Share Name Share Symbol Market Type Share ISIN Share Description
Contourglbl LSE:GLO London Ordinary Share GB00BF448H58 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 226.00p 224.00p 226.00p 226.00p 218.00p 218.00p 1,222 10:17:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy - - - - 1,515.81

Contourglbl Share Discussion Threads

Showing 351 to 372 of 375 messages
Chat Pages: 15  14  13  12  11  10  9  8  7  6  5  4  Older
DateSubjectAuthorDiscuss
05/6/2018
16:24
Dog-like in its performance given current markets...........
soundbuy
16/5/2018
19:10
UK income seekers may want to take a look at ContourGlobal (GLO), which was one of the largest companies to float on London’s main market so far this year when it made its debut on 9 November. The US-based power generator raised net proceeds of £281m via an institutional offering, giving it a market capitalisation of £1.68bn, or 250p a share. Part of this has been used to pay down debt, with the remainder retained to fund future growth. ContourGlobal’s parent has reduced its holding to 73 per cent in the process. The shares began unconditional trading on 14 November. Founded by chief executive Joseph Brandt 12 years ago, ContourGlobal owns and operates 69 power generation assets across 19 countries. During that time, it has grown by acquiring and developing assets in countries with insufficient generating capacity, including Brazil and parts of sub-Saharan Africa. It also entered the European market via a partnership with Coca-Cola Hellenic to operate co-generation facilities. As of December 2016, adjusted cash profits were split roughly 59 per cent to 41 per cent between thermal assets (plants that use conventional fuels) and renewable assets (plants that primarily use wind, solar and hydropower). However, the renewables business is growing at a much faster rate – it represented just 12 per cent of adjusted cash profits in 2014 – as management has ramped up investment in the renewable asset base. GLO:LSE ContourGlobal PLC 1mth Today change 2.44% Price (GBP) 252.00 This is unsurprising. The IEA, a Paris-based energy agency, pointed to 2016 as a watershed for renewables; a year in which 164 gigawatts of new renewable energy capacity came online globally. That represented triple the amount of new gas-fired power plants, and more than twice the volume of coal. The group focuses exclusively on long-term wholesale contracted power generation. Roughly 95 per cent of forecast revenues from existing projects between 2017 and 2021 will come from feed-in tariffs, long-term contracts or other regulated service payments. Its contracts had an average remaining term of around 12 years at the end of June. Management said the structure of these power purchase agreements limits its exposure to fluctuating power prices and fuel costs, for example by writing in fuel cost pass-through mechanisms. Scaling up its portfolio of assets has delivered impressive revenue and cash profit growth. During the two years to the end of 2016, adjusted cash profits grew at a compound annual growth rate (CAGR) of 20 per cent. Meanwhile a strong cash conversion rate – as the cost of capital has come down – resulted in a CAGR in funds from operations of 26 per cent during the same period. That bodes well for Contour’s income potential. Management plans to pay shareholders an initial dividend of $17.5m (£13.2m) for the first six months of 2018, totalling between $70m and $80m for the full year. Based on the total number of shares in issue at the time of the IPO, that would give the shares a rough yield of between 3.2 and 3.6 per cent on the issue price. Management says it intends to grow the dividend annually at a minimum high single-digit percentage rate during the next five years. IC View As an internationally diversified energy generation group, Contour offers UK investors a tempting chance to play the increasing trend towards smaller-scale distributed generation from diverse sources. As is typical for many power generation and utility groups, Contour has a high level of net debt – $2.1bn, or 4.8 times adjusted cash profits at the end of 2016. But management expects this to reduce to four times by the end of this year. What’s more, the group is in high-growth mode – it plans to double adjusted cash profits earned in 2016 by 2022, without returning to the market. Given the structural changes under way in global energy markets, and with the shares trading in line with the offer price at the time of going to press, we reckon Contour is worth a closer look.
cyfran101
16/5/2018
19:10
http://www.contourglobal.com/ http://www.contourglobal.com/ipo-portal
cyfran101
13/8/2007
20:14
got the money, thnaks and good nite everyone
mikecoxhard2
18/7/2007
13:57
cbb was only 3 years late!
masterjunior12
26/6/2007
08:08
Well, not the offer I thought but at least something has finally happened. Would have preferred 90p but 20% up is better than 20% down :( For those who haven't noticed, the offer is from Spring Group who, I think, was oen of the predateurs spotted by CBB. Boring REG
boringreg
13/6/2007
13:00
will networkers international buy glotel?
cornelious billy bee
04/6/2007
12:55
waiting for the bad results
cornelious billy bee
22/5/2007
17:35
the market is saying results will be bad
cornelious billy bee
10/5/2007
14:23
thanks god, I reduced, not looking good
cornelious billy bee
09/5/2007
18:05
there was a notcie of a results well before, I dont think they will be good, heard some bad thinbgs about them losing A LOT of people, and the $$ weakness and the fact profit warning come in threes, I reduced my holding in GLO
cornelious billy bee
08/5/2007
16:39
CBB , the results last year was on 5th June are you getting June mixed up with May?
25cent
08/5/2007
16:05
does NOT LOOK Good for results
cornelious billy bee
01/5/2007
02:37
all sells at the moment
cornelious billy bee
19/4/2007
17:04
results Very late
cornelious billy bee
17/4/2007
14:26
weak dollar no good for glotel
cornelious billy bee
11/4/2007
15:04
tradinf update was on the 11th April 2006 should be any time soon,
cornelious billy bee
10/4/2007
16:59
anyone else hear that a few big billers have left to set up on their own? worrying for my i vestment Also they have moved from leicester square to paddington? I hear the UK division may not be faring too well
cornelious billy bee
10/4/2007
15:20
any results or news of results?
cornelious billy bee
02/4/2007
14:56
more barclay increase in holding.
cornelious billy bee
02/4/2007
14:33
when are results due
cornelious billy bee
28/3/2007
16:45
is glotel just a poor mans version of a rec compnay, seems to have completely missed out on the rises that almost all its peers have experienced
cornelious billy bee
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