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CCE Camco Clean

6.75
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Camco Clean LSE:CCE London Ordinary Share GB00B11FB960 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.75 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Camco Clean Share Discussion Threads

Showing 19376 to 19400 of 19425 messages
Chat Pages: 777  776  775  774  773  772  771  770  769  768  767  766  Older
DateSubjectAuthorDiscuss
19/11/2015
10:05
troutisout REDT have already had a trial unit running in Evora.....do some homework on EDP.pt......they are huge on renewable,s.... the EVORA unit has been running for a couple of years and EVORA is EDP,s center for smart grid trials.... so the test phase is already over....the 19 units are just to show prospective clients..... when A client says can I see a working unit, they do not want to travel half way round the world, so it is easier if you have a unit within a 1000 or 2000 miles.....
dlg3
19/11/2015
09:57
2016 will be REDT,s year.... DYOR
dlg3
19/11/2015
09:55
There is reference to REDT receiving over 5000 people showing intrest ....that will do for starters!!! 10% success rate 500 orders...
dlg3
19/11/2015
09:52
hence all the clean air acts and carbon emission reductions...now is the time for clean energy and the only way to make renewable,s pay.... is energy storage, this will be a huge growth industry, just the same way it was for Pace back in 2000.....Redt are well placed to benefit from this....that is why Jabil grabbed the chance to partner REDT, remember Jabil approached REDT, not REDT going with the begging bowl....
dlg3
19/11/2015
09:48
troutisout yes dotcom a little bit, but now is the age of energy storage, just the same!!!! sky,s the limit.....
dlg3
19/11/2015
09:40
It also had some dotcom madness boosting it along the way, however if 2016 is going to be as transformational as Raymond Greaves keeps suggesting, then this level could be the start of the breakout.
It will all come down to a process and there is still lots to achieve, but the name change will require marketing and we know they have many pilot units where we still don't know the destination and will they start to take any actual orders soon.

I think it will be a while before we see large block orders (the pilots will need to prove themselves) but we may well see some more smaller orders being put in. The last RNS mentioned 19 pilot units and I wonder if some of these new ones (previously always mentioned 12) are the new Gen2 units they have been developing?

troutisout
19/11/2015
09:09
I know the chart says around £12.5, but it actually peaked to £13...odd..
dlg3
19/11/2015
09:08
troutisout thats what I was thinking, this could go the same way as pace did in 2000, 20p to over £13....within 3 years..
dlg3
19/11/2015
08:53
Well the online limits have changed dramatically, mainly down to the 100k and 300k buys yesterday and another 100k this morning (Looks like the last of the 6.345p shares have gone).

With the name change meeting less than a week away and the position on the charts where we have broken out of the long term resistance downtrend and come back and retested it twice, any rise from here could be quite big.
So here we go back to next week's meeting, if you changed the name of your company, what would you want to do to announce that to the world? I would start to announce more pilot projects and really market the company with it's new name. Would this be enough to give us the momentum for a good rise?

Looks like some are betting on it.

Trout.

troutisout
18/11/2015
09:42
The online bid has been ridiculous since yesterday, at the moment you can only sell a total of 1,500 shares online with Barclays....

Don't see why they don't just lower the bid?

troutisout
18/11/2015
09:24
SNAP!

All yesterdays missing news, to-day.

gerryjames
18/11/2015
09:14
75,000 sold below the bid - someone is keen to leave.
folderboy
18/11/2015
07:42
Great article I rest my case !!!
parsons
17/11/2015
21:34
Extract:

"In a note following that transaction, finncap analyst, Raymond Greaves, said: “We remain enthusiastic about the potential for the RedT energy storage system and, coupled with all the progress made by Jabil this year, believe that 2016 could be transformational for Camco and RedT.”"





Camco exits US biogas in a deal that could net it US$5.6mln

15:21 17 Nov 2015

Article follows......

tullynessle
17/11/2015
21:08
This is the list of summary results from the DVLA publication: “ At the end of 2012 there were 34.5 million vehicles licensed for use on the roads in Great Britain, of which 28.7 million (83 per cent) were cars.

Flow battery's are the only way, take out and replace the electrolyte!!!

Can you imagine trying to recharge over 10,000 cars a day at a busy service station..... impossible !!!!!

Flow battery's are the only way, take out and replace the electrolyte!!!

dlg3
17/11/2015
20:57
tully any thoughts... manufacturers starting to look at flow batterys!!!


The Transaction is being effected through the acquisition of a 5.25% minority stake in an intermediate holding company of REDH, Re-Fuel Technology Limited, of which the Company already has an interest of 86.61%. Post completion of the Transaction, the Company will have an interest in Re-Fuel Technology Limited of 91.86%.

Flow batteries have a unique capability; rapid and safe recharge of electric vehicles (EV’s) by electrolyte exchange. This is seen as the most efficient, practical route for bringing renewable energy (RE) to transport; ‘well to wheel’ efficiency is more than four times better than Hydrogen and because the ‘electric fuel’ is recycled continually, operating costs can equal conventional diesel fuelled vehicles. 24 hour vehicle availability can overcome the energy and power limitations of flow batteries.

New proprietary refueling technology described in this paper, will initially be used in the urban environment where zero emission vehicles are essential and later, with improvements in ‘electric fuel’ energy and power density, to the wider 50m global vehicle fleet where the market demand for automotive electric drive systems is now expected to exceed $25Bn by 2020.

dlg3
17/11/2015
11:39
as expected but price was a positive surprise
the stigologist
17/11/2015
11:28
Yes, exactly. Good post Trout
littlepop
17/11/2015
11:26
I think this is a great RNS and I have faith in the management and the main product. I have put my money where my mouth is and made this one of my biggest investments. Good luck all holders it is nice to see a management team actually daring to change the company in a big way to move with the times !!!
parsons
17/11/2015
10:23
Monty and there I was thinking your biggest gripe was Stig trades this.

Yes an impressive package, made up by a lot of incentive plan payments, you may note they both didn't take 5% pension payments which were part of their package for both 2013 and 2014.

Now I don't know the ins and outs of what the incentive payment structure was, but this is one of very few companies that made it to the other side of the carbon credit crisis and they have steered us out of all our obligations and managed to keep enough in the tank with other parts of the Company to keep us going. So as a shareholder I am happy to see them rewarded for keeping this Company going, as I said many others collapsed under their liabilities.

Steering the company out of the brown stuff can be much harder work than steering a company in good times, this is what fundamentally has kept CCE going and the plans/vision of getting REDT to fruition. Without that we wouldn't be here today.

As for the REDT vision, the Company have been very clear with shareholders about what they wanted to do and I am glad to see it happening. Yes there have been delays on getting the pilot units out, but no point on rushing out a product prematurely. It has to be right!

Today's RNS isn't really a surprise as they mentioned it in the Interims and it's absence from recent EGM RNS was picked up as a sign it was going to be sold off.
What is good is it will generate some revenue from the sale and also clears all of the associated debt from our balance sheet. If you look back over the figures for these two, you will see the deal looks a good one.

There seems to still be the residual carbon offset business, they were working on new plants and also we have sold the offsets due up to 2020, is there any value for the time period beyond that?

Yet another piece in the jigsaw put in place and some more cash into the kitty, with an associated reduction in operating costs.

I cannot see them going through all this if they weren't positive about future sales of the REDT system.

I think the BoD have given us plenty of guidance of their plans and are living up to those and these deals, roll in of REDT interests, name change and siting of pilot units are proof of that.

troutisout
17/11/2015
08:51
Good point Monty!

I see this now as a one shot punt on a battery technology with an African marketing department tacked on.

The underlying battery technology is decades old (as for most battery designs) but with some new updated electronic twists to make it more versatile and longer lasting.

Will it sell?

If it does we might see the share price rise - if it doesn't sell soon this share is worth zilch. Not long to find out now.

illiswilgig
17/11/2015
07:38
At least it will keep the lights on for about another 7 months. My biggest gripe here is the 2 executive directors paid themselves a total of €856,000 last year...and how much revenue does REDT generate?!
monty panesar
17/11/2015
07:27
Thanks. RNS not showing on ADVFN monitor - common problem or just mine?
folderboy
17/11/2015
07:26
Thanks Sygvard, ADVFN on the ball as usual.RNS17 November 2015Camco Clean Energy plcProposed Sale of US Biogas AssetsThe board of Camco Clean Energy plc ("Camco" or the "Company") is pleased to announce that it has reached a conditional agreement to sell its US biogas assets for an initial consideration of $4.6m and up to an additional $1.0m of deferred consideration dependent on the fulfilment of certain conditions ("Transaction"). Background to the TransactionOn 30 September 2015 the Company announced that following completion of the roll-in of the minority interests in Renewable Energy Dynamics Holdings Limited, its RedT Energy Storage business would become the primary focus for Camco. It also announced that it would continue with its Africa Fund Advisory business and was continuing to progress the ongoing strategic review of its remaining US activities. Through the strategic review, the board has concluded that it is in the best interests of the Company to pursue the Transaction so as to provide additional resource to enable further investment in the RedT Energy Storage. Following completion of the Transaction, the Company will have materially enhanced resources and will have a debt free balance sheet. Principal Terms of the TransactionUnder the terms of the Transaction, the Company has conditionally agreed to sell its entire interests in AG Power Jerome, LLC (which owns the Jerome biogas facility) and AG Power DCD LLC (which owns the Twin Falls facility), to Clean Power Holdings LLC, a Delaware incorporated business focused on developing, owning and operating anaerobic digestion biogas assets in the US for initial consideration of $18.9m less associated debt of approximately $14.3m. Initial consideration, after taking account of the related debt, is therefore $4.6m of which $2.0m will be settled in cash on completion and the remaining $2.6m to be settled in cash within 12 months from the date of completion. In addition, the Company may receive up to an additional $1.0m in cash in deferred consideration dependant on the performance of AG Power Jerome, LLC in the period to 31 December 2016 and up to 2 years from the date of completion payable in 2 equal instalments. As part of the Transaction Camco will sign long term service agreements to continue to manage the operations of the Jerome and DCD facilities on behalf of Clean Power Holdings LLC to assist them with their expansion efforts in the United States in anaerobic digestion investments. The revenues from such service agreements will be absorbed by the cost of Camco's US based employees who are being retained by Camco under the terms of the Transaction. Accordingly the Directors do not believe there will be any incremental impact on Camco's future earnings from the service agreements or the retention of Camco's US based biogas related employees. Completion of the Transaction is conditional on the receipt of various approvals for the change of control of AG Power Jerome, LLC and AG Power DCD, LLC and there being no material adverse change to the date of completion. Completion is expected to occur before 31 December 2015. Further information of the US Biogas AssetsAs at 31 December 2014, AG Power Jerome, LLC and AG Power DCD, LLC together had net assets of $2.8m (approximately €2.3m) and in the year to 31 December 2014 generated a profit before tax of $0.1m (approximately €0.1m). Camco has owned and operated the Jerome Facility since commissioning in July 2012. The facility is situated on a dairy farm in Idaho. Camco acquired the Twin Falls Facility in December 2013 which is situated within 30 miles of the Jerome Facility. Both facilities are designed to significantly reduce the cost otherwise incurred in dealing with the vast amounts of cow manure generated and reduce emissions for the dairy owner. Scott McGregor, CEO of Camco, said: "This transaction completes the restructure of Camco enabling us to focus entirely on the commercialisation of our REDT energy storage technology. The sale provides us with capital to expand delivery of our product to market." Enquiries: Camco Clean Energy+44 (0)207 121 6100Scott McGregor, Chief Executive OfficerJonathan Marren, Chief Financial OfficerfinnCap Ltd (Nominated Adviser and Broker)+44 (0)207 220 0500Julian Blunt (Corporate Finance) Tony Quirke (Corporate Broking)Newgate (Financial PR)Tim ThompsonHelena BogleEd Treadwell+44 (0)207 653 9850 About Camco Clean Energy Camco Clean Energy plc (AIM: CCE) is a clean energy development company which combines technical and commercial expertise to finance, develop and operate renewable energy projects and storage technology. With 25 years' experience and an outstanding track record throughout Asia, North America, Africa and Europe, Camco works with local developers, governments, development banks, and private investors to implement clean energy projects, policies, and technologies and to reduce emissions. In the last year, Camco has brought an advanced energy storage technology to market (REDT energy), secured an investment advisory fund mandate for African renewables, and developed utility scale biogas plants in the US. About REDT REDT has developed a new and proprietary energy storage technology which enables the efficient and sustainable storage of electrical energy in liquid form. The multi-valent properties of the Vanadium Redox electrolyte are used to provide a storage medium of virtually unlimited life with a system able to last more than 10,000 deep charge/discharge cycles. Combined with its very low maintenance requirements, REDT systems are able to deliver some of the lowest Total Cost of Ownership (TCO) results in the industry. Long discharge durations are achieved by the simple addition of extra electrolyte capacity at a relatively low marginal cost. Until now it has not been possible to directly compare variable RE generation with firm diesel or fossil fuel generation. PV + Storage is now reaching 'grid parity' in many countries, a paradigm shift in energy production, which will ultimately enable the complete displacement of conventional fossil fuel power with renewable generation. The REDT system has applications in remote power, smart grids, power quality, and all aspects of renewable energy management. This information is provided by RNSThe company news service from the London Stock Exchange END MSCUNVNRVBAAAAA
skippybragagnolo
17/11/2015
07:13
Good news!



" Following completion of the Transaction, the Company will have materially enhanced resources and will have a debt free balance sheet. "

sygvard
Chat Pages: 777  776  775  774  773  772  771  770  769  768  767  766  Older

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