Camco International Share Discussion Threads

[hemel] 11/6/2011 16:58

In March, trading of AgCert's shares on the Alternative Investment Market in London were suspended at the company's request.

The company's difficulties came about when it sold more credits to carbon producers than it could deliver because the technology did not live up to expectations and the UN changed the methodologies of calculating carbon credits.

Not a good business plan as it had to buy the credits at market price to meet the contracted volumes - but it didn't have the dosh!

[dabaldek abbas] 11/6/2011 16:34

i wouldn't pay a huge amount of attention to kenneth, gents. he is almost certainly certifiable

[6kenny] 11/6/2011 16:03

here they are!!

[rivaldo] 11/6/2011 14:17

This from friday is rather more relevant methinks:



Broker view: Singer says Camco has "significant potential"
4:24 pm by Jon Mainwaring

Camco creates carbon credits from renewable energy schemes around the world
Singer Capital Markets said it still sees significant potential upside to its "conservative" valuation of 32 pence per share for green energy group Camco International (LON: CAO) after data from the United Nations showed progress with the firm's projects at the start of June.

The house broker says that its valuation includes nothing for the value of contracted post-2012 carbon credit revenue, the US AgPower business nor the SE Asia joint venture above the cash held by that joint venture.

The UN's Clean Development Mechanism data showed that three additional Camco projects have been registered, with a design total of 448,000 tons of carbon credits pre-2012 and 2.3 million tons over the 2012 to 2020 period. This takes the total number of registered projected to 62 with a further 43 known to the UN awaiting further progress, which makes for 89.7 million pre-2012 and 253.3 million post-2012 total carbon issuance.

Camco has a further six projects that have been submitted for registration and this process is now taking around three months on average, according to the house broker. Meanwhile, the firm has a further 34 projects known to the UN where a unique identification number has been allocated, which may eventually progress to registration.

For the this year Singer estimate total turnover produced by the group will be €38.5 million (2010: €30 million), while adjusted pre-tax profit is expected to come in at €7 million (2010: €3.5 million).
For next year turnover and profit is forecast to come in at €39.7 million and €7.8 million respectively.

At 1:43pm on Friday Camco's shares were trading lower by 7.2 percent at 20.05 pence each."

[battlebus2] 11/6/2011 12:55

Exactly Bailliej if we needed advice we would ask for it. How in the name off green credentials could we go bust on the profit we made in the last half? If i was brave enough to buy into these two years ago i don't need to worry now with trading and agreed projects through the roof ! Ask Henderson fund managers if they are going bust. Arghhhhh it's too stupid to be even wasting time discussing.

[bailliej] 11/6/2011 11:15

Thanks faceless stranger called Kenny - I've seen the light, sold the lot, withdrawn from the market and cashed out.

I've sold all my possessions and bought a place high in the mountains where I'm going to hunt, grow my own vegetables and fish in the cool mountain streams.

I owe it all to you faceless Kenny.

Even though you didn't provide any facts, figures or reasoned argument to support your rather lame assertions ...

Thanks Kenny. Your the man!

Lets move on shall we?

[divinausa1] 11/6/2011 10:12

i think i would of remembered a stock if i had lost a packet on them..

[shauney2] 11/6/2011 03:32

Yes kenny
Name of company and period of time you invested ?

[1chunk] 11/6/2011 00:00

You keep mentioning this 'similar share' but why dont you name it kenny ?

Regards,

[divinausa1] 10/6/2011 23:38

Thats the risk you take on the stock market Kenny
dont put all your eggs in one basket..

[6kenny] 10/6/2011 22:35

the similar share to this I invested in that went bust was very similar to this, it DID have a cash pile, it DID have a good story and it DID have nice broker notes with high share price targets.....IT WENT BUST and many of us lost our shirts.

[battlebus2] 10/6/2011 17:20

Thanks Kimball808 plenty of upside to their target of 32p.

[kimball808] 10/6/2011 16:53

more to come...

[rat attack] 10/6/2011 16:51

Tell me about it!!

[divinausa1] 10/6/2011 14:12

Profits are thin on the ground in this market for traders
its Friday they have to cash in somewhere and CAO has had a decent
rise to bag some gains.

It aint going to go up in a straight line

[napoleon 14th] 10/6/2011 14:10

So?
It nearly doubled in four months!
If nobody ever took profits there wouldn't be a market at all.
Now that WOULD worry me, but a pullback after a very big move up doesn't.

If it gets back to 18/19p I'l look to buy more.

[battlebus2] 10/6/2011 14:10

The fall is due to my previous post reference the delay in replacing Kyoto. There will be a bridging plan so only a temporary shake long term no need to panic!

[rat attack] 10/6/2011 13:57

Oh dear IC is always kiss of death!!

[moosh2] 10/6/2011 13:23

timber!!!!!!!!!!!!!!!!!!!!!!

[mj19] 10/6/2011 13:17

10% fall nearly no news....

[kimball808] 10/6/2011 10:21

They say you must buy...

[mj19] 10/6/2011 09:47

well rome wasnt bulit on no volume for sure, spoke too soon here it comes

[rat attack] 10/6/2011 09:27

Guys Rome wasn't built in a day!! This wont get to 30 until year end at earliest - will need another set of good figures to get a push up.