Camco International Share Discussion Threads

[ch1ck] 12/12/2011 17:25

A 9% rise on a dire day in the market look like a positive reaction to me.

This could take a while to get moving mind you last time it went up like a scolded hamster.

Thanks for the Carbon post Hemel

[hemel] 12/12/2011 09:24

10 min delayed carbon prices. CAO has mainly CERs.

[ch1ck] 11/12/2011 16:25

Battle

You are right the agreement now includes the largest emitters China , India and the USA with implementation by 2020.


I expect price movement for carbon credit over the coming days and weeks now that this mile stone has been reached.

Surely this will be seen as a positive by the markets. Glad I bought last week.

[battlebus2] 11/12/2011 10:41

Climate change agreement with the U.S. today can only help. The way i see it there is no choice about climate change we must take action sooner rather than later and Camco certainly will contribute.

[moosh2] 11/12/2011 07:49

hemel...thanks. looks like CAO share price was rising alongside CER price then last 2 days? am i assuming it's in anticipation of Durban outcome? dunno. sucking it so will see.

all is clear again.

at least something was 'finalised'. don't know wot all the fuss is all about. why couldn't they just send a blanket email to all the delegates saying 'reduce carbon footprint or you'll get charged lots of tax if you don't. end of'. would've saved tonnes in carbon air miles. i suppose they have to justify their jobs somehows.

[hemel] 10/12/2011 17:40

moosh2 try here for historic CER prices

[moosh2] 09/12/2011 18:19

aren't they the CDC accruels? and thus linked to carbon price? dunno.

2 choices, if carbon price goes belly up, they have to increase activity in project+advisory services. if carbon price recovers over next few years, then woopsy-do.

TRE's carbon portfolio took a bit of a thrashing as per today's RNS, but they're still undervalued with today's carbon price. no point worry about wot 'could' happen to the carbon price, and just see wot the reality of the carbon price is today.

i can't find any historical data/charts for carbon price anywhere on google. anyone? all i see are point carbon prices for the odd day in the odd month, but not good enough - i need actual historical data....i want to try something.

and don't forget the dairy biogas thing was being made ahead of schedule. who knows, an RNS relating to that completion early next year could spark an share price turnaround?! or it might not. how does the revenue thing from that work with CAO? anyone know?

i think CAO is puntworthy....better punts than AAT and HTT imo lol.

[nick rubens] 08/12/2011 09:14

Current Assets shows debtors of £43.7m? up from £1m over five years?

Doesn't anyone pay them or something? I don't get it. Are these debtors some long term IOU's that accumulate and will never pay or something?

[spooky] 07/12/2011 22:58

I think there might be a few more 'inside' buyers if that was going to happen :-o)

[battlebus2] 07/12/2011 21:48

Anythings possible even a bid at 25p!

[hastings] 07/12/2011 21:23

I merely mention it as a possible!

[battlebus2] 07/12/2011 21:16

Don't see a delisting myself.

[hastings] 07/12/2011 21:09

Unless they de-list of course, a well worn scenario that is often played out depriving the retail investor of any upside!

[moosh2] 07/12/2011 13:03

sub 4p here we comes!

[rat attack] 07/12/2011 12:27

maybe the company is in a closed period - that would preclude directors from buying!!

[spooky] 07/12/2011 11:11

I am slightly surprised that we haven't seen any signs of director buying at these levels,if they don't think the shares are worth buying why should anyone else.

[battlebus2] 07/12/2011 08:26

Just sit tight if you don't need the money in the next two years. This will bounce back. Remember our Malaysian partners pain 20p not that long ago.

[ch1ck] 06/12/2011 08:24

The stock is falling because of a number of reasons.
1. The price of Carbon Credit is falling
2. People are being laid off in the specalist trading sector
3. The treaty on carbon cretitis due to expire in 2012.


A falling price isn't usually seen as being good news but it is.

Conceptually there are three ways to reduce carbon dioxide emissions. We could, for example, just tell everyone to emit less and throw them in jail if they refused: fortunately we've not gone down that route.

We could add a tax to emissions which is what some places like Australia have done. Or we could go the cap and trade route, which is what these permits are all about. Some central authority decides how much carbon dioxide (and equivalents, it's really CO2-e that we're interested in) can be emitted, issues that many permits and then people who wish to emit have to get hold of a permit to do so.

There's a general assumption floating around that higher prices for these permits are a good idea: high prices will, after all, increase the pressure to reduce emissions. However, that's not actually how prices work in a permit situation. We've already decided the emission levels we're going to allow: that's what gives us the total number of permits.

What the price of a permit tells us is not what pressure is there to reduce emissions but how easy is it to reduce emissions? A high price would show that it is difficult to reduce them: people are willing to pay the high price for the permit rather than stop emitting. Similarly, a low price tells us that people are finding it easy to reduce emissions. And this is excellent news of course: we want to reduce emissions, of course, but we want to do so with the least effort, at the least cost, that we can.

This is a relativly new market an is not widly understood and this fluctuation in staffing is inevitable but does not affect Camco role in the industry.

I find it impossible that the treaty will not be renewed and if any thing the fall in carbon credit prices make it more fesible that the treaty will be more restrictive and more likely the US will participate.

[ch1ck] 05/12/2011 08:36

Hemel

We have been here before, remember 2009 price was a little higher than today amid gloom and doom and then went up 300% in 2 months. I revisited the results today and all seems well with little debt but would have liked to see a more cash in the bank. I have just finished buying today and am very happy with sub 8p price

Hold the faith this is going to turn very soon.

[hemel] 02/12/2011 09:17

JPMorgan Follows UBS Cutting Carbon Jobs as Permits Plunge

Dec. 2 (Bloomberg) -- Investment banks are cutting traders and analysts in climate-related businesses as a slump in shares and carbon emission permits coincides with a deadlock in international climate talks.

more...



I hope this is the bottom of the market for CERs

[qvg] 29/11/2011 08:22

Stew James,
I was at the presentation - the CEO certainly did not say "when Camco took their business elsewhere, they suddenly decided the company was a sell". But it seemed to me that that is what he believed.