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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Gtl Resources | GTL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 99.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 99.00 | 99.00 |
| Top Posts |
|---|
Posted at 08/11/2011 08:12 by mesquida And now investors are paying a premium so as to get a stake in the unquoted vehicle - makes you think, does it not!? |
Posted at 01/11/2011 09:24 by mesquida Clunes100- No, you will not be invested in a much larger vehicle. The vehicle that is being used to facilitate the bid has been set up solely for that purpose. When you say that investors will only benefit if the rest of the portfolio is also a roaring success you make me think that somehow you have got the impression that a GTL shareholder who chooses to stay aboard is effectively going to be invested in a North Atlantic Investment Management unit trust, but this just is not so. GTL will continue just as before, the major shareholders may well be the same as before ( although Henderson/Gartmore have very carefully avoided telling us as to whether they are to remain invested in the unquoted vehicle or not ), and in short the only difference will be that there will not be a quotation. For those people who prefer to see a share price going up and down according to the whims of the market then this will be a major turn-off. But for investors who are more interested in looking beyond the quotation and concentrating instead on what the company really is worth then the unquoted option should be seen as a most welcome opportunity. |
Posted at 01/11/2011 08:44 by clunes100 You could follow the money but I assume that you would then be invested in the a much larger investment vehicle, so even if GTL was a roaring success, investors would only partially benefit unless the rest of the portfolio was also a roaring success. In the meantime, I assume there is no reason why the company and other major shareholders can't pick up any shares sub £1, effectively at a discount. |
Posted at 16/8/2011 09:54 by ljsquash Henderson Global Investors RNS now over 28%May explain why we are 20p lower than another share I own that usually shares the price. They haven't much room for any further Buys though without an offer? Would not be too happy at this stage unless it was at least £1.50p. |
Posted at 03/6/2011 09:42 by shawzie Royal Dutch Shell PLC's (RDSA.LN) ambitious foray into renewable energy was formalized Thursday as the Anglo-Dutch major and Brazilian sugar and ethanol group Cosan Industria e Comercio SA (CSAN3.BR) put the seal on their $12 billion Raizen biofuels joint venture. Announced in February 2010, Raizen pairs the hydrocarbons giant with the world's biggest producer of ethanol from sugar cane in a move the companies said combines Shell's expertise and technology in advanced biofuels with Cosan's experience in the commercial production of low-carbon biofuels. "We are building a leading position in the most efficient ethanol-producing country in the world," said Shell Chief Executive Peter Voser. "Low-carbon, sustainable biofuels will be increasingly important in the global transport fuel mix." Earlier this year, the companies agreed that Cosan will keep its sugar retailing business separate from the ethanol venture. Shell said in August it will inject some $1.6 billion into the joint venture. The joint venture starts off with a net debt of 4.94 billion Brazilian reals. Last month, the companies established an exchange rate of 1.6287 Brazilian reais per U.S. dollar, which will apply to payments to Shell and for investments by Cosan. The venture is still under review by Brazilian antitrust regulator Cade. Raizen will produce and sell over 2 billion liters a year of ethanol made from Brazilian sugar cane, the companies said, adding that it will distribute biofuels and over 20 billion liters of other industrial and transport fuels annually through a combined network of nearly 4,500 Shell-branded service stations. "Raizen is one of Brazil's largest companies and is ready to offer international markets a clean, renewable and economically viable solution," said Cosan Chairman Rubens Ometto Silveira Mello. Raizen also will boost sugarcane-crushing capacity to 100 million metric tons a year, up from current output of 60 million tons, Raizen Chief Executive Vasco Dias said in February. Ethanol production is expected to more than double over the next five years to five billion liters a year, Dias said at that time. Of the major oil companies, Shell has been one of the most aggressive investors in green alternatives to gasoline and diesel fuel. Shell has invested in a Canadian cellulosic-ethanol company called Iogen Energy Corp., a biofuels start-up called Codexis Inc. and Wisconsin-based Virent Energy Systems, which uses chemical catalysts to transform plant sugars from switch grass or wheat straw into hydrocarbons to burn as fuel. Raizen represents a huge step in the consolidation of Brazil's fractured ethanol sector, where many of the sugarcane mills are family owned. That has made the sector ripe for picking by foreign investors flush with cash and a desire to enter Brazil's biofuels segment. Cosan's and Shell's creation of Raizen was followed by two separate deals made by Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras. In May, Petrobras invested nearly $1 billion for a 46% stake in local sugar group Guarani, the country's fourth-largest sugar miller. Petrobras then paid about $240 million for a 49% stake in Nova Fronteira Bioenergia SA, a joint venture with local sugar producer Sao Martinho SA (SMTO3.BR). Previously, consolidation in the Brazilian biofuels sector had been limited to smaller deals between rivals or investment funds. U.S. company Bunge Ltd. (Bg) in December 2009 acquired Usina Moema Participacoes SA, which owns a Brazilian sugarcane mill and has ownership interests in five others. France's Louis Dreyfus Commodities in October 2009 took control of giant sugar and ethanol group SantelisaVale. Cosan snapped up local milling group NovAmerica in early 2010. -By Rogerio Jelmayer and Alexis Flynn, Dow Jones Newswires; 55-11-3544-7071; rogerio.jelmayer@dow --Guy Chazan of the Wall Street Journal contributed to this report. |
Posted at 23/2/2011 21:06 by shawzie Investor RelationsThe shares of the company are listed on the Alternative Investment Market of the London Stock Exchange under the ticker (AIM: GTL). The company's current strategy is to enhance its corn to ethanol manufacturing process and is evaluating emerging technologies to convert its standard ethanol plant into an advanced bio-refining facility. The company is evaluating the adoption of emerging technologies in order to provide additional revenue and profit streams, incremental to the base ethanol business. GTL's goal is to further grow by applying these new advanced bio-refining technologies to other ethanol plants through merger, acquisition and licensing. |
Posted at 22/12/2010 17:55 by chairman2 or maybe Gartmore is for sale and thereforea potentially weak holder? and just maybe we wont get a proper valuation until G's shares are disposed of? The Hayseeds and Cornpones (Illinos River Farmers) could always buy it off the market and that threat may also deter professional investors. |
Posted at 16/12/2010 09:15 by nearlybroke2 RESOURCES AND ENVIRONMENTNTR Price: 90c Rating: Under Review Issued: 12/11/10 First signs of spring in US renewable energy sector? Caren Crowley FACTS: Wind Capital Group (WCG) has signed a power purchase agreement (PPA) with utility Westar Energy for the 201MW Post Rock wind power project in Kansas. NTR has 62% of WCG, a company that is developing utility-scale wind farms across the US. ANALYSIS: The PPA is a significant milestone in the development of WCG's Post Rock wind energy facility. Construction of the facility is due to commence in 2011 and complete in H2 2012. Financing for the project, for which a PPA is critical, will be another significant step in the development of the facility. Project finance will be a mixture of debt and equity. The equity portion could take the form of a tax equity investment, whereby profitable companies provide up-front investment in a project in return for future tax credits to be earned from the generation of renewable energy. However, for this to happen, a sound economic recovery in the US is a requirement. In this regard, recent evidence that the US economy has picked up some momentum is promising. A possible alternative to tax equity investment is a cash grant from the US Treasury Department. An extension to the current cash grant program, which expires at the end of this year, is currently being debated by the US Congress. Elsewhere, we note that solar panel manufacturer Abound Solar has just raised $110m in equity financing from new and existing investors. This suggests that capital markets' appetite for the renewable energy sector is slowly beginning to increase although we believe that government incentives are a key element in securing third-party investment. DAVY VIEW: The signing of an off-take sales agreement for electricity generated from a new wind power project unwinds some risk in NTR's portfolio and is an incremental positive for the group. |
Posted at 17/11/2010 07:27 by nearlybroke2 GTL has become the top profit performer in the USA per gallon of Ethanolproduced and sold. Ironically it remains this morning the most undervalued E manufacturer measured against it's more successful peers....GPRE is still valued at 3-4 times the share price, and ADM valuations are out of sight!!! Possibly, investors are still wondering whether E is here to stay, and the absence of a US listing presents difficulties to some investors. That being said....what a stellar performance!!! |
Posted at 08/11/2010 12:14 by aceuk US ethanol policy drives GTL aheadInvestors in the ethanol producer GTL Resources must be all smiles. A few weeks ago, the US government approved a 50 per cent rise in the amount of ethanol in petrol for newer cars. The green light means producers can raise the amount of ethanol in a gallon of petrol for cars made in 2007 or later to 15 per cent from 10 per cent. Industry groups are also expecting the US Environmental Protection Agency to approve a request for a similar rise for petrol used to power older cars produced between 2001 to 2006. That would be a major shot in the arm for producers, because about two thirds of cars on American roads fall in that group. All this is clearly positive for companies such as GTL, which is due to publish its half-yearly results this month. Investors familiar with this sector will know that a variety of factors, including corn prices and the ups and downs of the commodity markets, can colour ethanol prices and thus the performance of producers in the medium to long term. But in the short term, AIM-listed GTL looks all set to draw strength from changes in US policy. |
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