RE: “very long waiting lists at some shipyards,”12 Jan 2020 19:56
Having been a long time lurker here I thought I’d stick my head above water finally. I’ve been a shareholder since 2015, whilst I have an investment it’s certainly not the size as some of the other members on here. Although throughout my 5 year holding I’ve very rarely seen my investment in profit, in fact QFI is my worst investment to date which I’m sure other members can relate to.
I have to agree with others on here 2020 is the make or break year for QFI, if nothing happens this year then we’ve run out of time.
The gravy train nearly ended last year for the board but by some miracle they managed to find funding for another 18 months - Is this just a money pot for Mike and his mates to spend away on their own wages and expenses in some fancy hotels or will we actually get something out of it? Only time will tell. I think the majority of us invested again for one last push to try and see a return on our investment - but with no news so far I’m not holding my hopes up. The board has some questions to answer IMO - promises are made and then broken, what’s happening with the progression of contracts, and why shareholder updates are so few and far between.
The time is now for this product to make it to market, with all the environmental issues and regulations that are going on in the modern world. If we can’t sell the product now, we never will. Others will beat us to the pudding. However we only need one piece of good news for the share price to maybe be in the late teens, lets’s hope 2020 brings us some good news.
I’ll leave on this though, which cross my mind in the bath the other night from a post Sociologist said before Christmas - ‘I note the RNS of today which announces the resignation of Hemant. Does this mean that after 31st Dec Hemant can digest of his holding without scrutiny?’
Maybe there’s some good news on the QFI horizon and it’s time to cash in for Mr Thanawala. Lets hope so.
I’ll go back to lurking now, maybe I’ll stick my head above water again when we’re at 50p or bust. All the best for 2020.