Member Info for haggismchaggis1

semaphored,

Not sure if 3-4p was sarcasm?

My view is that the share price will be way higher than 3-4p by Q4 2023. By then we should have Utah up and running, Morocco up and running, Americas possibly up and running, making inroads into Mexico and other areas, and the big one of commercial fuel to MSC. I'd be looking at £450m to £500m MCap minimum, which translates to 32p to 35.5p.

Also on https://www.youtube.com/watch?v=3LDAR6Ty7Ok

https://www.ship-technology.com/news/quadrise-msc-trials-carbon-fuels/

https://www.manifoldtimes.com/news/quadrise-msc-shipmanagement-to-trial-low-carbon-bunker-fuels-on-commercial-containerships/

https://www.motorship.com/msc-to-trial-quadrise-biofuels/1475151.article

https://www.starconcord.com.sg/msc-and-eastern-pacific-are-launching-new-biofuel-trials/

Nejc113,

Yeah, I've seen companies with future earnings priced in and sat at over 50x P/E because the growth in sales was so high. For example "ASOS's p/e ratio for fiscal years ending August 2017 to 2021 averaged 59.0x".

QFI will have fast growth, due to the rollout across the MSC fleet of BioMSAR and MSAR, plus the other projects, and any more marine and power clients that jump on the bandwagon once the fuel goes commercial. QFI will also have very high margins due to it's low cost base compared to the huge sums coming in. You only need look at the size of dividend that QFI could pay and then extrapolate that based on a 5% return, the shares would be 20x the dividend as a minimum. Add the fast growth and that multiple goes up.

How many companies have a distressed seller holding the price down by selling any time the price goes to or above their average (several is probably the answer in this market)?

Miton are feeding demand at this price. They won't push it any lower, so anyone (PI, ii, HNW, UHNW) that wants this stock as cheap as possible, should take advantage of the situation and take the stock Miton are offering at this bargain price, because, as the saying goes, when it's gone - it's gone, and then these people will have to pay a lot more for the stock, as the MM's quickly rerate it.

Nejc113,

You appear to be missing the P/E ratio, which could, for a fast growth, high margin company like QFI, be 50x or higher.

From the Interim Results

"The Group has accumulated tax losses of approximately £58.4 million (2019: £53.7 million) available to be carried forward against future profits."

AKHM,

The market will always value stocks ahead of sales. Broker forecasts dictate what the price should be with the income expected in the future, and the market quickly buys the stock up ahead of it. So we won't need to wait for the revenues to be in the bank before the price is up at a level that reflects that money being in the bank in the future.

Miton were probably trickling sales into the market to feed demand 5 days ago, in fact even since the holdings RNS of the 15th. There is higher demand now, as can be seen if you check the live quotes vs prices paid a lot of trades marked sell are actually buys, and Miton will just feed that higher demand.

Although what I have said is based on my decades of investing in small caps and seeing what happens when there's a distressed seller many times on different stocks, and what I've seen happen once that distressed seller drops below 3% and the MM's are happy to walk the price up to clear them out of their last few shares.

Also, the quicker we clear Miton, the quicker the wider market will see the price rising instead of spiking, and that will have many taking a closer look at what is driving the price up, and some will like what they see about MSC, Utah, Morocco, BioMSAR and MSAR and join the party, helping the price get up to a more reasonable level. Buying more helps get rid of Miton quicker, so we can move on to better things. Some claiming they have a 10p average can also take this opportunity to average right down if they have the funds to do so.

I will also add that buying now at the lowest price also helps get Miton out quicker and ourselves into a paper profit faster. Waiting for others to do it just prolongs the wait, achieves nothing for personal gains.

Off Ghana right now, according to
https://www.marinetraffic.com/en/ais/details/ships/shipid:156168/mmsi:255803590/imo:9313943/vessel:MSC_LEANDRA

Was off Cape Town on 7th according to
https://www.vesselfinder.com/vessels/MSC-LEANDRA-IMO-9313943-MMSI-255803590

Barking,

Waiting for Miton to exit might be the case, but it is the daftest investment plan I've ever seen (next to buying Crypto), as this bargain price will only hold so long.

The view that Miton are feeding the market demand should have people buying all they can at this pretty much 'fixed low price', as Miton are not going to drive it any lower, and once they RNS below 3% there will be no way to know when they have exited anyway. The MM's will mark it up very quickly once Miton are below 3% or less, whenever the MM's decide to walk it up, at which point all those "waiting for Miton to exit" will pay a lot more, so it's a false economy to wait, and a stupid investment choice when you can already buy at the lowest price.

Ok, hold that thought, as I just checked my email again and now have a 'thanks' email from JM.

DoN,

Great work!

Likely explains why MSC are spending $65m to possibly $100m on getting the trials completed. That is serious investment into reducing emissions, but they'll get it all back in the short term with the savings our fuels make over incumbent fuels.

Buys still showing as sells because the live quotes right now are:
ASK 1.459
BID 1.4255

Current online quotes:
ASK 1.464
BID 1.4225

Jack, SNAP! :)

They could alternatively be a rollover, as the first was 1.45 and the second 1.465, separated by just 15 seconds.

1.465 not 1.65 for the second one.

What, the 2 x 3.5m just gone through? They must be delayed, as the BID is only 1.41 and they are at 1.45p and 1.65p respectively. Unless they are buys done and reported with no delay.