Anglo-eastern Plantations Share Discussion Threads

[lobby ludd] 15/4/2008 14:33

Not going to happen today then. Supppose when you own more than 50% of a company you can take a somewhat cavalier attitude to keeeping other shareholders informed, eg. nobody at AEP has bothered to update the 'financial calendar'', which is still showing last year's dates.

[bountyhunter] 15/4/2008 08:22

they could still be out today I suppose as although 7-8am is usual it's not mandatory

[hvs] 15/4/2008 08:13

Chilltown,

I was hoping for today at the least but looks like they are still sorting out the admin sissue they mentioned.

[thepopeofchillitown] 15/4/2008 07:58

"hvs - 4 Apr'08 - 12:11 - 642 of 667

Just thought I should share this. Company told me today that due to some
admin hicuppc results will be out by 15th April at the latest and could be
by end on next week."

Where are the results?????????????????

Hopefully it's taking longer than expected to count all the money!

[ppowerscourt] 14/4/2008 15:06

Yes, melody9999. Best of luck to us here for tomorrow.

[melody9999] 14/4/2008 13:50

well one thing that is not falling is the palm oil price!

[ppowerscourt] 14/4/2008 13:44

down on small vol. sells

Why does that S.A. Mbeki keep supporting Mugabe?

[hvs] 13/4/2008 19:15

Zimbabwe is not relevant

Its RUSSIA

[lobby ludd] 13/4/2008 18:00

Zimbawe election or AEP ? Both overdue.

[hvs] 13/4/2008 12:59

Hi all holders,

I thinks its results tomorrow.

[ppowerscourt] 11/4/2008 09:19

Hello everybody,

Stepped in here from 610p a few days ago and topping up small scale ever since. I think the slide other than MM actions can be due to the following factors:

1. Chartwise the share price has to come down from the recent high of 700 in order to consolidate for a little while until the indicators can be readjusted to take-off mode again. (look at the weekly MACD and MA's etc. above)

2. One opinion (post taken from elsewhere) below could either be true or not true entirely; sentiments can be effected sectorwise but lasting how long will be a guess:

New reasons to be suspicious of ethanol

OFFICIALS in Tampa, Florida, got a surprise recently when a local firm building the state's first ethanol-production factory put in a request for 400,000 gallons (1.5m litres) a day of city water. The request by US Envirofuels would make the facility one of the city's top ten water consumers overnight, and the company plans to double its size. Florida is suffering from a prolonged drought. Rivers and lakes are at record lows and residents wonder where the extra water will come from.

They are not alone. A backlash against the federally financed biofuels boom is growing around the country, and "water could be the Achilles heel" of ethanol, said a report by the Minneapolis-based Institute for Agriculture and Trade Policy.

The number of ethanol factories has almost tripled in the past eight years from 50 to about 140. A further 60 or so are under construction. In 2007 President George Bush signed legislation requiring a fivefold increase in biofuels production, to 36 billion gallons by 2022.

This is controversial for several reasons. There are doubts about how green ethanol really is (some say the production process uses almost as much energy as it produces). Some argue that using farmland for ethanol pushes up food prices internationally (world wheat prices rose 25% this week alone, perhaps as a side-effect of America's ethanol programme). But one of the least-known but biggest worries is ethanol's extravagant use of water.

A typical ethanol factory producing 50m gallons of biofuels a year needs about 500 gallons of water a minute. Most of that goes into the boiling and cooling process, which is similar to making beer. Some water is lost through evaporation in the cooling tower and in waste discharge. All this is putting a heavy burden on aquifers in some corn-growing areas.

Residents went to court in Missouri to halt a $165m facility being built by Gulfstream Bioflex Energy LLC which was projected to draw 1.3m gallons of water every day from the Ozark aquifer. Projects are being challenged in Minnesota, Iowa, Nebraska, Kansas and in central Illinois, where eight ethanol facilities are situated over the Mahomet aquifer. Demand for corn is such that more land is also being ploughed up in drier regions of the Great Plains states to the west of the corn belt, where irrigation in required, increasing water demand further.

The good news is that ethanol plants are becoming more efficient. They now use about half as much water per gallon of ethanol as they did a decade ago. New technology might be able to halve the amount of water again, says Mike Fatigati, vice president of Delta-T Corp, a Virginia company which has designed a system that does not discharge any waste water. But others are sceptical. "There are things you can close loop [ie, recycle efficiently] and things you can't," says Paul Greene, a senior director for biofuels with Siemens Water Technologies, designers of the water-purification technology used in ethanol factories. Perhaps ethanol just isn't as bio-friendly as it looks.

[melody9999] 10/4/2008 12:43

PO price looks like it may be on the move up again

[woracle] 09/4/2008 10:11

Its going up and down as shares do..AEP can be pretty volatile as its so illiquid. This allows MMs to do what they like to adjust positions... I use it to my advantage to build my long term position.

[spaceparallax] 09/4/2008 10:04

What's going on with the sp?

[melody9999] 09/4/2008 09:40

MMs forcing the price down again but not many sellers

[woracle] 08/4/2008 15:57

So the MMs went fishing for more shares to sell when the results come in ;)

[mitzis] 08/4/2008 15:44

This has a good chance of finishing up.

[woracle] 08/4/2008 14:17

What the MMs did was fraudulent imv.. on the one hand drop price to trigger stop loss and spreads but not allow to buy in any volume. Its a false market and this sort of thing should be investigated.

[melody9999] 08/4/2008 13:47

good for you woracle - its sods law that today I'm in the office (day job) AND I forget my mobile so difficult to trade. would have grabbed a few more around 540 but could not get any online until 575

[woracle] 08/4/2008 13:34

I do have a stop loss on the spreadbet but its wide enough to cope with the usual AEP volatity. Decent price on spreadbet too at 538.

[melody9999] 08/4/2008 13:29

not one for those that rely on stop losses then!

[woracle] 08/4/2008 13:29

Managed to accumulate more in 2 lots at 540 and 555 and a few spreadbets.. the MMs just dont wanna sell in any quantities without charging massive premiums.

[mitzis] 08/4/2008 13:11

Yes thats correct 150 shares if your lucky.

could be a good time to buy.

[woracle] 08/4/2008 13:10

usual volatility.. very hard to buy in any quantity still..

[mitzis] 08/4/2008 13:10

its down 10%..