At 12p this looks a great BUY.Remember after the deal with Suvair this shot to around 30p ! Next news I am sure will be the announcement of some major deals.Fill up at this level.

That doesn't change the 6000/Year cost of this unit just to protect 1 room.

See the other thread called

Energy Technique - Will this be one of the next growth stock

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1108

apple it does as on that thread it was stated that the unit will only be leased.

Totally wrong according to the RNS released by ETQ today !

In the trading statement announced at the Annual General Meeting on 26 September
2003, I explained that the Group's results in the first quarter of the current
financial year had been adversely impacted by the sharp slowdown in business
affecting the whole property and construction sector at the time of the Iraq
war. The Group responded rapidly to this unexpected downturn with a redundancy
programme to reduce the cost base, and by increasing its marketing efforts.

I am pleased to report that during the second quarter of the current financial
year, both ET Environmental and Diffusion Refrigeration and Distribution
experienced a sharp improvement in order intakes as business conditions started
to improve. Sales in the second quarter recovered strongly and were 43% higher
than in the first quarter, resulting in a much-reduced Group loss for the second
quarter.


Well by reducing the costs and the upturn in orders the next set of figures should show a good profit.

Also it was noted that UVGI have opened a sales office in Hong Kong.This must only be to capitalise on the SARs market which I would expect to be massive.

moneyman,

I read the other thread as suggested by apple.

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=1108

He suggested that you phone them & ask the price like he did.

Why didn't you phone?

I phoned them & apple is right!

The cost is 6000 per year for 1 room & the minimum contract is 5 Years.

IMHO, apple is also right about this not being the product from where the profits will come.

This, as apple says, will demonstrate the technology & the profits will come from the big air conditioning units.

BUT NOT YET, it will be 2005 before NHS approves so 2006 before big sales.


The Interim Report says

"an NHS hospital has agreed to install two
Nightingale UVGI units in its Accident and Emergency Department, starting before
the end of 2003. Two further units are expected to commence trials in a new
isolation department of the same NHS hospital in Autumn 2004, but the results
are unlikely to be received until late 2005."

I can only assume that you bought these when they were much higher & you can't take the bad news that you will have to wait a couple of years to get your money back.

You have my sympathay but stop giving the wrong impression about this share.

BTW they are not for sale, they are LEASE ONLY! At 6000 per year lease+maitainence.

ETQ have upgraded their web site....I'm going to miss the fishing pic's.

Well the results were as expected but the forward view is pretty positive. They have an office in Hong Kong to address the SARs market and have cut costs whilst also saying that sales are up and they are back into profit.

The update on the Nightingale unit is good news and just to add to the uncertanties the MMs are dropping the price when the sales outweigh buys yet again.

With no further cobwebs to hold this back I am looking forward to further updates on the Nightingale unit and also the next set of figures as this will certainly have a very positive effect on the companies share price.

raptor

then please explain this from the interims today


Of significant importance however, an NHS hospital has agreed to install two
Nightingale UVGI units in its Accident and Emergency Department, starting before
the end of 2003. Two further units are expected to commence trials in a new
isolation department of the same NHS hospital in Autumn 2004, but the results
are unlikely to be received until late 2005. The Board anticipates these
installations will allow it to initiate sales of the Nightingale UVGI unit into
other NHS hospitals.

It categorically says SALES and not LEASE.

moneyman,

SARS has been eradicated in HK, and Vietnam!

If you think there is a SARS related market, you may well be very wrong!

Still in a downtrend in my opinion, good luck to you if you hold.

aimt thankyou.

Has it really been eradicated ? Do we know this for a fact ? What about sitting in a hospital emergency room with all the bugs floating around ?

What about Legionaires?

There are so many applications for this type of unit.

Take an example - After the ban on smoking in aircraft the air is internally re-circulated. Now if this air which contains the bugs of every passenger is treated then it makes alot of sense. I travel for a living and the amount of times that I arrive home and two days later I am sick is numerous !

Fine if people do not see the benefits or listen to the telephone call derampings then that is their perogative.If people look at facts then maybe they can see a potential bargain.

moneyman,

It is leased, phone them up & ask!

Sales is just loose terminology just like a car hire or tool hire company quotes its income as sales.

I keep telling you to phone them up & ask & you will find out that it is 6000/Year.

This share is down again.

If it reaches 5p THEN it will be worth buying.

Otherwise, look at it again in about a year & don't tie your money up when it can be better used elsewhere.

Up 21% today...MM's very short of stock, looking at possible 20p by the end of the week, even without new's. IMHO.

You're right loafers, this one is well on the way back up I think - and there's more to come.

Why the sudden jump?

http://www.sars-expertcom.gov.hk/english/reports/submissions/files/086e.pdf

Technically a buy.Oversold and stock needs a home.Expect to see 15-20p very soon.More if news is out.

ETQ mentioned in today's Daily Mail...very positive comment.

Up 23%...

Not far off 5p now - remember this statement...........


Golddog - 12 Mar'03 - 22:41 - 1 of 120



I would wait for 5p myself.


moneyman - 12 Mar'03 - 23:01 - 2 of 120


Honestly cannot see that GD.They have a world class product and were trading at this level prior to the last news release.You can see that the price moved very very quickly from 11p to 12p today as too many people see this as a great buying opportunity.


8 Ball - 13 Mar'03 - 00:40 - 3 of 120


5p,,,,, no chance,

I think now could be a good time.
:-)

ETQ is just a joke...on a downtrend all along

good call Golddog..........a shame that im in at 6p

although it took you a bloody long time and many trading opportunities to be right.

Not a good call yet Superrod it's back down again at the moment. Maybe hlyeo98 is not far off.