Member Info for Simms45

Certainly would be fantastic if they posted that sort of profit but that would be almost a PE of 1 as CNE are valued at only £13m today. The interims, arguably front loaded with some HK listing costs, CNE pushed around £2m net profit. Therefore can you see the latter 6 months of the year doing so well althoough a lot of deals were in IPO document lined up for Q4? I would be very happy with £6m personally and would still see that leading to a re-rate as long as the BOD play its part and open an investor facing PR function as today its still a wall of silence if you have ever tried to contact CNE. However the only way forward is for the BOD to announce a maiden dividend. The pressure must be on getting that to happen even if a small one.

Interview told you everything we needed to hear. Eqtec are motoring at high speed and at appropriate time hydrogen can be bolted on. The key is to scale quickly, build partners as they are doing globally and to hit global market share leader look at license model to build 100s a year. Eqtec has all the ambition and hallmarks of a billion market cap company in the making. If the newsflow is as expected it could be this year. Revenue for me is the key and conservatively this sill grow 100-200% a year for many years based on Align and commonsense based on £200m pipeline. on top of that align reckons £5m and £10m net profits but while thats a bonus the market will value a high grow tech company on its revenue. DP for me so far is executing the trajectory i want him to hit. I can see why this interview was afterhours as its certainly the language investors wanted to hear.

As soon as you read about Bitcoin on all bbs and in newspapers you know its about to take one hellova beating. All i can say is the exit door is going to be very narrow :)

As far as i understand the actual management does not have 75% but the new HKex listing does not make it easy to find this and perhaps not a listing requirement? The £10m recent raise as part of the IPO diluted the whole shareholder register by 20%. However that is not to say the new investors are not somehow connected to the management so that is another question and having lost 70% of their value since the listing they seem quite quiet and not exactly asking the BOD for any action. Seems odd as if you were a institution on high net individual you would feel pretty much had if you lost 70% and company provided no information or do anything to actually promote the company. other investors might have a better exact number.

Eqtec will be dropping RNS all this year so i would find it incredibly hard to trade. the only trade i make is to buy and sit back and watch the show as ultimately it will probably deliver the highest return overtime. Look at Tesla in 18 months up 20x and trading must have been perilous given all the swings if they tried. This is a warmup RNS but proves demand and partner model working and can see dozens more of these added just in Greece as competitors see benefits and catchup. That is the key as whole industries will move in lock step.

Lse looks to have no price info but 2.5 now and rising.

Eqtec from personal experience has ebbed and flowed but for lths thats healthy and certainly i know what is around the corner that will put this little ebb into the shade. We are massively undervalued if we start to execute the trajectory we are on and i fully expect that to be the case but proof is in the pudding and that is where we are. Billingham will be worth a good slice of todays market cap and that is 1 project. We have dozens of projects in different states of play, partnerships in development all shortly to bear fruits and 2021 is the year of confirmation on a company that has put in the hard graft for over 15 years and now extracting the value. That is 15 years of investment, testing and ground breaking IP right on time for the cleantech revolution. Small comment on Bitcoin related is we need to remember to mine a single bitcoin today costs £15,000 in electricity alone in the UK? Bitcoin is and will increasingly be catastrophic environmentally and my suspicion is governments will mandate to do something about it. Personally would like to see those holding bitcoin to acknowledge the environmental catastrophe they are stoking and put their money instead into cleantech :)

53 5,000 JBER 07:54
54 5,000 PEEL 07:50
55 5,000 SCAP 07:53
55 5,000 WINS 07:31
56 5,000 CFEP 07:56
57 5,000 SING 07:51

Only 1 MM offering any stock at 53 for £2.5k only and you can see how quickly we will move to 56/57 on more buying. Certainly looking very tight given the wide spread of MM prices offered.53 5,000 JBER 07:5454 5,000 PEEL 07:5055 5,000 SCAP 07:5355 5,000 WINS 07:3156 5,000 CFEP 07:5657 5,000 SING 07:51

Currently almost no stock to buy at 2.27 and move to 2.32 looks likely and BID will then catchup. The buyer in background still looks to be trying ti pick up stock at 2.22 as MMs trying to buy at 2.19.
2.27 50,000 08:00
2.32 345,153 08:19
2.33 112,661 08:19
2.35 300,000 WINS 07:50
2.35 200,000 PEEL 07:58
2.38 164,500 07:51
2.4 200,000 SCAP 07:50

Currently almost no stock to buy at 2.27 and move to 2.32 looks likely and BID will then catchup. The buyer in background still looks to be trying ti pick up stock at 2.22 as MMs trying to buy at 2.19.
2.27 50,000 08:00
2.32 345,153 08:19
2.33 112,661 08:19
2.35 300,000 WINS 07:50
2.35 200,000 PEEL 07:58
2.38 164,500 07:51
2.4 200,000 SCAP 07:50

Quiet buyer filling their boots during the day at 2.2 and releasing the share transaction after hours so as to not alert anyone during the day.
Positive but sneaky.
Price should pickup speed tomorrow or quite likely someone with a bit more knowledge.

06-Jan-21 15:31:15 2.20 4,408,000 Buy* 2.15 2.21 96.98k O
06-Jan-21 17:17:16 2.23 2,000,000 Buy* 2.15 2.21 44.60k O

RNS below from the 10th December so only 4 weeks and note snippet for what is worth :

“ early in the New Year”

i would say we might well be in final countdown maybe starting with 10 to be fair :)

Just reading all manner of articles supporting a future boom in Ethanol demand and a very positive assessment. In china specifically demand is strong and biggest hurdle appears China not importing enough to cover demand from the US so presumably China will double down to increase local production and benefit CNE this year. Disinfectant has clearly been the big winner in 2020 and most ethanol has gone into this market as the margins presumably are much higher because this where Ethanol has been diverted.

“WILL CHINA BUY US ETHANOL?
Aside from the Philippines' import requirements, the other key question in the ethanol market in 2021 is, will China offtake US ethanol?

Traders and market participants had been fervently hoping throughout 2020 that phrase one of the China-US trade agreement would see China returning to buying substantial volumes of US ethanol. Instead, China became an exporter of ethanol in the year for disinfectant purposes amid the pandemic.
Prices of domestic undenatured ethanol surged above Yuan 8,000/mt ex-factory in 2020 as global demand for disinfectant soared. Exports of ethanol surged to 601,890 cu m over January-October from just 21,221 cu m in full-year 2019. Only a couple of cargoes of US ethanol entered China over the same period, totaling 9,015 cu m.

With China maintaining a 70% import duty on US denatured ethanol in the year, any inflow of US ethanol to China remained difficult at best. A Biden presidency might see a thaw in relations in 2021, which traders are hoping for.”

3.5p pre TK news would be a great place to start :)

For the first time in months it looks we have no major background sellers from the last placing and before TK close is announced i sense we will return to previous high of 2.6+ in readiness for news as it now feels a lot stronger with relative calm in Ethiopia, backdrop of a government wanting to get moving in their biggest export project of Kefi gold and rising POG. A perfect storm. My guess is this month if contractors are waiting to move in having now all been paid in full. could come at anytime realistically. Keep hold of those golden tickets as lths will be finally rewarded as that £60m of historic investment will finally be realised and move to be an asset. Equally happy if we can get a Hawiah upgrade this month also as that will help focus the minds on the multiple projects. Once we have TK finance we then have finance to do Hawiah and JQ and i am sure EG will be offering any decent prospects to Kefi by the truckload from recent cull of licenses in the country. Kefi will be in pole position to become Ethiopias biggest gold miner by a long way and with EG a shareholder that is going to come in handy to crank up the speed. quiet before the storm is very much in back of my mind but quiet move from 1.6-2.2 tells you everything you need to know.

We have 12-20 decent RNS expected this year covering partnerships, financial closes, big new customers and Patent resolution. We have a global backdrop of news that is gearing up and Jo Biden cranking up the Paris Climate Agreement to fever pitch and opening the cash sluices to max. Some companies you invest in might have some a chance of some good news incoming but in Eqtec we have a lot of good news that you can be pretty sure will land sometime soon, plenty delayed but the volume is strong so no hard feelings with some delays. Cumulatively it will be transformational and like many markets my hunch is Eqtec will become the global leader in modular gasification able to deal with 50 input feeds from 1GW to 25GW so covering industrial companies right through to councils looking to leap forward and swap out their belching incinerator or reducing landfill. Eqtec has simply many routes to market. Planning for a gasification plant is a whole lot easier than incineration and If Eqtec can snag equity pre planning its a goldmine. The value creation is Hoovered up by Eqtec at all stages (equity / build / revenue from gate fees / revenue from electricity / guaranteed 20 year revenue ) all of which can be moved onto an institutional investor at probably a 5% yield. People sometime compare to PHE but they are totally different business models and quite different appeal. Both in Cleantech but Eqtec are unparalleled in my view over next few years.

Great find and as a shareholder personally would be very happy to pay 10%+ interest on all money needed as it will take Condor all of about 2/3 years to repay on projected earnings and have no dilution. Certainly given we will own all land very very soon then you might hope this could be seen as an asset and be pledged to banks along as part security and maybe Jim and Ross billionaire investors act as guarantor to bank loan (maybe for a nice option package). The other options is a bit like Kefi Gold who have been for 4 years financing $213m but doing it with some 3rd party investor who will take 35% equity but key is that Kefi has nothing to invest themselves as they have already recognised the £60m historic investment as their investment so if it comes off (possibly weeks) its a great way to fund a mine and Condor has sunk close to £50m so far. Would like to see Condor explore options and in current climate offering a bank 12% interest patable over 3-4 years in large chunks could be great all round if you ask me.

Market pretty much knew yesterday or before we would have new 1 month lockdown or so and in my view nothing new and not very dissimilar to current state, although cant get a takeaway beer anymore. most businesses were shut already. Sentiment might hit a few stocks as only expected and probably the usual suspects in line of fire, although most of those stocks have been hammered so much not much left. Main difference today is vax will fix by April. Gold will motor north on back of more borrowing and its $1944 and rising. Anyway i am glad to be holding Condor and and not IAG or Cineworld.

Looking good to close the gap one way or another with Germany but long may we have great days like today with good volumes, new highs and pull backs. Keep the news links coming in particular coutries mandating to export of waste, cleantech subsidies and everything else to build up a global picture of what is going on. Be interesting how all these green bonds and investment funds are going to do with all the money they need to invest this year.