Eqtec Share Discussion Threads

[gottopickapocketortwo] 10/10/2020 20:48

This is going to be a beast over the next 18 months minimum. Happy to hold a fat wedge here. Dyor.

[phil mcavity] 10/10/2020 15:23

Yes ~~~ ` Where`s Muck There`s Money ` !

[davidblack] 10/10/2020 09:37

Perhaps that was part of the flurry of buying from Friday?

Makes the coming week more amusing if there is a “Someone has been buying in because there is a RNS coming” rumor but in the end it’s the substance of turning this into a business that wins and delivers contracts that will deliver the ten bagger not shifty share traders.

And yes Billingham feels very close but also chip in Deeside where having the Welsh government desperate for good jobs news is accelerating decision making process there.

[stevea171] 10/10/2020 09:22

Billingham. If you assume EQT have taken the time needed to complete, then doubled it so as not to need another extension then we may be drawing close to an announcement ....

18 September 2020
EQTEC plc
Waste gasification and power plant at Billingham, UK: MOU Extension

EQTEC plc (AIM: EQT), a world leading gasification technology solutions company for waste-to-energy projects, is pleased to announce that the Parties have agreed to extend the exclusivity period of the Billingham MOU until 22 November 2020.

[gspanner] 10/10/2020 08:20

OT

Was a bit well oiled by 8:30 yesterday... Missed the others. Also 10% portfolio in Angle (AGL) cancer diagnostics and 2 hedges; ARB (bitcoin miner) and First Majestic FR.TO (silver miner listed Canada) in case it all goes south.

[gspanner] 10/10/2020 08:13

Yes David,

The financial closure and development of each product should be cash generative/profitable, but I have always thought the real ‘cash cow’ component of the business are the maintenance contracts which keep on rolling over year after year.

My impression is that the cash they have is just to get a significant number of projects financially closed. Once commissioned and generating the 13-14% PA money will flow into this from other less profitable renewables so the momentum will become self perpetuating.

[davidblack] 09/10/2020 21:28

I used to audit a few waste companies back in the day and even worked for a while for Shanks and McEwan who handled really nasty waste and the one thing that was pointed out was that operating margins are healthy on a permanent basis plus contracts stay put because it’s a huge issue moving been operators based on compliance.

I think EQT might well be significantly under appreciated because people are dazzled by the technology and forget just how robust the garbage business is anyway. Hence my oversized exposure!

[gspanner] 09/10/2020 20:46

Regardless of whether you invest the tech is is fascinating in a ‘terminator217; kind of way!

[davidblack] 09/10/2020 20:29

GSP many thanks I will check it out.

[gspanner] 09/10/2020 19:36

OT

Davidblack... one not for widows and orphans and Quoted in Australia... Brainchip (BRN). Essentially The only pure AI hardware play that exists - seems crazy but really. Invented a chip that works like a human brain.. So not binary circuits but ‘decisionsR17; based on aggregate/summative impulses much like the human brain.

Had an amazing run before consolidating. Bit like this...

[stevea171] 09/10/2020 19:35

The crowd that has started selling out near 60p and taking the share price down to 50p or so may be coming unstuck.

The shear speed and strength of the intra day reversal this afternoon means that many would have been unable to buy back in below their sale price in the blink of an eye that the share price took to get from the low of 50.5 to 60p from mid afternoon.

Volume very high at 72 million.

This should be a caution to the bored holders here who think trading their position is without risk and they can win every time ....

[tenapen] 09/10/2020 19:04

LOL - if your going to ramp ! Follow the poster Tel sid - he was telling the FOMO's 8p and they lapped it up - fools.


The share price is up today. I wonder if it's to do with Biffa buying another small fry !. Hope yet for this hopeless bod to get an exit.

[davidblack] 09/10/2020 17:38

It’s the problem of watching racehorses shoot passed but I have learnt the painful way to not chase stocks that are running by cashing in old bets that have not yet reached their full potential.

[aja2] 09/10/2020 17:32

Yep, I was very tempted but didn't want to sell one of my other holdings as they haven't jumped yet.

[davidblack] 09/10/2020 17:30

Aja2 yep I have to diversify from two of my others which have become oversized, but EQT at 0.52p this morning looked delicious. Even though I am fully loaded here.

Apparently other people agreed this afternoon.

So I will be searching elsewhere for more potential ten baggers like EQT.

All suggestions gratefully received.

A nice end to the week.

[yus777] 09/10/2020 17:17

another 7,000,000 late trade reported 0.59 plus

[gottopickapocketortwo] 09/10/2020 16:58

Great intra - day reversal. Highly bullish omen.There is a certain individual over on lse that may have learnt some overdue lessons this afternoon.Do not think you know it all , because ....... you do not.

[halfpenny] 09/10/2020 16:50

EQT the only way is up up up and as news flow this month we will smash through 1p plus lots more to come. A great quarter ahead ....... remember i told you first..

[juju44] 09/10/2020 16:49

It sure is volatile .

[hoper1] 09/10/2020 16:38

Know what you mean! Nice end to the day. GLA

[gspanner] 09/10/2020 15:44

I think I’ve got too many... But I can’t find another share with the same potential.

[aja2] 09/10/2020 15:21

I thought you were waiting till you divested your other holdings?

[davidblack] 09/10/2020 15:19

Damn doesn’t look like I am going to get super cheap stock.

Still I already have too many! But can you have too many?

[cmackay] 09/10/2020 15:12

Quoted .568 to sell for 500k