1. 893
    Posts

    BQT closed friday at 19.5c

    BQT announced in its latest quarterly report...

    "As predicted in the Commentary to the June 2005 Quarter Report, sales invoiced increased

    significantly late in the Current Quarter and the cash receipts from customers will reflect these sales

    in the December 2005 Quarter Report."

    This alone is not much to go on,but i believe BQT has now ceased burning cash to the point it will be cash flow neutral or positive for the December quarter.

    And i still believe BQT have a little in the pipeline which could be a left field surprise.

    Many have heard of the FBI,NASA,Post Office deals etc.

    IF.......Genner is able to pull one of these off.

    BQT is away.

    Its no certainty.........but at 19.5c

    it could be worth re visiting.

    I just have a suspicion Genner has something!

    IMHO

  2. 109
    Posts

    < This alone is not much to go on, but i believe BQT has now ceased burning cash to the point it will be cash flow neutral or positive for the December quarter. >

    I agree, it tells us nothing ..... or, very little. Correct me if I have read it wrong .... but, they said in their june report, that sales would pick up in the september quarter and then reflect in the december figures??? And enought, (it seems), for you to even predict a "cashflow positive" situation, for the DECEMBER quarter ...... is what you believe???

    You had been asked previously, (elsewhere) would BQT be requiring more 'cash', now that the "company maker deal" with monoco seems to have been pushed in the background .... Your only answer was to reply, that BQT had already advised that they were, CASH FLOW POSITIVE ... Here was your reply ......

    ________________________

    Subject re: ..more cash needed????

    Posted 14/09/05 15:42 - 156 reads

    Posted by smuggler

    IP 220.253.xxx.xxx

    Post #718119 - in reply to msg. #718109 - splitview

    so the advice of BQT being cash flow positive has no impact on you?

    _________________________

    Can you explain to the board here as to who (from BQT) HAD advised that BQT was cash flow positive ??? - And when had they advised the market of this point you had made??? Your info (if you can provide us with it) will certainly have an "impact" on readers, but it does seem a little contradictory in relation to your december thoughts, as both BQT & you have posted ....

    Care to clear up your 14/09/05 post, thoughts??

    Thanks.

    :)

    LC

  3. 1.2k
    Posts

    Here we go again....Where is the TexasRanger?

  4. 893
    Posts

    i am thrilled you follow my posts so closely you save them.

    i never ever said BQT were cash flow positive.

    i thought that would be understood by anyone,clearly you are a special case.

    BQT said they would be.

  5. 109
    Posts

    < i never ever said BQT were cash flow positive. >

    I'LL LEAVE IT UP TO READERS TO JUDGE WHAT YOU SAID, OR, DIDN'T SAY.

    It now remains to be seen, if you are able to post the answer to my questions?? Here they are once more ...

    < Can you explain to the board here as to who (from BQT) HAD advised, that BQT was cash flow positive ???

    - And when had they advised the market of this point you had made??? >

    Waiting ...

    :)

    LC

  6. 109
    Posts

    Hi stockhopper ....

    I'll be talking with Tex through the week .... I'll certainly advise him of this excellent board here at TopStocks !!!

    Cheers!!

    :)

    LC

  7. 893
    Posts

    I said you were a special case.

    try and read ASX releases.....its an excellent place to start for company news.

    i am sure even the novice investor would look at company news......do you think it might be there?

    and its not for me to validate what BQT say.

    they are simply the facts.

    if you have an issue with what BQT say.....take it up with them.

    the board is not interested in your inability to read ASX releases.

  8. 109
    Posts

    So, the reality is, that BQT must now be taken, purely on trust ??

    That they stated they were 'cash flow positve', when they weren't??

    That, all the fuss they made about the ('company making' - your words) monoco deal, is now considered not even worthy of a place on their website??

    AND you are now posting that it could be "time to re-visit BQT" ?? - You posted....

    < And i still believe BQT have a little in the pipeline which could be a left field surprise.

    Many have heard of the FBI,NASA,Post Office deals etc.

    IF.......Genner is able to pull one of these off.

    BQT is away.

    Its no certainty.........but at 19.5c

    it could be worth re visiting. >

    smuggler ..... Are you for real??

    :)

    LC

  9. 893
    Posts

    It appears you are more then a special case.

    I am not sure if TS offer any remedial courses in reading BUT....

    "That they stated they were 'cash flow positve', when they weren't??"

    Perhaps you could show the forum where BQT said this?

    I have read every word of what BQT have released and BQT have never stated they were cash flow positive.

    Unless you can find this quote....i would expect you make the appropriate retraction.

    I think your lamguage and your "making up" of quotes is a little disconcerting for anyone reading this forum.

  10. 893
    Posts

    well you do try to tell them.

  11. 109
    Posts

    lol !!

    Is it ...... the FBI,NASA, or, a Post Office deal in Nigeria, etc. ??

    Sell it, is my opinion. Monoco ??

    LOL!!

    :)

    LC

  12. 686
    Posts

    Your timing is spot on ...hmmmmmm

  13. 31
    Posts

    I was just wondering if anyone could tell me what the announcement from BQT was about yesterday. I open it through ASX. Maybe a cut and paste would be better.

    Thanks

  14. 893
    Posts

    try the BQT site and sign up for their free email newsletter.

    can i ask if you cannot get news off the ASX...where do you get it from?

  15. 109
    Posts

    Here it is ..... Just a "re-hash" of a previous two announcements, I feel. A "claytons" announcement that sent the market in a frenzy.

    BQT closed DOWN 2.6% today @ .19cps after touching .1850cps.

    miPASS Reader technology selected for DCAC Project

    Announced by: BQT

    Announced on: 21/11/2005 10:46:06

    Words: 1295

    Status: Market sensitive (Y)

    View original PDF

    ASX Company

    Announcement

    Monday 21st November 2005

    BQT's miPASS Reader technology selected for Australian

    Defence Common Access Card pilot project.

    BQT Solutions specialists in High end security systems/applications including Contactless Smart Card technology, Biometric solutions, Encryption devices and Access control systems has recently been awarded the right to supply it's miPASS reader technology (based on Mifare platform) for the Defence Common Access Card (DCAC) pilot project in Canberra.

    The DCAC project is an initiative by the Department of Defence to upgrade and standardise nationally its ID card/Access card and reader technology to the secure and encrypted Mifare platform for physical access control into Defence sites across Australia.

    The DCAC is the Defence standard card for photo-ID and electronic access control card for physical access to Defence owned or leased buildings, bases and establishments. It will also be the Defence standard card for logical access to Defence information systems and networks.

    The rollout of the DCAC for physical access control will commence in the first quarter of 2006 for Defence staff at two Defence sites in the ACT. Other Defence ACT buildings, bases and establishments will follow during 2006.

    Gradual Australia-wide replacement of current Defence photo-ID and access cards and readers will continue through 2006 on a priority as required/as necessary basis. All new or replacement physical access control systems must use the DCAC as its physical access control card.

    After years of investigating by Defence and consultation as to which card technology they should adopt as their national ID/ Access control card, we are pleased that the Mifare technology was chosen as the new standard platform to bring uniformity throughout the country.

    BQT believes it was selected due to its experience of over 10 years in Mifare Smart card technology, security/access control applications and with the successful rollout of its technology over the last five years in other Defence related areas.

    The miPASS reader range is designed and manufactured in Australia and its level of flexibility delivers many options to Defence in the years to come.

    John Genner

    Managing Director

    Cheers !!

    :)

    LC

  16. 109
    Posts

    Time to revisit? - Yes, timing is everything & at times can .... well ...... ??

    PG reports (elsewhere) :

    < AGM held on the 23rd - sentiment from both management and investors was reasonably positive. A lot of the hype was pleasently missing although there was a general level of optimism - a number of positive comments and talk of being cash positive within Qtr 2 2006. >

    So ...

    < i believe BQT has now ceased burning cash to the point it will be cash flow neutral or positive for the December quarter. >

    Nevermind ..... We all have opinions & that's all they are ... And we all make mistakes ..... As can be shown........

    But I am most interested in your reply to a poster, (who felt that BQT would possibly need to raise capital), when you posted this reply to him, that there WAS advice ....."of BQT being cash flow positive" ..... WAS THIS SO??

    ________________________

    Subject re: ..more cash needed????

    Posted 14/09/05 15:42 - 156 reads

    Posted by smuggler

    IP 220.253.xxx.xxx

    Post #718119 - in reply to msg. #718109 - splitview

    so the advice of BQT being cash flow positive has no impact on you?

    ________________________

    Is it possible to explain where this advice (of BQT being cash flow positive) ever came from?

    I ask again, simply because you then changed your thoughts to december, in this recent post I am replying to..... Maybe you meant december 2006 ???

    That's a little conservative (2006) when it appears BQT (at the AGM) now talk of being cash positive within Qtr 2 2006

    I'd like you to clear this matter up with an honest reply, smuggler ... In the meantime, BQT will probably now 'drift' down to the .15cps - .16cps level, I do feel.

    Cheers !!

    :)

    LC

  17. 109
    Posts

    SMUGGLER ??

    More meetings today?? LOL !!

    I'm still waiting for your reply .... fair enough??

    < I'd like you to clear this matter up with an honest reply, from you smuggler ... In the meantime, BQT will probably now 'drift' down to the .15cps - .16cps level, I do feel.>

    A reminder that 'knuckles' makes a very good point when he says in a reply ON HC ...."This is "only" 30% of the company which is [in reality] a very, very big dilution for existing shareholders. ..."

    Watch for a stampede soon!!!

    But it gets worse now .... Yes, 0.12cps - 0.14cps following the close date of the SPP .....

    Sell on any artificial rise in the SP between now and the 29 December 2005 ?? I would !!

    Buy them back lower than the SPP offer.

    Cheers !!

    :)

    LC

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