Ncondezi Energy Share Discussion Threads

[investment dave] 11/1/2016 16:13

More like 70p

[cammy3] 11/1/2016 16:12

TRY 30P

$25M INVESTMENT WOW

[simon_64] 11/1/2016 16:10

Should see double figures here over the next couple of sessions.

[mad foetus] 11/1/2016 16:09

No reason why this won't near enough double from here

[tomboyb] 11/1/2016 16:09

excellent RNS

[cammy3] 11/1/2016 16:06

BOOOOOOOOOOOOOOOOOMMMMMMMMMMMMMM

[412069] 11/1/2016 13:37

I think we could see another jump up here later on today, once over that magic 4p mark theres nothing much to stop this flying.

[nav_mike] 11/1/2016 12:47

One would imagine AFC would support NCCL if funds are tight but a deal is imminent....hopefully not on terms that shaft us.

[simon_64] 11/1/2016 12:36

Looks like a roll over as both trades were within 3 minutes of each other the requirement for a roll over.

[412069] 11/1/2016 12:04

Hard to tell really, but if they were sells the share price would of dipped IMHO.

[cammy3] 11/1/2016 11:54

Looks like a matched bargain. Both at same price

[412069] 11/1/2016 11:43

SEP have the cash ready lads...


National Power Investment Website: Shanghai Electric Power successfully issued $ 500 million upfront overseas bond
　　
August 3, Shanghai Electric Power Co. $ 500 million the total amount of highly rated the success of unsecured bonds in the international capital markets bookkeeping issue. Sum bonds were Baa2 (Moody's) / BBB (S & P) / BBB + (Fitch) international rating, coupon rate of 3.625%, term 5 years, made a total subscription amount worldwide from 193 accounts of nearly $ 2.64 billion, the subscription ratio 5.28 times. From the project was officially launched, to complete the international rating, overseas roadshows official dollar debt issuance, intense, race against time, took only two months.

　　Actively develop the overseas market, the success achieved BBB + level and other main international rating

　　In recent years, Shanghai Electric Power positive response to the state "along the way" strategy, pay close attention to foreign energy resources, power plants and power plant services market investment opportunities, and actively developing overseas markets, overseas investment and financing platform to build. It has been involved in East Africa, Central Asia, Southeast Asia, Europe and other countries, power plant investment, construction, operation, management and maintenance. Because of its overseas projects in the construction phase, we need financial support, Shanghai Electric Power actively respond boldly explore the international capital market channels to provide funding for overseas projects.

　　In the international capital market "test the water", which requires strong "body", but also need keen insight and long-term accumulation. Shanghai Electric Power past two years to maintain stable growth in the asset size of around 20%, from 31.567 billion yuan in 2012 increased to 47.344 billion yuan, the domestic issuer credit rating maintained at AAA, asset-liability ratio is always below 70%.

　　The main international credit rating higher is to build pluralistic offshore financing structure, a necessary condition for sustained large-scale introduction of foreign low-cost funds. In June 2015, the three major international rating agencies Fitch, Standard & Poor's, Moody's, were given Shanghai Electric Power BBB +, BBB and Baa2 subject of international credit rating. This reflects the highly recognized international rating agencies on the company's solvency and credit levels.

　　Seize the release window, and efficient completion of the first phase of offshore bonds

　　Combined with the main international credit ratings, Shanghai Electric Power issuance program of in-depth study, the strength of silver ratio selected, HSBC, Deutsche Bank, JP Morgan and other international debt capital markets underwriting syndicate formation. To ensure optimal distribution, Shanghai Electric Power, chairman and general manager DEVELOPMENTS 王运025; personally led overseas roadshow team, respectively, to Hong Kong, Singapore and London nearly more than 100 international investors "face to face" Roadshow. Foreign investors showed strong interest in the company, has laid a solid foundation for the company's bookkeeping choose opportune time.

　　Faced with the recent volatility in the domestic capital market complex environment, a careful analysis of the pricing strategies of Shanghai Power, to seize the opportunity the delicate issue of the window, in the Aug. 3 issue of the company for the first time successfully bookkeeping $ 500 million of highly rated unsecured bonds. Bonds on Aug. 11 for delivery, and interest is paid every six months, after the Hong Kong Stock Exchange may be publicly traded in the secondary market.

　　The Shanghai Electric Power successfully issued $ 500 million upfront offshore bonds is playing a beautiful "battle", opened overseas financing channels, and establish a favorable investment image of Shanghai Electric Power in the global capital markets, marking the Shanghai Electric Power to international capital the market has taken a solid step forward.

[sigora] 11/1/2016 11:40

i assume them 2 trades were rollovers ?

[412069] 11/1/2016 10:19

SEP
I think will take a stake in NCCL.
We'll find out soon enough.

[lady_g] 11/1/2016 10:03

Cammy3, it is now 11 days past the 31st December deadline so are we just waiting on another extension? Sounds more probable to me than a sudden announcement of a deal that is good for all (including all us PI's). NEL are running out of cash at a rate of knots. That is a fact, so any deal, if at all, will need to include a sizeable cash element - somehow I think this BOD have their (and therefore our) backs to the wall. And before you ask, yes, I do hold a large amount of stock here - I am just a realist. GLA

[paul the octopus] 11/1/2016 09:25

Cammy, every week is next week, so no point of repeating yourself. they should have agreed a placing to raise some funds before leaving too late now, otherwise they won't be in a strong position negotiating JV if any agreed at all by end of month.Trouble is the worst can still happen by end of month, u just need to think about it and plan not simply ignore and keep saying JV next week everyday.

[cammy3] 09/1/2016 17:04

Well is next week going to be the big JDA news. Fingers crossed not long now

[dorset64] 08/1/2016 13:16

Cheers bud

[412069] 08/1/2016 13:02

I'll let you know if L2 changes.

[412069] 08/1/2016 13:01

Dorset

It's 2 v 2
30k v 30k
MM's seam happy to leave it here for now IMHO.
Bad news (which is not on the cards hopefully) we test 2/3p again, there just waiting like the rest of us for the details... Good news and they'll have to let it go.

[dorset64] 08/1/2016 12:42

Anything much happening on L2 412069?

[412069] 08/1/2016 10:33

Well the last rns came on a Friday afternoon exactly a month ago now could we have another today, hope so.

[412069] 08/1/2016 09:09

SEP below, worth a few quid arnt they...

Reporting Period: 2015-06-31
Time to market: 2003-10-14
Location: Shanghai
The total share capital (Billions): 21.40
Tradable A shares (Billions): 21.40
Earnings per share (RMB): 0.33
Net assets per share (RMB): 4.56
Operating cash flow per share (RMB): 1.46
ROE (%): 7.33
Net profit growth (%): 36.41