Camco International Share Discussion Threads

[ch1ck] 21/8/2012 08:32

Raided the piggy bank again tody and bought again, when this goes it will be massive I am telling all my friends to get in before it gets picked up by the markets.

All the trades to day so far are buys even though they are showing as a mixture of buys and sells.

I can see 10p rise once this gets media coverage.

[nw99] 21/8/2012 08:05

More good news when will the market wake up to the value of this stock

[battlebus2] 21/8/2012 07:43

All positives recently.

[gingerplant] 21/8/2012 07:32

This is worth over 2p per share on its own.

[howdlep] 21/8/2012 07:16

yes excellent news for the balance sheet and the last sentence sums things up very nicely

[cwa1] 21/8/2012 07:08

Some nice news:-



Receipt of $6m clean energy grant
Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions, is pleased to announce that its US operation has received a grant from the US Treasury of approximately $6m.
The grant has been awarded in connection with the construction of its 4.5 MW anaerobic digester, completed on time and ahead of budget earlier this year, at a 15,000 head dairy farm located in Jerome, Idaho. The digester produces biogas from cow manure that is then used to produce renewable electricity.
The grant was received under the federal grant programme funding established by the American Recovery and Reinvestment Act of 2009.
The majority of the funds received will be used to repay a loan which was used to fund part of the construction of the project.
Scott McGregor, CEO of Camco said:
"This grant resulted from the hard work, experience and commitment to deliver projects that we have based in North America. With a strong pipeline of projects, proven project development expertise, and the ability to successfully finance projects, Camco is well positioned to become the leading developer and owner of agriculture biogas plants in the US in the years ahead."

[gerryjames] 15/8/2012 12:53

Obviously. But for now.

[muckshifter] 15/8/2012 12:50

Not necessarily true gerryjames. They can sell more at any time that suits them, and if you were selling 10%+ of a company, you surely wouldn't attempt it all at one go would you?
We'll have to wait and see if that is it or not.
Regards.

[gerryjames] 15/8/2012 11:49

You're right about the new percentage, however they only have to issue a holding RNS when the selling or buying is over. One rns two thresholds crossed, selling over.

Good luck.

[ashtree2] 15/8/2012 11:33

have they stopped selling?Tudor still have 10.7%..correct me if this is wrong

[gerryjames] 15/8/2012 11:14

Might go north now they've stopped selling.

[ch1ck] 13/8/2012 09:33

Bought again today at these lows. I have been topping up below 5p this has so much potential and has been completly ignored by the market.

Every RNS has shown the company is moving forward definatly my hottest stock for potential future returns.

[howdlep] 13/8/2012 09:18

one or two buys and the share price begins to move up. A great opportunity here imo given the low market cap and cash reserves. Now lets see if we can break above 5.12p and attract the momentum traders

[howdlep] 13/8/2012 07:07

Excellent news. One for the bell at hese levels?

RNS Number : 8217J
Camco International Ltd
13 August 2012



13 August 2012



Camco International Limited

("Camco" or the "Company")

Camco South East Asia to develop 2 megawatt biogas project in Malaysia

Camco International Limited (AIM: CAO), a global developer of clean energy projects and solutions to reduce greenhouse gas emissions, is pleased to announce the first biogas clean energy project for Camco Southeast Asia ("Camco SEA").

The 2MW biogas project, based at a leading palm oil mill in Palong, Pahang state, Malaysia, will use anaerobic digestion to recover biogas containing methane from palm oil mill effluent ("POME"). The project will be amongst the largest of its type to date to generate electricity for supply to the Malaysian national grid.

Camco SEA has acquired the rights to develop the project through the acquisition of Biopower Climate Care Holding SDN Bhd a fully owned subsidiary of Rhodia Energy GHG (France). Camco SEA will continue the construction of the project, with completion of the plant expected in early 2013. Total costs anticipated to be incurred by Camco SEA in developing the project to completion, including the above acquisition, are anticipated to be approximately US$4 million.

Waste, including POME, from the region's 1,000 plus Palm oil plantations is a significant issue for plantation owners, local communities and the region in general and contributes significantly to total emissions. As a result, the Malaysian government recently introduced a renewable energy feed-in tariff to incentivise the conversion of waste into power and it is expected over the coming years that Palm oil producers will come under increasing pressure to reduce waste from their production processes.

The project is being developed under a 13 year build-own-operate-transfer ("BOOT") agreement with the mill owner commencing upon the plant's completion. Under this agreement, the mill owner will provide sufficient POME feedstock free of charge covering the full contract period. Once operational, the plant will generate revenue from the sale of electricity to the grid and from the sale of carbon credits generated under the UN clean development mechanism. The mill owner will receive a portion of the power and carbon sales under a revenue share agreement.

The electricity will be sold to the grid through a renewable energy power purchase agreement ("RE PPA") to be entered into with one of the Malaysia utilities, under the renewable energy feed-in tariff which sets a guaranteed off-take price for the duration of the project (see www.seda.gov.my for further details).

The Palong project is an important milestone for Camco SEA and represents a significant step towards its goal of developing and owning a portfolio of emissions to energy projects across Southeast Asia. With a strong pipeline of future projects and significant project development expertise and local knowledge, Camco SEA is well positioned to deliver on its strategy and become the leading player in the emissions to energy market in the region. The project will be funded directly from existing cash resources within Camco SEA.

Kent Carter, Managing Director of Camco Southeast Asia said:

"I am very pleased with our acquisition of the Palong biogas project, as it strengthens Camco SEA's market position in the biogas development business, one of the fastest growing areas of renewable energy development in the region."

Scott McGregor, CEO of Camco said:

"I am excited to see our strategy of developing and owning clean energy assets extending to South East Asia. Strategically the biogas industry in South East Asia is a key sector to reduce emissions across the region and with our experience and resources available globally we are well positioned to lead this sector."

[27howard] 01/8/2012 22:12

Trading some way below cash again !

[napoleon 14th] 01/8/2012 08:55

I thought I did! LOL.
Sold out a while ago & still watching.

[diku] 30/7/2012 22:10

Hope you guys understand this business because I don't!.....

[garth] 30/7/2012 10:23

Thanks cwa1

[qvg] 28/7/2012 13:29

david
something in September would be very useful

[cwa1] 27/7/2012 16:54

Special Business
FOR
AGAINST
ABSTAIN
9 THAT the directors be and they are hereby empowered to allot and issue equity securities as if the pre-emption provisions relating to, inter alia, the allotment of shares in the Company contained in Article 2.9.1 of the Articles
of Association of the Company did not apply to any such allotment provided that this power shall be limited to the allotment of equity securities up to a maximum number of 18,967,809 equity securities (representing 10% of the issued share capital of the Company on the date of this resolution). This authority is in substitution for all subsisting authorities conferred to the extent unused.


10 THAT Resolution 9 above when duly passed is valid effective and binding on the Company and was properly proposed by the directors of the Company notwithstanding that the directors have not complied with Article
2.13.3 of the Articles of Association of the Company.

[garth] 27/7/2012 16:51

Can anyone tell me what special resolutions 9 and 10 were that were withdrawn ahead of the AGM and not put to shareholders?

G.

[davidosh] 27/7/2012 16:49

It was in my diary and I did attend last year but the centre of London on the day of the olympics opening seemed a bad idea. I may try and set something up with the company in September.

[gingerplant] 27/7/2012 15:47

Did anyone go to the AGM?

[edale] 11/7/2012 17:09

The previous CFO was only appointed in January, do we know why he left ???

Camco International Ltd

26 January 2012

26(th) January 2012

Camco International Ltd

("Camco")

Director and senior management change

The Board of Camco International Limited ("Camco") announces that Emmanuel Walter will join the company as Chief Financial Officer with effect from February 1(st) 2012 and that Yariv Cohen, President, has today stepped down from the Board.

Jeff Kenna, Acting Camco Chairman said "I would like to thank Yariv for his help in turning round the business over the last few years and wish him every success."

Emmanuel Walter joins from Alstom where he was CFO of Alstom Grid in Shanghai. Previously he has held senior financial positions in ABB Power Product and Alstom Power Service both in China.

Emmanuel is an ACCA fellow and has BSc in Applied Accounting, an MBA in Business & Administration and a degree in Electrical Engineering.

"Emmanuel brings a wealth of financial experience working in the power sector in China, a key market and geography for Camco and will be a strong addition to our team. I look forward to working with him as part of our senior management team as we expand our clean energy business." Scott McGregor, CEO, said.

Enquiries: