Member Info for semaphorRed

"I thought you were based over in Spain, SR? You back in UK I take it if you're doing ISA stuff."

Ouch. Yes, indeed, I shouldn't really hold an ISA, since I owe to Spain. But who knows what the future holds and once an ISA is past it can't be reclaimed so I take them out anyway. Maybe the smaller portion of shares I hold in ISAs will be given to my kid if she goes to university in the UK or some other event I haven't yet thought of.

Just did my bed and ISA for 20 odd grand. And will do another 20k in a week.

Hopefully via a family trust to provide income for generations!

"and just for the record my handle Tobythedog is the name of my deceased Jack Russell terrier."

We just got a puppy and he's driving me NUTS. Ancient breed, he looks like the Egyptian dog god with the massive ears and he never stops running. Anyway, yet another solid day for Quadrise and give truth to Jason's statement that the bilateral contracts were with the lawyers for purely perfunctory reasons and that can be read into the other bilateral too.

"Coming up a lot at the moment."

It is. There's a lot of what I'd call "blue chip talk" recently rather than the previous "if we only had 0.5% of the global fleet".

"the parties plan to initiate commercial MSAR® and bioMSAR™ bunker supply operations to the marine sector through the MAC2 facilities in the Port of Antwerp-Bruges to MSC and other shipping companies on a permanent basis"

And other shipping companies.

On a permanent basis.

"slippage along the way"

Certainly. May/June is July/August in my head, and I'm absolutely fine with it.

Oh, I should mention that if the tariffs continue long term, it will be another considerably sized feather in our caps - having a major MSAR/bioMSAR production hub within the US itself. Part of the significant advantage of our product is that it can be made anywhere from almost anything, further taking advantage of an increasingly fragmented world.

Nothing to do with us though. Lucky us!

10 posts and only half the day gone.

"I'm up £150 on a .2 increase, I'm sat on around 54,000 shares"

This. Changes. Everything. Why haven't you told us this price sensitive information before?

Nintendo began by making handmade playing cards, Samsung originally had dried fish in their lineup and Nokia was originally a wood pulp mill making paper.

One thing I would say is that by any definition, like looking back 5 or 10 years for when we were in a much worse position, and comparing market cap to market cap, we are almost unbelievably cheap now. And on top of this we are really a completely different company - A lot of people here say "oh I've been waiting 15 years or 20 years or whatever" And that's kind of true but it's also kind of not true because we have completely new products now that we didn't have then, so there's a significant arguement for the fact that we are a really quite new company. It's a bit like Netflix starting out as a competitor to blockbuster video but at that point they weren't streaming video so they were fundamentally a different company with a different product.

"Forget P/E"

This is correct. It'll be ridiculously high in the beginning (right now, it's infinite) but won't be used in valuations for a long time.

"Out of interest what sort of share price would we be looking at if QED was making about 3-5m per year which covers company running costs?"

Assuming a similar sort of pipeline to what we have now? £1?

I think that's right although there's no hard and fast rule. Progress on a previously announced contract is already expected by the market and doesn't have to be announced - enormously significant, not material.

I'll be doing 40k in bed and ISA over the next week, seems a good price right now

I don't believe anything definitive has been published on this but the figure of $50 per ton has been spoken about. If we call it $40 per ton at 10k tons, that's $400k.

Ouch. That's a huge wall of text to say "Tomco is functionally bankrupt".

It's OK SC - I've also made investment mistakes. Now suck it up and keep it off the Quadrise board - Tomco has nothing to do with us.

And commensurate sells