Kibo Energy Share Discussion Threads

[sirianbotham] 10/2/2021 14:34

FCA approval in feb ..., golive early march

[sirianbotham] 10/2/2021 14:34

Two dates ... FCA approval and then listing live

[cj41] 10/2/2021 14:34

Nope. I am just more honest rather than hopeful compared to others. Let's see who is right. Hopefully you but probably me.

[guitars4stars] 10/2/2021 14:27

You appear to have a different understanding to holders... is it that March works better for cj41?:)

[cj41] 10/2/2021 14:10

No chance. He just said another couple of weeks plus... so early March at best.

[yaki] 10/2/2021 13:24

PennStreet,

LC said mid Feb, only 2 weeks ago, rns on 25 Jan. Anyone thinks he will hit a deadline for a change?!?

I personally would love if is the case, but very much doubt it!

PennStreet 10 Feb '21 - 12:29 - 5253 of 5254

Is there an actual date for the ipo?

[guitars4stars] 10/2/2021 13:13

When approved. Hopefully this or next week.

[pennstreet] 10/2/2021 12:29

Is there an actual date for the ipo?

[slong] 10/2/2021 11:01

It will be interesting to see the market reaction on the day of listing, the IPO is already subscribed so any interested investors would create the demand day for a decent run up, and with a large chunk of shares in sticky hands the liquidity will be very low.

[cj41] 10/2/2021 10:33

I think a better question would have been 'have you ever been CEO of any company which has had any actual revenue?'

[georgeo1] 10/2/2021 10:08

Wakeup call.

[1bluehorseshoe] 10/2/2021 10:03

If the ipo is only being announced at short notice timing is inevitably going to be vague. Peeps will be surprised

[cj41] 10/2/2021 09:52

Awful interview but unfortunately par for the course with KIBO. Looks like listing won't complete until at least early March. That would still be an achievement as the Bordesley site was meant to be up and running in Q4/19, Q1/20 and then nothing. I still get the strong impression that LC gets a kick out of just doing corporate 'stuff' rather than actually achieving anything. Caveat emptor remains the overwhelming advice here.

[1bluehorseshoe] 10/2/2021 09:25

Yes George posted it earlier when you were sleeping

[yaki] 10/2/2021 09:24

Pretty shoddy interviewer and write up

Eg
"...With power plants in Mozambique, Tanzania and Botswana"

[georgeo1] 10/2/2021 09:23

DATE10.02.21A New Era of Energy Generation for Mast Energy Developments "...Raise the flag for Mast Energy Developments, an investment opportunity protecting the UK's energy security..."  The Beast from the East version two brought sub zero temperatures to the UK in February and the inconvenience of power outages typically considered a third world, not a first world problem.The reality is a shortage in the UK's gas supply and unreliability of renewables will affect electricity generation, leading to shortages and an increase in prices.The solution lies in the providers of reserve power.Enter Kibo Energy which has demonstrated proof of concept in the provision of energy in Sub- Saharan Africa.  With power plants in Mozambique, Tanzania and Botswana, Kibo is now the main shareholder in the UK's Mast Energy Developments a vehicle for flexible energy generation projects in increasingly energy-deficient Blighty.With off takes agreed and a capital raise accomplished for a standard listing, Mast Energy is being lined up for an imminent IPO, but retail investors need to quick with only 25% of the shares being offered to the investing public.Kibo's Non executive Chairman, Louis Coetzee says critical to the success of the company's portfolio is the right team, the right off takers, reliable EPC (engineering, procurement and construction) contractors, the right advisors and carefully selected shovel ready sites – all of which Kibo has.Louis tells Sarah Lowther why he's confident that Mast Energy Developments will be both a power and cash generator. And while he has listed seven companies, he tells her it's start-ups that he's addicted to not the IPO process.

[georgeo1] 10/2/2021 09:18

Yes not too long to wait few more days or a few weeks is worth the wait for the listing of MED. Projects look promising in tweets and this latest online.

[edgein] 10/2/2021 09:06

Guys, yes that a small free float going to be available to the public on listing meaning they will be a fast mover as the company moves to significant revenue generation and associated profitability as LC suggests. Good times ahead as the re-rate continues.

Also new folks remember to contact your nominee brokers to vote in favour of the move to the new electronic trading system (EGM 22nd of this month), best to get that sorted out soon chaps.

Regards,
Ed.

[yaki] 10/2/2021 08:59

From 25 Jan rns -

Acquisition will deliver a production ready site, which based on current projections, will coincide with the completion date of the successful listing of MED.

So Listing of MED should be in the next few days!

"...Louis Coetzee, CEO of Kibo, said: "Completion of the onsite engineers' checklists and reports to sign -off to commence electricity generation in February 2021 is a significant platform for Sloane to operate from as a first step towards a position of significantly stronger potential revenue generation and associated profitability . This is particularly significant since the Acquisition will deliver a production ready site, which based on current projections, will coincide with the completion date of the successful listing of MED.

[uknighted] 10/2/2021 08:50

1blue 55% retained by kibo, 25% public.

[1bluehorseshoe] 10/2/2021 08:47

Fair enough. Imminent

[yaki] 10/2/2021 08:37

1bluehorseshoe
True but not all the 75% go to KIBO St Ant get just under 20% and I suspect a few mln shares will go to likes of River Group, ie KIBO CFO and rest of the gang

So KIBO will get 56% based on my calcs which is quite healthy 13m!

1bluehorseshoe 10 Feb '21 - 08:31 - 5238 of 5238

With off takes agreed and a capital raise accomplished for a standard listing, Mast Energy is being lined up for an imminent IPO, but retail investors need to quick with only 25% of the shares being offered to the investing public.

[1bluehorseshoe] 10/2/2021 08:31

With off takes agreed and a capital raise accomplished for a standard listing, Mast Energy is being lined up for an imminent IPO, but retail investors need to quick with only 25% of the shares being offered to the investing public.

[1bluehorseshoe] 10/2/2021 08:29

No Yaki interview states only 25% of MAST being offered in ipo

[yaki] 10/2/2021 08:26

1bluehorseshoe
You mean 55%?
With KAT and MED stakes - KIBO should be 0.7p

Probably the market waits for the IPO before re rating. At least that's the fancy way of saying it.

The truth is that we still have sellers at 0.33p, mad! And not enough buyers to flush the sellers out

1bluehorseshoe 10 Feb '21 - 08:21 - 5235 of 5235

75% of £23m just on MAST. What’s kibo Mcap?