Quadrise Fuels Share Discussion Threads

[kreature] 04/2/2016 23:03

Nope.........there's nobody wearing red trousers here :

[sallad3] 04/2/2016 21:24

gaz

thought it was the AE rebut anything said to drive traffic to the secret squirrel nonsense, and a bit of fun from others!

Do you not agree?

[gaz6666] 04/2/2016 21:07

Thought this was the qfi bb

[sallad3] 04/2/2016 20:25

TY o/T

Have you had a look at CWR? Managed to get myself a near free carry on 250k.

Bounce off 6p is my best guess given channel structure, at which time scale down buy.

[sallad3] 04/2/2016 20:20

TT

The only maxim is always be prepared to learn from anyone, and ignore most of the rubbish/opinions on share bulletin boards. Always do your own research and never stop questioning.

AE do you agree?

[sallad3] 04/2/2016 20:01

kreature

2 opinions is what makes a market.

TT

My problem is deciding when/if to buy back in for the next run. TY's technicals always work in the near time frame for those who are willing to go in and out, but fundamentals always rule in the end (eg Shell bounce on dividend maintenance).

Seems to me that Marine may be a very short life product (but profitable which will fund other things as R&D but never pay a dividend) because the economics of LNG have changed completely - and no-one saw it as they were fixated on the price of crude oil and the MGO/HFO spread.

As a finance/accountant/treasurer man and one of the founders of LIFFE, I would be running to retrofit now and lock in LNG price thru the new futures markets where there is little expertise at the moment. There is so little downside and the situation cannot last - MAERSK are you awake?

[ttboy72] 04/2/2016 19:27

Got some good points sallad. Always good not to fall for confirmation bias. From my own point of view i've made my bed with qfi and if it doesn't go the way i want it, i'll be the one to blame, no one else.

Fortune favours the brave and all that.

[kreature] 04/2/2016 19:09

"No doubt about short term gains ahead of the 2020 sulphur regs,
-----------

Maybe.........but will it be possible to scale up production for say the 3 years before 2020? i.e. who will invest in economy of scale with 2020 looming?

[tongosti] 04/2/2016 19:00

If commodities' turmoil is foretelling what will happen with the Chinese economy, it's best to avoid story stocks like QFI all together. Extremely dangerous environment for the likes of QFI: zero sales + non-existing balance sheet + half a promise from potential partners won't cut it for much longer. Used to say 2p but bankruptcy may well be a very real possibility at some point (when cash runs out and market sentiment is on the floor no one will lend you money except the two resident losers who bark around on this board) unless the energy markets really, really pick up in a sustainable fashion. p.s. I am looking forward to the entertaining comments from both resident clowns who undoubtedly will not resist the urge!

[sallad3] 04/2/2016 18:41

TT

That was before the price of oil and gas collapsed.

I'm suggesting that may have changed everything. I don't know but I suspect it may have done.

With a good futures market, low interest rates, equipment manufacturing margins falling globally etc etc, it is the time for all good Finance Directors and Treasurers to start thinking/planning.

Question: Is the marginal cost of making one litre of MSAR2 more or less than the liquefaction cost of one litre of LNG?

NB I'm not suggesting for one minute that it changes the economics of power stations sited next to refineries, and QFI's new man was most impressive and knowledgeable - including about MSAR making seriously reduced scrubber residues.

I'm just beginning to think that QFI's long term future in the marine sector may be very limited. No doubt about short term gains ahead of the 2020 sulphur regs, but after that? (and Paris has surely made any deferral not politically acceptable)

[ttboy72] 04/2/2016 18:23

www.lr.org › _images › 213-34172_Glo

An alternative viewpoint with regard to lng.

Lng to have 11% market share by 2030. Hfo
47-66%.

Only time will tell.

[kreature] 04/2/2016 13:00

optimistic ?^

Good call on BP yesterday 329.........and later 325

[sallad3] 04/2/2016 10:34

AE

Do try and read a bit more widely around the subject. We are talking future. MSAR2 isn't going to even be available until 2017.

bv.com/Home/news/solutions/Expert-Perspectives/conversion-to-lng-necessary-for-marine-industry

"........... difference in fuel price – which is close to US$1.50 per diesel gallon equivalent and expected to grow for the foreseeable future – also provides substantial long-term operational cost savings ............."

[argyll eagle] 04/2/2016 10:27

Sallad

So the answer to my question is a big fat ZERO.

As I previously posted there are only two container ships running on LNG - both new builds. As for retrofitting container ships for dual fuel, the first will not be completed until 2017 - and it's a baby of only 1000 teu.

[sallad3] 04/2/2016 09:57

AE

Bit more research for your squirrels whilst they ponder the meaning of life and the elephant

Oct 2015 LNG ships in service and on order (includes open ocean container ships)
www.dnvgl.com/Images/World%20LNG%20fuelled%20fleet_Oct_2015_tcm8-5550.pdf

and one of Maersk's competitors already there
www.dnvgl.com/maritime/lng/new-reference-for-lng-propulsion.html

[gaz6666] 04/2/2016 09:33

Should that not be bang you Wanger

[hotfinance14] 04/2/2016 09:01

Lets hope IR can go out with a bang before he leaves QFI and announce a contract.

[sallad3] 04/2/2016 08:42

AE

Silly billy.

Nearly all modern engines are dual fuel ready. Why?

We are forward looking. How many such ships can run on MSAR2 - ONE.

My point is simple.

Have we all missed the elephant in the room that is direct substitution by LNG for HFO and MSAR now makes complete sense at the low LNG prices?

Don't ignore the futures markets that will enable full hedging strategies to be in place in the next couple of years.

Ship owners want the lowest cost per unit of energy that meets global standards. Is that now LNG or MSAR2? Have you or any other secret squirrel run the numbers? The numbers I have provided seem to show its LNG. Also do remember that MSAR2 needs 25% more space than HFO - not a lot less than LNG methinks.

[argyll eagle] 04/2/2016 08:14

Sallad

Please provide list of open sea container ships that have been retrofitted to run on LNG? LOL

[kreature] 03/2/2016 23:52

40 million quid to money heaven. How many shelters for the homeless would that have bought?

[sallad3] 03/2/2016 22:56

AE

You talk a croc o'merde

LNG retrofit is not rocket science, and now that LNG is cheaper than MSAR2 it does not bode well.

KSA is last hope.

[argyll eagle] 03/2/2016 22:53

Sallad

Problem is the vessels ain't ready for LNG and retrofits aren't likely.

"QFI needs end users." You mean like Maersk and KSA? LOL

[hotfinance14] 03/2/2016 16:32

I await the next RNS.

[sallad3] 03/2/2016 16:09

Deutsch

Not sure you are right.
www.bg-group.com/480/about-us/lng/global-lng-market-outlook-2014-15/

LNG now cheap and will get cheaper (not least if Gazprom does what the FT is talking about)

Problem for MSAR is that it is always going to be a refinery by-product and as IW has always said is completely reliant on the price differentials for refinery product. Definitely a good product for refiners but they then have to find the clients. We still don't know the price per tonne for the AKZO chemicals.

LNG is product ready for immediate deployment onto vessel.

QFI needs end users.

[deutsch3] 03/2/2016 15:50

LNG is cheaper than diesel because they can't sell it! - When and if they can the price will go up! - Dear ...Dear ....!