Member Info for Jettydog

Yes, it doesn't take a genius to see :
Vol Sold 1,240,631
Vol Bought 12,780,172

Going through todays announcements I was thinking what this will do for the ongoing revenue situation. So I re-read the Arden report and while I am always very dubious of paid analysts I was looking at the projected financial forecasts which must have come from Eqtec and presumably Palumbo. Sales in 2020 of 7€m and in 2021 of 38.5€m, operating loss in 2020 0.9€m to operating profit of 5.71€m in 2021.
I always took these projections with a pinch of salt but I can now actually see them all happening as pipeline solidifies and new opportunities get added. As we stand today the company is valued at £32 million, I see many other peer companies with similar or worse financial trajectories often with far higher valuations. Everyone has the own motive and calculation here whether short or long term but with the numbers heading one way the valuation and share price has to follow.

I have been in this share for a while now and I am totally unconvinced of the need for a placing. If we win Billingham and neeed to invest a lot of cash into that project then that is the only circumstance that makes sense. However if we inject cash into Billingham then we would have a big part of that project and out market capitalisation would be a lot higher as a result.

Hi Stokey, I can't comment on PHE profitabilty but the increase in shares is huge 2,072,360,416 to 3,509,800,693. Does that mean the market cap goes from £75m to £126m overnight or will the share price will slide? Purely on MC alone I think Eqtec has better growth potential given we have a similar sized pipeline of deals on the horizon.

With the dilution announced today at PHE and Palumbo's prediction of Ectec profitability in 2021 I think I prefer to be here.

If the unaudited are even close to true then profit after tax of £1.18 million and cash of £4.42 million means the company has a much, much higher worth than £4 million, that is just crazy. Its worth a bigger player buying it purely for the turnover and the gross profit tax write off.

Yesterday the whole renewable sector was down and today nearly all are back up. No ideal what caused it, certainly nothing Eqtec related but we got swept along in the wave. I feel for those who sold and now have to buy back at a worse price, been there done that.

Pretty happy with how things are going but let's see where we are when the Greek deal lands.
If Billingham follows then in Palumbo's own words, it will be "Truely transformational".

Yes if we repeat the same terrible week we have just had we will be over a penny, tough times.

Thanks Ash and Van. The objective of my original message was to generate a little traffic on the chat side and confirm I have read the fundamentals correctly as this does look a great opportunity here. In terms of good news there is more for Ariana than I see on most other shares and any sort of divident would have a very dramic effect on the share price I suspect. There are lots of AIM shares offering jam tomorrow so its rare to find that will a side order of real revene and cash in the bank.

As a newbie to AAU I am shocked how quiet and downbeat this board is for a company that has doubled its share price and market cap in the last three months. The RNS announcements seem very positive with the capital loan being repaid and the growth of Tavsan and Ivrindi. Given this Ariana seems set for a major increase in revenue and good profit levels which has to benefit the shareholders and who knows even a dividend at some point.
I understand some here will be LTH probably have been waiting a long time for stuff to happen but compared to a lot of companies I look at on AIM this seems a very good and relatively medium term prospect. Am I missing something?

Interesting share, ridiculously small MC assuming 2019 audited figures actual match the projections, revenue of £169.4 million and a gross profit of £10.7 million or £1.18 million after tax.
Good free cashflow, but actually making a profit looks a big step forward.
https://marketrealist.com/2015/01/valuation-metrics-investors-can-use-telecom-industry/



· Cash and cash equivalents as at 31 December 2019 of £4.42 million (31 December 2018: £4.18 million);

Bizarre, great RNS and the price falls

Great new for the company.

Fully agree Esta. These are dated yesterday when the stock was trading at 0.57. The trade prices make no sense.
10-Jun-20 15:43:22 0.43 50,000,000 Unknown* 0.51 0.52 215.00k
10-Jun-20 15:42:43 0.485 40,000,000 Unknown* 0.51 0.52 194.00k
10-Jun-20 15:40:09 0.30 30,000,000 Unknown* 0.51 0.52 90.00k

On AIM you do not trade directly with buyers or sellers but to a middle layer the Market Makers who hold a short term buffer of stock to add liquidity to the market. The share price on here is a straight average of the highest MM buy price and the lowest MM sell price (the Bid and the Ask respectively) but if you look at transactions they nearly always occur between the two. The quoted share price is very slow to react and it often takes a sea of red or blue to make it move and it is obvious buys and sells are being recorded incorrectly.

Yes, 0.54 just paid, all this mornings sellers need to get back in.... lol

On the 7 shares I check daily, 6 are down and one is flat, bad economic news will do that. Just means the sellers will have to buy back in at a latter time and hope they get the same number of shares back. Not my game but each to their own.

Hi, on AIM you do not trade directly with buyers or sellers but to a middle layer the Market Makers who hold a short term buffer of stock to add liquidity to the market. They obviously make money on the transactions and this is why AIM stocks nearly always have a bigger spread than FTSE stocks. So if you sell it goes into Market Maker holdings and if you look at an L2 screen it will show you what quantity MMs are holding and at what price.
The share price on here is a straight average of the highest MM buy price and the lowest MM sell price (the Ask and the Bid) but if you look at transactions they nearly always occur between the two. The quoted share is very slow to react sometimes and it is obvious buys and sells are being recorded incorrectly.

I just re-listened to David Palumbo's interview on Proactive Investor from 10 days ago and recommend anyone investing here to listen to it again. The Greek deal would certainly help the share price but Billingham would be in David's own words "truely transformational". EQtec have the insurance and the grid connection pricing in place, it needs a funding provider to make the money side work and then press the go button. That would move EQtec up on a completely different level.