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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tersus Regs | LSE:TER | London | Ordinary Share | GB00B05LNF36 | ORD 0.5P (REGS) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.55 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
29/4/2008 08:31 | Gyllenhammar took an 18.4% stake, buying some when the shares were under 1p if I recall correctly. He then loaned them £500K to keep the company going and directors deferred their salaries for quite some time, meaning very low cash drain. When we had the suggestion of a takeover the shares were heavily traded and doubling/halving regularly. I'm surprised now that the short term finance is sorted there has not been more buying. I picked up 40K first thing at 2.1p thinking I'd buy another lot if I could get them in time. The MMs marked up on my purchase and offered me the next lot at 3.1p but I didn't complete as it appeared no one else was insterested this morning. A couple more buys just gone through now though and the MMs have moved up twice more, now 1-1 @ 2.25-3.5p. Market cap is £1.09m, still way under asset value, and considering the debt cleared, salaries paid and net cash position these really should have attacted more interest. | davius | |
29/4/2008 08:13 | wonder where chancer is. | bronek1959b | |
29/4/2008 08:07 | could be getting money in from investments and using this as a vehicle for some other of his interests .wind power? | bronek1959b | |
29/4/2008 08:05 | up she goes. | bronek1959b | |
29/4/2008 08:04 | he still has a major holding - which he got cheap | asparks | |
29/4/2008 08:00 | davius .and that is just one of their investments .wonder what pg really got involved with ter for.not just to get his money back .surely not? | bronek1959b | |
29/4/2008 08:00 | 25% i'd say | asparks | |
29/4/2008 07:57 | Been out for a while having doubled my money last time round. Market cap is £0.76m, Gyllenhammar debt will be cleared, directors deferred salaries paid and still £0.7m left in cash. How much will the MMs mark them up? | davius | |
29/4/2008 07:56 | so pg has his money back and ter has also some dosh.seems positive to me.thoughts anyone. | bronek1959b | |
29/4/2008 07:43 | 1.45 usd IN CASH THANK U V MUCH... INVESTMENT PAYS OFF.. CASH RICH AND LOAN PAID OFF... RNS Number:3073T Tersus Energy Plc 29 April 2008 Tersus Energy plc ("Tersus Energy" or the "Company") Update on HT Blade Investment Tersus Energy, the AIM traded clean energy company, today announces an update regarding its investment in ZhongHong (Boading) Huiteng Wind Power Equipment Company Ltd ("HT Blade"). In January 2006 Tersus invested $2 million in TWELP (a Texan LP) as a convertible secured loan subsequently converted into a 12.1 per cent. partnership interest. TWELP owned 100 per cent. of Tang Wind Energy LLC ("TWELLC," a Cayman company) which in turned owned 25 per cent. of HT Blade. The remaining 75 per cent. of HT Blade was owned and continues to be owned by Chinese State Owned Enterprises. Last year, an international private equity firm with offices in Shanghai acquired an interest in TWELLC from TWELP in return for $20 million. This money was used by TWELP for transaction expenses, TWELP costs and a loan to HT Blade. The balance was retained by TWELP in reserve. In February 2008, the same private equity investor exercised an option which it was given as part of the 2007 transaction and bought a further stake in TWELLC paying a further $20 million to TWELP. That investor now has a shareholding in TWELLC of approximately 42 per cent., with TWELP owning the remaining approximately 58 per cent. Therefore, at that date, TWELLC and the private equity investor owned (indirectly) approximately 14.5 per cent. and approximately 10.5 per cent. respectively of HT Blade, with Tersus owning (indirectly) an approximately 1.75 per cent. stake in HT Blade. In April 2008, TWELP transferred some $32 million of cash and receivables into a new partnership TWELP 2. This amount represented the $40 million received from the private equity investor, less transaction costs and TWELP running costs. In April 2008, TWELP 2 made a distribution to its partners as a result of which Tersus has received approximately $1.45 million in cash. The amount remaining in TWELP 2 is being retained to meet future HT Blade capital calls and thus to avoid TWELP dilution. Also in April 2008, TWELP's limited partners sold a 9 per cent. interest in TWELP to an international venture capital firm. Included in this 9 per cent. stake was a disposal by Tersus of 25 per cent. of its 12.1 per cent. interest in TWELP. Tersus has received approximately $2.19 million in cash in relation to this disposal. As a result of this disposal Tersus now owns approximately 9 per cent. of TWELP resulting in Tersus owning (indirectly) approximately 1.3 per cent. of HT Blade. The Board believes that the value of its indirect holding in HT Blade will be a function of TWELP's ability to create further exit opportunities, the business performance of HT Blade and the willingness of the Chinese State Owned Enterprises to proceed to an IPO. The Board also believes that the value of this stake may be affected by the possible dilution caused by the creation of a management incentive pool and the manner in which the cost of such incentive pool may be borne by shareholders in HT Blade. Following receipt of the funds from TWELP and TWELP 2, it is the Board's intention to repay the #500,000 loan which it received in December 2007 from a major shareholder and to pay certain deferred liabilities, including Directors' salaries (most Directors not having been paid since December 2006), leaving approximately #700,000 to continue developing the business. Further enquiries: Tersus Energy plc Tel: 020 7408 5433 Steve Levine, Chief Executive Officer David Wilson, Chief Operating Officer and Finance Director KBC Peel Hunt Ltd (Nominated Adviser and Broker) Tel: 020 7418 8900 David Anderson Deon Veldtman Details of the Company can be found on its website at: www.tersusenergy .com This information is provided by RNS The company news service from the London Stock Exchange END MSCGRGDSIBDGGIC | moreforus | |
28/4/2008 22:51 | Hear hear! (not very much, that is) | cyberbub | |
28/4/2008 14:23 | come on PG | asparks | |
03/4/2008 16:28 | just short whatever she tips, easy money lol. | seanmiller | |
03/4/2008 16:14 | looks like chancer is still on a roll ,every stock she has pumped lately have cost her dear ,lol | iantc | |
03/4/2008 13:31 | Looks like the Curse Of Chancre has struck again, my guess is that was her position being sold out from under her by whichever broker she'd been dealing through. I reckon after PARO and LNX, MGP may have been the last straw, left her with a debit balance at the broker and no cash to cover it. | tiredoldbroker | |
03/4/2008 12:49 | BUY 3 April 2008 Libra Natural Resources PRICE: 6.75p | US/CANADA | RENEWABLES | LNR.L | LNR.LN n Building the No. 1 wood pellet producer Libra Natural Resources (LNR) has stated that its aim is to build the world's number one producer of wood pellets over the next 24 months with a total capacity of around 1.5 million tons, thereby making it the largest supplier of wood biomass fuels for renewable electricity generation and heating. n From an existing current production capacity of 131,500 tons of wood pellets and 100,000 of wood chips, LNR intends to be a major consolidator in North America of wood pellet companies by making a number of carefully selected and strategic acquisitions. In addition, the company plans to build a number of green field developments where the appropriate long-term feedstock and off-take agreements are in place. n LNR currently has over 1.5 million tons of new or existing production facilities under exclusive option, development and/or due diligence for the objective of becoming the world's leading producer of wood pellets. n As a first step, LNR has today announced the acquisition of Coeur d'Alene Fiber Fuels Inc., a profitable US producer of wood pellets. The company owns three plants, which together will have a total annual production capacity of 120,000 tons by YE 2008. In aggregate this is expected to give LNR a total capacity by year-end of 321,000 tons of wood pellets and 100,000 of wood chips. n LNR also announced today signing Heads of Agreement to form a Joint Venture in China for the production of straw and rice husk biomass with a major northern Chinese wood pellet company and a Canadian biomass products company. A demonstration plant has been constructed. Considerable expansion is expected over the coming years. n LNR is to divest all of its non-wood pellet/biomass interests, transferring them to Aim-listed Ethanol Investments plc in return for shares in that company. It is LNR's intention to reduce its holding in that entity over time, generating cash for the Company. n Libra Natural Resource is shortly to change its name to "FibreGen plc" (subject to shareholder approval at the next AGM) to reflect the Company's sole focus on building the world's number one producer of wood pellets. Nick Walker +44 (0)20 3100 2267 nick.walker@liberumc Nick Walker Head of Renewables Tel: +44 (0) 20 3100 2267 Fax: +44 (0) 20 3100 2099 Mob: +44 (0) 7983 959063 Nick.Walker@liberumc www.liberumcapital.c | asparks | |
03/4/2008 12:37 | lol, please say that was chancer getting 1.125p for her shares.............. superb! | seanmiller | |
03/4/2008 09:28 | why the drop? its only a sale of £2K | asparks | |
01/4/2008 20:41 | well .suprised the one who has been plugging the testicles off this is,nt around for todays rise ,although modest. | bronek1959b | |
01/4/2008 15:29 | Surprising silence, maybe Chancre was trading on credit and has had the rug pulled. | tiredoldbroker | |
31/3/2008 19:54 | I agree sean | asparks |
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