Apr Energy Share Discussion Threads

[younasm] 06/7/2015 11:59

Not sure how low these will go - will start with a small purchase at 105p

[seangwhite] 03/7/2015 09:37

Anyone have a clue as to how the banking covenants stand in view of the recent news on contractsVGLTA

[h2owater] 02/7/2015 08:42

Numis Securities Ltd Upgrades Apr Energy PLC to “Buy” (APR)

Posted by Jim Brewer on Jul 1st, 2015 // No Comments
Share on StockTwits

Apr Energy PLC logoApr Energy PLC (LON:APR) was upgraded by equities research analysts at Numis Securities Ltd to a “buy” rating in a research note issued to investors on Wednesday, Analyst Ratings.Net reports. The firm currently has a GBX 425 ($6.67) price objective on the stock. Numis Securities Ltd’s price target would indicate a potential upside of 269.57% from the stock’s previous close.

A number of other analysts have also recently weighed in on APR. Analysts at Jefferies Group raised their price target on shares of Apr Energy PLC from GBX 270 ($4.24) to GBX 290 ($4.55) and gave the company an “underperform” rating in a research note on Monday, June 15th. Analysts at Morgan Stanley reiterated an “equal weight” rating and set a GBX 330 ($5.18) price target on shares of Apr Energy PLC in a research note on Friday, June 5th. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Apr Energy PLC in a research note on Thursday, May 28th. Analysts at Citigroup Inc. downgraded shares of Apr Energy PLC to a “sell” rating and raised their price target for the stock from GBX 200 ($3.14) to GBX 300 ($4.71) in a research note on Thursday, March 19th.

Finally, analysts at Investec reiterated a “hold” rating and set a GBX 330 ($5.18) price target on shares of Apr Energy PLC in a research note on Tuesday, March 10th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Apr Energy PLC has an average rating of “Hold” and a consensus price target of GBX 309.14 ($4.85).
Apr Energy PLC (LON:APR) opened at 115.00 on Wednesday. Apr Energy PLC has a 52-week low of GBX 92.25 and a 52-week high of GBX 653.00. The stock’s 50-day moving average is GBX 304.91 and its 200-day moving average is GBX 296.65.
APR Energy PLC, formerly Horizon Acquisition Company plc, offers temporary power solutions on a fast-track basis to utility and industrial customers worldwide.

The Company’s fleet of deployable turnkey power plants can be utilized for applications, including supplemental base-load capacity, disaster relief, seasonal peak shaving, or unscheduled outages. The average duration of its contracts is between 12 and 18 months. During a contract it provides turnkey suites of logistics, engineering, installation, operational and maintenance services. APR has a diverse fleet of both reciprocating diesel and natural gas generators, as well as advanced mobile dual-fuel turbine units. Its solutions include distributed generation, peak shaving, and grid stability and support. In June 13, 2011, the Company through its subsidiary, APR Energy Holding Limited acquired APR Energy Cayman Limited and membership interests of Falconbridge Services, LLC.

[tsmith2] 02/7/2015 08:12

Struggling to buy meaningful amount, free float right...could well spike up today imo

[tsmith2] 02/7/2015 08:11

Fall significantly overdone..excellent contract win today

[bad robot] 30/6/2015 18:00

I have been saying 45p for about a month now.

I will get my price.

Hope this helps

[bad robot] 30/6/2015 16:25

closing 100p in auction

[bad robot] 30/6/2015 16:14

nice double digits tested today

I guess 50p is coming

[liam1om] 30/6/2015 16:03

I have no position here, I have in the past though, but I'm staying out until the next quarterly test takes place, which is due at the end of June.

I'd say, someone has got wind of what might be in that test?

[safman] 30/6/2015 15:52

Is this worth a punt?

saffy..

I'll take that with pinch of salt..Fairly dire warning last statement..

[effortless cool] 30/6/2015 15:38

Wow - someone certainly knows what is going on. I expect we will see heavier volume in delayed trades.

[liam1om] 30/6/2015 15:36

Wow what a drop a very light volume, anyone know whats going on?

[quidzinn] 30/6/2015 15:36

Did they just win a contract in Tunisia ???

Q

[bad robot] 25/6/2015 21:24

Looks like double digit is coming

[m.t.glass] 25/6/2015 07:46

Se last week's comment by Questor (Daily Telegraph)

[m.t.glass] 23/6/2015 12:24

APR Energy plc stock takes another plunge


Monday, June 22, 10:37 AM EDT

By Mark Basch, Contributing Writer
www.jaxdailyrecord.com
APR Energy plc’s stock plunged again last week after the Jacksonville-based company said, again, that earnings will be “significantly below market expectations.”

This follows a sharp drop in late 2014 after the company warned that last year’s results would be below expectations because of a pullout from its operations in Libya.

APR provides interim power plants around the world, including some risky situations like Libya. After writing off its operations in Libya because of turmoil there, APR reported an operating loss of $702.5 million last year.

In a statement last week, APR said one reason for its lower expectations for 2015 earnings is “demobilization costs in Libya that have been higher than expected despite the significant progress made to date in extracting the majority of assets.”

The company, which didn’t give any numbers for its projections, also said earnings are being impacted by unfavorable foreign exchange rates, a situation that is affecting all U.S. companies that do business overseas.

However, the biggest issue is “delayed negotiations and long lead times associated with projects the company is pursuing,” APR said.

“The company’s guidance at the beginning of the year was predicated on an expectation that contracts being pursued would have a financial impact by the fourth quarter of 2015. While those opportunities still exist, and the market for interim power solutions remains strong — particularly in Asia Pacific and Africa — customer decisions about deals in the pipeline have been pushed out until later in the year,” it said.

APR said it is in compliance with covenants of its bank loans but delays in revenue could cause it to miss certain covenants later in the year.

Jefferies analyst Will Kirkness said in a research note last week that there is a “realistic possibility” that APR could breach its loan covenants by the fourth quarter.

“The company will now have to renegotiate with the banks (again), absorbing further management time,” said Kirkness, who has an “underperform” rating on APR’s stock.

Kirkness also expressed concern about a second announcement made by APR Tuesday that Chief Operating Officer Brian Rich is resigning for “personal reasons.” Rich joined the company in 2012 and was promoted to COO in May 2014.

“We are concerned that disruption in the business development team at this key point will be unhelpful, especially as no replacement has yet been announced,” Kirkness said.

Although APR is headquartered in Jacksonville, its shares trade on the London Stock Exchange. The stock dropped 89.25 pence to 259.25p (which is $4.11 as of Monday morning) Tuesday after the announcements, a 25.6 percent fall.

The stock continued to drop in the days after the announcement and fell as low as 181.51p on Thursday.

The shares had traded above 1000p at the beginning of 2014

[bad robot] 18/6/2015 15:44

Afernoon BT

Not too bad. Very busy with Mr DAX. I did not touch this today.

[bulltradept] 18/6/2015 14:13

Afternoon BR, tis true, but Mr Market will decide!

Only watching currently. Hope you are well.

[bad robot] 18/6/2015 14:09

why?

Is it because it will be down 66% from 400p?
My price is 45p


bulltradept 17 Jun'15 - 18:38 - 518 of 526 0 0

At £1.60, it could be wortha punt.

[bad robot] 18/6/2015 14:08

Sanky

Just don't get your right nut gets smashed here? You have only one ball left after that afr disaster.


IN BR WE TRUST

[m.t.glass] 18/6/2015 09:01

Good luck to all who remain on board for further falls. Or rises. I may well be back but happy to watch for the moment..

[m.t.glass] 18/6/2015 08:55

banking my shorts

[m.t.glass] 18/6/2015 08:55

-and all bouncing it up a bit now :-)

[m.t.glass] 18/6/2015 08:47

- and now all of them bidding well below 200