Maple Energy Share Discussion Threads

[jack1236] 17/10/2014 19:00

His logic is that he's entertained too many sheep and he's down to the last few, nothing better to do but post on this thread.

[hassani2] 17/10/2014 18:45

His logic is to get his front teeth knock out

[mcyi9gl2] 17/10/2014 18:37

Bit harsh NZ. What's your logic?

[newzealander34] 17/10/2014 18:00

Only mug punters holding this baby now idiots

[newzealander34] 17/10/2014 17:01

The feline started and will now continue into moday

[vauch] 17/10/2014 16:53

Been out all day working on a new product so missed the fun today

[doji star] 17/10/2014 15:59

There still that put option with AC Capitales.

Maybe well renegotiate it as part of the deal, but there was no info about it in the update.

They owe them a lot if they elected to exercise that put option.


good trade today anyway

[mally6] 17/10/2014 15:38

Makday is eating his foot today

[sparty1] 17/10/2014 15:36

ticked up again...total rollercoaster..here

[sparty1] 17/10/2014 15:30

so...under £5mill mkt cap but.......
"
(i) US$ 4 million for the acquisition of 40.0% of shares of The Maple Companies Limited and,

(ii) a commitment for an increase of capital in The Maple Companies Limited of US$ 13 million.

This operation has been approved by Maple Energy PLC Board of Directors, and will be elevated to its Shareholders' meeting."

seems like a deal to me...GL!

[h2owater] 17/10/2014 13:01

GRAÑA Y MONTERO TO PURCHASE STAKE IN THE MAPLE COMPANIES LIMITED
Tickers: GRAM


LIMA, Peru--(BUSINESS WIRE)--Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) ("the Company" or "Graña y Montero"), a leading Engineering and Construction company, announced that Graña y Montero S.A.A. and Alcogroup S.A. from Belgium, sent a binding offer for the share purchase of The Maple Companies Limited consisting on:

(i) US$ 4 million for the acquisition of 40.0% of shares of The Maple Companies Limited and,

(ii) a commitment for an increase of capital in The Maple Companies Limited of US$ 13 million.

This operation has been approved by Maple Energy PLC Board of Directors, and will be elevated to its Shareholders' meeting.


As a result of this offer, the stakes hold by Graña y Montero S.A.A. and Alcogroup S.A. in The Maple Companies Limited will be of 30.43% and 43.48% respectively.

Certain purchase conditions include the sale of 100% of shares of The Maple Gas Corporation del Perú SRL in favor of Graña y Montero Petrolera S.A. (GMP) within a period of thirty days, for US$ 31 million; as well as to assign the funds from the capital increase, and from the share sale of The Maple Gas Corporation del Perú SRL, to Maple Etanol SRL and Maple Biocombustibles SRL.

Once the sale is concluded, GMP will own 100% of The Maple Gas Corporation del Perú and Graña y Montero S.A.A. will be a minority shareholder (30.43%) of The Maple Companies Limited.

About Graña y Montero S.A.A.

Founded in 1933, Graña y Montero is the only Peruvian engineering and construction company listed on the Lima Stock Exchange since 1997 and now also the NYSE. The Company has participated in the development of major engineering and construction projects in Peru, including large-scale, complex projects in the energy, mining, construction and real estate sectors.

With 80 years of operations, the Company has leveraged its engineering and construction expertise into complementary lines of business, such as the development, ownership, operation and maintenance of infrastructure assets, real estate developments, and the provision of technical services. The Company has significant investments in infrastructure concessions, such as three toll roads and Line 1 of the Lima Metro.

The Company has also executed several projects outside Perú, and has acquired three companies in Chile: DSD Construcciones y Montajes, an engineering and construction company specialized in providing services to the energy, oil and gas, cellulose and mining sector in Chile and Latin America; Vial y Vives, a construction company specialized in the mining sector, and CAM, which is specialized in electric services, with operations in Chile, Peru and Colombia.

[sparty1] 17/10/2014 12:15

letmepass..ticked up again 9.44 ..it`s so flocking frustrating..could have doubled up ...couldent buy either.. must sack my broker platform..

[sparty1] 17/10/2014 12:10

ticked over to 9.25 ...grrrr.

[letmepass] 17/10/2014 12:07

Cannot buy but can sell. Days everything

[sparty1] 17/10/2014 12:06

back to 9p again ...once again I cant brudy buy.. I`m getting increasingly frustrated with barx..

[sparty1] 17/10/2014 11:58

8.25 being paid again...looks like another high volume session this afternoon..

[sparty1] 17/10/2014 11:52

he we go again folks..! buyers are back ..

[letmepass] 17/10/2014 10:54

Nice slow build up before. Big rise in the afternoon

[letmepass] 17/10/2014 10:35

On the move again. Should hit 15p today

[vauch] 17/10/2014 10:17

so we could have a cracking recovery play on our hands, see how next week pans out

[bsg] 17/10/2014 10:13

I may have called the day's top @ 11.75-12p but didn't sell !!

[bsg] 17/10/2014 10:12

No I hold, I'm just 'glass half empty' person, think the worst and get surprised when it doesn't happen.