Energiser Investments Share Discussion Threads

[grupo guitarlumber] 23/9/2018 17:12

24 Sep 2018

Climate week New York



14 Oct 2018

Mondial Paris Motor Show

[grupo] 21/9/2018 15:33

PARIS (Agefi-Dow Jones) - Engie announced on Friday that its recurring net income group share for 2018 is expected to be "at the bottom" of the range of 2.45 billion to 2.65 billion euros previously announced by the gas and electricity supplier, following the extension of the downtime of two nuclear units in Belgium.


The group's Belgian subsidiary, Electrabel, on Friday revised the schedule for two of its units, extending the Tihange 2 ruling until 1 June 2019, against a resumption on 31 October 2018 before, and the Tihange 3 until March 3, 2019, against a previous date of resumption on September 30, 2018.


"Based on the announcement made today, the availability rate of Belgian nuclear power plants is expected at 52% in 2018. For 2019, the availability rate is expected at 74%," said Engie in a statement.


"These revisions to the calendar represent an impact of around € 250 million in 2018 on EBITDA and net recurring income," said Engie.


Delays in the schedule of revisions to the Belgian nuclear fleet were originally announced last June.


Engie has also confirmed its 2018 objectives on the net debt / Ebitda ratio and on the dividend.


In July, the group had already confirmed targets for a ratio of net financial debt to Ebitda of 2.5 times or less and a dividend of 0.75 euros per share for 2018 payable in cash.


-Alice Doré, Agefi-Dow Jones; [phone]; [e-mail]; ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


September 21, 2018 09:48 ET (13:48 GMT)

[la forge] 21/9/2018 07:13

Tihange, it's still stuck. Engie has reportedly failed to get Tihange-3 to restart the Belgian nuclear regulator by 30 September, according to the Dutch-language press.

[sarkasm] 19/9/2018 16:46

19 Sep, 2018 Home News and Announcements

Josh White
WebFG News
18 Sep, 2018 08:47 18 Sep, 2018 08:47
Grainger signs on Engie Regeneration as main contractor for Newbury scheme
national rail british rail logo
National Rail signBy grassrootsgroundswell (British Rail logo) [CC BY 2.0 ],
Grainger
303.60
16:29:53 19/09/18
-0.78%
-2.40
FTSE 250
20,489.02
16:29:59 19/09/18
0.15%
30.75
FTSE 350
4,103.06
16:29:58 19/09/18
0.37%
14.94
FTSE All-Share
4,053.68
16:29:58 19/09/18
0.36%
14.69

Listed residential landlord Grainger has appointed Engie Regeneration as the main contractor to its Newbury PRS scheme, which is expected deliver 232 new homes for rent and improved pedestrian access from Newbury train station to the town centre.

The FTSE 250 company said construction on the scheme, being developed by Grainger in partnership with West Berkshire Council and Network Rail, was expected to begin before the end of the calendar year and complete in 2021.

It said the signing of the construction contract at Newbury signified an increase to Grainger's secured PRS investment pipeline by £61m.

Grainger expected the scheme to generate a gross yield on cost in excess of 6.25% once stabilised.

It described Newbury as an “attractive location” for investment, due to its “strong” employment and “well-serviced” transportation links, and with major improvement works underway by Network Rail.

“We are pleased to announce this key milestone for our Newbury PRS scheme, which increases our secured investment pipeline to over £800m,” said Grainger chief executive officer Helen Gordon.

“This scheme will deliver 232 high quality new homes for rent to Newbury, and it will significantly improve the gateway to Newbury and connection to the railway station and station amenities.”

[waldron] 07/9/2018 17:40

Total
51.99 -0.08%


Engie
12.255 -0.20%

Orange
13.625 +0.93%


FTSE 100
7,277.7 -0.56%
Dow Jones
25,949.86 -0.18%
CAC 40
5,252.22 +0.16%


Brent Crude Oil NYMEX 76.19 -0.50%
Gasoline NYMEX 1.95 -0.52%
Natural Gas NYMEX 2.77 -0.25%



BP
536.9 -0.79%



Shell A
2,443.5 -0.77%


Shell B
2,479 -0.86%

[waldron] 06/9/2018 17:31

Total
52.03 -0.95%


Engie
12.28 -0.53%

Orange
13.5 -1.03%

FTSE 100
7,318.96 -0.87%
Dow Jones
25,961.16 -0.05%
CAC 40
5,243.84 -0.31%

SBF 120
4,215.72 -0.27%
EuroStoxx 50
3,295.95 -0.61%
DAX Index
11,955.25 -0.71%


Brent Crude Oil NYMEX 75.96 -1.53%
Gasoline NYMEX 1.93 -1.39%
Natural Gas NYMEX 2.78 -0.64%



BP
541.2 -0.93%


Shell A
2,462.5 -1.78%


Shell B
2,500.5 -1.77%

[waldron] 05/9/2018 17:19

Total
52.53 -2.05%


Engie
12.345 -1.95%

Orange
13.64 -1.45%

FTSE 100
7,383.28 -1.00%
Dow Jones
25,925.82 -0.10%
CAC 40
5,260.22 -1.54%


Brent Crude Oil NYMEX 77.40 -0.54%
Gasoline NYMEX 1.96 -1.21%
Natural Gas NYMEX 2.82 +0.28%



BP
546.3 -1.19%


Shell A
2,507 -1.14%



Shell B
2,545.5 -1.30%

[waldron] 04/9/2018 19:48

Total
53.63 -0.94%


Engie
12.59 -0.08%

Orange
13.84 -0.79%


FTSE 100
7,457.86 -0.62%
Dow Jones
25,940.11 -0.10%
CAC 40
5,342.7 -1.31%


Brent Crude Oil NYMEX 78.09 -0.10%
Gasoline NYMEX 1.99 -1.82%
Natural Gas NYMEX 2.82 -1.33%



BP
552.9 -0.14%


Shell A
2,536 -0.51%


Shell B
2,579 -0.62%

[sarkasm] 04/9/2018 17:06

Synthesis

The company presents an interesting fundamental situation in a short-term investment perspective.


Strong points

The current zone is a good entry point for investors interested in the issue in a medium / long term perspective. Indeed, the title evolves near the support of 12.27 EUR in weekly data.
Prices are closer to daily data support at around EUR 12.34, giving good timing.
The company enjoys attractive valuation levels with a relatively low EV / CA ratio compared to other listed companies around the world.
The company enjoys multiple attractive results. With a PER of 12.14 for 2018 and 11.32 for 2019, the company is one of the cheapest on the market.
The company is part of the yield values ​​with a relatively large expected dividend.
Analysts are positive on the title. The average consensus recommends buying or overweighting the value.
The gap between current prices and the average price target of the analysts covering the file is relatively large and implies a significant appreciation potential.


Weak points

The group is among the companies whose growth prospects appear weakest according to estimates analysts.
In the past, the group has often disappointed analysts by publishing activity figures below their expectations.

[grupo guitarlumber] 03/9/2018 19:07

3/09/2018 | 11:29
Analyst Oddo BHF today announced that it will maintain its 'buy' recommendation on the Engie title, while lowering its price target from 16 to 15 euros due to 'temporary constraints'.

'In an environment of rising energy and CO2 prices Engie recorded a disappointing month-on-month performance with a decline of 8.6% when the Utilities sector as a whole dropped only 4.3% and the sub-segment sensitive to the market price (EDF, Verbund, Fortum and RWE) recorded an average performance of + 3.2%. We believe that the economic uncertainties in Brazil that generate pressure on the Forex as well as the recent news flow on nuclear power in Belgium are the main elements of uncertainty for Engie ', says Oddo BHF.

'We anticipate a return to high single digit growth: CAGR 2018-23 of 8.6% in the medium term helped by the improvement of the sparks spreads and the continuation of the organic growth plan', notes however the analyst.

[waldron] 03/9/2018 17:14

Total
54.14 +0.50%

Engie
12.6 -0.24%

Orange
13.95 +0.00%

FTSE 100
7,504.6 +0.97%
Dow Jones
25,964.82 -0.09%
CAC 40
5,413.8 +0.13%



Brent Crude Oil NYMEX 78.19 +0.59%
Gasoline NYMEX 2.03 +1.70%
Natural Gas NYMEX 2.85 -2.33%




BP
553.7 +1.17%



Shell A
2,549 +1.90%


Shell B
2,595 +2.15%

[florenceorbis] 03/9/2018 09:12

Finance chiefs at European, Middle Eastern and African companies have a luxury problem: figuring out how to spend $1.1 trillion in cash.

The top cash hoarders in the region are Total SA with EUR29.2 billion ($34.1 billion), Electricite de France SA with EUR28.3 billion and Volkswagen AG with EUR27.3 billion, according to a report by Moody's Investors Service. The data covers 757 nonfinancial companies based in Europe, the Middle East and Africa and showed cash levels reached a seven-year high at the end of 2017.

Many of these firms have started returning billions to investors through stock buybacks and dividends, as well as plowing their money into new capital projects and deals. Share buybacks by companies in the S&P Europe 350 rose to EUR87.8 billion last year, compared with EUR77.2 billion in 2016, while dividends crept up to EUR278.5 billion, versus EUR262.6 billion the year before, according to S&P Global Market Intelligence. Spending on research and development increased to EUR146.9 billion in 2017, from EUR140.2 billion in 2016.

The spending spree is unusual for European finance chiefs, who are often more fiscally conservative than their American counterparts. But Europe's negative interest rates make hoarding the cash in bank deposits unprofitable. And investors are calling on companies to use their cash wisely by balancing capital allocations to new investments against returns to shareholders and money set aside for a rainy day.

French oil giant Total launched a $5 billion share-buyback program in February and in July said it would increase its interim dividend by 3.2% to EUR0.64 a share. "We are delivering on our commitment to share the oil price upside with our shareholders with a buyback," CFO Patrick de La Chevardière said during an earnings call in July.

Diageo PLC, the maker of Johnnie Walker whisky and Bailey's Irish Cream, said in July it would buy back GBP2 billion ($2.6 billion) in shares to return money to shareholders. The company, which is among the top 200 holders of cash in EMEA, completed an earlier share-buyback program totaling GBP1.5 billion during the fiscal year ended June 30. Diageo also raised its stake in Chinese liquor maker Sichuan Shuijingfang Co. to 60% from about 40%.

"Investors really appreciate our overall approach" to capital allocation, Kathryn Mikells, Diageo's CFO, said in an interview. "We will continue to make sure we put our cash to work inside the business," she added. Diageo's cash pile was down to GBP874 million as of June 30, compared with GBP1.19 billion a year earlier.

Idle cash often attracts investor scrutiny. "It is not efficient to hold large amounts of cash on the balance sheet if it is not being put to use, " said William Coley, a senior vice president at Moody's.

Akzo Nobel NV has held talks with shareholders concerning how to distribute a large share of the EUR7.5 billion the Dutch paint maker will receive from the sale of its specialty chemicals business, said CFO Maarten de Vries.

The company last year came under pressure from activist investor Elliott Management Corp. and wants to make sure its shareholders are content. "It's all about making sure that we create credibility with our investors," Mr. de Vries said.

Elliott Management, which holds 9.5% of Akzo's shares, declined to comment.

Thomas Toepfer, finance chief at German plastics maker Covestro AG, had EUR475 million in cash at the end of June, up from EUR300 million at the end of the prior-year period. He has increased his budget for capital spending and could spend up to EUR1.2 billion annually from 2019 onward, he said. Mr. Toepfer plans to use some of that capital to increase the output of his factories, which are operating at close to maximum capacity, and return the rest to shareholders. Covestro spent more than EUR1 billion on dividends and share repurchases in the first half of 2018, Mr. Toepfer said.

Some executives are going even further. Kevin Entricken, CFO of Dutch software company Wolters Kluwer NV, is raising Wolters's interim dividend to 40% of last year's regular dividend, up from 25% in prior years. The firm through the end of July completed a EUR300 million share repurchase and will buy back up to EUR550 million in stock later this year. Wolters's cash hoard has declined to EUR654 million at the end of June, from EUR1 billion a year earlier.

Many CFOs in the region reinvest substantial amounts of money into the business and pay a special dividend, rather than buying back their own stock like many of their U.S. peers do.

Engie SA, the French energy company, has only done a "symbolical" share buyback of EUR150 million, said CFO Judith Hartmann. "I do not see us doing more [share buybacks] because that takes away capital for investments," Ms. Hartmann said in an interview.

The company recently received more than EUR16 billion from asset sales, but reinvested most of that money. Ms. Hartmann also paid back some of Engie's debt and hopes to raise its dividend.

Write to Nina Trentmann at [e-mail]



(END) Dow Jones Newswires

September 03, 2018 02:44 ET (06:44 GMT)

[waldron] 31/8/2018 17:18

Total
53.87 -1.43%


Engie
12.63 -2.73%

Orange
13.95 -0.78%


FTSE 100
7,432.42 -1.11%
Dow Jones
25,940.74 -0.18%
CAC 40
5,406.85 -1.30%

Brent Crude Oil NYMEX 77.83 +0.00%
Gasoline NYMEX 2.01 +0.04%
Natural Gas NYMEX 2.92 +1.21%



BP
547.3 -1.65%


Shell A
2,501.5 -1.79%


Shell B
2,540.5 -2.10%

[the grumpy old men] 31/8/2018 14:28

31/08/2018 | 12:03

Paris (AFP) - Electrabel, a subsidiary of Engie in Belgium, announced Friday the postponement of more than two months of the restart of two reactors, currently under review, lowering the share price of Engie shares on the Paris Stock Exchange. Paris.

The revision schedule for reactors 1 and 2 at the Doel plant near Antwerp "is prolonged and the unavailability was extended to Doel December 1 and December 31 at Doel 2", details a statement from Electrabel.

They were both to restart "early October," told AFP a spokeswoman for the company.

During their inspection, which is part of the ten-year extension of the life of these reactors, corrective measures must be carried out on one of the equipment forming part of the cooling system of the Doel 1 unit, and preventively these measures were extended to Doel 2, details Electrabel.

"We estimate that the extension of the duration of unavailability of Doel 1 and Doel 2 will have a cost of about 100 million euros," said the spokeswoman.

Currently only two of the seven Belgian nuclear reactors operated by the Engie subsidiary in Belgium are in operation. These are Tihange 1 and Doel 3.

Tihange 2, Tihange 3 and Doel 4 are also under review with reboots scheduled between September 30 and December 15.

Agefi-Dow Jones The financial newswire

[the grumpy old men] 31/8/2018 14:28

31/08/2018 | 12:03

Paris (AFP) - Electrabel, a subsidiary of Engie in Belgium, announced Friday the postponement of more than two months of the restart of two reactors, currently under review, lowering the share price of Engie shares on the Paris Stock Exchange. Paris.

The revision schedule for reactors 1 and 2 at the Doel plant near Antwerp "is prolonged and the unavailability was extended to Doel December 1 and December 31 at Doel 2", details a statement from Electrabel.

They were both to restart "early October," told AFP a spokeswoman for the company.

During their inspection, which is part of the ten-year extension of the life of these reactors, corrective measures must be carried out on one of the equipment forming part of the cooling system of the Doel 1 unit, and preventively these measures were extended to Doel 2, details Electrabel.

"We estimate that the extension of the duration of unavailability of Doel 1 and Doel 2 will have a cost of about 100 million euros," said the spokeswoman.

Currently only two of the seven Belgian nuclear reactors operated by the Engie subsidiary in Belgium are in operation. These are Tihange 1 and Doel 3.

Tihange 2, Tihange 3 and Doel 4 are also under review with reboots scheduled between September 30 and December 15.

Agefi-Dow Jones The financial newswire

[the grumpy old men] 31/8/2018 14:06

PARIS (Agefi-Dow Jones) - The Paris market is falling sharply in the mid-session, weighed down by the risk of renewed trade tensions between the United States and its partners. Around 12:30 the CAC 40 yields 1.2% to 5.414.43 points, and the SBF 120 loose 1.1% to 4.345,27 points.


US President Donald Trump once again fanned investors' fears that the European Union's offer to drop tariffs on US auto imports was insufficient. In addition, it would be ready to introduce new tariffs on 200 billion dollars of Chinese products. In addition, investors continue to scrutinize Italy, where yields on government bonds have tightened in recent days due to economic and political concerns.


As for French companies, Gemalto has confirmed its outlook for 2018 after going back into the green in the first half. The title advances by 0.8%.


Engie is down 2.5% after announcing the postponement at the end of the year of the restart of two nuclear reactors in Belgium.


Total yields 1.1% while oil falls below 70 dollars in London. The group announced the sale of its polystyrene business in China to Ineos Styrolution.


Edenred fell 5.4% after the lowering of Berenberg's recommendation on the title to "sell".


Bolloré will publish after market its results for the first half.


([e-mail]) ed: ECH


Agefi-Dow Jones The financial newswire


(END) Dow Jones Newswires


August 31, 2018 06:44 ET (10:44 GMT)

[waldron] 30/8/2018 17:48

Total
54.65 -0.36%


Engie
12.985 -0.35%

Orange
14.06 -1.54%

FTSE 100
7,516.03 -0.62%
Dow Jones
26,021.97 -0.39%
CAC 40
5,478.06 -0.42%


Brent Crude Oil NYMEX 77.76 +0.04%
Gasoline NYMEX 2.00 +0.07%
Natural Gas NYMEX 2.86 -0.59%


BP
556.5 +0.34%


Shell A
2,547 +0.35%



Shell B
2,595 +0.31%

[waldron] 29/8/2018 20:28

Total
54.85 +0.09%


Engie
13.03 +0.42%

Orange
14.28 -0.07%

FTSE 100
7,563.21 -0.71%
Dow Jones
26,115.29 +0.20%
CAC 40
5,501.33 +0.30%


Brent Crude Oil NYMEX 77.47 +1.60%
Gasoline NYMEX 2.00 +1.39%
Natural Gas NYMEX 2.87 +0.67%



BP
554.6 -0.91%


Shell A
2,538 -0.99%

Shell B
2,587 -1.18%

[waldron] 28/8/2018 17:48

Total
54.8 -1.12%

Engie
12.975 -0.38%

Orange
14.29 -0.59%


FTSE 100
7,617.22 +0.52%
Dow Jones
26,046.31 -0.01%
CAC 40
5,484.99 +0.11%


Brent Crude Oil NYMEX 76.53 -0.08%
Gasoline NYMEX 1.98 -0.43%
Natural Gas NYMEX 2.84 -0.94%



BP
559.7 -0.71%



Shell A
2,563.5 +0.00%


Shell B
2,618 +0.15%

[la forge] 28/8/2018 07:12

Total ready to do dam. Total will be a candidate for the renewal of French hydroelectric concessions, mainly operated by Electricité de France and Engie, said its CEO Patrick Pouyanné to the magazine 'Capital' in September.