Mytrah Energy Share Discussion Threads

[ftseproactive] 14/8/2015 14:00

Mytrah EVP Bob Smith speaks to Proactive ....

[hutch_pod] 06/8/2015 08:44

Promising news on solar entry in the AGM update.

Also:



"Global competition is keeping us on our toes for profitability," he said.

Wind energy company Mytrah sealed a deal for 327 megawatts at a tariff of 5.75 rupees, of which 150 megawatts is under the utility-scale category, said Vikram Kailas, the company's managing director.

"This win is line with our strategy of diversifying into solar and is a huge responsibility," he said.

[knackers] 21/4/2015 18:09

No longer a minnow, MYT is now a serious player in the renewables sector and a solid platform now established for sustainable growth. MYT have been quietly getting on with it - led by a highly credible Exec/senior management team.

[hashertu] 21/4/2015 11:37

Does anyone know if the finance costs given in the results includes an element of capital repayment?

[knackers] 21/11/2014 17:07

Should dispel any lingering concerns. 1,000MW in sight and all eyes on India. If PM Modi can continue the momentum of reforms and market restructuring the potential for significant economic growth returning to India over the next 3-5 years is real.

[knackers] 16/10/2014 17:12

India - the growth story of the century? hxxp://www.wealthx.com/articles/minisite-post/india-the-growth-story-of-the-century/

[m.t.glass] 31/7/2014 13:49

I've included MYT on a thread showing a dozen UK-listed stocks with exposure to India.

[knackers] 25/7/2014 11:21

Ravi Kailas, Chairman and CEO said:

"To have increased our portfolio by 15% since March 2014 and by 70% since 31 December 2013 is a very positive achievement and we are pleased to report that our entire asset base is performing well at the start of the 2014 wind season. We anticipate 22 MW of assets becoming operational in the near term, and in Q3 2013 having signed an order with Suzlon for 227 MW, we have a solid development pipeline for the future."

[knackers] 10/6/2014 11:10

Significant for MYTRAH.

A 'saffron revolution' - Focus falling on renewables to help address India's power deficit, whilst reducing emissions.

Despite heavy support in the election campaign from oil and gas companies, Modi seems keen to stress his desire to boost the country's renewable energy capacity.

As chief minister of Gujarat between 2001-2014 he pioneered the first incentives for large scale solar power, opening a 600MW solar park and leaving the state with a renewables share of 17%.

"We need a saffron revolution that focuses on renewable energy sources such as solar energy, to meet India's growing energy demand."

"We have a lot of potential for solar and wind, particularly in parts of Rajasthan, Gujarat and Karnataka."

[knackers] 09/6/2014 15:05

A significant boost for renewables/clean energy. Modi Govt to focus on a new energy policy for India:

[knackers] 30/5/2014 10:40

It looks good, mangal. That said I tend to reference TA rather than be driven by it. For sure, yesterday's volume spike and today's action suggest momentum will return to the upward trend channel and when this stock moves, it moves.

L2 has been strong for the past week or two. Can't think why...

[mangal] 30/5/2014 10:12

Not a TA expert but the graph looks good

[knackers] 30/5/2014 09:56

Pre-Singapore...? Very much looks as though long positions are being taken ahead of that newsflow. Funds from this highly significant financing round will not only de-risk the investment but more importantly 'propel' MYT towards 800MW by end 2015. Valuation comparison vs GKO indicates 30% upside at a minimum.

[knackers] 08/5/2014 13:18

Hot on the heals of GKO...



500MW threshold about to be crossed by the looks.

[knackers] 22/4/2014 11:47

I'm anticipating an RNS to confirm MYT are at ~500MW going into the windy season (typically May start). Way, way off peer valuation now...

Near term target £1.25p

[salpara111] 17/3/2014 20:25

The results do look pretty decent and even though I don't hold for reasons previously explained I am surprised by the market reaction.

[freda] 17/3/2014 16:40

Looks good to me, although I have a feeleing that some of the new installations should have been completed by now.

Perhaps a case of 'buy on the rumour, sell on the news'

[cheeseandbiscuits] 17/3/2014 10:07

Am I missing something? The rns is great isn't it??

[knackers] 27/2/2014 15:29

Not that you've ever been a fan, Sal...

[salpara111] 26/2/2014 20:06

After the Essar debacle I have decided to take MYT off my watch list and now Indian companies join Chinese companies in the category of "things I wouldn't touch with yours" that may be unfair to individual companies but I can't take the risk that comes with investing in India any more. Cairn is just the latest UK company to get screwed and I am sure that while they would rather screw foreign companies....eg Vodafone, Cairn et al they are not above doing the same to their own businesses.

[knackers] 24/2/2014 18:09

If GKO is any benchmark these are primed to re-rate towards £1.40, absolute minimum. Given that MYT has captured a large chunk of the windy season in H2 I don't expect FY results to disappoint.

[banking1] 20/2/2014 13:15

lets hope we get a flurry of good news

[knackers] 20/2/2014 10:40

Patience about to be rewarded? Certainly a compelling portfolio of commissioned assets under their belts now.

[knackers] 23/1/2014 13:33

Almost a carbon copy of the t/o in stock this time last year. Onwards and upwards*. Looking forward to the operations update and FY results.

*Should see a further surge tomorrow engulfing resistance at 85p - given today's turnover and the lack of resistance looking north - highly likely I think. So, ground to be made up - conservatively another 40-50% possible between now and QTR1 close (nb still way, way short of GKO's valuation!)

[par555] 23/1/2014 12:14

Like many of us someone's patience is exhausted !