Energybuild Share Discussion Threads

[golspie] 14/1/2009 00:32

but only 3% of uk gas comes from Rrssia.

[lasata] 07/1/2009 08:12

Gas being turned off from Russia to Europe -bullish for coal....

[lasata] 06/1/2009 16:08

Coal fires burning brightly in Wales - pity the poor people on gas...

[jonwig] 06/1/2009 15:42

lasata - look at the oil price ... coal tends to follow.

2pointers - 5 Jan'09 - 14:24 - 372 of 373 ... I don't understand you!!

[lasata] 06/1/2009 14:49

EBG price strong again - possibly WTN will sell them off?

Or is it the super demand for coal in this big freeze?

[jonwig] 25/12/2008 17:00

Britain's options for energy security:

[jonwig] 20/12/2008 11:30

It's good to see the positive reaction lasting two days!

Evans & Reid (est. 1922) have a website, but note it's not been updated for over two years:



They took coal from Tower Colliery, now closed, and appear to have a substantial presence in South Wales.

Agreed, the fact that EBG can sell the whole of its output is encouraging in the face of a coal price which doesn't look like going back up any time soon.

[lefrene] 19/12/2008 14:43

In troubled times, if they have got a deal that ensures a steady reliable profit then it takes the unknowns out of the equation for a few years.

[lasata] 19/12/2008 14:24

judging by the steady buying here that deal by EBG looks very favourable

[lasata] 19/12/2008 09:17

The drop in diesel prices is good news for their opencast operations which use alot of fuel.

[lasata] 18/12/2008 15:13

Asa Bridle, an analyst at Seymour Pierce, says: 'Though the various
prices included in the agreement have not be made public, we believe the contracts to be attractively priced.'


He obviously has been told the prices.....if he can write this

[lasata] 18/12/2008 13:05

Can you find out what % of the value of their total coal annual production this deal represents?

[pbracken] 18/12/2008 12:04

10:34GMT 18Dec2008-Energybuild up; signs 5-year supply contract
---------------------------------------------------------------
Shares in Energybuild, the AIM-listed welsh anthracite producer,
climb 8.7 percent after the company signs a five-year fixed price supply
contract with Evans and Reid, prompting Seymour Pierce to retain its
'buy' recommendation on the stock.
Asa Bridle, an analyst at Seymour Pierce, says: 'Though the various
prices included in the agreement have not be made public, we believe the contracts to be attractively priced.'
The broker also highlights that given the current climate the deal provides
the company with added security.
'The contract also reduces the possible credit risk on Energybuild
resulting from bad debtors as E&R will be responsible for all sales to third
parties,' adds Bridle.

[jonwig] 18/12/2008 08:22

"At set prices" - set by the prevailing market, one assumes.

No numbers given, not for what RWE are paying. We'll probably get more information in the results, though.

lasata - re your post #360, I must own up to not really following CBM at all. I know I should pay more attention!

[lasata] 18/12/2008 08:15

That looks encouraging

[lasata] 16/12/2008 16:23

How would CBM deal affect EBG (where they own 50%+) if at all?

[jonwig] 16/12/2008 11:06

Shame, Azalea.

Brian, the substance of your post (for which thanks) has been in the FT and elsewhere, and ATH's results are pretty positive on the coal price.

The trouble with a falling share price here and now is that we don't know whether there's a company-specific problem, forced selling or general market malaise.

[azalea] 16/12/2008 10:49

jonwig

Not a peep after my email. Not impressed!

[jonwig] 08/12/2008 08:45

Azalea, the FD (Karl Picton-Jones) is approachable and worth contacting:

KarlPJ ...AT... energybuild.co.uk

[slapdash] 07/12/2008 19:11

electricity prices and price of coal falling... these are high cost guys bringing in high cost mines..... so not great in a negative environment...Slap

[jonwig] 07/12/2008 18:49

Azalea - funnily enough, the EBG Annual report doesn't list GLG Partners as a significant holder on 30/06.

So I've no idea.