Cindrigo Share Discussion Threads

[songig] 30/5/2023 18:45

"expected EBITDA"
what do you think it is? I think it should be at least 15 maybe as much as 20, any thoughts?

[pureinvestor] 29/5/2023 09:18

Cindrigo could have a great future.
Geothermal energy has very big advantages compared to solar energy and wind energy because Geothermal energy produces 24/7 regardless of weather and wind. With EUR 55 million in expected EBITDA in 2025, the share should reach USD 2 shortly. Communicated agreements on the website provide good growth opportunities.

[tomboyb] 24/4/2023 11:21

Will add Cindrigo to green tech list once it relists on the LSE -

https://uk.advfn.com/cmn/fbb/thread.php3?id=51378829

[songig] 11/4/2023 17:08

i like the part from
quote"A goal multiple of 10x EBITDA
2025E indicates a fair value of GBP 2.7 per share, whereas Ormat’s 36x
EBITDA 2025E indicates GBP 9.8 per share" (Ormat is listed in the US)
hxxps://www.emergers.se/wp-content/uploads/2023/04/CINDRIGO_e.pdf

[mustafa15a] 11/4/2023 13:29

https://www.cindrigo.com/investor-relations/shareholding/2 pounds and 66 pence

[songig] 08/4/2023 06:57

More info.
hxxps://www.emergers.se/cindrigo_e/

[tomboyb] 03/4/2023 13:05

First you have a deal with Petroline Energy LLC , an Abu Dhabi based energy company for the potential financing of up to £75 million, and now this -

I did look up Kaishan, its a massive company so cindrigo have the ability to do big deals-

Lets see what happens when they relist -

[songig] 03/4/2023 12:55

Now comes news in a row! are we getting close to relisting?

[tomboyb] 03/4/2023 12:09

April 3, 2023





Cindrigo Holdings Limited

('Cindrigo' or the 'Company')



Cindrigo signs Framework Agreement with geothermal industrial giant Kaishan



Cindrigo (LSE:CINH) is pleased to announce that, as part of its ongoing expansion strategy, it has signed a Framework Agreement with Kaishan Renewable Energy Development PTE LTD , a Singapore-registered company and member of the Kaishan Group ("Kaishan") (collectively the "Parties") to develop, finance, build and operate geothermal power plants (the "Framework Agreement").



The first project targeted under the Framework Agreement is the 20 MW project led by Cindrigo development companies on the Slatina 3 geothermal license in Croatia . Kaishan is the preferred turnkey Engineering, Procurement and Construction (EPC) contractor and Operations and Maintenance (O&M) contractor . Kaishan may also facilitat e 70% of this project's finance required subject to financial review .



Under the Framework Agreement, Kaishan has been granted P referred P artner and V endor status for each of Cindrigo ' s Project s in Europe. E ach Project will be managed by separate Special Purpose Vehicles (SPVs) and may be subject to separate a greements within the intent of the Framework Agreement. Services provided by Kaishan may include full "turnkey" EPC or parts thereof, including design and engineering, equipment supply and financing.



The strategic long-term cooperation approach adopted demonstrates an efficient, cost-effective and best-practice approach to developing the geothermal sectors where Cindrigo operates, first in Croatia. This will extend to Cindrigo projects in priority jurisdictions in Europe and globally as the foundation of a deliberate rollout strategy for Cindrigo's target portfolio of 1000 MW.



The Parties are now exchanging technical data on Slatina 3 and are committed to the aim of reaching Final EPC Agreement for Slatina 3 within Q2 2023.



Cao Kejian, Chairman of the Kaishan Group, said: "We see Cindrigo as a strong partner in the expansion of geothermal in new markets, initially in Croatia and the Pannonian Basin with other markets to follow. We strongly believe that together we can provide mutual support r and strengthen expansion in a very attractive market"



Lars Guldstrand, CEO of Cindrigo, said : "We are excited to be working with the Kaishan Group, a world-leader in geothermal. Kaishan has a long history of supplying equipment in Europe, the United States and globally and also operates a large portfolio of its own power plants. Like Cindrigo, Kaishan recognises the business opportunity that unlocking the huge potential of geothermal power in Europe offers.

[mustafa15a] 22/3/2023 10:46

This is what I am waiting for Cindrigo's common shares are pending readmission to trading at London Stock Exchange Main List ("LSE") with a Standard Listing.

[songig] 21/3/2023 19:45

Smile :)
https://www.investegate.co.uk/cindrigo-hldgs-ltd--cinh-/rns/-75m-finance-framework-agreement--petroline-energy/202303211800017723T/

[henke_a] 10/3/2023 12:43

Thanks for sharing Mustafa and Songig!

I do hinch when I hear the phrase ”are just waiting for the FCA” :)

But lets hope this is final!

[songig] 10/3/2023 12:35

Nice work!
I actually received the same info yesterday, but I don't dare write more :)

[mustafa15a] 10/3/2023 12:10

Posting this to save you from sending the company emails and to save the company from having to respond to all....I have had a positive interaction with the CEO and he would like to thank all the shareholders for their patience and assured me that we are in the final phase of getting the company back on the stock market and are just waiting for the FCA as we speak.....

[mustafa15a] 02/2/2023 10:36

The answer is yes if you are an institutional Investor with more than £250K I have his mobile number, I reached out to him last year and I messaged him again a year late Yawn indeed, we will just have to wait and see.

[songig] 01/2/2023 14:38

wow, how ugly. Ask instead if you can invest money in the company :)
Where did you ask the question, on twitter?
My source says next week!! yawn....

[mustafa15a] 01/2/2023 13:19

Hi all, does anyone have an update?I had reached out to the managing director Mustaq Patel to ask about returning to the London Stock Exchange and I can confirm that he read my message and........... Blanked me!!!

[mustafa15a] 30/12/2022 12:15

That's what I was referring to, a full restructuring to ensure they have funds, in order for the relisting to happen, let's hope it's happening soon!!!

[songig] 29/12/2022 16:13

My source, which I don't want to burden too much! says waiting for news (I thought it would come last week),
However, the below info came instead.

https://www.investegate.co.uk/cindrigo-hldgs-ltd--cinh-/rns/financing-financial-restructuring---trading-update/202212231230029469K/

[mustafa15a] 29/12/2022 15:58

Well the restructuring news is definitely a welcomed one

[songig] 20/12/2022 06:32

I'm so tired of waiting! answer to your question will come in 2-3 weeks (have we heard that before?).
But maybe, maybe with more than good news...

[mustafa15a] 20/12/2022 00:07

Does anyone have an update here?

[songig] 12/11/2022 20:01

FCA was NOT ready a week ago, apparently it takes a little longer ... however, everything should be ready before the turn of the year. surprise!
with the new information, you should probably take my source with a grain of salt.

[songig] 11/11/2022 21:23

FCA was completed a week ago, why it is delayed is currently a mystery!