Eqtec Share Discussion Threads

[neilyb675] 17/6/2020 10:58

0.8169 PAID

[neilyb675] 17/6/2020 10:55

BUYS POURING IN !!!


SHE'S GONNA BLOW CAPTAIN, I CANNAE HOLD HER NO LONGER !!!!!!!!!!!!

[wilsonst1] 17/6/2020 10:49

Interesting post from Eqtec https://www.goldmansachs.com/insights/pages/carbonomics.html

[m4rtinu] 17/6/2020 10:43

Skinny - thanks for graphs, though they do mess up browsing on phone. 😀

[hoper1] 17/6/2020 10:40

And David reckons this has the potential to be a fully blown FTSE company...

[aja2] 17/6/2020 10:27

You did say that in the 0.5s, and I said it was still undervalued. EQT at 0.20p reminded me of ITM at 20p, in terms of being undervalued, not commenting on the ultimate market cap.

[sloppyg] 17/6/2020 10:26

Is it fair to say that it it the tech that is EQTs USP ? Do we have any idea how strong the intellectual property rights are and the ease with which the tech could be broadly replicated by a new entrant ?

I guess the commercial hours the tech has already been in use for stands them out from the competition and will be a key factor that potential customers rely on when choosing a business partner.

They really do seem to be in the right place at the right time. Very difficult to value the business based on any earnings based approach as the potential appears explosive and that coupled with market leading protected tech means it could go anywhere.......

[skinny] 17/6/2020 10:20

M4rtinu - sounds reasonable.

[ny boy] 17/6/2020 10:15

Stay long here for a few years to allow time to develop.

Also been accumulating (REAT), who doesn’t love a Covid deep clean company, certainly they will be beyond busy as the cash keeps rolling in.

[wageslave] 17/6/2020 10:14

No doubt, but with this momentum looking like a penny by the end of the week to me.

[skinny] 17/6/2020 10:12

I'd say it looks very over bought, but there seems little point!

[neilyb675] 17/6/2020 10:09

cheers, 5p seller here....

[m4rtinu] 17/6/2020 10:09

Skinny, I think implied 0.78 would be a good initial target/resistance point. Apologies if I am misrembering.

[m4rtinu] 17/6/2020 10:07

Ta, from me too.

[gspanner] 17/6/2020 09:57

Worth repeating this post (legend IMO)...

The Analyst kindly allowed me to copy and paste this corker of a post: (from mid May)

˜For those who cannot see it

1. David Palumbo is the Managing Partner of Origen Capital.

2. David Palumbo, first moved onto the board when Origen were financing Ian Prices EQT & wanted their man on the board.

3. Origin introduced Altair to this company. Altair know David Palumbo very weI'll.

4. Altair are fully behind this, having staked just shy of the magic 30% in Equity.

5. David has spoke about the Riverfort financing due soon, specifically around an SPV rolling up to the EQT head company (any guesses who will be throwing cash in here without increasing their 30%)

6. Once the financing is sorted, all investors will be strategic. There will be no one there who doesn't want to be, therefore no major sellers

7. EQT are at financial close stage of another project (Greece). They are also working closely & approaching final stages of others (rhymed off by David on the call)

8. In bed with massive multi nationals

9. On the call, reading between the lines, David most definitely said of course they would be interested in a takeover, but not at these ridiculously low levels.

10. David has a background in project financing

11. David just issues warrants to him & all the staff at 0.25 redemption.

Let's join the dots then....

David (via Origen) has skin in the game. David via the warrants has skin in the game. Davids buddies (Altair) have skin in the game.

David has a tremendous relationship with partner COBRA. EQT is small fry to them, but their tech would be a very welcome addition.

David has a value where him, his mates & existing shareholders can sell this on to someone else where everyone makes bucket loads.

Old none strategic investors are finishing their exit, all aboard new guys.

Project pipeline will be executed

This will hit the magic price where everyone will be happy to sell (possibly to COBRA)

Only question is the price. David laughed at these levels.

Given his comments on the MCAP I see him valuing it at 100-150m......

Thoughts people?"

I would settle for 100-150m but still feel the potential to be a billion mcap is real.

[ramridge] 17/6/2020 09:54

m4rtinue - thanks for the reply. Just trying to see through the fog created by rampers. I think the business case is solid and the demand for their services has a great momentum. Financial weakness can be sorted if the prospects are visibly good.

So I have doubled my investment in the past few minutes. Still only minute compared to the more entrenched people in this BB.

[m4rtinu] 17/6/2020 09:44

Ram - some good questions. Some are taking proportion of salary in shares, so Palumbo might be holding. Can't recall exactly what results said. Debt/ cash is an issue for me. But something is putting a rocket under this and it would be reassuring to know what. Apart from "should be".

Gsp - some good counter comments on paying off later, via renegotiation and increasing revenues.

[gspanner] 17/6/2020 09:42

He has taken a lot of his pay in shares (when the price was 0.16) and needless to say also has a sig quantity of warrants.

[tewkesbury] 17/6/2020 09:26

Grabbed a few today. This will run and run.

[ramridge] 17/6/2020 09:17

gspanner - I have checked morningstar and sharepad and they don't show any shareholding for Palumbo. In fact the only exec director who has any shares in the company is the CFO with a tiny 0.04%
Just asking honest questions. I have just bought a toe holding with a view to buying more as my confidence grows.
Maybe Palumbo has his shares in a nominee company?

[tell sid] 17/6/2020 09:13

EQT 50x bagger from here.

[gspanner] 17/6/2020 09:11

Well CC I tend to agree, but didn't want to appear too over enthusiastic

[ny boy] 17/6/2020 09:10

This has proved a good buy since mid 0.20’s, best hold and stay patient for the real multi returns.

Added more (HYVE), has 400p written all over it imo ..open those air corridors!