Energiser Investments Share Discussion Threads

[the_alchemist] 01/9/2017 11:53

fair enough Encarter , we are on to a winner whilst the BOD decide!

[the_alchemist] 29/8/2017 18:34

thanks encarter,yes but like elsewhere they are probably slowing. The company already announced plans to sell the properties. I guess the million dollar questions is when is the best time to do this ? might housing prices start to stagnate , or only grow marginally , and might ENGI get considerably more than a 2-3 % return by selling and investing proceeds in the new micro storage venture (and for us current shareholders,minimising requirements fund raise elsewhere with dilutive consequences.

[encarter] 29/8/2017 15:33

House prices are still rising in the area so only good news to come.

[the_alchemist] 29/8/2017 10:57

lets hope so and that this is not a false dawn
I hope we can get the Housing stock sold soon (before any further housing market corrections) and once the capital from this shows on the books and in parallel with development/roll out of micro self storage model , i think we should really fly and move past the psychological 10 p price quite quickly. All imho. I believe we will get there and our Board have the experience of making these things actually happen. Obviously caution is needed as many dynamic /market factors can upset the applecart but i think risks will have been carefully considered before any strategy implemented.

[spot1034] 29/8/2017 10:42

We have lift off!

[waldron] 27/8/2017 00:27

3356/5000
Reichelt elektronik, the European leader in online electronics, presents the study carried out by OnePoll, a member of the ESOMAR association, concerning the equipment of French households in the field of electricity.

Completed at the end of May 2017 with 1,000 people, the study indicates that 1 French household out of 5 has an obsolete or inadequate electrical installation. 20% of households are equipped with electrical installations more than 25 years old, an upgrade to standards is required ...
The increase in electrical load requires suitable installations

The use of electronic appliances, from household appliances to smartphones, has evolved exponentially over the last two decades. Electrical installations and wiring are becoming more and more demanding, but they are not always up to the task: with 4 outlets on average per room, 34% of respondents report signs of electrical overload at home.

18 years old is the average age of electrical installations in French homes. This means that they were designed before the onset of connected home technologies and other energy-consuming appliances. These installations were therefore not designed to withstand electric loads like those observed in households today ...
Securing your facilities means preventing hazards

The OnePoll study for reichelt indicates that the 25-34 year olds are most affected by electrical overloads: 47%, compared with only 9% for those 55 years and older. Since electrical overload is the main cause of fire, electric shock, or other damage, it is imperative to check that the electrical installation is suitable, up-to-date and regulated.

However, 21% of respondents are not aware of the dangers of electric overloads and 15% do not intend to change their electrical installations for new ... figures that are worrying ...

Boursier.com

[grupo guitarlumber] 26/8/2017 09:05

11/10/17 Détachement de dividende intermédiaire

[maywillow] 12/8/2017 09:05

11/08/2017 | 3:27 p.m.

Gas is a multifaceted energy. An overview of the different forms it can take.

Natural gas: abundant natural energy

Natural gas is an energy derived from the decomposition, for millions of years, of organic matter such as plankton or algae. It is 95% methane. The reserves are abundant and the subterranean or submarine deposits widely distributed throughout the world.

It is transported to consumption areas in two ways:

Either in gaseous form, in buried steel pipelines and then in distribution networks: natural gas.
Either in liquefied form, at a temperature of minus 160 ° C to reduce its volume: it is called Liquefied Natural Gas (LNG). It is transported in LNG tankers and then regasified in specialized LNG terminals to be injected into the transmission or distribution network.

The combustion of natural gas mainly emits steam and emits no soot, dust or smoke. It generates 30% less carbon dioxide (CO) than fuel oil and 45% less coal, less nitrous oxide (NO) and very little sulfur dioxide (SO).

Biogas at the heart of the circular economy

Locally, the transformation of fermentable organic matter from various sectors (agricultural, industrial, catering waste, municipal waste, etc.) produces biogas. This renewable gas can be directly used as fuel in industrial boilers or to supply district heating networks.

It can also be purified to obtain the same quality as natural gas: it is then called "biomethane" or "green gas". Once odorized, controlled, counted, and regulated pressure, it can then be injected into the distribution network to lend itself to the same uses as natural gas: heating, cooking, production of hot water, etc. It can also be used as biofuel for vehicles.

Biomethane, an alternative and renewable energy

Biomethane allows waste to be valorised in a circular economy and to reduce greenhouse gas emissions. Indeed, wastes naturally produce methane by degrading. Their collection and treatment avoids these emissions in nature and transforms them into clean energy. The greenhouse gas emissions balance for the use of this energy is therefore virtually neutral because the CO produced by the recovery of biomethane has previously been captured by the degraded organic materials.

Thanks to new technologies, second-generation biomethane can also be produced from ligno-cellulosic biomass (wood and straw). This process is in the state of research & development. ENGIE is mobilizing its R & D on the subject, notably through the construction of the Gaya platform.

In the longer term, microalgae will be grown, which will also produce 100% renewable gas: this is called "third generation" biomethane.

Biomethane in Europe

In Europe, Germany leads the way in biogas production, with 10,000 GWh injected into the grids for 190 units. The United Kingdom is second with 2,000 GWh injected and 51 units. These countries benefit from attractive feed-in tariffs and produce crops dedicated to the production of biogas, enabling them to benefit from more homogeneous raw materials in order to industrialize their biogas recovery processes and digestation residues (Digestat).

In France, biomethane production is part of the strategy for developing renewable energies. The French law of 17 August 2015 on the energy transition for green growth stipulates that 10% of the gas consumed in 2030 is of renewable origin. In 2017, 31 sites are injecting biomethane into the natural gas distribution network operated by GRDF. ADEME expects that 500 to 1,400 sites could inject between 12 and 30 TWh / year of biomethane into the networks around 2030. This represents the energy needed to heat 2,500,000 households and supply 55,000 buses or trucks.

Source: GRTGAZ

[sarkasm] 08/8/2017 17:36

ENGIE E&P UK reports first gas at Cygnus Bravo in the southern North Sea
8/8/2017

ABERDEEN -- First gas has been exported from Cygnus Bravo, the satellite wellhead platform in the Southern North Sea’s Cygnus development, operated by ENGIE E&P UK Limited.

On the morning of Tuesday, Aug. 1, first gas from Bravo was exported 7 km southeast to Cygnus Alpha, which itself has been at a plateau of 250 MMcfd since Dec. 13, 2016. Combined output then travels from the Alpha processing unit, 150 km off the coast of Lincolnshire, via a 55-km link to the Esmond Transmission System – which ultimately lands at the Bacton gas terminal in Norfolk.

The overall Cygnus complex comprises four platforms and two subsea structures, serving an estimated field size of 250 km2. It contributes 5% of UK gas production; sufficient to heat the equivalent of 1.5 million UK homes.

Maria Moraeus Hanssen, CEO of ENGIE E&P commented: “This is a major milestone for the Cygnus development. It is a very successful achievement; well controlled and safely delivered. I want to congratulate all the teams that have been involved.”

“Gas from this second drill center will contribute significantly to extending the plateau production that Cygnus Alpha has been achieving for the last eight months,” she added.

Bravo first gas was delivered from well B5 in one of the platform’s 10 well slots, out of 20 across the whole Cygnus complex. A further three Bravo wells are expected to come online during August with a total of five available in 2018, after drilling of well B1 is completed.

Over 80% of the contract work during Cygnus construction was secured by British businesses, supporting more than 5000 jobs at peak. Cygnus represents a significant boost to the UK’s long term energy security, with an estimated 2P (proved and probable) reserves of 110 MMboe and an anticipated production life exceeding 20 years. In addition to output from the complex itself, the partners are evaluating further opportunities in the Greater Cygnus area with the aim of bringing additional volumes through Cygnus when capacity becomes available.

Equity interests are operator ENGIE E&P UK Limited (38.75%) and partners Centrica (48.75%) and Bayerngas (12.5%).

[grupo guitarlumber] 08/8/2017 11:17

The European Union should be more active in finding alternative gas supplies, as the United States will be actively pushing its liquefied natural gas (LNG) into Europe, according to the CEO of German energy major Uniper.

Read more
© Tobias Schwarz US sanctions won’t stop Russia’s pipeline project to Europe – analysts

"The core reason (for the sanctions) are strategic economic interests, meaning the targeted dominance of the US in energy markets," Uniper CEO Klaus Schaefer said on Tuesday.

Uniper is among five European energy companies who have invested in the extension of the Nord Stream pipeline from Russia to Germany. The other four are ENGIE, OMV, Shell, and Wintershall.

The Nord Stream-2 pipeline plans to double the delivery capacity of Russian natural gas to Germany from the current 55 billion cubic meters per year.

According to Schaefer, US shipments are 50 percent more expensive compared with European reference prices.

"Nobody wants to pay such a premium," he said.

Last week, US President Donald Trump signed sanctions targeting Russia's oil and gas sector. The new measure means Washington could now penalize European investors in Russian energy projects.

Senior officials in Germany have spoken against the sanctions and promised retaliation if European companies' interests are hurt.

Trump has been seeking American "energy dominance." In June, the first US tanker carrying LNG arrived in the Polish port of Swinoujscie.

As a group, the countries aim to diversify energy supplies, reducing their dependence on oil and gas provided by Russia.

[grupo guitarlumber] 08/8/2017 09:58

(Boursier.com) - Bryan Garnier's team of analysts refines Tuesday its model on Engie, a title still recommended for purchase for a price target raised from 15 to 15.50 euros. This revaluation reflects the progress of the transformation plan, in particular the change in the scope (deconsolidation of Engie E & P) and new exchange rate assumptions. For Bryan Garnier, the French energy company is ahead of its roadmap with 11 billion euros of assets sold out of the 15 billion euros projected at the end of 2018, while its strategic activities are resilient.

[maywillow] 06/8/2017 21:53

Calendar

30 Sep 2017

Exhibition VFB in Ghent in Belgium
02 Oct 2017

Shareholders meeting at Nice
13 Oct 2017

Payment of the interim dividend 2017
09 Nov 2017

Financial information as of September 30, 2017

[ariane] 04/8/2017 21:12

4/08/2017 | 8:40 p.m.

BERLIN (AWP / AFP) - The head of the German diplomacy, Sigmar Gabriel, said on Friday that the sanctions adopted Wednesday by Washington against Russia aim in part to counteract the supply of Russian gas to Europeans.

"Mixing so frontally foreign policy and economic interests and saying" we want to get Russian gas out of the European market "is certainly something we can not accept," Gabriel told a meeting with his Slovak counterpart at Wolfsburg (north).

These sanctions, voted by an overwhelming majority in the US Congress and promulgated reluctantly by President Donald Trump on Wednesday, have been denounced by Moscow but are also criticized by Brussels because they can affect European companies and in the long term its gas supplies Russian.

At the center of these concerns is the Nord Stream 2 project for the construction of a gas pipeline between Russia and Germany via the Baltic Sea, developed by the Russian giant Gazprom and five European groups: the French Engie, the Germans Uniper (ex- EON) and Wintershall (BASF), the Austrian OMV and the Anglo-Dutch Shell.

The provisions adopted on Thursday would give President Trump the possibility of sanctioning companies working on pipelines coming from Russia, for example limiting their access to US banks or excluding them from public procurement in the United States.

dar / az

[ariane] 04/8/2017 20:41

Claude Leguilloux, published on 04/08/2017 at 09h46
Engie: innovation

(Boursier.com) - Engie is closed this Friday on the 13.70 euros, while Credit Suisse has adjusted up its target price on the record to 13.2 euros. The group's organic growth was 2.6% in the first half of 2017, with a turnover of 33.1 billion euros. On the same basis, EBITDA rose 4% % To 5 billion euros and current operating income of 2.5% to 3 billion euros.

Recurring net income Group share showed solid organic growth of 15.5% at 1.5 billion euros. On the other hand, operating cash flow contracted quite sharply, from 4.7 to 3.5 billion euros. The group explained that it is making progress towards a more innovative, efficient and sustainable structure, as it is ahead of its transformation plan set for the period 2016 to 2018. In particular, The portfolio turnover program is 73% complete, while the investment program is 85% secure. Finally, the current performance program is already 90% complete. Net debt decreased by E1.2 billion in six months, to 22.7 billion euros (20.9 billion euros excluding internal E & P debt).

Confirmation

Engie confirmed for the current financial year a recurring net profit attributable to the group of between 2.4 and 2.6 billion euros, expected to be in the middle of the range and a net debt / EBITDA ratio of 2.5 times or less. The continuation of the credit rating in Category A is also part of the commitments.

Finally, management still promises a dividend of € 0.70 per share for 2017, payable in cash. "The first half of 2017 was marked by a strong commercial momentum and a very good performance of our growth engines," said CEO Isabelle Kocher, while low-carbon electricity generation, infrastructure and solutions Now account for 90% of EBITDA.

[market master] 04/8/2017 14:31

Dominic White posted a squawk about ENGI

10:37 04 Aug

Its been a good week looking at potential sites with the Micro Self Storage business in Central London. They now have several in the pipeline. Strong focus is on making the first site work well in terms of location and operating technology, so that it can achieve high occupancy quickly. Once the first site works well, the company will repeat the model and scale up across a number of sites. Similar methodology to how Pure Gym has grown its network of urban gyms from zero to more than 150 over ten years.

[ariane] 04/8/2017 12:41

Aymeric Val, published on 04/08/2017 at 12h11
Engie: Credit Suisse revalues ​​but remains cautious

(Boursier.com) - The team of analysts of Credit Suisse takes stock this Friday on Engie following the results of the S1 recently published by the group. The Swiss broker is pleased with the improvement of the recurring profitability, embellished which leads him to raise his projections. But the increase in its profit estimates for the period 2017-2020 does not prevent the research office from reiterating its doubts about the energy company, considered less dynamic than its peers in terms of the growth of its turnover. Crédit Suisse also believes that the prospects for the recovery of Engie's profits are now dependent on the ability of management to increase financial returns on scheduled investments. Verdict: the broker renewed his "neutral" opinion on Engie for a target raised from 12.60 to 13.20 euros

[grupo guitarlumber] 02/8/2017 08:34

RETURN OF ORGANIC GROWTH
Engie on Friday released half-year results, which were marked by a return to organic growth, notably through its savings measures, and highlighted progress in implementing its three-year transformation plan.

The group also confirmed in a press release that it targeted for 2017 a recurring net profit group share of between 2.4 and 2.6 billion euros, specifying that this indicator was expected in the middle of the forecast range.

This objective is based on an EBITDA estimate of between € 9.3 billion and € 9.9 billion, taking into account the ongoing sale of oil and gas exploration and production activities, said Engie.

The producer and supplier of gas and electricity, also very active in energy services, underlined that, as part of its € 15 billion sales plan for the period 2016-2018, it had so far announced For 11 billion of asset sales, of which 8.0 billion are already recorded as of June 30.

Still under the three-year strategic plan, Engie has also "secured" 85% of its growth investment program and "identified" 90% of its savings program of 1.2 billion euros.

For the first half of the year, the Group posted recurring net income of € 1.5 billion (+ 4.2% gross, + 15.5% organic), EBITDA of € 5.0 billion (-0.1% gross, + 4.0% organic) and sales of € 33.1 billion (+ 1.6% in gross terms, + 2.6% in organic terms).

The results were driven notably by its "Lean 2018" savings program, asset commissioning in Latin America and the performance of its thermal power generation business in Europe and Australia.

The first half of the year allows "to confirm (...) the strategic choices of the group to ensure its growth over the coming years," said its general manager, Isabelle Kocher, quoted in the release.

The 2016-2018 plan calls for Enge to invest in low CO2-emitting activities, refocus on networks (mainly gas) and offer new integrated offerings while reducing its exposure to raw materials and energy prices.

The Engie stock closed on Thursday with a price of 13.745 euros, a gain of 13.4% since the beginning of the year after a decline of 25.8% in 2016.

(Benjamin Mallet, edited by)

[maywillow] 01/8/2017 17:41

30 Sep 2017

Exhibition VFB in Ghent in Belgium


02 Oct 2017

Shareholders meeting at Nice


13 Oct 2017

Payment of the interim dividend 2017


09 Nov 2017

Financial information as of September 30, 2017

[maywillow] 01/8/2017 17:07

The medium-term medium-term support zone of 15.16 EUR should enable the Suez Environnement share to resume momentum in the short term.
We can position ourselves with the purchase to aim the 16.3 €.
Strong points

The stock is evolving near its long-term support in weekly data, located at EUR 14.66, thus offering a good timing of intervention.
From a graphic point of view, the timing appears timely near the support of 15.16 EUR.
The company benefits from attractive valuation levels with a relatively low EV / CA ratio compared to other listed companies in the world.
Investors seeking performance will find this a major investment.
Analysts are clearly optimistic about the outlook for revenues and have recently revised upwards their estimates in terms of business development.
Over the past 12 months, expectations of future revenues have been revised many times upward.
Analysts are positive about the stock. The average consensus recommends buying or overweighting the value.
The average price objective of analysts based on value is relatively remote and implies considerable potential for appreciation.
The trend in weekly data is positive above the support zone of EUR 14.66.


Weak points

The company has a tight financial debt position and does not have significant investment margins.
Analysts who cover the issue have recently revised down their profit estimates.
Lately, the group no longer has the favor of analysts. The latter have largely revised downwards their estimates of results.
Over the past 12 months, the momentum for revisions to earnings is largely negative. In general, analysts now expect profitability below their estimates a year earlier.

[grupo guitarlumber] 31/7/2017 03:54

1443/5000
Nord Stream 2 French Engie could suspend funding in the event of US sanctions

The French group Engie could "not continue to finance" the project Nord Stream 2 gas pipeline between Russia and Germany if the United States passed the law introducing new sanctions against Moscow, said a leader of the French group yesterday. "We may not continue to fund this project so as not to be subject to sanctions," said Pierre Chareyre, in charge of Engie's LNG business, in a conference call.

However, he said, "we are not yet in this situation," adding that, as things stand, "the law on sanctions is not retroactive, so only future transfers of funds would be It was definitively adopted. This gas pipeline project is being developed by the Russian giant Gazprom and five European groups including Engie.

They pledged to finance 10% of the project cost, estimated at 9.5 billion euros (11.15 billion dollars). The new US law would give President Trump the ability to sanction companies that work on pipelines from Russia, for example limiting their access to US banks or excluding them from US government procurement.

This provision could therefore theoretically penalize the European groups involved in the project.

[sarkasm] 29/7/2017 08:05

PARIS (ENGI.FR) - French energy giant Engie (ENGI.FR) announced Friday that it has won, via its subsidiaries Engie Green, La Compagnie du Vent, CNR and Solairedirect, ten photovoltaic projects in France The framework of the second session of solar calls for tender organized by the Commission for the regulation of energy.


These projects represent 94.59 megawatts (MW) of installed capacity on the 500 MW allocated, said Engie in a press release.


"The selected projects have all been developed in consultation with local stakeholders and will use local providers as a priority and will be located only on non-agricultural land and for the most part degraded," the group added, 2 gigawatts (GW) of solar capacity installed in 2021, compared to more than 600 MW currently.