Renewable Eng. Share Discussion Threads

[spob] 02/12/2015 09:11

Was going to buy more stock as an arb play at 57.6 offer

Shouldn't have dithered

Deal spread has tightened up a bit now

[spob] 02/12/2015 08:14

60p plus a possible 0.3p

[praipus] 20/11/2015 11:54

added to header.

[flyfisher] 13/11/2015 17:04

Sector competitor UKW announced a £50m placing the other day, with proceeds to be used to acquire an existing wind portfolio. UKW seem to think that acquiring developed projects is where value lies now that the government has made early changes to planning and subsidies. They are apparently in exclusivity with the potential seller.
Could they be the interested party, with existing management taking on the solar and bio divisions?

[hutch_pod] 13/11/2015 15:56

Isn't the Offer from an unnamed party who will then sell certain subsidiaries to Wind's management, rather than the Offer from management?

[rjmahan] 13/11/2015 15:34

Read Simon Thompson in paper IC...

What he didnt point out/stress was that offer is from companies own management.

"The Offer envisages that at the closing of the transaction, certain subsidiaries within the Assets will be acquired by a new company formed by the executive management team of REG. "

So in essence management are doing due dilligance on assets they themselves bought/ develop / run. What does it say if it fails !

[praipus] 13/11/2015 15:23

Good of company to keep markets informed of progres_s IMHO.

[rjmahan] 12/11/2015 12:17

Thanks skyship. I would probable agree with his upside/ downside but disagree with market on odds of going ahead must be better than 50/50

[skyship] 12/11/2015 10:47

rjm - he sees 11p upside and 11p downside depending on whether the bid actually arrives, which is for the company's assets - NOT for the company itself. Many a slip twixt cup and lip - so high risk...

[mushypeas] 12/11/2015 09:47

I'm not currently a holder - I would have to do a lot more research to convince myself, but James Carthew (ex Advance Trust) recently put a value of around 80p on the assets.

citywire.co.uk/wealth-manager/news/trust-insider-is-the-sun-set-to-shine-again-on-renewables/a856071?ref=author/jcarthew

[rjmahan] 11/11/2015 20:37

I dont have access why does he thihnk these are high risk - surely odds are better than 50/50 this will go ahead....

[praipus] 11/11/2015 17:19

Spob I've lost so much on these over the years I can't bring myself to buy any more if it goes lower or higher:)

[praipus] 11/11/2015 17:05

SteMis ok I thought you were talking about delta hedging buy 1,000 sell short 500.

[praipus] 11/11/2015 17:05

Skyship, Thanks for mentioning IC comment.

[spob] 11/11/2015 16:26

picked up a few

speculative buy as Simon says


might buy more if it weakens

[skyship] 11/11/2015 16:07

Simon Thompson in the IC online has suggested them as a high risk punt.

[stemis] 11/11/2015 13:42

12p gain if it goes ahead, probably 12p loss if it doesn't.

[praipus] 11/11/2015 13:25

Any maths behind your assertion or just gut feel?

[stemis] 11/11/2015 11:22

Market clearly thinks it's 50/50 if this will go ahead...

[praipus] 09/11/2015 14:03

RATHBONE BROTHERS PLC disclosing reduced holding to 4.97% ...err I think!

[praipus] 03/11/2015 12:10

Another bloggers view.....from a year ago

[topvest] 19/10/2015 08:19

They are leaving the company for the management team to start over.