Reenergy Share Discussion Threads

[krishall] 16/5/2006 19:41

asparks .... got out of CPO before the recent fall. There was an article in the Bristol local newspaper saying the council contract was going to be awarded to CPO within a few days .... but more than a month on there was no rns concerning it. So erred on the side of safety and got out at a profit.

[asparks] 16/5/2006 17:16

krishall - I've been in CPO and made quite a good profit. Looking to buy back in when time is right. They now have financing arrangement

[praipus] 16/5/2006 17:14

krishall and asparks,

thanks for your suggestions. I will track RAB and them but am unlikely to buy unless I can see a dividend stream and an share price lower than NAV.

[krishall] 16/5/2006 16:34

asparks... thanks ... will look ...
(was previously in CPO - but ditched that due to situation re Bristol Council contract - or lack of it).

[asparks] 16/5/2006 16:31

krishall - you may also want to check out Alkane (ALK) - another in this sector that is seriously undervalued, and which should return a maiden profit in 2006

[krishall] 16/5/2006 16:29

PS.... also still in TER. That's the one I like best in this 'sector' at the moment. As usual, time will tell..... !!

[krishall] 16/5/2006 16:04

Yes, I'm still in. Wasn't much point selling out after they came back from suspension. With the additional 'cash' funds they should be able to get some reasonable investments at reasonable costs if present market continues. Yes, RAB is good news. That's another reason I didn't sell out recently.

Still in ECG, IEM, and REH.
Ditched TRE, CLE, and MNE with reasonabe (but not perfect) timing recently.

[praipus] 16/5/2006 15:25

krishall,

Are you still in here? RAB holding must be good news. What is the story and potential?

[krishall] 25/4/2006 14:29

I'll probably subscribe to some depending what upon what final terms are....

[graniteboy] 25/4/2006 13:00

..........funny old game, but i am going to get a few more. I like oportunities. Anyone else buying or just me being the idiot ??

[krishall] 25/4/2006 12:33

Well looks like it's effectively option a). (see my post # 46) to keep the company going - with the 'additional investors' being some of the original investors stumping up the extra money - but at the 'bargain' price of 30p a share. However, a brief look at todays release seems to indicate that for legal reasons they've also got to offer other existing (UK based) investors a similar 'deal'.

[wh0sthedaddy] 24/4/2006 10:29

the reason we're suspended!

[asparks] 24/4/2006 10:28

what's boston?

[penguin1] 24/4/2006 10:21

Harcourt is director of both Boston and Reenergy I believe. Interesting!

[krishall] 14/4/2006 14:43

and given the fall in share price then who knows.... the present mkt cap might be less than the asset value if they haven't burnt too much of the money they actually did get at the time of placing.

[krishall] 14/4/2006 14:40

There's a lot of money chasing the Green / Renewable projects. Seems as much of it didn't go ReEnergy's way as was originally expected. So as far as I can see there might be four outcomes for RGY:
a). They do find additional investors so that the company can continue at the sort of size originally planned. (Possibly might happen)
b). They can 'look' for someone to take them over. (less likely - but who knows).
c). They can muddle thru on existing money available. (less likely).
d). They can decide to wind up the company and distribute resultant monies to shareholders. (a possibility).

Just my 2p's worth.

[graniteboy] 14/4/2006 10:51

.......thats the game though, isn't it. When will they resume trading? Any thoughts. Outside my experience a bit here. Still going to hold and add if they fall a ton. Thoughs ???

[andy] 11/4/2006 10:59

krishall,

Was that sale over NMS by any chance?

If so, it would be reported late, hence showing after suspension.


I guess I wouldn't be too pleased at subscribing to a share at 75p with a bid around 40p either!

Good luck all.

[krishall] 11/4/2006 10:31

interesting that the LSE site shows a sale of 26,666 shares timed at more than an hour after the suspnsion rns.

on a light hearted note then perhaps RGY should change the wording on their website from 'New Site Coming Very Soon' to 'New Company Going Very Cheap'

[krishall] 11/4/2006 10:08

not exactly good news.. but let's see if some good can come out of the temporary suspension in terms of financing arrangements...

[krishall] 11/4/2006 10:06

RNS Number:3435B ReEnergy Group PLC 11 April 2006

11 April 2006


ReEnergy Group plc ("ReEnergy" or the "Company")
Suspension of trading on AIM


The Company has today requested that the trading of its ordinary shares on AIM be suspended pending clarification of the Company's financial position.

The suspension follows the non-receipt of funds as a result of the failure of Boston Equities International to subscribe pursuant to its contractual commitment for #1.25 million of ordinary shares in ReEnergy at 75p each by 31 March 2006.

Shareholders will be kept informed of further developments in due course.


This information is provided by RNS
The company news service from the London Stange

[wh0sthedaddy] 11/4/2006 09:48

wtf??? RGY has been suspended?

[stegrego] 05/4/2006 21:58

All of the alt energy diversified companies i.e. Tersus, Renewable Energy Holdings, Novera, Reenergy etc are all taking a bit of a beating of late. They dont seem to be taking off and all are well down from recent highs.

Not sure why tho - other than maybe they are diversified too much?

I'm interested in investing in most of the above but until sentiment changes towards them (and i dont see why they have bad sentiment at the moment) then ill hold off buying in.

Also they trade on very sporadic volumes - some days nothing, mostly a few thousand and now and then several million.

[krishall] 24/3/2006 15:38

will wait and see what 'New Site Coming Very Soon' means on the RGY homepage