....

already 14p this morning, the marked down by MMs to attract buyers did the work yesterday

Going places today on low volume but that is what happens when there are buyers and MMs are short of stock

motoring today - up 8%

Half Yearly Report
RNS
RNS Number : 0885Z
Quadrise Fuels International PLC
04 March 2013



4 March 2013



Quadrise Fuels International plc

("QFI", "Quadrise", "Group" or the "Company")



Quadrise Fuels International plc presents its interim results for the six months ended 31 December 2012



HIGHLIGHTS



Financial



· Cash reserves of £4.02 million as at 31 December 2012 (£2.44 million as at 31 December 2011), sufficient to progress to early stage commercial operations and sustainable revenues based on the current business plan and prospects.



· The successful placing of 50 million new ordinary shares in October 2012, raising gross £3.50 million, which has served to strengthen the financial and shareholder base to allow the management to focus on driving the lead programmes forward as effectively as possible.



· Loss after tax from continuing operations for the period of £3.35 million (2011: £1.60 million), which includes a non-cash charge of £1.8m (2011: £nil) for the impairment of available for sale investments.



· Loss per share 0.45 pence (2011: 0.22 pence).



Operational



· Key milestones passed in the Marine programme with the formulation and testing of Marine MSAR® 2 fuel, targeting the largest new generation marine propulsion engines.



· Confirmation that Quadrise MSAR® technology is now approved for application in Saudi Aramco refineries providing additional impetus to the KSA project programme.



· Selective additions to the active project portfolio with an oil major in Europe and a South American oil company - both being self-funding and having early development potential.



Commenting, Ian Williams, Executive Chairman, said:



"The Company has passed several key milestones in our lead programmes since mid 2012. This, together with selective project additions and a successful share placing, has served to broaden the base and materially de-risk the business. Quadrise continues to benefit from the enthusiasm, commitment and support of our partners in all major programmes, many of whom are leading companies in their industries at a global level. We are very appreciative of this support and believe, as they do, that our combined efforts will be well rewarded in the future.



Appreciation of the "Quadrise Proposition" continues to grow, evidenced by both direct enquiries and specialist and general media exposure. Increased awareness of the value-adding potential for refiners and the "green contribution" associated with production, distribution and combustion has become evident in our general business interactions.



Quadrise is increasingly seen to be a 'game changer', displacing established practice in some large and complex industries. The same industries are also known for rapid adaptation when leading players adopt new technologies. The profile of our projects and partners would indicate that Quadrise shareholders could reasonably expect to benefit in such circumstances."

:-))

All buying this morning, the bounce is from support

Buying is on and share price up to 11.75p now

16p after some contract-signing . . . Could we see 50p as the oil flows?
Dreamcatcher, did you want OUT at any price, seems odd time to leave . . . ?

Wow!
sp is really lifting off as punters believe the Co really is on the verge of good times.
25Nov RNS (DYOR) indicates they have 2x contracts with Akzo-Nobel chemicals for the exploitation of the dispersant/stuff.
The AGM was only a few weeks ago with sp ~24p - now it's 36p (~50% uplift, I think).
I hold.
EDIT (6Dec2013):- SP 46p, so near to x2 (prob abt 50p to allow for costs).
EDIT (6Jan2014) - Mitzy sp...it's stuck - HNY to all, etc. this Co. is still waiting for the "Off" -
EDIT (April2014) Don't like Dir sells...anyone else?
EDIT ( 6July2014) - MoS likes this, hence sp blip. ADDED: (24July)- I understand the notion of "banking a profit" ( see 8July dreamcatcher ), but if QFI really is about to fulfil its promise ( and the indications are it still can ), then part-selling ( now ), means you enrich the Broker and diminish your return. Midas is covering himself, just in case it turns nasty - but even he believes there is more sooner than never. However, after this blip is through, expect 30p without any Management News.
EDIT ( 10Oct2014)-down to 31p today.... is this showing us any Big Event is still some way off...... or someone needs the money??
EDIT( 7Jan2015)-The sp has fallen in line with lower oil-prices, presumably making any conversions less attractive. Yet the tar should be falling as well...and Dirs have bought nearly £10m worth ( Dec 2014- DYOR). Wow that's some money to have available...hope they're right as I'm holding-on. 20p today.
EDIT ( 20Jy2015)-sp 11p - this is a result IMHO of the falling Oil-price, it remains to be seen if QFI can grab a big contract to use their tech, when the big users are happy with their spot fuel-costs. This may be a time to Av. dn - but that is always dangerous.... anyone know their cash position / debts /etc?
EDIT (8July2016)- almost 1-year-on . . . and . . . Dir purchases have raised sp to 11p but the new CEO seems to be given many shares "free" DYOR. Also, Saudi potential looks to be pushed back until 2017. More the same, eh?
EDIT-(27July-2016)- Dir Selling has dropped sp to 9p - not good news as Oil is falling further.....
EDIT-(1Sept2016)-... sp ~12p... after "understanding" on a venture in Saudi (DYOR) . . . to convert sludge (my term) into something usable . . . on the face of it this is good . . . against the Global risks to Oil (overproduction) and China slowdown, affecting QFI's brightest hope, so far, Meersk Container Ships.

Going to 50p by the look of the chart.

Back to 25p ..?

From the share tips thread - dreamcatcher - 06 Jul 2014 18:25 - 246 of 246

Sharecast - Quadrise Fuels’ shares have jumped from 10p in October 2012 when Midas tipped them to 35.25p but The Mail on Sunday tipster thinks there is more to come. Its low-cost, greener fuel for the shipping and power industries could be revolutionary. Last week it revealed that tests with the world’s biggest shipping firm, Maersk, had gone well. Those who bought the shares should sell a quarter of them to bank some profits and adventurous newcomers should take a punt.

Chart downward trend.

Falling back to 10p.

Not surprised mitzy, The RNS shows the Dirs could only secure a continuation of the supply-deal with AZO chemicals. . . . wait for it . . . until late 2018.
EH? That's a 2-year extension . . . . yet I thought they'd have had the deal wrapped-up until somewhere late in the 2020's - otherwise what is this Investment?
Dir buying doesn't inspire, either. Looks like they are getting zero-cost sweeteners like 1m at 0p could (Are?) selling raises abt. £100k - Grr! ( unless U-know better ).
QFI- Like a basket with a tear, except no-one knows how big the hole is, once anything is placed in it.
Very disappointing and I guess sp=10p would be Bonus, in the circumstances.
... Currently ~12p...
EDIT (20Oct2016)-Rights at 10p is a small discount, but the potential still remains...IC suggest Speculative Buy for the Stock, so this may be worthwhile, now 11p mid. in the Market.
EDIT (2Feb2017)-sp 14p but I don't like ~3m shares Trading in Dir-deals . . . what is that? They don't look like Market Buys, . . . Anyone explain?
EDIT (8April2017)- Oh deary 30% fall on confirmation Marsk has chosen to use low-sulphur EU-apprv fuels to meet EU Regs . . . whilst QFI is still in discussion, it looks like there can't be a deal soon, as the heavy residue is no-longer the issue.... sp abt. 5p. IMHO relying on 1-Customer is stupidly risky. - Views.Anyone?
EDIT(22May2017)- sp 4.2p-ish tells the story as it is . . . . they know no-one that wants their technology ( rather AZO, another story)., so I guess they will fold soon. You would think there would be someone that needed to wash out the old oil - which at least would be an income - perhaps go back to AZO and see if there's another chemical in the Cupboard, that needs some attention . . . . but would anyone trust this lot? Seeking reliance upon a single-customer is a very bad move, IMHO.
EDIT(16Nov2017)-Seems the attn. towards Saudi (?) is "on" - but again it's a single deal...with delays...who knows and sp=3.8p no-one does.
EDIT(22Nov2017)-Co RNS suggests Media comments are...then it fades out...dunno.
EDIT (11Dec2017)-up 37% - sp 8p3 - no obvious reason/RNS zippo..... DYOR.
EDIT (27Jan2018) - I don't like the look of this.... dropped their mainstay and sp is pathetic... I guess the Saudi-project is the only one left.... Will they then lose the AZO-franchise later this year?
EDIT (26March2018) - 43% sp fall to 5p5 - Co. RNS suggests Saudi MRSA won't go ahead. Thus QFI has no-more in its hand.... due to being a 1-trick Co ( as this means less work for Execs)... but means Risk!!! for retail investors. And you thought Carillion was the worst-faller in 2018...
EDIT (14May2018)- abt. 3p now.... you think it would rise with the impending Oil-shortage ( Iraq /Iran).... and the US-led increased sanctions.... Prices at the pumps in UK are up already.
EDIT25June2018)- Seems I missed the Investor phone-in a few days ago . . did anyone get news? Can't think they'd say anything that's not already in the Public Domain..... That's the problem, isn't it? Being a shareholder confers only RISK, it seems.
EDIT (11Sept2018 )- sp 2p9 Ooer - as this is after a small rise!
EDIT(30Nov2018)- Is it AGM-day? - Missed it, as I have more important things to do. I read that AzNobel are to extend the "agreement" another year ( Eh!) and then discuss a further 3-years. DYOR. - This was something I was concerned about from the start.... far too much (everything?) hangs on an agreement - a mere piece of paper. Without this, I'm guessing QFI is worthless . . . maybe that and the pull-back from Middle-East is wrecking the sp ( ~3p). It really looks as though Management has been sunbathing while the World moves on. If there is good News, can someone tell me?
EDIT(7Dec2018)- Begging Bowl time....2.5p =1 for 10. DYOR. Oh deary.