Alkemy Capital Investments Share Discussion Threads

[lageraemia] 25/9/2015 13:04

Have a look at QFI Quadrise Fuels - technology involves new way of using heavy fuel oil in ships and power plants, without needing to dilute it expensive lighter fractions to reduce viscosity.

[pj 1] 25/9/2015 12:34

EMR,TRAK,INL,IDEA,INSE,HMLH,NTBR,FRP

TEF (eps hit possible 2016)

[investopia] 25/9/2015 12:25

Got any that won't blow up?

AGL looks speculative.

Anything with solid earnings, reasonable valuation plus potential, like AlK?

[spaceparallax] 25/9/2015 11:59

Go for AGL - it has the potential to explode.

[investopia] 25/9/2015 10:55

Anyone else got any ideas for our Alkane money?

[spaceparallax] 25/9/2015 10:36

you're brave going for VOG. I've been there for years and despite the great news in Cameroon, the mkts seem hell bent on giving VOG a kicking. I think they've turned the corner and have a great future in Logbaba but hope that they don't get distracted atm by their Russian FSR plays.

[dan de lion] 24/9/2015 10:11

Have gradually been selling mine so as to invest in shares that could earn me more than 0.5p, have sold over 100k now with the proceeds moved into VOG.

[benchmark] 23/9/2015 23:25

Why sell youur shares now and attract commission fees when you can hold onto them and (a)accrue the 36p/share without commission once the deal goes through, and (b) remain open to the possibility that a counter bid might emerge?

[ajk479] 23/9/2015 21:23

We are 6 days into the battle. By the tenth day all holders of at least 1% of the shares in issue must declare their "Opening Position (Rule 8.3)
So far 12 parties' including the Board have done so and they total 83,027,108 shares which is 51.15% of those in issue. Three of them have managed to declare more than once! - so I have ignored the earlier declarations in each case.
In the meantime, the two connected parties, Liberium and Investec, have declared combined totals of 2,740,182 purchases and 2,49,401 sales(Rule 8.5). If one assumes that all those sales have been to Balfour then that equates to only 1.54% of the shares in issue. On day one the RNS stated that holders of 35.34% of the shares had given irrevocable undertakings to accept the offer.
Meanwhile ADFN shows 20,281,180 shares have been traded (9,569,127 Buys, 3,911377 Sales and 6,800,676 others) The Buys equate to 5.89% of the shares in issue. If one looks on the black side and assumes that all the "others" are Sales then the sales figure would equate to just 6.6%. My point? Holders are not exactly falling over themselves to give away their shares at 36p. Add 35.34% to 1.54% leaves Balfour a long way short of the finishing line.Somebody needs to up their game. Please feel free to shoot my ramblings full of holes. I'm not quite in the rule 8.3 league but am keeping a very tight grip on my hard earned shares.Please DYOR.

[woolybanana] 23/9/2015 17:13

HL sent me a message today informing me of the bid which said that they had 35-40%. There does seem to be quite a bit of selling though at the moment, so I assume those shares are being gobbled up for BB?

[roddyb] 23/9/2015 16:44

I am looking at the announcements, not being clever enough, I can't work out what progress Balfour have made in their share holding??

[spaceparallax] 23/9/2015 12:18

I certainly feel that the 36p offer significantly undervalues ALK.

[audigger] 22/9/2015 20:26

I doubt very much another bid will come. You would think that some of the big investors will be feeling sort changed having to let these go at 36p which has to be viewed as cheap. I'm also left wondering whether any value was attributed to the shale licences? Got to be serious longer term value in them

[woolybanana] 22/9/2015 11:54

Well, all gone quiet except for quite a bit of share buying. There is probably very little time left for a counter bid, if at all. Which means a decent share is gobbled up cheap. Pity. Still, fingers crossed.
Unless shareholders resist the deal. Is there enough power to do that?

[rivaldo] 18/9/2015 23:55

Intriguing from the Mail's web site:



"Sticking with the risers, Alkane Energy is worth 42 per cent more than it was a week ago.

The company, which runs gas to power electricity plants, is the subject of a £61million bid from civil engineer Balfour Beatty.

But with the shares creeping up to within half a penny of the offer price one wonders if there might be an alternative suitor waiting in the wings.

If there is we will probably hear about it over the weekend as this sort news seems mysteriously to ooze its way into the Sundays."

[exbroker] 18/9/2015 15:16

Spaceparallax you are an expert in very small angles, but in this case if 90%+ of the other shareholders accept the bid they they can buy your shares regardless of if you want to sell them or not.The current price is very tight from an arbitrage point of view and there seems to be lots of small private investor type buying so maybe there could be a counter, only time will tell!

[spaceparallax] 18/9/2015 11:47

I'd rather remain private - I don't think 36p is a good offer.

[mortimer7] 18/9/2015 11:41

Interview with Neil O Brien yesterday.
Q. Does this mean you would not consider a higher offer from another party.......
A. No, if someone came in with a Bona Fide approach, then yes we would have to look at it....


Might not be a done deal just yet. I'm gonna wait & see what transpires.

[cyfran101] 17/9/2015 14:31

...If the majority say yes.Balfour have taken advantage of the Ofgem dip.

[bigtbigt] 17/9/2015 11:39

How can the directors force me to sell (cash) my shares.

If the sale goes through, would I not still be a part owner, alongside Balfour?

[roddyb] 17/9/2015 10:34

Sadly, I think the truth is that we have higher hopes but Balfour just had to pay for the state of the company today with a positive outlook for tomorrow and as our share price languished for the past 18 months their timing was clever. If the price in the future was in our minds headed to 40p or 50p, by paying 36p now they have agreed that is fair with our board. I am holding out but I am assuming a counter-bid would have to appear over the next week otherwise this is all over.

[woolybanana] 16/9/2015 23:39

Well, I think it has been sold a tad cheap. 40p a share might have been more appropriate.

[rivaldo] 16/9/2015 22:06

VSA Capital believe there might be a counter-bid. Hope so, though unlikely imo, but worth holding nevertheless just in case:



"Alkane Energy charged 10.44p or 42% higher to 35.44p, as Balfour Beatty’s Barbican Bidco swooped for the UK-focused gas to power firm in a £61 million deal.

Andrew Monk at stockbroker VSA said: “A counter bid shouldn’t be ruled out, as the industry is very attractive and provides long-term stable growth.”"

[folderboy] 16/9/2015 13:54

Anyone subscribe to this? ALNC article



Cantor Fitzgerald Says Buy Alkane Energy After Takeover

Would like to know why

[woolybanana] 16/9/2015 11:15

Could some kmind soul please help clear up what may be an understanding in my addled old mind? I was under the impression that the share price of an AIM takeover had to be at the highest share price over the last 12 months. Or is this just me being in lala land again?