Eqtec Share Discussion Threads

[m4rtinu] 28/9/2021 14:03

Présentation over. These are usually available later via YouTube. Very positive messages from DP, JvdL and Nauman Babar. As you would expect. DP keen to point out that Eqtec is a growth company with good momentum. Also that future goal is to be a digital company, selling intel inside. Focusing on technological innovation, engineering and maintenance. With proven partners selling Eqtec "know-how.

[marktime1231] 28/9/2021 13:47

Opportunities opening up in France is the news, they have indicated targets at local and regional level including at sites which will already have infrastructure in place ... any more details? Is there an in-country development partner?

The prospect of Idex taking a role in Billingham is still alive then?

Pleased to hear that Palumbo was expressing confidence in the profitable E15M full year target in his broadcast, the report says "remains on track" but "assuming ... (everything goes to plan)" without saying how confident he is, 3 months to go.

Anything beyond the statement from July that North Fork closure is imminent?

[skinny] 28/9/2021 13:21

No, it isn't just you.

[folderboy] 28/9/2021 13:18

I remain a strong buyer/holder but am I alone in finding the presentation far below the standard I had hoped for? Compare it to, say, ITM. Eqtec see themselves as a digital technology company - watching that online presentation you would never had guessed that/ Logged off. Will fast forward through the recording later. May just be me.

[juju44] 28/9/2021 12:50

Yep , exudes a lot of confidence . Good interview

[gspanner] 28/9/2021 12:36

Well he doubled down on the ‘700%’ revenue increase by EOY in the proactive interview.

[stevea171] 28/9/2021 11:29

David Palumbo, CEO, Nauman Babar, CFO , and Jeffrey Vander Linden, COO, will make a live presentation in respect of the Company's Interim Results for the six months ending 30 June 2021, via the Investor Meet Company platform, on Tuesday 28th Sep 2021 at 12:45pm BST.

The presentation is open to all existing and prospective shareholders. Questions can be submitted at any time during the live presentation.

Investors may sign up to Investor Meet Company for free and attend the event at:

[hoper1] 28/9/2021 10:27

Good solid interview. DP says we have a "huge pipeline" which the company will now prioritise. "A year ago it (Eqt) was a very different company - it was all potential. We are now on target to achieve the expected project revenues which is a seven fold increase." He was now concentrating on increasing market awareness of Eqt and added that he expects the growth to keep increasing and multiplying over the next few years to come.

[money multipier] 28/9/2021 10:05

DP update interview on Proactive:

[stevea171] 28/9/2021 09:40

From LSE. Looking forward to the Q3 update on pipeline growth and news about French projects. The development of existing projects retrofitted with eqtec technology is a winning formulae to fast track projects to completion with more competitive IRR imo. 'Shovel ready'.

Pipeline too large to report
Pipeline growth is now so big they are refraining from reporting this today but the pipeline growth went from 41 t0 75 in last update and presumably somewhere close to 100 today. The key this time is that they have invested in the team to work on converting these projects into fruition. Today Eqtec reported they have a massive 17 specific projects under construction or under development and this up from 2 in 2020.

This demonstrates that Eqtec are not only getting on top of their pipeline backlog but actually ramping things up. This is a huge indication of just how vertical this company is gong in revenue and we have not even started with the global demand that is almost unimaginably large. Very exciting times for Eqtec holders as we head into latter quarter where we should see the share price on a trajectory worthy of Eqtecs global importance.

[skinny] 28/9/2021 08:10

Just a reminder :-

[gspanner] 28/9/2021 08:09

Yes a pretty dense statement. Reaffirms the £15min by year end, could be a punchy few months.

[tonytyke2] 28/9/2021 07:57

This stood out for me also m4rtinu, France sounds very exciting and they may get help with financing projects. We will have to watch this space!Things seem to be turning quickly now, increasing volumes of projects, revenue to start taking off and ever increasing market interest/awareness.

[m4rtinu] 28/9/2021 07:32

Just one other point. Seems we will be active in France.

"Inspired by a highly active and accelerating interest in cleantech from the French national, regional and local governments and from potential lenders and development partners, the Company has identified and is pursuing a number of opportunities in France. These include potential projects for biomass-to-energy and for gasification of industrial and contaminated waste, including retro-fitting of legacy, fossil fuel facilities for reuse as cleantech businesses. "

[m4rtinu] 28/9/2021 07:32

Interims out. Still maintaining that revenues for full year will be €15m.Very bold, as at H1 they are €0.5m. Still, they may be considerably higher that FY20 which was €2.25m.

Présentation @ 12:45pm. Still time to sign up.

[wapper] 28/9/2021 07:25

A pleasant read indeed

[volsung] 28/9/2021 07:23

I feel a stirring in the undergrowth

[gottopickapocketortwo] 28/9/2021 07:21

Wow . That was an awesome read . Wow

[jakecat1] 28/9/2021 07:15

Now that is how you write an interim results report. Excellent progress being made by this company. Personally I think it is just a matter of time before multibag.

[skinny] 28/9/2021 07:01

.



EQTEC plc (AIM: EQT), a world-leading gasification solutions company building the future of a cleaner waste-to-energy industry, is pleased to announce its unaudited interim results for the six months ended 30 June 2021.

Highlights

-- Growing conversion of pipeline opportunities into active development projects
-- Financial Close of first Market Development Centre, with others following
-- Investment in growth platform through Joint Ventures and expert teams
-- Oversubscribed placing for GBP16 million in new development capital
-- Ramp-up in engagement with policy makers, influencers and ESG interest groups
-- On track to achieve seven times revenue growth over previous year

more

[marktime1231] 27/9/2021 20:03

Thank you good info. Bit warmer on the Deeside venture where they have a ready made offtake partner and possible major investor from Toyota's engine plant. Though it does feel a bit like EQT, the world leading waste gasifier technology company, is behaving like an early stage venture capitalist.

Not sure about the link with AD. The separation process produces a mixed plastic waste stream and the digester yields a biosolid residue once dried. Both are candidates for driving off gaseous fuels and may have been tested as feedstock by EQT, otherwise they go to incinerator / landfill. The problem, in my mind at least, is how you handle and feed these wastes as continuous feedstock through EQTs fluidised-bed gasifier.

As an early investor in AD ventures through SQN I lost about 80% of my stake. Some ADs here in the UK have apparently worked well using food waste or farm waste, I don't know what caused SQNs investments to fail. ArrowBio out of Israel may have a good idea but I don't think they are up and running here yet.

Fundamentally I am struggling with the idea why Palumbo is investing our cash in AD ventures or in anything else which goes beyond the scope of EQTs core business. Buying land and rights and projects beyond core competence in order to stimulate its own market, hoping to sell them on again, is at 11 on an investment risk scale of 1 to 10.

[adey1] 27/9/2021 18:31

Marktime, for your info, viable or not, we know from the planning documents for Deeside that ArrowBio will be providing the anaerobic digestion and waste sorting technology. As Southport will be similar to Deeside (Q2 Trading Update) we can assume the same setup will apply there too.

[marktime1231] 27/9/2021 18:09

As someone who has just bought back in including most recently at 1.1p why should I sell up now? Am I not allowed to express doubts and invite you to challenge your thinking ... thanks anyway, but I will continue to raise eyebrows at what strikes me as odd or where the messages appear to be inconsistent.

Bought back in hoping that EQT concentrating on near term lower risk ventures would mean it starts delivering profitable revenues, there has been a general appreciation for that strategy. Also hoping for it to de-risk or exit its riskier UK mixed waste ventures, not so happy with EQT staking and taking the lead on ventures like Billingham or Stockport, where the risk-reward does not seem balanced, they are gambles, we don't even know if they have a viable handling solution for mixed waste.

The "model" is two very different ways of doing business. If I don't like the mix or get the feeling that the proceeds from doing good business are being gambled on bad deals I will indeed sell out. It would be an easier decision if the share price heads back to 2.5p, do you think the Interims will get us there?

Anyway, anyone dialling in tomorrow can we find out if North Fork is still a standoff?

[gspanner] 27/9/2021 16:38

Marktime,

I am not sure I can add much to posts above: having the project SPV and selling at a profit when the planning/grid connection is completed with a partner who is willing to take on that risk and organise the debt/finance (especially for the very big projects like this) seems very sensible. Maybe they end up with a smaller bit of the pie, but the business moves forwards and is less likely to run into cash flow issues (particularly if there are snags, a lot of which are beyond their control eg virus!).

The exemplar decommissioned plants that need very relatively little to get them going (finanace/planning/engineering) are much smaller, less risk to the business and will drive further business. They may also show a reasonable profit which will support the business.

As I’ve said if you are unhappy with the model best sell up since it was always stated thus, just went a bit awry recently, but back to plan A now.

[stevea171] 27/9/2021 15:25

From LSE. Details of the 'EQTEC Kinetic Model' EKM and the 'EQTEC Monitoring Platform' EMP mentioned in DP's Proactive interview today. From 2014 EQT release:

"EQTEC has developed the EQTEC KINETIC MODEL (EKM) platform, the result of an R&D Project over the last three years. The EKM is a powerful simulation tool based on a computer aided kinetics model, capable of predicting the thermochemical processes of solid degradation that take place in a gasification plant with EQTEC Gasifier Technology. This computer simula - tion using numerical models enables us to determine the optimum gasification conditions of each type of waste depending on its chemical composition."

The EKM is a very powerful tool for EQTEC and I feel it will become even more important when they move forward with a licensing model. Giving licensees training and access to it would allow them to take on some/all of their own design work as (hopefully!) the volume of business grows beyond EQTEC's ability to handle it all internally.

The EMP is another powerful tool which enables remote monitoring, automatic operation, manages the maintenance intervals and collects historical data on the functioning of the plant. This forms part of the O&M contracts which EQTEC specify for all of their plants and which generate a recurring income.