Kibo Energy Share Discussion Threads

[guitars4stars] 09/10/2018 17:13

Same here re filter - not worth engaging some times look it out of curiosity yet nothing changes :)

[yaki] 09/10/2018 17:00

G4S
I have them filtered so missing out on it. But I have very little time to waste, so works well for me

[catchingmice] 09/10/2018 16:37

The Geezer is absolute clueless and if he was that confident then he would be snapping stock up on the sausage & chips.He's backed LC and not the fundamentals of the company.Yabadabadoooo

[catchingmice] 09/10/2018 16:29

TwitterToday 16:24Hi Wimborne. I am able to log into Twitter but how do I access the closed groupWhy is it closed ? & please let me know when you access it I'm interested in joining.Thank youThe MICE

[guitars4stars] 09/10/2018 15:54

Good balanced view Yaki I know they like both sides of the coin over here!

[aimchimp] 09/10/2018 14:54

Special relationships?Close to them?Any day now?IMVHO?BS?Go back to your twitter boiler room YAKI where you can work on more ways to try and mislead investors?

[yaki] 09/10/2018 14:29

Hi Lurker/JC
Re your profit figures, the accounts of some these companies showed more like 25%, eg Viridis and they look like 95% geared.

If MED can do that, that would mean need of 300k equity only for their share, which can be returned within a year!

Also, let's not forget GE Power and GE Finance. LC is quite close to them!!!

10mln GP and close to 5mln profit!!

[catchingmice] 09/10/2018 11:58

MASTToday 11:17The clappies should think about this.LC has obviously (and belatedly) realised that the minority stakes it will end up with in his power projects won't give Kibo any income, until the majority shareholders declare a dividend - which is likely won't be for many years and might be not at all until project loans are repaid. Meanwhile Kibo's outgoing cash just to keep the lights on and LC being paid - apart from costs for yet more projects - is some £2m pa.So - Bright idea - How about MAST ? A Quick Quid Cash Cow ! Going by UK Power Reserve's operating companies, (similar to proposed by MAST) capex for a 20MW plant is around £8-£10m, on which it might earn £1.5m pa revenue with an operating profit up to £1m. After tax therefore Kibo's 60% share wouldn't be more than £0.4m pa from each project. So we're looking for at least five of them.That's if MAST's projects are as attractive as UKPR's - unlikely because UKPR has been growing fast (and isn't the only key player) with over 40 projects and is backed by major corporations, so is likely to have snapped up all the best ones. Against that MAST might have promised connections, but has no contracts (otherwise Kibo would have paid a lot more than £300k) and appears to be run by one man (a mate of Louis' from S Africa with no discernible experience in the industry) and a dog. As ever, LC has given few clues to enable investors to work out whether a viable idea or not. The 18% 'potential' irr's look about right, but his quoted NPV's seem to depend on using a low discount rate. Knowing that a 20MW plant is likely to cost at least £8m to £10m, where is Kibo's 60% share of a total £50m going to come from ?UKPR seems able to borrow quite heavily against its plants. But they have attractive forward contracts from guaranteed take-offs at good tariffs. We have to assume MAST will be signing something similar. LC should say when.Heavy borrowing will, of course detract from the plants' cash generation, so Kibo will need more than five, and without it Kibo is going to have to issue a lot more shares to fund even half its £30m plus share of the cost !I could draw even more conclusions (even assuming a Sepco cash injection, which in my view is problematic). But the clappies would be even more upset.If they don't want to be, they could use the tremendous leverage their boasted enormous shareholdings should have with LC to demand much more clarity about his future cash flow problems, and his plans including MAST (including their 'positive feasibility studies') and Sepco to deal with them. Either way, there's going to be a lot more dilution.Excellent post by Lurker once again who seems to have all the aces up his sleeve and spells it out.If I was a holder I would certainly take everything on board what Lurker has said & furthermore would be tempted to offload 70% of my KIBO holding and just let the remainder 30% play out.Please don't take this as advice and once again DYOR as shares can go up or down.I am no Financial advisor even though a few may think I am.The MICE

[mikemike16] 09/10/2018 11:52

Not suppressed over there why should it?

they know you are never right:))

[lurker5] 09/10/2018 11:20

re MAST - posted here because certain to be 'suppressed' over there

The clappies should think about this.
LC has obviously (and belatedly) realised that the minority stakes it will end up with in his power projects won't give Kibo any income, until the majority shareholders declare a dividend - which is likely won't be for many years and might be not at all until project loans are repaid. Meanwhile Kibo's outgoing cash just to keep the lights on and LC being paid - apart from costs for yet more projects - is some £2m pa.
So - Bright idea - How about MAST ? A Quick Quid Cash Cow !
Going by UK Power Reserve's operating companies, (similar to proposed by MAST) capex for a 20MW plant is around £8-£10m, on which it might earn £1.5m pa revenue with an operating profit up to £1m. After tax therefore Kibo's 60% share wouldn't be more than £0.4m pa from each project. So we're looking for at least five of them.
That's if MAST's projects are as attractive as UKPR's - unlikely because UKPR has been growing fast (and isn't the only key player) with over 40 projects and is backed by major corporations, so is likely to have snapped up all the best ones. Against that MAST might have promised connections, but has no contracts (otherwise Kibo would have paid a lot more than £300k) and appears to be run by one man (a mate of Louis' from S Africa with no discernible experience in the industry) and a dog.
As ever, LC has given few clues to enable investors to work out whether a viable idea or not. The 18% 'potential' irr's look about right, but his quoted NPV's seem to depend on using a low discount rate. Knowing that a 20MW plant is likely to cost at least £8m to £10m, where is Kibo's 60% share of a total £50m going to come from ?
UKPR seems able to borrow quite heavily against its plants. But they have attractive forward contracts from guaranteed take-offs at good tariffs. We have to assume MAST will be signing something similar. LC should say when.
Heavy borrowing will, of course detract from the plants' cash generation, so Kibo will need more than five, and without it Kibo is going to have to issue a lot more shares to fund even half its £30m plus share of the cost !
I could draw even more conclusions (even assuming a Sepco cash injection, which in my view is problematic). But the clappies would be even more upset.
If they don't want to be, they could use the tremendous leverage their boasted enormous shareholdings should have with LC to demand much more clarity about his future cash flow problems, and his plans including MAST (including their 'positive feasibility studies') and Sepco to deal with them. Either way, there's going to be a lot more dilution.

[aimchimp] 09/10/2018 10:07

The LSE happy clappys are reporting and organising deleting of postings today it looks like now why do that?"Equity is only up because more projects bought, and paid for with new shares. Bigger retained deficit is what counts - shows Kibo has gone backwards. It will only go forwards when a profit is made in a year. That's unlikely to be for many years. Even if MCPP et al get up and running, earnings won't flow through to Kibo - only any dividend they pay - although the earnings will be 'credited' to the P&L account. But with any dividend unlikely before at least 5 years from now, cash will continue to flow out of Kibo. That's why (for appearance sake) LC wants his MAST 'cash generator'. Trouble is it needs yet more cash investment up front. Once that is paid for (by shareholders of course) he can start to point to some cash flowing in, even if it isn't enough !"

[aimchimp] 09/10/2018 06:32

They were saying a buy all the way down from 9p and now guitar idiot is saying "that one my buy" as if this some sort of achievement when the chart is poor and there look to be many issues with the news flow they have been "expecting" since 2015 "any day now" so maybe that was not so much of a well times "buy" if it was a "buy" at all but what else can you expect from some one like that who ignores others view?

[mikemike16] 09/10/2018 02:55

Lurker

if you are you mate gin gave your brain a chance, it may be less addled. The you would find the following less challenging

''You might then understand that investing in a company with a project calls for slightly more brain''.

You persist in giving example of pre FC disclosure for companies that are not doing so well. This justifies non pre FC disclosure as manged by Kibo. Glad to see that you support this action through the mists of Gordons with a slice of lemon.

[catchingmice] 08/10/2018 17:22

knuttieToday 14:57and considering i bought a lot under 2p thats not badAnd considering you bought millions @ 8p, 7p, 6p, 5p, 4p which gives you an average of just under 1p i bet ? ? ?

[catchingmice] 08/10/2018 17:07

Opinion:No OpinionPrice:3.225RE: JdToday 16:29Not strictly true Womble which I think you know anyway. EDL have a mining licence and are already selling coal as a side show to their own coal to power project that is allegedly in the pipleline. They already sell thousands of tonnes per month and today was a top up to that with another coal sales contract in the bag. Kibo has no mining licence and hence cannot sell coal, either to a power project or as basic coal sales. Even though I am no longer invested in EDL even I would have to admit they are further progressed than Kibo is. Sad but true.Lets stick to the facts and keep hoping for a successful tender opening in 11 days time and SML either before, at the same time or just afterwards. Any update on PPA would also be appreciated. Fingers crossed for kibo but lets not diss EDL with misleading figures and statements. Many investors on here also invested at EDL, just not me anymore.Here is a fine example of someone saying as it is." Not strictly true Womble which I think you know anyway "Now why is Womble putting a false spin on his post is it to encourage more buys in kibo and get everyone thinking it's so near ?Bigboffer spots it and puts him in his place by telling the truth.How many times have we seen this behaviour from a selected few.

[guitars4stars] 08/10/2018 16:06

Added 332179 whilst the idiots here Mice / Chimp / Lurker... to paraphrase can't see the Woods for the Threes.... l'MPMSL!#Emergency_ Call_A_Doctor!Welcome to the #Filtered_Asylum.When non holding (pay per click) Spiked Chimp writes to non holding Agenda Mouse.... who in turn writes back to non holding (pay per click) Spiked Chimp.... ....who then replies to non holding Lurker! ...Well you guessed the rest#PMSL

[catchingmice] 08/10/2018 16:02

Dave Has just bought again so i expect his average now is below 1p ? ? ?And still his opinion is a Strong BUY.

[catchingmice] 08/10/2018 15:51

she's back and she's hungryToday 15:11https://goo.gl/images/A2ydhJ - the the rise begin !!!!!Hmmmm It seems now they are involving myleene klass in their secret forum chats.However I don't expect myleene is involved for one minute but is this a decoy by any chance ?Hmmmmmm

[aimchimp] 08/10/2018 14:13

How much do you think Dave has put in to this when the rest of them were saying they were buying the idiot believe them PMSL

[catchingmice] 08/10/2018 12:13

LC Used the phrase ' When not if 'What CEO would say this ?He's been very naive & continues with his dream of building his empire without getting one project over the line and unless he controls that leg shaking then I feel he will be shaking something else out of his trouser legs.AIMVHO

[lurker5] 08/10/2018 11:58

Mike Mike - what an incredibly muddled mind your reply shows. You asked for examples of companies publishing feasibility studies. I gave you some. What on earth has the fact that you think they turned out to be duds or not, got to do with my answer to the question you asked ? Do you think AAU, SXX, KEFI, HUM, are duds ? Do you know anything at all about the stockmarket ? I suspect the reason for your silly comment is that you can't read, let alone understand, technical studies that are a little more complicated than the John and Jane books that it seems are all you can manage. Here are some other cos you can check for their feasibility studies. ARS, AFE (relevant to Haneti) BKY. I suggest you try to read one all the way through. You might then understand that investing in a company with a project calls for slightly more brain.

[aimchimp] 08/10/2018 11:42

Yes they disregarded any opinion that is not in keeping with their agenda and try to be little anyone with a view that is not in line in their own making out that people are paid to post their opinions ABOUT THOSE RAMPING AND MISLEADING now who would pay or be paid to talk about MISLEADING RAMPERS or is it just that there is freedom of speech and other people should read the TRUTH about this group of RAMPERS.

[electrick] 08/10/2018 10:53

It isn’t cheap. That’s the issue

Perhaps as it drops to the 2s there will be some trading potential

It’s is still a dog and LC is hamstrung

Shame. Good idea not a bit of execution

[guitars4stars] 08/10/2018 10:38

#Call_A_Doctor!When non holding (pay per click) Spiked Chimp writes to non holding Agenda Mouse.... who in turn writes back to non holding (pay per click) Spiked Chimp.... who.........Well you guessed the rest!#PMSL

[catchingmice] 08/10/2018 10:25

If this is Soooooooooooo cheap then you would expect them to be loading up big time and that is worrying and very strange that not one of them are buying any.Next thing we will hear is that they all have averages of 1p ?So many porkies being told about what they hold and at what price.Not a braincell between them.