Eqtec Share Discussion Threads

[juju44] 22/11/2024 11:49

Can this go below zero

[block4gooner] 15/11/2024 12:49

So EQT sold all its 60,606,061 shares in MNRG for £200k which equates to 0.33p average as MNRG sits at 0.51p so if they sold today or yesterday would be worth £300k

[neilll77] 08/11/2024 16:22

GEORGINA ENERGY [GEX] MAIN MARKET STOCK

🚀 BOOM!!!!! AND YET ANOTHER X POST @ 1.36pm today 🚀


#GEX Hussar: "Preliminary site visit scheduled for Nov 24-27 with traditional landowners & environmental consultants, vital for securing our drilling application with DEMIRS. Resource upgrade and seismic reprocessing are underway for guaranteed December start!!! #GEX #Energy


Absolutely EVERYTHING is in place and the CEO has
£3 million of own cash involved
Guaranteed drill!!!!!


*NT to buy @ 9.47p*
8.5% up and 20% in 2 days from the lows


This was a 12.5p RTO & PIs paid 19.40p back early August

[pa123] 07/11/2024 16:20

whoooah hang on a minute, are you suggesting they complete projects one at a time, and then actually make profit, like a proper company? A bit too complicated for Palumbo I think

[tenapen] 06/11/2024 20:21

Can they not get one over the line to generate cash to pay down the debt / loans and then mover onto the next.

[marktime1231] 05/11/2024 11:36

'Ere lads I've 'ad an idea, next design meeting Honolulu right?

[tenapen] 18/10/2024 11:26

.

Where is Mrs deccer ? chung

[ken chung] 18/10/2024 11:24

Falling nicely.Thanks for the wealth transfer.Lemmings and mushrooms only.

[pa123] 10/10/2024 13:14

Not down the swanny for smirker, I wonder how much the brown envelope contained? ... nice little earner wink wink..

[stevea171] 10/10/2024 10:47

Another £95k down the Swanny.
INSP a few days ago announces a halt to development and is to become a cash shell.
DP has just chucked away another £95k to his mate John Gunn.
EQT will likely get nothing back.
The genius CEO. Has he made even 1 good investment? EVER?

28/5/24. Inspirit Energy (INSP). The developer of micro combined heat and power boilers and waste heat recovery sees shares jump on order to develop and sell an inspirit waste heat recovery engine to Eqtec PLC. The contract is to supply one initial unit for £150,000.
Payment for the initial unit will be separated into two instalments, the first being an immediate £95,000 before the balance is paid six months later.
Proceeds will help Inspirit with final testing, continued development and delivery of the unit, which is expected to occur between the first and second quarter of next year.

[tenapen] 05/10/2024 08:06

When chung and Mrs deccer where all over EQT along with share talks crew .... I told them straight it was a dud as eqt had no money = expensive loans and too many projects.

Happy to help you chung - no thanks required my boy

[ken chung] 04/10/2024 14:35

Down it goes.

[schofi2] 27/9/2024 10:26

From Simply Wall St

First half 2024 results:
€0.016 loss per share.
Revenue: €1.45m (up €1.30m from 1H 2023).
Net loss: €3.19m (loss widened 32% from 1H 2023).
Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom.

[stevea171] 26/9/2024 09:56

Thanks to SloppyG from LSE:
Not a lot to like here financially imo and results pretty much in line with my worst case. Predicted Operating loss of €1.7m and came in at €1.63m loss.

Revenue and GP a bit better than thought but Opex is still completely out of control and is killing the business. What happened to the so called 20% reduction in overhead ? Opex H1 23 €2.1m H1 24 €2.3m.........so costs have actually increased by 10% !

Debt is now > €6m and Net Assets down to €19m although a significant chunk of this is Intangible goodwill and spurious investments that are very hard to ascertain true underlying value.

I imagine Operating losses in H2 will also be c€1.5m so the recent cash raise is not going to last long. It is difficult to envisage them being able to avoid tapping the market again in due course with this current level of overhead. "Strengthening" the Board will not have come cheap and note the private equity experience.......still feels the the most likely route out of this.

[jumpenjim] 26/9/2024 08:04

I don,t think anyone believes this confetti company any more not surprising

jj

[juju44] 25/9/2024 13:02

When plant doesnt work they lose a fortune trying to fix it

[stevea171] 25/9/2024 12:37

Is this second hand 'news' worth anything?! From LSE 23/9.
>>> No news on North Fork from Palumbo even though we gather from Phoenix it is up and running, (although as we have discovered with Italy up and running has a very loose definition), The lack of news and actions to destroy shareholder value is straight out of the MBO playbook,

If North Fork is operational it is likely to be stop/start as per the Italia MDC which would be why EQT doesn't want to mention it ......

[marktime1231] 23/9/2024 10:21

I'm guessing no-one bought any of the 20 million retail shares on offer otherwise they would have had to make a listing announcement?

What chance the new NED will be putting his own money in?

[vatnabrekk] 06/9/2024 08:35

Good question!