amazing that he still extracts more in wages per month than all the combined income earnings from the 27 staff.
Any wonder they need a £3m placing every 6 months.
Why am i thinking - oh dear - nothing new to see here - just more excuses from this hopeless company. There is never any good news - just feel that the bods are stringing us along hoping to squeeze another month's pay out of nothing very much. The narrative of er not good news never seems to change!
Shambolic, the smirking idiot Palumbo will have already spent this cash so when it falls through as it obviously will he will need to get the urgent discount begging bowl out again, just to give shareholders another kick in the nethers!
how many times and how many different ways can the idiots that run this company screw up.
Sentiment will only change with a change in management, simple as !
Positive news on North Fork has been a long time coming, much like everywhere else.
It could be a catalyst for some SP movement, but I would not be at all surprised at anything here at present. Certainly not expecting huge gains on news, but anything that can start to turn the tide of bad sentiment here and at least give the SP a positive nudge would be a start
My guess is Verde are waiting for Northfork to go live before committing. This should be any day now according to Pheonix.
verde were clearly hoping to churn these shares and make a quick buck, now they are looking at the shareprice performance like the rest of us and thinking *******kkk!
palumbo and jv liar have probably spun them a yarn again but the emperors new clothes are a bit worn thin now !
This is the type of thing that happens when your credit rating is zeroed and the only lender you can get is “yes car credit” or “ocean finance”.
Another quality financial decision from the master financier that is smirking Palumbo.
Not surprising though really, the D E L A Y buttons must be worn out on Palumbo’s keyboard, they are the only ones he really uses.
Its certainly embarassing they cant seem to be able to organise a whipround at the local pub with what appears to be poor communication from both parties. I suspect any update on operations will happen once money is deposited. DP has got us to this point. However the market cap is at an all time low from bitter investors offloading their remaining holdings as they probably could not stand to see the 90%+ loss on their investment which was done on what DP and Align was all saying about the future but it was really just DP hoodwinking investors as when you look back DP barely ever invested in Eqtec stock and i am sure he just about to organise a boatload of options for himself and the board st these levels. We will see. I am fully supportive of technology and we have plenty of value in the business but little confidence in the board from the last 3 years of RNSs that were retrospectively overly bullish. We are where we are but we are in an interesting position where the market cap in unhinged from value but trust in the board and what games they might be up to is the bigger issue.
Another top notch partner for the " global technology innovator " all going well again .
Never mind it's just a months burn throuth they were banking on for wages .
Why not fast track the routine Altair confetti forward selling placing due in May to April then.
Sorted.
Maybe they don’t want in on scamutec
Can you tell me where their nearest operating plant is?
I have an inclining you already know that answer.
BTW can you tell me have eqt any plants operating at a profit and how many out of the pipeline 200 are operating ?
"Eqtec down 92% in 12 months" so very similar to PHE in its period October 22-23 then? Outside of this spike, they're almost the same. Can you tell me where their nearest operating plant is?
Palumbo, Jeff and Pearce( ex labour MP )remind me off 3 card shy sters you use to see on Oxford street conning the tourists and gullible.
Eqt down 92% in 12 months .
Phe down 9% in 12 months .
ITS ALL LEGACY AND THE MARKETS FAULT GUV.
So your saying forget about scamutecs past and invest more
Pmsl really I hope you haven’t been driving whatever you’ve been smoking
Wow
Eqt without the current duo in charge could be the most attractive investment in the sector today, for a medium term return, with them still in charge I’m afraid the share is toxic. The duo’s shenanigans and downright dishonesty is always overshadowing the company. Many investors will have taken the time to review exactly what news they have released over the last 36months and be bewildered how the narrative of pipeline of pipelines , tier 1 partners, and joint agreements ends with latest 6 monthly revenue figures of just £142k, more equity raises than you can count and a MCAP of £4m.
With the duo still in charge every piece of good news will always be questioned with “what are they not telling us this time”
The next 6 months will determine the long term future of this company, without Palumbo and JV Liar it will fly, with them still at the helm it will always struggle to recover its reputation
While some matters are distasteful, albeit i do not think intended given all employees of Eqtec will have lost money and once you get past this and reset and relook at Eqtec you will quickly potentially see a large scale multibag opportunity without even a great deal happening that we sre not expecting over the come 18 months. We will see how this plays out but obviously for many who only made a single investment i doubt anyone will recover the losses and that their stake today is valueless. That is a considerable tragedy and agree DP and JVL have a lot to answer to on that. However you need to reset and relook imho and look at this fresh and probably recover losses of the past.
Well Dumbo David or Pillock Palumbo whichever you choose to refer to him has to be sat (still with the smirk on his gob) and wondering why PHE gained 65% today with 1036 trades while EQT drops by 2% with 36 trades even when we are sat at a crisis valuation.
Well Dumbo it's down to you printing confetti over and over again quadrupling the issued equity during your tenure, no one believes that you won't raise again and again and again. so why would they invest here while you are still in charge!
You have raised, borrowed and failed to increase revenue, the full recipe of destroying investor sentiment and whilst the company isn't profitable, soundly biting the had the fed you. You absolute incompetent charlatan.
We will see the valuation of the mythical "Assets" that Palumbo has spread across the world at shareholders expense when/if the trading update is published.
@Simms your comment regarding "a lot of the £50M" being invested in Italy is way off the mark, EQT's shareholder loan listed in its last accounts for the Italy MDC was £1.6M, not even Palumbo or the CFO that couldn't count can claim £1.6M is a lot of £50M.
Palumbo and his pals have squandered millions and brought this company to the brink of existence with mismanagement and vanity.
Palumbo really spent the last two years blaming the market for the share price action, his favorite saying was EQT was performing in line with its peers, how is that looking now David, now your actions have turned EQT into the leper of the sector.
I am happily building a new position as the company is worth more than £4m and given we have limited debt and a lot of valuable in assets you have to remember a lot of that £50m was invested in Italy, the US and elsewhere. While the company has written off the investment on its books we all know Northfork is about to be commissioned and go live and i expect that Eqtec will retain its 49% stake on similar once the dust has settled. this will lead to a $10m valuation that will be sold or refinanced. We also have a relatively solid case with Logik (spelt correctly) that is worth up yo £4m potentially + costs. There are assets like this littered around Eqtec that on commissioning of the plants will grow in value. if you simply get past the point of thinking Eqtec will survive you quickly see a company overnight worth £10-£15m and then with successful contracts with Idex incoming and more projects in the US will grow to £50m shortly afterwards. The downside is the bad taste left by the board in their poor risk management and potentially their relationship with altair and others who might have been selling us down the river. obviously if the share price was not bombed to this extent we would not be so upset.i am confident there is a lot of value in excess of the current market valuation that will be repatriated.
I told you weeks ago to buy PHE and now I tell you to load up as much as you can of EQT with these rock bottom prices, trust me and stop whining like a little baby: the board of EQT is just doing good, the market was unfavourable, they did no mistake but the ones that trust the company and buy shares will be rewarded. Buy 1000 shares now and in 18 months you will use the money to buy one Ferrari and one Aston Martin since you will not be able to decide which is better so you will take both
PHE's shoots of recovery is proof there is still investors willing to put money into this sector, problem being none of them trust the EQT management as far as they can throw them. It will take a lot for investors to recover any faith here after being diluted/destroyed so severely.
Palumbo and JV Liar have to go if we are to see any recovery in EQT, I still don't understand how the bad smell ,that this duo are, is permitted to remain in their jobs after such poor performance.
If the CTO needs to remain (and he hasn't covered himself in glory) then so be it, but Palumbo and the Liar surely have to go, and good riddance!
"Stop point fingers "
Justifiably it's fingers ,thumbs and toes being pointed at the incompetent lifestyler management here.
like the old adage how did Palumbo and the BOD turn EQT into a MCAP of £4m ?
Squander £50m+ for starters.
Palumbo" loads of experience " according to the incumbent chairman who incidentally continues to be on a nice little earner like all of them after trashing the shareprice and diluting shareholders too oblivion.