We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Questair Tech | QAR | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
15.00 | 15.00 |
Top Posts |
---|
Posted at 13/12/2007 18:07 by cerrito Q and a highlights Conference CallCash Balance While cash burn is forecast to reduce to $8m this year partially due to lower capex (my notes tell me down to $1m) and r and d recognized that with cash balances of $8m and unused bank facilities of $2m at 907 do need to explore what they described as a range of options concerning their financing; no decisions have been taken by the Board and will be taken in quote relatively near term unquote. This is a big downer. H6200 Went live just more than a month ago and has been working very well and while they do still have people on site it is being essentially run by refinery staff. Recognized that will need for it to operate till end of march for it to have credibility to start getting major sales but a clear priority for fiscal 08 is to make the first what they term a first fully commercial sale. Sales Backlog Their aim is to convert the 907 sales backlog to invoices by 1208 with 80/85% being booked by fiscal end 908/ Those that will be recognized in 08 calendar q4 are two big orders placed in 07Q3 which will be delivered in Q3 and recognized in Q4. Would not give guidance as to anticipated future order backlog- fair enough . Methane/Hydrogen purification Felt comfortable Both going well especially helped by high gas prices. Commented that have a much more diverse product line than a few years ago. They will be putting more r and d money into bio methane. Supply Chain Clarified that generally speaking no supply chain issues apart from 6200. At the time of the last conference call had been a problem given the rapid rise of their commercial orders with internal project management teams and external suppliers but claimed this had been sorted out. ShareTrading and shareholding Confirmed that more trading on TSX than on AIM and that their impression was that European investors were tending to use TSX. Claimed they had a diversified shareholder base for the 75% of shares not held by their 2 big investors but given complexity of their story few retail investors Fuel cells As an ITM holder interested in a comment that was not expanded on that they have as I understood it won a research contract with Exxon/EMRE for hydrogen fuel generation looking first at forklifts and then fuel cells. Unfortunately they spoke rather fast and mumbled a bit. Conclusion My gut feel is that this company is going to make it but our patience will be tested especially with the need to raise cash.I will be pleasantly surprised if this time next year the price is more than 35/40 but am still holding on. |
Posted at 24/4/2006 21:58 by phil2003 it's on the top risers for investor-ease.bye! |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions