Bioquell Plc. is a United Kingdom-based holding company. The Company is engaged in the design, manufacture and supply of bio-decontamination and containment equipment, related products and services to the healthcare, life sciences and defence industries, and testing, regulatory and compliance services to a range of companies, including those in the aerospace, telecoms and defence industries. The Company operates in two divisions: Bio-decontamination (BIO-DECON) and TRaC (testing, regulatory and compliance). Its bio-decontamination equipment is manufactured within the United Kingdom and sold into the United Kingdom, Europe and worldwide markets. The TRaC segment offers services from bases within the United Kingdom. Its wholly owned subsidiaries include BIOQUELL UK Limited, BIOQUELL Holding SAS, TRaC Global Ltd, EMC Projects Ltd, TRaC Telecoms & Radio Ltd, TRaC EMC & Safety Ltd, BIOQUELL Global Logistics (Ireland) Ltd and BIOQUELL Inc.
Numbers
Market Cap 45.5M GBP
Sales 41.4M GBP (increase from 15M 10Y ago, in fact sales are growing every year, only in 2006 it was 25M)
Quarterly Sales Growth 11%
EBITDA 7.6M GBP (all profitable EBIT since 2004, this is a profitable business)
Quarterly Earnings Growth 266%
Cash 5.9M GBP
LT Debt 1.4M GBP
Employees 387
Assets 35M GBP
Liabilities 12M GBP
Shares Outstanding 41,750,000 (very conservative increase in the last 10Y from 33,500,000, for a small company this is more than rare)
Float 34,600,000
Major Shareholders
TD Asset Management, Inc. 823K 1.73%
ODL Securities Ltd. 716K 1.72%
In the chart below you can see how stock (BQE) in London or (BIQLF.PK) on OTC Markets (same ordinary shares in US$, for liquidity you must convert the last price in London in GBP into US$ and enter a limit order) lost correlation with the market, as example I compare it with (IWM) or Russell 2000 where you can see a negative correlation. This stock will rise much more in the declining market than in a rising one, get ready.
Resume: With this stock at this price in this sector with no competition you can't lose. Excellent balance sheet with assets bigger than liabilities 3 times, no problem with debt, growing market share and sales, active in 4 industries Healthcare/Defence/Life Sciences/Food just look at their products & technology in a link below. Once you see it, you will know what you pay for. A one way bet, a WIN-WIN.
