Active Energy Share Discussion Threads

[jailbird] 22/8/2019 08:21

On spike over a short period..RSI has technical perspective...and a pullback occurs

However when share prise is slow and steady...it tends to consolidate than actually fall back..from my experience

I have seen a RSI hit near the top...and the share price just kept going and going...and I cried

[garth] 21/8/2019 23:00

Plumbertrade,Out of interest, what happens when the RSI looks primed for a pullback but it doesn't happen?G.

[plumbertrade] 21/8/2019 22:32

Not sure. Doesn't the RSI look primed for a pull back?

[isa2020] 21/8/2019 16:18

Very undervaluedIP and gross assets are 2p+ before any product is made.

[jailbird] 21/8/2019 14:47

Good to see another 2 million bought today.

[dave4545] 21/8/2019 10:20

Nothing wrong with that.

Just remember this stock once went from 4p to 12p in 2 hours.

Anystock these days can go from dead to mega spike in a few hours or days.

[garth] 21/8/2019 10:16

Dave,

its been a painful 12 months. But yes, current market cap is a bit over 6 million. there seems little question that Lumberton is going to start manufacturing and shipping pellets this autumn. The incremental rises in share price demonstrate market confidence in that. As that confidence grows I would hope to see the next 12 months mirroring the previous 12 in the opposite direction. I expect that will be a slow climb to 1.5p initially - valuing it at circa £15M and less than half what it was before the Canada related falls.

After that, it might just speed up...?

They have the asset backing to get as much feedstock as they need. They have geographical spread over US, Europe, Canada when they are ready. They have regulatory approval achieved in Poland.

Patience needed.

Just a personal viewpoint though.

G.

[dave4545] 21/8/2019 08:40

garth

This was once valued at 30-50 million on the back of those assets.

Combine them and coalswitch and £6-7 mil just might be the bargain of the year

[garth] 21/8/2019 08:36

It was the Ukranian asset and the 41 years of life on that that caught me most by surprise. I assumed that all of the old Ukranian business was just a sorry mess. But it looks to be a little jewel waiting down the line - most notably when Poland comes back on stream. It is all about capital, revenues, cashflow and timing. The need to achieve traction. If they get shipping sufficient volumes to gain momentum there are some interesting development assets of significant value waiting to be brought online. I assume it is the clear value of these assets on the balance sheet that has allowed them access further capital.

All IMO. DYOR.

G.

[dave4545] 21/8/2019 08:36

Cannot even get a quote for 50,000 now online

Uptrend about to re-commence

[garth] 20/8/2019 19:30

Jailbird,I think that's a reasonable assumption. Here's hoping.G.

[jailbird] 20/8/2019 18:26

Garth,Does this mean, if Lumberton is successful , the 50T will next to be constructedAfter that what are the plans for the other 3 assets mentioned below.?Building plants there as well I am assuming funded by the 50T plant ?

[garth] 20/8/2019 16:10

The gentle recovery is based on growing confidence that the focus on Lumberton as a hub with its complementary revenue streams, along with the financial backing they have received, may have secured the future.

From the AGM statement:
""The new strategy and the raising of capital have been aligned around a 'back to basics' approach in order to allow AEG to capitalise on the commercial opportunities which are currently available to AEG in the biomass and renewable fuels markets. This emphasis has meant that AEG's resources have been directed, in the near term, toward North America, specifically Lumberton. With such an effort, the Board believes the likelihood of success will be greatly enhanced."

Once they can evidence that is really the case it will be interesting to watch...

I note the following buried deep in the accounts:

Development assets relate to the following:

Ukraine: The Group is party to a supply contract granted by the Lyubomi Forestry, which is the administrator of the Lyubomi Forest in the Ukraine. This contract was extended to October 2060 from 1 January 2015 and the Company is currently reviewing options to develop this asset as feedstock for CoalSwitch(TM) plants in Eastern Europe. The remaining useful life on the Ukrainian assets is assessed to be 41 years and the asset is being amortised over this period...

Northern Alberta: During 2014 the Group acquired a 45% interest in a joint venture, KAQUO Forestry & Natural Resources Development Corporation, incorporated in Canada, to exclusively commercialise forestry and agricultural land holdings belonging to the indigenous Métis Settlements of Alberta in Western Canada. Cost associated with this activity were originally recorded as Investments in Associates. This Joint Venture is no longer operational. However, AEG is continuing to work with the Canadian authorities and its partners in Northern Alberta to develop and secure title to and monetise these assets. As a result the costs incurred on the joint venture were transferred to intangible fixed assets during 2017, on the basis that these costs fulfil the definition of an internally generated intangible fixed asset under IAS38.

And for completeness,

Newfoundland: On 29 November 2018 the Provincial Government of Newfoundland & Labrador announced that it had issued two five-year commercial cutting permits to Timberlands International (Newfoundland and Labrador) Inc., a subsidiary of Active Energy Group (AEG) Plc, totalling 100,000 m3 annually (500,000 m3 over five years) in Forest Management Districts 17 and 18 on the Great Northern Peninsula. Prior to this date AEG invested significant time and resources in developing management and supplier capability as well as government relations in order to not only secure the licences, but also to develop the business model and capabilities to monetise the permits once awarded.

[garth] 20/8/2019 15:51

Sshhh...

It is quietly getting on with it while no-one is looking.

Its almost getting ever so slightly, quietly, exciting...

;0)

G.

[dave4545] 20/8/2019 15:14

"going nowhere"

Stock at a 4 month high in a market where 95% of stocks are on their knees and totally friendless.

Looks good to me

[plumbertrade] 20/8/2019 11:59

Slowly slowly. Like it.Would love an update on the progress for the build of the new plant.

[jailbird] 20/8/2019 11:03

MM SING has a few to sellNext MM on .59 Happy with slow and steady increase here . Beginning of Q4 is around the corner Next 3 months are crucial for the Co

[pdoc] 16/8/2019 15:00

Moght be an idea if I replied about the right share! lol. I was replying about SAE!

[pdoc] 16/8/2019 13:41

I could ask for:

i) Share price not being at an all time low; ii) Not being shafted each year with £millions of extra debt at 8% with nothing to show for it; iii) Some indication from the BoD there is a strategy apart from gently gently nothing nothing.

[dave4545] 16/8/2019 13:02

Looks good, chart looks nice and mm's on a 0.01p spread atm

What more can you ask more.

[jailbird] 14/8/2019 15:39

There is some very decent volume today as well . Wonder whether we will get a positive update soon

[jailbird] 14/8/2019 15:34

If this happens the Co will be worth alot more than a penny

[jailbird] 14/8/2019 15:33

Active Energy Group PLC Update re Polish Joint Venture and SuperFuelSource: UK Regulatory (RNS & others)TIDMAEGRNS Number : 1903RActive Energy Group PLC13 June 2018This RNS an exciting one st the time and has gone quiet for now .It looks like the refocus and strategy changed forced by shareholders may kick this Co into place. This will be their last chance I feel as shareholders who have supported the Co were not happy with their promises . . It looks like next quarter will be vital for Co to start generating revenues It looks the