Aggreko Share Discussion Threads

[yoyoy] 30/4/2011 12:24

whats a golden cross and why is it important?

[bountyhunter] 30/4/2011 09:03

Golden Cross...

[bountyhunter] 27/4/2011 16:48

good luck, I'm staying in as I believe that the growth story will continue here;

re DIA that's really rocketed; there are a few foreign competitors

[eipgam] 27/4/2011 15:33

b/h... I'm out now. May come back but have seen so many shares behave strongly aster good results and then fade away somewhat. Thanks for setting up the bb, it has been of some assistance.

That LED co looks good. Are there any others in the same market..?

[markt] 27/4/2011 15:19

"Local business revenues in the first quarter in constant currency were at similar levels to the prior year, but grew 18% on an underlying basis (i.e. in constant currency and excluding the revenues generated from the major events noted above). "

Can anyone understand or explain this !


local business was "similar levels to the prior year" and "grew 18%" !!

It was level or it grew ??!!

[bountyhunter] 27/4/2011 13:32

cheers, and to you

[eipgam] 27/4/2011 13:27

Yes... very tough! Good luck to you...

[bountyhunter] 27/4/2011 13:15

It is a tough call eipgam with such a successful company as AGK with the share price now entering new territory, but I for will will be holding having sold out far too early in the past both with AGK (then re-entered at a much higher level) and also with another very successful growth company (DIA).

[eipgam] 27/4/2011 12:50

Thanks B/h...

But honestly, I'm not sure what to do now... bought at £3.14 in 01, sold half(wit!!) at £7.93 in 09. Stay here for more growth? I don't need the money at the mo, and I would probably swap horses to a duffer (I've done it before!!). Hmmm...

[bountyhunter] 27/4/2011 12:41

being a growth company profits are largely reinvested to underpin continued growth and the current dividend PS Growth Rate of 50.00% is pretty good

[eipgam] 27/4/2011 12:26

Very good... although it's a pity the divi wasn't a bit more

[bountyhunter] 27/4/2011 10:13

"Investors were pleased by the company's interim management statement and Aggreko lead Wednesday's risers on the benchmark FTSE 100 index. At 0748, its shares traded up 4.2% at 1782 pence, valuing the company at just over GBP4.8 billion. The stock has now gained 18% in value since the start of the year and has increased 43% in value over the past 12 months.

Analysts were also receptive to the release, with Singer Capital Markets saying Aggreko 'is a quality company that is worth paying up for,' and John Lawson at Investec Securities adding the company continued to perform extremely well. He flagged an increase in his target price to at least 1900 pence, from 1820 pence."

[bountyhunter] 27/4/2011 08:06

Aggreko Sees Strong Start To Year, Expects Increase In Profit

[bountyhunter] 26/4/2011 21:16

and the Golden Cross almost there if not there already...

(looks to have just crossed to me but you do need pretty good eyesight atm!)

[bountyhunter] 26/4/2011 21:09

closed above £17, looking at the chart that's great news and also a new all time closing high :~)

[eipgam] 26/4/2011 15:19

The market thinks tomorrows IMS will be good....

[bountyhunter] 22/4/2011 08:45

heading for a Golden Cross? ...



note the high volume immediately after the Great East Japan Earthquake

[eipgam] 07/4/2011 21:36

A further spike on more unfortunate news from Japan.

[bountyhunter] 07/4/2011 07:41

Tuesday tips round-up: Aggreko, Cranswick, GlaxoSmithKline

Tue 05 Apr 2011

LONDON (SHARECAST) - Temporary power provider Aggreko's shares rallied yesterday as the market welcomed the news that the company is to supply power to Japan to make up for some of the shortfall from the nuclear plants crippled by the disaster. To be sure, there have been questions from analysts about the impact from the upheavals in the Middle East. But with so many growth opportunities, Aggreko still has plenty of potential headroom, says the Independent, which recommends buying the shares.

[bountyhunter] 06/4/2011 07:21

good point re end of tax year - I've sold a few (aim) stocks myself recently for that reason; new tax year starting today of course

[jodi17qad] 06/4/2011 07:05

Whilst I am inclined to agree with you regarding AGK, I do not think that NBI is a very good comparator. The company is an AIM stock and the share price seems quite volatile.

It will be interesting to see how the share price of AGK performs today. Yesterday's fall may be explained by end of year tax induced selling and some retracement of the sharp rise the previous day.

Overall, I have been somewhat disappointed by the share price performance of late.

[bountyhunter] 05/4/2011 13:57

presumably you don't hold? are you looking for a cheaper entry point?
With the Olympics next year and continuing contract wins/extensions the future looks bright to me despite the already flagged lack of major sporting events just affecting this year. This is a growth company and as such a 2.5% return is not bad and beats most savings accounts with the prospects of further growth ahead from 2012 with the London Olympics and other deals.

[markt] 05/4/2011 13:23

.....the accounts said that they expected this year to be flat.....that past year was fabulous....3 major events incl. the world cup that Aggreko supplied...
and hence as a result the special divi...

Japan deal is less than 10% of the International Fleet Capacity which produces less than half of profits.

If Aggreko produces EPS of 80p again , even if add 1-10% for Japan, then price of 16 quid does not stack up imho

if pay 1/2 of EPS as divi in normal years, 40p..it is only 2.5% return...and little EPS growth expected....

(there are other companies out with similar expected growth for this fin. year but that pay 5% and are P/Es of around 10-13, much better value/investments imho

looks overpriced to me...as the trend down shows after the peak a few months ago at around 16-17 pounds.....
and now it has stopped so far at around 17 quid....a ceiling ?

alternatively you could buy NBI for a P/E of around 8.3, predicted EPS of 27p

Either NBI is too cheap or AGK is too expensive....I think both are true.

(and shorters drove the price down this morning and yesterday from the double top.....if they see the chance and there is no buying support I think they will do it again...and at around 16-17 quid I don't think that strong support will be there (if it was a P/E of 8 then yes strong support would be there)

Any views ?

[bountyhunter] 05/4/2011 10:12

Investment Column: Aggreko has some powerful attractions

Edited by Nikhil Kumar

Tuesday, 5 April 2011

Aggreko

Our view: buy

Share price: 1,678p (+84p)

The earthquake and tsunami in Japan were so horrific it feels wrong even to recognise that there may be beneficiaries. But as life goes on, and the recovery swings into action, beneficiaries there will be.

One such is Aggreko. The temporary power provider's shares rallied yesterday as the market welcomed the news that the company is to supply power to Japan to make up for some of the shortfall from the nuclear plants crippled by the disaster.

Under the deal with the Tokyo Electric Power Company (Tepco) – which faces criticism over radiation leakage from the worst-hit nuclear facility at Fukushima Daiichi – Aggreko will install gas and diesel-fired power plants in the Tokyo Bay area to supply 200 megawatts of power.

"Within a few days of the disaster, Aggreko entered into discussions with Tepco to bring additional power to the grid," Rupert Soames, the Aggreko chief executive, said yesterday. "Aggreko is pleased it is able to be of assistance to the country at this very difficult time."

The group is already on a roll. Its shares have rocketed by more than a third over the past 12 months. And Aggreko's Japanese contract win comes hot on the heels of full-year financial results showing revenues up by 17 per cent and profits up a quarter – funding a 50 per cent dividend rise and an extra £150m return of capital.

The only slight drag is that 2010 saw a whopping £87m boost from power supply contracts for no less than three major sporting events, the World Cup, the Winter Olympics and the Asian Games, which will make the comparators tougher this year. But leaving that aside, Aggreko still expects similar trading profits throughout 2011. Moreover, the London Olympics power supply contract kicks in next year.

To be sure, there have been questions from analysts about the impact from the upheavals in the Middle East. But with so many growth opportunities, Aggreko still has plenty of potential headroom.