Gran Tierra Energy Share Discussion Threads

[scott84] 20/10/2010 16:10

Dont forget buystock inventing his own bid rumours here and on LSE websites.

It's laughable you two think people will fall for your own made up rumours.

[empirestate] 20/10/2010 16:09

here is a snapshot from the latest books June 10 for those interested
MCAP GBP3.3M
GROSS NAV GBP21M
NET NAV AFTER G/WILL GBP17M
NET NET NAV AFTER G/WILL AND CAP R&D GBP7.5M
BORROWINGS GBP7.5M

Payables and receivables were evenly balanced and they have availability of credit under the covertable loan note issue of USD5.5M as USD4.5M was utilised in Q3

Q3 outstanding borrowings are now GBP10.3M

[themoneymonster2] 20/10/2010 16:05

What £5 worth, no way, you are kidding me, get out of it, you are having a laugh????????????

lmao, WHY EXACTLY WOULD YOU GO TO THE BOTHER OF GETTING A BUY QUOTE IF YOU ARE NOT INTERESTED IN THIS SHARE?

[scott84] 20/10/2010 16:02

Can buy 125k online no problem.

Keep ramping buystock/TM2.

[gonefishing3] 20/10/2010 15:39

get the drift scottybag still in talks

[scott84] 20/10/2010 15:28

Here we go.

150 cut and pastes by tomorrow then silence after the dump.

[gonefishing3] 20/10/2010 15:27

GTE puts aviation unit on the block
Posted on Tuesday, 19 October 2010 14:13
Gas Turbine Efficiency (GTE), a British provider of proprietary cleantech energy saving and performance enhancing systems to the power industry, revealed it is in ongoing discussions to shed all of the assets of its aviation business.

In an announcement released to the public yesterday, the group also stated it is exploring long-term financing options involving existing investors or third party alternatives after previously disclosed talks with a strategic backer regarding a potential cash injection came to nothing.

GTE's shares have been in freefall since 1st October, a day after the company revealed it incurred a net loss of GBP 3.03 million in the six months ended 30th June 2010 against a net profit of GBP 0.60 million in H1 2009 (FY 2009: GBP 4.67 million loss).

Stocks which closed at 9.88 pence on 1st October tumbled 58.2 per cent to 4.13 pence by the end of the day on 18th October – losing 35.3 per cent of their value in yesterday's trading alone (15th October: 6.38 pence). Investors failed to stem the tide of woe and the securities had fallen a further 21.2 per cent to 3.25 pence by 2.27 pm today.

London-headquartered GTE designs, manufactures and supplies systems to the power generation, gas and oil and aviation industries. The group caters to turbine end users and original equipment manufacturers, including General Electric, Siemens and Rolls Royce, from operation centres in Europe and the US.

Portfolio products range from compressor cleaning and power augmentation systems to fuel management units, though services also include combustion design, repair and upgrade.

[themoneymonster2] 20/10/2010 15:25

10-20 usernames

-

Is it ok to have up to 10 usernames then in your opinion?

[gonefishing3] 20/10/2010 15:23

very cheap but mm,s wont give you any thats been allday looks like they have wind of an asset sale/mbo.

[scott84] 20/10/2010 15:22

TM2.

Well thats a good sign, serial pump and dumper buystock has arrived with
his 10-20 usernames to help you :-))

[themoneymonster2] 20/10/2010 15:21

Yep and lse guys talking about another investor showing an interest, don't know what to make of it but at 3.5p, it is cheap.

[gonefishing3] 20/10/2010 15:19

The share price popped up last week with the interims, but then gradually fell as people took profits or got out as it fell.

There are several reasons why the share has fallen so hard over the last year. Main reason is that GTE has a huge cash burn ($11m spent on product development in the year to Dec09). Combined with the credit crunch slowing their markets, this led to a series of unforeseen fundraisings, the last $20m of which have been in the form of loan notes with warrants.

At the time, I did not think that the loan note structure was bad as it was much less dilutive than an ordinary share issue, but in a downside case they have priority so this is probably contributing to the current bearish sentiment in the market.

The interims state that they have $5.5m available to draw on their loan note facility, so current EV is £3m market cap + $14.5m loan note = $19m. Is this a fair price?

I understand that GTE's technology delivers substantial savings, with payback in under a year. They don't have a strong balance sheet to support warranties, so this might be restricting sales (presumably why they wanted to bring in a strategic investor).

Despite the lack of balance sheet, they have continued to grow revenue and are supported by strong financial investors (Generation and Zouk). These funds have invested heavily over the last few years and assuming they continue to fund and GTE gets its costs under control, then this should come good in the end.

We probably won't learn how they are controlling costs until the next annual report, but this feels very cheap for a company with so much potential. If they signed a contract with another strategic investor, the price would go straight to 10p and probably higher.

[gonefishing3] 20/10/2010 15:18

t2 he is a headcase try buying 5k ie £175 see how it goes and i dont even hold but scottydog your a plum.1.77m buys

20/10/2010 14:39:24 3.49 14,255 O 497.50
20/10/2010 14:32:07 3.49 14,500 O 506.05
20/10/2010 14:28:50 3.49 25,000 O 872.50
20/10/2010 13:12:24 3.49 6,845 O 238.89
20/10/2010 12:34:42 3.49 10,000 O 349.00
20/10/2010 12:27:34 3.49 5,844 O 203.96
20/10/2010 12:21:09 3.49 5,730 O 199.98
20/10/2010 12:05:07 3.35 50,000 O 1,675.00
20/10/2010 12:04:51 3.24 30,000 O 972.00
20/10/2010 12:04:04 3.24 45,000 O 1,458.00
20/10/2010 12:02:27 3.24 6,000 O 194.40
20/10/2010 12:01:43 3.24 3,877 O 125.61
20/10/2010 12:00:56 3.24 27,639 O 895.50
20/10/2010 12:00:24 3.24 15,080 O 488.59
20/10/2010 11:56:47 3.24 10,000 O 324.00
20/10/2010 11:42:46 3.24 25,000 O 810.00
20/10/2010 11:24:18 3.00 15,000 O 450.00
20/10/2010 11:11:52 3.00 25,000 O 750.00
20/10/2010 11:08:38 3.00 95,000 O 2,850.00
20/10/2010 11:08:34 3.00 100,000 O 3,000.00
20/10/2010 11:02:29 2.99 50,000 O 1,495.00
20/10/2010 10:39:33 2.99 20,000 O 598.00
20/10/2010 09:44:27 2.76 10,000 O 276.00

[themoneymonster2] 20/10/2010 15:11

You still using that name?



Everybody knows you want out on any spike.


-------------------

ERR, ISN'T THAT THE AIM OF BUYING SHARES AND SELLING THEM FOR A PROFIT?

[scott84] 20/10/2010 15:10

Still ramping this everywhere TM2, do you have to close out before the close
today then, 10p target prices wont suck anybody in.

The more you post the more people avoid the stock.

Everybody knows you want out on any spike.

[themoneymonster2] 20/10/2010 14:39

Over 1 million shares bought on plus alone today!

[themoneymonster2] 20/10/2010 14:26

I didn't say it had no debt, I said it had £3 million in cash. Are you stalking me again? What username will you use tomorrow, if it helps mine will be the same it always has been and always will be. : )

Have a nice day.

[themoneymonster2] 20/10/2010 14:18

What do we reckon the actual debt is here? $15 million? or around £10 million? The market cap is now £3 million yet annual sales are $35 million plus or around £22 million. Debt is due to repayed by when, 2012/13?

If they could get a decent price from the aviation asset sale and pay some debt off then this could move dramatically.

The market is spooked by the debt but at 3.5p I think it is worth a punt.

Any thoughts anyone?

[minky65] 20/10/2010 14:01

strange how all these buys have not moved the price up, yet less sells yesterday managed to push the price down by 20%.