Member Info for Alcoops

Lots of financial expertise on the board of EQT.
The next news won't be a new partner or pipeline deal.
It will be a strategic route to market EQTEC FINANCE
Wood group news.....
An enabler to close the pipeline down and commit it to business

I expect everyone is fully loaded and going nowhere.

Zzzzzzzzzz!!!!!!

I’ve had more exciting days watching Arsenal!!!!

That’s a good idea reg, but I’m not sure anyone wants to get stuck in the middle of this
https://www.constructionenquirer.com/2020/09/29/mw-group-faces-133m-claim-over-hull-energy-plant/

Ahh ok working as an average across all nine !!!
That makes more sense. Thanks again

I’m sure we all know what speculate means but here is an online definition for a speculative share

What Is a Speculative Stock?
A speculative stock is a stock that a trader uses to speculate. The fundamentals of the stock do not show an apparent strength or sustainable business model, instead, the trader expects that such things may one day come about for one reason or another. For the present moment, however, the price of the stock is comparatively low and holds a high degree of risk. This may be a penny stock or an emerging market stock that the trader expects to become much better known very soon.

I like this last bit “much better very soon”

The reason why the share price hasn’t already risen is simply lack of financial closure.
(6 or 7 expected in 2021)

So the part about having an unsustainable business model ( whilst factually correct) holds little bearing unless all of eqtec pipeline fails to close ( almost impossible I would think)

So much upside so little downside......IMO GLA

Thank you.
So with canaccord having a bigger spread there is more potential for buys to be marked as sells etc and vice versa

Hi DerSack
This is a part of trading I can’t seem to quite grasp. So in the info you have listed some are shown as buys and some sells
Clearly you are suggesting all buys ( certainly seems they are) my last purchase at around 2.2 a few weeks back for 900,000 (ish) showed as a sale not a purchase.
How is this information relayed so incorrectly, and secondly is there a purpose to it.
Is it done so to deliberately misdirect investors or is it the system (software) that was adopted recently ( taking that from someone’s recent post
All a bit hazy this part for me!!!

Great commentary folks!
USA starting to sound better and better, seems as though funding is less of an issue, was the expression “shovel ready projects”

Nope not me!!!
Have they done one in the past?

A “handful” of expected deals in Greece for 2021

In Croatia 2 deals expected in 2021

In USA 1 being built, 1 in planning permission, 1 in DD Stage

In Ireland 3 pipeline deals 1 expected Q3 2021

Teeside, Deeside & Southport all moving forward

These are all independent of a Wood Group Collaboration ......

If eqtec needs to get something over the line I don’t think it’s going to take long to hear something very positive

Given the pattern of up on good news and a steady creep back down you would normally try to sell at the surge and buy back on the slump but if you miss a bulletin you might not get back in.

Sitting, holding, waiting ..... £1b MC.
Closing deals
Making profit
Increasing pipeline

The writing is on the wall ......

The story with Canaccord is yet to materialise.....
I don’t believe all the cards are on the table yet.

Aandi reminds me of a situation years ago where a firm I worked for was undergoing huge changes. A new manager came in with the “manual of change”
He said “I’ve read this book from cover to cover” and just as it went deadly silent in a room of about 70 people, my pal turned to me and said “but he didn’t understand a f******* word of it” thus marking the end of his career.
You have to wonder sometimes, the answers are all there ......... wood for trees and all that!!!! (No pun intended)

In addition wood group are not having the best of times
https://www.investorschronicle.co.uk/news/2021/03/16/wood-group-tumbles-deep-into-red/

It would make sense to introduce 3rd parties who specialise in funding deals

Wood group signed a contract with Resilient Cities Network

https://www.woodplc.com/news/2021/wood-signs-new-partnership-with-resilient-cities-network

We bring together global knowledge, practice, partnerships, and funding to empower our members to build safe and equitable cities for all.

Eqtec

Our proven, proprietary and patented Advanced Gasification Technology creates uniquely pure, high-quality syngas. This is the ‘magic’ behind our low emissions, our high operating hours and our compelling business models. It is our mission to bring our pure syngas technologies to more people and communities everywhere, for cleaner waste management, cleaner energy and a cleaner world.

https://www.woodplc.com/news/2021/wood-strengthens-sustainability-commitments

https://www.mrw.co.uk/news/optimism-over-new-plants-despite-loss-at-eqtec-20-04-2021/

Accelerated pipeline growth through strategic partners: An additional 17 opportunities added in H2 2020, bringing the total pipeline to 58 at the end of 2020 (a further 17 were added post period, between January and March 2021). Financial forecasts indicate profitability in 2021Since the announcement of the Group's interim results in September 2020, the number of opportunities has grown from 41 to 75, an increase of 83% over six months.Over a dozen new opportunities in Greece are identified for 2021 - 23 with a handful of those targeted for 2021.Collaboration Framework Agreement was completed with ewerGy for 13 potential new projects in the Balkan region (notably, Greece and Bulgaria), with exclusivity. In Croatia, the Company is finalising legal execution of a joint venture with local partner Sense ESCO d.o.o. that will pursue a portfolio of projects there including two in 2021 and a further two in 2022. Forestry waste in USA: Projects are being developed with US partners, Phoenix Biomass Energy LLC ("Phoenix") and a full planning permit is progressing for a second project with Phoenix in Napa, California. Technology due diligence has been completed successfully for a third project with Phoenix, in Wilseyville, California and has already received indicative non-binding terms for funding.The Company is excited to announce that it is pursuing recovery of two plants built with EQTEC technology. The two plants are expected to be acquired in 2021, with the first acquisition nearing contract completion.In terms of new markets, the Company has seen a significant increase in new interest from Asia, the Middle East and Australia, including direct approaches by potential delivery partners, including EPC companies and their suppliers.RDF Billingham Project in UKRDF Deeside Project in UK:Southport Hybrid Energy Park Project in UKCollaboration with Carbon Sole Group, Ireland With an immediate pipeline of three deals, planning application for the first deal in Shannon has been submitted and a decision is expected in Q3 2021.Innovation, Research and Development: In January 2020, the Company received approval to carry out tests utilising Refuse Derived Fuel ("RDF") In October, a Technology Review and potential collaboration with Wood Group UK Limited commenced."I look forward to our delivery of further growth and profitability in 2021 and beyond."

https://www.proactiveinvestors.co.uk/companies/news/946898/eqtec-to-move-into-the-black-in-2021-946898.html

17 new projects this year
Increase in pipeline from €559m to €657m
That’s €98m in 10 weeks ( March 22 update)

Lots of figures in this RNS
it crosses over with updates for this year but I don’t feel it gives accumulated totals
It states where we were 2020, and spells out we have got off to a flyer but this RNS is historically looking at 2020.
There appears to be another story to tell which includes Cannaccord & Wood Group. Is this deliberately vague?
I don’t believe the cookie jar has been fully emptied.
More to come IMO