Guangdong Development Fund Share Discussion Threads

[ariane] 29/12/2011 18:02

(CercleFinance.com) - GDF-Suez fuse à la hausse vers 20,8E (résistance oblique moyen terme) et teste pour la 3ème fois en 3 séances la MM100 qui gravite vers 20,78E.
En cas de débordement, le prochain objectif se situerait désormais vers 21,5E puis 23,09E (ex 'gap' du 17 octobre) et enfin 24E (zone de résistance testée le 10 octobre).

[waldron] 27/12/2011 08:50

source: TEC

MOUVEMENTS ET NIVEAUX
Le titre est orienté à la hausse. Il est au-dessus de sa moyenne mobile 50 jours. La moyenne mobile à 20 jours est supérieure à la moyenne mobile à 50 jours. Le support est à 18 EUR, puis à 16,82 EUR et la résistance est à 22,14 EUR, puis à 23,32 EUR.

[the grumpy old men] 25/12/2011 08:58

GDF Suez delays decision on Cygnus fabrication
French operator pushes back date on choice of preferred bidders for contract by up to six months

France's GDF Suez has delayed making a decision on the preferred bidders for fabrication contracts on its multi-platform Cygnus gas project in the UK North Sea to as late as mid-2012.

IAIN ESAU London 24 December 2011 01:04 GMT

Sources said a decision had been due by the end of this year, but this has now been pushed back by up to six months.

One project watcher said GDF and partners Centrica Resources and Bayerngas want more time to evaluate yards in the light of concerns about fabrication capacity in tightening market conditions.

"They've looked at the project, looked at the market place and are putting a lot of thought into the fabrication (process)", said the source. Upstream understands GDF is not in a rush to award contracts in a market that is hotting up and has yet to establish its budget.

It is even thought that first gas could be delayed one year from late 2014 to ensure costs remain under control.

If long lead items, such as steel, are not ordered soon, added one observer, then first gas may have to be delayed.

This potential delay means GDF is more or less reverting to its original schedule of placing contracts in 2012 instead of toying with an accelerated schedule.

However, the awards could still come before mid-2012 because GDF may "want to book yard capacity early," said a source.

A final investment decision on the project is due to take place in the second quarter of next year.

GDF, headed by chief executive Gerard Mestrallet, was initially thought to have put two packages on the market - covering decks and topsides - of a four-platform development.

However, sources said there are more than two package, adding that contract awards will also be phased in "over four to five years".

It is understood that UK yards competing for the work include BiFab, Heerema, OGN, SLP, Global Energy Group and Tees Alliance Group.

Cygnus will be developed by a hub complex of three-bridge linked platforms and an outlying not-normally manned installation.

The hub will consist of a process and utilities platform with a 3300-tonne deck, a living quarters facility with a 2500-tonne topside and a wellhead platform.

A compression module will be added at a later date.

•• UK fabrication yard SLP Engineering has landed a contract to build a 140-man living quarters module for Nexen's Golden Eagle project in the UK North Sea.

Published: 24 December 2011 01:04 GMT | Last updated: 24 December 2011 01:04 GMT

[la forge] 23/12/2011 18:40

..GDF Suez : support à 19.1.

Chart's – il y a 57 minutes
....
Share0MailImprimer.....Sociétés :...GDF SUEZ . ...COURS LIÉS.
.Symbole Cours Variation
GSZ.PA 20,48 +0,28

......Sur les 5 derniers jours, le titre a peu évolué, gagnant 3.78%. Depuis le début de l'année, il est en baisse de 23.74%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est inférieur à sa ligne de signal et négatif. L'enfoncement de la zone des 50 sur le RSI validera une poursuite de la baisse. Enfin, le titre est supérieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en baisse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 22.5 puis 23.4. Tandis que les prochains supports sont sur : 19.8 puis 19.1.

Notre préférence : consolidation vers 19.1 avant un rebond.

Le point d'invalidation de notre scénario est situé sur : 19.1.
Cours de référence : 20.5.
Copyright © CHARTS

[waldron] 20/12/2011 20:19

PRESS RELEASE

December 20th, 2011

GDF SUEZ and CIC have closed the first deal of their partnership
GDF SUEZ and CIC have closed the acquisition by CIC of a 30% minority stake in GDF SUEZ Exploration & Production International SA and of a 10% stake in the train 1 of the Atlantic LNG liquefaction plant in Trinidad and Tobago. This transaction is the first milestone of the partnership between the two groups announced in August 2011.
According to the memorandum of understanding signed in August 2011, GDF SUEZ and CIC have agreed to cooperate on a non-exclusive basis to help accelerate their respective strategies. The partnership will be deployed across GDF SUEZ Group's businesses (natural gas, electricity, water and waste, and energy efficiency services) and sets up the framework for cooperation in three areas: joint investment opportunities in existing and new energy-related projects among others in the Asia-Pacific region; financing cooperation in new projects in the region; and commercial sponsorship and support to GDF SUEZ in the region.

About GDF SUEZ
GDF SUEZ develops its businesses around a model based on responsible growth to take up today's major energy and environmental challenges: meeting energy needs, ensuring the security of supply, combating climate change and optimizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,350 people worldwide and achieved revenues of €84.5 billion in 2010. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.

[waldron] 20/12/2011 18:43

(CercleFinance.com) - Dans le cadre d'une note sectorielle sur les valeurs européennes de l'énergie. Au terme de cette étude, seul GDF Suez est conseillé à l''achat', bien que l'objectif de cours associé soit abaissé de 31 à 27,5 euros.

[waldron] 17/12/2011 19:31

International Power CFO steps down
Fri 16 Dec 2011

IPR - International Power

Latest Prices
Name Price %
International Power 319.80p -2.11%

FTSE 100 5,387 -0.25%
FTSE 350 2,830 -0.25%
FTSE All-Share 2,765 -0.26%
Gas, Water & Multiutilities 4,530 -0.39%

LONDON (SHARECAST) - International Power's Chief Financial Officer (CFO), Mark Williamson will step down from the board at the next annual general meeting on 15 May 2012 in order to take up a position in GDF SUEZ.

Geert Peeters will join International Power as Deputy CFO on 3 January, and is set to joined the board at CFO when Williamson leaves.

Peeters is currently Vice President (VP) and the CFO of the Global Gas & LNG division of GDF SUEZ.

He previously worked for GDF SUEZ North America for eight years holding various senior positions, with his last role being VP and CFO of GDF SUEZ North America.

Dirk Beeuwsaert, Chairman of International Power said: "We are delighted that Mark is staying on within the wider GDF SUEZ group, which will benefit immensely from his experience.

"We welcome Geert to the International Power team, his strong financial and senior management experience in the international energy sector will be very valuable in helping International Power achieve its growth ambitions in a financially disciplined way."

[waldron] 13/12/2011 05:48

12/12/11 16:12 GDF SUEZ : CA Cheuvreux reste à Sous-performance


(AOF) - Selon une source de marché, CA Cheuvreux a réitéré son opinion Sous-performance et son objectif de cours de 22 euros sur GDF Suez

[waldron] 13/12/2011 05:46

CM-CIC securities a conservé sa recommandation d'Achat et son objectif de cours de 29,55 euros sur la valeur tandis que Morgan Stanley a préféré rester à Pondérer en ligne avec un objectif de cours de 23 euros.

[waldron] 12/12/2011 12:01

EDF Won't Bid For Le Treport Wind Farm Project- Report
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EDF (EU:EDF)
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Today : Monday 12 December 2011
French state-controlled utility Electricite de France SA (EDF.FR) has decided not to bid for the development of a wind farm in Le Treport in northern France, reports French business daily Les Echos Monday.

"We have taken this decision in order to focus on the four other [wind farm] areas," David Cordhia, the chief executive of EDF Energies Nouvelles, is quoted as saying by Les Echos.

There were fears within the group that the project would meet significant resistance in the region, especially among fisherman, says the report.

EDF's early withdrawal from the race also shows a certain "realism," as French energy company GDF Suez SA (GSZ.FR) is already a few steps ahead because it has been working in the region since 2005, says Les Echos.

The French government announced in July the launch of a EUR10 billion tender offer to build five offshore wind farms in a bid to boost the country's renewable energy industry.

The wind farms, which will comprise some 1,200 wind turbines off the north and west coast of France--in Le Treport, Fecamp, Courseulles-sur-mer, Saint-Brieuc and Saint-Nazaire--should generate 3.5% of the country's electricity output, the French ecology and industry ministries said.

The long-awaited tender is part of a wider government push to make renewable energy account for 23% of total energy production by 2020. It also comes as France's government is under increasing pressure to reduce its dependence on nuclear power.

Newspaper Web site:

-By Paris Bureau, Dow Jones Newswires; 33-1-4017 1756; [e-mail]

[waldron] 12/12/2011 11:26

MOUVEMENTS ET NIVEAUX
Le titre est en phase de reprise technique. Il est au-dessus de sa moyenne mobile à 50 jours. Le support est à 17,64 EUR, puis à 16,55 EUR - la résistance est à 23,05 EUR, puis à 25,22 EUR.

[waldron] 12/12/2011 11:26

Gdf Suez : Exane recommande l'achat, potentiel de près de 30 % de hausse



I GUESS THAT WOULD MAKE POTENTIAL TARGET

OF EUROS 27.75

[grupo guitarlumber] 10/12/2011 10:00

Shares of French utility GDF Suez SA rose nearly 5% after announcing plans to speed up development in emerging countries, with plans to double its external liquefied-natural-gas sales to emerging markets by 2020.

source: WSJ

[grupo guitarlumber] 10/12/2011 09:11

GDF-Suez : redécolle vers 21,3E,

(CercleFinance.com) - GDF-Suez a repris appui sur les 20,3E, bien avant de s'être rapproché de la MM20 qui gravite vers 19,7E.
Le titre déborde de nouveau les MM50 et MM100 regroupées vers 21E: le prochain objectif, désormais très proche (tout comme le 2 et 7 décembre), c'est le comblement du 'gap' des 21,61E du 28 octobre.
En cas de rechute sous les 20E n'est pas exclu que le titre vienne symétriquement refermer le 'gap' des 18,17E du 25 novembre.

[grupo guitarlumber] 09/12/2011 18:46

Le vendredi 9 décembre 2011, à 19h 25
Sur les 5 derniers jours, le titre a peu évolué, gagnant 2.01%. Depuis le début de l'année, il est en baisse de 20.52%.

Du point de vue de l'analyse technique : le RSI est supérieur à sa zone de neutralité des 50. Le MACD est supérieur à sa ligne de signal et positif. La configuration est haussière à court terme. Enfin, le titre est supérieur à sa moyenne mobile 50 jours.
A noter que les volumes sont en baisse depuis quelques jours.

Graphiquement : les niveaux de résistances se situent sur : 23.4 puis 24.4. Tandis que les prochains supports sont sur : 19.7 puis 19.

Notre préférence : Le titre GDF Suez (Euronext: GSZ.NX - actualité) (GSZ) est haussier tant que 19 est support.

Le point d'invalidation de notre scénario est situé sur : 19.
Cours de référence : 21.3.
Copyright © CHARTS .

[grupo guitarlumber] 09/12/2011 14:56

French GDF Suez sees 8% drop in gas output next year to 55 mil boe
London (Platts)--9Dec2011/815 am EST/1315 GMT




France's GDF Suez said Friday it expects its gas production to drop around 8% next year, from 60 million barrels of oil equivalent in 2011 to 55 million boe (8.8 billion cubic meters) in 2012 and 2013.

Expected production of 60 million boe this year would be 17% higher than 2010 levels, and GDF Suez now targets production of around 65 million boe by 2014-15, the group said at a strategy presentation.

The drop in output next year is mainly due to the sale of the group's 10.4% stake in the UK's Elgin and Franklin North Sea gas fields to Total, announced earlier this week, a GDF Suez spokeswoman said.

The Elgin Franklin fields has a plateau production capacity of 140,000 b/d of condensate and 13 million cu m/ day of gas.

At GDF Suez' half yearly results presentation in August, CFO Gerard Lamarche said the company expected "an additional 10 million boe before 2013" compared with 2011 figures, but this was an outlook before the sale of the Elgin Franklin stake, the company spokeswoman said.

Production is forecast to be boosted in 2014 by the commissioning of the Gudrun Field in the North Sea, which has an estimated plateau production of 10 million boe/year. The 14.2 million boe/yr Cygnus gas field in the North Sea and 14.8 million boe/year Touat field in Algeria are expected to be commissioned in 2015, GDF Suez said.

The group also confirmed Friday it was concentrating on expanding in fast-growing emerging markets.

It aims to double external LNG sales to emerging markets by 2020, from 34 TWh in 2010 to around 68 TWh by the end of the decade.

In October, the group said January-September 2011 LNG sales rose 34% on the year to 31 TWh, with the number of cargoes delivered to Asia almost doubling, from 9 to 16.

In August, the group signed cooperation agreements with China Investment Corporation and China National Offshore Oil Corporation, through which CIC agreed to invest Eur2.3 billion ($3.1 billion) in GDF Suez' Exploration and Production division to take a 10% stake.

The French company also wants to strengthen integration and optimize positions in mature markets and preserve a 'balanced business profile,' it said Friday.

GDF Suez reiterated its aim to increase installed power capacity from 113 GW to 150 GW by 2016, with 90 GW of this outside Europe. It wants to increase renewable power capacity by 50% from 2009 levels by 2050.

The development plan also includes a 40% increase in revenues from energy efficiency by 2016-17.

--Robin Sayles, [e-mail]

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