Member Info for Simms45

While it would be fun day on announcement for me its more a 2-3 month trajectory but certainly 2-3x todays value if we get Billingham and then a series of smaller projects as its sets up next step change in business so i think that is fair over this time period. even then we would be only a £80-£120m cap company. when you look at how undervalued we would then look compared to PHE and forward revenue and profit projections i see Eqtec looking more like 5x today. There are some research papers on Eqtec putting 2.5p valuation just on what is known so i am actually being pessimistic against that. The recent placing obviously has been a drag and we should be a lot higher. But look at world post Covid, look at governments/corporates clamouring to shore up green credentials and meet targets and look at Eqtec on the money with a turn key end to end waste to energy modular kit that suits many types of input feed and can do everything from planning, financing and taking equity stakes early in projects and they could probably have 100s orders globally as they are not targeting enormous 10 year planning plants but smaller projects that get fast turnaround. The absolute genius to the whole propostion is not only is Eqtec top tier in terms of waste to energy conversion, almost double incineration with no environmental air pollution but companies can actually turn this into a profit centre with the feedin tariffs that Eqtec setup, although many companies will actually consume the electricity themselves or use locally. Really this is one of those magnitude jumps where it all makes sense. Imagine companies are actually able to make a profit from this and Eqtec do everything for them? The biggest danger is actually taking on too much and spreading themselves thin. Also i would add that pesky Aries patent spat would ideally get resolved as its an unknown regardless that it appears meritless.

Eveyone jockeying for position for the next slew of news i suspect. Southport popped us to .72 the other day so imagine what some of the larger projects will do. There are so many potential contracts on the horizon and Billingham alone will put Eqtec into orbit. Eqtec raised £10m at .45 to allow Eqtec to leverage into these projects and it seems almost ridiculous we are sub £40m when the future revenue growth and profits are fantastic for next year. Honestly i cant see a cap to its market cap growth if it nails the business model as competitors are not even close.

Spreadex are still selling this morning but looks to have fixed their price at 2.55 for now. i used to question my sanity when a share seemed to have everything going for it but seemed not to move or sometimes continue south. however it is now a pretty good signal for me to see an institutional seller exiting for other reasons than prospects of the company because it gives time to complete research as best you can but not miss the move up by checking the rate of sales as the speed can give you insight into real demand so when seller does stop you know how share price will react. Woodford in Eve was a classic but also Condor was another where forced sellers tanked the stock to silly o’clock prices. Spreadex is not a forced seller so selling into the wind and hence the steady climb but Kefi are well positioned for this point in gold cycle as while producers have been main winners last 12 months those on cusp of production are next in line.

Nice to see a chunky sell in the background that i have been suspecting is going on and probably Spreadex as there is strong buying last few data but stock is stuck at 2.6, which is great if your upping your stake. Might get an update soon on Spreadex but could be a strong performing day tomorrow if there is a pause of Spreadex selling.

15-Sep-20 14:53:47 2.5759 5,000,000 Sell* 2.56 2.62 128.80k

While Condor is one of my cornerstone investments and very happy to be in long-term i see October being the start of a change in gear but if you have some spare cash its worth casting your eye over Kefi gold and copper. PEA due for Saudi massive copper find any day now and the elephant in the room is a big potential financing agreement in early October to build its 1m ounze mine and £35m mcap today. There are some parallels with Condor. A lot riskier than Condor but have been following closely. Possible good return over next 3-4 weeks if all goes to plan or if not pretty big egg on face. Also i would look at Eqtec waste to energy. Also due a number of big RNS on 2 massive projects that could kickstart big interest and just sense it is now or never and also nicely around £32m mcap for what i consider one of smartest business models in this space. however Condor is going to be a spectacular stock to own as if we prove up the 5m ounze gold district then even GGP are not talking about so much bigger resource and we own 100% and we are ready to start drilling. MC has always said we are drowning in targets and he is conservative by nature :) . many great companies on the cusp of greatness all at the same time it seems.

Tomorrow is a new day and Eve results will filter through to a wider audience who tend to invest based on known facts and where the risk profile is low. I think Eve ticks a lot of those boxes with close to £10m in the war chest. I would be quite confident to think we should hit 10p by Christmas Eve!

The Boots partnership is the creation of a "well slept" range for christmas and not mattresses. The clear benefit for Eve is not only additional profit but provides free brand marketing as a premium sleep brand. Boots allows Eve to have full coverage to a largely female clientele who probably are the primary target audience for new mattress purchases. Its a win-win and a shrewd move by Eve and long do they secure deals like this that will not be about big marketing spends but smart partnerships.
https://www.retailgazette.co.uk/blog/2020/09/eve-sleep-partners-with-boots-for-christmas-range/

i have not really looked at GGP in detail but undeniably they are onto something big but how big near that is the game. The longer GGP can get away without releasing any real numbers people can imagine fantastical resources. Certainly for a company probably many many years from seeing any revenue i would certainly be reviewing the near £1bn valuation for a land concession and where i understand GGP do not own 100% but something more like 20-40% depending on their partner. Hats off to all those who have done well off but please top slice and load up on Condor as doubling Condor seems more likely over the next few months than GGP hitting £2bn :)

Although not an exact science there has been good volumes today and reasonably equal in proportion of buy and sells with a lot more buying since 11am and heading back to 6. Does not take much volume to move this in one direction or another.
Sold Value £275.75k
Bought Value £252.73k

He might have also compared the actual tree variety between Finland and California and noticed a difference. Quite bizarre to make the comparison but Eqtec should prosper as North Fork could turn into 100s of waste to energy projects all along California. I have to say if some cash comes free fro the scrum Eqtec is looking one of the best looking stocks for forward news and potential. Have been here many times where a stock seems to sit for months at the same price and then before you know it Eqtec will fire past 1p and people will wish they bought sub 1p. it will happen :)

The only reason i can think why they are rebuilding a road to the Americas pit and not in 18 months time is the sound of toll mining :) Would be nice to hear the deal is on and not only that but we start sooner than expected?

Things are picking up back to 6 as we speak so the day is young and new investors are back in with confidence. There is every reason to expect positive news leading up to Christmas as Eve upgrade their revenue forecasts again and new management will sign new contracts for distribution. There is also likelihood that we might see some new big investors will come into the fold or Dr Jo will up his stake from 5%. Backing a successful business that is valued so low in a stock market that will see a lot of losers over the coming 6 months is a good safe haven if ever i saw one.

While Wyndrum and others have sold out this morning to move onto other stocks Eve is back to an almost 0 valuation once cash in removed and investors looking for the growth stage in the company will come into Eve and move into long term investors. Everything is set for growth and larger investors will start to move back in. The drop is momentary for those looking to hold for the medium term and 10p will not be far off.

Key for me is positive forward guidance and there seems plenty to be proud that shows we are firing on all cylinders and profits are increasing :

“Partnership with Boots to stock a range of 'well slept' eve Christmas gifting products online and across their UK store estate from October
New French retail partnership with Olivier Desforges showing initial success and now rolled out to eight stores. Early stage trial in two Casino stores from July
UK spontaneous brand awareness in August 2020 up 200 bps year-on-year to 17%
Net cash as at 31 August 2020 of £9m

small question but if Immedia group own 2.5% of Audioboom correct me if i am wrong but they are listed at £25m market cap so 2.5% is £625k? Am i missing something?

Good to have a high roller in our midsts and hopefully you can put that cash to work in the direction of Kefi? Noticed you "Topped up 4000 shares at 20.18p with ii, no problem at all." in EUA back August so are you still invested?

Down to last MM at 6.8 so could be 7 before cop.

6.8 20,000 SING 13:46
6.9 25,000 WINS 12:29
7 25,000 SCAP 11:33
7.1 20,000 JBER 14:43
7.1 20,000 PEEL 14:41
8 20,000 FCAP 10:56

Some biggish buys going through £27k and £8k and l2 looking to push beyond 6.8 so could be a strong finish today.

Eve are undervalued on all key metrics from being worth almost nothing, once you strip out the £10m cash, to being profitable month on month that is not yet factored in, through to its leading ecommerce brand for mattress sales online that will only improve its value through next phase of Lockdown2. Throw in large sales of its high margin premium hybrid mattresses and plenty to look forward to and 10p is really where we should be going into results but the market is the market and happy to see that happen over the next period. What we are dealing with here is a company who were given up as dead who have in space of 6 months turned things around and looking to be coming out leaner and fitter. That is a great growth story that investors are looking for as a hedge against the imminent destruction of large swathes of stocks.

Quite a few handbags being thrown about at 7p so might take the afternoon on the offence to break through that resistance. This was the previous high before the shake so hopefully we will secure the 7p line by close and see how the results land which hopefully paints good forward guidance, which frankly is almost in the bag given the shutdown of the UK as we speak. Given the rule of 6 basically stops the country from doing most things. Forget about people returning to the office! As retailers have the rug pulled from underneath them with so far no expectation of another bailout Eve mattresses will be flying and must be seen as a hedge for many retailers looking for sales growth. You might find more investors taking 5% stakes like Dr Jo.