Corcel Share Discussion Threads

[rmart] 11/8/2021 09:40

Corcel clearly beleive the target price is achievable. 19p.

[rmart] 11/8/2021 09:06

just waiting for news. It will come soon and on a few different projects.

[bmcb5] 11/8/2021 09:03

I don't plan to make a habit of it. There's no discussion here anyway so not much point

[rmart] 11/8/2021 08:44

A company agreeing with a broker target price yes.

[lurker5] 11/8/2021 08:36

A company agreeing with its 'target price' ? How long have you been investing ? Have you ever taken an IQ test ?

[rmart] 11/8/2021 08:27

Perhaps they promote the research note because they agree with its target price?

Then again, you know better on all matters mast which is overvalued by 7x according to you although somehow keeps it’s market cap, and Corcel.

Laughable. Corcel will go to double figures on financial close on Avonmouth

[rmart] 10/8/2021 14:53

Ah, they found a paid member to copy and paste, class.

[lurker5] 10/8/2021 12:44

Scottie & Co are, of course, guilty of misrepresenting the value to Corcel of their 'projects' It is all very well to say Align's so-called 'Research' conclusion is the latter's responsibility. But Scott et al pointed investors to it (and paid for it), and haven't corrected the 'market' impression that Align's 'target' is valid. Neither have they corrected the market's misinterpretation of the relationship (not) - between Corcel and a fully up and running project. That to my mind makes them liable to be reported to the FCA for aiding and abetting - and for sharholders who lose from following Align's 'target' to sue - somebody, probably Align and Corcel.

[helpfull] 10/8/2021 11:57

The development fee is about as much as Corcel will squeeze out of Tring Road and Avonmouth. Scottie has put a figure on it. £2.1 million minus costs of £500,000+. That is the value of 115MW of peakers in the Corcel portfolio. Be careful.

[lurker5] 10/8/2021 11:32

Quite. That's merely a 'development' fee. Its nothing to do with the needs of the projects themselves or whether the latter will 'belong' to Corcel (which they won't unless Corcel puts up its share of the capital cost). Which for the Avonmouth project will probably be circa £40m, and for Burwell probably north of £150m. Even if financed by loans, they will take away a big chunk of the '£67-101k pa per MW boasted 'gross' margin. What's left will only 'belong' to Corcel if it puts up the equity share of the capital cost - likely to be 20% of the total. Where will that come from ? Nobody will tell you. Let alone the dunce at Align

[helpfull] 10/8/2021 10:46

A value for Tring Road and Avonmouth? You don't need to involve Mast Energy. My granny used to say it you want information go to the horses mouth and if there is no horse a donkey will do. So listen to the interview twixt Stockbox and Scott Kaintz from a few weeks ago, just after ten minutes.

Scottie says Corcel expects financial close at Tring Road and Avonmouth in September this year. Believe it, if and when you see it. He gives a development fee to Corcel of £600,000 for Tring Road, and £1,500,000 for Avonmouth. That's £2,100,000 for what some people say is 115MW of the Corcel portfolio. Minus the costs to Corcel which would be £540,000 and rising. That's about £1,500,000 for 115MW (or 85MW since Corcel only has a 40% interest in Tring Road). No need to denigrate Mast Energy which is levels above Corcel.

Corcel has a market capitalisation way above the value of its peaker and battery interests. Does it have any battery interests now after the Burwell fiasco? Be careful.

hxxps://stockboxmedia.com/podcasts/podcast-with-corcel-plc-ceo-scott-kaintz/

[kemche] 10/8/2021 09:12

Which reminds me - is it fundraising o'clock yet?

[lurker5] 10/8/2021 09:09

I've known all about AIM and its predecessor for more than 30 yrs Mr Mart. Its why when I see a share being puffed by some 'analyst' paid by the company, to some totally unscientific 'value', I warn the inexperienced dreamers that, eventually, (Can't say when - it depends how many dreamers there are still to be sucked in) they will lose their shirts. CRCL has similarities with Kibo (look at its share history) and MAST is controlled by the same Kibo which puffed its own 'value' in almost exactly the same way as it then did MAST (and later by an unbelievably incompetent analyst who then worked with Clear Capital to puff MAST's value) Look at all the other 'project' related shares on what you call 'the market'. They all spike when dreamers misunderstand that most value of their project when built won't belong to them and will be diluted to almost zilch along the way - and then see a long, slow, crash. KIBO appeared so attractive and 'undervalued' that some unfortunates have lost all the personal pension funds they put into it. As bystanders always have to say "You have been Warned !" And Beware what 'market' you're talking about ! For these companies its always a 'market' composed of the uninformed, some of whom don't even understand what 'dilution'means.

[rmart] 10/8/2021 08:56

Genius : lurker5 9 Aug '21 - 19:52 - 1841 of 1845

Mast should be valued at around its £3m 'asset' value.

Just wanted to save that one for later.... Current Market cap £21m

[rmart] 10/8/2021 08:11

So lurker5 says Mast is 7x over valued! And he wants people to take him seriously! Anyway even if you go with his ridiculous valuation we have mast at 3m with max 20mw and Corcel have 135mw so even based on his silly assumptions Corcel should be £21m and 6p per share.

[rmart] 10/8/2021 07:37

Lurker5, who should I take more notice of? The real stock market which values mast at £22m or a free acc bulletin board know all who hates Corcel and mast?

Mast raised money from investors (obviously in your eyes all thick) and listed on the stock market. Whilst you just want to appear clever and tell everyone how wrong they are.


Another thing, if you really believe Corcel cannot run it’s share price to double figures then you are the one who knows nothing about AIM.

[lurker5] 09/8/2021 22:53

The 'purchase' prices for these projects bears no relation to what they will cost to build, or their 'value' once built. What they consist of until then (ie now) is merely the right to develop them which means raising the finance. After that, and after the build funds have been injected, some 'promoters' will try to convince you they are 'worth' the NPV of future profits (the part belonging to the equity shareholders of whom MAST/CRCL might be one). Which is never the basis on which stock market investors 'value' a share but is usually 3 times exaggerated. This is where the MAST and Crcel puffers (and their dupes like Mr mart) go completely and hilariously wrong demonstrating they haven't a clue how these projects actually work.

Here's a hint for them. Just to get them started on the road to understanding (its only a start)
1) Google and thoroughly read up 'Project Finance'
2) Ditto 'SPV's (Special Purpose Vehicles)
Then look up 'equity share' and try (although doesn't look likely they can) to THINK

[kemche] 09/8/2021 20:36

Expect a bristling rmart with some puerile reply.
incoming.......

[lurker5] 09/8/2021 19:52

Mast should be valued at around its £3m 'asset' value. Mast and CRCL have each got to raise the 'cost' of their shares of the power SPV's. They have no value until built. Estimated build cost is just shy of £0.75m per MW. Probably £3m per MW for battery combined. Equity contribution probably 20% of build cost. They haven't told you that have they ? If little or no equity contribution, the project and asset loan repayments will take a big chunk of revenue - and therefore of value when built. As for Corcel - its also got to raise whatever is needed for Mambare or the DSO operation. Big dilution coming along for both cos, so no professional will touch.

[kemche] 09/8/2021 19:49

rmart, Are any of these any good?:

[rmart] 09/8/2021 18:38

The kids are out to play again on the other board. Trying to make their little bit of mischief, oohhh they are naughty little rascals.

[rmart] 09/8/2021 18:35

Here is my profile on Twitter, nothing secret there is there ?

AKA rmart on advfn and Torreaguas on LSE. Just looking for some decent companies to hold for multibag opportunities.