Contourglobal Share Discussion Threads

[rolo7] 10/3/2022 15:16

Yep i added recently could they just take this private for 250p

[woodhawk] 10/3/2022 13:38

Glad to see this finally starting to move up, just like the rest of my renewables. Could we be on for a breakout? Maybe some news on the funds from the Brasil sale in the prelims next week? Special divi?

[woodhawk] 19/2/2022 10:44

A rare bit of coverage...

"Power generator ContourGlobal (LSE: GLO) has the wind in its sails at the moment. In December it upgraded its profits guidance for 2021 thanks to better-than-expected performance from one of its Spanish natural gas plants. I don’t think this dividend stock’s just a great buy for today, though. I reckon it’s a good way to make money from soaring energy consumption around the globe.

ContourGlobal builds and operates power stations across Europe, Africa and Latin America. Demand for its services should hopefully grow as population levels increase and economic output in emerging markets takes off. I also like this particular energy producer because of its growing focus on renewable energy. This could help its share price rise over the long term as the theme of responsible investing takes off.

But I’m aware that today ContourGlobal trades on a high forward P/E ratio of around 29 times. A premium share price always leaves a company in danger of sinking if earnings forecasts start to look a bit flaky. A project delay is one danger that could send ContourGlobal’s share price reversing sharply."

[woodhawk] 14/2/2022 18:44

Indeed, Linton5, you're right. Back to sleep. One day it will surprise me!

[linton5] 14/2/2022 16:40

Lol woodhawk you jinxed it there still playing pretty patterns here

[rolo7] 14/2/2022 12:46

Yep same here with bres and dkl flat Tesco up to, safe boring stocks best?!

[woodhawk] 14/2/2022 11:50

Astonishingly this is about my only share that's blue today - some stealth buying going on? Results with hopefully news of a special divi from the huge Brasil sale and regular ex-divi too, both due next month.

[rolo7] 09/2/2022 18:44

double bottom on chart plus postive divergence see what happens

[woodhawk] 09/2/2022 17:10

Well there's the divi to look forward to, plus a poss special from the Brazil sale after that.

[scrwal] 09/2/2022 16:57

It's a bit one step forward , one step back and fifty sideways.

All a bit disappointing that it is back at the June 2020 level for no real reason.

[linton5] 09/2/2022 16:04

This will boom no idea when but consolidated for so long keep tucking away under this price

[gateside] 03/2/2022 23:05

Doh! - I see now I was looking at 2021

Why do they have 2021 dates under "Next Events"?

I hope they run their company better than their website?

[gateside] 03/2/2022 22:24

Thanks for highlighting the RNS which says the 18th

As their website says the 19th



You'd think a FTSE250 company would be able to keep their website up to date!

[aleman] 03/2/2022 17:30

18th March in the RNS link above.

[scrwal] 03/2/2022 16:50

18 March 2022 per GLO website but the site itself is a bit clunky.

[gateside] 03/2/2022 13:12

Final results not till 19th March

[gateside] 03/2/2022 13:10

One for the long term then. Oh well!

[linton5] 03/2/2022 12:58

Yes definitely woodhawk thought she had broken out from its slumber back to sleep under my rock for another year

[woodhawk] 03/2/2022 12:37

Oh, well, that didn't last long. Pathetic.

[woodhawk] 01/2/2022 12:37

Whatever the reason, it's good to see some positive share price action here.

[linton5] 01/2/2022 10:11

The sale from Brazil proceeds news must be due creating compelling value for shareholders (exciting to say the least 🎯

[gateside] 31/1/2022 13:14

Bought in today for my wife's SIPPHopefully purchased at a good price.

[woodhawk] 27/1/2022 13:23

This is actually creeping up a bit! Will it last? Can I contain my excitement?

[bothdavis] 25/1/2022 15:16

Think you will find that a global sell off due to the Ukrainian crisis is more to the point!

[divmad] 25/1/2022 15:06

People are waking up to the incredibly high financial gearing of this company, in its pursuit of 15% EBITDA.