Indian Energy Share Discussion Threads

[the stinger] 08/7/2011 08:45

Back to under 20p soon i'm afraid....

[htrocka] 08/7/2011 08:41

Interesting....I see the prelims have been put back to the 20th? (five days) ...at least they`re on there way.

[htrocka] 07/7/2011 05:32

I`ve a gut feeling that New Indian Government Legislation, regarding Renewable Incentives....may be holding up the outcome..hence TATA`s latest foray into Wind farms.. (just my opinion)

[showmethehoney] 06/7/2011 23:37

Interesting reads ht.

What delay though?



"We want to see a deal concluded in a relatively short period of time," Chief Executive Officer Rupert J. Strachwitz, co-founder of the company and former financier at Dresdner Kleinwort's private equity division, said in a telephone interview late yesterday. "We're talking weeks, not months."




The Board of IEL wishes to update the market following the announcement of 1 April 2011. As stated in the Pre-Close Statement, the Company has received a number of approaches and has been actively pursuing these. The Board is pleased to announce that it has now entered in to a period of exclusivity with one party which may or may not lead to an offer for the Company. If an offer is made, it is likely to be at a premium to the current share price.


IMO htrocka we are still in weeks until the end of this month! IF an offer is made! Results due this month too.

Im keeping a close eye on this and looking to buy this month.

[htrocka] 06/7/2011 21:34

Interesting......may help to explain the delay..?(posted 24th of June)



`The Indian government is currently considering the introduction of a national renewable energy policy`

[htrocka] 06/7/2011 21:23

They could be running a ruler over IEL?

[baldeagle5] 05/7/2011 16:51

Lets hope the modest increase is a precursor to rumblings of an announcement this week..

[htrocka] 05/7/2011 05:27

look on the bright side...when Interserve made a bid for Mouchel...it was rejected and all over in three weeks..at least here...they`re still talking. Utilico would love 12p.....that`ll be the time to buy.

[htrocka] 01/7/2011 22:16

(must be Arden?)




Financial Calender.
31 Mar 2011 Company's Year End
15 Jul 2011 Estimated date of announcement of preliminary results
23 Sep 2011 Estimated date of next AGM



Interseting...... in that they they expect to be around in late September....having updated the website in March.


...various posters on this board keep asking me to submit a settlement figure...to be honest I`d rather they got themselves back on track and onto the 300M/W target.....in which case, this could turn out to be a good little investment.

[baldeagle5] 01/7/2011 17:22

Malc - not at all old chap - I'll pop up there for you now. By the way hows your 9.5p short going? Idjun!

[malcthesheepraider] 01/7/2011 17:17

He Baldy you have been missed on the HMV thread, to embarrassed to show your face a reminder of your predictions which were WRONG

Baldeagle5-28 Jun'11 - 15:35 - 13943 of 14033

MBO to be announced Thurs. You heard it here first.

baldeagle5 - 1 Mar'11 - 08:27 - 10655 of 13179


To put this in perspective, if PBT comes in at £30-35m and Waterstones is sold for £60-70m then net debt is cut to say £40m.
Current market cap of £65m puts them on an EV:EBITDA of under 2 times. Nuts.In fact the current market cap is less than they paid for Mama.

Remember Fox said they were targetting 3% margins on the music retail side (sales of £1bn) = £30m going forward.
If a bidder doesn't surface in the next 4 weeks then I'll eat my hat!

[baldeagle5] 01/7/2011 16:45

HT - I sure hope you are right as this bid would test the patience of a saint!!!!!

[htrocka] 01/7/2011 05:27

This IS the month...

[htrocka] 28/6/2011 19:02

I`d be very, very suprised if a deal of some sort didn`t go through...

[htrocka] 28/6/2011 16:14

This lot had no trouble raising finance..

[the stinger] 28/6/2011 14:29

htrocka/Bald

I'm telling you......its not on... share price tells all.....

[the stinger] 28/6/2011 14:28

htrocka/Bald

I'm telling you......its not on... share price tells all.....

[htrocka] 27/6/2011 17:50

a slight variation..



page 30



and finaly...

[htrocka] 26/6/2011 20:03

from the rns.....

"We have sufficient capital to go on for some time but we don't believe being in limbo is creating any value for our shareholders," he said. "We want to see a deal concluded in a relatively short period of time," whether that's finding an investor or selling some assets, Strachwitz said.


The interesting point is that whatever the out come......Strachwitz,CEO, expects them to still be around after the settlement.....it sounds like (at the current share price)...a win/win scenario.

[baldeagle5] 26/6/2011 15:59

HT - Interesting comparables... I agree that any sale less than 40p / share is a steal but the share price sitting stubbornly at 25p tells a different story... One of the strangest pre-bid prices I've ever seen...
Meanwhile someone over in the iii board seems to expect news next week..

[htrocka] 25/6/2011 09:06

WIND has a M/Cap of £46.13m (which includes £7m cash) producing 46.13M/W
IEL have a M/Cap of £6m (which includes £15m of debt...but includes running expenses for twelve months) producing 41.3M/W...by my reckoning ...IEL`s M/Cap should be closer to £20m. .....which is closer to the share price initially paid by UTILICO. Utilico hold the `trump cards`...there`s no way they`re going to take a `hair cut` on this one .It would be more beneficial to Utilico to increase the loan in exchange for a larger holding.....then go for the original plan of 300M/Ws...and the end game.... sell it off for £300m about five years down the line...`Simples`(my opinion only)

[htrocka] 25/6/2011 08:19

Utilico, as the major shareholders in WIND (renamed from `Renewable Energy) rejected a 67p approach while the share price was trading at 44p...the graph below reflects the response. You must remember that IEL are fortunate to have Utilico as the major shareholders...as this will undoubtdely ensure that they too will want enhanced value from their investment....and who themselves have responsibilities to their shareholders. As you correctly state...this bid may or may not go through, but what is certain is that what ever the outcome...Utilico will insist that it`s in their favour...which means it will be in our favour.


(the offer was rejected on the 28th of Jan 2011.)