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

Rumour in the City is that Sue Helen is in fact the great trading author Kermit Zeig, apparantly her technical analytic ability being shown on this thread is giving the game away to those that know Kermit.
I am therefore going to fill my boots with QTR monday, 2 quid by xmas.
Dominic Simpson esq.

Apparantly Vodaphone are interested and an announcement will be made in the next month. Phoned QTR but they wouldn't comment on it.

lol

I was thinking of buying one and implanting it in my wife ... can never bloody find her when I need a lift home from the pub.

Sensible woman, the rubbish you talk on hear, i would hate to listen to you when you come out of the pub lol.

Dil. i am recording profits on my stake. Maybe you are losing the plot here, QTR was a punt to be caught at the bottom, and I have thanks to Sue. I am sure Sue and the ones who took her advise when to buy are recording profits. Again many thanks for your tip Sue.

Bid is now back to what it was when SH first started posting, so anybody who took her advice then is just about break even, and not recording profits, long time for funds to be earning nothing. Recent increase in value, entirely based on speculation and zero facts. Good luck if it comes off xmortal, but this was a crap tip.

ptholden, I first bought qtr for 2.35p per share. This must have been a day or two after Sue had given her views. I m nearly 25% profits, not bad for a share that all derampers are calling crap. I learnt thru time never to fall in love with a share, regardless of any grand story behing. When I feel is time to sell then i will sell them, like i've done with many and making some money along the way. In some cases i missed some good profits but so what! There will be other shares I can make money. opportunites will present and one has to take the risk. No risk no gain!!

xmortal, you are a dickhead!

On post 478 you state "i got in at 2.25 and topped up at 1.15p". Now you say you purchased at 2.35. Whilst it's not a great discrepancy, any self respecting investor knows EXACTLY when they purchased and how much for. I think you make these figures up to suit your case and thats why you should not be listened to.

Very early in this thread I urged the use of stop losses, which was ridiculed by you bum chum SueH. If you had used this method knobhead, you would have sold prior to the momentous drop, been able to purchase them back at a much reduced price and been able to sell now for much more than the 25% you purport to have made (lol).

All in all, your contribution to this thread, along with your investment strategy, is shite, and you dont appear to have a clue what your doing.

This is still a crap investment and any holders should get out now if they are break even or better.

Regards.

markp.

and what sort of saddo posts at 3.30 am on a sunday

One thats not in England clever clogs!

Markp. Yawn, The only dickhead here is YOU. Read my post where I stated my FIRST purchase was at 2.25. and yes subsequently i topped up at 1.15. and yes I am in profits. The investment strategies I employ is up to ME, you stupid pig. I never ask people to BUY QTR, like you pig telling people to put a stop loss. In my opinion stops are very good on value shares, not on highly volatile shares, you can kiss good bye your investment if you use such strategy. In my opinion you are encouraging people to loss money. use your brain before you open your gob.

Not in a million years xmortal. The tone of your posts throughout this thread show you as a ignoramus who cannot express himself without insulting others in the way a 2 year old does in the playground. Therefore, if you cannot express yourself in a proper adult manner, why should anyone listen to your other inane rantings?

Grow up you moron.

OK chaps, that is enough name calling. Please refrain from personal abuse and concentrate on discussion about the share.

Yeah right, derampers like you began insulting in this thread, Never mind I am happy with QTR and the profits is giving me, and no stop losses. Hah :-)))

Oi Mr Moderator .... do you know a nice way of calling xmortal a lying tw*t as I wouldn't want to over step the mark.

Cheers

Tick up on the bid & offer today, up 8.00% at 3.00-3.75 pence.

Morning Sue: Thanks for your posts. Good to see we keep recording profits!!!

Yippee , break even Sue nearly ... where you holding the party ?

Fair play to Sue, Dil she called it right again up 23.53% with WHOG NO 2 on the percentage gainers.

Calls the bottom at 3p over 3 months ago and now 3p so still down when charges are taken into account.

Would have done better sticking your money in the Post Office John , fairs fair.