Eqtec Share Discussion Threads

[hiddendepths] 31/5/2020 17:30

It is clear that the share price has been severely depressed for months by a single large forced seller in a low volume stock. It looks very much as though that situation changed on Friday with the enormous volume and it would be surprising if there is any remaining overhang to speak of. Even in a normal market situation that would produce a significant rebound to a more normal share price.

But this is far from being a normal situation. The company has dynamic new management which seems financially very astute and a business model which has recently become highly attractive to many customers globally. But even more importantly, there is a dawning realisation that EQT should be viewed as a participant in the hottest sector in the market, where several shares, some clearly analogous, have already multibagged in short order.

And EQT is starting from an artificially low base! All being well, it does seem likely that a rerating is set to be both massive and swift. What is more, the long term potential is possibly even more exciting.

The auguries do seem incredibly auspicious for this stock!

[highly geared] 31/5/2020 16:57

Tenapen; what happens if an asteroid hits the earth or we all die of Covid!
Asking stupid questions that you already know the answer serves no useful purpose in discussions. In an earlier post I suggested a 25% conversion rate on opportunities. This might be optimistic or pessimistic but if your glass is half empty and the skies about to fall in, you shouldn’t be in the stock market.

[scrutable] 31/5/2020 16:20

tenapen

Most small, innovative growth companies like Xeros (XSG) have to raise more money for marketing, distribution and service, ahead of sales, than they earn cash, when delivering start up. They are therefore usually forced to return to the market repeatedly for placings to cover new market entry and expansion costs. They thus continually dilute equity.

A very attractive feature by comparison, in our case, is that the funds usually needed for working capital with every EQT installation are raised by the buyer leveraging the future benefit to the local community, and are funded by a local bank, which finds it easier to assess local risk. The debt remains with the buyer. The projects are in many cases supported by official sources promoting alternate energy projects in pursuit of climate change etc.

The timing is now perfect. The potential for a hydrogen revolution, for decades only theoretical, has just won plausiblity with petrochemical fuels suddenly seen as the main culprits in climate change.

There is not enough hydrogen supply around to power the worlds transportation, carbon free, but lithium ion cannot do the job

[tell sid] 31/5/2020 15:48

EQT heading for 8p+ again.

[tenapen] 31/5/2020 15:42

Thanks gspanner, you too, I hope it works out.

[superbarnet] 31/5/2020 13:51

The chart has some similarity to Powerhouse and we know what has happened there.

[gspanner] 31/5/2020 13:34

Well each to their own Tenapen, good luck.

[tenapen] 31/5/2020 13:13

GS ... Yes :-)

Highly Geared, so what if the reported ten expressions of interest result in zero ?.

Another risk to the Ballance will be the currency fluctuations.

The results in a few weeks will tell all !.

[highly geared] 31/5/2020 12:45

Judging EQT on current revenue is pointless ( in terms of the share price). You are buying now based on what orders and revenues they might secure over the next 2 years and what the business will then be valued at. You’re also buying with reference to; potential market size, proof of commerciality and demand for the products and service. Also, to consider geo political environment and drivers for clean energy and climate change.

[gspanner] 31/5/2020 12:15

Sorry are you really suggesting that flying in/booking into a hotel/renting a flat to accommodate experienced Eqtec staff at different stages on numerous projects abroad is worse that having a single U.K. based project that has not yet been built?

I think I’d take the incremental cash payments for consultancy and equipment during commissioning (a 20% reported margin) and then the O&M recurring revenue, but each to their own.

[tenapen] 31/5/2020 11:59

Please enlighten me as to how various jobs scattered world wide and the cost incurred, does not cost any more than working on one project in the UK ?.

No sarcasm intended, I am here to learn. Thanks.

[gspanner] 31/5/2020 11:51

You are incorrect Tenapen, as fairly rudimentary research would inform you.

[tenapen] 31/5/2020 11:35

The more interest you have in your service be it phone calls to drawing up plans to building the thing ..... anything, the more money you will need. Posters invested here are trying to tag Eqtec lower valuation with PHE. This is misleading in my opinion. Phe have one ongoing project and costs will be visible (for want of a better term). Eqtec are scattered world wide leading to a serious cash burn. They will need to keep raising new money until they can cover all costs. The basics.

We will see soon enough with the release of their results how the cash burn is, and not just how many phone calls they have had.

Regards

[dilip40] 31/5/2020 10:30

new here. how much cash or debt does the company have and is here a possibility of a placing nearterm.

see t/o last year was only £2m

[halfpenny] 31/5/2020 10:20

We all know that with the EQT rapid progress and huge interest building up we can easily be 8+++. Lets monitor the contracts and RFP’s to forecast its great potential..well done to the EQT top management team keeping their focus.

[city chappy] 31/5/2020 09:44

£300m is just for starters. They already have multiple projects lined up in the USA, UK, France, Greece, Balkans, Poland, etc.

[gspanner] 31/5/2020 09:31

In 2 years time with 10 working projects of lets say £10-20mil value also 4-5 £40-50mil bigger projects and another 20-30 in development I don’t think a market cap of £300mil in is unrealistic.

But i do agree that starting with Greek project finance and the Billingham agreement are needed to get to a penny first!

[supertag] 31/5/2020 08:41

Guys, let’s keep this realistic!
8p!!!

[city chappy] 30/5/2020 15:46

A return 8p+ again seems reasonable.

[tell sid] 30/5/2020 15:29

All incinerators will have to be replaced by gasifiers at some point and all new plants will have to be gasifiers. Step in EQT. It could be worth £billions.