We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ipsa Grp | IPSA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1.40 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1.40 | 1.40 |
| Top Posts |
|---|
Posted at 05/2/2015 13:35 by andrbea They commented 30.12loss of steam sales was the reason, but 2015 expansion plans still in place so I see no change..... except that distressed seller( NY bank) I see it back at 3p by March. It never dipped below 3p all thru' 2014....fact hit highs of 4p in 2013 & 2014.... fact IPSA Group looks forward to more efficient 2015 Proactive Investors UK - Dec 30, 2014 By John Harrington December 30 2014, 1:00pm NewCogen has implemented plans to expand its generating capacity through the installation of new gas engines, and the first 1.2 megawatts (MW) of additional capacity was successfully commissioned in April ... They also lost their CEO Nov 13 (who died) (upbeat) Quote 30.12.14: Whilst this half year has been disappointing due to the loss of steam sales, the planned reconfiguration of the plant which this forces on us will prepare us to increase our electricity output at a time when it will be much needed," said Richard Linnell, chairman of IPSA. NewCogen has implemented plans to expand its generating capacity through the installation of new gas engines, and the first 1.2 megawatts (MW) of additional capacity was successfully commissioned in April 2014. The new capacity operates at a significantly higher efficiency than that of the current plant in open cycle, without requiring an increase in fixed costs. A further 3 MW of engines have been shipped to the site and are awaiting installation. |
Posted at 04/2/2015 11:49 by moreforus LoveratThe Bank of New York (Nominees) Limited 4,431,435 4.12 |
Posted at 16/1/2013 16:37 by loverat There are alot of dishonest posters out there who do nothing for these boards. These boards are meant for learning and swapping ideas etc. There are actually alot of very good traders/analysts on this site but their contributions are often misunderstood and unappreciated because they do not make the effort to justify their comments. I remember coming across someone who I thought was a deramper on one thread and I challenged him to justify his view. He came out with some amazing research and figures and basically proved that previous RNSs had been false. If people used their knowledge and were willing to share it, we would get much more out of discussions on here. As for the rampers I think there is no harm in being a bit enthusiastic as long as you do not mislead others. For example if trading a share and you comment about you buying, you should say it is a trade rather than saying you are an committed investor. |
Posted at 14/1/2013 12:53 by petersmith6 Looks like some investors didn't read the RNS properly . |
Posted at 02/1/2013 11:22 by topinfo IPSA paying 3.92p now### i,i,i 08-12-12 net worth in the mid-twenties? "ample ca... Chayanne 1UP 2nd Aug 2011, 8:35 am by Jamie Ashcroft of By selling four gas powered turbines on July 20, IPSA (LON:IPSA) chief executive Peter Earl may well have brought the company back from the brink. But having spoken to Earl, Proactive Investors has learnt that this deal is more than simply a means to clear the group's debt. Crucially Earl reckons his South African independent power business will now have ample cash left over to push ahead with a new phase of growth. It was less than two weeks ago that IPSA's patient investors celebrated the news that two deals were finally in place to sell four gas turbines for £41 million. The turbines were initially bought for the Coega power plant, a project shelved back in 2008. Since then the expensive turbines have been a costly burden and the group has had to rely on its creditors. But after years of uncertainty the future is beginning to look much brighter for IPSA, which now plans to focus all its attention on the Newcastle Cogeneration power plant that generates electricity and also sells by-product steam to neighbouring industrial customers. "The value of IPSA's remaining business will be quite substantial and IPSA shareholders will benefit from this once the turbine sales are complete and we've cleared our debt," chief executive Peter Earl told Proactive Investors. "When the dust settles, I believe we will be looking at a net worth in the mid-twenties (pence per share) based on the last audited balance sheet." At the end of March IPSA had £2.9 million in cash and its debt totalled £36.8 million. Now it is set to receive a £41 million windfall from the turbine sales and it plans to clear its debts, leaving a meaningful cash pile for the group's future development. "Our cash position should be at least £7 million and it could be higher than that," Earl said. He explained that around £4 million of IPSA's outstanding liabilities are tied in with a commercial dispute relating to a previous contract with Sasol Gas Limited, and IPSA may actually ultimately pay less than the amount initially claimed by Sasol under take or pay provisions. Meanwhile, Earl believes that the group's core asset, the Newcastle independent power plant (IPP) could be worth more than the US$23 million it cost to build the plant back in 2006 and importantly he hopes that IPSA's investors will now focus on this part of the business. "We've made a number of announcements about the Newcastle plant which I don't think many investors really took on board while the turbines were still an issue," Earl said. "And we're now looking to expand the Newcastle plant to maximise its potential capacity on the grid." "Newcastle is now in positive cash flow territory and we continue to work on improving margins, revenues and output," Earl added. "We've got an active contract with South Africa's main power distributor, Eskom, which is buying in power from Newcastle at a premium under the Medium Term Power Purchase Programme (MTPPP)." "And we are now finally cranking up our steam sales on the site, so we are now generating revenues from power generation and from steam. "In order to maximise our profitability of Newcastle we have to be selling both electricity and stream, but if we're not generating electricity then we can't sell steam. "So it's a delicate balance," he said. "When Eskom stopped buying electricity from us in 2008, a period during which electricity demand fell, it was a big problem. "But now they're buying all the power we can generate at a good price and life is now much easier for IPSA." Looking forward, Earl added: "It is quite likely that we will look at ways to improve the output at the Newcastle plant, to improve margins that might mean adding a bit more capacity, tweaking it, or doing some other technical stuff." Earl explained that this won't be a major undertaking instead it will be a case of juicing some extra |
Posted at 09/12/2012 18:11 by topinfo Good article that tez.And this article here also shows where stock could go post deal. I know this article was written last year but the figures are all pretty much the same when deal done, cash received and debt paid off etc so no reason give or take a couple of pence stock cant head in this direction. Mid 20s it states. 2nd Aug 2011, 8:35 am by Jamie Ashcroft of By selling four gas powered turbines on July 20, IPSA (LON:IPSA) chief executive Peter Earl may well have brought the company back from the brink. But having spoken to Earl, Proactive Investors has learnt that this deal is more than simply a means to clear the group's debt. Crucially Earl reckons his South African independent power business will now have ample cash left over to push ahead with a new phase of growth. It was less than two weeks ago that IPSA's patient investors celebrated the news that two deals were finally in place to sell four gas turbines for £41 million. The turbines were initially bought for the Coega power plant, a project shelved back in 2008. Since then the expensive turbines have been a costly burden and the group has had to rely on its creditors. But after years of uncertainty the future is beginning to look much brighter for IPSA, which now plans to focus all its attention on the Newcastle Cogeneration power plant that generates electricity and also sells by-product steam to neighbouring industrial customers. "The value of IPSA's remaining business will be quite substantial and IPSA shareholders will benefit from this once the turbine sales are complete and we've cleared our debt," chief executive Peter Earl told Proactive Investors. "When the dust settles, I believe we will be looking at a net worth in the mid-twenties (pence per share) based on the last audited balance sheet." At the end of March IPSA had £2.9 million in cash and its debt totalled £36.8 million. Now it is set to receive a £41 million windfall from the turbine sales and it plans to clear its debts, leaving a meaningful cash pile for the group's future development. "Our cash position should be at least £7 million and it could be higher than that," Earl said. He explained that around £4 million of IPSA's outstanding liabilities are tied in with a commercial dispute relating to a previous contract with Sasol Gas Limited, and IPSA may actually ultimately pay less than the amount initially claimed by Sasol under take or pay provisions. Meanwhile, Earl believes that the group's core asset, the Newcastle independent power plant (IPP) could be worth more than the US$23 million it cost to build the plant back in 2006 and importantly he hopes that IPSA's investors will now focus on this part of the business. "We've made a number of announcements about the Newcastle plant which I don't think many investors really took on board while the turbines were still an issue," Earl said. "And we're now looking to expand the Newcastle plant to maximise its potential capacity on the grid." "Newcastle is now in positive cash flow territory and we continue to work on improving margins, revenues and output," Earl added. "We've got an active contract with South Africa's main power distributor, Eskom, which is buying in power from Newcastle at a premium under the Medium Term Power Purchase Programme (MTPPP)." "And we are now finally cranking up our steam sales on the site, so we are now generating revenues from power generation and from steam. "In order to maximise our profitability of Newcastle we have to be selling both electricity and stream, but if we're not generating electricity then we can't sell steam. "So it's a delicate balance," he said. "When Eskom stopped buying electricity from us in 2008, a period during which electricity demand fell, it was a big problem. "But now they're buying all the power we can generate at a good price and life is now much easier for IPSA." Looking forward, Earl added: "It is quite likely that we will look at ways to improve the output at the Newcastle plant, to improve margins that might mean adding a bit more capacity, tweaking it, or doing some other technical stuff." Earl explained that this won't be a major undertaking instead it will be a case of juicing some extra |
Posted at 29/11/2012 14:06 by simonparker5 Looks like you have rumbled me, as the UK's worst investor:) My recent timing may not have been brilliant but at least I know how to read a set of accounts.You can't tell me that you haven't done the same. Are you invested in MOS? |
Posted at 25/10/2012 14:22 by drewz IPSA generously gave investors plenty of opportunity to get on board over the past week.drewz 15 Oct'12 - 09:47 - 225 of 250 edit Get in there for a quick 300%! |
Posted at 30/9/2011 12:31 by topinfo DJ IPSA Group PLC Director Dealing TIDMIPSA RNS Number : 3122P IPSA Group PLC 30 September 2011 30 September 2011 IPSA Group PLC ("IPSA" or "the Company") Director's Share Purchase The Company was notified on 29(th) September 2011, that Peter Earl, a non-executive director of the Company, purchased 250,000 ordinary shares of 2 pence each in the Company on 28(th) September 2011 at a price of 6.5 pence per share. Mr Earl is now interested in 250,000 ordinary shares representing 0.23 per cent. of the Company's issued share capital. For further information contact: Phil Metcalf, CEO, IPSA Group PLC +44 (0)20 7793 5600 John Llewellyn-Lloyd / Harry Stockdale, Execution Noble & Company Ltd +44 (0)20 7456 9191 Riaan van Heerden, PSG Capital (Pty) Ltd +27 (0)21 887 9602 Harry Ansell / James Joyce W H Ireland Ltd +44 (0)20 7220 1666 This information is provided by RNS |
Posted at 28/9/2011 17:24 by topinfo I have been waiting for this for a fair few weeks and monitoring trades etc. They are about to receive the cash and we all know what that means to share price 15-20p fair value IMO.Look at trades today, over 30% of company changed hands late on. IPSA!! IPSA's value will be 'quite substantial' after turbine sales complete, says Peter Earl 2nd Aug 2011, 8:35 am by Jamie Ashcroft By selling four gas powered turbines on July 20, IPSA (LON:IPSA) chief executive Peter Earl may well have brought the company back from the brink. But having spoken to Earl, Proactive Investors has learnt that this deal is more than simply a means to clear the group's debt. Crucially Earl reckons his South African independent power business will now have ample cash left over to push ahead with a new phase of growth. It was less than two weeks ago that IPSA's patient investors celebrated the news that two deals were finally in place to sell four gas turbines for £41 million. The turbines were initially bought for the Coega power plant, a project shelved back in 2008. Since then the expensive turbines have been a costly burden and the group has had to rely on its creditors. But after years of uncertainty the future is beginning to look much brighter for IPSA, which now plans to focus all its attention on the Newcastle Cogeneration power plant that generates electricity and also sells by-product steam to neighbouring industrial customers. "The value of IPSA's remaining business will be quite substantial and IPSA shareholders will benefit from this once the turbine sales are complete and we've cleared our debt," chief executive Peter Earl told Proactive Investors. "When the dust settles, I believe we will be looking at a net worth in the mid-twenties (pence per share) based on the last audited balance sheet." At the end of March IPSA had £2.9 million in cash and its debt totalled £36.8 million. Now it is set to receive a £41 million windfall from the turbine sales and it plans to clear its debts, leaving a meaningful cash pile for the group's future development. "Our cash position should be at least £7 million and it could be higher than that," Earl said. He explained that around £4 million of IPSA's outstanding liabilities are tied in with a commercial dispute relating to a previous contract with Sasol Gas Limited, and IPSA may actually ultimately pay less than the amount initially claimed by Sasol under take or pay provisions. Meanwhile, Earl believes that the group's core asset, the Newcastle independent power plant (IPP) could be worth more than the US$23 million it cost to build the plant back in 2006 and importantly he hopes that IPSA's investors will now focus on this part of the business. "We've made a number of announcements about the Newcastle plant which I don't think many investors really took on board while the turbines were still an issue," Earl said. "And we're now looking to expand the Newcastle plant to maximise its potential capacity on the grid." "Newcastle is now in positive cash flow territory and we continue to work on improving margins, revenues and output," Earl added. "We've got an active contract with South Africa's main power distributor, Eskom, which is buying in power from Newcastle at a premium under the Medium Term Power Purchase Programme (MTPPP)." "And we are now finally cranking up our steam sales on the site, so we are now generating revenues from power generation and from steam. "In order to maximise our profitability of Newcastle we have to be selling both electricity and stream, but if we're not generating electricity then we can't sell steam. "So it's a delicate balance," he said. "When Eskom stopped buying electricity from us in 2008, a period during which electricity demand fell, it was a big problem. "But now they're buying all the power we can generate at a good price and life is now much easier for IPSA." Looking forward, Earl added: "It is quite likely that we will look at ways to improve the output at the Newcastle plant, to improve margins that might mean adding a bit more capacity, tweaking it, or doing some other technical stuff." Earl explained that this won't be a major undertaking instead it will be a case of juicing some extra megawatts one way or another. While the Newcastle plant is currently debt free, Earl revealed that IPSA will look to refinance the plant in the future to 'bring cash back to London'. "Normally you'd be 70-30 debt to equity. But at Newcastle we've had to be 100 per cent equity. But now that the turbines have been sold we can refinance the Newcastle plant and free up some more cash for our development plans." Specifically with reference to those development plans for Newcastle, Earle adds: "We've been looking at a few options, but needed to get the turbines sold before we could consider them seriously. And now that's what we'll be doing next." Now that he has finally sold the turbines, a success that some had doubted would ever come, investors will now be watching eagerly to see if Peter Earl can pull another rabbit out of his hat, for his other IPP company Rurelec (LON:RUR). In May 2010 the Bolivia's President Evo Morales nationalised Rurelec's interest in IPP firm EmpresaGuaracachi, and international arbitration proceedings begin in December over the compensation due to Rurelec. Speaking about Rurelec's ongoing talks with Bolivia, Earle said: "It is all progressing positively, but I can't really talk about that in any detail at the moment." |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
