Ipsa Share Discussion Threads

[nash81] 14/1/2013 12:51

that was speeding ticket as usual.

deal still on!

wish could top up for those panick seller :)

[petersmith6] 14/1/2013 12:46

Merry Christmas....merry Easter.... Who's calander we using.?

[lufc5] 14/1/2013 12:45

Did the rns state the deal was now off?
NO!!!
It's still on....ffs.

[petersmith6] 14/1/2013 12:44

Well the news sayer there still interested so that I'll do for me,now it's time for a top up with out being mugged.

[sir leonardo] 14/1/2013 12:44

WELL WELL WELL!!!!!!

WAIT FOR IT FFS!!!!!!!!!!!!!!!!!

MERRY XMAS!!!!!!!!!!!!!!!!

[lufc5] 14/1/2013 12:42

IMO the mms have taken this down...not down purely due to minuscule sells.

[petersmith6] 14/1/2013 12:38

Me and my big mouth..

[petersmith6] 14/1/2013 11:28

And the sellers don't seam to have much effect on the share price

[petersmith6] 14/1/2013 11:14

Good start to the week. Forgot I held these....they were sat at the Gerry bottom of my monitor .

[nash81] 14/1/2013 10:27

IPSA
wont sell below 8-10p :)
malaysian company will most likely to go ahead with the deal (you heard it here first) as they already paid non refundable deposit of 3m and it will be huge embarrassment in malaysia political arena especially election is due this quarter there (yes, the chairman/ceo is political figures of some sort over there)

[sir leonardo] 14/1/2013 09:18

WELL WELL WELL!!!!!!!


WAIT FOR IT!!!!!!!!!!!!!!!!!!

[rdt101] 14/1/2013 09:16

you in here topy?

[nash81] 12/1/2013 01:11

guys, asset after turbine sales will be GBP 13.3m.
thats about 13p share price

total value IPSA around 23m, ie 23p

someone calculated in here:


IPSA is valued below its assets at the moment due to its tight cash. However, should the sale of the remaining turbines is finalised this month, it will be the trigger for rerating, which will make it debt free company, and will have surplus of cash after the working capital requirement.

Also, since the plant in south africa is already generating revenue, it is expected that it will be in profit/cash positive later in the year (ie no more fundraising/placing)

calculation:
the remaining turbine sale total proceeds = GBP 19.4m
proceeds Will be used to pay off all debts totalling = GBP 15.8
(page 4 of the report)

so, the company will have assets (and debt free) worth
= net cash after sale of turbine = 19.4-15.8 = GBP 3.6m
= other assets (property/plants) FMV worth = GBP 9.7m

so, total assets 3.6+9.7 = GBP 13.3m

and this exclude any attributable valuation to its revenue being generated by its operation in South africa, which in itself could be worth 10p more (i havent done any proper calculation on revenue in south africa).

so, total value of IPSA would be 13.3m+10m = GBP 23.3m (will be higher should they ramp up revenue in the plant)

while current market cap only around GBP 4m (at 4p sp)

this will rerate big time once the sale of turbine is finalised and the company is debt free.

let me know if I need to revise my calculation above.

based on Interim result sep 2012

[nash81] 11/1/2013 16:23

i believe the share price hasnt factored in the potential 31m, ie already factored in no deal.

so, if delay again, nothing will happen, but if confirm, maybe 20p here?

[nash81] 11/1/2013 16:14

the website for malaysian buyer

[nash81] 11/1/2013 15:48

15TH JAN IS NEXT WEEK
buy and hold

[topinfo] 09/1/2013 15:15

Patience me old China

[sir leonardo] 09/1/2013 11:49

WELL WELL WELL!!!!!!!!!

FFS WHERE IS DE NEWS!!!!!!!!!!!!!!!

RAMPTASTIC!!!!!!!!!!!!!!!!

[sir leonardo] 08/1/2013 16:03

WELL WELL WELL!!!!!!!!!!

RAMPTASIC PUMP AND DUMP!!!!!!!!!!!!!!!!!!!!