hangon
- 16 Sep 2016 18:04
- 63 of 63
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.