Gtl Resources Share Discussion Threads

[cerrito] 31/10/2011 08:37

Aceuk
I hope they fail...but with 51% of the shares in favour it would be a very big surprise, however pleasant it may be.

[aceuk] 31/10/2011 08:23

My thought is SINAV can foxtrot oscar - I hope they fail. £1.50 is realistic and was further prepared to wait 2 -> 3 years to achieve a sensible price.

[clunes100] 31/10/2011 08:08

It had to come sometime, The share price was so under valued in such a positive ethanol market, i am waiting for 1.25-1.50 at least.

[cerrito] 31/10/2011 08:08

SINAV have got a good deal but Henderson/Gartmore will be happy.
I am not happy as was prepared to wait.
Will not be taking the SINAV unit alternative as I have never heard of these people and not sure what I could do to make myself comfortable with them.
Bad news is I lock in quite a big loss-average price £1.39; good news I can recycle the money given AIM bargains.

[puffintickler] 14/10/2011 07:31

Jammy, your message makes no sense.

A margin is the difference between prices, the increase or decrease of one related price tells us nothing.

GTL profits do not depend on gasoline prices.

They depend on the margin between ethanol and corn less a proportion of the cost of gas plus the value of DDG.

Currently, and for many months, this margin has been at a highish level. Profits will be highish too whereas the share price is "expecting" lowish.

[jammy00] 13/10/2011 19:42

The drop in gasoline prices
and the underlying drop in crude is
eroding margins and growth incentives for ethanol

I would expect some weakness
its the mnore interesting then that the price
is so stable

[puffintickler] 13/10/2011 19:26

Indeed the forthcoming results will include the benefit of good margins which the share price has not factored in. I make the PER about 2-3 for the period that will be reported, and that is not really factoring in anything for Zein.

We should see a decent rerating, no downside risk from here either.

[spaceparallax] 13/10/2011 14:43

Given recent feedback from the Company, the sp's much more likely to leap upwards than dip sharply.

[vish65] 13/10/2011 14:12

Based on GTL's performance , probability is 'up' , but its the wider economic picture that is spooking me (and the markets) at the moment

[jammy00] 13/10/2011 13:47

or the other way

[spaceparallax] 13/10/2011 12:20

Don't get too frustrated - just look at the breadth of firm support that we're developing. A bit of good news could see this leap sharply.

[vish65] 12/10/2011 20:54

wish this share would move up or down just to keep me interested

[spaceparallax] 29/9/2011 09:18

My thanks too Cerrito

[jammy00] 28/9/2011 19:28

thanks for the AGM note

any Americans in evidence - I wonder
what they think of the share price, and,
the UK quote??

[puffintickler] 28/9/2011 19:21

Thanks for the feedback Cerrito. Personally I think the range will be broken after the next results are published. Sure, nothing earth shattering at the AGM (although Biodiesel does sound an interesting development) but the share price should be higher than it is anyway.

[ljsquash] 28/9/2011 19:12

Thanks Cerrito.

[cerrito] 28/9/2011 19:09

was sole shareholder at AGM
good people.
Did not learn all that much; the advance that the parent company made to IRE was to part fund the CHP plant; did not appreciate that ethanol has a higher octane content than petrol worth 80USc a gallon.
Seemed comfortable with the future ie on going increase in fuel usage; higher octane content; E15 which was not discussed nd no new capacity.
Debt reduction very rightly big priority.
Will be starting to produce a raw material for biodiesel (did not catch the name) which will use the oil they use in ddgs so ddgs tonnage sales will go down..they get a better margin with the biodiesel input.
To be honest not sure if there is a reason for the share price to break its range of 60/85 of the last 15 months but am v comfortable that the price range in say H22012/2013 will be higher.
Given the share price is so dependant on the £/US$ rate, the price of corn and the price of oil it is so difficult to be too precise.

[puffintickler] 28/9/2011 12:30

No more than i expected, but the market has yet to price the improved margin in.

The withdrawal of blenders credit may weigh on these shares until December but once it has gone the price should bounce up fairly quickly once the market sees that the effect on manufacturers margins is small.

[spaceparallax] 28/9/2011 09:37

AGM statement sounds positive

[caveat_emptor] 23/9/2011 13:10

I guess we hold shares that are either being protected from
a predatory bid....worse luck....or beng lined up for a bid.....

[spaceparallax] 23/9/2011 10:51

I'll be intrigued to hear of further developments re alternative feedstock and Zein

[jailbird] 23/9/2011 09:40

so where is the stock coming from..someone has sold to these holders....all good news though....

still reckon a bid will come eventually

[spaceparallax] 23/9/2011 09:19

yet more news today

[mesquida] 22/9/2011 21:41

But who exactly is Marc Downes?

[spaceparallax] 22/9/2011 21:19

Nice to see Rock increase their holding