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QuikTrak - Radiolocation & Messaging System.....Price has reached the Bottom. (QTR)     

SueHelen - 29 Jun 2004 18:08

CURRENT PRICE 2.00-3.00 PENCE
TRADES OVER 60,000 SHARES ARE DELAYED IN REPORTING BY 1 HOUR.

"QuikTrak will serve the community by providing secure, reliable and flexible tracking and messaging services"

http://www.quiktrak.co.uk

Substantial Share holdings updated on 14 June 2004.

Chris Kyriakou 19,241,056 (updated on 9 July 2004)
(including interest held through Investika
Ltd)
Guido van Alphen 671,989 (updated on 9 July 2004)
Charles de Chezelles 1,000,000 (updated on 9 July 2004)
Brian Parritt 682,825 (updated on 9 July 2004)
John Scott 998,334 (updated on 9 July 2004)
Damelian Automobile Limited 5,935,483
HSBC Global Custody Nominee (UK) 4,373,333
Productive Nominees Limited 3,348,400
Westpac Custodians Nominee 2,857,162
Philip Securities (UK) Nominees 2,630,084
SST Partners Pty Limited 1,865,437
________________________________________________________________________________
INTERIM RESULTS

QuikTrak Networks PLC
20 September 2004

QuikTrak Networks Plc

Interim Results

For the six month period ended 30 June 2004

The first six months of this financial year have presented the Company with some
major challenges.

Following the commercialisation of the M25 Network in late 2003, the Company
found that the market demand for a network limited to within the M25 was
incompatible with the operating costs being incurred, in particular the level of
spectrum fees being paid, which were for a national UK telecommunications
licence. Given the intense competition in the sector and the variety of
technologies on offer, it is now clear that a fundamental component of a
successful business plan is the ability to offer UK national coverage. The
establishment of such a network for QuikTrak would require a significant amount
of capital and we have to date not been successful in securing these funds,
despite sustained efforts.

Following a review of the costs incurred in operating the M25 Network, the Board
resolved it was not in shareholders' interests to continue to do so. As a
result, the Company's wholly-owned subsidiary, QuikTrak Telecommunications (UK)
Ltd (QTT), was placed into administration on 23 August 2004. The ability of
QuikTrak Networks plc to pursue its broader objectives is not impacted by this
decision.

During the six month period, the Company generated revenue of 157,002 (2003 :
26,025). The loss for the period was 2,589,940, which includes writing off
the value of the net assets in QTT to nil (2003 : loss of 1,471,848).
Included in the consolidated balance sheet at 30 June 2004 are assets of QTT
amounting to 1,142,642, offset by liabilities of QTT of the same amount.

The Company has refocused its operations in order to enable it to exploit the
Intellectual Property Rights of the technology and its unique software in
Europe, the Middle East and the countries of the former USSR through network
sales and licensing arrangements. In order to be able to demonstrate the
technology, the Company has negotiated the right to use a QuikTrak network
currently operating in Australia, at a substantially lower cost than the
operating costs of the M25 network.

In July 2004, the Company raised new equity of 800,202 (net of costs) to
finance this revised strategy.

Progress continues to be made in selling a licence agreement to a prospective
operator in the United Arab Emirates. This is the first example of QuikTrak
utilising the Intellectual Property ownership of its system and is intended to
act as a blueprint for all future licensing deals in Europe, the Middle East and
the countries of the former USSR. Licensing deals are expected to provide a
revenue stream through consultancy fees for preliminary investigations,
technical planning, acquisition of base-stations and software, as well as
through monthly technology, licence and technical support fees per base-station
and transponder deployed.

QuikTrak's secure, accurate and reliable tracking technology has been well
received by the market for a wide range of applications and I remain confident
that with our new approach based on licensing and partnerships we have a solid
base for re-building shareholder value.

Chris Kyriakou
Chairman
QuikTrak Networks plc

For further information contact:
Annie Richards QuikTrak Networks Plc Tel: 0870 010 6044
Hugh Oram Nabarro Wells & Co Ltd Tel: 020 7710 7400

graph.php?startDate=29%2F06%2F04&period=graph.php?scheme=Colourful&enableBollinggraph.php?scheme=Colourful&enableBollinggraph.php?scheme=Mono&modeMA=Simple&star

dell314 - 14 Jul 2004 15:34 - 185 of 702

Dil - 14 Jul'04 - 15:08 - 181 of 188

So is the Korea thing part of the UK op or the Aussie parent co ?

Simple enough question.


SueHelen - 14 Jul'04 - 15:11 - 182 of 188

Uk operation, it is off the UK website, announced today.


Sue - could you provide a link to any RNS suggesting that the Korean venture is spun off from the UK operation, as this announcement of 6th Feb 2004 clearly states that the licencing agreements are with the Australian parent company:

http://www.quiktrak.com.au/download/20040206.pdf


QuikTrak Networks Ltd
ABN 44 008 718 867 Suite 107, 109 Pitt Street, Sydney NSW 2000 Australia Tel: +61 2 9233 8011 Fax: +61 2 9233 1349

Email: corpinfo@quiktrak.com.au

6 February 2004

Company Announcements The Australian Stock Exchange Ltd.

Dear Sir
Re: Korea Licence and Supply Agreement QuikTrak Networks Ltd (QNL) has signed a revised Licence and Supply Agreement with Korean company Vision Plant Incorporated (VPI), conditional on the grant of a spectrum licence from the Korean Ministry of Information and Communications (MIC).
VPI is pursuing spectrum to operate the QuikTrak location system throughout Korea. VPI completed planning for a nationwide QuikTrak network in fourth quarter of last year and wishes to commence roll-out in the first half of 2005. In January 2004, the MIC called for submissions for spectrum use in the frequency band of 376.5-380 MHz for mobile telecomm services, including location-based services.
The spectrum plan will be announced by the MIC in March, with the licence assignment to be announced by the end of June 2004. The Licence and Supply Agreement is for exclusive exploitation of the QuikTrak technology in Korea and for the provision of network equipment.
QNL will supply first stage hardware and software designed in Adelaide at its research and development centre, QuikTrak Technologies Developments Pty Ltd. In conjunction with the Licence and Supply Agreement, QNL has entered into marketing agreements with VPI, covering the Asian region.
Yours faithfully
QUIKTRAK NETWORKS LTD.

J B MAGUIRE COMPANY SECRETARY

Rgds
dell

Dil - 14 Jul 2004 15:34 - 186 of 702

Lol , missed this site did you Sue ????

http://www.quiktrak.com.au

Its a must visit site !!!

Dil - 14 Jul 2004 15:37 - 187 of 702

Parent company bust then Sue ?

Now fleecing UK investors?

DO YOUR OWN RESEARCH

http://www.quiktrak.com.au

Dil - 14 Jul 2004 15:42 - 188 of 702

Is that guy on the board of the Aussie parent company that has called in the administrators the same guy that got paid 396k by this company ???

DO YOUR OWN RESEARCH

Dil - 14 Jul 2004 15:48 - 189 of 702

Oh and there is a notice about their Korean license too , suprise suprise !!!

What research Sue ???

You are either as thick as two short planks or a ramper who is purposely misleading people.

You choose.

Tokyo - 14 Jul 2004 16:44 - 190 of 702

last time I checked there were 108 posts now one day later 188!!!!
Wow either alot of interest or alot of Deramping and basically getting on Sue Helen's case - simple piece of advice if you don't like Sue Helen's tip, then don't invest but all your negative deramping is getting annoying, WE GET that you don't like this stock, truly we get it!!! YOU don't have to remind everyone - EVERYDAY!!!!
Perhaps you should read some of Sue Helen's other posts where people have made alot of cash, on very solid research.
I for one don't feel that Sue Helen should have to put up with this, and if she hasn't blocked you already she should do so. After reading all your posts this deramping on QTR seems like a full time job for you, hope someone is paying you well!

shonky - 14 Jul 2004 16:58 - 191 of 702

in total agreement with tokyo

SueHelen - 14 Jul 2004 17:08 - 192 of 702

A shooting star has appeared on the candlesticks for today, like the one we had for Monday :

Stars make up part of four separate reversal patterns:

Morning Star

Evening Star

Doji Star

Shooting Star (Inverted Hammer)

Shooting Star -- a small real body near the lower end of the trading range, with a long upper shadow. The color of the body is not critical. Not usually considered a major reversal sign, only a warning.

http://www.tradersedgeindia.com/candlestick.htm

graph.php?enableBollinger=true&startDate

xmortal - 14 Jul 2004 17:18 - 193 of 702

Dell134 If you are not investing in this why so bothered? Please note that people who have invested in this share is not taking any notice of you comments, so why waste your time. Just drop it. Find something more uselful to occupy yourself.

Scripophilist - 14 Jul 2004 17:34 - 194 of 702

Never has the word invested been used in such a bad light. I'm with Dil on this one, this company reeks of a very foul odour. Nothing against any body who is involved in speculating on this company you just need to be very aware of the significant risks involved.

As for pointing out a shooting star on a company that has a spread of 67% and only three trades in a day, that's clutching at straws a little isn't it?

SueHelen - 14 Jul 2004 18:07 - 195 of 702

The spread is now put out of proportion, you quote the spread is 67%, where as on the screen the spread shows 40%. In true, on the online prices the real spread is about 25%. The price does move in increments of 0.50 pence. Look at the title.

Dil - 14 Jul 2004 19:11 - 196 of 702

Highest paid director 396K
Turnover 49K
Acconts qualified by auditors
Runs out of cash 11 months after coming to market
Highest paid director also board member of parent company now in administration.

SueHelen leading you up the garden path in pump and dump imo.

DO YOUR OWN RESEARCH

www.quiktrak.com.au



Dil - 14 Jul 2004 19:15 - 197 of 702

Lets not beat about the bush Scrip , SueHelen also reeks of a very foul odour and has done nothing but mislead people and avoid any questions put to her.

snakey - 14 Jul 2004 19:37 - 198 of 702

dil, congratulations. your intense antagonism towards this share in general and towards suehelen in particular has qualified you for my squelch list, as I am terribly bored with your manner. try going out a bit and socialising properly.
goodbye

Dil - 14 Jul 2004 19:46 - 199 of 702

Which part didn't you like .... the truth ?

Guess who the highest paid director in the parent company (now in administration) is ?

Big Al - 14 Jul 2004 20:04 - 200 of 702

SueHelen

I notice you are using candlesticks a lot. I use them as my main method of plotting price. If you wish to learn more please read Nison's book "Japanese Candlestick Charting Techniques".

The "shooting stars" to which you refer are actually gravestone dojis and are normally used to call tops, not bottoms (as are shooting stars for that matter - similar principle).

There is a great sentence in Nison's book - "In Japanese candlestick literature it is said that the gravestone doji represents the gravestone of the bulls that have died defending their territory".

BTW, all the above for info. Personally, in such a infrequently traded stock, candles really mean very little IMO.

Al

PS - if you've never read the book, try to get a copy. Really good TA stuff.

Gausie - 14 Jul 2004 20:15 - 201 of 702

To paraphtase Nison further

Making money long in quicktrak is like trying to lean a ladder against the clouds.

Dil - 14 Jul 2004 20:24 - 202 of 702

Sue can't read a simple company report Al so how the eck do you expect her to read a big thick book.

Nice call Monday Gausie , pure luck I guess , lol :-)

Big Al - 14 Jul 2004 20:28 - 203 of 702

It is Nison, not Murphy Dil!

LOL!

Mr Euro - 14 Jul 2004 22:20 - 204 of 702

What a pile of crap. Specultion yes but come on Sue the only thing you graduated at was ramping. Far from a first but your comments on this thread and lack of response to questions makes you look foolish to say the least.
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