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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Questair Tech | QAR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 15.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 15.00 | 15.00 |
| Top Posts |
|---|
Posted at 15/5/2007 09:48 by keyno Thanks again Cerrito for your posting. Couldn't agree with your more concerning your last para and risks involved - I am sitting on a similar share bought and topped up on years ago that sounds fine in theory but - I am still waiting for the reward! Will stick with QAR though for time being and like you will not be adding at this stage.Agree 18 months sounds OK - let's just hope they are not being too optimistic on that one. |
Posted at 12/5/2007 08:40 by cerrito Notes from the Conference CallMuch of the questioning in the conference call was on the continued delays for the H6200's and the run up in costs. Repeated that they cannot predict when installation will take place but should be at the end of may. They have assumed they will not be able to get damages from the supplier because of the mad assembly of the equipment; commented that suppliers to the oil and gas industry are in control and can decide who to business with and the relationship that Exxon has with this supplier does not cut much ice. Emphasized that there have been a lot of QAR people on the supplier's site and hence the extra expenses. Discussed the contingency established for the warranty; while it is obvious that warranty costs are more relevant for new equipment of a large scale, I did not get clarity as top why this contingency was not required a quarter ago. Discussed the quarter end $7.5b backlog- the biggest ever and how this was caused by equipment being on customer's site but not commissioned. In the Cincinnati land fill deal, QAR had done its bit but was waiting for other suppliers to deliver equipment so that all tests could be made. Generally upbeat on the methane purification market and thought that the hydrogen recovery equipment sale to a Texas petrochemical(the old equipment had come to the end of its life) was important as it set up reference points for further sales. Generally they are now bidding on bigger ticket items than they used to in the past. Overall the decline in share price was to be expected. I have no desire to add until such time as we see progress with the H6200 but I take comfort from the statement that they have cash for 18 months. On another point shews the risks in investing in green/save the planet companies as was also seen in Friday's news from Mercury Recycling where the cause was delay in implementing legislation. |
Posted at 08/2/2007 23:11 by cerrito I listened to the Conference call but did not ask a question. As I only started buying in December still getting myself up to speed.Decided that I have as many as I want for now; but as and when they get concrete news that the H6200 has been installed the shares should motor. Anticipated cash burn for this year is somewhat off putting even though they have enough cash. At the same time feel little downside risk A good deal talking about the various delays of H 6200, and indeed the thrust of the questions from Cannacord and Edison were on this.( I assume as there was an Edison analyst Edison will start to cover). This reflects the importance of H6200 for the company and also how the timetable for the installation of the prototype had slipped so much. The Houston based supplier was approved by Exxon; two issues in the delay. The first is that the whole industry is so busy and all jobs delayed and the second is company specific. Suffice it to say that both QAR and Exxon have people on site with the supplier expediting things. This delay is bringing in extra costs which Exxon will not pay for.Exxon and the refinery in Europe which will host the prototype are ready.. Should be shipped mid april and installed/commission The revenue guidance of C$9/10m and cash flow burn of $C7/8m confirmed. Comment that first quarter gross margin was lower because fewer sales of high margin engineering services and also the H 6200 prototype is being done at zero margin. Seemed confident on other lines..ie now been around for some time...getting a reputation...widening both the industries and the countries they are selling to..mentioned that apart from H6200 had excellent record in shipping on time and on budget-which is indeed a key component of the bonus setting formula. |
Posted at 25/8/2006 23:17 by zico01 QuestAir to Supply Hydrogen Purifier to Hydro-Chem for Eastern European Hydrogen PlantFOR: QUESTAIR TECHNOLOGIES INC. TSX, AIM SYMBOL: QAR August 25, 2006 QuestAir to Supply Hydrogen Purifier to Hydro-Chem for Eastern European Hydrogen Plant VANCOUVER, BRITISH COLUMBIA--(CCNMatthe announced today that it will supply one of its H-3200 hydrogen purifiers to Hydro-Chem, a leading global supplier of industrial hydrogen plants. Hydro-Chem is a division of Linde BOC Process Plants LLC. Jonathan Wilkinson, President and CEO of QuestAir said that the H-3200 pressure swing adsorption ("PSA") system will be included in a hydrogen plant that Hydro-Chem is supplying to an industrial customer in Eastern Europe. "This is our first sale of a full-scope PSA system to Hydro-Chem, and follows the manufacturing license agreement that we signed with Hydro-Chem earlier in 2006 which covered our larger capacity H-3100 PSA systems," said Wilkinson. "We are extremely pleased to extend our commercial relationship with Hydro-Chem to include our smaller capacity H-3200 systems." Dennis Norton, Hydro-Chem's president said, "QuestAir's H-3200 PSA hydrogen purifier has established a market- leading position in hydrogen purification market, and we are very pleased with the performance and cost benefits that the H-3200 offers to Hydro-Chem's smaller-capacity hydrogen plants." |
Posted at 25/8/2006 23:16 by zico01 QuestAir H-3200 Hydrogen Purifier Installed at SunLine Transit Hydrogen StationFOR: QUESTAIR TECHNOLOGIES INC. TSX, AIM SYMBOL: QAR August 25, 2006 QuestAir H-3200 Hydrogen Purifier Installed at SunLine Transit Hydrogen Station VANCOUVER, BRITISH COLUMBIA--(CCNMatthe (TSX:QAR)(AIM:QAR) announced today that one of its H-3200 hydrogen purifiers has been successfully installed at a hydrogen fueling station operated by SunLine Transit Agency ("SunLine Transit" or "SunLine") in Thousand Palms, California. QuestAir's H-3200 is incorporated into a commercial on-site hydrogen generator supplied by HyRadix Inc., a Chicago-based company and a leading provider of on-site hydrogen generation systems and supply solutions. HyRadix's commercial Adeo(TM) hydrogen fuel generator replaces a prototype Adeo(TM) system that has operated at the SunLine Transit hydrogen station since 2004. The new hydrogen generator provides hydrogen fuel for SunLine's current hydrogen-powered vehicles, as well as supporting SunLine's plans for future expansion of its hydrogen bus fleet. Jonathan Wilkinson, President and CEO of QuestAir said that QuestAir has had a long association with the SunLine Transit hydrogen station, having supplied a hydrogen purifier to an earlier hydrogen generator installed at the station in 1998. "We are extremely pleased with the successful start-up of the H-3200 as part of HyRadix's Adeo(TM) hydrogen generator. The system performance has fully met expectations since installation, producing high purity hydrogen that meets the demanding purity specifications of the major fuel cell vehicle manufacturers." The H-3200 unit was supplied under the terms of a supply agreement with HyRadix announced in June 2005. |
Posted at 15/2/2005 10:16 by ok,yah Started a new thread to share information on this newly floated company which announced a new contract today. Looks worthy of attentionRNS Number:6000I QuestAir Technologies Inc 15 February 2005 For Immediate Release 15 February, 2005 QuestAir to supply H-3200 hydrogen purifier to AC Transit Hydrogen Energy Station BURNABY, B.C. - QuestAir Technologies Inc. (AIM: QAR; TSX: QAR), a developer and supplier of advanced gas purification systems for refinery, industrial and fuel cell markets, announced today that it will supply a H-3200 hydrogen purifier for use in the AC Transit Hydrogen Energy Station currently being built by ChevronTexaco Hydrogen Company in Oakland, California. QuestAir's H-3200 will purify hydrogen generated from natural gas using proprietary small-scale hydrogen production technologies integrated by ChevronTexaco Technology Ventures LLC. Purified hydrogen from the station will fuel AC Transit's fleet of three 40-foot fuel cell-powered buses, which are expected to enter passenger service in the fall of 2005 and early 2006, as well as future fleets of light duty fuel cell vehicles. The station will also have the capability of generating high-quality electrical power using a stationary fuel cell and excess hydrogen produced by the station. Jonathan Wilkinson, President and CEO of QuestAir, said that the AC Transit hydrogen station will be the seventh hydrogen fueling station in North America and Japan to incorporate QuestAir's proprietary hydrogen purification technology. "QuestAir has developed strong expertise and experience in providing compact, cost-effective hydrogen purification solutions to hydrogen fueling stations around the world. The AC Transit station demonstrates the incorporation of QuestAir's H-3200 hydrogen purifier into ChevronTexaco Technology Ventures' proprietary integrated technology. Together these technologies have the potential to cost-effectively generate high-purity hydrogen fuel from natural gas," Wilkinson said. QuestAir's H-3200 purifies gas streams containing hydrogen to high-purity hydrogen for use in industrial processes, hydrogen fueling stations and stationary fuel cell power plants. The H-3200's optimized Pressure Swing Adsorption (PSA) process and proprietary rotary valve technology deliver higher efficiency than conventional PSA systems in a more compact, cost-effective package. Since the product launch in 2003, QuestAir has sold 24 H-3200 systems to customers in Europe, Japan and North America. Certain statements in this press release may constitute ''forward-looking'' statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "anticipate", "believe", "plan", "estimate", "expect", "intend", ''may'', ''will'' and other similar terminology. These statements reflect current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements. About QuestAir Technologies Inc. QuestAir Technologies, Inc. is a developer and supplier of proprietary gas purification systems for several large international markets, including existing markets such as oil refining, biogas production and natural gas processing, and emerging markets such as fuel cell power plants and fuel cell vehicle refuelling stations. The Company has joint development agreements with Exxon Mobil Research and Engineering Company and Shell Hydrogen, and a collaboration with FuelCell Energy. QuestAir is based in Burnaby, British Columbia and its shares trade on the AIM Market of the London Stock Exchange Plc. and on the Toronto Stock Exchange under the symbol "QAR". For further information please contact: QuestAir Technologies Inc. Andrew Hall Director, Corporate Development and External Communications Phone: (001) 604-453-6967 Email: hall@questairinc.com Web: www.questairinc.com |
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