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Eneraqua Technologies – argues strong growth, but how confident to be in the order book for the near-term ahead really?

By Steve Moore | Tuesday 14 March 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on energy and water systems company Eneraqua Technologies (ETP), in October with the shares up to 300p I concluded ‘it’s material net cash generation I’ll continue to monitor for here and currently Avoid’. The shares most recently closed at 350p but are currently heading back towards 300p on the back of a “Year End Trading Update”.

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