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CAP Clean Air

0.62
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clean Air LSE:CAP London Ordinary Share BMG2287M1047 COM SHS USD0.001
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.62 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.62 GBX

Clean Air (CAP) Latest News

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Clean Air (CAP) Discussions and Chat

Clean Air Forums and Chat

Date Time Title Posts
05/9/201618:34Clean Air Power - 2015 and Beyond913
26/8/201506:16Clean Air Power Ltd2,865
10/8/201510:09CAP - Clean Air Products183
05/8/201509:00CAP - Clean Air Products Speculative punt from 0.2p to 1.2p80
04/8/201520:10CAP Traders Thread !!!!9

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Clean Air (CAP) Most Recent Trades

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Clean Air (CAP) Top Chat Posts

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Posted at 05/9/2016 18:34 by jainvic
Gave up on this a long time ago but got an alert from halifax today to say i have received £120.80 for my holding of 400,000 shares. This is meant to be a first and final liquidation payment which amounts to 0.0302p per share. Well i guess it is mildly better than a kick in the teeth....just....lol. Seriously did not think i was going to get anything from this mess and had actually forgotton all about them.
Posted at 24/3/2016 15:16 by ianous
I see CAP will receive a slice of 1.7million. Unfortunately a bit late for holders.
Posted at 12/8/2015 07:04 by kinbasket
Don't say you weren't warned...

kinbasket - 31 Jul 2015 - 14:53:13 - 109 of 845

Don't listen to the ramping twits. I doubt anyone is short here. There is no stock borrow available for micro caps like CAP.

Shareholders here are probably toast.

The company will become insolvent very shortly and despite the technology will end up suspended and in Administration. Any interested parties will buy the good bits back from the administrators.

There is no reason at all for anyone to step in at this stage and support CAP with cash or an offer despite the Technology. They can just wait and get whatever they want for nothing in a few weeks.

Seen it dozens of times on AIM
Posted at 04/8/2015 14:04 by theklf
This was just 2 years ago. Abramovich can buy the whole Company for pocket change now.

Successful Placing to raise £5 million


Clean Air Power (AIM: CAP), the developer and global leader in Dual-Fuel engine management software for heavy duty vehicles, is pleased to announce the placing of 51,948,000 new Common Shares at a placing price of 9.625 pence per share to raise approximately £5 million before expenses (the "Placing").

The Company is particularly pleased that two new strategic investors took part in the Placing; Ervington Investments Ltd ("Ervington"), whose ultimate beneficial owner is Roman Abramovich, and Ms Zara Shvidler. Together, these two investors committed to subscribe, if necessary, for the entire Placing which contributed significantly to the successful fundraising. As a result of significant institutional interest, the subscriptions of each of Ervington and Ms Shvidler were scaled back and they will each have an interest in approximately 1.5 per cent. of the enlarged share capital of the Company.

The net proceeds of the Placing will be used to strengthen the Group's balance sheet ahead of future partnerships, to supplement working capital and to support marketing and sales activities in Russia and the US. Russia is an increasingly important market for Clean Air Power with demand for natural gas vehicles expected to grow significantly as major Russian gas companies plan to invest heavily in expanding the gas refueling network.

In the US, Clean Air Power recently announced an agreement with an international parcel delivery company to install and trial 10 of its trucks with the Group's US version of its Dual-Fuel system. Commercial production of a US Genesis-EDGE product is expected to start in early 2014.
Posted at 03/8/2015 09:17 by colin12345678
i4investor
Posts: 199
Off Topic
Opinion: No Opinion
Price: 0.25
Analyse the RNS
Today 09:42
On 27th of July share price was above 1.10p and RNS was released on 28th of July, major part of the RNS which caused this massive drop is: "the Board can provide no assurance that significant value will be returned to shareholders".

The board did not say "poor or zero value"! They said, they cannot assure significant value from the share price of 1.10p or higher(sp was lot higher weeks ago).

So, I don't think we have anything to worry about until share price reach atleast 1p as deal will be done(if there is one) atleast above 1p according to the RNS. from this level Risk is 0% and reward 5 bagger plus
Posted at 03/8/2015 08:38 by colin12345678
i4investor
Posts: 192
Off Topic
Opinion: No Opinion
Price: 0.24
Risk vs Reward
Today 09:29
On 27th of July share price was above 1.10p and RNS was released on 28th of July, major part of the RNS which caused this massive drop is: "the Board can provide no assurance that significant value will be returned to shareholders".

The board did not say "poor or zero value"! They said, they cannot assure significant value from the share price of 1.10p or higher(sp was lot higher weeks ago).

So, I don't think we have anything to worry about until share price reach atleast 1p as deal will be done(if there is one) atleast above 1p according to the RNS. BUY and HOLD few days guys
Posted at 15/7/2015 15:32 by priceisright2
I'm happy. I said back in September this was an acquisition target by Westport, i still think that. Ricardo will want to be at the party, if this effects relations with the OEM then Ricardo will look bad. Delphi or Bosch might want a slice... Along with the Russians or Americans, i can see there being a lot of competition here.

The offer will not reflect the current market price, they will have insight into the global truck manufacturer, and all the other potentials.

Be nice to see the true value of Cap reflected in the share price.

how do you value this company, no debt, £68m tax shield, valuable patents stopped other entering markets, Major deals with unknown OEM ( way too price sensitive), $90m already invested, working with Volvo Russia, "game changing technology"

... Of course there will be expressions of interest, CAP could always go and get some debt from a bank - it's not about that - it's the consolidation of the industry and positioning themselves to grow the technology and opportunities the best they can - to do that requires a financial business partnership or buy-out, an opportunity to be part of something bigger.

Like i said before if somebody comes in and offers 10p+ (25m MCap) {that's peanuts for the type of companies we are thinking of} the major shareholders would be hard push not to say okay - would still be a steal at that price
Posted at 05/7/2015 18:50 by priceisright2
CAPS current major shareholders:

Octopus Investment: 25,563,617
Legal And General Group: 19,500,000
Hargreave Hale: 12,693,000
Hargreave Lansdown Asset Mgt: 15,166,624
Barclays Wealth: 12,458,612
Killik Asset Mgt: 11,876,445
Share Centre Investment Mgt: 11,462,167
TD Direct Investing: 10,993,943
Halifax Share Dealing: 10,504,523
Enertech Capital Partner: 8,752,546
Directors: 5,985,381
Options : 11,144,402

Total: 60.78% of share capital

Ricardo current major shareholders:

JP Morgan Asset Management: 4,944,611
Schroder Investment Mgt: 3,978,130
Standard Life Investments: 3,582,500
Delta Lloyd Asset Management: 3,506,071
Royal London Asset Managemen: 3,115,807
Baillie Gifford & Co Limited: 3,037,285
Lansdowne Partners: 2,653,755
Hargreave Hale: 2,453,984

Total: 42.58% of share capital
Posted at 04/7/2015 12:22 by priceisright2
Overview on current thinking - Please DYOR.

- i fundamentally believe that this "financial stability" is more than just Money, we have seen consolidation and partnerships occurring throughout the NGV industry. I would not be surprised if this is what we are seeing here, a financial partnership with somebody, the likeliest i see is: Ricardo, Delphi, Bosch, Westport, Woodward, or major OEM. It's more than money which is required here, it's further credibility, a financial business partnership that can be part of the success of "MicroPilot is an industry game-changer" and ability to open doors quickly and increase resource.

- a small company with limited resource may need further credibility from a major player, but CAP up to now has done incredibly well and worked with the biggest OEM in the market.

- the NGV market is growing and has hit a tipping point back in 2014 - the time is now for major players to want to take a slice of the action - CAP needs to make sure they don't give away the company at such low Market Cap. The partnership will be a liberty of the OEM and all the other work going on in the background which other investors will not. They will have a better understanding of the true value of CAP. Major developments in China, Japan and America on C02 reductions all point to policies of LNG.

- KPMG pulled in as financial adviser "KPMG Corporate Finance has been appointed to assist the Board in its review of the Group's strategic options" - this phrasing is very deliberate "Group's strategic options" not "short term financial options". We know Jonathan Boyers has won "deal Maker" of the year and his work mainly includes M&A, Angle investors, MBO and other financial restructuring. Panmure Gordon was their financial advisers - this requires specific advice.

- A MBO would not be on the cards, managers have already invested too much into CAP, 11m share options (John owns 3.7m shares plus 5m options), salary sacrifices.

- Why announce a separate RNS 3 days later on KPMG - surely they knew it was KPMG on the 23rd June

- No major sell off's from Major shareholders (£20,£30k sell offs) but share price tanked on few thousand

- A fundamental question in this process is "how do we value CAP", could range from current Market cap £3m to £100m+ if they get their technology on multiple OEM lines. $90m already invested. No debt. Big TAX shield. Valuable patents. Industry game changer. More than a concept. over Billion mile in use. currently working with Major global truck manufacturer in South east Asia and other markets. sights on second OEM for micro-pilot - probably America. exposure on multiple markets. only real dedicated dual fuel company.

- Market does not know who the South East Asia partner is. Ricardo will. that is extremely price sensitive information, and has been deliberately kept from the market.

- "The extension, which is being finalised" - should be additional money if task are outside the original scope. Management was very confident of progressing to stage 2.

- this is the next biggest strategic move in cap's story - it needs to be the right one. this is not simply a fundraising issue. They are finally going to choose who they want to get into bed with. Not simply a paper recognition or a friendly hand shake but going into financial partnership, sharing the risk, money where your mouth is business.

- too many opportunities with Volvo in Russia - Gazprom - be nice to see Abramovich join the party.
Posted at 24/6/2015 07:53 by priceisright2
Joe, I can't see a MBO personally - look at the wording "more comprehensive review of the Group's short-term options" short term not long term - BOD have 11m share options in the company they have brought in at every opportunity plus "salary sacrifices" and have already lost a lot of money with forfeiting shares and they wouldn't put "potential to deliver significant value" if they were plotting to buy the company- they have a lot of money at stake themselves - back in summer they only did a 1m fund raise, as they don't want to give away the company at 4p.

I have seen investors, invest in a idea brewed up in a pub and a hole in the ground - cap is not one of these types of companies - focus on the opportunities and potential that's what the major investors are focusing on and that's why your not seeing big £20k,30k sell off's - investors have already given $90m and major shareholders will not want to see their investment go down the pan over a few £m more to get this over the line.

funding was always required even if they announced phase two, just would have been nice to use phase 2 as leverage for a better deal. But it's only a delay, which is highly likely with OEM - still showing commitment, with the engine and they may get paid for the next 4-6 months if the work is outside the original scope. Gas testing.... we have engines all over the world running..usa, Europe, Australia, Russia - but that was with dual fuel - maybe the gas makeup might be more sensitive in a micropilot engine - never read that as a major issue only that volvo and cap require natural gas to be over 80% methane (or something like that - for dual fuel)

We know they are hiring over in America - fact. we know they have component orders that push on into next year - surely they would have had to satisfy that customer, that they would still be around.

Russia does seem to be picking up - even with expression of interest from Russia is positive for loaning money - the company has no debt, and a massive tax shield.

they have secured financing for past 25 years, they are the closest they have been to securing something really serious - ngv is developing year on year.

ultimately you have to ask yourself the question do you think this company will succeed or fail - do you see this as a great buying opportunity or not.

personally i am scratching around behind the sofa to try and find some more money, but that's me i have spent 1000's hours researching and i know the value of the company - he who dares win's - i think the share price will continue to drift until more news is announced or funding has been sorted and investors can see the next 12-18months finances secured.

remember they could just issue a load of shares at 1.5p they have plenty they can issue - look at the AGM meeting - but they don't want to give the company away, take a small lump of debt on - but i think the problem is the % is too high for them to justify it - so i'm guessing they are bring in financial advisers to secure the best possible deal for shareholders.
Clean Air share price data is direct from the London Stock Exchange

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