Gtl Resources Share Discussion Threads

[caveat_emptor] 14/6/2011 20:04

I wonder how the vote is going?

[spaceparallax] 14/6/2011 14:47

Looking forward to tomorrow

[caveat_emptor] 14/6/2011 08:14

And get this.....

Pacific did a Rev Con and have now got 20 million shares,
at 1.40.

After near bankruptcy they are worth, relatively speaking, more
than arguably the most efficient & profitable E manufacturer in the USA...namely GTL?

Clever guys though, they did the RC and themn instead of dilution went for loan finance for working capital, to meet the extroardinary demand, which seems set to
continue for the next couple of years!!!

[cerrito] 13/6/2011 22:09

Lex in the FT does not like Biofuels:

[clunes100] 13/6/2011 17:33

Aren't the results due any time now?

[spaceparallax] 13/6/2011 17:33

It is superbly managed and with vision.

[caveat_emptor] 13/6/2011 17:27

shares tightly held.....low volume sells...shlump!
Low volume buys...whoosh!

Anyway the results will probably reiterate what a hard time
anyone making E is having....but that will be against sparkling
results just the same!!!

This is the most efficient E plant in the USA.

[spaceparallax] 13/6/2011 14:00

interesting bounce

[caveat_emptor] 12/6/2011 16:29

Cerrito
What PE would that give?

[cerrito] 12/6/2011 11:32

am going for a reduced post tax profit in the second half making a full year post tax profit of apprx $6m. or £3.6m approx

[puffin tickler] 10/6/2011 12:40

IIRC the insurance payouts are either received or provided for in the accounts. Either way little impact on future results expected but cashflow may be improved.

[clunes100] 09/6/2011 19:52

I have forgotten, have they received the insurance pay out for the faulty silo and lost production, if not this could have a dramatic one off impact on the results.

We still need someone to bid to get this share price up in the short turn or if they paid a dividend, just £1m would be over 4% and on that basis the share price could double and it still would not be a bad return compared to the banks.

Longer term, hopefully the share price will build anyway based on reduced debt and profitable new product lines. All the management need to do is make sure that the margins hold well.

[caveat_emptor] 09/6/2011 17:29

PE of what you reckon....3-4

[puffin tickler] 09/6/2011 12:37

Your expectation is far more optimistic than mine. I reckon about break even pre tax profit with a debt pay down of about 12 M$. Not even my most rose tinted spectacles lead me to expect a profit anywhere near 24 M pounds (36 M$).

Still, not too long to wait to find out, last annual results were 16th June.

[caveat_emptor] 09/6/2011 09:37

Market Cap. 23.83 m
Shares In Issue 31.99 m

Ludicrous valuation.....

You can get 73p for your shares, yet the results will
post MORE profit than their entire market cap...???

Go figure!!!

[caveat_emptor] 05/6/2011 07:39

I wonder how high the debt pay down will be this week?

This will be a great opportunity

[caveat_emptor] 04/6/2011 08:22

Are you suggesting that Shell have bought a stake in GTL?

[shawzie] 03/6/2011 10:42

Royal Dutch Shell PLC's (RDSA.LN) ambitious foray into renewable energy was formalized Thursday as the Anglo-Dutch major and Brazilian sugar and ethanol group Cosan Industria e Comercio SA (CSAN3.BR) put the seal on their $12 billion Raizen biofuels joint venture.

Announced in February 2010, Raizen pairs the hydrocarbons giant with the world's biggest producer of ethanol from sugar cane in a move the companies said combines Shell's expertise and technology in advanced biofuels with Cosan's experience in the commercial production of low-carbon biofuels.

"We are building a leading position in the most efficient ethanol-producing country in the world," said Shell Chief Executive Peter Voser. "Low-carbon, sustainable biofuels will be increasingly important in the global transport fuel mix."

Earlier this year, the companies agreed that Cosan will keep its sugar retailing business separate from the ethanol venture.

Shell said in August it will inject some $1.6 billion into the joint venture.

The joint venture starts off with a net debt of 4.94 billion Brazilian reals. Last month, the companies established an exchange rate of 1.6287 Brazilian reais per U.S. dollar, which will apply to payments to Shell and for investments by Cosan. The venture is still under review by Brazilian antitrust regulator Cade.

Raizen will produce and sell over 2 billion liters a year of ethanol made from Brazilian sugar cane, the companies said, adding that it will distribute biofuels and over 20 billion liters of other industrial and transport fuels annually through a combined network of nearly 4,500 Shell-branded service stations.

"Raizen is one of Brazil's largest companies and is ready to offer international markets a clean, renewable and economically viable solution," said Cosan Chairman Rubens Ometto Silveira Mello.

Raizen also will boost sugarcane-crushing capacity to 100 million metric tons a year, up from current output of 60 million tons, Raizen Chief Executive Vasco Dias said in February. Ethanol production is expected to more than double over the next five years to five billion liters a year, Dias said at that time.

Of the major oil companies, Shell has been one of the most aggressive investors in green alternatives to gasoline and diesel fuel.

Shell has invested in a Canadian cellulosic-ethanol company called Iogen Energy Corp., a biofuels start-up called Codexis Inc. and Wisconsin-based Virent Energy Systems, which uses chemical catalysts to transform plant sugars from switch grass or wheat straw into hydrocarbons to burn as fuel.

Raizen represents a huge step in the consolidation of Brazil's fractured ethanol sector, where many of the sugarcane mills are family owned. That has made the sector ripe for picking by foreign investors flush with cash and a desire to enter Brazil's biofuels segment.

Cosan's and Shell's creation of Raizen was followed by two separate deals made by Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras. In May, Petrobras invested nearly $1 billion for a 46% stake in local sugar group Guarani, the country's fourth-largest sugar miller. Petrobras then paid about $240 million for a 49% stake in Nova Fronteira Bioenergia SA, a joint venture with local sugar producer Sao Martinho SA (SMTO3.BR).

Previously, consolidation in the Brazilian biofuels sector had been limited to smaller deals between rivals or investment funds. U.S. company Bunge Ltd. (Bg) in December 2009 acquired Usina Moema Participacoes SA, which owns a Brazilian sugarcane mill and has ownership interests in five others. France's Louis Dreyfus Commodities in October 2009 took control of giant sugar and ethanol group SantelisaVale. Cosan snapped up local milling group NovAmerica in early 2010.

-By Rogerio Jelmayer and Alexis Flynn, Dow Jones Newswires; 55-11-3544-7071; [e-mail]

--Guy Chazan of the Wall Street Journal contributed to this report.

[mesquida] 02/6/2011 08:41

Yes, but who bought this stake, and why have they not so far declared it?

[spaceparallax] 01/6/2011 11:39

The RNS presumably explains the drift over recent weeks.

[spaceparallax] 31/5/2011 13:52

sp looking strong today

[stenick] 27/5/2011 18:48

Well could be were the profits went.