Altus Strategies Share Discussion Threads

[bo doodak] 09/8/2021 11:05

Marvel Gold on page 72

[red army] 06/8/2021 11:45

Patience is required but not everyone has it.

[plasybryn] 06/8/2021 09:27

Is this share going for cheapest on AIM? Or is that AAU or HUM?

[red army] 06/8/2021 08:40

Still holding but for the long term. Support at 52p but this company is building a nice asset base. Just needs the wind in its sails ie gold prices to pick up.

[skyship] 05/8/2021 15:41

55p-57p - a pretty poor performance, especially after the support at 60p broke down; should be support again at 52p. Fortunately only a small allocation, but expensive nevertheless after breaking my own rule of never buying Africa. DOH!


free stock charts from uk.advfn.com

[catsick] 30/7/2021 10:57

Interesting article in the ft about Sawaris setting up a billion dollar gold mining fund, mentioned Altus as a position the fund would take .... At some point this thing will do some deals that will get it noticed

[kaos3] 22/7/2021 07:29

I wonder what their price/oz of a discovery is ??? so much going on. huge. dilligent drilling going on. not just asset collecting. cashed up main shareholder with the connections for the insurance...

one day...

[kaos3] 22/7/2021 07:22

one day .....

figure3 - notice cobalt - working mine

I like silver in a safe Morrocco

[waldron] 17/7/2021 12:51

Alstom will deliver first RRTS trains in early 2022
Jul 17, 2021
Written by
Srinand Jha



ALSTOM has commenced manufacturing of rolling stock for the Delhi – Ghaziabad – Meerut 180km/h rail corridor that Indian Railways is developing as part of its Rapid Rail Transport System (RRTS) project, the manufacturer confirmed on July 16. Alstom says it will deliver the first train in early 2022.

The 82.5km 1435mm-gauge RRTS aims to offer fast rail connectivity between Delhi and Tier-2 cities in adjoining states. The RRTS line is also the first in India to adopt ETCS Level 2.

Alstom India managing director, Mr Alain Spohr, says the project will be a game changer in India’s regional rail segment, “benefiting millions of people and contributing towards social economic development.”

Under the €314m contract agreed with Bombardier in May 2020 (prior to the takeover by Alstom), Alstom will supply 210 vehicles comprising 30 six-car trains for Delhi – Meerut RRTS services and 10 three-car trains for local services in Meerut. The agreement also includes 15 years of maintenance. Manufacturing of stainless-steel bogies, car bodies and train testing will be done at the former Bombardier facility at Savli. Propulsion systems and electricals will be manufactured at the plant in Maneja.

Alstom is also responsible for the design, supply, installation, testing and commissioning of signalling and train control and telecommunication systems under a €106m contract awarded in January.

Despite Covid-19-related restrictions, construction has continued on the corridor, with 800 piers of the elevated section and around 8km of viaduct complete. Trials on the “priority route” are set to be completed next year and the line will enter service in March 2023, confirmed an official from the National Capital Region Transport Corporation (NCRTC), the agency implementing the project.

“With the commencement of production of these world class trains, we are a step closer to achieving our promise to provide fast, reliable, comfortable commuter service, with the target to start the priority section by 2023,” says NCRTC managing director, Mr Vinay Kumar Singh. “The RRTS will significantly reduce hazardous air pollution, severe congestion and unmanageable urban sprawl in the National Capital Region.”

The trains’ design has been finalised at Alstom’s Global Engineering and Technology Centre at Hyderabad. The 3.2m-wide stainless-steel coaches will offer ergonomic seating and incorporate regenerative braking, efficient acceleration and deceleration. The trains will feature distributed traction while traction and auxiliary converters will be designed using the latest Insulated Gate Bipolar Transistors (IGBT) technology to minimise the use of heavy magnetic components.

For detailed data on fleet orders from around the world, subscribe to IRJ Pro.

[the grumpy old men] 08/7/2021 21:53

ALSTOM SA : Alstom to supply 19 additional metros to Île-de-France Mobilités for line 11 of the Ile-de-France metro, operated by RATP

July 08, 2021 11:47 ET | Source: ALSTOM SA

...

Alstom to supply 19 additional metros to Île-de-France Mobilités for line 11 of the Ile-de-France metro, operated by RATP

8 July 2021 – Alstom will supply 19 five-car MP141 metros with driver's cab for line 11 of the Île-de-France Mobilités network operated by RATP2, for a total value of 132 million euro3. This order, which is 100% funded by Île-de-France Mobilités, falls within the framework of the MP14 contract signed in March 2015 between RATP (mandated by Île-de-France Mobilités) and Alstom for the delivery of a maximum of 217 MP14 trains over 15 years, for a total amount of more than 2 billion euro. This contract is part of the Île-de-France Mobilités strategy for the modernisation of all rolling stock on the Île-de-France Mobilités network.

An initial tranche of the MP14 contract included 35 automated metros for line 14, consisting of eight cars each. A first conditional tranche for 20 additional automated metros, consisting of six cars each, was exercised in January 2017 for line 4. A second option of 20 additional five-car trains (with driver's cabs) was exercised in February 2018 for line 11.

“With the first MP14 trains entering commercial service in October 2020 on line 14, Alstom is delighted to have received an additional order for these innovative trains. The progressive arrival of MP14 metros on lines 14, 11, and 4 (in that chronological order) will directly improve the daily lives of hundreds of thousands of passengers in Paris and the Île-de-France region. Alstom is delighted with the renewed confidence of its customers, Île-de-France Mobilités and RATP,” said Jean-Baptiste Eyméoud, President of Alstom France.

A state-of-the-art metro, MP14 offers an unprecedented level of comfort and safety thanks to its interior layout and seats with a design based on the theme of the alcove, creating both hospitality and privacy. Vast reception areas offer accessibility to all passengers, with dedicated areas and boomerang-shaped seats to improve the passenger flow and the capacity of the trains. MP14 also has LED lighting efficiently distributed throughout the entire metro to provide a sense of security while eliminating darkly shadowed areas. The supports and steadying points are compliant with safety standards and further increase comfort inside the train. Warm and cool ventilation helps to provide temperature balance, whatever the season. MP14 also provides comprehensive video protection and dynamic passenger information on board.

A special feature of the MP14 metros for line 11 is that the design of the driver's cab incorporates feedback from previous generations of cabs. Their design features the latest developments in ergonomics and has been validated by RATP drivers and occupational physicians.
MP14 is designed to improve passenger comfort and experience as well as reconcile performance, energy savings and ease of maintenance to keep costs under control throughout its life cycle.
MP14's 100% electrical braking system recuperates energy and re-injects it into the network as electricity, while limiting the emission of fine particles caused by the mechanical brakes. The system reduces the energy consumption of the metros, as well as air pollution, by up to 20%. MP14 is also 40% quieter than the metros currently in service on line 11, with a 95% recyclability rate.

About 20 automated metros for line 14, consisting of eight cars each, will be delivered by the end of 2021. The first six-car automated metros for line 4 are currently being tested. Production of the first five-car metros for line 11 began in the last quarter of 2020 and the first metro will begin validation tests on RATP tracks this summer.

Eight of Alstom's sixteen sites in France are involved in this project:

Valenciennes, for the studies, integration, validation, and testing;
Le Creusot, for the bogies;
Ornans, for the engines;
Villeurbanne, for the on-board computerised systems;
Tarbes, for the traction;
Aix-en-Provence, for the safety IT;
Reichshoffen, for the collision studies, and
Saint-Ouen, for the design.

1 Matériel Pneu (rubber-tyred rolling stock) 2014 call for tenders
2 Régie Autonome des Transports Parisiens (in English: Autonomous Parisian Transportation Administration)
3 this amount (manufacturers' costs) has been recorded in the first quarter of Alstom's 2021/2022 financial year.

Alstom is a trademark of the ALSTOM Group.


About Alstom


Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Alstom’s products portfolio ranges from high-speed trains, metros, monorail, trams, and e-buses to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. With Bombardier Transportation joining Alstom on January 29, 2021, the new Group’s combined revenue amounted to €14 billion for the 12-month period ended March 31, 2021Headquartered in France, Alstom is now present in 70 countries and employs 70,000 people.
Its employees in France total approximately 12,500, providing a pool of expertise to serve French and international clients. Approximately 30,000 jobs are created in France amongst its 4,500 French suppliers.
www.alstom.com

[skyship] 08/7/2021 10:07

Agreed - DEC does look exceedingly good value. Have taken an initial bite this morning @ 102.63p

[spangle93] 08/7/2021 09:42

@dlp6666 ref 213 on DEC
It's an astute question, and one which shareholders debate. Most metrics show that the company is significantly undervalued. Broker targets are in the 140s, and with gas prices rising, the earnings (and dividends) should grow to reflect this, as costs are largely fixed, and may even come down on a unit basis as fixed costs incurred from the position in the southern states become more diluted by increased production from acquisitions. Dividends are based on 40% of FCF

I thought that inclusion in the FTSE-250 a few months ago would be the trigger for a re-rate - more funds could start buying in, particularly income funds last year, when so many other companies cut their dividends while DEC increased theirs. Maybe 9-10% yield is felt to be too good to be true? Maybe it's seen to be in a "dirty" sector from the current ESG perspective, so investors aren't touching it, though since it produces gas not oil, and doesn't drill, it's as good as it can get, and is a feature in presentation. In fact, the price was 120p+ earlier this year, before a placing to raise money for acquisitions.

So I guess in summary, the company should grow, the earnings should grow, but when this reaches the price, I don't know. Until then, I'm happy with a high and growing yield.

[spangle93] 08/7/2021 09:24

Morning

Further drilling reports from Tabakorole


We are delighted to announce further drill holes returning encouraging grades over good widths within the main deposit of the Tabakorole gold project in southern Mali. Of particular significance, is the discovery of a new zone of mineralisation 3km to the southeast of the main deposit. This discovery represents just one of numerous targets that have been defined to date, based on soil and geophysical anomalies, and underscores our confidence that the deposit at Tabakorole will continue to grow. Marvel Gold, our ASX-listed JV partner, is aggressively advancing the Project through a number of drilling programmes and these are expected to contribute to an updated MRE later in the year.


It feels that the continuous stream of part results is diluting the good news a bit, and that the overdue positive effect on the share price should come, as it did with Diba, once the updated MRE is published on conclusion of results analysis

[skyship] 07/7/2021 17:40

Spangle - just got in - long day out. Thanks for your 209 above. Will take more of a look...

[dlp6666] 07/7/2021 11:05

@spangle93 - DEC looks interesting, certainly great yield, but do you see any capital upside in the next year or so?

[kaos3] 07/7/2021 10:03

where I started thinking a little on a few rare occasions - highly recommended book

Introduction to Leonardo's Treatise on Painting

[spangle93] 07/7/2021 09:57

that was a compliment to my admiration of your multiple skills, sir

[kaos3] 07/7/2021 09:53

ouch Spangle

[spangle93] 07/7/2021 09:51

Hi Skyship - suggest you look again at i3E, I would say it's at the other end of the spectrum to speculative. Producing 10k boepd in Canada, m/cap around £100MM before today's proposed acquisition, which will add another 8k boepd.

And based on some of your other income-seeking investments, DEC is well worth consideration. Although it's O&G sector, it's more like a utility - it doesn't drill or explore, it manages late life production and pays a 9% dividend (AFTER withholding tax) more than covered by cash flow almost entirely covered by hedges at twice the all up cost of production. All assets are gas, in US, resides in FTSE-250.

I can design and manage gardens too ;-) But I'm not as good at oil investment or mediterranean climate gardens as kaos.

Sorry for o/t, but no-one talks much about ALS here

[kaos3] 07/7/2021 09:35

OT I was in trin with mark at 3p (only 3 of us back then) and sold at 18p

but now I "plan" to get a lift in txp first and I observe trin for their sleeping (proven??) biggiee

on Mali - I do not understand geopolitics - French went in and out, coups, huge areas without rule of law, ALS in in bordering area

as long as it is small op (drilling) it is ok. but do you know the REAL risks? I know they exist but do not know what they are. My friend worked there and it is very fluid down there.

[skyship] 07/7/2021 09:25

I see Cora Gold (CORA), another player in S. Mali tops the leader-board today.

[skyship] 07/7/2021 09:21

Hmm - that one a bit too speculative for me. I have my low MCap oil interest with TRIN - already a producer so being well rewarded with oil at current levels; and a load of interesting projects in the pipeline.

[kaos3] 07/7/2021 08:45

I am planning gardens for the old age - simple and beautiful - and easy to take care of - its in the concept and suitable plants - low maintenance effort - more bushes than flowers, different grasses, cover up plants - so no weeds ----- and creating all over the year shades where needed, always some colour popping up to meet the eye...

look at i3e - atm - feeding frenzy

[skyship] 07/7/2021 08:39

kaos - ahh - could use your services here at my humble chateau in SW France. Gardens getting a bit too much for me as I stumble through the 70s!