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

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

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.

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?

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.

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

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.

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

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

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

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.

To paraphtase Nison further

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

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 :-)

It is Nison, not Murphy Dil!

LOL!

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.

Hi Sue

Im absolutely staggered by the events of the past 24 hours.

We seem to have had a Korean element which wasnt, a 67% spread which was really 40%, but was 25% when you looked at it closely and a shooting star which meant that this time next week Rodney, well all be millionaires.

Its time to get real Sue and accept that this is as big a pile of crap as Dil, scripto, BigAl, PeterG, dell, Gausie, Mr Euro and others have been telling you for some time. I just cant understand why you keep pushing itor maybe I can!!!!.

Regards.

Mark.

I am only posting information that I find, I can't believe what you guys are getting so worked up about. Are you sure you guys are not bitter holders from the 40 pence levels? Keep the ranting if you like, you couldn't resist having a swipe could you even though you mentioned last night that it was suppose to be your last post on here yesterday.

BigAl has already made a fool of himself when he was shouting from the roof tops that the price had fallen 27% in one day when the actual movement was the bid price going to 1.50 from 2.00 pence.

Well the price is practically at the same level when this thread was started. You could have switched in to watch Jaws 3 today but I can't understand why you didn't put your telly on and instead chose to lambast QTR with the same comments.

Happy trading!

BigAl has already made a fool of himself when he was shouting from the roof tops that the price had fallen 27% in one day when the actual movement was the bid price going to 1.50 from 2.00 pence.

Sue - you are looking more and more ridiculous. Whatever midprice figure changes there were on any day, a bid drop of 2p to 1.5p means you can sell your holding for 25% less than you could at 2p.
It also means that assuming you bought at 2.8p, your loss has increased from 30% to 54%. Mathematically, you could say that your loss had increased by 80%!

If you think that is good performance, then so be it, but splitting hairs about how you'd like to present the numbers is a pointless distraction and frankly, quite ludicrous.

Rgds
dell

P.S. Nice to see you've been editing your header to bring the trade size for delayed reporting closer to the genuine figure.
It's actually 18000, so you're getting close now!

Another permutation by dell314 so early in the morning, I will leave you to it while you and Dil now write the same messages on the QTR thread on ADVFN. Yes pointless which have started by taking one permutation then when you knew you were wrong going onto another one. You have misquoted my post again dell314, that fall was 10% which I mentioned and an individual was mentioning 27% and its so plain to see that you are putting a different angle to it using all the different assumptions.

You defy belief Sue !

SueHelen - not worth answering your jibe, but if you start threads on stocks, expect opinions from others.

Also expect opinions opposite to your own. There's an awful lot more bear points than bull points on this one.

It's OK to be wrong you know.

looking to hold these for at least 6 months, then we will see, what new contracts get realised and how their new business plan is flaring

good luck to all qtr holders