Member Info for Frankseluk2

In progress, for sure.

I love that headline...

Early (small) trade at .021. Followed by auction.

I have posted this elswhere.

Since the cash call trading in the shares has ballooned.

I'm sure a high % of this increase is down to existing shareholders selling to free up cash in order to take up their allocation of new shares and support the company.

I was wondering, who is buying these extra shares or if no-one why has the share price remained so stable. Any ideas?

Our ship is not in the Baltimore area is It?

Courtesy, John on the forum

The way things are looking StockCheqe I doubt you'll get any more than your allocation. Could well be oversubscribed on this occasion. Jmo

Come on folks, who gives a hoot what someone buys or sells. It's all down to your own strategy. QED is what we are here for. If someone wants to post their daily trades they have a motive. Best advise is to ignore. Jmo.

It's been a long time but hopefully now we will 're rate to a more realistic price.

Ask me what that would be , I don't know. But a lot more than the price is today.

Jmo

Had a further look . 11.45 51 says 650kish. Yet showing 250kish elsewhere.

Not very good is It!

Says on Google finance we had a 1.8million purchase at 8.42am today. .023p.

No mention on other sources.

The open offer was undertaken to appease those shareholders not wanting further dilution.

The important raise was the placing which I'm sure the company believe will get them over the line to on going revenues. Further funding csn then be sorted at better value. My opinion only.

Armstrong investments aka William Black added circa 1/2 million on the 10th.The same day as someone was offloading 700k or so.

That the company announces, that the company announces, that the company announces, that the company announces, that the company announces, that the company......

Quadrise Fuels International PLC (AIM:QFI, OTC:QDRSF) opportunity with MSC Shipmanagement could be worth more than double the company’s current market value, that’s according to analysts at Shore Capital.

Earlier this week the AIM-quoted company updated investors on the extensive testing of its bioMSAR fuel ahead of trials with MSC later this year, and highlighted that in separate testing with Wärtsilä Services Switzerland completing optical combustion and engine wear tests with the synthetic biofuel.

The tests were described as a necessary precursor to the commercial-scale vessel trials.

The optical combustion test of MSAR and diesel fuels confirmed bioMSAR to have similar injection and combustion properties as MSAR, Quadrise said, suggesting bioMSAR will behave similarly when used in medium and slow-speed diesel engines. Having also successfully completed extended wear tests over a 250-hour period, the next phase of assessment has been scheduled: hazard identification and operability studies.

Following these tests, commercial vessel testing will begin on the MSC Leandra.

Shore Capital analyst Tom Fraine, in a note today, said the broker remains optimistic regarding the potential scale of Quadrise’s projects.

“The company’s proprietary fuels have the ability to significantly reduce both fuel costs and emissions. bioMSAR and MSAR also make the transportation and handling of fuel easier versus conventional heavy fuel oil and no significant adaptions to equipment are required for their usage,” Fraine said.

“The opportunity with MSC could be worth more than double Quadrise’s current enterprise value in potential annual revenues if only a small percentage of the shipping company’s overall fuel demand was switched to MSAR or bioMSAR.

“MSC currently consumes close to 10m tonnes of fuel oil annually and we believe Quadrise could charge c.$50 per tonne for licensing its technology.”

Thanks for your perspective regarding "managing expectations"
I doubt quite a percentage of AIM stocks wouldn't be around today if they hadn't (and do) over state prospects.
Interesting point you make 're "in principle" and "offer"
Jmo

Everything going well. Should 're rate . Pe must be close to 10. Should be close to 20 at least.

Robert Stutzman, Divisional Chief Executive, left in August after some 20 years at Carclo.
Maybe he was expecting to get the top job when Frank Doorenbosch got it!
Something has happened for sure.
Lets hope we can now get on and sort out these supply chain and inflationary issues, I do believe both Nick and Phil have been way behind the curve on this.

I wonder if the recent sp weakness and the change of group CEO has anything to do with Carclo Technical Plastics qppointment of a new CFO September 22nd 2022.

A surprise for sure. I felt comfortable with Nick at the helm.
Having said that good luck to him in whatever he does beyond Carclo.
It certainly looks like Frank was brought in with this in mind. He has been out and about meeting customers and staff for the past months. I doubt he would have taken over if he felt it was a poison chalice. And it's great that the transition is orderly and that Nick will be around for a while. Jmo

Sorry Chrisjse.
"Carclo Technical Plastics India General Manager Premchand Pandurangan collects award from FKCCI and Karnataka State Govt officials at ceremony in Bangalore, Sept 2022."
There is also photo of managers collecting the award.