Greenko Share Discussion Threads

[seball] 08/6/2015 08:58

Im expecting a recovery in the share price from these oversold levels. Good luck

[awise355] 08/6/2015 08:50

Buyers biting at the line

[seball] 07/6/2015 12:24

£1.50 per share can easily be achieved. I would target £1.50 by end of the year. Good luck

[hutch_pod] 06/6/2015 22:06

I guess its not too hard to justify over a quid with a favourable resolution of the conversions ...

[cyprussteve] 06/6/2015 20:38

I accept that one should take brokers notes with a large pinch of salt, but, even the most modest one recently forecasts - " 14 May 15 Cantor Fitzgerald Buy 47.13 86.00 82.00 Upgrades " - a rise of almost double the current share price
Whilst the last Investec one - "15 Apr 15 Investec Buy 47.13 310.00 150.00 Retains " is forecasting 1.50 per share - which I suspect is somewhat optimistic.
14 May 15 Cantor Fitzgerald Buy 86.00 82.00 Upgrades
15 Apr 15 Investec Buy 150.00 Retains
I suspect most of us would be happy with the former at 82p !!!

[bikwik] 06/6/2015 13:19

Always good to look at weekly charts for more perspective.

Three noteworthy bull points:

1 Price is massively overextended beneath the 50 week moving average (should say week not day in the chart text).

2 There is a very nice weekly bull hammer reversal candlestick (weekly's are more significant than daily's).

3 The best weekly buying volume in over two years seen during this bullish candlestick is very significant.


free stock charts from uk.advfn.com

[tenapen] 06/6/2015 10:47

If the world tries again to set some carbon pricing limits, green companies like GKO will see a positive, IMO.



Royal Dutch Shell, BP plc Seek UN Support Over Carbon Pricing
Executives of major European oil companies are seeking talks with the UN to introduce a worldwide carbon pricing scheme to tackle the dangers of carbon emissions
RDS.A BP
By: MICHEAL KAUFMAN
Published: Jun 1, 2015 at 7:12 am EST


Major oil exploration and production companies in Europe are coming together to seek the United Nations’ support for the first time, in putting forward a plan that will apply brakes to global warming.

As pressure mounts on oil companies over concerns of climate change, company executives have moved to hold direct talks with government officials ahead of a UN meeting, scheduled to take place in December this year in Paris, the Financial Times (FT) reported on Sunday.

[lozler] 05/6/2015 16:19

Interesting, big support wall at 45p. Looks like a great risk reward play down here.

[bones30] 05/6/2015 12:11

IMO this has overshot to the downside way too far.

[bones30] 05/6/2015 12:10

Prior to GIC exchanging its GM Shares into Greenko ordinary shares there may be an adjustment to the number of GM Shares held by GIC under the adjustment agreement. The GM Shares initially subscribed for by GIC will be equivalent to no less than 19.5% of the fully diluted share capital of Greenko. Full details of the adjustment agreement will be set out in the Circular and GIC (and any person(s) it is acting in concert with) is limited to holding no more than 29.99% of Greenko's enlarged share capital at any time, with any balance held in GM Shares such that GIC is limited to a minority interest in GM at any one time.

[bikwik] 05/6/2015 11:54

First target is 55p......resistance (minor) from small rally high.

Second target is 62.4p....Fibonacci level

Third target is 69p......closing the gap

Fourth target is 76.2p....Fibonacci level

Fifth target is 87.2p.....50% Retracement and centre of quite a bit of resistance.

I would be very surprised to see it go up in a straight line as some of you are hoping.....perhaps. Anything is possible of course, though more likely to work its way higher over the next few weeks. Worth holding for a decent percentage gain I feel.

[bikwik] 05/6/2015 11:46

Just been looking at possible upside targets.

I took a look at previous rallies within downward legs. The first being between 38.2% and 50%, the next at just over 61.8%. Given the extent of the latest drop I think you have to be looking at least 38.2% and possibly 50.0%. However, this is not foolproof, its just better than trying to guess!

Here is the chart:


free stock charts from uk.advfn.com

[hutch_pod] 05/6/2015 09:21

Seball - lots of discussion on that board, thanks for highlighting.

[awise355] 05/6/2015 08:49

Looking ok here

[seball] 05/6/2015 08:38

Hutch_Pod it shows management are working on issue. I'm of the opinion there will be a positive outcome within next few weeks (before July 1st). If that happens then this will be back over a £1 before anyone gets a chance to buy IMO.

[seball] 05/6/2015 08:34

Agreed looks like plenty of buys this morning.

[seball] 05/6/2015 08:34

Once 45p broken then sharp move up IMO .

[awise355] 05/6/2015 08:32

How much buying needed to actually move this share price up rather than down .....

[hutch_pod] 05/6/2015 08:29

Wow seball. That is exactly what I would have hoped they would say!! Cheers.

[awise355] 05/6/2015 08:24

Good buying at 44p......

[marvelman] 05/6/2015 07:41

Many thanks seball.

[seball] 05/6/2015 07:17

Clarification on share conversion news due.This Email response was posted on another bb from company 2 weeks ago.

GKO's response to my email

The management and the board is focused in resolving the issue with share price drop. The underlying business and its fundamentals are strong and tracking in line with expectations both at the financial numbers and growth ;plans level.

The current share price drop has been a function of the concern on convertible shareholders in the subsidiary with rights to swap into PLC share may lead to significant dilution. We are actively working with institutions and convertible holders to enable clarity in the dilution and report back to the market in 2 weeks period.

Post which we believe 1GW operating portfolio and strong long term financials will be reflected in the share

price and recover rapidly from these levels.

[marvelman] 04/6/2015 16:12

SP has finally bottomed it seems. Added today and will watch and wait for the end game.