Contourglobal Share Discussion Threads

[golden_eagle] 25/1/2022 14:44

What's going on here then?

Any Ukraine exposure?

[linton5] 25/1/2022 14:14

Keep coming glo ball 🌻

[flagon] 24/1/2022 11:24

Added a few circa < 183p for the dividend pot

[elsa7878] 20/1/2022 19:29

Anyone know why the depreciation charge is so far in excess of capex? Surprised how low capex is bearing in mind the number of plants they have.
If you remove the depreciation charge and just use capex (for cashflow) purposes it does throw off huge dollops of cash.
Second question: How do they handle the huge increases in coal, oil and gas prices. Can they pass it on or do they supply under fixed price contracts. As they have recently upgraded I assume they have flexible pricing contracts.
Thanks.

[linton5] 20/1/2022 16:28

Well I’m here till the end on this one woody I retired in October so will appreciate the dividend anyway

[woodhawk] 20/1/2022 16:22

I hope you're right, Linton5.

[linton5] 20/1/2022 16:09

What a bargain this is in my eyes of course, after today’s rns you won’t have long under £2

[woodhawk] 20/1/2022 10:16

Oh, well, be nice to get a special divi too! But still in the doldrums as far as the share price is concerned.... yawn.

"(Alliance News) - ContourGlobal PLC on Thursday said it has agreed to sell its hydro-electric generation business in Brazil to Patria Investments for BRL1.73 billion, about USD313 million.

The price tag includes the assumption of debt, so the net proceeds to ContourGlobal will be USD110 million. The company said it will decide whether to return the cash to shareholders or reinvest it once the deal closes, which is expected in the second quarter."

[linton5] 20/1/2022 10:00

Aye totally agree woodhawk going for more if they keep taking her down, to good a price

[woodhawk] 20/1/2022 08:45

Baffling. I'll just keep pocketing the divis then...

[linton5] 20/1/2022 08:34

Surprise surprise we haven’t moved hahaha superb news for Contourglobal,makes you wonder eh 🌻

[neilyb675] 20/1/2022 07:40

special divi imo

[pejaten] 20/1/2022 07:37

Good to see disposal very much on track. I was starting to give up

[linton5] 19/1/2022 10:16

Clear as day now it’s getting kept here nailed to the floor ☝️

[woodhawk] 18/1/2022 20:36

I've given up trying to understand wtf goes on with this share!

[divmad] 18/1/2022 19:40

How can the last price quoted here be 183.8 when the low quoted for today's range is 184.4?

[linton5] 13/1/2022 16:41

I’ve come to realise this share is one of the most manipulated I’ve seen, watched so many closing bells on it, incredible

[woodhawk] 12/1/2022 14:53

I've taken a few more myself this afternoon.

[linton5] 12/1/2022 14:08

Ok I’ve took the bait that’s me a shareholder 3.23p dividend last year and increasing this year every quarter,NOT to be sniffed at. This share reminds of an old one called international power 10 years ago that got goballed up as was to cheap

[sam 4224] 12/1/2022 13:45

Cobfusing, I bought more today on dip. 7.7 per cent dividend and think price will firm

[woodhawk] 12/1/2022 13:43

Nor me, baffling.

[linton5] 12/1/2022 13:23

Still meandering this stock always keeping an eye on it I can’t for the life of me know why its stagnating with nice results and divi. Ready anyway

[rolo7] 13/12/2021 13:30

Shame there's not many plants in Europe

[linton5] 13/12/2021 12:32

I think this company is one of the cheapest going in the right sector nice divi long term this could be taken out in my books

[scrwal] 24/11/2021 12:57

The price per MW looks ok but the EBITDA return seems on the low side.

Buying such assets seems to currently attract a premium.