Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I was going to post this when we were above 1p but thought better of it - expect a pullback to 0.88p and then hopefully the prior resistance at 0.88p becomes support and we head on back over 1p - I wouldn't want anyone to panic sell just because its pulling back a little. IMO that is only temporary. GLAH!
Bombaysapphire you bought at 0.40p and they have risen to 0.82p and you are worried about you losing all of your money then simply sell half your shares and you have made a tiny amount of money and have basically half your shares for free. But personally I'm not selling any. Maybe in time they'll do a share consolidation to turn 100 shares into 1 (and the price would be 100x) but it doesn't make any difference to your holding value.
LordGibil, I totally agree with you - so the profit potential of this company is huge so the share price should rise dramatically until it catches up to fair value based on profits and future profit potential. That is why I own 0.5% of EQT and a similar sized investment in PHE.
BuilderPete - Profit or potential profit has an awful lot to do with share price. ITM/TESLA/Google and every other company will be valued on what profit it has the potential to bring in now or within the foreseeable future otherwise what would be the point in owning it?
Can we stop quoting that ridiculous Wallet Investor computer generated garbage... from their site now...
"Will EQT stock price drop / fall?
Yes. The EQTEC stock price may drop from 0.755 GBX to 0.000013 GBX . The change will be -99.998%.
Will EQT stock price grow / rise / go up?
No. See above.
Will EQT stock price crash?
According to our analysis, this can happen.
Will EQTEC stock price hit 1 GBX price in a year?
Not within a year. See above."
Next, as I've been saying, we will see Zak Mir jumping on the bandwagon because this share has got a lot of interest this week due to the rise so soon he'll also release some bullsh|t predictions using lines based on nothing just to boost his profile. But it will be baseless garbage again.
Fact: When this company starts being able to make £10m a year - it will be worth say 20-30x that - and as it's a green stock more likely the 30x, so £300m = share price of 4.37p
When it can make £50m a year it will be worth £1.5Bn = share price of 21.84p
And £100m profit a year = MCap of £3Bn = 43.68p
What do people think EQT will be making as profit per year over the next few years... I'm interested to hear sensible views? That's what will determine the share price.
Next we'll have the bull**** two minute Zak Mir forecast... I guarantee it! Fake resistance levels etc. This share will explode due to news and other fundamental factors, it will have nothing to do with an arbitrary line drawn from say May like he usually does - and I am a statistician / technical analyst. We may see a stall at the previous highs of 0.73p (26th Aug) and 0.88p (18th June) as traders take profits but hopefully we just smash straight through them. We certainly will with any positive concrete news on Aries or Billingham.
Kettle 750 7DIG’s share price is up 600% since the beginning of the year