Low Carbon Acc. Share Discussion Threads

[praipus] 07/2/2013 11:09

Paribas Arbitrage disclosing 5% LCA holding


Tracking the rest of Paribas Arbitrage holdings in post 6 on the WAM thread


Anyone care to guess the NAV now?

[swiss paul] 11/12/2012 19:00

hmm some buying today - is this getting a bit smelly ?

[swiss paul] 05/12/2012 19:28

hmm some buying today - is this getting a bit smelly ?

[bam bam rubble] 29/10/2012 15:56

The disposal now looks unlikely imho, or will be for less than the current market cap

[swiss paul] 05/9/2012 20:05

Minky - you are right, but suppose we are just members of teh 90% club. I bought back in on the premise that the fund was being wound down and so we would receive some decent money - seems not - well kif the latest sale is anything to go by. Alos noted over the last day or 2 some trading - on the sell side.
IOTS - DYOR

[minky] 02/9/2012 08:23

Considering the people and advisors running LCA have so much experience why has the share price lost so much money for it's investors?

[swiss paul] 17/7/2012 18:32

update as of today:
Interim Report and Unaudited Financial Statements May 2012

Low Carbon Accelerator Limited ("LCA" or "the Company"), the AIM listed specialist low carbon investment company, announces its interim results for the six months ended 31st May 2012.

The Adjusted NAV as at 31 May 2012 is £19.704 million or 22.9 pence per Ordinary share. This compares to the NAV as at 30 November 2011 of £24.269 million or 28.2 pence per Ordinary share.

Update of asset realisation

The Company announced on 27 April 2012 that it had appointed Cogent Partners as its advisor to assist with the marketing and sale of the LCA portfolio. The Company, with the support of Cogent Partners, has approached a targeted short-list of potential buyers and expects indicative offers to be received by the end of July 2012. A shortlist of buyers will then be given a period for further due diligence before being required to make binding offers. Our target is to conclude the sale of LCA's assets in this financial year, ending 30 November 2012. Consistent with previous announcements, the Company intends to disburse cash proceeds realised from any sale to investors.

Hmmm not the best time to be selling methinks

[swiss paul] 13/6/2012 17:52

movement 2 days running _ this paint drying lark is good

[swiss paul] 11/6/2012 20:08

how long is this bloody review taking?

[qvg] 12/4/2012 20:02

distressed sale, don't expect much for the portfolio

[swiss paul] 12/4/2012 19:31

so no thoughts on the RNS issued today?

[beta_adjusted] 09/3/2012 13:43

TRE depends very much on carbon price? Carbon price depends very much on what happens in EU regime. Beyond that cannot say as I don't have an understanding of carbon credits (but does anybody really know what will happen next?). So discount could evaporate if carbon regime fails? (equivalent to carbon price going to zero).

To what extent are LCA subject to carbon prices? if only I could find accounts of the individual investments ...

[praipus] 09/3/2012 09:13

TEG potentially in play and TRE on big discount? Crude and Carbon rising?

[beta_adjusted] 09/3/2012 00:55

any thoughts on this now? bb gone dead ...

[swiss paul] 19/9/2011 10:25

The Company announced on 13th September that it anticipated having to make a substantial or total write-down of its investment in Proven. Proven was subsequently placed in receivership on the 16th September. Although a number of parties have expressed interest in the Proven business, LCA still expects to make a substantial or total write down of its investment, leaving the Company's adjusted NAV per share in the range of 30.5p to 31.5p as previously indicated

OUCH

[falia] 14/9/2011 12:03

BOUGHT A FEW THIS MORNING

[topnotch] 14/9/2011 12:00

falia >> you in this one as well?

[falia] 14/9/2011 11:57

STARTING TO GO BACK UP, MMS WELL OVER DONE WITH SP

[qvg] 14/9/2011 09:16

not good! Proven was their great hope, seems it was not proven enough. it needs more cash, and if I remember correctly LCA have not got much cash left to invest. fund raising at 7p?

[hectorp] 14/9/2011 08:31

Oh dear! Low Carbon nonsense. A gimmick.

[andrbea] 07/7/2011 06:22

lca (currently 30.5p mid)

some upside then:

Investment Update: Quantasol Limited

LCA has continued to execute its strategy to support its growth companies and to drive value realisations across its broader portfolio. To that end, LCA is pleased to announce that Quantasol Limited has completed an agreement to sell its core assets, including intellectual property rights, to JDS Uniphase (JDSU) in a cash transaction. JDSU are a Nasdaq-listed world-leading supplier of optical, communication and Concentrating PV (CPV) components. LCA will receive an initial payment of £400,000 from the proceeds of this asset sale, with further balancing payments in due course. The interim report and unaudited financial statements for the six months ending 31st May 2011 is expected to be published towards the end of July. The investment Manager currently expects that the next published Adjusted NAV of LCA will be in the range of 54p to 57p per share. The current Adjusted NAV is 59.1p per share.

[andrbea] 06/6/2011 07:28

good rns

but no movement (wake up MMs, small the coffee..))


LCA has moved into a phase of harvesting value in its portfolio and this transaction marks the first material cash realisation for the fund. As further realisations crystallise the fund will seek opportunities to return value to shareholder.

(Low Carbon Accelerator Limited (AIM: LCA) today announces that it has sold 175,747 Preference B shares in ResponsiveLoad Ltd (trading as 'RLtec') to Ombu Limited ("Ombu") for a cash consideration of £1.23 million.



This transaction represents a 23% uplift in the current carrying value of RLtec as set out in LCA's latest annual report and a 70% increase in value by reference to LCA's adjusted book cost of investment in RLtec.)

[qvg] 19/3/2011 08:32

PhotoDave
thanks for that. It reinforces my view that Proven is their biggest star. just a matter of when they exit and and what price ...

[photodave] 18/3/2011 20:17

An interview with our CIA Dr Steven Mahon on Stockopedia, interesting viewing.