Member Info for bandicoot

Says it all really. Extremely undervalued still. Although, I was absolutely delighted that I was able to top up at 1.10p. I expect a very promising trading update confirming profitablility for the year. The biggest finanial closures will come during Q3, Q4, as Palumbo stated.

September 7th 2020 - Share price: 0.5p
7th Sep 2020 - Agreement for Southport Hybrid Energy Park Project.
18th Dec 2020 - Agreement to acquire Billingham Project.

December 18th 2020 - Share price: 1.15p
4th Jan 2021 - New Unsecured Loan Facility and Riverfort Facility
8th Jan 2021 - Nobilis of Greece MOU & growing ewerGy partnership
27th Jan 2021 - Planning approval secured for Billingham Project
9th Feb 2021 - Exclusive collaboration agreement with Logik
26th Feb 2021 - Billingham Project Land Purchase Agreement
11th Mar 2021 - Collaboration Framework Agreement with Toyota
22nd Mar 2021 - Trading Update - Aries Complaint Dismissed
17th May 2021 - Acquisition and recommissioning of Italy plant
28th May 2021 - Placing & Subscription to raise up to £15 million
21st Jun 2021 - Financial Close of Italia MDC Project

July 15th 2021 - Share price: 1.15p - Now tell me we're not oversold, anything lower than this is criminal.

In the last trading update Palumbo stated:
"Over a dozen new opportunities in Greece are identified for 2021 - 23 with a handful of those targeted for 2021. 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."

"Two other UK RDF projects are expected to progress in 2021 with similar milestones to the Billingham project: one in Deeside, Flintshire with co-developer Logik Developments Limited and one in Southport, Merseyside with co-developer Rotunda Group Limited. Subject to Financial Close, construction is expected to commence at Deeside and Southport in 2022."

"For 2021, the Group is targeting considerable, contracted sales growth from 6 - 8 projects across Europe, including new technology collaborations and the Company's biggest project yet, the RDF-to-energy facility at Billingham, UK"

"Revenues from inflight projects, new projects and gradual growth from maintenance and consulting contracts are forecast to be approximately €15 million in 2021, with positive EBITDA, which would make 2021 EQTEC's first year of profitability."

Financial closure of multiple huge UK projects just a matter of time.

Projects making progress: https://twitter.com/VanderGazoo/status/1414888013826510850
Forward thinking marketing strategy: https://twitter.com/eqtec/status/1415230574378246144
Uk GOV getting onboard: https://twitter.com/eqtec/status/1414529551082917890

That stop loss sweep was one of the dirtiest moves I've ever seen on AIM.
1.2p -> 0.95p in a matter of seconds.
No regulation here whatsoever, seeing that kind of behaviour really makes you think twice about where your money is.

Just picked up another 700,000 shares at 1.10p. Bargain. I saw 0.95p at one point but I missed that. As a LTH I cannot complain about the oppourtnity to pick up more shares here at these prices. Clearly another stop loss sweep today. News coming soon IMO, trading update and financial closures are a matter of when not if. Some promising info:

https://twitter.com/VanderGazoo/status/1414888013826510850
https://twitter.com/eqtec/status/1415230574378246144

@V111JAS aiming that comment at Elon Musk is foolish. Let's not forget that Musk/Tesla re-invented the car, and is single handedly responsible for beginning the world's transition to electric vehicles. Without him the electric vehicle market would not be where it is today, that's a fact. Tesla also developed the battery technology that makes long range electric vehicles possible. Those same batteries are also used in Tesla's gigafactories to store solar and wind energy.

Also, the SpaceX Starship is the most ambitious project of all time. A fully re-usable rocket, and the biggest vehicle to ever fly. It has never been done and the physical challenges around that are incomprehendable to most people. I follow the project very closely and the innovation/speed of development at Starbase/Boca Chica is unbelievable. SpaceX are a perfect example of how things should be done. They have the best engineers in the world, because becoming a multiplanetery species is extremely important to secure the future of human life.

I'm not a ramper, quite honestly I couldn't give a toss what you or anyone else does with their money.

Funny how Charlie and his other 3 accounts can speculate "sub-1p" prices but nobody else is allowed to speculate. Classic goon. You criticise people who provide research, accusing andii of "losing people's money". When all you do is spout garbage. Shall we all acuse you of losing people's money when this rockets?

Your only evidence is your observation that "that the share price is going down". What a genius. That's how the stock market works, up and down. The share price we're at now is where we should have been had we not had that huge overbuying period. Yes it can still go up and down, but there is certainly more prospect of it increasing substantially over the next 6 months. I'm still up 150% since September last year, which is a fantastic return in my eyes. Play it right with a long term mindset and you really can't lose on green stocks like this. Patience.

There's been nothing but positive news for the last 6 months. Bottom line, the price is down due to a HUGE sector/market correction and recent dilution. Has absolutely nothing to do with the companies prospects.

I don't know why anyone is fearful because the outlook here gets better every month, despite the SP performance. Fantastic news on a financial close, easy profit. I'll still be here in 2025, 20-50 bagged. When it happens I'll buy Charlie a J2O, since he probably still won't be old enough to drink by then. Just filtered you too.

Have a good day chaps.

This is only going way way over time. Are you really going to settle on a loss when we could be 5-10p by EOY? Absolutely beyond me why anyone would sell at these levels. In my eyes it's almost impossible that this company doesn't succeed now. Everything is in place, just a matter of time. All this doom and gloom is based on zero evidence, fuelled by a cool off period from a huge overbuying period at Christmas.
Massively oversold now, which is bullish. This'll move quickly soon, was here for the last wave and I'll certainly be here for the next one. Still up 150%, no risk for me so happy to let it play out for the next 2-3 years. We're going to fly past PHE, I've said it before. They don't even come close to EQTEC's business model.

Placing is great news if you know how to read it. No doubt this cash will be used to secure more projects and deals taking the share price even higher. Great time to buy in at a discount before an awesome run into 2022. This next wave of news will be the one that really moves us IMO. Can see this flying back to 3p.
Short term holders will be salty but as a long term holder I'm happy to see growth.
Good luck all.

@superbarnet
"The Company will make an application to the London Stock Exchange plc for the 27,932,961 new Ordinary Shares. It is expected that Admission will become effective and dealings will commence on or around 21 May 2021"

Completely agree Ophidian. Q3 - Q4 news run will be juicy. 2022 will be nuts if all goes to plan.
Nice to see the whole sector pulling back after that huge drop.

It appears we've had our bounce. The 27m new shares must've been issued yesterday.
Up we go.

I'd be more worried if it were just EQTEC falling, but it's not.
Look at the whole sector. AIM is getting smashed atm.

well, he's embarrassed himself.

My thoughts exactly this morning.
All my holding have been getting smashed since most 2020 earnings reports were published.
I guess the whole market is adjusting to COVID damages.
If this is the last of the extreme volatility I'll be happy.

Past 1 year performance:

EQTEC PLC
GBX 1.57
+726.32% (+1.38) 1 Y

Still up 700% even after this large sector pullback, says a lot.
Change your perspective to long term. We're going in the right direction.

Sector is still generally following ITM at the moment. Downhill.
Not worried. Nobody will be ignoring this company when the profit rolls in. That's a fact.
EQTEC technology is operational as we speak.

Why worry about the short term share price? You don't invest in the share price, you invest in the business, LONG term.
The potential here is still stronger than anything else I've seen on AIM, and if you disagree show me your evidence. In a dry news period it is natural for the share price to slip, in the eyes of the MM's this is a great opportunity to gather cheap shares ready to sell at a premium when news eventually drops (and it will). I think our next run of news will be the best yet, taking us well above 5p in Q3-Q4. All we're seeing here is impatient investors leaving because they are looking for the next "hot" stock. I imagine a few are sitting on the sidelines waiting for the "bottom", but that's a dangerous game to play here because one solid RNS and we could jump to 2p very quickly. The fact remains that we've had no negative news since the Aries case was dismissed. We also haven't had much big news since then, but that doesn't de-value the company.
The way DP is growing the company is brilliant, he's been CEO for a year now and has delivered the goods during arguably the most difficult year for a century. He deserves a lot of credit IMO, way more than he is currently getting from some people here. Write a long list of what he's achieved at EQTEC to date, and it's damn impressive. I am extremely confident that under his leadership, 3-5 years from now this will be a monster company with a multi-billion pound valuation. I am willing to wait.

Looks like we could have a blue finish today! I imagine MM's collected a lot of shares on that pullback. Spread has been very tight on HL today, when I topped up earlier I could buy and sell at 1.70.

Nothing has changed here. Still undervalued with proven technology and a rock solid business plan.
Sucks to see your cash decrease, but remember that the company itself is growing each day. It is inevitable that the true value will be realised over time. Be patient.
People were happy to top up at 2.5 - 3p, and we've had a lot of significant news since those highs, making today's price an absolute bargain. I topped up today, could still drift a little lower until news but can't be too greedy. Managed to add another 300k shares to my holding on the way down so can't complain. Most green stocks have bottomed out now, which naturally makes the sector bullish/attractive again. A good few weeks of news and we'll be right back up at 3p and beyond.
Nice to see some familiar people still here, have a good weekend all!

Found a 2 year old video with some interesting comments about the Mankayan site. The 2019 deal (now terminated) would have had a "significant impact on Bezant's balance sheet, with several orders of magnitude" at the original sale price. One can only imagine what it would do for us today. You'd be mad to sell this, I will hold here for as long as it takes. Patience will pay.
Video: https://www.youtube.com/watch?v=LNAC_mxmag4