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

SueHelen - 12 Jul'04 - 10:00 - 78 of 81

........
Trades over 200,000 shares are delayed in reporting by 2 hours and the price was 1.5-2.0 pence at the open then the price ticked up thereafter.

Could be director buying, nonetheless was a definite buy.


Sue - could you please indicate when you are stating fact and when you are just guessing.

According to LSE reporting rules, trades over 18000 for this stock are delayed by one hour and extremely large block trades can be delayed for several days, at the discretion of the MM involved.
Permitted reporting delays are related to NMS size multiples.
Correct info is freely available from the LSE website.

Why would directors buy at 1.75p, when they have only just had the opportunity to buy unlimited stock at 1.5p??

Rgds
dell

Not unlimited dell314, just to make the fundraising complete. So it could be! Same situation arose in Mediwatch last week where the directors completed their fundraising by snapping up what was left. With regards to the 2 million trade I do believe it was a buy. I have seen trades over 200,000 shares in QTR delayed in reporting by 2 hours. I have been watching everything in QTR for the last four weeks and I can say it was a buy.

Trades in CWV use to be delayed in reporting by 2 hours as well, over 50K.

Sue - I have very little interest in whether the 2mln trade was a buy or a sell but I don't like you posting total nonsense, in an attempt to appear knowledgeable to other posters.
There are formulas for calculating reporting delay times related to the NMS for each stock and I can tell you that your figures for both QTR and CWV are wrong.

As for director buys at 1.75p, it is within the realms of possibility, I suppose but as it is extremely unlikely, as they have just purchased at 1.5p, I think your earlier observation sounds remarkably like an attempt to ramp.

Rgds
dell

I have held both stocks and in both trades are delayed over 2 hours over a certain size. I'm sure if you go back to my posts on the CWV thread with regards to November last year you will see I stated several times that some trades are delayed in reporting by 2 hours.

Your observation sounds remarkably like an attempt to deramp.

dell314-May I ask what your position is on this stock ?

Sue. Your research is great and well as your TA. Mom and RSI are suggesting the share prices are moving north, even though the price has not shown this in the past few days. Give it time and we'll see the price moving up quicker. Thanks. I have added more of this too

Sue - Please read page 150 of the "Guide to London Stock Exchange markets" and you'll see a nice table of trade publication timescales.
You will then understand why some stocks have reporting delays of one hour and some are delayed for two hours.
You will also then be able to work out the exact trade size at which the reporting delays come into force, rather than relying on casual observation.
I hope that helps.

Rgds
dell

Now you have stated that some trades are delayed in reporting by 2 hours. That was what I was on about and I have not made casual observations but stated that trades over 10,000 shares are delayed in reporting by 1 hour and 200,000 and above trades have been delayed in reporting by 2 hours in QTR. This information was not in the public domain but you could have found out if you had been looking at the trades picture over the last four weeks.

Back to 1.50-2.00 pence. Level 2 3 v 1, 3 MMs are supporting the 1.50 pence bid price. Can expect the price to be up an down at this level for a few more days while the fundraising overhang gets cleared.

Level 2 is 3 v 1, the best it can get.

The Bid Price dropping back to 1.50 pence has allowed for a Bullish signal to be formed on the Candlesticks. There can't be much of an overhang left with the online buy size still restricted to 150,000 shares, in that one can only buy 150,000 shares online at 1.85 pence.



Best - Charts :

Candlestick Chart Signal
Pattern : Doji Star
Trend : Bullish
Direction : Reversal
Credibility : Moderate.

Sue - It is very dangerous to try and predict the size of the overhang based on the volume/price offered by a limited number of RSPs.
Tiny illiquid stocks such as this do not generally have more than one or maybe two RSPs.
Has it occured to you that the MM(s) holding the majority of the stock may not even have an online RSP?

Rgds
dell

P.S. Your trade reporting observations are still wrong but I've told you where to research them and I'm not going to spend all day arguing in circles with someone who won't even bother checking.

Dell. If someone is not listening to u what does that tell u? most of us here are taking a high risk and it is our choice, it is up to the individual to make their choices, you've made yours and we've made ours. I trust Sue's judegement. so far most of her picks have been very good. I feel this is a good one too. Thanks

Hi dell, my trades checking is not wrong. I spotted myself the size of the trades that are delayed by 1 hour, in this case 10,000 shares and the ones that are delayed by 2 hours, sometimes trades including 200,000 shares and over. You can't just make an assumption that this is a buy or sell without following the picture over a few sessions. This is the same when you tried to create panic by re-iterating that the price had fallen 27% in one day when the real thing that happened which I mentioned was that the spread had corrected itself and the actual fall was 10% on the day.

Large buy reported : 250,000 T BUY at 1.90 pence. T = single protected transaction. Someone had an order to purchase 250,000 shares during the course of the day.

Sue - have you just seen the 25k T trade at 1.75p go through??

Unless there is a larger delayed T sell to come, it would appear that that miniscule sale made WINS drop off the bid at 11:39.

Remember my comment about a sucker's rally, this morning??

Rgds
dell

You're just going round in circles now to find anything with which you can to deramp this stock. Any views on the 250,000 T buy at 1.90 pence. That is a large buy for a small caps stock like QTR.

momentum is builidng up, positive momentum line is just about to cross 0 (Zero) , we should see it going up. Also RSI and MACD are heading north too. So far so good. What is the buys v sells today?

BUYS = 2,623,891
SELLS = 175,000.

Fundraising overhang is getting reduced by the day.

56 Million shares issued for the fundraising :

Directors & Chairman's purchases totalled roughly 13 million shares
City Equities sold 31 million shares to their clients, if they had any left they would have come to the market already
Overhang of 12 million shares came to the market last Thursday.

Since then about 3.3 million in buys and 230,000 in sells.

City Equities clients may also start buying at these prices to average down from their purchases at 2.50 pence.