Market's view on Eneraqua Tech
Published on April 2024
- There is a prediction that the company is on a growth path, with expectations of large orders being filled later.
- Concerns are raised about the company’s financial mismanagement, specifically citing a £6m loss for the year and reduced revenue forecasts by 50% within six weeks.
- The company is perceived as consistently failing to meet expectations, with mentions of ignored shareholder communications and overall disappointment in management.
- Despite challenges, some watchers are optimistic, highlighting significant revenue growth over the past three years and a strong future order book.
- Speculation exists about potential takeover due to the company’s low share price and high growth potential.
- Discussions about the selling pressure from a major shareholder, suggesting they might sell off their remaining shares soon.
- The company’s financial results and forecasts are available through an online presentation, which includes a CEO and CFO discussion.
- Observations made on trading activities suggest a possible undervaluation of the company’s stock, with some watchers anticipating a price recovery.