Tge Marine Share Discussion Threads

[stockscreeners] 06/5/2008 10:29

should float on the 15th of this month.

[stockscreeners] 06/5/2008 03:13

more to be added very soon.

[stockscreeners] 05/5/2008 21:45

back to top for sola boys.

[stockscreeners] 05/5/2008 11:34

anyone with anymore research on this one?.

[stockscreeners] 05/5/2008 11:08

a few getting very excited about this one.

[stockscreeners] 03/5/2008 01:19

Import /export terminals and storage facilities for liquefied gases

An increasing demand for clean fuels around the world necessitates the construction of export and receiving terminals for liquefied natural gas (LNG).

Further the strong market development of the plastic industry leads to increased demand for storage and transportation of petrochemical gases like ethylene and propylene.

TGE acts as engineering contractor for:

LNG import/ export terminals
LNG storage tanks
Ethylene storage and terminals
Cryogenic storage and terminals
Earth covered storage (ECT) for liquefied gases - pressurized storage
Spherical storage facilities for liquefied petrochemical gases - pressurized or semi-refrigerated storage

[stockscreeners] 03/5/2008 01:15

Floating very soon.

Marine Engineering

TGE Marine Engineering GmbH – TME – is a subsidiary company of TGE Gas Engineering GmbH - concentrating on gas and chemical carrier projects.

TME´s naval architects and marine engineers offer well thought-out design packages from feasibility study up to class approved design documents.

The scope of design services include all kinds of class required documents , as – for example – finite element, vibration and heat flow analysis for ships steel structure in combination with cargo tanks and compressor units, ship lines, hydrostatic and hydrodynamic evaluations, propulsion and machinery systems and outfitting documents.

Based on solid technical competence in combination with latest software releases, customers are provided with high quality documents and consultancy during the whole construction period.


For more information please contact [e-mail]


Project examples :
Epsilongas.pdf
Moritz_Schulte.pdf
Navigator.pdf

web site....



dyor.

[composter] 30/11/2005 12:55

The only Sales that have been achieved are Envigro. As sales decrease each 6 months per the results its hardly an advert for "A great end product"
In any event most local Councils who are composting to meet recycling targets are giving away their end product to the public as soil conditioner, and will undoubtedly utilise it themselves. Envigro is a completely different product from that produced from normal mixed composting, as it is I believe manufactured in Windrows by mixing coffee grains and chicken manure.

I assume you now using EPIC TEG? no doubt we'll speak again

[urpo] 28/11/2005 18:21

Nope, no more thoughts. I have found their various news announcements quite difficult to interpret. My gut feel is that some of your reading might be a bit overnegative unless you have access to other information than is in the public domain, but to be honest given how vague their announcements generally are I can't particularly blame a prudently -ve, cautious reading.

The most recent approvals are clearly good news, but until the announcement a reasonable observer would have assumed they had already been granted. So I have to say I wasn't overly impressed with that.

At the moment I'm effectively sidelined waiting for actual news. It's not an obvious short, if for no other reason than lack of liquidity and the fact that if they are getting their act together then there is upside - but that could be said or assumed of the sector as a whole.

I'm generally following the other thread now, as this EPIC is a bit confusing, so lets continue conversation there. One question though, what is your source of information on things like Envigro?

[composter] 28/11/2005 16:12

Urpo

have you had any more thoughts or dug up more info on teg

[composter] 25/10/2005 15:23

urpo

If you yourself wish to research past sales promises and claims repeatedly made about teg by the Board and in particulsr by the ex CEO you could do worse as a starting point than go to www.ofex.co.uk and look up the Company there. Statements still on site from the Company's launch on Ofex.

[urpo] 24/10/2005 14:54

Thanks for that. Interesting.

[composter] 24/10/2005 14:30

You can establish much of what I know about composting and particularly Teg from Company sources. letters to shareholders from the Board, press comment and the awareness of people in the Water industry and in Eire. The Kildare plant was the subject of much local comment as it did not meet Environmental standards of even basic hygeine to treat sewage.It had been deliberately sited on a Council tippping site to minimise objections, but even they complained. I am just intrigued that so many apparently intelligent people have such large shareholdings in this Company.There are of course other examples of continued loss making on the Exchange but even the benefits of EIS for high rate tax payers who also have CGT liabilities do not appear to compensate for the failure to produce profits and the lack of forecast of same.

[urpo] 24/10/2005 11:43

Thanks. Once again, interesting.

Your comments are very detailed. Sorry to ask again, but what is your source? Without some knowledge of that it's difficult to know how much weight to give them. You clearly write with some authority about the sector, so I'm interested to know a bit more. Given what you've said, I'd be very surprised if you were an investor in the company (except as a short!).

[stemis] 24/10/2005 11:42

I would really like to short this bag of sh*te but can't find anyone who'll do it.

[composter] 24/10/2005 11:24

Presumably the Management and Institutions believe what they want to hear, or what they are told. No-one seems to have asked for any definitive clinical trials of the Plant which bears no relationship to the Plant involved in the original trials. Lets not forget that the Company has still to produce a Plant that works. Nick Helme should be able to comment on its shortcomings, which apparently may include the inability to treat small batches of different wastes in the same large plant because the unloading system mixes the end product some of which may be derived from animal by products.The moisture content of the waste to be treated is also apparently an ongoing problem because of the requirement to obtain suitable amendment material (which must be purchased)and the limitations this puts on the quantity of waste that can be processed thereby affecting the gate fee.

[urpo] 22/10/2005 18:51

Thanks Composter. That's a really detailed comment. Interesting reading.

Can you tell us who the 'we' you talk about is and the source of your information? It's clearly very detailed. Assuming it's accuracy, I'm surprised at the level of support the company received from institutions and indeed that management put their own cash into the fund raising.

Earlier Nick Helme was kind enough to give his thoughts, which were helpful, as well as his background. Are you in the industry too?

rgds

[composter] 19/10/2005 16:40

Once more the patient Shareholders wait to rely on the Company's forecasts. The forecasts at the AGM's have never yet materialised, and without the EIS tax advantage there would be little point in you hanging on. The current forecasts only seem to indicate that the Company may have turnover, not profit. (How can you spend £1m per annum on salaries (presumably also Pensions)and expenses for so long without developing a product, and keep persuading investors to plough more in?) The only sales prior to Ireland were of "Envigro" a fertiliser produced in Preston, which the Company mostly manufactured in windrows not through the plant. Check your accounts for the dwindling sales of this "Wonder Product" In England the output from composting is now having to be given away to the general public by Councils as a "soil improver"to prevent a mountain developing as they struggle to meet EU composting targets.
The Irish job would have been profitable if Teg could have manufactured the cage at the planned cost price, and if the technology had been proved. We understand that the use of plastic cage walls in that plant cost too much, and was not efficient in maintaining temperatures that could be guaranteed throughout the mix. ( Essential to prove pathogen kill) These panels were largely untried and had only a short test time before Teg were committed to build the Irish plant. The stainless steel cage walls used at Preston's plant had shown signs of serious buckling and distortion. In any event the plastic walls will have to be changed for the Swansea and Norfolk plants as they are not fireproof or insurable ( Not established by the technical department when manufactured ?) Although the Teg plant was initially marketed only to the Water Companies for the composting of sewage sludge, its success very much depended on the consistency which could be obtained by centrifuging the sludge. In most cases the Water Companies were not prepared to spend more achieving the required solidity of sludge just so that the Teg plant (Already costing far more than rival technology) could work.
Having promised shareholders massive National sales to the Water Companies the Plant was therefore "rebranded" as suitable for all organic wastes but has yet to successfully work on a commercial scale despite all the expense on development.
Meanwhile the first sale was intended to treat sewage. The sewage supplied to the Irish Plant had more moisture than forecast by the Council but the Teg technology could not be adapted to suit. It requires dry amendment material to absorb the moisture in any waste it treats otherwise the composting process will not work, and although shredded paper from our Council tip was tried this would not work because the Plant also needed Nitrogen to kickstart the Teg process.It also blew all over the Council site. (The Teg test plant in Lancashire apparently relied on coffee grounds to create the high temperatures) Chicken litter was apparently the chosen amendment material for the Irish Plant but it was in short supply and the quantities needed were cost prohibitive.Also there is an odour problem with the Teg plant and this caused environmental pressures which led to a shut-down by the Dept of the Environment in Dublin, even though it was sited on a Council tip.
The unloading mechanism was totally untried and untested and although it was constantly modified during installation it could not guarantee that the cages could be unloaded evenly. The cost of odour control,re-engineering and the inability to guarantee volume or pathogen kill of the throughput and meet contractual obligations all led the Management of Teg to pull out.
Hopefully the technical and engineering departments can improve performance in Wales and Norfolk, and guarantee the shareholders that the current version of the plant will work!.
They have certainly spent enough time and money to produce some sort of quantifiable result. But still no profit forecasts on the horizon!

[stemis] 15/10/2005 21:17

Anyone aware of a spreadbetting company which will accept a short position on this company?

[distill] 15/10/2005 16:32

Bigwig
Many thanks, must have missed that mind you surprised they have dropped down to .56 but never miond they'll get back up again soon
cheers
g d

[bigwig] 15/10/2005 11:31

They're not (as far as I know) suspended.
They have suddenly changed their EPIC from TGE to TEG
which I hope explains the confusion.
bigwig

For release 7.00am 11 October 2005
TEG Environmental Plc
Trading Symbol Change
TEG Environmental Plc ("the Company"), the AIM-listed leading edge green
technology company, which converts organic wastes into natural organic
fertilizer, announces with immediate effect that the Company's AIM trading
symbol will be changed from "TGE" to "TEG".

ENDS

[distill] 14/10/2005 13:30

anyone know whats happenning!!!!!!!!!!!!!!!!!!!!!!!!why suspended!!!!!!!!!11

[urpo] 29/9/2005 14:11

I wasn't claiming you were hiding your ID - believe me! You stated your credentials very clearly.

For your own sake, wrt the flotation process, make sure your adviser doesn't get worked up about you posting here.

Thanks for the comment on the other jobs - very helpful.

rgds

[nickhelme2] 29/9/2005 11:29

No "nickname" used. Anyone sufficiently clued up on this sector can easily see who I am!!

Not completely compromised.....yet. Can't write this stuff once we are on AIM (early next year)

The market is right to be excited by this sector as it has enormous growth potential (i wouldn't be in it otherwise) BUT it has to be a bit cautious. On the one hand I am delighted that the market thinks a business in this sector is now worth £19m even though it has never made a profit. On the other, these sort of massive rises can be folowed my massive falls once the penny drops and that is not good for me, the market or the sector. We used to be faced with investors citing TEG as a bad example of what happened if you invested in the sector, we now have investors faling over themselves to get into it. Somewhere in the middle is probably right.

No we didn't go for the Scottish job, nor did we go for Swansea. Swansea was out for tender a long while ago, we didn't think we had a process that was market ready at that stage. Swansea is not a big job and seemed to get bogged down in local politics for quite a while hence it was never implemented, although I understand that it is moving again now.

Don't know all the detail on the Irish job except that the plant is not operating. My Irish contact tells me that it was going to be processing a proportion of sewage sludge and that this just bunged up the cages and it all came to a sticky end. This highlights a technical problem with this type of process, what you put in relies on natural aeration up through the mixture, unlike some other systems (including the Bioganix one) which also bring air to the product or vice versa.