Member Info for Pmmbns1

where are you looking today for your buys,buys, buys comment - mainly red on my board. Optimism is one thing, realism another

Hope you are correct re positive developments.

Whatever, on a lighter note - drawdown is certainly in time for Directors Xmas bonuses and Team Bonding meetings in The Bahamas or some exotic retreat?

We have a sad little person on our bulletin board who is unlikely to have any money left to invest having lost most of it on poor AIM investments. Now they are trying to spite everyone else on any bulletin board they choose to invade with snide remarks designed to create uncertainty and concern in others to get his kicks by knocking stocks at every opportunity.
This individual probably has no friends and no social life and thus has too much time to kill playing on a computer to vent their frustration at being one of life’s losers.

Well – we have read your game plan and it just will not work here - so do us all a favour and go elsewhere.

No prizes for guessing who I mean – need a clue…… posting name begins with the letter I

Here we go again, this very small, insignificant person with an inflated self of importance, posting negatives again. Presumably he holds no shares in Eqt so why does he bother saying anything here.
Certainly nothing ever positive is said, only bile and spite - suggesting that he has been bitten by the AIM previously and is trying tonreap revenge of some sort - so we should ingnoe his perverse efforts to worry, unsettle and even upset true investors here.

Investor - is your glass always less than half full - or were you born a miserable b.....d.
Probably got your fingers burned a time or two and cant stand to anyone benefit on AIM????

More research (proper) and less whinging could serve you well - remember the sun does sometimes shine.

Thanks for correcting me PG. carried along by enthusiasm I guess - missed the date (stupidly) but reviewing it coincided with the two large buys posted late yesterday - and I put rwo and two together and got the wrong answer. Not great for a Banker now retired (perhaps as well?? Ho Ho).

Good spot in the FT today apple. We knew of the deal of course but this will alert potential other investors to recognise what is happening here at EQT and hopefully to push the sp up. The two 5.5m share purchases today, only shown very late could be the start - perhaps a a result of the FT feature?
Hope the AGM goes well with good news provided??

Great call and good reasoning for your post apple which i always look forward to.

I was trying to inject a little controvedy on the board and get things moving also. - that said a bit of levity re the heroin an k...b comment might just have taken the p... and got a rise from some. Happily even at my age I dont need this support.?? boom boom - remember Basil Brush - I do

seriously apple your thoughts and input are always valuable and appropriate

Seem to be misding the point appke. What does this 2014 article add to the eqt situation.

Must be on the heroin in the k...b to understand your thinking on that.

Sorty KS - i should have said that the Bank will be constantly asking questions about when the contracts will kick in (be signed etc) but should have this info fed regularly to them as contact will be frequent.

Interesting sp today which I have just viewed .... down approx 2% - but why as we have just short of three times the number of shares bought as opposed to those sold - strange reaction by the sp?

I can't say what the Bankers deadline is, as they could have the ear of the government behind this business and any representation in the Board room would weigh heavily in the Company's favour - as the Bank would be fully informed at all stages. This is likely as monthly accounts which are always in arrears of course, budgets and projections are of little value until the contracts and revenue are delivered against those budgets and projections. These documents are of course very necessary in the planning process and for subsequent monitoring.

My question would be - how much left in the pot to continue covering all overhead costs - and how long will it last before the Company need more funding from whatever source. Bankers may question further requests without certainty of contracts (and when will these be signed!!!)

Three Great questions for the AGM I would venture?

Just my view on the Lenders possible view KS. I have been retired a little time now but lending fundamentals dont change that muchover time I guess.
If in a death spiral the Bankers would react swiftly Additionally busineses with a bad track record usuall get very short shrift when exploring possibilities of further finance.

Eqt's lenders clearly have a lot more info than we guys, and are currently happy, and they may even have some representation at board level to monitor progress.

If truly looking at a lost cause' from a trading standpoint they would probably enforce administration proceedures (not sure if there is a debenture in place) to see if the business could continue whilst looking for suitable buyers to minimise their (the Bank's) loss.

This is new technology of course and will be given every chance to succeed as it could be a game changer- and the arguements put forward by the Company to secure funding must have been well scrutinised in the first place - i also wonder, given the technology and importance to the 'world rubbish' disposal process whether there could be some 'guarantee type arrangement' possibly by a government agency (perhaps similar to the Small Firms Guarantee' - whereby the govt picks up a predefined slice of any losses). All speculation - but rest assured that Bankers are human and often risk more of other peoples money (the Banks) than they will ever contemplate with their own funds.

That said I am invested here, if this gives any confidence, based on the fundamentals and belief in what the future may bring given the technology and world wide appeal of the 'product'. Yes some may consider this a risk but in my view a balanced risk with more upside than downside at this stage.

Contracts and cash flow are needed though as even Banks will not wait forever and may be reluctant to increase their financial support without these factors coming in to play. The question is, to my mind, exactly when did the Company tell the Bank those contracts would land and cash flow start. If misled the Bank won't be happy.

Just my thoughts - GLA and please DYIR before taking a view. I certainly did.

I have got to agree that signed contracts are the key now (perhaps the only key) - and a stream of cash flow and profits.

One small caviat to your other comment re lenders not lending unless they are going to get a return. As a former Lending Banker myself I must confess that we occasionally get it wrong? Too often projections and budgets look great on paper but without the income stream and profits eventually that business will fail. I do not believe that this will be the case here, hence my investment - but all hangs on the much vaunted contracts coming to fruition.

12% rise on relatively small volumes??? Someone know something?

Too many ifs, maybes, probably, expected, drilling to prove etc etc etc.
Just lookt at the recent posts to appreciate my point - very few positives all full of hopeful expectations. As I have suggested before, in my opinion too many projects on the go with any results uncertain, too little cash resources and no income to speak of.
GLA - a long haul I fear

Great tips and advice ARahim. If only we could always heed this. Very easy to get carried away by sentiment rather than taking advantage of jittery markets. Also far too easy to be too greedy in rising markets and get burned. I have bedn there. Nowadays, as a senior citizen I prefer the Warren Buffet principle which CB mentions - buy, hold and prosper - assuming we pick the right shares to buy in the first place. No room for anything other than sound research and no room for sentiment I guess - but then again we are all human, perhaps??

Apologise re my grammar and repetition here- small iphone, fat fingers, predictive text and need for my specs to do it properly could help. Also the post flicked off my screen before I had intended/finished -but you get my theme - a probable winner but happy to see the sp move in the right directionn for a change!!

Yep - keep topping up as cash flow allows. We should do very well here over time.
The 17% rise is a little overstated in relation to last nights close- but is still welcome progress — remembering thst we are still almost 30% down in the placing price and 50% down on fairly recent times on fairly. We should remember that and rewuire another 100% on todays close to get back there. Long may rhe push upwards continue to make up some of that ground.

Hope you are correct dubbs - but only a modest rise despite the significant excess of buys over sales today,

Good calls westie and china - I am on your wave lengths re firstly concern and then worry points of 2.75p and 2.5p which would be far too low - although it would not be worth selling at that stage - too much lost - so would hang in anyway (based on research and belief in returns to come, in my opinion - and - plus perhaps wishful thinking?). Hey ho - that's the risk we take on AIM and and part of the fun and buzz we must all get.
The NvS purchase at higher figures carries some credibility though - and he 'should know'.