Member Info for mjallen

"most migrants coming into the UK the past 5 years are sending spare money home and only looking to rent."

Hence I can see a cap on money leaving the UK. Anyone remember the £200 cap on money taken out in the past.

Shopkeepers in spain only had time for the German tourists then.

On a separate note. Does anyone have a idea of what dividend may be paid out next?

Perhaps Sir,

If you looked at it further than your own nose you might discover that the 1st share buying phase cash ran out on the 4th Oct. And therefore the markets acted accordingly as there was no extensive additional buying on that day. Which of course would depress the share value. Now that the extended buyback phase has started then the share prices has risen back again.

Hi PT

My assumption is the same regarding picture which means there is a good chance that we own the work so far in the picture as I believe that we are claiming that from the administrators.

With regard to the special alloy. Surely the working smaller scale demonstrator would need the same alloy. And as I said they must have ordered more than enough just for one plant as its a special order with a long lead time. If they have bought a second batch just for the demonstrator it would no doubt have cost twice as much as the first batch.

Personally I would use what I had. Then see if there are any orders for another plant and reorder.

Quite right PT

My only questions are.

Is the Photo of the 2nd generation of demonstrator the actual one in the newsletter picture. Did it use some of the special alloy we refer to as being moved? How many billets of special alloy was purchased? Especially as any special non uniform product for construction normally has a high cost to produce in smaller quantities.

With regard to KR. He was only standing in temporary. And as he is in my 70s age group and lives I believe in Kent. I suspect that he just wants to pull back from fulltime working. Hence why he left HUI before concentrating on PHE.

IMO he is a perfect asset with contacts in the waste fields for his roll as consultant. My last roll before full time retirement was Data installation consultant to an Essex council for their main data network to Cat 6 upgrades. And that was after 25 years as an independent data network designer and installation company.

I do have one other suggestion. That being , would anyone consider a tie up with EQTEC my other shareholding. Only it seems that both companies appear to be following the same route and need some further capital injection in this period of high interest rates.

Constructive points of opinion are always welcome.

Pat

Here's hoping that the following link gives a bit more hope.

https://www.powerhouseenergy.co.uk/powerhouse-energy-newsletter-july-2023-2/

It shows the new demonstrator unit which gave me hope that it was moving forward.

When added to the following description.

The Powerhouse Technology Centre will play a big part in the Company’s development, and it is really taking shape. The Feedstock Testing Unit (FTU) is still in manufacture, but the building is nearly there. Below we show what it was like before we started the refurbishment and what it is like today. We look forward to the arrival of the FTU when we can show you even more.

Moab

The following is the good news.

The Company is in possession of the alloy that was bought by its wholly owned subsidiary Plastics to Hydrogen Number 1 Ltd, for the first commercial scale of the TCC. This had previously been stored at MDKL in Carlisle but was moved earlier this year.

However you are right about the timescale delay.

There's good news and there's bad in that RNS.

The good news is that the special alloy that was purchased about 2 to 3 years ago is presumably under the PHE control.

The bad news is that MD's collapse has left the TCC production in the lurch again.

So Swazer now you have your answer as to why I wanted to see pictures of the TCC in production.

Well apparently we don't know very much from your other post,

"I do not know how do you count in that island that is an inbreeding jail. You use measurements nobody understand, drive on the wrong side, live 1 hour earlier and ultimately your girls blow instead of suck: everything is wrong over there..."

I would add that it was the Romans that rode on the left.

To be fair to Try, Knows

He was referring to VHs post which contained the following statement.

"The site is not working on regular basis, I am on the phone with one informed person right now. He confirmed me maybe if they are really lucky on the 5th June they will start it again"

A fair point has been made by other posters about BOD share buys

Directors and other PDMRs must not deal in shares during a ‘close period’, that is the period of 60 days before the announcement of annual results or the publication of the annual report (or, if shorter, the period from the end of the financial year to the announcement or publication). In the case of half-year results, it is the time between the end of the half year and the date of publication. If a company reports quarterly, the close period is 30 days before each announcement or, if shorter, the period between the end of the quarter and publication. (The same restriction does not apply to the company’s interim management statement, though a cautious approach would impose a similar 30-day ban on dealing.)

Bearing in mind the above and no doubt some on this BB will make the accusation that the BOD has trashed the shares with the intention of buying cheaply I would assume that a cautious approach is in place.

And not carried out any share purchase. For that reason.

However, IMO it would stabilise the share price if they did follow up with BOD share purchases after the statement

FJ It is my business as a shareholder I own part of this company and you and C909 make most of the libellous allegations against my BOD employees. If you are shareholder still I see no reason not the answer my question.

Andii appears to have gone AWOL

Sorry FJ but was that an answer to my question?

Are you out yet if not why?

Its not a trick question honest

FJ and C909 are you out now. If not why?

Perhaps for the same reason that HS2 is being scaled back. The high cost of construction plus interest rate rises. Do please look further than the end of your nose other than at other posters defeatist agendas.

My dear Boy,

Why would anyone offer to buy the company when a private energy company could easily keep buying up the shares at such a low rate via Intermediaries. And then go to the board with a takeover offer. Giving little more than its current value. 8 mill MC is pocket change to a billionaire.

Look back into history when the Disney company opened there first park in Anaheim. Every developer bought up the land surrounding the park preventing expansion without an add on cost. So Disney bought up small parcels of land in Florida on the cheap through Intermediaries. If any one has been there you can testify how big it is.

Chilting there was a lot of frantic steering taking place just to keep it on the straight and narrow.

But it took me back to my young days watching a steam tractor in Romford market once. Plus the steam trains going to London.

Scottish engineer William Murdoch first put coal gas to practical use, lighting his house in Cornwall with it in 1792.

Murdoch’s employers, the Birmingham steam engine manufacturers Boulton and Watt, started to build small gas works for large users like factories. The first of these was installed in a cotton mill in Manchester in 1806.

In 1807 a German businessman Frederick Winsor obtained a Royal Charter to build public gas works and the first opened in 1813 in Westminster.

Gas lighting proved so popular that, within 15 years, almost every large town in Britain, as well as major cities in Europe, North America and beyond, had a gas works. The Company which Winsor founded, the Gas Light and Coke Company, continued to supply most of London’s gas until the industry was nationalised in 1949

Considering the size of our Eqtec plant I fail to see how it could hope to take the place of energy supply to this country without going back 200 years and following the same timescale of growth. This country and everyone else is running around trying to put together major energy info structure projects. Our company is just one small part of that. I expected delays and problems. Hence why I see it as a gamble.

But a gamble worth taking.

My own county of Essex is running a survey to find alternative energy sources from waste for the next ten or more years

I will be putting EQTEC and PHE as two possible suggestions

Yes I did this morning just fencing.

I now suspect investors have been taken for a ride. I think it is time for shareholders to take action.

As I said before the AIM market is akin to a horse race. Not sure what action you believe shareholders can take. Get the the whip out.

Unless I see Eqtec shares being suspended I'm still in the race.

Just all and sundry hold off on the Gerald Ratner comments about your own company's BOD.

Or you may just bring about its own demise and a complete loss to your holdings.

Giddy up Dobbin.

Very interesting read thanks guys.

More Plumb bob square pants smoke and mirrors perhaps?

Or More like legal refuting of not admitting to causing the car accident in the first place?

Which is standard practice. Even after you pull out of a side road in front of oncoming traffic as a certain late Duke did.

So you have a choice believe your own BOD or a property developer. Not sure who I can trust more. So I will stick with my original gamble.