Renova Energy Share Discussion Threads

[j5ack5k] 14/9/2007 15:29

It all depends on whether we are in the dark about something major.

[jimarilo] 14/9/2007 13:32

Anyone got an idea of where the bottom might be ?

[j5ack5k] 14/9/2007 09:10

Another 3% down (again on no volume). I like to imagine all sorts of MM machinations to buy back shares cheaper, but I doubt it.

[jimarilo] 14/9/2007 00:19

When we do come back into favour it's going to be one hell of a bounce !

.........One hopes ;-)

[j5ack5k] 11/9/2007 12:51

Quite a good little vid on Pacific Ethanol's website (from 7th Sept):

[j5ack5k] 11/9/2007 11:34

Deleted message as i don't think I had my facts straight. I'll repost later if I find out for definite.

[nickcduk] 10/9/2007 21:50

Ethanol futures have been collapsing recently according to an article I read today. That aligned to rising corn futures is putting margin pressure on the sector. We will need to see a clean set of accounts which reflect increased production volumes before being able to judge where eps will settle down.

[dasv] 10/9/2007 19:50

did it drop cos it went ex-dividend or something?

[10 bob] 10/9/2007 19:04

time for the company to start buying back shares as planned, unbelievably cheap now (saying that though, i'm cursed!)

[jimarilo] 10/9/2007 19:00

Blimey, near 10% drop today, just when you think it has hit the bottom, doh !

[jimarilo] 05/9/2007 18:47

Gas Prices Surge to $3.09 a gallon

[jimarilo] 28/8/2007 17:52

Excellent up-date today just a matter of time for the up-side

The company looks to be in good hands and seems the Bank thinks so as well ;-)

[motoben] 28/8/2007 09:31

i think the buyback has to be approved today at the agm, may learn more after that, but do they have enough money to make any sort of difference to the price?

[jimarilo] 23/8/2007 22:02

lol I guess they are waiting for 50p

[bpoole] 22/8/2007 14:10

When are they going to start buying back their shares?

[jimarilo] 22/8/2007 02:27

Anyone going to the AGM ?

The AGM will be held at 10.00 a.m. on 28 August 2007 at Buchanan Communications,
45 Moorfields, London EC2Y 9AE.

[crystalclear] 20/8/2007 15:10

It takes about a MJ of oil out of the ground to create a MJ of ethanol. I think the real figure is you can create 1.1 MJ of ethanol. But ethanol is less dense, than petrol and also has less energy in a given mass of fuel (since the C-O-H bonds represent partially burnt carbon and hydrogen).

So the real advantages of ethanol is that we can charge the car driver more for the same mass of fuel (since it takes up more litres of space), and then charge him more again as he'll need yet more fuel fill-ups if it provides less power.

So the real secret to ethanol is to hookwink governments into thinking of it as a green fuel and to provide farming subsidies and mandate a certain amount of "renewables". If that can be done (not at the oil companies expense), the oil companies can stretch their reserves a bit and up their profits too.

[jimarilo] 19/8/2007 15:35

This is a good listen, Matt Simmons "All the Canaries have stopped singing"



The above is from this link

[jimarilo] 16/8/2007 21:59

After an up and down day the S&P and the DOW both closed up tonight, so did the main banks in the states including Bear Stearns which rallied the most in a single day since 1998



Should see some buying again tomorrow imo

[jimarilo] 16/8/2007 20:36

Soybeans, Corn Fall as Midwest Rains to Boost U.S. Crop Output

By Jeff Wilson

Aug. 16 (Bloomberg) -- Soybeans fell to a two-month low and corn dropped the most in a month on expectations that rains will improve prospects for the two biggest U.S. crop after two months of dry weather.

[jimarilo] 16/8/2007 20:32

Now I hear Pacific Ethanol talking about how favorable the economics are for a refiner to move from the 5.7% minimum to a 10% ethanol blend in its gasoline. If the dollars and cents of "gasohol" are in fact better than I've been led to believe, then I may have to start shifting my opinion about Pacific Ethanol

[daaan] 08/8/2007 16:14

Not so good.... (i'm long btw)



Bad tidings for ethanol
This week's USDA report could be a precursor to another runup in corn prices, spelling bad times for an ethanol industry looking to get off the ground.

NEW YORK (CNNMoney.com) -- Friday's closely watched U.S. Department of Agriculture crop report could serve as a gloomy bellwether for the nation's ethanol industry.

Despite projections of a record harvest, many analysts are expecting corn prices to surge over the next several months as farmers give back this year's unprecedented corn plantings of about 90 million acres to wheat and soybeans.