RE: Up this week10 Jul 2018 10:05
The more I look into this, the more I see this as a massive fresh start and new beginning for EQT. I believe we can achieve new highs of beyond 5/6p and have outlined what the key hightlights are for me:
1. Technology - unique, patented and working. They don’t have much competition, if any, and have already secured major MOU (even as of few weeks back) and contracts which have massive revenue potential.
2. Financing - with a partnership and investment with Blacktoro to be announced imminently with Ebioss (parent company)- Ebioss are set to invest significantly into EQT and thus the future financing of EQT will be secure for the long term. This means contracts can begin, expanding the teams, costs are covered for projects/contracts.
3. Blacktoro - as mentioned above - in addition to their investment, they will now have significant influence on Ebioss and subsequently EQT. Just researching into them, they are experts at managing companies in a situation like EQT and bringing out the best of their investments and thus highest rate of returns. They will want revenues to be generated, top management in place etc.
4. New board - per the last RNS- expect changes to the board and a fresh start. EQT within the last last year already brought on Ian Pearson on the board who was Minister of State for Climate Change and Environment. Now further board members are likely to come with expertise to allow EQT to grow.
5. Macro factor - the sector EQT operate in is huge, everyday articles are written about landfills and waste management issues in the UK - most recently the plastic issues and the elimination of plastic straws etc. This is an ever growing concern in the UK and the government are investing time and resources on it and EQT should and now will be at forefront to facility this matter.
I’m expecting a lot of business growth In the UK in the near future and given Ian Pearson factor too this is an area of high focus for the company in my opinion
Clean energy- this has always been a concern globally, EQT technology allows a two fold process of waste management (outlined above) coupled with clean energy production from it. This serves as a double pivot point for the company and makes them more attractive to when tendering for contracts.
Previously even last year we have reached 5-6p from the back of less significant news from the company. Now we have a long term financing, new board, major fund/investors coming in, new contracts etc.
in my opinion in the near future based on the above, this is why I can see this going higher than previous highs of the last year of 5/6p.
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