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.

Hi Ian

how is moderator4 - he/she hasn't been around for a while

have you sacked him/her?

DD,

Moderator 4 is fine and well still vigilantly watching behind the scenes.


Ian

he wasn't this morning when it was all kicking off

tell him/her to stop stuffing his/her face with donuts and get on the job

Regards

Columbo

Even Moderator 4 needs some quality time to themselves DD!!

:)

Ian

I could make a really filthy comment in reply to that

but i won't

suffice to say sounds like moderator4 needs a partner

;-)

I believe moderator69 is down for a while.

If they release a bullish interim this week then with the market in overdrive this will FLY

mm,

That's if the bounce lasts more than a couple of days!

Economic problems remain, Saddam, or no Saddam, so once the feelgood factor wears off, we'll be back to the reality of why the market was down in the first place, IMHO.

Could be an interesting week though!

So whoever said that the UVGI unit was not being sold but was only being leased was totally wrong.Taken from the interims today

UVGI

In November 2002, the Company announced the prototype of its new Nightingale
UVGI Air Treatment unit and a 55% joint venture, UVGI Systems Limited, to market
the product. In April 2003, the product won the coveted Air Movement Product of
The Year Award at the 2003 HVAC industry's H & V Awards.

During 2003 a second generation production model has been developed,
incorporating more powerful ultra violet lamps, revised filters and GSM remote
monitoring, and the accreditation test of the production model is being
undertaken now. Active marketing of the product to the hospital and medical
sector has started, but selling into the NHS is proving far more difficult and
protracted than anticipated.


The bad news in the interims was already known and factored into the price. We have some very positive and bullish comments in the interims which at 10p to buy make these a good hold for the medium term.

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.