Alkemy Capital Investments Share Discussion Threads

[pj 1] 25/6/2015 11:20

Yes. A break above the 25.5p level and I'll take some more.

[marine boy] 24/6/2015 22:58

I'm expecting a tick up on the bid tomorrow - buyers returning to this stock.

[dan de lion] 24/6/2015 16:42

It would be worth a lot more than that if an offer is ever made for Egdon!

[rivaldo] 24/6/2015 12:13

EDR up to 15.75p. ALK's holding is now worth £6.3m.

[marine boy] 19/6/2015 10:14

Fox You, I'm not sure what point you are trying to make.


I'm in danger of posting on the wrong board here but EDR's shale assets are in addition to their conventional resources and were said, in a note by Edison, to add a value of 40p / share to EDRs valuation. Notwithstanding any potential shale assets, EDR's conventional Wressle field, should it prove bountiful, will add value to ALK's 18% holding of EDR. While this is all happening elswhere, AKL continue to be cash generative to the point where they have declared another dividend payable end of the month (now ex-divi). ALK have a number of projects in the pipeline for 2015 and the only thing holding this share price back is the OFGEM investigation into whether ALK & others have complied with Rule 5.13.1 (b) of the Capacity Market Rules.

The Rule(s) in question:

5.13 Prohibition on other unreasonable business methods
5.13.1 The following activities are prohibited in relation to the Capacity Auction:
(a) doing anything which would constitute a breach of any law intended
to prohibit or restrict anti-competitive practices relevant to
participation in the Capacity Auction;
(b) submitting to the Delivery Body or the Authority any information in
connection with the Capacity Auction which is false or misleading;

ALK has responded in saying "Alkane does not believe it is in breach of the Capacity Market Rules and will fully cooperate with Ofgem’s investigation."

If, like me, you have faith in the integrity, professionalism & capability of the management team, then ALK will come out smelling like roses.

So let's not get too confused with fracking & ALK. ALK is not in the fracking business per se, but have an 18% holding in one that could but that is possibly going to hit upon a commercial conventional oil discovery in addition to their currently pumped sources.

[rivaldo] 18/6/2015 10:43

EDR now up to 15.25p, and Cantor have a 39p target price. ALK's stake in EDR alone would be worth over £15m at that price.

[marine boy] 18/6/2015 10:17

The OFGEM investigation is hanging over ALK. Once this clears and everything is seen as above board this should move up to reflect EDR's increased valuation. I still think it's a cheap way in to get EDR's value. As fracking is looking increasing likely with the current thinking away from wind farms, EDR's shale assets should begin to be reflected in ALKs share price Also with the doubling of the carbon tax, more coal derived power stations will be forced off-line and CMM generation becomes a desired source of green energy. Gas evolved from fracking could also drive ALK's turbines & ALK has the technology to deploy its generators at fracking sites to power local communities. This is in addition to their conventional fast response generators powered by mains gas. This could really take off in an unexpected way.

[dan de lion] 18/6/2015 09:15

That's weird, good news from EDR and ALK gets sold, with a TU just around the corner as well?

[rivaldo] 16/6/2015 09:20

EDR is rising today on yesterday's good news for the fracking industry, with approval for one of Cuadrilla's sites:



If EDR recovers to say 20p it would be worth £8m to ALK.

[roddyb] 12/6/2015 17:02

Yes, nice move up but to be fair - it was well overdue. I am assuming the sole driver is the value of Egdon? I also assume that the remaining 90% of the business is operating in a total media blackout as usual. I guess, "the only way is up" (- good name for a song one day...)

[gucci] 12/6/2015 15:54

nice move up today

[rivaldo] 12/6/2015 13:40

EDR continuing to climb - ALK's stake is now worth around £5.5m.

[dan de lion] 12/6/2015 08:26

Will we get a trading update on Monday 6th July(Monday 7th July last year).

Edit:- Looks like the T20 brigade are taking a chance on the above!

[roddyb] 05/6/2015 14:21

I see Egdon is roaring away today but we are silent? I am assuming our shares in Egdon will be seen as a positive

[cyfran101] 04/6/2015 00:28

Well exactly. They are putting off these smaller projects as they have a full pipeline of better ones.

[dan de lion] 03/6/2015 08:52

Well at 800kw(reduced from 2000kw) it is hardly a game changer

[cyfran101] 02/6/2015 23:57

hxxp://www.alkane.co.uk/images/documents/Company_Documents/Web%20site%20write%20up%2020th%20April%202015.pdf

Interesting line:

"Alkane currently have a full pipeline of projects for 2015 and so will delay the construction of this project until 2016/2017"

[rivaldo] 27/5/2015 14:42

To say it's even a storm in a teacup would be an overstatement.

Meanwhile....



"Study Determines That Disused Mines Could Be Used as Heat Source for UK,

Wandsworth, London -- (ReleaseWire) -- 05/19/2015 --

Leading UK supplier of fireplaces and stoves, Stonewoods LTD, have recently commented on a study at Alkane Energy's control centre situated at the abandoned Markham Colliery in Derbyshire which suggest that disused mines could potentially work as an additional source of heat for the UK.

The study reveals that disused mines could help provide renewable energy for tens of thousands of residents within the UK, thanks to the ground source heat pump (GSHP) which can extract heat from lukewarm water within these mines.

The way the pilot project works is by pumping water from a mineshaft to the surface, and a heat exchanger then extracts any thermal energy. The pump helps produce a higher temperature than the water available in the mine, thanks to the ability to condense energy and circulate it through a separate heating system. This method has managed to heat an industrial building owned by Alkane Energy, to show just how effective this method is. The renewable aspect comes from returning the groundwater back into the mine, so it can be heated once more.

The researchers have determined that mines within the area could potentially heat approximately 45,000 homes, with the GSHP able to provide 433% more energy than a standard boiler. Plans are also in the works to have the GSHP powered by wind or solar power, which would make for a 100% completely renewable method.

Author of the study, Amin Al-Habaibeh, said, 'In a way we may never have previously envisaged, coalmines could once again be used to provide warmth to thousands of homes across the UK.

Often commenting on industry news, a spokesperson for Stonewoods LTD said, 'This discovery could be of huge benefit to the UK, and it will allow more people to stay warmer when winter arrives, if they implement it that is. Tests for renewable sources are always undergoing, and it will help make for a warmer, more reliable future as fossil fuels die out. We hope this study will come to fruition in the near future."

[dan de lion] 22/5/2015 11:15

ALK the only one prepared to talk to the Times saying ALK was above board with all its bids.

[ohisay] 22/5/2015 09:56

Times saying it only applies to one of the ten contracts given.
So doesnt sound like a wholesale enquiry.Bit odd really.

[puffintickler] 21/5/2015 20:36

I am not sure there was any smoke, let alone fire.

I think ofgem could reasonably claim any inconvenience and stress was self-inflicted.

[audigger] 21/5/2015 15:42

Seems to be a big drop for what appears to be smoke without any fire! Perhaps ofgem will compensate shareholders for the inconvenience and stress!

[cyfran101] 21/5/2015 15:12

Only one of the seven generators under investigation had planning permission issues. All the other 6 were existing generators. Not exactly sure what the problem is if its anything but minor.

[puffintickler] 21/5/2015 13:23

Roddyb

Ofgem has NOT accused anyone of providing misleading info. The RNS ends with:

"The opening of these investigations does not imply that we have made any findings about non-compliance."

Frankly I would be surprised if planning consent status was not checked if these companies are being paid up front for capacity that could not exist.

The market reaction was unnecessary. It may even be good news if ALK is cleared but other companies are found to have cheated.

I have topped up.