Legins
- 02 Sep 2003 17:45
Could ETQ's share price be soon to benefit from their developments with the new UVGI Nightingale Mobile Air Filtration Product.
New UVGI air filtration product
In November 2002, the ETQ announced its new Nightingale UVGI air filtration product, to be produced by a new joint-venture company, UVGI Systems Limited, owned 55% by the Group and 45% by Suvair Limited. This rapid response mobile air filtration unit is capable of killing the MRSA super bug and other airborne pathogens.
The UVGI unit has widespread application where there is need to keep
air free of dangerous live bacteria, viruses, and fungal spores, including
hospitals, schools, cruise liners, aircraft, food processing, and military
applications.
The UVGI unit uses a high intensity Ultra Violet Germicidal Irradiation ('UVGI')
filter, which has been designed to control harmful and dangerous airborne
pathogens, such as Anthrax, Tuberculosis, and Staphylococcus aureus, the
causative agent in MRSA. The filtration system is combined with use of high
intensity Ultra Violet light, which inactivates micro organisms by disrupting
their DNA structure.
Tests of a prototype at the Defence Science Technology Laboratory ('Dstl') at
Porton Down, the centre for excellence for the Ministry of Defence, showed that
the UVGI unit captured and/or destroyed more than 99.9% of Bacillus subtilis
spores, a simulant for Anthrax bacteria.
Since November, second generation units have been developed, which will go on
applications testing at an NHS Trust Hospital in December 2003, following
building completion of its new haematology unit. It is also anticipated the
UVGI unit will shortly go on laboratory testing in the United States with
contractors nominated by the Department of Homeland Security.
Concern seems to be hotting up on the T.V. news that the MRSA super bug is still killing and disabling people visiting or as patients in NH Trust hospitals. It would be surprising if NH Trust hospital do not notice and Buy this product before they get to many expensive law suits for compensation claims.
Definitely a stock that could soon be heading north. Worth buying in but DYOR
L.
RELATED NEWS LINKS
Sky News Sun 28th Sept 03 - NEW ANTIBIOTICS WARNING
BBC World News Thurs 4th December 03 - Hospital infections: Case studies
BBC World News Fri 5th Dec 03 - 'Superbug' crackdown is launched
BBC World News Monday 22nd Dec 03 - Superbugs lurk in intensive care
Sky News Sun 14th Dec 03 - SUPERBUG CARRIED BY PETS
BBC World News Thurs 26th Feb 04 - Superbug deaths increase 15-fold
BBC World News Mon 22nd March 04 - MRSA superbug hits more children
BBC World News Fri 2nd April 04 - Superbug outbreak in cardiac ward
BBC World News Thurs 8th April 04 - NHS faces superbug legal claims
BBC World News Sun 6th June 04 - Government 'complacent' over MRSA
BBC World News Fri 18th June 04 - Superbug deaths 'set to double'
BBC World News Thurs 1st July 04 - Holland's tough line combats MRSA
BBC World News Thurs 1st July 04 - Overcrowded hospitals breed MRSA
ITV.com Fri 9th July 04 - Mother's MRSA nightmare
ITV.com Fri 9th July 04 - 'MRSA superbug has done this to me'
ITV.com Fri 9th July 04 - Precautions you can take against MRSA
Sky News Sun 11th July 04 - WAR DECLARED ON MRSA
BBC UK News Mon 12th July 04 - Drive to fight hospital superbugs
SueHelen
- 13 Aug 2004 09:23
- 320 of 497
The September presentations with the NHS chiefs is a great opportunity for ENERGY TECHNIQUE to get their message across which is that the NHS need to have as many methods/processes in place to prevent the MRSA problems.Hygiene involves many areas which need to be addressed and ENERGY TECHNIQUE will stress that airbourne infections can be prevented with their Nightingale product for which they have data from hospitals which have used their products showing the effectiveness of their product.The NHS will need to understand that they need to use ENERGY TECHNIQUE air products alongside other measures to ensure an hygienic environment.The ENERGY TECHNIQUE product is a preventative measure and that is what the NHS need to wake up too!
The extent of the MRSA problems means that they should take on board these issues because certain hospitals could be closed down unless they take on board every measure to overcome the problems!
Tuesday's Bloomberg article mentioned that hospitals in the USA were buying more products.Now the point is that whatever the products are they will also have a knock on effect on the hygiene problems which will also need to be addressed a great sign for ETQ.
More lawsuits (in the US) re MRSA - this may help sales of the Nightingale there if such lawsuits are successful!
http://www.courier-journal.com/localnews/2004/08/07ky/B5-jewish08070-4199.html
... and here is the latest cure for MRSA! ...straight off the Aussi press:
http://www.thesundaymail.news.com.au/common/story_page/0,5936,10371629%255E903,00.html
(even if it works it won't stop people becoming infected in the first place of course)
and finally, this article sums up why the MRSA problem has now become so tragically serious in our hospitals, as we all well know but the government does not want to admit.
http://www.newsandstar.co.uk/opinion/viewarticle.aspx?id=122601
SueHelen
- 13 Aug 2004 09:25
- 321 of 497
Re : shareprice.
One change today is positive in that for the short term trading range it was stated as ETQ does not show any clear trend. Now it is stated that we are in a rising trend & continued rise within the trend channel is indicated.
Source : Investtech.
Snip
- 13 Aug 2004 09:31
- 322 of 497
ukwire alert
"The Company announces that application has been made for a total of 3,052,560
ordinary shares of 1 pence each ('Ordinary Shares') to be admitted to the
Alternative Investment Market of the London Stock Exchange. The application is
pursuant to the exercise of the 2001 option agreement between the Company and
Harrell Hospitality Group Inc. granted in May 2001. Harrell Hospitality Group,
Inc. has no further options following this exercise of options.
Admission is expected to become effective on 18 August 2004."
received 9.30 13/8/04
SueHelen
- 13 Aug 2004 09:39
- 323 of 497
Re : my postings yesterday about the premium on the bid, again today the market makers are offering 6.73 pence on the bid and 7.17 pence on the offer.
Snip
- 13 Aug 2004 09:46
- 324 of 497
info about dilution of a stock (not etq just general stuff)
http://www.fool.com/news/commentary/2004/commentary040505pe.htm
SueHelen
- 13 Aug 2004 09:50
- 325 of 497
Dilution : its only 3 million shares.
SueHelen
- 13 Aug 2004 09:53
- 326 of 497
The additional listing refers to the below (May 2001):
The company is selling the loss-making Bensons Heating unit to a management
buyout team and has agreed to a cash injection from a consortium of companies
and individuals led by Harrell Hospitality Group Inc and Cybertec Holdings plc.
They will be subscribing for 36.7 mln new Energy Technique share at 3 pence
each and intend to pay 587,688 stg in cash for the stock and 514,312 in shares
in Cybertec.
superrod
- 13 Aug 2004 10:15
- 327 of 497
ONLY 3million shares?
dont wish to appear negative as a holder, but 3million shares is the best part of 250k ( a significant percentage of the market cap )
as the ovehang is absorbed ( i hope ) punters wil be buying and selling. could be a long wait without news at todays trading rate.
SueHelen
- 13 Aug 2004 10:44
- 328 of 497
Level 2 at 1 v 3, just WINS on the bid who are offering 6.73 pence on the bid and are chasing stock as they have done throughout this week. It has been WINS who have been filling the large buys that have come through every day this week.
WINS are still not getting any stock at 6.73 pence. Hence they might try to get some stock back from the usual suspects by moving onto the 6.25 pence bid. As always keep an eye on the offer price.
SueHelen
- 13 Aug 2004 11:48
- 329 of 497
Level 2 has just improved after the 70,000 buy at 7.00 pence. EVO have joined WINS again on the bid at 6.50 pence. Level 2 from 1 v 3 is now at 2 v 2.
patsym
- 13 Aug 2004 15:13
- 330 of 497
7.2 pence on the offer now
SueHelen
- 13 Aug 2004 15:18
- 331 of 497
Hi patsym,
Level still at 2 v 2 after EVO the house broker joined WINS on the bid mid-morning today.
WINS are now offering 6.75 pence on the bid price, a hefty premium of 0.25 pence on the bid. Real price 6.75-7.20 pence. A large buy may come through again towards close. A succession of large buys have been coming through on each day this week hence may get another one today also.
patsym
- 13 Aug 2004 15:19
- 332 of 497
nice way to end the week hey?
SueHelen
- 13 Aug 2004 15:26
- 333 of 497
Would be yes patsym, though I'm very happy with the activity this week albeit no change in the price.
We have had a good week I think this week :
We have moved into an uptrend now (my Investtech post)
Lots of large buys have been coming through
The sells have been the size of peanuts, really small.
Buys are outdoing sells for the tenth trading day in a row
The price has been able to hold onto all of its gains
Pattern :
Week before last week the price was building a base at 5.00 pence
Last week the price was building a base at 6.00 pence
This week the price was building a base at 7.00 pence
Next week we could be looking at the price building a base at 8.00 pence and attacking the resistance at 8.10 pence.
SueHelen
- 13 Aug 2004 16:37
- 334 of 497
Well the large buy didn't come today though level 2 closed at 2 v 2 with EVO and WINS on the bid and the real price was 6.75-7.20 pence at close. WINS paying a premium of 0.25 pence on the bid ???
At close :
Buys outweighed Sells for the tenth trading session in a row
Buys = 180,502
Sells = 67,726
Yes not much buying today but again like all the past trading sessions the buys that come in are large and the sells that come in are small.
SueHelen
- 13 Aug 2004 17:25
- 335 of 497
Buys vs Sells for the last ten trading sessions :
Below in reverse order where the first batch is today's data (the buy/sell column trades are incorrect for some days), I have had to go back on previous posts and take the figures that I have posted at the close of each trading day, I have not included any rollover trades in the data as they don't affect the price :
Buys Sells
180502 , 67726
632199 , 419644
769389 , 574927
1750000 , 670688
1600000 , 1000000
9000000 , 3000000
263181 , 259503
348285 , 344279
1450000 , 597047
3600000 , 2200000
Total Buys for the last ten trading sessions = 19,593,556
Total Sells for the last ten trading session = 9,133,814
I make that about 10 million in more buys.
superrod
- 14 Aug 2004 15:59
- 336 of 497
sh
as i have said im a holder, but your figures say to me there is one LARGE dump coming. ( albeit it would appear to be covered judging by the static price )
SueHelen
- 14 Aug 2004 17:42
- 337 of 497
Hi Superrod, the calculations suggest that somebody is accumalating stock at fixed prices in ETQ at prices of around 7.00 pence, some clever accumalation buy orders getting filled by the market makers without raising the price, Level 2 gave a good hint about this on each trading day in the last week (look at the large buys at 7.00 and 7.25 pence this past trading week). The real action happens on level 2 which gives the first indication of good things about to happen and it looks like some more good news is on its way. Level 2 was looking the way it is before last friday's news release came (see my posts during last week) about the September 1 presentations to the NHS chiefs.
Having thought through the RNS regarding the NHS chiefs/presentation etc soon this is also a great achievement and shows that the NHS want to listen to ENERGY TECHNIQUE as the NHS are under pressure with the problems that exist in the UK. I think that the Energy Technique sale in the USA and data that ENERGY TECHNIQUE have from trials will have pursuaded the NHS CHIEFS to want to attend the presentations and hopefully they will WAKE up and get convinced that they need to tackle AIRBOURNE problems asap.
Investtech Analysis updates after friday's close :
Positive Candidate (Short term) - Aug 13, 2004
ENERGY TECH. ORD 1P is in a rising trend and a continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. The stock has support at p 5.10 and resistance at p 8.00. Volume tops correspond well with price tops, and volume bottoms correspond well with price bottoms. Volume balance is also positive, which strengthens the trend. The stock is overall assessed as technically positive for the short term.
SueHelen
- 14 Aug 2004 17:43
- 338 of 497
Neutral (Medium term) - Aug 13, 2004
Is within a falling trend. Continued negative development within the trend channel is indicated. Has, however, received a positive signal from the moving average indicator, thus signaling a continued rise. The stock has resistance at p 8.70. Positive volume balance strengthens the stock in the short term. The stock is overall assessed as technically neutral for the medium long term.
SueHelen
- 14 Aug 2004 17:43
- 339 of 497
Weak Positive Candidate (Long term) - Aug 13, 2004
Is within a falling trend. Continued negative development within the trend channel is indicated. Has met the objective at 12.66 after a break of a inverse head and shoulders formation. The price has now fallen, but the formation indicates further rise. The stock has support at p 3.50 and resistance at p 11.40. Volume tops correspond well with price tops, and volume bottoms correspond well with price bottoms. Volume balance is also positive, which weakens the falling trend and could be an early signal for a coming trend break. Trading volume has increased substantially lately, which may be because of fundamental news. The stock is overall assessed as technically slightly positive for the long term.