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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Eqtec Plc | LSE:EQT | London | Ordinary Share | IE000955MAJ1 | ORD EUR0.01 (CDI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.675 | 168,148 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 0.65 | 0.70 | 0.675 | 0.675 | 0.675 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | EUR 2.55M | EUR -23.51M | EUR -0.0541 | -0.12 | 2.93M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 10:58:43 | O | 35,000 | 0.6845 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 15/11/2024 | 09:32 | ALNC |  Eqtec sells entire stake as MetalNRG shifts to be Morocco copper miner |
| 15/11/2024 | 08:10 | UK RNS | EQTEC PLC Disposal of MetalNRG Shares |
| 15/11/2024 | 07:00 | UK RNS | MetalNRG PLC Holding(s) in Company |
| 05/11/2024 | 07:00 | UK RNS | EQTEC PLC Collaboration Framework Agreement in the USA |
| 26/9/2024 | 17:12 | ALNC | EARNINGS: Zephyr Energy interim loss narrows; Eqtec expenses surge |
| 26/9/2024 | 06:04 | UK RNS | EQTEC PLC Interim Results |
| 18/9/2024 | 06:00 | UK RNS | EQTEC PLC Appointment of Non-executive Director |
| 16/9/2024 | 06:00 | UK RNS | EQTEC PLC Senior Management Appointment |
| 12/9/2024 | 06:00 | UK RNS | EQTEC PLC Successful steam oxygen gasification test results |
| 09/9/2024 | 07:03 | UK RNS | EQTEC PLC Result of WRAP Retail Offer |
Eqtec (EQT) Share Charts1 Year Eqtec Chart |
|
1 Month Eqtec Chart |
Intraday Eqtec Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 15/11/2024 | 12:49 | EQT: A green revolution (waste gasification to energy) | 5,124 |
| 18/10/2024 | 11:26 | DANGER SCAM LIAR LOL | 75 |
| 16/8/2024 | 08:20 | Eqtec:lots in the pipeline, just someone needs to turn the tap on | 223 |
| 01/11/2021 | 16:25 | EQTEC - Waste Gasification to Energy | 3,927 |
| 04/7/2021 | 07:40 | EQTEC PLC synthetic gas power generation plants 2020 | 46 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 10:58:45 | 0.68 | 35,000 | 239.58 | O |
| 10:43:45 | 0.68 | 5,497 | 37.63 | O |
| 10:40:49 | 0.70 | 285 | 2.00 | O |
| 10:38:15 | 0.68 | 36,523 | 250.00 | O |
| 09:55:22 | 0.66 | 16,192 | 106.22 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Eqtec Daily Update Eqtec Plc is listed in the Electric Services sector of the London Stock Exchange with ticker EQT. The last closing price for Eqtec was 0.68p.Eqtec currently has 434,774,785 shares in issue. The market capitalisation of Eqtec is £2,912,991. Eqtec has a price to earnings ratio (PE ratio) of -0.12. This morning EQT shares opened at 0.68p |
Posted at 15/11/2024 12:49 by block4gooner So EQT sold all its 60,606,061 shares in MNRG for £200k which equates to 0.33p average as MNRG sits at 0.51p so if they sold today or yesterday would be worth £300k |
Posted at 10/10/2024 10:47 by stevea171 Another £95k down the Swanny.INSP a few days ago announces a halt to development and is to become a cash shell. DP has just chucked away another £95k to his mate John Gunn. EQT will likely get nothing back. The genius CEO. Has he made even 1 good investment? EVER? 28/5/24. Inspirit Energy (INSP). The developer of micro combined heat and power boilers and waste heat recovery sees shares jump on order to develop and sell an inspirit waste heat recovery engine to Eqtec PLC. The contract is to supply one initial unit for £150,000. Payment for the initial unit will be separated into two instalments, the first being an immediate £95,000 before the balance is paid six months later. Proceeds will help Inspirit with final testing, continued development and delivery of the unit, which is expected to occur between the first and second quarter of next year. |
Posted at 05/10/2024 08:06 by tenapen When chung and Mrs deccer where all over EQT along with share talks crew .... I told them straight it was a dud as eqt had no money = expensive loans and too many projects.Happy to help you chung - no thanks required my boy |
Posted at 27/9/2024 10:26 by schofi2 From Simply Wall StFirst half 2024 results: €0.016 loss per share. Revenue: €1.45m (up €1.30m from 1H 2023). Net loss: €3.19m (loss widened 32% from 1H 2023). Revenue is forecast to grow 55% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. |
Posted at 25/9/2024 12:37 by stevea171 Is this second hand 'news' worth anything?! From LSE 23/9.>>> No news on North Fork from Palumbo even though we gather from Phoenix it is up and running, (although as we have discovered with Italy up and running has a very loose definition), The lack of news and actions to destroy shareholder value is straight out of the MBO playbook, If North Fork is operational it is likely to be stop/start as per the Italia MDC which would be why EQT doesn't want to mention it ...... |
Posted at 04/9/2024 12:04 by marktime1231 Runway? As in catwalk?Is that a subliminal message that EQTs residual assets eg the tech and IP rights are for sale? At what price? To whom? More than a penny obviously. Can't imagine there will be much demand from retail investors. |
Posted at 13/2/2024 16:20 by cleverinvestor Today's dilution was totally expected.Shareholder dilution was flagged by Simply Wall Street Jan 02 New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 111% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€8.5m free cash flow). Shareholders have been substantially diluted in the past year (111% increase in shares outstanding). Market cap is less than US$10m (UK£4.54m market cap, or US$5.73m). Minor Risk Share price has been volatile over the past 3 months (12% average weekly change). Some way to go before they turn the corners. As the saying goes trend is your friend. Markets sentiments are based on expectations |
Posted at 21/9/2023 17:37 by stevea171 This court action by EQT will be defended and could take 6-12 months to be heard?A statement from Logik Developments said: “At present, no such claim has been served on either Logik Developments Limited or Logik WTE Limited and we cannot, therefore, comment on the precise nature of EQTEC’s claim. “It is correct that we have been in discussions with EQTEC in recent months about their alleged claims and such discussions have been conducted through legal channels via our respective solicitors. “We note from EQTEC’s announcement that the total amount claimed is circa £4m. This is surprising to us given that all pre-action correspondence to date has been limited in value to claims amounting to circa £2.9m. It therefore appears that EQTEC have acted prematurely in issuing Court proceedings against Logik in circumstances where they have not provided any details about the balance of their alleged claim (totaling £1.1m) as they are specifically required to do as part of any legal process before Court proceedings are issued.” The statement added: “We refute EQTEC’s allegations entirely and in the event that any claim is served on Logik, this will be defended to the fullest extent. “We also note that EQTEC claim that they have made numerous attempts to engage with us towards a resolution of these matters more recently through legal counsel. EQTEC also claim that we have rejected invitations to work through the issues constructively or failed to follow through on an agreement to meet with them. “This is, quite simply, incorrect and as part of the recent correspondence passing between our respective solicitors, it was actually us who offered to meet with EQTEC’s representatives to try and engage in commercial discussions with them in an attempt to resolve matters; however no response at all has been received from EQTEC or their solicitors to this offer of a meeting and that was where matters stood prior to EQTEC’s recent announcement that it has issued a claim against Logik. “In the event that EQTEC consider that they have a claim against Logik for any alleged breach of the SPA or the Deeside Project, then that is a matter for them and this will present them with a damages claim; however, as explained, we refute EQTEC’s allegations entirely and consider that there is no legal basis to their claims. We will have no hesitation in defending our position through the Courts if that is what is ultimately required.” |
Posted at 04/9/2023 11:11 by marktime1231 Despite the catty squabbling here, which I think is because Steve has about-faced from being stubbornly argumentatively defensively cloth-eared positive to negative, this rns does reveal that Italy MDC is not operating as intended. To be fair to Steve being positive became unsustainable and you are allowed to change your mind on the evidence, but as someone who was once on the receiving end of his snap I can understand it might grate on those who were suspicious all along. And on those who now are desperate for a revival, to be so negative all the time apparently long after divesting. At least we are getting a critical analysis of the bilge coming out of EQT pr team and what it really means. But, on balance, if that France funding is realised then EQTs future is brighter but then it could hardly have got any worse. Anyway ..."EQTEC Italia MDC S.r.l. ("Italia MDC"), the operating company for the Plant, is implementing a series of performance improvements anticipated to be completed in early Q4 2023, at which point, assuming the required performance criteria have been achieved, Italia MDC will draw down the amount of the full Facility. The Plant became operational in March 2023 and EQTEC completed handover protocols and transfer of plant operations to Italia MDC in June 2023. The Company remains actively involved with supporting Italia MDC in its endeavours to drive more productive and continual operations." The key word here is "continual". It doesn't work as a steady continuous automated process, there are interuptions or interventions necessary which means staff time which means unbudgeted costs. So Italy MDC might operate technically fine only in discrete batches, not according to the business plan, and will indeed be loss-making. It has been my guess all along that this involves the feedstock end of the process, or it could be residue glazing and contamination in the fluidised bed, something which has baffled every other group trying to integrate waste gasification plant, and something which has taken four or more years to try and resolve rather than the 1 year envisioned here. It would have been helpful to have provided some operating detail ... waste processed, net energy exported etc ... versus target. And financials, so revenues and costs against tonnes and kWh, in the kind of way material processors and energy companies give updates. I guess they are still working on how to report, not having had anything to say until now. No mention of the opportunity to sell off the black soot residue. I do not understand the financial consequence of this announcement on EQT itself. Someone in the meantime needs to be providing Italy MDC with operating cash flow, is that what EQT mean when they say they are providing support. And in the meantime presumably EQT is not receiving proceeds from a financial close or net income, clobbering the outlook. Given the parlous state of EQT and the rate at which it spends cash do we have another going concern and funding problem, or is that saved by the promise of funds from France? |
Posted at 01/8/2023 10:47 by mathieson84 From user TB on telegram (not me)....... Reply from Jeff. There is a little sleight of hand on the bit about shares issued due to low cap, but I'm generally pretty happy with the reply. Below: Hi, Tom. Thanks for your thoughtful note. I am pleased you attended the AGM. Did you attend in a group (as your note suggests you took the read of a number of people)? That would be very interesting! Regarding the LTIP, I fear there may again considerable misunderstanding and misinformation about this. Please consider: (1) We initiated this programme in 2021, as a replacement for arbitrary, unpredictable grants of warrants, etc., and we have granted no additional warrants to directors or employees since 2020; (2) the LTIP, which we reviewed and refined with PwC and our Nomad, is based on best practices applied at more mature companies to attract the right kind of talent and drive a culture of ownership, rather than employee-ship; (3) the amount of the grant is not arbitrary--it is based on remuneration figures set by contract with every employee--clearly, when the share price is low this has a disproportionate impact on the number of shares issued; (4) the numbers we announced are absolute maximum--to truly give out those share options, we would have to significantly outperform our targets for the year; in past years, we have not even hit target, never mind outperformed it; (5) the strike price should be a small premium--our advisors questioned why the relatively large premium and it was we Directors who insisted on sending the message that we should be well above the recent Placing price (last year's grant was also well above what advisors recommended); and (6) the timing was also not arbitrary--we could not do an April/May grant as we would have liked, as we needed to pass the AGM first, so we issued the grant afterward. The implications of these points seem to me to be: (1) shareholders should see this approach as allowing EQTEC to retain ONLY people willing to put their remuneration at risk to performance (and esp. in the case of Directors) and to have a portion of their remuneration payable in EQTEC shares--that should attract entrepreneurs, not desk-job employees; (2) shareholders should see this as a predictable, annual grant--no surprises with warrants or other vehicles practiced previously by EQTEC and often by other small companies; (3) shareholders should understand that we do not receive anywhere near full reward unless the company is receiving considerable reward--as I said in the AGM, we received zero of the performance-based component of the LTIP for 2022, as we were too far under target. What we must announce to the Market is set--not by us, but by regulation; but the reality of remuneration at EQTEC is that we are not thriving unless the company thrives. What I see people speculating about (and what the various AI engines publish) about our remuneration is laughable. I am making much less than I was making before EQTEC or could make in another company....but why would I? The future is bright for EQTEC and the process of building a company around our superior technology is a mission worth pursuing. I understand that shareholders do not have perfect information, nor is it possible for us to try to share that, but shareholders must disentangle two issues: trust in the management and EQTEC's remuneration model. The latter is standardised, mathematical and best practice (meaning more mature and professionalised than most other companies practice); the former is a matter of shareholder sentiment. If shareholders truly believe the EQTEC business strategy is misguided, that the Company is on the wrong track and that we Directors are plundering the Company's coffers for personal gain, then I would expect them to push very hard to have us exited quickly. But for what it's worth, we work seven days a week, through our own family holidays and with strong capability and dedication to EQTEC's success. |
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