Member Info for chilting

Traders will obviously benefit when the JV is announced and will make a good profit.

But its the long term holders who will benefit the most.

I have held since pre-consolidation days when the SP was around 12p and have top sliced profit when the SP went overbought on many occasions.

But the shares I have left now won't be sold anytime soon because I can see the SP being well into AHT territory within the next five years.

The turbulence continues and M&S can only benefit.

A vote of confidence in Dame Sharon's leadership by JL partners is unlikely to end well for her - it seems that up to 85% may have lost confidence in her after another year of lost bonuses.

The partners cannot oust her but its difficult to see how she could continue in the job with a big anti vote.

Fuel cell Transit trial.

https://www.lse.co.uk/news/OCDO/ford-to-test-small-uk-fleet-of-hydrogen-fuel-cell-e-transit-vans-dhww5n6v4scc5nn.html

The main thing that is needed is a positive change in sentiment.

That will attract the long term holders and traders to EQT and propel the SP much higher, probably into overbought territory.

To get that we will need to see a constant chain of good news and no negatives - it is possible, I think, especially with good news expected and other "slow burn" projects pushed into the long grass.

Yes, totally agree Savvy and even if it wasn't the final seal of approval, they must have least discussed the JV and advanced it in some way.

Also, its obvious from the other news stories that they are finding many uses for fuel cells in various R&D projects, so its likely that when the JV is signed there will be demand right from the start for fuel cells within the Weichai group as a whole, including the other affiliated Shandong Heavy Industry companies globally.

Sad to see it come to this.

They were flying high when I was a shareholder and could do nothing wrong, but even then it was clear that they were trying to run before they could walk. The UK operation wasn't anything like perfect and to expand overseas was reckless.

Now it looks like they are heading for a pre-packaged administration with investors being the biggest losers.

More news updates on their website.

This one looks back on their advances in 2022.

I think some of them may be new to us.

Such as -

Developing a hydrogen powered fuel cell tractor.

Demonstrating hydrogen powered fuel cell HGV's for port operations.

Demonstrating hydrogen powered 49 tonne HGV's on a 240,000 km highway.

https://en.weichaipower.com/media_center/news/202305/t20230508_93400.html

I think that the logic behind the purchase is to give Ocado Solutions partners more options and potentially attract more partners. GRS seems to offer a solution to integrate larger and outsized items onto the Ocado platform.

If you actually do know the Biochar market you will realise that quality is the issue.

It has to be good quality to find a market.

Eqtec with their high quality product are ideally placed to fully benefit.

There is a massive global market for Biochar.

Apart from the obvious use for farmers as a fertiliser, this 70% carbon source is used in animal feeds, for sanitation, cosmetics, construction, filtration, medicines, tech hardware and a myriad of other industrial uses.

It is also being increasingly traded by corporations, such as Microsoft, to offset their carbon emissions.

Just this from todays Results RNS -looks positive.

"Engagement underway toward Ireland-based projects in support of power, RNG or ethanol production to support Ireland's IT services industry, de-carbonise the national grid and create autonomous, sustainable alternatives to traditional energy solutions."

Computer
On the face of it you are correct, but you have to give DP time to turn the company fortunes around - it ALWAYS takes much longer than anticipated especially with new tech and large capital projects..

EQT is a seriously good punt now for new investors and for extra investment - the best is certainly still to come.

Don't focus on the UK projects to much, they may still take many years to provide revenue, its the French, Italian, Croatian and US projects that will turn the company around.

Yes, certainly a downer for investors in 2022 - best forgotten.

The focus on the future pipeline tells a very different story with plenty to come this year.

Eqtec basically became a new startup under the DP leadership and still has some way to go to get to profitability, but he has built up the pipeline to such an extent now, that investors can be confident that the business is in good hands and will eventually be a good investment.

Yes, expecting the results to be pretty dire but then that's generally the case with growth companies, especially ones consuming the cash.
It is as always about the outlook, and that's starting to look promising.

Yes, SP is following interest rate decisions at the moment with the volatility greatly enhanced by the shorts.
Very much like oil stocks follow Brent, but at least we haven't got the politically charged EPL to deal with here.

The net result of the consolidation today was a pull from the downside, so its over to the buyers now to take advantage.

The after consolidation SP shows a big spread at the moment of 3p - bid 57p offer 60p - but mid price is 59.40p.
So it seems that trading is not yet smooth.
Hopefully the situation will resolve itself before close of trading.

It says a lot about post Brexit UK that arguably our most successful Tech company has turned its back completely on London and will go for a NASDAQ listing later in the year when Softbank sell their asset.

It says a lot about post Brexit UK that arguably our most successful Tech company has turned its back completely on London and will go for a NASDAQ listing later in the year when Softbank sell their asset.