Aggreko Share Discussion Threads

[walthera] 11/7/2011 14:31

Will AGK be called upon following the blast in Cyprus knocking out the main power station??

[bountyhunter] 11/7/2011 13:57

by my understanding only if you wish to receive the payout as capital rather than dividend income - your broker should be able to advise although probably too late to switch from the default action now;
a timetable is in the header

[bigtitt] 11/7/2011 12:33

Return of Cash: Results of Elections and Initial Purchase Offer

Does any one what this latest rns means in simple terms, as i have no brain cells left. do i need to do anything?

[bountyhunter] 07/7/2011 13:53

£20 exceeded today :)

[bountyhunter] 05/7/2011 09:56

bounced off 1997p a couple of times today - will we hit £20 later?

[bountyhunter] 30/6/2011 17:48

around the all-time high again today after another steady rise :)

[nellie1973] 24/6/2011 14:27

Broker upgrade-BUY-target 2506p

[bountyhunter] 22/6/2011 07:35

another contract win...

22(nd) June 2011

Aggreko plc

Aggreko signs 100 MW power and fuel supply contract in Tanzania

Aggreko plc, the world leader in the provision of temporary power and temperature control services, has signed a contract with the Tanzania Electric Supply Company (TANESCO) to supply 100 MW of emergency power for twelve months. The contract involves providing two 50 MW diesel-powered plants at Ubungo and Tegeta, as well as managing the fuel supply associated with the power generation. The estimated value of the power contract is $37 million; the pass-through fuel contract is similar to that currently operated by Aggreko in Uganda and in previous years in Sri Lanka, and involves managing the fuel supply to the power plants. The value of the fuel contract will depend on the monthly price of diesel, and the amount of power generated; Aggreko will charge a small fee for managing the fuel supply. The contract will become effective following the completion of a number of conditions precedent, including the delivery of bonds and guarantees customary for a contract of this type.

More than two-thirds of Tanzania's electricity is hydro-powered; the prolonged drought currently besetting East Africa has resulted in a significant reduction in the amount of electricity being generated by hydro plants. The reduced supply of electricity, combined with the rapid growth of the Tanzanian economy and consequent increase in demand for power, means that power rationing has become a regular event.

The addition of 100 MW of power will help stabilise the Tanzanian power supply and reduce load-shedding, and thereby support continued economic growth while TANESCO works to implement long-term solutions to improve power generation and distribution.

Rupert Soames, Chief Executive of Aggreko, said: "Having successfully delivered 40MW of emergency power between 2006 and 2008, we are delighted that, following a competitive tender process, we have once again been selected to be of service to Tanzania." The award of this contract will take Aggreko's order intake in the first six months of 2011 to at least 630MW.

[bountyhunter] 09/6/2011 19:27

and again :) £20 in sight

[bountyhunter] 07/6/2011 18:56

and again today :)

[bountyhunter] 06/6/2011 17:39

another new high today

[bountyhunter] 06/6/2011 07:39

Trading update announced by Aggreko is scheduled for Monday 20th June...

NOTICE OF PRE CLOSE TRADING UPDATE

"Aggreko plc, the world leader in the supply of temporary power and temperature control, will be announcing a trading update on Monday 20 June 2011 before entering a closed period in respect of its interim results for the six months to 30 June 2011."

[bountyhunter] 04/6/2011 11:09

...on Tuesday, temporary power group Aggreko offer trading update, Company has carved a niche in supplying power units to disaater hit areas as well as international sports events, is due to supply the 2012 London Olympics.

[bountyhunter] 04/6/2011 11:08

Tuesday 7 June: Aggreko is scheduled to issue a trading statement.

[bountyhunter] 04/6/2011 11:07

Bullish comments from Canaccord Genuity after a meeting with its management helped temporary power group Aggreko rise 15p to 1882p. The broker raised its target price to UKpound22 and says it has always believed the company has strong long-term growth prospects.

[bountyhunter] 31/5/2011 12:45

thanks eipgam,
aside from the newsflow from a technical viewpoint the Golden Cross here a few months back proved to be a good indicator

[eipgam] 31/5/2011 09:29

well done b/h... I'll console myself with the fact that I did well with my shares AND i left something in for the next man!

[bountyhunter] 27/5/2011 22:52

another new closing high today

[slogsweep] 16/5/2011 11:03

Why the 55p drop today? Is it to do with the split or just a coincidence and a further 55p will come off in June

[bountyhunter] 10/5/2011 07:33

Return of cash to shareholders and share consolidation:

Expected timetable of principal events: 2011
Latest time for receipt of election forms 1.00 pm on
/ TTE instructions for the B share choices 20 June
Latest time and date for the receipt of form 4.30 pm on
of proxy for the General Meeting 3 July
General Meeting 4.30 pm on
5 July
Record date for the share split and share 5.30 pm on
consolidation 8 July
Commencement in dealings in new ordinary 8.00 am on
shares 11 July
Single B share dividend declared and B shares 11 July
accepted for purchase
Cheques and share certificates despatched 19 July
and CREST accounts credited in respect of
cash payments

[bountyhunter] 04/5/2011 19:34

the Goden Cross is more obvious now...

[bountyhunter] 01/5/2011 11:41

a GC is formed when moving averages cross in an upwards direction; the lower crossing the higher - normally viewed as the 50 day crossing the 200 day - it's seen as a positive indicator in technical analysis