04/07/2015 07:57:25 Cookie Policy Free Membership Login

Alkane Energy Share Chat - ALK

Share Name Share Symbol Market Type Share ISIN Share Description
Alkane Energy LSE:ALK London Ordinary Share GB0003286613 ORD 0.5P
  Price Change Price Change % Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00 +0.00% 22.75 22.50 23.00 22.75 22.75 22.75 114,869 07:35:49
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 16.0 3.2 2.6 8.9 36.90

Alkane Energy Share Discussion Threads

Showing 7275 to 7300 of 7300 messages
Chat Pages: 292  291  290  289  288  287  286  285  284  283  282  281  >>
Fair comment woolybanana & thanks for the link. The idealists vs the realists. Misinformation for private agenda is rife on AIM. From Interstellar trailer: "We're not meant to save the world, We're meant to leave it". ALK's CMM is considered green.marine boy
http://www.theguardian.com/environment/2015/jun/26/lancashire-county-council-rejects-cuadrilla-fracking-bid Thank you, Marine Boy. The article above suggests that reasons to reject fracking are being found. That neither ALK nor EDK frack is not relevant, it is the perception of what they do which matters; the market will judge them on that, not reality. Given the ability of Greenpeace and others to muddy the waters, any oil or gas extraction will be tarred with the fracking brush, in their bid to forward the green agenda. IMHOwoolybanana
Really woolybanana. I'm so glad you're not my counsel. You seem to have misinterpreted the advice note. (quote)"5. I am unaware of any objective evidence that can gainsay the above conclusions. While a refusal which is not backed by substantial objective evidence cannot be described as unlawful, it nonetheless can readily be described as unreasonable in planning terms. If a refusal based on DM2 (or any other generalised policy) were to be issued, it is highly likely that the Applicant will appeal. In the absence of clear evidence to gainsay the views of the various consultees (noted above) and the Case Officer, there is a high risk that a costs penalty will be imposed upon the Council. There is a further point. If a DM2 refusal is issued, the Case Officer cannot give evidence at any appeal, ie his position would be impossible. Moreover, I anticipate that it would be difficult, if not impossible, to find a reputable independent planning consultant to defend LCC’s position. The reality, therefore, is that a Member or Members will have to give evidence" (unquote) i.e. For LCC to refuse could be indefensible. My interpretation is that if LCC refuse, it would certainly go to appeal and costs are likely to be awarded against the council in favour of the appellant. Furthermore, ALK don't frack & EDR don't frack. EDR's share price is based on its conventional resources & potential Wressle discovery.marine boy
It seems that Landashire County Council have refused Quadrilla the right to frack; I wonder how this will affect Alkane indirectly or directly.woolybanana
At one stage today you could buy at 23.6p and sell at 23.63p!dan de lion
Waiting for OFGEMS findings. Should get a trading update in July which might give insight into the progress of the investigation.marine boy
a very frustrating hold heregucci
EDR up today to 16.625p, so ALK's holding now worth £6.65m.rivaldo
Yes. A break above the 25.5p level and I'll take some more.pj 1
I'm expecting a tick up on the bid tomorrow - buyers returning to this stock.marine boy
It would be worth a lot more than that if an offer is ever made for Egdon!dan de lion
EDR up to 15.75p. ALK's holding is now worth £6.3m.rivaldo
Fox You, I'm not sure what point you are trying to make. I'm in danger of posting on the wrong board here but EDR's shale assets are in addition to their conventional resources and were said, in a note by Edison, to add a value of 40p / share to EDRs valuation. Notwithstanding any potential shale assets, EDR's conventional Wressle field, should it prove bountiful, will add value to ALK's 18% holding of EDR. While this is all happening elswhere, AKL continue to be cash generative to the point where they have declared another dividend payable end of the month (now ex-divi). ALK have a number of projects in the pipeline for 2015 and the only thing holding this SP back is the OFGEM investigation into whether ALK & others have complied with Rule 5.13.1 (b) of the Capacity Market Rules. The Rule(s) in question: 5.13 Prohibition on other unreasonable business methods 5.13.1 The following activities are prohibited in relation to the Capacity Auction: (a) doing anything which would constitute a breach of any law intended to prohibit or restrict anti-competitive practices relevant to participation in the Capacity Auction; (b) submitting to the Delivery Body or the Authority any information in connection with the Capacity Auction which is false or misleading; ALK has responded in saying "Alkane does not believe it is in breach of the Capacity Market Rules and will fully cooperate with Ofgem’s investigation." If, like me, you have faith in the integrity, professionalism & capability of the management team, then ALK will come out smelling like roses. So let's not get too confused with fracking & ALK. ALK is not in the fracking business per se, but have an 18% holding in one that could but that is possibly going to hit upon a commercial conventional oil discovery in addition to their currently pumped sources.marine boy
EDR now up to 15.25p, and Cantor have a 39p target price. ALK's stake in EDR alone would be worth over £15m at that price.rivaldo
The OFGEM investigation is hanging over ALK. Once this clears and everything is seen as above board this should move up to reflect EDR's increased valuation. I still think it's a cheap way in to get EDR's value. As fracking is looking increasing likely with the current thinking away from wind farms, EDR's shale assets should begin to be reflected in ALKs SP. Also with the doubling of the carbon tax, more coal derived power stations will be forced off-line and CMM generation becomes a desired source of green energy. Gas evolved from fracking could also drive ALK's turbines & ALK has the technology to deploy its generators at fracking sites to power local communities. This is in addition to their conventional fast response generators powered by mains gas. This could really take off in an unexpected way.marine boy
That's weird, good news from EDR and ALK gets sold, with a TU just around the corner as well?dan de lion
EDR is rising today on yesterday's good news for the fracking industry, with approval for one of Cuadrilla's sites: Http://www.cityam.com/218017/frackers-rejoice-after-council-warms-shale If EDR recovers to say 20p it would be worth £8m to ALK.rivaldo
Yes, nice move up but to be fair - it was well overdue. I am assuming the sole driver is the value of Egdon? I also assume that the remaining 90% of the business is operating in a total media blackout as usual. I guess, "the only way is up" (- good name for a song one day...)roddyb
nice move up todaygucci
EDR continuing to climb - ALK's stake is now worth around £5.5m.rivaldo
Will we get a trading update on Monday 6th July(Monday 7th July last year). Edit:- Looks like the T20 brigade are taking a chance on the above!dan de lion
I see Egdon is roaring away today but we are silent? I am assuming our shares in Egdon will be seen as a positiveroddyb
Well exactly. They are putting off these smaller projects as they have a full pipeline of better ones.cyfran101
Well at 800kw(reduced from 2000kw) it is hardly a game changerdan de lion
Chat Pages: 292  291  290  289  288  287  286  285  284  283  282  281  >>

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 150704 07:57