Energy Tech. Share Discussion Threads

[8trader] 20/2/2008 11:10

He must be just under 3% then !

1.9 mil market cap, cash works out at around 60% of market cap.

Mid price of 5.75p, eps of 1.5p H1, say conservative .5p for H2
and you get 2p for the year, cash is about 3.5p per share, that
would leave 2.25p earning 2p...lol...

Checking online it's down to 25k offer at 5.75p from 75k so somebody(s)
are having a nibble but trades are not showing anywhere.

[someuwin] 20/2/2008 10:56

Oops...

"On enquiry by the Company, the Company has established that the notification was wrong and Mr. Mehrdad Ezzi does not have a notifiable interest."

[8trader] 19/2/2008 21:56

Care to give a reason why topvest.

I make todays fall simple, there's been a overhang and anybody trying
to sell way above NMS has been battered like the 50k+ seller today who
took 5p against the bid price of 7p and thus the price dropped to another
new trading level, if supports comes in the price bounces, if not and people
try to sell any size it falls again.

But these 2 new buyers of over 3% announce just a day apart gives a clue
there is value here and i see the value too.

[topvest] 19/2/2008 21:49

Looks like this is going down the toliet again.

[8trader] 19/2/2008 21:43

If these new holders have got their stock from Psg which is well known
for selling up then that would put almost 80% of the stock in large
holders with Trianda 60% and James Lugg 12% the 2 biggest holders

20% of stock is 6 mill shares left, it's a not a lot when you consider
there will be other a few holding 1-2%'s as well.

It wont take much buying to reverse the slide in the shareprice with
good fundies to back Etq at these low levels.

[forwardloop] 19/2/2008 18:41

Saw some statement the other day that Plus markets now taking some 27% ? of LSE trade.
I think you will find that most of AIM stocks in these low volumme days now trade a majority on Plus.

[woodie3] 19/2/2008 16:44

no probs the trades for this stock stink, no big buys have shown in the last few days yet 2 rns come out over 3%.

[folderboy] 19/2/2008 16:30

Thanks - thought not.

[woodie3] 19/2/2008 16:29

no its not

[folderboy] 19/2/2008 16:27

OK I should know but .. is this traded on PLUS? Else where are the trades made earlier today - including my 5K?

[8trader] 19/2/2008 16:06

Surprised this has not bounced back yet.


Very good fundamentals and now 2 new 3%+ holders
in the space of a day.

[woodie3] 19/2/2008 15:30

Energy Technique PLC
(the 'Company')

Holding in Company

19 February 2008

The Company was notified today that Mr. Mehrdad Ezzi is interested in 1,185,721
ordinary shares in the Company. This holding represents 3.56% of the Company's
issued share capital.

Enquiries:

Ian Fenn 0207 512 0191
Blomfield Corporate Finance Limited

[folderboy] 19/2/2008 12:58

Only added 5K - small trade and yet still not showing?

[horneblower] 19/2/2008 12:54

The only thing to be said for buying them here is that they are at the bottom of both channels on the chart. It's a takeover possibility I suppose.
I keep an interest in them as I have a small number of shares from 84p. It turned out to be what my old broker friend ironically called a "long-term investment". Still, at least I don't hold them from £50.

[8trader] 19/2/2008 12:40

It really does actually look the cheapest stock out there, i thought
Amu was hot with 5.6 PBT next to a 9-11 mil market cap but this could
actually better it with maybe PBT of 750k-1mil next to 1.8 mil market
cap with over 1 mil cash and no debt.

They warned with those results at 14p ish and now it's 6p to buy, it's
worth the risk imo.

[sirmark] 19/2/2008 12:36

This has got to be the steel of the century 72% not in public hands....

I do Still hold these

As for the drop ..not sure on the reason so hence me reluctant to buy more even at these very cheap levels???? hhhhhhmmmmmmmm.

[folderboy] 19/2/2008 12:34

Taken some of that 75K

[8trader] 19/2/2008 12:30

Offering 75k at 5.75p online, offer is 6p but next offer is 7.5p on L2.

Bit of a overhang tbo but it brings up what looks like a bargain
price to take a gamble with.

[8trader] 19/2/2008 11:39

This looks incredibly cheap on the back of a panic seller.

Market cap now under 2 million...they made over 500k in H1 and warned
on H2 but still expect to make profits, they almost have the market
cap alone in cash unless i'm missing something, was going to buy these
at 7p or higher last night and picked them up for 5.75p (my small trade
not showing)

The Group also produced a strong Net Cash Generated from Operating Activities for the half year of £0.34 million
(2006:
inflow of £0.24). At 30 September 2007, the Group had a net positive in-hand bank position of £1.25 million (2006:
£0.83
million), with no bank borrowings or similar debt

[weegeordie] 19/2/2008 11:19

Massive drop on not much volume - 3rd on losers' list - don't know if this is justified by some underlying fundamentals, a large seller in the background or MMs trying it on because they can.
WG
edit -p.s. was thinking of buying some at these levels but not so sure now.

[markinthepark] 19/2/2008 10:58

Not good then.......shame really because results were pretty good as I recall

[markinthepark] 19/2/2008 10:37

Are these good value now or to be avoided at all costs?

[sirmark] 18/2/2008 18:19

PSG at the last coung had aprox 2.8% so the next RNS with regards to holding should be PSG no longer have a interest

[8trader] 18/2/2008 17:37

If Psg had 4.25% and 10% is 3.3 mil then they have or had around
1.3 mil, if they sold the 500k then they would be down below 3% ?