Eqtec Share Discussion Threads

[dougy1] 03/6/2021 11:39

Avoid looking at the truth? After topping up I'm still 4-bagged since initial investment last year. If your looking at a share like this and worried about daily or monthly fluctuations or lulls then you're either inexperienced or you're here for the wrong reasons. Good luck if you're trying to trade the unpredictable but this is a stock to put money in then walk away from for years.As I say, you're here for the wrong reason if you expect to make a fast buck on this stock unless you're incredibly lucky. Either that you're one of the TW crew here to ramp the short.Either way if you have nothing constructive then don't talk.Simples

[dougy1] 03/6/2021 10:37

Your insight is very impressive. I wish there were more people with your levels of intelligence guiding us mere peasants on the future of what is clearly a dying company...Honestly some of the BS on here makes me laugh sometimes. Away back down the wee hole you crawled out from.

[davidblack] 03/6/2021 10:23

Try to lie down between your treatments.

[mortgage freeman] 03/6/2021 09:59

Thanks Paul, I think I will sell all mine now.

[brut winky] 02/6/2021 08:45

Last top up, can't see it being long before the news flow will start.

[marktime1231] 01/6/2021 17:06

Sometimes I don't even know what I am looking for, I get half way up the stairs and lose track

[volsung] 01/6/2021 13:13

Got all the EQT I was looking for

[stevea171] 01/6/2021 08:23

North Fork. No new Board minutes posted yet for their meeting 24/5:

[n73] 31/5/2021 15:16

I like the closing comment.I seem to have missed something during the last few days.

[davidblack] 31/5/2021 12:47

Not sure EQT would want a partner until they can fully sit at the table themselves which they almost can now.

They have cash but a completion on Deeside of Billingham is the missing element ahead of any JV with Wood I reckon?

If you want to be a major player the last thing you need to do is position yourself as the junior partner at the start of the journey.

[davidblack] 30/5/2021 18:01

Nice to see that Primary Bid was trimmed back by two thirds to 66.6m so not too much to recycle there.

[juju44] 29/5/2021 10:16

With all the potential its strange why Wood shows no interest . Maybe they are asleep like Peel over at PHE in which case EQT is better without them

[stevea171] 29/5/2021 09:10

Arden draws a comparison of Eqtec to Vestas:

Vestas is the energy industry's global partner on sustainable energy solutions. We design, manufacture, install, and service wind turbines across the globe, and with +136 GW of wind turbines in 84 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and +117 GW of wind turbines under service, we use data to interpret, forecast ...

"Clean tech peers such as Vestas attract a high multiple as their margins grow, EQTEC
have it well within its reach to secure a similar valuation given the considerable
structural drivers which act as a tailwind and the shrewd business model which is in action."

Vestas is a Danish company. Mkt Cap $38 billion.

[m4rtinu] 29/5/2021 06:20

Latest Arden research note:



Thanks to aandi on lse board for link. New target price 5p!!

[stevea171] 28/5/2021 21:32

Some more from the new Arden Research Note. There is new news in this note so I would expect that EQT will have to release an RNS on Tuesday to update the market generally.

Project Ownership
EQTEC will take a majority shareholding in three plants due to produce earnings for the company by Q2 2022 and all three will be cash-generative by Q4 2022. The real benefit to EQTEC beyond cash-generating assets is unlocking a phenomenal business development platform. Two are within Europe and the other in the USA, which EQTEC will be able to showcase as well as operate.

On a weighted basis, the average gross margin for the ownership of these plants is forecast to be 33%. EQTEC’s plants are targeted for an unlevered IRR of upwards of 15%, with a minimum of 11%.

Summary/Arden View
We maintain a strong buy rating. We believe that there is a very strong business case
for the assets EQTEC intends to purchase in this equity raise. The ability to address
its growing market with its technological advantage over peers is critical for
unlocking future shareholder value, given how competitive the landscape.

The licensing route unlocked by this raise would not only provide superior margins
but allow EQTEC to scale into new territories far faster than purely relying on its
robust technology sales revenue stream. Management have given significant
consideration and investment to the use of high-quality data in decision-making and
furthermore, using this ever-growing database as a means of ensuring that the high
calibre operational capabilities, as a co-ordinator of stakeholders, translate into this
new revenue line for EQTEC.

Clean tech peers such as Vestas attract a high multiple as their margins grow, EQTEC
have it well within its reach to secure a similar valuation given the considerable
structural drivers which act as a tailwind and the shrewd business model which is in action.

[stevea171] 28/5/2021 19:00

Arden puts out new research note a few hours ago.
TP is 5p.



Capital Deployment – EQTEC will deploy the funding across three priorities:
1. Acceleration of revenue growth in key markets, includes acquisition of
three plants in which EQTEC will acquire a majority stake, and through which
it will showcase its best-in-class gasification technology and operations as
market development centres. 2. Securing and delivering UK RDF Projects,
with acquisition of land and the resulting freehold valuations, which are
likely to be attractive. 3. Growth in the EQTEC capability and capacity,
through acquisition of additional engineering resource to support
concurrent delivery of multiple projects in multiple geographies, as well as
further growth of its business development and partner management
teams. Additionally, investment in measurement and data management
technologies for remote monitoring and maintenance service provision.

Capital Purchases to accelerate growth strategy
Introduction
EQTEC has issued £16m of equity to fund near-term acceleration of growth and risk
mitigation of strategic projects. Its aim is to build its reputation as a superior
technology that can successfully execute construction of EQTEC-powered plants on
time and to budget, for creation of operational plants that consistently deliver
targeted returns and thus sustainably justify their business cases. Longer term,
EQTEC targets licensing of its technology and rapid scaling of its accessibility to a
broader range of customers and partners in a growing market for alternative Waste-
to-Energy capabilities, and specifically, for advanced gasification.

EQTEC anticipates deploying the capital across three priorities:
o Cash-generating Market Development Centres
▪ £6m GBP
▪ Showcasing technology in key geographies for prospective customers
▪ Italy – repowering a 1.0 MWe plant that was originally
commissioned in 2015
▪ Croatia – repowering a 1.2 MWe plant that was originally
commissioned in 2016
▪ USA – project currently under construction

o UK major project capital investment
▪ £6m GBP
▪ Purchase of land associated with Billingham and Deeside projects
▪ Accelerating project development with attractive asset
valuation in the near term, following financial close for each project

o Growth in capacity and capability
▪ £3m GBP
▪ Growth of project engineering capacity, mitigating engineering
resource constraints and improving margins on technology sales
▪ Improving capability through monitoring, measurement and
data management technologies. Building on the EQTEC
knowledge library and setting foundation for technology licensing

[don carter] 28/5/2021 17:07

Director and Altair digging in deeper is good to see. Firm support under 1.50p now.

[rodrod1] 28/5/2021 16:10

Fundraising of £16m oversubscribed. An excellent effort all round.

[brut winky] 28/5/2021 16:03

Yes a big roll out in the UK so they can stop shipping waste around the world for burning.

[don carter] 28/5/2021 14:46

That's my thinking too, Scrutable.