EQT - my 2018 share pick26 Jul 2018 11:48
DYOR - but Luther loves this share for multi-bagger and why I love it is because:
- Bercheva are gone - this Bercheva nonsense dragged us down - we were previously at almost 4p in December , I am expecting us close to this 4p level, and regards this as simply re-rating back here in the short term.
- Management Updates - With BTC investment into Ebioss now confirmed and their specialism in turnarounds, I am hopeful one of the key areas they address is the management team, and expect changes and news here imminently based on the terms of the last RNS.
- Contracts are at various stages of advancement and we recently signed an MOU with a 20m value, potential contracts imminent, USK project : 11m Euros, Reliable and Energy China : 19m euros x2, Citra vietnam: 20m euros - MCAP verson these values is starkly different. ‘’Expect to sign contracts on two projects’’ as per the CEO’s words
The background context of the business is what makes this even more attractive as a business and investment for . me moving forwards - ‘’Environment Secretary Michael Gove has said himself that the UK exports too much of its waste. But in order to solve this problem, the UK needs to reduce the amount of waste it produces, use resources better - EQT planning to commence construction of waste to energy gasification facility this year . I am looking forward to seeing plans on growth from management
As a technical point, as some our researchers on here have pointed out rightly in my opinion, and as you will be aware origen capital have held since inception and as a result the ebioss holding has now fallen to the 30% range. Ebioss would technically buy in the open market in my opinion if they want control over black toro plans moving forward.
Regardless, I see this as undervalued on potential and it is a share that historically makes big moves in sp - I always loved this business as an idea and potential and held shares in the React Energy days, I feel our time is finally coming here now.
All imho, good luck all my followers,
p.s where is mr calm these days?