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Dear fellow investors. It has been a while since I last posted. Been busy with work etc...
I never took part in the price predictions and I'm aware for many of you it's a bit of fun etc...
I have been following the environment Bill debate in the House of Lords very closely and understand they want to conclude before cop26 summit, although its a tight timescale for Lord Goldsmith and alok sharma to get royal assent.
Cop26 will be the global stage to get some global actionable agreements of co2 emissions and net zero targets. We are in prime position through the waste to energy market.
I think you would all agree that the financial agreement of billingham has not been revealed and in order to break a profit this year this is nearing completion. This is the one that we have not heard much about but we will and it will be huge numbers. Expecting some update news on this soon
I know since Jan we have been downwards as have many green stocks. The economy will restructure in a sustainable way and we have not got there yet. This time green stocks are here to stay.
I'm very positively excited about the prospects of eqtec but with all growth stocks, you require patience. There is the the usual derampers but just got to mute them and not waste your time.
Off course it is frustrating but please be patient.
Posting after a long time. Miss all the usual crew.
Palumbo is in my view a maestro! He knows what he is doing. Please keep the faith
Gtec
Hello all. I have not posted for a while. I have not sold a single share and have still got my 10 million shares. I plan te sell 20% holding at 5p and then leave the rest till 20p where I will sell 60% and always leave 2 million shares all the way to the end.
There are two ways out for me. Eqtec getting bought out at between 15p -20p or eqtec stays put and goes alone and grows to the level where they actually pay dividend.
I'm not worried about placings and all that because if there will be one it will only for growing the company.
Look at last placing. Palumbo used that to invest in projects and financially close projects. I was one of those that visited the sites as part of fie diligence.
As many of you know since I was posting in May regularly that my knowledge of local government know that every Council will be embracing this type of tech very soon.
What is frustrating is that we are obsessed with wood news. It baffles me. They said review in Q4 2020. They will report back to us at a convenient time. We need to realise the huge multiple opportunities. We made the same mistake as we got so focused on billingham but It was deeside that came first with equally exciting news.
The exciting part of sharing this post is tjat through my work in this area - I have met DP and team a number of times and obviously It would not be right for me to tell you the nature of discussions but one thing for sure is that we have exciting times ahead.
There will be many more macro movements in green stock just look at Blackrock abd Larry Fink recent tweets.
The current SP behaviour reminds me when it was 0.5 and would bounce to 0.75 and then revert back. This happened a number of times. When this goes up - lots of traders are playing the game. It touches close to 3p abd retraces back and they sell off. But there will be time when it flies past 3p and to next level at 5p.
Waiting for Aries case to clear and then there will be bounce of that and also when they detail the financial detail of billingham also.
I have been reading the posts with features interest and enthusiasm. Some great knowledge shown. Green has a long way to go. Eqtec will reach new heights. I belive in palumbo. Love his style and just hope he doesn't get snapped up by the usual big companies.
The most beautiful part of the business model is the sustainability element of revenues they will get from Northfolk (20%) billingham, deeside and carbon sole.
The waste problem is one issue solved and the renewable element is another.
I think will do a reverse split 10 for 1 split in the future (which will be attractive for investors as there are so many issued) and this will be on its way to ftse 250 and am convinced with the leadership direction eventually a ftse 100 company. 2 billion market cap will be achieved in a few years.
Keep the faith and keep ignoring the obvious derampers. Good luck all
Phimx I find your behaviour shocking. You have obviously some serious concerns about the stock but I have scrolled down and see you put 8 comments on a row - you literally are taking about the stock. Why don't you just move on as its clearly not a share for you. I have taken a position here as microgeneration is the future of boilers.
When I first invested in eqtec- the same drivel was said about derampers and shorters. But in the end that rewarded me handsomely and will continue to do so.
I will continue to add as I have sold 20% of my holding. This looks like a long term hold and I will wait patiently as it finds a route to commercialisation. The link to eqtec is obvious.
Happy investing all and just ignore the noise. Just ask if you were not invested in a stock and were sold out would you move on or would you spend day and night talking to yourself bashing it - off course I appreciate mistakes made by the board. However some people need serious help here.
Just to say. I worked on the government microgeneration strategy launched the document in 2011
Gla
The big news also tofay was that Eqtec have set up a framework for future collaborations with logic developments. I know Tony bhatti well he lives near me- and is one of their directors and they own lots of waste disposal sites. Exciting times.
I think we should forward from the tax chat. Perps have had a good chat. Lets focus on eqtec related news and analysis. Its great to have so many new investors and hope you all enjoy the journey.
Today answered the big question as to what are they doing with the placing money. The rise was sustained today. The prob of eqtec since the placing was to maintain its rise. Think we now have support at a much higher level with news pending.
EQTEC estimates that the additional capacity for the thermal conversion of waste, utilising the Group's advance gasification technology, would generate additional revenues for the Project SPV of c.£16 million in gate fees, c.£6 million in electricity sales and up to £1.5 million in heat sales.
Just some analysis on the SPVs than lunsam previously mentioned . Both humber gate and deeside are on companies house. What does that show me?
Palumbo mentioned that he wants to fast track the process of development as well as taking equity in the projects.
So as we know eqtec have approx 20% stake it in Northfolk with phoenix- sustainable income as we gain share of profits in future.
These companies seem like subsidiaries of eqtec as focused on specific projects. The question we need to ask is that if we were just selling our technology to them why would we need to set up companies. The very fact that there are companies set up tells us that eqtec are pavjng way to take equities in these sites.
This my friends is indicative of the vision of palumbo. Huge potential continuous revenue and not limited to just selling tech but making profit from selling to grid and other income for converting waste.
Finally, we are an absolute bargain at the moment and with the government on hydrogen this is an area we have not even touched as a company yet. Just look at the fuel cells to power electric cars.
We are all set to be at ITM level now in the future.
The very long term I'm seeing at least a ftse 250 company as waste production will be increasing till at least 2050.
The tricky part to be balanced - we need to have a track record of financial closing. Like many people here, I am aware of delays to project close due to a number of reasons with covid being the main one but there are many billinghams - the market is convoluted to this at the moment . Once we move past this we will see huge re rate.
August 2021 3-5p
August 2022 15p
August 2023 75-125p
Caveat to all this is that we may well get bought out by big global company. I see palumbo mentioned this on one of his presentations- the price will be 10p plus at least.
Enjoy the weekend folks.
It looks as though no intea day news today. They could put a rns after hours - 5pm onwards.
Sp is slightly up. Monday RNS could be interesting. For all we know the contracts have been finalised and it was juts about timing but like others have said - irrespective of announcement this will grow exponentially as said by palumbo himself.
GLA
I've always found you a big fan of the green sector bananaman2. I too hold SAE, VDTK and PHE (small holding) saw your frustration at the MM manipulation. EQTec being my biggest holding.
potential here is great as previously stipulated. Half term results out of the way. No sugar coating. Very bold and clear direction. I do hope we move into hydrogen fuel cells which can be produced by our tech. The potential for EVs is huge. But in the meantime w2e will.be more than enough for us to get on with. Really liking the focus of getting more of the revenues when these plants are operational. The sustainable way is not just building plants by selling equipment bit owning a stake in the project. Share price by September 2021 should be 3/4p just of we Financial close
billingham, 1 carbon sole and 2 from ewergy by end of H1 2021. They are operating a smart business model.
Excellent and honest approach by palumbo.
Headline for me was 2021 going to be explosive year by the sounds of it.
Whether it goes to 0.4 or.stays at 0.46 is irrelevant for me as its an investment and not a trade.
Really excited about new territory. I dont think we will be waiting long before they announcing financial closes.
It makes sense why they delayed billingham. Half year results out of the way as it focuses on revenue till 30th June. They have a 20% stake in NFCT shares of profit. It was clear startegy is having long term revenues and shares of profits and not just operations and maintenance.
Carbon sole 2 x projects the size of billingham are being pursued for closure.
Overall, confident and excited about the opportunity. 2021 forecast is to be in profit and looks that way. Once there is clear path to profit - SP will be much higher. Just imagining half year results 2021.
Problem here on these boards there is a lack of patience. Also great to hear that eqtec working with international former England cricketer Freddie Flintoff on deside project. I know logic development guys well which andrew is a part of.
Southport and carbon sole will be financially closed in hY2021 which he was hinting at. I know there are at least two projects which will be financially closing in the next 4-8 weeks. My guess woukd be: one is billingham and 2nd is another greece 2mw plant.
I
The futute is green. The future is EQTec. Parience will be rewarded. Gla
Isa - all the best. Hope to see you back soon (investor) . I wouldn't want anyone to miss out on the investing benefits. you need to sort your investing psychology as it seems like you are all over the place buddy. (just my view)
Please do not talk this share down now you have left. It would be idiotic thing to do and i think you have more wisdom than that and investors here are too intelligent not to believe any negativity or attempt of shorting this share.
The fact are clear. I refer you to @lunsams excellent post on here and twitter. very strong analysis.
The lockdown measures today have a limited impact on companies such as Eqtec and the waste to energy sector generally.
Palumbo will continue to have his meetings online and the technical team will continue to build and design the tech.
@stokey it will be interesting to get some timelines for the aries claim process. I know you were following the north folk minutes and post on here. The minutes posted earlier seems all in order and not a mention of the Aries Claim.
The interim results for HY will be out any day now. When you look at HY 2019 and HY2020 there will be a positive difference and this should be reflected in the SP. Palumbo will off course use the interim results to talk about money coming in this year and all other framework. So all will be well.
I still cannot believe that other companies are not making profit in the sector and their sp is way higher - where as we will be making profit next year just on the Billingham project going through and ongoing.
@bananaman2 - read your post on SAE (where im also invested) you make some very interesting points that this whole sector will be at upwards as climate change will supersede covid (which we will learn to live with and are doing so).
GLA
Oh gees! Isalinge - Im not sure what to say. Im sure you will be back soon. All the best irrespective of some of the things you have posted here.
As for this share peeps. I have just topped up.
I respect your view testpack3 but i disagree with your analysis. I think palumbo has been clear and has a strong direction. We all look at a day like this and its easy to fall into a negative frame of mind. I dont fear corrections or crashes as i have studied all the crashes since 1929 and seen people who have stuck money in good stock and they haven't gone bankrupt have always come out the other side much financially better due to the compounding nature.
The green economy both from UK Government and Opposition party is strong part of their post pandemic recovery and future economical direction. I think palumbo didnt announce for two reasons 1) as they are wanting long term more profits on the project for 25 years (as mentioned by other colleagues here) they are finalising stronger ownership in that respect and 2) wants the silly US claim to go away - so when billingham is announced there is no uncertainty. Also even if we did announce financial close today - it would have a limited effect on a day where all the media is talking about 2nd lockdown. So we have to wait 60 days more.
This is the thing - investment is over a period of time, we have to be patient. I know some of us have been here for years - and respect to you. For me I have been in eqtec since April and i have my price targets (not date targets). I know people are selling for different reasons but the potential is huge and nothing has changed. Deeside is a 20kw project and again huge potential. I think the Government will announce financial packages subsidies for green tech sector. that will be on its way.
Lets all stay patient and calm and wait for this to materialise. On days like this. Keep yourself busy and not get down about your investment. Im pretty sure it will come good for you based on its fundamentals, future sector significance, balance sheet and broker notes. I say this as an investor with many millions of shares - you can imagine the red today. But im more confident than ever before.
Its pretty certain they will close on 22nd November - or prob even before that - may be late October. If any crash does - some stocks will be just getting on with it and this will be one of them as evidenced through march lows.happen
For those of you that have sold. All the best. It will be sad watching this progress on the sidelines.
g spanner i got in at 0.25 originally and sold at 0.8 (small holding) as i sensed a placing. I dont mind placings as long as it supports financial close and growth for the company.
Then back in at 0.38p and been topping up since here and there.
isa. its good to see a change in tone. I hope it lasts. unlike many others i have not filtered you when you were putting negative stuff. Because I wont let one shorter deter me from investing as i have researched this day and night since April.
so good to seeing you long term ivesting... we will see how it plays out and if you have the patience of LTH.
As for 100p, i never put a timescale on this - I said a 4 year plan to 10p (even though im confident this will be quicker). Not overnight. Arden target is 1.45p and Align 1.39p for next 12 months. I think we will see this by latest xmas. Bananaman2 was right - its about route to profability. which is on board for next year.
The 100p mention was in the future if you are reaching profit year on year - you move to dividend, which keeps shareholders on board.
Look at PHE ITM - Good luck to holders for this share. I have visited the ITM plant in Birmingham (when i was down there on business) its not complete but its similar to Billingham. Our MCAP is not right and we will rerate soon. Once we hit 1p mark. we will see a PHE style move to 3/4p. What will drive this will be numerous announcements of good updates of all the projects that we have in the pipeline.
Palumbo is a maestro. He will want to leave a legacy. This is his opportunity. Wim Bramer is the dealmaker in my view having watched his track record. Very impressive team. Been doing DD on them all.
Lets all be positive. I have really enjoyed reading comments on this board and learnt so much from people. i was annoyed at isa but i think he will be normal now and i hope you do well from this investment.
Like I said there will be many more international announcements other than USA - so not worried at the slightest.
If SP goes lower - i will continue to top up. There will me major restructuring of the economy. Local councils are moving very quickly to green measures.
In my region of North West - im watching warrington council seek investment for solar farms etc....
Off course there will be bad times and dips but im not interested. Patience will be rewarded.
gspanner.
No worries. I have observed in local politics for a long time, serving in local government. The news on the ground is that Billingham is been talked about by local leaders as a huge potential achievement and politicians like they do.. trying to all take credit for.
In southport there will be no issues for eqt to alter the planning to incorporate their gasification also. I am also hearing another merseyside council is in talks with eqt to establish a energy park similar to southport.
EQT business model is about long term revenue and becoming at 100p share plus company.
Its a long way to go but there is clear vision from the company but also great uptake from local partners due to their previous experience. I think we will see a boost when aries claim is thrown out (either now or later) but also this is a company in my view that once revenue is maintained over a few years will be paying dividends.
Having served on Executive council positions and a huge drive to go green - there will be a number of councils wanting to use eqtec technology - also it saves huge amounts of money for them.
i did all these personal visits as i have invested a big chunk of savings here. im earing retirement. I have a 4 year investment plan. Will take some profit at 1pm and then take some profit at 10p and then leave the rest till 100p - sounds crazy. I have for my peace of mind discarded the US project work.
From my understanding sefton council want to own a stake in the hybrid park and think they can get government grant for this.
Sorry for the long post.