Member Info for rusty_investor

Try reading the RNS before you slip on your banana. It clearly says the tech is owned by the CTO through his company Syngas Technologies... it doesn't matter what name the patents are filed in. Instead of telling me to go to sleep you need to wake up.

Maybe I've been asleep but who else wasn't aware that we don't even own the IP to the gasification technology??

Companies normally only pay dividends out of profits so I wouldn't expect Plc shareholder dividends for a few years. Eqtec's quity ownership position in project SPVs is where the company is likely to accrue dividends although cash only tends to flow (from profits again) once any debt has been paid off... so again may take some time.

Puzzled. Unless I'm missing something the notes to the financial statements in the annual report are incomplete. The annotations against the financials refer to note numbers going up into the high 20s but the actual notes shown only go up to 12. And notes 13 and 27 are supposed to detail the employee share based compensation.... as an example of interest. Has anyone else noticed this?

It seems there were problems which were never identified publicly - maybe pre the merger/RTO. Whether it was an Eqtec issue or an owner issue nobody knows or is willing to say. However, if there's not much work to get them operational, they could be quick wins to start generating revenue/profit. Overall I see it as a positive.

Well that answers one thing that has been bugging me - why there was no operational data about the other plants Eqtec built. The owners couldn't operate them which is why Eqtec is looking to buy them. If they're already built it may mean not much work to get them going - just needs the funds to buy and make repairs. More revenues in 2021?

I see this statement in the RNS from this morning:

To date, four commercial plants have been built and are using EQTEC's advanced gasification technology, which is proven and patented for sustainable waste-to-energy projects. The oldest such plant, built in 2011, has operated for over 125,000 independently audited engine hours, receiving highly commendable feedback from leading gas engine company Jenbacher relating to purity of the syngas, reliability and efficiency.

I've asked before but not been able to find out how many years or hours our other plants have been operating. Does anyone know?

Eqtec mentioned here.

https://www.investmentweek.co.uk/analysis/4026453/flotation-celebration-aim-boom-offers-investors-access-exciting-growth-companies

DG. Is that the short position you've opened by any chance???

Aandi. Reading between the lines it looks like GE decided to withdraw from the gasification market. Is there anything in the older North Fork meeting minutes that sheds any light on this? In any event, they picked up Eqtec very quickly which must show a confidence in the technology.

I read somewhere that GE sold their tech to Air Products. Maybe that caused the change? Not sure if anyone else knows.

Do you have the web link to the German exchange for Eqtec?

Make it so! Was a reply to Jean Luc Picard's prediction. Sounded funnier in my head...

I'll get my coat... :-)

Make it so!

There's a chance these people either have or know people who might want to short the stock for their own gain. See if they continue with their antics the next few days...

Lol. Not quite unrelated... talking about CGT implications on the back of this share growth! Apologies for setting a few hares running ;-)

That makes more sense. You can't decide to move your shares which have gained in a trading account into the ISA without potentially realising the CGT liability. You only benefit from any rise within the ISA from the point that you have re-purchased the shares in the ISA. Is that right?

Thanks Aandi. Am I right in thinking that I cannot transfer shares into an ISA?

Thanks. One question - if I set up a SIPP and want to transfer shares in do I have to pay CGT on the transfer?

Morning guys - great news today! Following the steady rise here just wondering whether anyone has an opinion on the impact on the potential new UK CGT proposals for 2021 and share sales. If you're not invested in an ISA will there be temptation to sell shares prior to any changes coming in?

My shares are not in an ISA.