Ipsa Share Discussion Threads

[moreforus] 02/3/2015 08:04

547k all buys

market still asleep

[granada7] 02/3/2015 08:01

mkt cap is 1.6m?? receiving £3m plus??

[moreforus] 02/3/2015 07:27

beat ya!

bet people are still sleeping on this!

[moreforus] 02/3/2015 07:26

RUR today

"Rurelec will now be making the previously announced payment to IPSA Group PLC from the proceeds of US $6.5 million"

get in there!

[moreforus] 23/2/2015 13:06

from LSE

asif6600
Posts: 317
Off Topic
Opinion: No Opinion
Price: 1.58
e mail from CEO

Today 11:12All, this is the e mail received from the CEO on Feb 18th.

If anyone wants the original e mail sent to them, please leave your e mail address.

I did indeed try to call and left you a message. I cannot give you any information which has not been released to the market via an RNS announcement. However I can tell you that if there was bad new to announce, we would have announced it. We have made no such announcements.

Our recent share price fall was the sale in a block of 4 per cent of the company at a foolishly large discount. The seller was a UK institution for whom this holding was too small for the portfolio at the current depressed price, so they just dumped the stock through market makers. It seems all to have been absorbed.

The one thing I can do is point you to the public statements of Eskom and the government of South Africa as to the planned extension of all MTPPP contracts, of which IPSA’s Newcastle Cogeneration is a beneficiary.

When there is something to announce, we will announce it, I promise. In the meantime there is nothing more which we can say.

Best regards,

Peter Earl

Peter Earl

Acting Chief Executive Office

[nick rubens] 10/2/2015 16:03

No one bothered about this company. Left to the traders to play poker before it ceases trading?

[andrbea] 05/2/2015 13:35

They commented 30.12
loss 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.

[nick rubens] 05/2/2015 12:48

No comment from IPSA about the sudden plunge? Why not?

I would say it is a big concern especially since it's already fallen continually for some time.

[webster is back] 05/2/2015 09:43

Agree Tracy
Especially with all his ramping.

[tracy_moore] 05/2/2015 09:37

Strange person .

[webster is back] 05/2/2015 08:37

Pumping well under way

[webster is back] 05/2/2015 08:26

312,793 buy at a premium of 1.95p. Oh dear !

[webster is back] 04/2/2015 19:49

4,431,435 dumped at 1p. Not a good sign

[webster is back] 04/2/2015 19:46

What was the reason for the big fall?

One to avoid IMHO

[bozzy_s] 04/2/2015 15:30

645 - Incredible foresight? Mentions mug traders are here, then they pop up at 649 !!!

[21trader] 04/2/2015 13:52

Must be expensive following those two into everything :-))

[loverat] 04/2/2015 13:47

I wondered when 'death spiral trader' would appear.


He only invests in Darwin stocks.

[21trader] 04/2/2015 13:32

Like flies round dung the pump and dumpers flops and m4 pumping the exact same
stocks again !

[moreforus] 04/2/2015 13:29

can buy at 2p....

LSE mob say news coming!