Member Info for Computer909

‘hoping it might be the Italian MDC refinancing RNS‘

When do we class “summer” as running to, just wanted to know exactly when we can say they are late once more, also there was also no mention of which year they were referring to?

Altair are onto a sure thing, if the shareprice rises they are a winner, and if the shareprice falls they just offload knowing DP will give them the shares back at a lower price, Win/Win

‘Domi Ost‘

Any track record to be found? Appears to be registered as a holding company for their own property?

Principal Activity:[6810] Buying and Selling of Own Real Estate

‘Domi Ost‘ not exactly tier 1 partner, looks like an absolutely nothing RNS with no substantial worth to EQT (as yet)

Exactly what is this guy going to bring to any design and development phase of any project? It appears that Domi Ost is a one man finance consultancy, is this not what the EQT corporate centre should be doing anyway?

Reports to be a no cost agreement but where is the guy getting his cut from in any project? Another strategic partner to pay in EQT confetti?

Another mate of DP or the idiot CFO?

We have seen many of these “collaboration agreements” but none have delivered revenue as yet.

…”Possibly one of the best times to purchase”

Would probably be true, if we could trust DP not to drive the boot into shareholders in order to protect Altair.

5% drop a-day = deja vu = DP’s insider knowledge/ Altair

‘There are no trades which look anything like Altairs of previously.”

6M, 10M and 20M end of day sales three days last week, pretty much like last time, we wait to see how this week pans out and eventually what shenanigans DP is up to again.

Absolutely clear that DP and Altair colluded to offload before the placing in order to be able to take discounted placing shares and warrants without increasing their exposure. Anyone that thinks otherwise is clearly deluded.

Could do with some news on the DFC grant to push us away from the 4s though, without it we are being dragged down by the AIM shareholder exodus and poor macro environment pressure, China’s slow down seems to have applied additional downward pressure.

Get the DFC to sign the cheque and the the run up to more warrants issued at 7p should be pretty straightforward.

Good to see the BoD putting more skin in the game.

Https://www.chelvertonam.com/wp-content/uploads/2022/04/Chelverton-Equity-Funds-Annual-Dec-21.pdf

In 2021 Chelverton reported the same 237M holding as being valued at £2.7M

Looks like it is just Altair that have made money in EQT, I wonder how they did that?, it’s like they somehow had information as to what was happening before it happened.

Https://www.chelvertonam.com/wp-content/uploads/2023/04/Chelverton-Equity-Funds-Annual-Dec-22.pdf (page 36)

Chelverton hold/held 237M, if DP’s shenanigans with Altair and the poor performance has upset them as much as the rest of the private investors it could be them offloading, the performance of the fund holding EQT has been diabolical in YE2022, they reported the holding worth £617K in December, its now worth just 50% of that.

‘I do believe that these have impacted the sp”

So posting on a random share chat site have been the cause of the value of EQT plummeting by 96% in less than 36 months, falling from a value of £150M+ to around £15M

It has nothing to do with missed deadlines, deferred projects, reduced revenue, poor investments, continual placings and loans, financial improprieties and self interested directors, it’s all down to a few posts on here!

I think the issue with the share price sits firmly in the board room, if the idiot CFO isn’t up to the job he has taken on then move on please, for nearly £350k a year I’m sure there are other candidates that can cut the mustard.

“I reported Palumbo to the FCA about the incredible luck and timing Altair had on dumping their 666m shares just weeks before loading up again in the placing nearly 50% cheaper on the 2 for 1 deal. ‘

As did I.

@andii you were all over the pump last time Altair/DP were offloading, and you have only just returned to this site after a while away, if there anything you want to tell the rest of us?

"share price is now beyond a joke.....why the drop when buys so much more than sells?"

if this turns out to be another bit of dp/altair inside trading we must all collectively raise a complaint with the fca, they are not interested if individual investors raise concerns but a large number of complaints may just get them off their ****s

With the March placing we got….

‘The Company is proposing that 24% of the Executive Directors' remuneration payable in 2023 can be satisfied at the Company's election by the issue of new Ordinary Shares at the Placing Price, at the discretion of the Company's remuneration committee. Subject to terms being agreed, a further announcement, together with any fair and reasonable opinion as required, would be made at such time as the Company entered into any such agreement.”

Pretty sure the remuneration committee won’t be exercising their discretion on this agreement anytime soon!

The rate it’s going the BoD LTIP hand out will enable them to buy a packet of crisp and a can of coke, and I think most investors feel that is more than they deserved for their performance.

Rather than useless posts about moving floors at Italy MDC how about the incompetent BoD take to social media and explain how the floor has dropped out of the shareprice under their stewardship!

We are now into falling knife territory with the risk of reaching all time lows not seen since 2019, and as i said before its purely because of the financial shenanigans that DP has pulled with Altair and the incompetence of the idiot CFO. Tech works, plants coming online and reportedly more contracts being won, but as a shareholder since Jan 2020, and holding many multiples of the Idiot CFO's stake I still don't have a clear understanding of whether the financials of the company are sustainable or whether we are at risk of another massive dilutive placing.

The problem being with the current market situation is that you can secure 6% no risk interest in a savings bond for 3 years, that suddenly becomes far more attractive that a 96% reduction in your stake, and if the management of the company are still willing to dilute at these levels any long term holder is likely to be absolutely destroyed.

Only one way out of this situation and that is for the idiot CFO to stand up, earn his inflated salary and ludicus LTIP payments, set out actual revenue income, cash flow predictions and short/term medium term company liquidity position so that we can understand what the hell is going on. Most investors that have held for a number of years are likely to be tied in now anyway so coming clean with the true position will at least let them understand what on earth is going on.

unfortunately i feel that none of the management really what to admit that the emperors new clothes don't actually exist!

Has anyone been able to get a single response from any of their investor relations queries?

It's also worth pointing out that the MM are playing with this share with a spread now out to 15%, that either means they have view of large sales/buys or something else in the mix!

arden research notes are basically dog ****, not worth the paper they are written on.

december 2021 is some laughable reading.

billingham and deeside all looking good!

price 1.3p, target price 4.9p

2022 estimated sales €62m with a positive ebitda

and wait for it a net cash/debt figure of £42m

but then the idiot cfo got going and we haven’t looked back since !

‘Try spending your time replying to the many email concerns from your shareholders instead.”

They have removed and closed down the IR email address about six weeks ago, instead pushing shareholders to a crappy Microsoft forms query on the website, which by the way they ignore anyway, i have yet to receive a single response to either email or web form queries.

The issue is there are some serious questions that need to be answered and the BOD have clearly placed their heads deep in the sand and don’t have any answers.

The BoD have treated the company like a vampire treats it’s victim, the problem being the last “feeding” has taken us to the brink and there is little blood left for them to gorge themselves on. we need to hear if we can afford the medical bills to keep the reaper away.

Investor relations is now basically non-existent unless your name begins with Altair that is!

They made a big issue of being able to secure larger salaries elsewhere, but they struggle to do the very simple things that are required to keep a company jogging along the worst being financial control and investor relations.