The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi Brett. Here's my tuppence worth to get it started and hope others can add....
1) Earnings (results) reported 6 monthly...norm for PLC. Year end is Dec (recent RNS covered that) and 6 mths ending June some time before X-mas. But don't expect much in the way of revenues yet.
2) Yours " i would have thought any local authority in the uk would want to support"... Therein lies crux of the problem. Ever tried dealing with the authorities and gov't?!!!. All talk and little in the way of walk. Red tape...
3) Take a look at other examples (PHE, Ebioss), all having the same issues. Everyone knows the problem with waste, plastic etc, plenty of documentaries, worldwide issue. But it's about getting commitment.
4) Read up on all our pipeline of projects. Dating back several years in some cases. NONE have come to fruition......yet. Also note, for each project there are several parties involved covering financing, approvals, design, manufacture, commissioning and maintenance.
5) According Ian Price we are at advanced stage of several projects worldwide and near closure in the USA.
Disclaimer for the benefit of our trolls...DYOR. This is not a RAMP or de-ramp. LOL!
PS., if you are new to EQT, I'd suggest the following to get you up to speed :
http://www.alignresearch.co.uk/wp-content/uploads/2019/04/Eqtec_Align_Research_Initiation_April_2019.pdf
triggerboy, no probs with your post, however, not sure why you and couple of others refer to today's posts as 'ramping'. Nothing that has been posted by the regulars and LTH's constituted ramping IMO. I doubt very much the 7 mill this morning had any thing to do with the posts on this BB. IMO, the large buy got the herd jumping in, whether through research or mere speculative ride.
The real proof of ramping on this BB is best described by the past actions of AIMigo's. Presume you've been around long enough to relate to that?!
GL.
Yes, indeed King5hott. Connecting to the grid has to be seen as positive. I still think we can get paid for the invoice too. Remember, one is expecting 20-25% upfront payment, so depends how the 1.2m will be allocated.
King5hott, No matter what happened with PG&E, even if they had gone to the wall, no way that part of California had suffered power blackout!!!... Someone would've continue with the utility provision. All that the issues with PG&E have done is (apart from a spanner in the works), inevitable delays to almost all their investments/projects. IMO, no way that implies that everything is DEAD! So, IMO, EQT could've re-assured the market citing the delays but remain committed with the NFCP LLC.
King5hott, my understanding was that the PPA had been approved last year, but due to filing for insolvency by PG&E, lot of these project were at risk of being made void. Thought we discussed the 1st ones to be hit would be the wind farms?...
Just have to wait to see how this update translates to North Fork and us.
triggerboy, agree that most peeps are awaiting some sort of confirmation of turnaround before committing. Ian is pretty silent at the mo. Matches his salary reduction! My guess is we are a couple of months away from our AGM and something will have to have happened by then to win him support.
GL.
triggerboy, fair comment and I can well understand the apprehension by some, especially the LTH's and those that have already exited at a loss.
However, I can not digest the notion that someone bought over 7 mill this morning based purely on BB speculation.
DYOR GL.
Foxestocks, if it were P & D, you'd have had AIMigo's running the show!!. Besides, there's only 2 large trades with 2 x nothing, so I find your post a little odd. P & D follows incessant repetitive posts, moon boots, ftse, etc, and HIGH VOLUME accompanied by NUMEROUS trades.
GL.
Shame that this morning's buy didn't kick start a spate of interest. Shows how much the confidence has been battered here. I guess side-liners want to see some substance. Based on the price, my hunch the 4 mill might have been on the books as a sell this morning and mm's playing games to accommodate the bigger buy earlier. Whatever. The SP nudged up a little. Every little helps!. GL.