Novera Energy Share Discussion Threads

[praipus] 01/4/2011 14:34

Taken the cash.

[praipus] 08/3/2010 10:55

£1m ...to £3m per M/W !!!

Glad I kept them so far.

[robson1974] 07/3/2010 00:01

no did not stay in, should have though, would have been worth it

[robson1974] 06/3/2010 23:53

you could not make it up...

NVE sell a brilliant pipeline of wind farm assets and Landfill Gas assets for about £1m / MW

and now we get press reports of Biffa selling just their Landfill Gas assets for £3m / MW

infuriating...

i hope EMI collapses and takes Guy Hands to hell

[praipus] 04/2/2010 11:38

robson1974 and anyone else staying on as a desenting shareholders?

[praipus] 04/2/2010 11:37

fl4andrs: Who is your broker?

PS sorry for not posting again sooner.

[fl4nders] 20/1/2010 18:20

Thankyou Praipus - I have been in touch with both Novera and Infinis who both say I can still sell the shares at the 77p offer price. However the forms on their website are for shareholders with certificates. I contacted my broker and they said they couldnt sell the shares as they had been delisted!! So now I dont know what to do.
It seems it is possible to sell the shares but no-one is actually telling me how to go about it.

[robson1974] 18/1/2010 12:34

or see the example of TCY Telecity got taken over by 3i in 2003 ish and then came back to the market in 2008 and has done very well for those who held their nerve and stayed on as minority shareholders

[praipus] 18/1/2010 12:31

Re: "dissenters register"



"Sometimes a company gets taken over and the shares become 'unconditional', which means the company gets most of the shares and the only thing for most shareholders to do is to sell. If they don't, their names go on to a dissenters' register, where they stay for 12 years.


It is often the case that those names on dissenters' registers belong to people who have lost track of their shares, but it is still possible to claim the money. If you do so within the 12 years, the registrar employed by the company will handle the transaction.


After 12 years have passed, the money is transferred to the Accountant General of the Supreme Court. Anybody who thinks they are owed money not claimed before the 12-year cut off can make an application to this body. However, as far as dividends are concerned, any payments not claimed are lost for ever after 12 years."

[praipus] 18/1/2010 12:18

fl4nders you should be ok the registrars tell me the offer is still open.

Also if there is enough of us who do not wish to sell companies usually set up a dissenters register.

Though this is not mandatory and you could loose all your money but that can happen with shares anyway.

[fl4nders] 17/1/2010 09:07

I didnt sell my NVE shares in time have I now lost all of my money. I was in profit with them too :-(

[sbs] 15/12/2009 22:09

AIM listing being cancelled soon.

Only a few more % needed and they can force compulsory sales of the remainder.

[dawsonpaul] 12/12/2009 22:14

How is the ford?

[praipus] 02/12/2009 11:00

Come on International Power put a cash and or shares offer in so we can enjoy the potential here as well.

Some say the climate change issue is twice as bad as expected.

For me selling today for cash (worthless and no interest or dividend) a few months in to the worst crash since 1929 seems ludicrous should'nt we wait for a higher offer or until we are officially in growth mode again?

[sbs] 25/11/2009 12:28

They'll have a pretty big minority shareholder if they aren't!

[monkeywrench] 25/11/2009 10:37

I reckon the Novera boys will now be tempted.

[a0148009] 25/11/2009 08:51

I would like NVE to squeeze more out of them, this is a bigger, stronger Company than it was when they bid 90p.


AO

[sbs] 25/11/2009 08:29

New high bid - congrats to everyone who held.

[sbs] 19/11/2009 12:08

Yes - but they are not being very enthusiastic either. The price has been sliding since the bid was announced.

If they do up the bid, it might only be +3.5p to 68p, so people who have been waiting can justify having held off. If they don't bid, we could drop 17p to 48.5p before picking up again.

As I mentioned, I sold out at around 67p, but would buy back in if the bid failed and the price dropped.

[monkeywrench] 19/11/2009 12:03

sbs, L&G, F&C and Bank of Canada appear to think there'll be a bidding war.

[sbs] 08/11/2009 15:20

The issue to me is: fast lane - higher cash offer to win the bid; or slow lane - bid fails, lower price short term and DIY progress.

[rlindsey2] 08/11/2009 11:51

I think buffett just goes for shares that meet his needs that he looks for in a business whether its new or old.
But i am new to this share and have done a lot of reading up and i was just wondering, this company seems to be good at getting its sites up but never seems to get the amount of wind turbines it first states. Is this and plus the money situation the main reason this company is going to take a long time to get going?

[sbs] 06/11/2009 20:16

Yes - I'm sure that will pay of handsomely in the long term, particularly if he is spending USD on the wind assets.

[julcester] 06/11/2009 19:12

Buffet has stated thast he will be buying up to $1bn of wind assets. He is very keen on wind.