Ft Tre Discussion Threads

[wormcatcher] 17/12/2010 21:02

Interesting end to the day.

Have a good weekend.

[edwardt] 01/12/2010 09:48

any news on the court case involving legal ownership of Biomasa

[wormcatcher] 30/11/2010 15:48

Will be interesting to see how this develops.

[jambo172] 30/11/2010 09:08

Mooted share price response from possible approach for their illiquid assets.
Good that the board have acted independently from the managers and appointed Liberum.
Managers appear hell bent on stopping shareholders getting their money back.
Current share perice attributes zero value to the private equity portfolio.

[chrisdgb] 25/11/2010 11:28

According to Matrix we are going to get some good legislation news this week..

[scbscb] 16/11/2010 13:47

The share buy back is good news. It a shame there will not be more buy backs. If the assets can be purchased at a discount this is a good way of returning cash to shareholders (abet indirectly). This would be a better and more efficient than paying dividends which most investors have have a slice stolen by the government in taxes. Since Trading Emissions is due to wind up soon there is even more reasons than usual for buying back shares if they trade at a discount to NAV.

[chrisdgb] 16/11/2010 08:30

Well nice share buyback announced.....Liberum highlight 72% upside to the minimum incentive level...

Looking good..

[wormcatcher] 15/11/2010 13:11

Hope so - still hanging on to these for better or worse.

[chrisdgb] 15/11/2010 11:15

Big volume today and etfs still rising.....let us hope this sets up a decent share price recovery...

[chrisdgb] 12/11/2010 11:01

etfs carbon rallying well...

[chrisdgb] 10/11/2010 15:49

Let's get some buyers then chaps:

Appointment of Broker



Trading Emissions plc has appointed Liberum Capital Limited ("Liberum") as its Broker with immediate effect. Liberum also acts as the Company's nominated adviser.

[chrisdgb] 09/11/2010 11:02

Let us hope we get a decent AGM statement on 2nd December to generate some interest here..

[chrisdgb] 04/11/2010 10:13

I wonder if Laxey Partners will start adding to their stake at these levels, they are pushing for realisation...

[papy02] 02/11/2010 20:30

Yes ... maybe to do with this


which requires free registration, or Google on the article title:
End of US carbon trading looms

Also CER prices are down which doesn't help.

[chrisdgb] 02/11/2010 16:21

very disappointing share price performance here..??

[chrisdgb] 28/10/2010 08:34

surprised the very positive Liberum note did not generate more buying interest here...discount to NAV still looks too big..

[chrisdgb] 21/10/2010 09:41

apparently the fund manager has a major incentive to realise over £2 per share in the process.....

[chrisdgb] 18/10/2010 11:24

Let us hope we can move back above the 100p level...the story certainly looks a good one..

[manrobert] 18/10/2010 09:06

buyer made to pay over 97p rather wide spread.

[chrisdgb] 18/10/2010 08:09

Matrix also turned buyers today with a 137p price target...

[chrisdgb] 15/10/2010 11:15

no sorry..

[stemis] 15/10/2010 10:58

Have you got the note from Liberum?

[chrisdgb] 15/10/2010 08:49

Major BUY note out today from Liberum...looks a bargain..I notice the CARB LN has been creeping higher....anyone else..??

[jiopl] 12/9/2010 12:37

IMO the reason for the low values of post 2012 CERs is because the details of phase three EU ETS etc are still to be worked out eg a carbon price floor. also will the US allow the importing of CERs into whatever setup they decide on. €7 seems a reasonable price to go on for now.

[papy02] 10/9/2010 19:52

Intersting article in FT:

... Although most power companies have had to buy extra permits, Sandbag has calculated that other industries covered by the scheme – including steel and cement – have about 1bn surplus permits.

Under the European Union rules, these companies will be allowed to carry over their unused permits into the third phase of the scheme, from 2013 to 2020. If all of these permits are carried over, the EU's emissions could increase rather than fall, Sandbag warned.

Carbon prices have traded at around €13 per tonne for most of the year. Although traders are expecting that most companies will have no need to buy permits, the price has been buoyed by the fact that they can carry over their spares to the next phase ...





and another from Bloomberg:
... The UN market is "an increasingly dangerous place to do business," Trevor Sikorski, an analyst at Barclays Capital in London, said in a Sept. 6 report. The possibility of changes in the UN's rules for awarding credits is a "massive risk" for investors, he said in an interview. ...




Seems to add another layer of (political) uncertainty to the realisation values?