Future prospects ~11 May 2021 23:47
You have to visualise what a business might grow into to see what it is worth .
I accept that through this extraordinary troubled year people have understandably had other more important priorities , at this point in time I think we are very undervalued for several reasons. :
The move toward a Green future has been under particular scrutiny for the past year . It seems that many Companies have stalled temporarily for many reasons , but there is no way that this essential change to human behaviour is going to be strangled at birth . We are at the very early beginings of a new begining and it will inevitably take time for change to gather momentum .
Some early investors clearly couldn`t wait , I suspect some were over exposed , some of the later arrivals have become disillusioned by the drift during the first four months of the year and some have taken short term profits and just moved on.
Their departure has probably not yet been replaced with enough new enthusiastic investors . I imagine he next wave will need some encouraging news of developments on contracts before there is a sustainable scramble for this stock .
It would seem that project closures and partnership investment has also been delayed as a consequence of Covid19 , lockdowns and the inability to maintain normal contacts , operations and relationships with other businesses . In the circumstances , I think we have done remarkably well .
Note I say delayed , there is no way that this business will not pick up momentum as the impact of financial , political and social issues return to normal . News on any partnership or even news of financial closures will probably mean this low valuation will be forever gone and the share price will advance accordingly .
I remain totally relaxed about the prospects for EQT and `Uber Enthusiastic `about the future !
There is so much news to come and I`m still confident of a dramatic uplift in value before this year is out .
Just my opinion .
VGLA .