Energiser Investments Share Discussion Threads

[waldron] 02/10/2019 16:11

Brent Crude Oil NYMEX 57.27 -2.75%
Gasoline NYMEX 1.53 -2.47%
Natural Gas NYMEX 2.47 -0.52%
(WTI) 52.36 USD -3.20%

FTSE 100
7,122.54 -3.23%
Dow Jones
26,046.32 -1.98%
CAC 40
5,422.77 -3.12%
SBF 120
4,279.82 -3.05%
Euro STOXX 50
3,421.64 -2.95%
DAX
11,925.25 -2.76%
Ftse Mib
21,336.83 -2.69%


Eni
13.556 -3.03%

Total
45.455 -3.98%

Engie
14.6 -3.09%

Orange
14.025 -2.33%

INTERNATIONAL CONSOLIDATED AIRLINES GROUP (IAG)
463.9 GBp -2.50%



Bp
492 -4.32%

Vodafone
155.72 -2.31%

Royal Dutch Shell A
2,305 -3.58%


Royal Dutch Shell B
2,300 -3.99%




A GREY DAY FOR MOST SHARES AND PERHAPS A BUYING OPPORTUNITY FOR SOME

[waldron] 01/10/2019 16:48

Brent Crude Oil NYMEX 58.99 -0.44%
Gasoline NYMEX 1.57 +0.51%
Natural Gas NYMEX 2.48 -1.00%
(WTI) 53.69 USD -1.01%


FTSE 100
7,360.32 -0.65%
Dow Jones
26,634.53 -1.05%
CAC 40
5,597.63 -1.41%
SBF 120
4,414.36 -1.34%
Euro STOXX 50
3,518.25 -1.40%
DAX
12,263.83 -1.32%
Ftse Mib
21,987.44 -0.54%


Eni
13.98 -0.38%

Total
47.34 -1.14%

Engie
15.065 +0.57%

Orange
14.36 -0.24%

IAG
Price (GBX) 475.80 +0.17% (Up +0.80)


Bp
514.2 -0.31%

Vodafone
159.4 -1.60%

Royal Dutch Shell A
2,390.5 +0.27%

Royal Dutch Shell B
2,395.5 -0.02%

[waldron] 01/10/2019 11:19

What changes in France in October 2019
One of the new laws coming into force this month states that new buildings of four or more storeys must have a lift

Lower gas prices, simplified retirement saving plans, and new rules on lifts in buildings are among some of the changes starting this month in France.

Gas prices

Gas prices, as set by Engie, are to drop by 2.4% overall today (October 1). Specifically, the drop is 0.6% for households who use gas for cooking, 2.5% for those who use it for heating, and 1.4% for those who use it for cooking and heating, including hot water.

The new prices align with a decree to lower rates, which was set by the government at the end of June.
Retirement savings

October marks the launch of new products by insurance companies, aimed at making retirement saving simpler.

As part of the government’s business growth plan, la Loi Pacte, companies will now be limited to three products, in a bid to replace the wide array of offers - such as Perco, Madelin, Article 83, Perp; along with their complicated and inconsistent rules - that were previously available.
Lifts in new buildings

New buildings must now feature a lift (elevator) by law, if they are three or more storeys high. Previously, the rule applied to buildings of four storeys or more.

The new rule is aimed at improving access for disabled people, or those with reduced mobility.


Information on bills

All bills issued from October 1 will now be required to list the billing address of the company, if it is different from its head office address, as well as an order number.

Previously, bills only had to show the head office address of the seller, and the head office or main address of the buyer.

These changes are aimed at speeding up the payment of bills, by making it obvious if there is a difference between the head office address and its billing address.

Companies that fail to make this clear can now incur fines of €75,000 - €375,000.
Employer contributions

This month will see further reductions on employer contributions to unemployment insurance, on low wages, worked out on a sliding scale.

The loss of revenue - estimated to be €3.7 billion per year - will be compensated for by Acoss, the “social security bank”.
Performance artists

Live performance artists - such as dancers, theatre actors or live musicians - must now declare themselves on the ministry of culture website.

This declaration will be valid for five years, and will replace the old three-year license that was issued by local authorities.

Anyone performing without this declaration may be fined from €1,500 - €75,000, and venues run the risk of being closed for at least one year.

Stay informed:
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[waldron] 30/9/2019 16:17

Brent Crude Oil NYMEX 60.17 -1.43%
Gasoline NYMEX 1.59 -1.04%
Natural Gas NYMEX 2.34 -2.75%
(WTI) 55.05 USD -1.78%


FTSE 100
7,408.21 -0.24%
Dow Jones
26,955.52 +0.50%
CAC 40
5,677.79 +0.66%
SBF 120
4,474.16 +0.58%
Euro STOXX 50
3,568.2 +0.73%
DAX
12,428.08 +0.38%
Ftse Mib
22,127.52 +0.50%



Eni
14.034 -0.14%



Total
47.885 +0.62%


Engie
14.98 +2.43%

Orange
14.395 +0.00%

IAG
Price (GBX) 475.00 +0.17% (Up +0.80)


Bp
515.8 -0.67%

Vodafone
162 -0.12%

Royal Dutch Shell A
2,384 -1.02%


Royal Dutch Shell B
2,396 -0.58%

[maywillow] 30/9/2019 13:58

9/30/2019 | 11:16am BST

Claire Waysand is appointed Executive Vice President and General Secretary of the Group, effective 1 October, and will be replacing Pierre Mongin.

Claire Waysand is a former student of the Ecole Polytechnique and a graduate of the Ecole Nationale de la Statistique et de l'Administration Economique and of the London School of Economics where she obtained a Master's of science in economics. She also has a PhD in economics.

Claire Waysand began her career at INSEE, before going on to hold various positions within the French Treasury Department. As such, she served as a member of the European Economic and Financial Committee (EFC) from 2005 to 2009 and was a director of the European Investment Bank (EIB).

Claire Waysand joined the International Monetary Fund in Washington in 2009, as assistant director of the Europe department, and then the Strategy, policy and review department.

After having served as Deputy Director of the Treasury, Claire Waysand became Deputy chief of staff of Prime Minister Jean-Marc Ayrault in 2013, taking over as Chief of staff of the Minister of Finance and Public Accounts, becoming the first woman to head the Finance cabinet.

Since 2016, she has been Inspector-general of finance, has been a director of Radio France and teaches at the Institut d'Etudes Politiques de Paris (Sciences Po).

Claire Waysand takes over from Pierre Mongin who, after more than four years helping to drive the Group's transformation, had expressed his intention to start standing down over the course of the year. He will act as Senior Advisor to the CEO until he leaves the Group at the end of 2019, after which he plans to concentrate on personal projects.

Isabelle Kocher, ENGIE CEO, said: 'I would like to thank Pierre Mongin once again for his work over the past four years and for the impact he has had on the Group's transformation, in which he has played a key role. I am delighted that he can continue to provide us with his expertise until the end of this year. I also welcome the arrival of Claire Waysand, whose wealth of experience is a new asset for ENGIE and for the executive committee.'

Contact:

Tel: [phone]

Email: [e-mail]

[waldron] 27/9/2019 16:37

Brent Crude Oil NYMEX 61.05 -1.12%
Gasoline NYMEX 1.61 -0.60%
Natural Gas NYMEX 2.41 -1.19%
(WTI) 56.07 USD -0.32%


FTSE 100
7,426.21 +1.02%
Dow Jones
26,932.36 +0.15%
CAC 40
5,640.58 +0.36%
SBF 120
4,448.21 +0.39%
Euro STOXX 50
3,545.88 +0.38%
DAX
12,380.94 +0.75%
Ftse Mib
21,987.88 +0.18%



Eni
14.054 +0.86%

Total
47.59 +0.44% EX DIVI DAY


Engie
14.625 -0.98%

Orange
14.395 +0.70%

IAG
Price (GBX) 474.20+2.86% (Up +13.20)


Bp
519.3 +0.97%

Vodafone
162.2 -0.41%

Royal Dutch Shell A
2,408.5 +1.93%


Royal Dutch Shell B
2,410 +2.21%

[waldron] 27/9/2019 12:31

27/09/2019 | 10:51
As of October 1, 2019, Engie's regulated tariffs decreased by 2.4% compared to the scale in effect applicable since September 1, 2019. This decrease is 0.6% for customers who use gas for cooking, 1.4% for those who have dual use cooking and hot water, and 2.5% for homes that heat gas. This change results from the application of the tariff formula defined in the decree of June 27, 2019 relating to the regulated natural gas tariffs of Engie.

Since 2015, changes in Regie's tariff rates for natural gas sales excluding tax and CTA (transport tariff contribution) represent a cumulative decrease of 13.3%.

AOF

[waldron] 27/9/2019 03:38

9/26/2019 | 6:58 p.m.

PARIS (Agefi-Dow Jones) - The manufacturer of cryogenic membranes for the transport of liquefied natural gas Gaztransport and Technigaz (GTT) announced Thursday that it has signed a contract with the company SAREN BV (joint venture between Renaissance Heavy Industries Russia and Saipem acting on Russian territory on behalf of its subsidiary in Murmansk) for the design and construction of three GBS (Gravity Based Structures) terminals dedicated to the Arctic LNG 2 project, for the Russian LNG producer PAO "NOVATEK". "The contract concerns design, construction studies and technical support for the LNG and ethane membrane containment systems that will be installed inside the three GBS terminals," said GTT in a statement. ([e-mail]) ed: ACD

Agefi-Dow Jones The financial newswire

[waldron] 26/9/2019 16:10

Brent Crude Oil NYMEX 60.81 -1.01%
Gasoline NYMEX 1.60 -0.26%
Natural Gas NYMEX 2.42 -3.97%
(WTI) 55.64 USD -1.89%

FTSE 100
7,351.08 +0.84%
Dow Jones
26,830.23 -0.52%
CAC 40
5,620.57 +0.66%
SBF 120
4,431.12 +0.64%
Euro STOXX 50
3,532.36 +0.67%
DAX
12,288.54 +0.44%
Ftse Mib
21,982.19 +0.89%


Eni
13.934 +0.52%

Total
47.38 +0.40%

Engie
14.77 +1.86%

Orange
14.295 +0.85%

IAG
Price (GBX) 461.00 -3.98% (Down -19.10)


Bp
514.3 +1.10%

Vodafone
162.86 +1.45%

Royal Dutch Shell A
2,363 +1.05%

Royal Dutch Shell B
2,358 +1.27%

[florenceorbis] 26/9/2019 06:46

Engie: Citi resumes with buy and target of 16,70 EUR.

[waldron] 25/9/2019 16:24

Brent Crude Oil NYMEX 61.11 -1.63%
Gasoline NYMEX 1.59 -2.27%
Natural Gas NYMEX 2.52 -0.32%
(WTI) 56.33 USD -0.86%

FTSE 100
7,289.99 -0.02%
Dow Jones
26,934.21 +0.47%
CAC 40
5,583.8 -0.79%
SBF 120
4,403.05 -0.75%
Euro STOXX 50
3,513.03 -0.59%
DAX
12,234.18 -0.59%
Ftse Mib
21,754.98 -0.67%



Eni
13.862 -0.96%



Total
47.19 -1.16%


Engie
14.5 -0.48%

Orange
14.175 -0.53%

IAG
Price (GBX) 480.10+0.48% (Up +2.30)



Bp
508.7 -0.47%

Vodafone
160.54 +0.30%

Royal Dutch Shell A
2,338.5 +0.30%

Royal Dutch Shell B
2,328.5 +0.19%

[waldron] 24/9/2019 16:02

Brent Crude Oil NYMEX 62.72 -0.76%
Gasoline NYMEX 1.63 -1.61%
Natural Gas NYMEX 2.54 -0.47%
(WTI) 57.77 USD -0.93%


FTSE 100
7,291.43 -0.47%
Dow Jones
26,966.34 +0.06%
CAC 40
5,628.33 -0.04%
SBF 120
4,436.46 -0.02%
Euro STOXX 50
3,533.95 -0.15%
DAX
12,307.15 -0.29%
Ftse Mib
21,931.21 +0.14%


Eni
13.996 -1.02%


Total
47.745 -1.89%


Engie
14.57 +1.60%

Orange
14.25 -0.35%

IAG
Price (GBX) 477.80+1.38% (Up +6.50)



Bp
511.1 -1.50%

Vodafone
160.06 +0.06%

Royal Dutch Shell A
2,331.5 -0.93%

Royal Dutch Shell B
2,324 -1.42%

[waldron] 23/9/2019 17:11

Brent Crude Oil NYMEX 63.28 +0.13%
Gasoline NYMEX 1.64 -0.29%
Natural Gas NYMEX 2.54 -0.78%
(WTI) 58.24 USD -0.80%


FTSE 100
7,326.08 -0.26%
Dow Jones
26,948.12 +0.05%
CAC 40
5,630.76 -1.05%
SBF 120
4,437.19 -1.08%
Euro STOXX 50
3,536.97 -0.95%
DAX
12,342.33 -1.01%
Ftse Mib
21,904.05 -0.99%



Eni
14.14 -2.83%


Total
48.665 -1.65%

Engie
14.34 -0.76%

Orange
14.3 +0.35%



INTERNATIONAL CONSOLIDATED AIRLINES GROUP (IAG)
471.2 GBp -1.38%


Bp
518.9 -0.40%

Vodafone
159.96 +0.28%

Royal Dutch Shell A
2,353.5 +0.43%



Royal Dutch Shell B
2,357.5 +0.99%

[the grumpy old men] 23/9/2019 12:39

OCTOBER/03/2019 Investor Day

[waldron] 20/9/2019 16:02

Brent Crude Oil NYMEX 63.72 +0.62%
Gasoline NYMEX 1.66 -0.15%
Natural Gas NYMEX 2.54 -1.01%
(WTI) 58.7 USD -0.15%


FTSE 100
7,337.11 -0.26%
Dow Jones
27,150.95 +0.21%
CAC 40
5,684.99 +0.46%
SBF 120
4,481.72 +0.38%
Euro STOXX 50
3,572.11 +0.58%
DAX
12,468 +0.08%
Ftse Mib
22,185.87 +0.26%



Eni
14.572 +1.10%



Total
49.47 +2.71%

Engie
14.44 +1.19%

Orange
14.205 +1.21%


INTERNATIONAL CONSOLIDATED AIRLINES GROUP (IAG)
477.80 GBp +2.33%



Bp
521 +0.79%

Vodafone
159.52 -0.55%

Royal Dutch Shell A
2,343.5 +0.02%


Royal Dutch Shell B
2,334.5 -0.55

[florenceorbis] 20/9/2019 11:00

Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets
By Ankit Agarwal
20 September, 2019
Grapevine: Qatar fund may invest in Adani discom; GIP, Edelweiss eye Engie solar assets
Photo Credit: VCCircle
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Qatar Investment Authority is in negotiations to buy up to 25% stake in Adani Group’s flagship power transmission and distribution asset — Adani Electricity Mumbai Ltd -- for up to Rs 4,000 crore ($564.3 million at current exchange rate), people in the know told The Economic Times.

The funds will be used to deleverage the balance sheet and provide growth capital to the business, the report said. “This will be more of a financial investment with a reputed sovereign wealth fund that also has operational expertise in infrastructure, especially the power sector,” said a long-time Adani Group observer on the condition of anonymity.

In August 2018, Anil Ambani sold his Mumbai power distribution business to Adani Transmission Ltd for Rs 12,700 crore,. Subsequently, the Mumbai business got housed under a stepdown subsidiary.

Meanwhile, Global Infrastructure Partners (GIP) and Edelweiss Infrastructure Yield Plus fund are competing to acquire the solar energy portfolio of French major Engie in India for around $400 million (Rs 2,835.6 crore at current exchange rate), two people aware of the development told The Economic Times.

Both have submitted firm offers and a final decision is due in the next couple of weeks. Actis, another global investor in the race, had backed out recently, the report said.

GIP India is believed to have submitted a proposal that includes cash along with stock in its own clean energy subsidiary Vector Green Energy. Edelweiss Infra is bidding through Sekura Energy Ltd, the energy-focused platform wholly owned by Edelweiss Infrastructure Yield Plus, the report added.

In another development, Essel Group chairman Subhash Chandra has secured a six-month extension till March 31 from lenders to repay debt which was to be paid back by September 30, a mutual fund executive familiar with the details told Mint.

The lenders, as part of the agreement, agreed not to sell pledged shares of the group’s flagship Zee Entertainment Enterprises Ltd (ZEEL) as the company would sell assets to repay all dues to lenders.

The company, which owed Rs 7,500 crore to the lenders, has since repaid Rs 3,356 crore, the report said.

Essel group sold 8.7% stake in ZEEL and repaid Rs 3,356 crore to mutual funds from the proceeds.

On 29 August, Essel group said it would sell 205 megawatts (MW) of its operational solar energy assets to Adani Green Energy Ltd at an enterprise value of Rs 1,300 crore.

Also, online makeup and beauty products retailer Purplle is in talks to raise up to Rs 300 crore ($42.3 million at current exchange rate) in its Series C round of funding led by Goldman Sachs Investment Partners, the growth and venture capital investment arm of Goldman Sachs, two people close to the deal told Mint.

Existing investors Blume Ventures, IvyCap Ventures and JSW Ventures are also expected to participate in the round, the report said.

Purplle competes directly and indirectly with brands including Nykaa, founded by veteran investment banker Falguni Nayar, Sugar Cosmetics and skincare startup Plum, backed by Unilever Ventures, the venture capital and private equity arm of consumer giant Unilever.

[waldron] 19/9/2019 16:11

Brent Crude Oil NYMEX 64.52 +1.45%
Gasoline NYMEX 1.66 +2.08%
Natural Gas NYMEX 2.58 -3.38%
(WTI) 58.44 USD +0.62%


FTSE 100
7,356.42 +0.58%
Dow Jones
27,258.65 +0.41%
CAC 40
5,659.08 +0.68%
SBF 120
4,464.7 +0.68%
Euro STOXX 50
3,551.6 +0.53%
DAX
12,457.7 +0.55%
Ftse Mib
22,153.23 +0.94%


Eni
14.414 +0.63%


Total
48.165 +0.30%


Engie
14.27 +0.78%

Orange
14.035 +0.54%

INTERNATIONAL CONSOLIDATED AIRLINES GROUP(IAG)
466.90GBp +3.76%


Bp
516.9 +0.35%

Vodafone
160.4 +2.69%

Royal Dutch Shell A
2,343 +0.24%

Royal Dutch Shell B
2,347.5 +0.36%

[la forge] 19/9/2019 10:27

Credit Agricole SA (ACA.FR) said Thursday that Banque des Territoires and Groupe Groupama have agreed to enter the capital of its renewable-energy investment subsidiary Predica Energies Durables.

Once the transaction is complete, Banque des Territoires and Groupama will hold 22% and 18% of PED respectively, while the French bank will hold the remaining 60%.

PED, a subsidiary of the bank's insurance arm, is an investment vehicle focused on renewable energy production assets, and was founded in partnership with France's Engie SA (ENGI.FR).

The entry of these two new investors in PED's capital will increase its capacity to invest, Credit Agricole said.

The transaction is expected to close by December this year.



Write to Cristina Roca at [e-mail]; @_cristinaroca



(END) Dow Jones Newswires

September 19, 2019 04:58 ET (08:58 GMT)

[la forge] 19/9/2019 08:54

19/09/2019 | 8:17
Oddo organized a meeting with the Engie management. The analysis office believes that the growth in the client solutions business remains well oriented. 'After a difficult Q1, the Q2 performance has recovered and the outlook for 5-9% EBIT growth in 2019 seems within reach for the group'.

The legislation provides for a triennial revision of the amount of nuclear provisions and the next revision is expected in Q4 2019. Given the recent rate cut, we believe that the regulator will adjust the discount rates by 50bp. On average, we estimate that this revision will lead to an increase in provisions of 2.7 billion in 2019, says Oddo.

Analysts believe that Engie's valuation does not correctly reflect its medium-term outlook. They find that value continues to be valued at a 15.0% discount to the sector.

'The title remains a good candidate for a Value investor. The yield of 5.7% seems attractive to us. Oddo confirms his advice on the purchase of value and raises TARGET to 16 E (instead of 15 E).