Aggreko Share Discussion Threads

[thorpematt] 18/10/2010 11:45

eipgam - 13 Oct'10 - 14:34 - 416 of 417

new all time high today.... anybody got any thoughts on that? Me? I know nowt!


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Me too, I know nowt either. Ask me anything technical about gen-sets and I'll probably be able to answer it BUT where this charts going I can only guess.

Here's what I know: This is a growth stock. So forget any logic on PE ratios, just stay on the bandwagon until it looks like it might be about to stop...then get off with your cash and wait at the side of the road for the next one to come along.

Don't bottle it and get off too early is my tip. But don't forget I don't know owt.!

[eipgam] 14/10/2010 16:35

and another today

[eipgam] 13/10/2010 14:34

new all time high today.... anybody got any thoughts on that? Me? I know nowt!

[farmingrgp] 30/9/2010 08:41

Check out NBI a mini AGK. Recent profits and earnings up 27%, focusing on oil services with a recent large purchase in Australia. Market cap £28 million, p/e of about 8 good management but still off the radar. Throwing off a lot of cash and low gearing. Will probably end up under the belt of AGK. Sell AGK and buy NBI. triple the value of your stake. No brainer DYOR.

[peaeff] 18/9/2010 09:05

sold at £16.09p.

Should it take another dive I'll be back in. Good luck.

[eipgam] 17/9/2010 17:56

hmm... I Still hold but that seems a massive UT today (nearly a million shares)

[peaeff] 17/9/2010 11:13

with the FTSE hovering this morning on the 5600 mark, (will it break through?) and futures over the pond favourable for a continued rise in DJ today, you could be right.

Will see what this afternoon brings and make a decision before close.

[eipgam] 17/9/2010 11:00

Dunno pf.... I'm another of those ill informed PIs! with the same quandary as you. What is pleasing and worthy of note is that we have been here before, fell back rather severely to £13 odd and have now recovered within a couple of months or so.

Think I'll hold for a few more days....

[peaeff] 17/9/2010 10:47

eipgam

are you suggesting any possible significance in that?.

Is there a chance that the previously pooh-poohed takeover talk has, once again, raised it's head.

I can't find anything in the news today to suggest why such a leap but it seems, logically, that someone knows something we PI's don't.

I'm now in a quandry as to whether to hold or take a nice profit.

Regards

[eipgam] 17/9/2010 10:11

Hmm... intraday auction after 4.3% rise. First time I have noticed an AU in AGK

[ariane] 04/9/2010 13:04

source: the Scotsman


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« Previous « PreviousNext » Next »View GalleryPublished Date: 04 September 2010
By Peter Ranscombe
LONDON FTSE 100 CLOSE 5,428.15 +57.11
AGGREKO finished at the top of the FTSE-100 risers board last night after rumours swirled of a possible takeover approach for the Glasgow-based temporary power supplier.

In a quiet day for corporate news, merger and acquisition chatter kept traders busy.

Aggreko closed up 5.5 per cent or 79p at 1,515p, while Cable & Wireless Worldwide, which has also been at the centre of bid speculation, closed up 3.15p or 4.5 per cent at 72.95p.

But one market watcher poured cold water over the Aggreko chatter. He said: "The takeover rumour sounds balderdash to me. The shares have had a great run due to three company upgrades on its earnings outlook so far this year.

[thorpematt] 03/9/2010 21:20

Feasable. Since Cadburys anything goes.

ABB failed in an attempt to buy Chloride earlier in the year. Outbid eventually by Emerson. Got into a bit of a bidding war - in the end stating that they didn't want to pay "over the odds". Truth is they would like better representation in UPS which is obviously a growth area (similar to temp. power really).

Weakness in £ leaves AGK open BUT I can't see shareholders letting this go at a discount...

What say you shareholders?

[ariane] 03/9/2010 19:34

source: the guardian



Aggreko, the temporary power supplier behind the football world cup, Vancouver winter olympics and Glastonbury festival, was the top riser on the back of positive broker comment and word in the market that it had become an attractive buyout target. The company declined to comment on reports that it may have caught the eye of of Swiss engineering group ABB but its shares still rose 79p, or 5.5%, to £15.15.

[grupo guitarlumber] 31/8/2010 19:37

cheers trex

[trexpert] 31/8/2010 18:13

Don't think GE is a competitor. I bought them when they bought the leasing side of GE as I thought they got it cheap. That was a few years ago.

[grupo guitarlumber] 29/8/2010 12:46

is there anyone out there with knowledge of the agk Euroland Competitors?

cheers

ps found the following

Principal Competitors

Airlease Ltd.; Algeco SA; ATEL Capital Group; Caterpillar Inc.; Electro Rent Corporation; GATX Corporation; GE Power Systems Inc.; ICON Holdings Corp.; National Equipment Services, Inc.; PLM International, Inc.; Rental Service Corporation; TTX Company; United Rentals, Inc.; Willis Lease Finance Corporation.

[nellie1973] 27/8/2010 18:04

broker upgrade

[peaeff] 27/8/2010 13:06

T.

I first bought AGK in 2000 and have been in and out of them, with much success,
over the past 10 years. They went through a recorganisation period where the share price slumped for a year or so, but I first bought back in when the sunami struck on the off chance that a disater was good news for AGK. The share price was at around £1.40 then and over the next 2-3 years I made good gains. How I wish now I had just stayed where I was for the long term, instead of flitting in and out. I kept telling myself that growth had to slow at some point, but with major sporting events, major disasters and run of the mill hurricane seasons, couple with the shrewd purchase of GEC's mobile fleet and extreme weather conditions worldwide, I'm not sure they have finished just yet.

They seem to have more problems meeting demand than securing contracts at present and, all the time they have to increase capital expenditure on plant and machinery etc. to meet that demand, all would appear to be well.

The dividend in the past has been nothing to write home about but they are even trying to bring that into line with this year's increase.

With regard to your 'ftse fear phase' I have always believed that much of it is orchestrated and any PI who believes that playing the stock market is a level platform is, at some time, in for a rude awakening.

Rupert Soames, at the anylists meeting, said more than he did in his Interim Statement with regard to maintaining momentum in 2011 because of the lack of major sporting events, and the market boys took that as an oppotunity to crucify the share price which, now appears to be recovering.

Good luck for the future.

Regards

[thorpematt] 25/8/2010 14:06

Peaeff - thanks for those views, interesting.

My thoughts when I looked at the stock sometime ago (pre- world cup) was that the "value" wasn't there. I was missing the point. I now consider this a pure growth stock. As such it is a very fine example and I agree fully with your sentiments upon the sector and the company itself.

Of course the PE ratios will be high and, like you I think that will be off-putting for many. Looking at the chart I sensed that we would re-trace short-term; the difficult thing is to know to what level. Essentialy the share price growth has been accelerating. That can't continue so it may revert to a lower trend –which could present a buying op shortly.

Also the FTSE is of course due a nice "fear" phase (I suspect)... and we all know what to do in a fear phase right?

[thorpematt] 25/8/2010 08:31

Any comments?

Also
Any view on short term price - I have drawn 3 charts, but can't decide where we are sort term..

[naed] 13/7/2010 18:59

Denarii,

typical decent size site is 50MW. However technically the sky is the limit.

[eipgam] 13/7/2010 12:57

where are we going?... this is a serious rerating.

[bountyhunter] 08/7/2010 21:07

AndrewBaker - looks like I should have taken your advice, as your prediction has rapidly been exceeded! well done