Gtl Resources Share Discussion Threads

[spaceparallax] 16/11/2010 15:31

Much relates to the uncertainty surrounding US demand and more importantly input prices. That said, it is a crazy PER, especially given recent broker TPs.

[workshy fop] 16/11/2010 11:58

Anybody any ideas why this remains on such a ludicrously low PE given they have already said they expect to beat market expectations too?

[aceuk] 15/11/2010 21:15

SACRAMENTO, Calif., Nov. 15, 2010 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc. (PEI) (Nasdaq:PEIX), the leading West Coast marketer and producer of low-carbon renewable fuels, reported its financial results for the three and nine months ended September 30, 2010.

Neil Koehler, PEI's president and CEO, stated, "During the quarter, we delivered strong financial performance, continuing our profitable marketing and asset management operations as well as further restructuring of our balance sheet. We believe we are now well positioned to achieve sustained growth and profitability. Production margins in the ethanol industry improved throughout the quarter and remain positive supporting our acquisition of ownership in the four Pacific Ethanol plants. We are on track to resume operations in December at the 60 million gallon per year facility in Stockton, California. With our supply portfolio, representing a majority of the low-carbon ethanol produced in California, we are now contracting sales of high-value low-carbon ethanol for 2011 in anticipation of the start of the California Low-Carbon Fuel Standard in January. We are optimistic about top and bottom-line growth in 2011."

[nearlybroke2] 12/11/2010 21:35

Of course they should....if it was friendly fire that shot short!!!

[aceuk] 11/11/2010 20:12

Arden had to go - they issued bullish notes over the last months but failed to offer any real support, rather just taking the fees. I know nothing about Cenkos but perhaps they can do better.

There were mutterings about RBC at Amerisur Resources after they took over at the start of the summer - they have (eventually!) put out a reasonably bullish note suggesting 150% upside, but more to the point they have supported AMER price in the market for weeks circa 11.5p. Over the last few days it has risen about a third from that level.

GTL should never ever have got to 8 pence.

[bsg] 11/11/2010 13:04

Attempt to scale dizzy hights of 82p !

[bsg] 11/11/2010 13:01

My guess after results > 90p, then after 15% ethanol for all vehicles >2002 share price > 100p

[spaceparallax] 11/11/2010 12:58

SP keeps making attempts at a breakout - one of these times, it will prevail.

[clunes100] 11/11/2010 09:26

Given the share price performance and the fact that the company has been so undervalued, today's RNS makes sense. I agree with 'Nearly' that a new broker will be a breath of fresh and hopefully breath life into the share price

[ducatiman] 11/11/2010 09:04

Any significance in switching to cenkos?

[nearlybroke2] 11/11/2010 08:50

You don't have to look far to realise that we will get a visit one day from the
"undervalued" daytrading brigade!!!

Gtl Resources Key Figures from ADVFN
(at previous day's close)

Market Cap. 25.91 m
Shares In Issue 31.99 m


Cenkos look to be an inspired choice, for a company
clearly unhappy with market visibility and valuation!!!

[clunes100] 10/11/2010 13:10

We are on the run up to GTL's results and I am hoping that today's rise is the start of a re rating of this share. The market capital, assets, cash flows and hopefully profit are simply not reflected in the share price In addition, haveing digested the first two production units and probably reduced debt considerably, perhaps the management will announce further developments or even aquisitions.

DYOR but I am hoping for a £1 by Xmas, let us see if I am right!

[bsg] 10/11/2010 12:26

80 - 85, I think the MM's have forgotten something?

[spaceparallax] 10/11/2010 09:08

Interesting to see the new CFO's experience in acquisitions.

[aceuk] 09/11/2010 21:16

LOL - I just read these shot up today:

CORN FUTURE       (USd/bu.) 590.250 -9.000 -1.50% @14:15

OAT FUTURE          (USd/bu.) 385.500 -3.500 -0.90% @14:15

WHEAT FUTURE(CBT) (USd/bu.) 721.750 -14.500 -1.97% @14:15
WHEAT FUTURE(KCB) (USd/bu.) 802.750 -8.250 -1.02% @14:15

[aceuk] 09/11/2010 21:01

Press Releases.GTL Resources and Illinois River Energy Appoint Jeffrey W. Lemajeur Chief Financial Officer
Chicago, IL (PRWEB) November 9, 2010

GTL Resources USA Inc. (GTL) and its subsidiary, Illinois River Energy LLC (IRE), today announced the appointment of Jeffrey W. Lemajeur as Chief Financial Officer. "We are very pleased to add Jeff to our leadership team," stated Richard Ruebe, Chief Executive Officer of GTL and IRE. "He brings significant financial and business experience in areas such as acquisitions, integration and capital transactions."

Mr. Lemajeur will provide financial oversight for both GTL and IRE including the financial, accounting and information technology departments. He will also participate in overall strategy and business development initiatives.

Mr. Lemajeur is a certified public accountant and previously served as Chief Financial Officer for three publicly traded companies. Earlier in his career, he provided auditing services for global accounting firm Price Waterhouse. He will report to Richard Ruebe.

About GTL/IRE
GTL Resources PLC, through its wholly owned subsidiary, GTL Resources USA, Inc., owns a majority interest in Illinois River Energy LLC. Illinois River Energy LLC operates a state-of-the art dry mill, corn-based processing facility which produces up to 115 million gallons of fuel grade ethanol and over 300,000 tons of dried distillers grains with solubles (DDGS) per year. The company's strategy is to enhance manufacturing through the adoption of emerging technologies which will convert its standard plant into an advanced bio-refining facility and provide additional revenue and profit streams 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. Learn more at Illinois River Energy and GTL Resources.

For the original version on PRWeb visit: www.prweb.com/releases/prweb2010/11/prweb4744474.htm

[aceuk] 08/11/2010 12:14

US ethanol policy drives GTL ahead

Investors 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.

[workshy fop] 08/11/2010 10:06

Long way to go for these then? Looks like one the market has missed.

[clunes100] 04/11/2010 14:11

For the purposes of this post I have rounded to the nearest 5 or 10m in £.

Last year 100m+ gllons produced (plus cattle feed).

£10m profit

£60m debt

£5m cash

Currently £25m market cap.

I can't remember if the Plant investment was 50m $ or £ each unit, we have two.

We know that this years production and margins are better, above expectation according to RNS.

Very roughly and being cautious:

10m profit at 15% return would value GTL at roughly 70m less debt 60m plus cash and plant at say 5m and 60m. Equals £75m

A £75m market cap should correlate to a £2.40ish share price based on 2010 results.

I have not sat down and done this properly, this is off the cuff top of the head numbers and being very cautious.

This year's result should be a lot better, higher margins, more profit, less debt, more production and there is still the insurance claim, I am not sure whether this has been settle with a pay out to GTL.

If you ran these rough figures on this year's likely results, a higher value for plant, more cash/less debt after a further 12 months of operation, the insurance pay out, say a 10 % return/vlauation, one could be looking at an share price from £2.40 to £7.50.

DYOR Posted to provoke discussion and comments, especially from anyone that has had time to model the figures properly.

[clunes100] 04/11/2010 13:45

When are the next results due?

I thought that it should be fairly soon?

[nearlybroke2] 04/11/2010 11:53

We are still only 30% of the price of GPRE on similar production targets!!!
They have nothing like the Chicago connection, railhead etc.

If this was listed in North America we'd all be better off!!

[spaceparallax] 03/11/2010 09:36

Indeed, although recent news and strong E prices should be sufficient to carry this forward.

[aceuk] 02/11/2010 20:59

82 is a massive hurdle for some reason ....

[tom111] 02/11/2010 11:08

I dont think so

[spaceparallax] 02/11/2010 09:35

Looking seriously strong, very likely to break the most recent high IMHO - might even make £1?