Eqtec Share Discussion Threads

[city chappy] 26/3/2020 10:47

Towards the end of their report, Align also pointed out Powerhouse Energy had an "enterprise value" (i.e. market capitalisation) of £19.32m in contrast to EQT's £8.1m at the time of writing, and that:

"Powerhouse’s higher valuation does not reconcile with the fact that it remains pre-revenue and that EQTEC has a substantially larger pipeline of profitable projects lined up. Should EQTEC trade on the same EV as Powerhouse then the market cap would be £17.32 million, giving a value per share of 0.44p."

However, that overlooks the fact Powerhouse are about to have their 2.01 billion shares increased to 3.365 bn due to their proposed merger with Waste2Tricity, increasing Powerhouse's EV from £19.2m to £32.34m, which is probably priced in as it has been known about for some time.

That would indicate a current enterprise value for EQT of £28.9m = 0.73p.

Bear in mind also that Aligh predict EQT could make £5m+ net profit next year based just on th ecurrent pipeline (even without further projects) which could probably support a market capitalisation 10x to 15x that level, given thay are a growth company in a growth sector.

[gspanner] 26/3/2020 08:14

Indeed, keep in buying below 0.2p IMO. Bought further 4.5mil this am, now 30mil shares, so far too overweight here, but nothing grabs me as much as this...

[city chappy] 25/3/2020 17:14

So Align have a current EQT price valuation of 0.78p, which is 4x th ecurrent level and excludes any new projects that could be announced.

[gspanner] 24/3/2020 14:54

Hmm 20mil, quite a chunk.

[gspanner] 24/3/2020 11:00

Thank you Wilson, just read the full note in its entirety. Notwithstanding Align are not neutral, still a compelling read. I can see no good evidence for the valuation anomaly here?

Does anyone else have a good explanation?

[hoper1] 24/3/2020 07:46

Thanks for that Wilson, most encouraging.

[city chappy] 24/3/2020 07:42

EQT predicted net profit for next year is £5.3m, based on just the current pipeline.

[hoper1] 23/3/2020 14:03

A professional and reassuring statement from David Palumbo.

[gspanner] 20/3/2020 09:37

But can sell 2mil....

[gspanner] 20/3/2020 09:05

And still none!

[gspanner] 20/3/2020 08:43

Fun and games... No quote to buy 500000!

[city chappy] 20/3/2020 08:11

Market looking stronger today.

[city chappy] 19/3/2020 10:50

Anyone know about progress on the supersize Bilsthorpe scheme?

[volsung] 19/3/2020 08:15

gspanner is it low now?

[sharetalk] 19/3/2020 08:14

Market capitalisation now only £6.5m has to be a bargain.

[gspanner] 17/3/2020 15:06

Volsung, you pay your money and take your choice; buy low sell high/buy when everyone fearful!

[hoper1] 17/3/2020 14:59

Thanks for the link. He comes over as being very credible and pragmatic. Stay safe.

[volsung] 17/3/2020 13:18

Like everything on the bbs will

[neilyb675] 17/3/2020 13:17

Just wait.....this will bag several times.

[gspanner] 17/3/2020 13:16

Just looked at powerhouse again, made a quick 50% on it not so long ago, but even now double the mcap, half the potential, 10x the risk, still needs a working full size machine to prove its works approx 12mo off IMO.

This is now into exponential expansion.

Can I ramp any further?

[jfreshfield] 17/3/2020 13:14

https://twitter.com/eqtec/status/1239869309700255745?s=21

[gspanner] 17/3/2020 12:55

Well, now >10% of my SIPP for myself and my daughter... Own 0.46% of the shares, crazy for a tiddler. I have however never seen a company so undervalued!

GLA