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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

goldfinger - 19 Aug 2004 13:00 - 370 of 702

Price sensitive information 3 days I beleive, stand to be corrected.

Lets face it buys and sales individuals and instituions given 3 days.

cheers GF.

goldfinger - 19 Aug 2004 13:03 - 371 of 702

http://www.fsa.gov.uk/

check it out here. Cant be assed myself off to watch neighbours.

cheers GF.

emailpat - 19 Aug 2004 13:14 - 372 of 702

great exercise on this thread-I recommend it to any one(the exercise not the share)on second thought DYOR,NAG,back to, scroll down,scroll down,scroll down-just need something to do with my other hand???

goldfinger - 19 Aug 2004 13:15 - 373 of 702

Just before I go, Dil are you sure that you are sure?

cheers GF.

Dil - 19 Aug 2004 13:31 - 374 of 702

Re Norwich Union , yes GF , as sure as I can be .

Dil - 19 Aug 2004 13:32 - 375 of 702

PS Neighbours hasn't been the same since Holly Valance left.

Dil - 19 Aug 2004 14:13 - 376 of 702

Still waiting for Sue to back up her 40% claim - which she can't but it looks good as long as no one queries it.

artey - 19 Aug 2004 17:06 - 377 of 702

Is Dil' short for dildo ?

Scripophilist - 19 Aug 2004 18:20 - 378 of 702

Diligent I believe?

artey - 19 Aug 2004 19:17 - 379 of 702

Believe me, its Dildo !

Scripophilist - 19 Aug 2004 20:03 - 380 of 702

Does your name begin with an "F"?

Big Al - 19 Aug 2004 20:44 - 381 of 702

Welcome to the thread arty. Great first comment.

Got anything useful to say?

Gausie - 19 Aug 2004 20:54 - 382 of 702

Hmmmm I'd heard Dil was a stuck up c**t, but artey's posts are just silly.

;-)

chocolat - 19 Aug 2004 21:00 - 383 of 702

Who's Holly Valance?

Big Al - 19 Aug 2004 21:09 - 384 of 702

She's the Quik Trak to an early heart attack.

;-)

Kayak - 20 Aug 2004 00:04 - 385 of 702

Chocolat, your wish is my command :-)

hvpp0025.jpg

Dil - 20 Aug 2004 00:29 - 386 of 702

See why I stopped watching ???

Gausie fcuk off :-)

snakey - 20 Aug 2004 09:21 - 387 of 702

Kayak,
wrong photo!! that`s one of suehelen, isn`t it???

SueHelen - 20 Aug 2004 13:19 - 388 of 702

Very Interesting Online quotes : Comdirect.

Online buy set at 250,000 shares at 1.15 pence

Online sell set at 225,000 shares at 1.17 pence.

SueHelen - 24 Aug 2004 16:22 - 389 of 702

Tick up on the offer to 1.50 pence.
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