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Share Name Share Symbol Market Type Share ISIN Share Description
Eqtec Plc LSE:EQT London Ordinary Share IE00BH3XCL94 ORD EUR0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.01 2.08% 0.49 97,196,928 16:35:01
Bid Price Offer Price High Price Low Price Open Price
0.47 0.50 0.51 0.48 0.48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 1.43 -3.03 -0.08 34
Last Trade Time Trade Type Trade Size Trade Price Currency
16:39:42 O 9,500,000 0.50 GBX

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Trade Time Trade Price Trade Size Trade Value Trade Type
2020-08-06 16:39:430.509,500,00047,500.00O
2020-08-06 15:35:010.491,097,8025,379.23UT
2020-08-06 15:32:020.495,000,00024,500.00O
2020-08-06 15:24:190.491,800,9498,853.47O
2020-08-06 15:17:040.481,020,8244,884.64O
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Eqtec (EQT) Top Chat Posts

DateSubject
06/8/2020
09:20
Eqtec Daily Update: Eqtec Plc is listed in the Electricity sector of the London Stock Exchange with ticker EQT. The last closing price for Eqtec was 0.48p.
Eqtec Plc has a 4 week average price of 0.36p and a 12 week average price of 0.18p.
The 1 year high share price is 0.88p while the 1 year low share price is currently 0.08p.
There are currently 6,868,712,306 shares in issue and the average daily traded volume is 37,540,606 shares. The market capitalisation of Eqtec Plc is £33,656,690.30.
13/7/2020
09:07
halfpenny: I would suggest that EQT make a counter claim today this will show they mean business. EQT already stated “ Company will strongly and robustly defend against what it believes are unfounded and vexatious actions and any such similar actions in the future and will seek redress where applicable” If EQT believe this then they MUST attack back against the claim TODAY. Otherwise this will go on and on. When US marked opens we may see a further hit to the share price unless EQT put out a counterclaim .... £100million... US courts work more effectively and quickly when a large counter claim is made.
08/7/2020
09:02
sharetalk: Taken from L-S-E website: lunsam Posts: 48 Price: 0.65 No Opinion RE: Warrants & FundingTue 10:06 For any new investors/anyone who missed my research: A lot of the detail below is taken from the Arden research report, linked here: hTTps://research.arden-partners.com//view_repos/_7b492cb8-2c31-4893-9545-55e215f40c12.pdf EQTEC begin to receive revenue upon financial close of a project. They receive payments in 7 parts, totalling 30%-40% of the projects Capex, when certain milestones are hit. For small projects (0.5MW-2MW) these 7 revenue milestones are over 12 months, and for large projects these are over 3 years. So Billingham, when financially closed, will generate c. £50m-£60m over 3 years. EQTEC receive 25% of this £50m-£60m (£12.5m-£15m) UPFRONT, before any work actually takes place. This is the most important part. This payment should land this year, which makes EQTEC fully funded for the foreseeable. North Fork is already financially closed, EQTEC are due a final payment of c. $700k Q4 2020 before the project is commissioned Q1 2021. EQTEC have a 20% stake in North Fork, and their project will be valued at $20m with annual revenues of $4m (EQTEC stake = $4m, EQTEC revenue $800k p.a.). Agrigas is also due to financially close this year, of which c. £2m of revenue is due to EQTEC over 12 months, with £500k coming at financial close H2 2020. We also have Biomasse in France, of which £5m of revenue is due over 15 months upon financial closure, c. 33% that should arrive in 2021. Same goes for NAPA in California, and Agrigas 2 in Greece. Designing the projects costs between 2-4% of Capex. What was announced today was that there was a collaboration on projects where two were 25MW Size (same as Billingham). If financial close is achieved on these 2 projects, that is another £50m of revenues over 3 years per plant. This means it would cost EQTEC c. £6m-£10m to design these two projects. This should easily be covered by the money coming in from the projects already agreed above. They have also said that they had a current non contractual pipeline fo £130m (I assume Capex) of projects. I think it's fair to say that 25% of this could become real (c. £40m of revenue for EQTEC, maybe 50% of that in 2021). Considering EQTEC only had revenues of £1.9m in 2019, it looks like we are looking at > £10m in 2020, and on for £30-£40m in 2021. Add in the deal closed today, if both financially close that £30-£40m would be nearer £60m. From the research report, 38m in revenue produces c. £6m in profit. Using a very normal P/E ratio of 15, that implies a market cap of £90m, 3x where we are today. Personally, I think that represents fair value and where the share price should be and thats why I am not selling a single share, despite being in from 0.15p. If we close the projects announced today, we would probably be looking at a company worth £160m, >5x the current share price. Every deal/project we sign from here is additive to the above valuation, and that's why this is so exciting.
29/6/2020
22:42
gspanner: An excellent summary copied with permission of ‘Lunum’ ‘EQT ValuationToday 14:41 Great RNS this morning, which I think adds significant value to an already undervalued business. A lot of the detail below is taken from the Arden research report, linked here: hxxps://research.arden-partners.com//view_repos/_7b492cb8-2c31-4893-9545-55e215f40c12.pdf EQTEC begin to receive revenue upon financial close of a project. They receive payments in 7 parts, totalling 30%-40% of the projects Capex, when certain milestones are hit. For small projects (0.5MW-2MW) these 7 revenue milestones are over 12 months, and for large projects these are over 3 years. So Billingham, when financially closed, will generate c. £50m-£60m over 3 years. EQTEC receive 25% of this £50m-£60m (£12.5m-£15m) UPFRONT, before any work actually takes place. This is the most important part. This payment should land this year, which makes EQTEC fully funded for the foreseeable. North Fork is already financially closed, EQTEC are due a final payment of c. $700k Q4 2020 before the project is commissioned Q1 2021. EQTEC have a 20% stake in North Fork, and their project will be valued at $20m with annual revenues of $4m (EQTEC stake = $4m, EQTEC revenue $800k p.a.). Agrigas is also due to financially close this year, of which c. £2m of revenue is due to EQTEC over 12 months, with £500k coming at financial close H2 2020. We also have Biomasse in France, of which £5m of revenue is due over 15 months upon financial closure, c. 33% that should arrive in 2021. Same goes for NAPA in California, and Agrigas 2 in Greece. Designing the projects costs between 2-4% of Capex. What was announced today was that there was a collaboration on projects where two were 25MW Size (same as Billingham). If financial close is achieved on these 2 projects, that is another £50m of revenues over 3 years per plant. This means it would cost EQTEC c. £6m-£10m to design these two projects. This should easily be covered by the money coming in from the projects already agreed above. They have also said that they had a current non contractual pipeline fo £130m (I assume Capex) of projects. I think it's fair to say that 25% of this could become real (c. £40m of revenue for EQTEC, maybe 50% of that in 2021). Considering EQTEC only had revenues of £1.9m in 2019, it looks like we are looking at > £10m in 2020, and on for £30-£40m in 2021. Add in the deal closed today, if both financially close that £30-£40m would be nearer £60m. From the research report, 38m in revenue produces c. £6m in profit. Using a very normal P/E ratio of 15, that implies a market cap of £90m, 3x where we are today. Personally, I think that represents fair value and where the share price should be and thats why I am not selling a single share, despite being in from 0.15p. If we close the projects announced today, we would probably be looking at a company worth £160m, >5x the current share price. Every deal/project we sign from here is additive to this valuation, and that is why this is so exciting.’
19/6/2020
12:41
wallstbuffet: Whilst it’s very tempting to check in on the EQT share price every 30 minutes, I’d prefer to forget about them and check again in 18 or 24 months. I’m sure it will be a lovely surprise.
18/6/2020
17:32
tell sid: EQT return to 30p+ soon. EQTEC PLC 28 May 2020 Projects and Commercial Update https://uk.advfn.com/stock-market/london/eqtec-EQT/share-news/EQTEC-PLC-Projects-and-Commercial-Update/82548224 EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce the following update on its projects and commercial activities. United Kingdom Billingham: -- Work for full detailed quote for the grid connection has been completed by grid operator, Northern Powergrid, and the quote has been received and accepted by EQTEC. The requisite assessment and design fees have been paid to Northern Powergrid. -- Non-binding project finance term sheet received for the project, which has been signed by EQTEC and is being assessed by a consortium of potential equity investors. The funding structure set out in the term sheet comprises both senior debt and mezzanine tranches and requires an equity contribution from the consortium of developers of, in aggregate, 10% of the total project CAPEX, currently estimated at c. GBP170 million. -- Following detailed technical due diligence on EQTEC's advanced gasification technology, an offer for a Technology Warranty Insurance Policy was offered by an international underwriter of speciality insurance products for the project. The nature of cover offered and the level of insurance premium is considered by EQTEC to be in-line with expectations and it is to be offered to the funders and the EPC contractor as part of the project structure. United States of America North Fork: -- Detailed engineering plan completed and delivered by EQTEC, in April 2020, to the EPC contractor and Phoenix as planned and the second payment milestone invoice of EUR770,000 was received by the Company in May 2020. -- Preparation work commenced in-line with the project programme, including the requirement to have the equipment located at the Group's Newry site in Ireland being shipped to the US by no later than August 2020. NAPA: -- Full planning permit for the new location (initially to accommodate a larger 2MWe capacity power plant) is still under process with some delays attributable to COVID-19. -- The client is now evaluating the option of a larger installation and requested a full quote for an increased 3MWe plant. This was completed and provided by EQTEC. Europe Agrigas: -- Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank. -- Project third party financial due diligence requested by the Bank, which was carried out by EY Greece, has also been completed and provided to the Bank. -- The Bank's credit committee meeting for project final approval was rescheduled to first week of June 2020, due to the Bank prioritising COVID-19 related loans in Greece, with a response expected during June. ewerGy/ECO Hellas Pipeline: -- 13 potential new projects in the Balkan region have passed the initial due diligence phase and, accordingly, now fall under the scope of the framework agreement (announced on 16 March 2020), including exclusivity. Commercial: -- 10 new commercial enquiries have been received by the Company in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.EUR120 million were made by the Company during that period. -- EQTEC has progressed discussions with a European Infrastructure Operator of district heating and waste to energy and, together, the parties have selected three potential projects for financial due diligence, which has already commenced. Once completed, the intention is to develop the projects together under a new framework collaboration agreement. David Palumbo, CEO of EQTEC, commented: "I am pleased with the ongoing progress that EQTEC has made during this challenging time. As we approach H2 2020, we continue to focus on executing our strategy with special emphasis in seeking strategic partnerships to enhance our portfolio opportunities. We are already experiencing an increase in the number of large operators that are engaging in conversations with us regarding collaboration opportunities. We believe the coronavirus pandemic may influence the pace and nature of climate action positively and we will be ready to seize inspiring and fruitful new partnerships to apply our solutions."
17/6/2020
08:34
city chappy: Highly geared....PHE's share price already equates to a cmap over £130m post W2T merger and EQT should be worth a lot more than PHE, who's share price is itself moving up almost daily. Sector treating in process. EQT's pipeline is already more than ITM's which has a map of £1.4bn, which is where EQT will be. They are all part of the new green tech sector.
08/6/2020
13:54
tell sid: EQT back to 30p+ soon. EQTEC PLC 28 May 2020 Projects and Commercial Update https://uk.advfn.com/stock-market/london/eqtec-EQT/share-news/EQTEC-PLC-Projects-and-Commercial-Update/82548224 EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce the following update on its projects and commercial activities. United Kingdom Billingham: -- Work for full detailed quote for the grid connection has been completed by grid operator, Northern Powergrid, and the quote has been received and accepted by EQTEC. The requisite assessment and design fees have been paid to Northern Powergrid. -- Non-binding project finance term sheet received for the project, which has been signed by EQTEC and is being assessed by a consortium of potential equity investors. The funding structure set out in the term sheet comprises both senior debt and mezzanine tranches and requires an equity contribution from the consortium of developers of, in aggregate, 10% of the total project CAPEX, currently estimated at c. GBP170 million. -- Following detailed technical due diligence on EQTEC's advanced gasification technology, an offer for a Technology Warranty Insurance Policy was offered by an international underwriter of speciality insurance products for the project. The nature of cover offered and the level of insurance premium is considered by EQTEC to be in-line with expectations and it is to be offered to the funders and the EPC contractor as part of the project structure. United States of America North Fork: -- Detailed engineering plan completed and delivered by EQTEC, in April 2020, to the EPC contractor and Phoenix as planned and the second payment milestone invoice of EUR770,000 was received by the Company in May 2020. -- Preparation work commenced in-line with the project programme, including the requirement to have the equipment located at the Group's Newry site in Ireland being shipped to the US by no later than August 2020. NAPA: -- Full planning permit for the new location (initially to accommodate a larger 2MWe capacity power plant) is still under process with some delays attributable to COVID-19. -- The client is now evaluating the option of a larger installation and requested a full quote for an increased 3MWe plant. This was completed and provided by EQTEC. Europe Agrigas: -- Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank. -- Project third party financial due diligence requested by the Bank, which was carried out by EY Greece, has also been completed and provided to the Bank. -- The Bank's credit committee meeting for project final approval was rescheduled to first week of June 2020, due to the Bank prioritising COVID-19 related loans in Greece, with a response expected during June. ewerGy/ECO Hellas Pipeline: -- 13 potential new projects in the Balkan region have passed the initial due diligence phase and, accordingly, now fall under the scope of the framework agreement (announced on 16 March 2020), including exclusivity. Commercial: -- 10 new commercial enquiries have been received by the Company in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.EUR120 million were made by the Company during that period. -- EQTEC has progressed discussions with a European Infrastructure Operator of district heating and waste to energy and, together, the parties have selected three potential projects for financial due diligence, which has already commenced. Once completed, the intention is to develop the projects together under a new framework collaboration agreement. David Palumbo, CEO of EQTEC, commented: "I am pleased with the ongoing progress that EQTEC has made during this challenging time. As we approach H2 2020, we continue to focus on executing our strategy with special emphasis in seeking strategic partnerships to enhance our portfolio opportunities. We are already experiencing an increase in the number of large operators that are engaging in conversations with us regarding collaboration opportunities. We believe the coronavirus pandemic may influence the pace and nature of climate action positively and we will be ready to seize inspiring and fruitful new partnerships to apply our solutions."
05/6/2020
14:57
tell sid: EQTEC PLC 28 May 2020 Projects and Commercial Update https://uk.advfn.com/stock-market/london/eqtec-EQT/share-news/EQTEC-PLC-Projects-and-Commercial-Update/82548224 EQTEC plc (AIM: EQT), the technology solution company for waste gasification to energy projects, is pleased to announce the following update on its projects and commercial activities. United Kingdom Billingham: -- Work for full detailed quote for the grid connection has been completed by grid operator, Northern Powergrid, and the quote has been received and accepted by EQTEC. The requisite assessment and design fees have been paid to Northern Powergrid. -- Non-binding project finance term sheet received for the project, which has been signed by EQTEC and is being assessed by a consortium of potential equity investors. The funding structure set out in the term sheet comprises both senior debt and mezzanine tranches and requires an equity contribution from the consortium of developers of, in aggregate, 10% of the total project CAPEX, currently estimated at c. GBP170 million. -- Following detailed technical due diligence on EQTEC's advanced gasification technology, an offer for a Technology Warranty Insurance Policy was offered by an international underwriter of speciality insurance products for the project. The nature of cover offered and the level of insurance premium is considered by EQTEC to be in-line with expectations and it is to be offered to the funders and the EPC contractor as part of the project structure. United States of America North Fork: -- Detailed engineering plan completed and delivered by EQTEC, in April 2020, to the EPC contractor and Phoenix as planned and the second payment milestone invoice of EUR770,000 was received by the Company in May 2020. -- Preparation work commenced in-line with the project programme, including the requirement to have the equipment located at the Group's Newry site in Ireland being shipped to the US by no later than August 2020. NAPA: -- Full planning permit for the new location (initially to accommodate a larger 2MWe capacity power plant) is still under process with some delays attributable to COVID-19. -- The client is now evaluating the option of a larger installation and requested a full quote for an increased 3MWe plant. This was completed and provided by EQTEC. Europe Agrigas: -- Full project technical due diligence report completed by TUV Hellas, the nominated engineer of the local Greek bank (the "Bank") offering the project finance, which has now been presented to the Bank. -- Project third party financial due diligence requested by the Bank, which was carried out by EY Greece, has also been completed and provided to the Bank. -- The Bank's credit committee meeting for project final approval was rescheduled to first week of June 2020, due to the Bank prioritising COVID-19 related loans in Greece, with a response expected during June. ewerGy/ECO Hellas Pipeline: -- 13 potential new projects in the Balkan region have passed the initial due diligence phase and, accordingly, now fall under the scope of the framework agreement (announced on 16 March 2020), including exclusivity. Commercial: -- 10 new commercial enquiries have been received by the Company in Q1/early Q2 2020 and full detailed commercial offers, with an aggregate potential sales value of c.EUR120 million were made by the Company during that period. -- EQTEC has progressed discussions with a European Infrastructure Operator of district heating and waste to energy and, together, the parties have selected three potential projects for financial due diligence, which has already commenced. Once completed, the intention is to develop the projects together under a new framework collaboration agreement. David Palumbo, CEO of EQTEC, commented : "I am pleased with the ongoing progress that EQTEC has made during this challenging time. As we approach H2 2020, we continue to focus on executing our strategy with special emphasis in seeking strategic partnerships to enhance our portfolio opportunities. We are already experiencing an increase in the number of large operators that are engaging in conversations with us regarding collaboration opportunities. We believe the coronavirus pandemic may influence the pace and nature of climate action positively and we will be ready to seize inspiring and fruitful new partnerships to apply our solutions."
29/5/2020
09:26
someuwin: This is from Align's EQT note in March, "One closer comparator, albeit loss making, is hydrogen from plastic waste business Powerhouse Energy (PHE). Powerhouse currently commands an enterprise value of £19.32 million in contrast to EQTEC’s EV of just £8.1 million. In our view, 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." PHE now has a valuation of £70m - which is 3.5 larger. Equivalent share price for EQT would be 1.54p.
24/9/2018
08:16
discojames: Lol youre gettign very desperate Ken. They have effectively paid £20m just to use the technology, makes you wonder what the potential limit is for EQT share price
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