Aggreko Share Discussion Threads

[silverthread] 09/7/2008 15:07

Must have missed that as I scanned through my copy of the Saipan Tribune! How the heck do you manage to find things like that? Thanks for posting it.

[geovest] 09/7/2008 14:58

Nice one. Thanks!

[cr4zyness] 09/7/2008 13:40

The continuing repair at the power plants has prompted CUC to hire the U.K.-based Aggreko International to provide temporary power to Saipan at a cost of $6 million.

[eipgam] 25/6/2008 15:05

Sweet.... up again today! Past 720p

Thinking aloud a bit more about this share, if they can turn the headline grabbing participation in the Olympics into a true power supplying presence in China (until they have built their own efficient and clean power stations), then there may be more significant growth in the next year or so.

[silverthread] 24/6/2008 10:09

I think you are a little unkind, eipgam ......... City analysts - who spend their entire lives dissecting companies and getting privileged access to company information - get paid loads of dosh for making incisive, well-researched forecasts like that!

[eipgam] 24/6/2008 09:31

Blimey... Panmure Gordon have stuck their neck out! So now we are nearly at 720p, will they issue another note changing their view from buy to hold?

[waldron] 23/6/2008 19:57

Aggreko upgraded to "buy"
6:33a.m. - Panmure Gordon & Co
LONDON, June 23 (newratings.com) - Analysts at Panmure Gordon upgrade Aggreko Plc (AGK-GBX) from "hold" to "buy," while raising their estimates for the company. The target price has been raised from 640p to 720p.

In a research note published this morning, the analysts mention that the company has released a better-than-expected trading update. Aggreko's International businesses are generating robust growth at present and are likely to generate very robust growth going forward due to the European football championships and the Olympics, the analysts say. The company expects to post 25% revenue growth in 1H, indicating robust growth in 2Q, Panmure Gordon adds. The EPS estimates for 2008 and 2009 have been raised from 36.30p to 39.50p and from 38.66p to 42.25p, respectively.

[eipgam] 23/6/2008 17:08

I wouldn't say I was nervous.... but you know the saying 'once bitten,twice shy'!

I have been holding for around 6/7 years... bought on the share price collapse when the last MD (chairman?) retired and nobody trusted the new man... (but he seemed to have the faith of his predecessor). So the price went down further!

I suppose 20% pa share price growth (very roughly) is not to be sniffed at, and after considering todays news, and the fact that they already have 2010 in the bag and should expect to get 2012, blah blah, I think I will hold a little while longer. Pity the divi wasn't a touch more generous....

and it has ended the day strongly....

I'm still interested to hear any other poster's opinion

[silverthread] 23/6/2008 14:42

Agreed, Geovest. But eipgam seems to be a nervous holder wanting to protect recent gains.

In volatile markets, you can use tight losses to protect and take a profit gained, and subsequently buy back at a lower level. IMV a tight stop loss is better than selling out now.

Like you, for me AGK is a long-term hold.

[eipgam] 23/6/2008 12:56

Cheers Geo... keep those views coming, please. I'm still holding at the mo'

[geovest] 23/6/2008 12:44

Forget the tight stop as suggested - it can easilly be taken out in volitile markets.
The growth story will continue for at least the next five years as countries try to catch up building power generators to satisfy demand. This is still a buy and hold, add on any weakness in share price, stock.

[eipgam] 23/6/2008 12:06

Thanks ST.... any other thoughts, anyone?

[silverthread] 23/6/2008 11:55

Good forecast eipgam .... Put a tight stop loss on and hold. This has much further to go on the basis of the demand for temporary power supplies worldwide. AGK has won a series of sizeable contracts incl the Beiling Olympics, and the trading statement reckons on good upside to come.

AGK has been pretty stable over recent months in an otherwise volatile and declining stock market. 600-650 range. Hopefully it will now get into a stable 700-750 range until the next uplift - possibly at results time.

Needs to just gt through the 700 resistance first, though.

[eipgam] 23/6/2008 11:13

Bloody hell.... there's a first! I was right....

Now, should I sell or hold??

[peaeff] 01/6/2008 17:57

eipgam

I'm not holding at present but this is never off my monitor. It seems to be holding very well around 600p, as a bottom, and I will be looking more closely towards interim time.

With the olympics coming up, their current presence in China is assured and, I wonder if the recent earthquakes could have put further, unexpected, revenue their way. It's at least a possibility.

I have noticed that several 250 companies have been trading within narrow bands but it's not easy to pick the top and bottom on a regular basis.

Good luck with your target you could be right.

Regards

[eipgam] 01/5/2008 15:30

nobody here?

Good trading statement, loads of bullish brokers and down goes the price. I've been here a long time now and have missed a couple of opportunities to sell.. given the share price reaction to the aforementioned, i think that only a massive call on its services or some takeover story will lift this significantly. Nevertheless, I reckon that 675p is possible without those influences and thats when I will sell.... probably!

[eipgam] 12/3/2008 13:08

approaching novs all time high again.

[ccnp] 06/3/2008 08:31

It does appear to be an outstandingly well run company these days.

[silverthread] 06/3/2008 08:26

A strong set of results.

Aggreko FY pretax up 51 pct, strong demand to more than outweigh US weakness

LONDON (Thomson Financial) - Aggreko PLC today posted a 51 pct increase in full-year pretax profit and said that strong demand in International Power Projects (IPP) and many parts of the local businesses, will more than outweigh a potential slowdown in the US.
The power rental company said that full-year pretax pre-ex profit reached
125.5 mln stg from 83.1 in 2006 on a revenue increase of 28.2 pct to 693.2 mln.
Aggreko also said it will up its investment in rental fleet to 1 bln stg
over the next five years as well as invest 172 mln stg into a new fleet.
Chairman Philip Rogerson said the trading performance in the first few weeks
of the year, particularly in Aggreko's international business, has reinforced
the view that the company will make good progress in 2008.
The company raised its dividend by 20 pct to 8.06 pence. Aggreko shares
closed Wednesday at 600 pence valuing the company at 1.62 bln stg.

[edjgee] 20/2/2008 19:08

moving up quietly, surprised no one else noticing, not edjgee on this

[silverthread] 07/1/2008 16:29

Well, I got that wrong! Down 8p. 35 million dollar contract - but I suppose it was already in the forecast.

[silverthread] 07/1/2008 08:05

Big contract win for Beijing Olympics (see news in header). Must be good news for the share price from its low standing.

[peaeff] 23/12/2007 11:40

Merry Christmas to everyone and a prosperous New Year. I'm sure we shall clear these 520's soon and head back to the high's of 2007. Happy holding.

Regards PF

[edjgee] 20/12/2007 22:14

peaff
now fortune favours the brave. This co are strong. Any disaster is good for them and weather wierdities strengthen that. Amazed there is no other big concern in this biz slot. Already banked a 50% gain but nice to get another!
I grabbed a day before update and lost a 440 chance, in case truth leaked out!

[peaeff] 18/12/2007 12:41

Jodi

Sorry I was out last night so didn't see your post. I was informed that they could say nothing other than that they 'stood by their previous updates'.

With today's performance it just shows what a bloody farce of a situation is going on at present.

I had a friend ring me yesterday to ask if she should take a position ahead of today's update. I advised she should be guided by the Dow but I wasn't expecting any bad news. Being fully committed here already, I didn't top up.

Wish I had.

Regards PF