Econergy Share Discussion Threads

[dewi141] 10/6/2008 17:31

hi gdp2
i have not received anything yet from my broker, and so i just want to check you did mean november, and if so, is there ny indication why its so far in teh future?

Also, i thought you were going to take up the TRE offer, any reasons why you have decided to jsut sell out?

cheers

[gdp2] 09/6/2008 16:48

Not enough shares to block a Suez bid at least. Had the corporate action notification from my broker today, deadline being the 9th of November. Thinking of waiting for Suez to show their hand, but if they dont then I will sell before the deadline

[asparks] 06/6/2008 15:38

RNS Number : 1958W
Trading Emissions PLC
06 June 2008




Trading Emissions plc
("Trading Emissions" or the "Company")
Rule 8.4

On 4 June 2008, Moore Macro Fund, LP c/o Moore Europe Capital Management ("Moore")
acquired 595,000 Econergy International plc ("Econergy") ordinary shares of 1 penny each.

Prior to this sale, Moore had held 3,705,000 shares in Econergy all of which were
subject to the irrevocable undertaking entered into between Moore, Trading
Emissions and Cenkos Securities plc, as previously disclosed in the Rule 2.5
announcement of 15 May 2008.

Moore now holds 4,300,000 shares (4.94%) of Econergy all of which remain subject
to the irrevocable undertaking.

Enquiries
EEA Fund Management Limited [phone]
Simon Shaw, Investment Advisor to Trading Emissions
Cenkos Securities plc [phone]
Nominated Adviser and Joint Broker
Ivonne Cantu / Liz Bowman


This information is provided by RNS
The company news service from the London Stock Exchange

[gdp2] 03/6/2008 22:32

Great news, a counterbid is just what ECG needs. Suez will guarantee that negotiations are protracted with TRE etc and in concluding any sale which hopefully will occur after ECG confirms operations at Bereberie and Areia Branca, thus adding value to by reducing investment risk to ECG's business. Good luck to all holders, hold for 50p - 60p!

[bobdouthwaite] 03/6/2008 18:01

As one of the few on this board I'm sorry to see you go David...it's just getting interesting!

[asparks] 03/6/2008 17:27

this will rise dramtically tomorrow IMO

[david77] 03/6/2008 17:22

Didn't take long for another bid after my sale :-(

[asparks] 02/6/2008 15:24

massive trades today

RNS pending

[david77] 29/5/2008 13:06

Thanks GDP2.

[gdp2] 29/5/2008 11:25

Assume TRE. One more project at least will come online before ECG is delisted, I'd say its probably best to sit and wait and see Tchenguiz's hand, only imo of course

[david77] 29/5/2008 11:16

Numis keep buying - who are they acting for? I can use the money if I sell @ 30p - but what are the chances of a better offer?

[david77] 23/5/2008 18:31

I haven't sold any in the hope that we will get a better offer.

[gdp2] 23/5/2008 17:27

SP keeps ticking up very slowly, anyone else think a Counter-Bid could be a possibility?

[gdp2] 20/5/2008 13:42

Cambria
300'000'000 cubic feet p.a
50% Ownerhsip = 150'000'000 cubic feet p.a
$11 per mcf = $11 per 1'000 cubic feet
150'000'000 / 1'000 = 150'000 mcf
150'000 x $11 = $1,650,000 p.a revenue, excluding revenue from VER's generated

[gdp2] 20/5/2008 13:20

And its my belief that Areia Branca and Bereberie will be fully operational and revenue generating by the time the takeover is concluded and heavily contributing to that $50million Dollar a year revenue I forecasted from the end of 09. I am verging on David's opinion here now after this news that we have been sold short.

[gdp2] 20/5/2008 13:18

The Impact of ECG's operations on a Company which is worth £377 million will be considerably less than if ECG was going to continue as a lone entity worth £30 million no?

[asparks] 20/5/2008 13:09

why will you be cringing - you will hold TRE shares so will still benefit

[gdp2] 20/5/2008 13:01

yes good news but no reaction in the share price Takeover looks set. Will be cringing when they announce Areia Branca and Bereberie Operational in the next few months.

[david77] 20/5/2008 08:59

Project now working - should produce a few bob income - probably not much in the scheme of things - but good to see some progress

[gdp2] 18/5/2008 22:05

REH is a similar price/player but has a 120million Euro loan facility and cash pile of £12million, just a thought. ECG better value though IMO

[david77] 18/5/2008 20:06

I'll wait and see if any better offer emerges but may take the cash alternative if the TRE share price is no higher than it closed on Friday (133/133.5). There are lots of bargains around which I would prefer to buy.

[gdp2] 18/5/2008 19:50

Lol looks like they didnt want to answer much there.
ECG has always planned to trade VER's and Carbon Credits when its projects are vetted by the EU David, Standalone unfortunately ECG has very little hope without a serious fundraising exercise which would possibly cause a shareholder rebellion by those in favour of the deal with TRE and not the dilution of shares they bought at much higher prices but I do understand your point

[david77] 18/5/2008 16:28

I emailed [e-mail] today

Hello

My wife and I have over 130,000 shares between us and are disappointed with the current offer for the company.

Is it possible to organise a shareholder meeting in London or a conference call where shareholders could ask questions about the company's finances?

Just how desperate is the situation? Could the company manage by stopping new investments until those under construction start earning? How soon will some of the projects start earning?

I realise that you cannot tell me anything not yet in the public domain. I feel that I understand what Econergy were trying to do but not so sure about trading carbon emissions.

I would appreciate any comments that you are able to make.

Thanks

David S...

----------------

I am no longer with Econergy. To speak with someone in public relations, please contact Econergy's external PR firm directly at [phone], attn. Chelsea Hayes or by emailing [e-mail].

To speak with someone regarding Econergy's communications or marketing activities, please contact Alicia Dunn at [phone] or by emailing her at [e-mail].

To speak with someone about our conference sponsorship and attendance, please contact Lily Russell at [phone] or by emailing her at [e-mail].

Sincerely,

Suzanna Rosenberg
Director, Marketing and Communications
Econergy International
22 Billiter Street
London EC3M 2RY
Tel: [phone]