Indian Energy Share Discussion Threads

[the_beagle] 28/2/2011 08:59

the stinger...If you want to buy in volume, here's your chance.

[the stinger] 27/2/2011 19:12

I know this is a strange way to put it,,,,,however,,,if IEL were a kind of oil junior (risky drilling etc)the share price would be nearer a £1.50 .... The fact is IEL only needed the funding in place.....as all the licences, TOR's, procurement lines, other infrastructure is ready and in place,,,,and revenue from production is guaranteed... No brainer here as virtually no risk associated... Shame the economic downturn came i.e. banks not lending,,,otherwise the share price would have been a lot higher now.

Just cant buy stock in volume now....to late in the day...

[the_beagle] 27/2/2011 14:51

At 55p they can have my 100k with pleasure! I think you're a bit optomistic there, but hope you're right!

[htrocka] 27/2/2011 13:48

IEL had a bad run last year, with late production, due to problems beyond their control,..hence loss of income, but with Gadag Plains alone forecast to produce 55.8m KW/H P/A alone (from the website).. with a consensus price of around 3.39 Indian Rupees p/KH/W (about 26p)...55p is a steal.

[bbr391] 27/2/2011 13:48

One feels that long term,this is a winner of huge proport

[the stinger] 27/2/2011 13:07

55p all cash (per share) deal this week............

[fund1] 26/2/2011 22:59

Interesting!

[htrocka] 25/2/2011 22:17

o/t

I`m currently into IRV,who are proposing to take over `Mouchel`..a peer and is concidered by various analysts to be a good deal for both. Yet IRV are prepared to pay in execces of £173m (MCHL`s current m/cap equal to £1.54p a share) for a company that has £310m of debt with a NAV of just 39p.(25% of it`s share price) While IEL`s M/Cap debt Ratio is about the same however has a 53P NAV equal to 160% of it`s share price....which tells a story, in that a company wishing to expand via a peer/competitior aquisition takes into concideration more than mere intrinsic fundamental values reflected as the price for increased market share...In the State of Karnataka for instance, many companies produce a combined output of 1500M.W...and Suzlon, who also produces turbines, is one of them,,,

a quote from the IEL website
`They have excellent relationships with the three largest wind turbine manufacturers in India`.

[fund1] 25/2/2011 22:03

Still around got bored with the first half of today.

[solardave] 25/2/2011 17:41

The beagle

Lull before the storm mate, can't understand anyone selling at the is level, anyway, we'll know the answer soon!

Dave

[the_beagle] 25/2/2011 16:23

Very quiet day today with hardly any trades and no posts. Am I last man in?

[baldeagle5] 24/2/2011 12:28

Jonno - let's see who's right in the short term when the announcement comes, eh?

[jonno1] 24/2/2011 12:00

don't think so, it's taken me three hours to sell 10000, couldn't sell 20000

[fund1] 24/2/2011 11:55

Agreed! Looks like a buy order is being worked here

[baldeagle5] 24/2/2011 11:37

dcroston - too early old chum, too early.
you have made the mistake of being psychologically affected by the abberative low price of 18-20p and now believing they are too high here.

[dcroston] 24/2/2011 08:48

Well, I'm out now. More than happy with my profit.

Best of Luck to those that still hold.

[hello dolly] 24/2/2011 07:26

Link anyone?

[baldeagle5] 24/2/2011 07:24

Story in todays Times re a bid north of 35p. Always maintained that near NAV (40p+) is likely to take this.

[htrocka] 23/2/2011 19:11

It`s looking good.. the `Golden Cross` will activate a few radars..

[hello dolly] 23/2/2011 18:46

It's on PLUS
put IEL.GB in your monitor

[transforma] 23/2/2011 18:08

Progress is likely to force a deal announcement to ensure that the margin seems appealing. When we get to 40p a bid of 53p is only a premium of 30%.

The beagle, the late trade of 35.5p has not shown up?

[fund1] 23/2/2011 17:13

If we do hit 40p I think I will sell half.

[the_beagle] 23/2/2011 17:05

35.5p 25k late trade.

[the_beagle] 23/2/2011 16:11

baldeagle Cash?