Gran Tierra Energy Share Discussion Threads

[knowing] 10/12/2010 10:12

Tut tut be more specific next time please.

[letsgetbizzay] 10/12/2010 10:06

72 "trading session" hours :)

[tullynessle] 10/12/2010 10:04

The GTE Company Report at Link 1 is dated 6th July, 2010 has been mentioned before on this BB. The document refers to two interesting comments copied below at Extract 1 and Extract 2.


The News Release at Link 2 is dated today (10th December, 2010) and refers to John Wood Group being "awarded a five-year gas turbine Term Maintenance Agreement by Stadtwerke München (SWM), Germany's largest municipal company supplying gas and electricity to more than one million customers in the Munich area."



Whilst there is no relationship between Wood Group and GTE, (as far as I am aware and after an hour's unsuccessful searching on Google), the Wood Group award does appear to suggest that the Business Model adopted by GTE in respect of Energy Services may offer considerable potential.

All IMOHO / DYOR



Extract 1 from the Company Report at Link 1

"Gas Turbine Efficiency Launches Outage Management Services Group"


Extract 2 from the GTE Company Report at Link 1

"OPPORTUNITY WITHIN LARGE OEMS
The large energy generating OEMs represent another opportunity for the group, he continues. "They have traditionally done their own engine servicing but are moving towards an outsourcing option - especially when they see the cost savings." There is massive potential in power generation with the pressure to retrofit low NOx technology into power stations, rather like the catalytic convertor on a car, he says."

Link 1



Company Report: Gas Turbine Efficiency (GTE) plc
Clean technology for power



Link 2



10 December 2010
Wood Group GTS awarded GE Frame 9E gas turbine contract

Wood Group GTS has been awarded a five-year gas turbine Term
Maintenance Agreement by Stadtwerke München (SWM), Germany's largest
municipal company supplying gas and electricity to more than one million
customers in the Munich area.

The contract covers maintenance of SWM's two General Electric Frame 9E
gas turbines, and includes local contract management support from the Wood
Group GTS facility in Germany, field service, parts repair and supply of new
capital and consumable parts for planned and unplanned maintenance
outages. The new capital parts to be supplied will include Wood Group GTSmanufactured APM® parts.

Release continues....

[6kenny] 10/12/2010 09:59

This taken from a recent RNS

"Separately, the Company is continuing discussions to sell substantially all of the assets of its aviation business and is exploring other long term financing alternatives involving existing investors, alongside third party alternatives."

WE COULD SEE SOME NICE FIREWORKS SOON!

[knowing] 10/12/2010 09:54

LGB if your prediction doesn't happen today it's not going to happen over the weekend ;-)

[6kenny] 10/12/2010 09:52

I wonder how they are getting on with the sale of the business unit?

[letsgetbizzay] 10/12/2010 09:33

Straight run to 7p will be with us within the next 72 hours. Hold on tight :)

[albertedwin] 10/12/2010 09:16

Still holding on, "hoping against hope" !

[pezza4] 04/12/2010 21:09

looking at the chart the only way is up!!?? lets hope so.

[empirestate] 04/12/2010 16:31

only being sarcastic albert. it is awful not having a clear the air statement, however, like you am losing too much to give up on it now, here's hoping for a decent outcome

[antstaffs] 28/11/2010 22:37

Any thoughts on what is next for GTE? Any +ve's coming soon?

[albertedwin] 26/11/2010 09:49

Are you serious, empirestate, or am I missing something ? I am afraid that I cannot see any reason for "excitement" here. I only wish there were to break the monotony. So still continuing to wait and hope, like Micawber, for something, preferably good, to turn up at last !

[empirestate] 25/11/2010 15:55

it is getting quite exciting around here

[knowing] 15/11/2010 16:20

Ask kenny!

[empirestate] 15/11/2010 16:12

blimey, do we need some positive news here.

[6kenny] 11/11/2010 08:28

minky,

cheers for the correction re turnover of business units...that puts things in a better light...

cheers...

[6kenny] 10/11/2010 22:32

obviously a badly run company with too many fat cats drawing a whopping salary....reduce the headcount immediately is what I say....greedy monkies...

[tullynessle] 09/11/2010 20:33

Interesting, article about GTE from The Telegraph, dated 20 Sep 2008.

At that time GTE Market Capitalisation was £21m.

Today at S.P. 2.75p the Company Market Cap is £2.81m - all really a bit sad.




Article follows...

[tullynessle] 09/11/2010 08:13

It makes sense to split the business.

Industrial "strategic investors" involved in / serving the aviation sector may not be interested in the Energy Services division - and vice versa.

It may be the case that 1 + 1 = 2+.

Alternatively another entity may identify synergies and be prompted to initiate corporate action prior to the divestment.

All speculation for discussion only - DYOR

[minky65] 08/11/2010 22:28

6kenny - get your facts right.from the last interim results:

Current Trading

•Current year revenue and order backlog up 5% to $33.8m as at 1 September 2010 (2009: $32.1m)

-Energy Services revenue and order backlog up 7% to $28.8m (2009: $27.0m)

-Aviation revenue and order backlog reduced by 2% to $5.0m (2009: $5.1m)

•Full year Group revenue now expected to be approximately 15% ahead of 2009, against a very challenging marketplace and economy

The aviation part of the business isn't GTE's core business with regard to earnings.

[6kenny] 08/11/2010 20:45

selling the most promising part of the business...seems a but nuts...

[minky65] 08/11/2010 17:28

Tullynessle - Thanks for the links even if some don't appreciate your efforts.It is reassuring that GTE's partners are still winning contracts especially as this is the part of the business that GTE is trying to sell in order to reduce debts.

[tullynessle] 08/11/2010 15:22

TMM

Not everything was on the GTE website - that was why I started researching further.

After finding the recent EcoPower Agreements I decided to delve further into the history of the cleaning system and its appplications & commercial opportunity.

I do understand that I may have over-posted.

However IMO the information is interesting and provides an insight into the breadth and depth of the Company's services - perhaps sufficiently for more discussion on the BB.