Kbc Adv.Tech. Share Discussion Threads

[simon gordon] 12/2/2015 09:34

APAD,

We know PSP has been very slow to adopt, launched October 2012.

It just needs one deferred/cancelled project and they'll warn or subtly nudge down.

I have read that the industry is moving from Capex to Opex but will there be a "mind the gap" period?

[apad] 12/2/2015 09:26

Full year in March is my key point SG (I'm assuming you think they won't pull anything new out of the bag then).
If they don't have anything on their software to crow about I shall lose conviction.
apad

[simon gordon] 12/2/2015 09:17

I've sold out again, did not have any appetite to buy more when the share went into the 80's, always a sign for me that I have poor conviction.

Think I'll wait to see how things are shaping up in September with the Interims.

[gargoyle2] 12/2/2015 08:38

Totally agree that the software is key here.

[apad] 12/2/2015 08:11

G,
I take it that way too, but there isn't a great future there.
It's adoption of integrated software that I want to hear about.
I earn money consulting and I don't want to own any consulting companies unless they have an additional string to the lute.
apad

[gargoyle2] 12/2/2015 05:59

BTW, a flurry of buying after around 2pm yesterday -- I suspect we may see another Kestrel RNS today or tomorrow. Would be nice if it was someone other than Kestrel though.

[gargoyle2] 12/2/2015 05:56

APAD, re the consultancy/management speak.. What I think Godden is saying is that KBC is helping the Middle Eastern state-owned organizations train up their local workforce -- and that is certainly very topical. Since the 'Arab Spring', pretty much all the ME countries have an emphasis on this. Kuwait has 'Kuwaitization', the UAE has 'Emeratization', etc., i.e. training up the young local workforce to do the jobs that expensive expats may have been doing in the past. I have no idea what sort of margins the HPI work generates, but it's certainly a burning issue in the ME at the moment.

[simon gordon] 11/2/2015 18:02

Ian Godden interviewed in Pipeline magazine - 9/2/15:

[simon gordon] 05/2/2015 20:21

KBC website- 2/2/15:

Low Oil Prices - What Should Operating Companies Do Now?

The recent and rapid collapse of oil prices from $100+ to less than $50 per barrel has created a challenging environment for all companies in the energy sector. Many operating companies have deferred or cancelled projects, curtailed exploration and drilling activity. Virtually all have initiated some type of cost reduction program. For the upstream sector, this has in turn led to oilfield services companies announcing significant downsizing. As all energy sector companies look to control costs in this cash-constrained environment, KBC sees opportunity in the face of these challenges.

As others have previously pointed out, industry cycles have shown that one should use this price drop as an opportunity to drive through fundamental improvements in operations. Deep cuts in maintenance, production, and operating budgets can actually damage asset integrity, reduce reliability, and negatively impact production—the very engines of cash generation. An unfocused cost-cutting response can also lead to the loss of the most capable and critical staff. In short, now is the best time for Operational Excellence.

KBC believes operating companies should sharpen their focus on three critical elements of Operational Excellence:

~World class well and reservoir management

~Operational efficiency, reliability, and productivity

~Investment in people and capabilities

Addressing these three imperatives will help maximize revenue and reduce cost of production on every barrel. They will also help make focused cost reductions, justify new spend, and support superior returns until the price recovery eventually comes.

How can KBC help you achieve Operational Excellence?

We provide world class tools for production system design and optimization with our own Infochem Multiflash™, FEESA Maximus™ and Petro-SIM™ technologies, as well as the comprehensive consulting services to help you achieve and sustain superior results. We work with other third-party tools such as Flaretot, and partners such as Kongsberg, to provide a complete range of solutions.

Well and Reservoir Management

Optimizing your production system demands superior well and reservoir management. KBC’s expertise focuses on the design and operation of production systems whose function is to separate and transport oil, gas and water with minimum backpressure on the wells and reservoir. KBC’s FDP RightSize and Flow Assurance Services help minimize regret capital spend during the conceptual development stage of capital projects—be they Greenfields or Brownfield additions.

Operational Efficiency, Reliability and Productivity

More than 70% of the today’s oil production comes from fields older than 10 years, and 90% of all production uses some form of artificial lift or enhanced oil recovery (EOR). It is a truly exceptional production system that can’t benefit from an increase in operational efficiency, reliability or productivity. In fact, our experience shows that production system availability has the single largest impact on Overall Asset Effectiveness (OAE) next to well downtime.

KBC’s Produce the Limit Services focus on unlocking the Maximum Achievable Potential (MAP) of the production system by holistically addressing process, energy and reliability. The results are the right unit cost reductions and operational improvements that re-align the production system as the wells and reservoir change throughout their lifecycle.

Investment in People and Capabilities

The key to sustained performance is a capable workforce who works smart – plans, schedules, executes, measures, evaluates, and makes consistently sound decisions– with the right skills and abilities. KBC’s Workforce Capability services focus on the getting the organization ‘right’, streamlining processes, training and skill building, troubleshooting, increasing wrench-time, improving process safety and operational integrity, and managing change. We go well beyond the classroom to deliver experience-based, hands-on coaching and mentoring of field and facilities personnel. We help you, to quote Stephen Covey, “Sharpen the Saw.”

Why Act Now? How Long Will Prices Remain Low?

Forecasting oil price is difficult and depends upon factors that change over time. Many aren’t even well measured, but KBC’s commercial Energy Economics service group forecasts a 12-18 month price dip. Recovery is likely to be slow, as fundamental supply and demand gradually rebalances over this period. We see crude price volatility continuing with an average of $50-$65 per barrel until the end of 2015. Though this represents an increase over the current lows, we don’t see it high enough to return to an investment program similar to the period before OPEC’s November 2014 meeting.

So now is the time to get started. For more information on KBC’s Upstream solutions....

[gargoyle2] 26/1/2015 14:03

Kuwait looks like it's going to be busy over the next few years developing new refineries and petchem projects. Expecting KBC to get a fair chunk of work out of that.

[actybod] 22/1/2015 20:12

another mini write up in shares mag - they love it.

[simon gordon] 22/1/2015 13:13

APAD,

Not much to say. Hoping a big contract in the Gulf will get it roaring again. Other than that, it's a plodder.

[apad] 22/1/2015 12:48

Strange, small company behaviour. You wonder why the share price hasn't reacted to news, buy some more whilst worrying about what you might have missed and then…blip!
I advised my wife to buy these and we christened them her 'get rich quick, slow, quick, quick, slow share'
SG - where the hell are you:-)
apad

[brummy_git] 22/1/2015 12:38

Looks as though CEO Suncor have the same view as ED on the future direction of oil prices

A senior Suncor Energy Inc. executive said Wednesday the company won’t delay its biggest long-term growth projects because it expects crude oil prices to double from current levels within the next three to four years.

“In the longer term, oil is going to go back to $90-$100,” Alister Cowan, the oil sands producer’s chief financial officer, told investors attending a Canadian Imperial Bank of Commerce conference in Whistler, British Columbia, saying that prices would rebound to that level “probably in three years or four years’ time.”

That bullish outlook echoes recent comments by CEO Steve Williams, who has said he also expects oil prices to climb back to the lofty levels of last summer.
“Our long-term expectation is for an average oil price in the $90 to $100 range,” Mr. Williams told The Wall Street Journal after the OPEC meeting.

[gargoyle2] 22/1/2015 08:28

Can't argue with that. I like an update with lots of 'strongs' and 'significantlys'. Looks like 2015 is shaping up to be a cracking year imo.

[brummy_git] 22/1/2015 08:15

Should see a positive bounce in the stock is morning. Also new investor note from Equity development.

hxxp://www.equitydevelopment.co.uk/doc/1310.pdf

[actybod] 22/1/2015 07:52

Happy with the update

[paleje] 22/1/2015 07:38

Confident and reassuring trading update this morning.

[apad] 17/1/2015 08:06

Ta,
More confidence indicators:
apad
The Company announces that on 16 January 2015 the executive directors shown below exercised share options as set out below over ordinary shares in the Company of 2.5p nominal value ("Shares").

Andrew John Howell exercised an option under the Company's Long Term Incentive Plan 2006 to acquire 50,000 Shares at nil cost. Mr Howell sold 16,383 Shares at a price of GBP0.88 per share in order to settle taxes due upon exercise.

Mr Howell also exercised an option under the Company's Discretionary Share Option Plan 2013 to acquire 32,500 Shares at a cost of GBP0.025 per share. Mr Howell sold 11,274 Shares at a price of GBP0.88 per share in order to meet the cost of the exercise and settle taxes due upon exercise.

Mr Kevin Edward Smith exercised an option under the Company's Discretionary Share Option Plan 2013 to acquire 42,500 Shares at a cost of GBP0.025 per share. Mr Smith sold 16,607 Shares at a price of GBP0.88 per share in order to meet the cost of the exercise and settle taxes due upon exercise.

Following the above transactions, Mr Howell is interested in 54,843 Shares, representing approximately 0.07% of the issued share capital of the Company, and holds options over 151,500 Shares.

Following the above transactions, Mr Smith is interested in 47,683 Shares, representing approximately 0.06% of the issued share capital of the Company, and holds options over 127,500 Shares.

[gargoyle2] 13/1/2015 17:40

APAD, there was a trading update at the end of January last year, so I'm expecting to hear something before March.

[apad] 13/1/2015 15:37

Good to see it falling off after the fillip of director buying.
It seems to be off the radar of the new year tipsters, so with any luck it'll fall to 80+p again.
Currently 1.4% of portfolio and I'd like to see it at 2+%.
Final in March so there is plenty of time for it to drift.
apad

OT
Bought Zytronic and Castings today in my Mum's income portfolio - I am shying away from the usual suspects. Am I mad, or is there method? Help please!

[actybod] 09/1/2015 22:15

Good timing Simon! - yes hopefully a run now up to 125.