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.

Deal Hunter, No, I have not bailed out. I view ETQ as 'option money' and really a gamble on the Tchenquiz family not wishing to see their recent investment go down the drain and so therefore they will either have to prop it up or look to do a shell deal. I thought it was Molesley which would be getting the chop, with Basingstoke being continued. At Basingstoke they do have Suvair products being developed as recently as 3 months ago.
At the last emergency fund raising the mgt must have put fwd a reasonable business plan to have got the money they did get; agree this is high risk, but then if you are only going to get .5p/share, until you need to chrystallize tax losses nearer the t/y/e, what is the point in selling now. Agreed it could be allowed to go bust, but on the other hand phoenix operations are also not unknown. Don't know whether that helps much, but I/m staying put until end March.

What does anyone know about James Lugg the new ETQ Director (= yet another snout in the trough), I have asked around my HVCA contractor friends and nobody seems to know of him which is surprising as he supposed to have been in the industry for 25 years as an owner operator of his own business, must have kept a very low profile or been spectacularly unsuccessful not to have come to someones attention (especially as he must have started his career in HVCA at 19 !). Certainly none of his current directorships suggest that nerve ends should tingle with expectation of a turnaround and the current `sell' pattern of the shares suggest I am not alone in being underwhelmed by this appointment. I expected an industry `hard man' with a successful turnaround track record to be brought in to sort ETQ out but instead it's another appointment without a clear rationale. Has everyone out there finally thrown in the towel or do you know something about Lugg that I do not i.e am I grossly underestimating the new mans capabilities ?.

Deal Hunter, Doubt Lugg is anything other than an implant for the Tchenquiz brothers who are getting deeper into this probably more than they wanted to. I have decided to continue to hold (at least until the tax y/e when a capital loss would be handy) also in the possible hope that Tchenquiz bros. recent announcement that they are going into environmentally friendly businesses may mean that ETQ becomes useful as a vehicle to give them a start + tax losses. I realise that that is a long shot but I doubt the company will now go bust. It might just get interesting - one day - but I wouldn't hold your breath whilst waiting for that to happen.

Nothing needs to be read into Steve McNeice, FD, stepping down from the Board. He was unfortunate enough to suffer a serious illness following a acquiring an infection whilst Scuba diving in the Med. near Cannes a couple of years ago.

New to this thread as I bottom trawl for potential bargains, have to say Energy Tecnique seems more like a train crash than a trading company and the last hour reading all the old threads and the Chairmens Reports has been hilarious (but probably not so if you bought in at the ridiculous levels of even a few months ago). Don't know why so many of you are putting your faith in the Teguize family to bail ET out, when did they become the `Lazarus raisers' of the AIM market ?.They may be smarting at having been very publically suckered into this ludicrous investment but its peanuts to them i.e. not worth wasting management time on. Caplin apart, I do not recognise any of the Board as serious players, real intent on Teguize part would be organising a real power play not just farting around whilst the share price drifts ever lower.

How did Etq's management procede to do everything so badly wrong ?

Once this was a niche small business that could make almost 1 million
profits a year and had a new wonder product that should have been
a sure fire winner in this age of superbugs.

Now they lose money and plenty of it, burn cash quickly, fail to sell the
nightingale in any decent quantities and keep tapping the market for more
cash, it's turning into a Tadpole Technology stock, promises forever but
never delivers.

Having stumbled across this stock, I have been looking at it in a bit more detail, it seems that, with the closure of Diffusion DX, ET Environmental Ltd is the only significant trading operation left in Energy Techs stable. Helpfully the results for Et Environmental Ltd to March 05 have been published and make awesome reading. PreTax Losses 1.8 million (956K loss to '04, 70K loss '03), Shareholders funds down to 220K (2 million '04, 3 million '03), T/O 7 million (8 million '04, 11 million '03), Stock continually rising whilst T/O falls and presumeably creditors getting ahead of debtors. ET must have some very accomodating creditors and bankers, most suppliers and financiers would be running for the hills by now (or thinking about regime change). Only the old Chairman seems to have bitten the dust, the rest of the Board who brought about this nonsence seem to remain, welcome to Blair's Britain where no one is held responsible whatever the loss to the great British public. What do you think Davey gravy, is this belly up or will a white knight gallop up and save the day ?

Slapshot: See my post #287. If you are already in this share my suggested strategy possibly represents a reasonable way to view this stock, don't you think. Sure, the mgt of the co. since Geoffrey Dart left (ch. up til about 3 yrs. ago) has been woeful, but Tchenquiz bros. put money in so recently that they must have had a plan B if the existing businesses didn't recover.

The Times February 27, 2006


MRSA control


Sir, Almost a year ago senior microbiologists, myself included, with more than 600 years of collective experience in hospital infection control, warned that cleaning hospitals and more hand-washing alone, though laudable, were not enough to significantly reduce the MRSA infection rate. We said that a reduction could be achieved only by the physical separation of infected patients and carriers from uninfected patients and that for this more isolation facilities were needed (letter, March 4, 2005). A spokesman for the Department of Health told a reporter at the time that our recommendations were unrealistic.
On Friday (Feb 24) you reported that the number of times that MRSA has been mentioned as a contributory cause of death has continued to rise. Moreover, there has been no significant reduction in the number of MRSA blood-borne infections. These figures confirm our predictions. Until our warnings are heeded there will be no sustained improvement in the situation.




DR N. A. SIMMONS
Potters Bar, Herts

A tick up ! Is someone mad or do they know something ?

i think something is happening here i am holding 500k @2.75p, big jump on thursday and then someone buys 500k after the move up i think some news soon + buying today

good luck is needed more than good judgement with this share........wait for news

any one any idea whats going on?

Not a clue ...but it's nice to see the sp tick up

Don't think there is anything material going on other than Tchenquiz bros. establishing more control. By my calculation they must now have approx. 70% of the stock if they have converted their recent loan into equity. If so, that would be a good sign, as it would not give them priority over the rest of us plus, and its more a hope than anything else, they implement a plan to use ETQ + its tax losses for their ambition to build some environmentally friendly businesses. Might know more at the end of the week or early next.

any idea what asset value vs company value is?

at this sp that may well become a best option to recover investment

GN This is all about whether we think this company can phoenix itself out of the mess it is in otherwise it is only good for CGT mitigation.

Good Morning all

Had holding in this company, bought at 9p, sold some at 30p and the rest at 0.75p, luckily came out with a very small profit (very small). Think this had the potential to do great things when Nightingale was the hot subject due to MRSA and the Anthrax threat in the Iraq war. but those days have gone and sadly in my opinion so has this company.

Prospector

So some significant departures at last !, not surprised at Stimson and Unsworth, they were much too closely associated with the past disasters to be seen as part of the team to reinvigorate ETQ but Komlosy ?. Does this mean that L&B are going to sell up and take their losses or that they are happy for Tenguise to become the ETQ `Mr Bigs' and take the responsibility for directing the management. The general drift of the shareprice downwards yesterday suggests that some investors are uncomfortable with the departures, surprising , I see it as a positive step and am wondering if ETQ now represents a qualified buying opportunity (although it has been a very bumpy ride over the last year so further unpleasant surprises are possible). So, Sharesure, you seem to have your finger on the ETQ pulse better than most, is this the time to fill up at the bottom of the market or are you still being cautious ?, is there a quick profit on the horizon or just good money to be thrown after bad.

I feel theres been too much uncertainty with the company apparently both internal and external to consider the risk palatable. I still hold at a huge loss, but thats my fault. I would want to see a period of certainty and direction coming out from the company before i even contemplated investing more. The balance of probabilty on past experience weighs too heavily.

Good luck and well done if you make a quick profit but i would use my good money elsewhere and leave the bad money here to repent.

GN