Aggreko Share Discussion Threads

[deanowls] 03/8/2013 10:16

Im with Jasab, for a serious competetior to come in they are going to need a lot of money and time, APR have done well the last six months but thers plenty of pie to go around. The business has been flagging up in the last few updates about the ending contracts in afghanistan and Japan but have still near enough maintained the sales so a positive there, with the contract in Africa now coming on line this I believe will only go one way, it will be relative easy to add units onto that grid as required, powering currently into three countries that will see growth going forward, power is one of the things that once you have given to the masses they will not see it taken away lightly.

World cup next year and hopefully a general pick up in mining all adds to an upside. Hopefully a lot of shorters have jumped onboard, one day they will have to buy back. Good value at these prices.

[jasab] 03/8/2013 09:19

the share price will do just fine. they're a power company and whilst demand has slowed a little, long term you can only see demand increasing. unless a serious competitor comes along that is.

[philo124] 02/8/2013 22:10

No, I don't.

[tompion] 02/8/2013 19:53

But downgraded by Investec with reduced target of 1700p.

[salpara111] 02/8/2013 16:37

Do you really believe that brokers willingly issue their best research to the great unwashed public (ie you and me!) I am firmly convinced that broker recommendations are in fact contra indicators.
It is clear that AGKs business growth is slowing down which means that its rating needs to come back.
It is still a decent business but look at the tiny yield compared to other quality companies out there today paying 3.5-4.5% and telling a growth story.
Brokers are playing with other peoples money, I have to be more disciplined as it is my own money that I put on the table!

[philo124] 02/8/2013 15:39

Difficult to reconcile the Broker notes with the reality.

[yorkie123] 02/8/2013 14:55

Deutsche Bank reiterated its 'buy' rating, price target unchanged at 2,250 pence per share.
- Citigroup retained its 'buy' rating, price target unchanged at 2,100 pence per share.
- Beaufort Securities maintained its 'buy' rating.
- Cantor Fitzgerald reaffirmed its 'buy' rating, price target unchanged at 2,200 pence per share.
- Credit Suisse retained its 'neutral' rating, price target unchanged at 2,000 pence per share.
- JP Morgan Cazenove reiterated its 'neutral' recommendation and cut its price target to 1,800 pence per share from 1,870 pence.


Difficult to reconcile the current 1570p with this lot above.

[salpara111] 02/8/2013 14:51

Just sailed through the £16 line, I would look to revisit if it gets back to £14 but not that fussed before then.

[redips2] 02/8/2013 14:44

only that i nabbed some at 15.71, just a taster so to speak---grab more if they re-trace again .

[yorkie123] 02/8/2013 14:39

1569p - was that the bottom? Thoughts?

[tompion] 02/8/2013 12:04

As it is - cautious about buying while still falling - however, may recover quite a bit if people close shorts before the weekend.

[tompion] 02/8/2013 10:47

Not yet - think it may fall further as market turning negative.

[glyndwr2] 02/8/2013 10:42

Hi tompion ,I have just topped up at under £16 did you do the same?

[redips2] 02/8/2013 10:14

i have uu, a steady ol' stock, don't follow rtt----gl :)

[philo124] 02/8/2013 09:57

Thought about topping up because it's a good trading stock however fundamentals are weak and I don't like losing money. Bought UU and RTT instead.

[redips2] 02/8/2013 09:47

not too sure what you mean phil, anyhow still watching----maybe maybe baby .

[philo124] 02/8/2013 09:32

Still couldn't mentally top up.

[tompion] 02/8/2013 08:55

Looking to buy if goes below £16 - good value for medium term hold, I hope.

[bountyhunter] 01/8/2013 12:33

www.aggreko.co.uk/news-events/Aggreko_beyond_2012

"...developing expertise will be vital to Aggreko's bids for major events in the future, such as the Sochi 2014 Winter Olympic Games, the 2014 Hockey World Cup, the 2014 Commonwealth Games and the 2015 Rugby World Cup."

...don't know if they have secured any contracts in these events however.

[bountyhunter] 01/8/2013 12:28

Winter Olympics are 7-23 Feb 2014 (Sochi, Russia) but I don't know if Aggreko have any involvement on the power supply side although they have had with previous Olympics.

www.aggreko.co.uk/news-events/london-2012-plugs-in-aggreko

[tompion] 01/8/2013 11:32

Deutsche Bank retain buy recommendation today with 2100p target.

[salpara111] 01/8/2013 11:17

Agree with most posters, the p/e and divi yield are both for a pretty high growth company, as growth decelerates the valuation looks increasingly untenable.
If you were to give it a p/e around 12 then the share price would be around 1250p so I think I will leave this one alone.
I traded this in the past and made a bit of money out of it but am not tempted any more.

[deanowls1] 01/8/2013 10:31

World Cup next year will see a big boost and developing nations will see it okay,

[tompion] 01/8/2013 10:07

Still think this is an interesting and well-run company in an important area, with few if any competitors, with considerable growth potential on a three year view. Tried to but more at the minimum this am but broker dealing site apparently down!!! May well drift a bit over next few days and would buy for a rise back to 1750p.

[argylerich] 01/8/2013 09:56

It only takes one natural disaster in a power-dependent country to boost the top line considerably. Japan was the perfect example.

The problem was that the market built in expectations of these every year, as opposed to (fortunately for those on the receiving end!) the occasional event that they are.