Renewable Energy Share Discussion Threads

[euclid5] 28/8/2013 11:07

Hello Thiopia,

Thanks for the info & the broker note above - do you think based on current market conditions & the BN being 3 years old now - that the sum of parts valaution can be worth: 1 the same - 2 lower (as they may require cash / placing - 3 higher ( I note your point above: the wind farms have come closer to completion. So the 110MW of farm capacity could be worth 110MW x £1.2m or over £130m+ ?

Only basing this as it's an old BN but still relevant but valuations can & do change over 3 years

Thanks

Mr E

[praipus] 28/8/2013 10:34

I was watching the offer all day and never saw it go above 1,000 shares!

[puffintickler] 28/8/2013 10:28

Suhel

Why did you buy at 8p yesterday rather than 3p the day before, did you see a tip somewhere?

[praipus] 28/8/2013 10:08

Thiopia: Interesting are you buying shares or CFD's or SB's?

[suhel3] 28/8/2013 10:04

surely I been shafted, bought 280,000 shares at 8p yesterday, sell or hold ?

[thiopia] 28/8/2013 09:59

Well a pretty large portion in REH but also got PHE, IRG, PLMO and XTR

[praipus] 28/8/2013 09:40

thiopia what have you got in your portfolio?

[supernumerary] 28/8/2013 09:14

Management expectations should be judged by their historical (in)ability to meet shareholder expectations - there is no situation so bad they haven't been able to make it worse. And as for the value of the Carnegie holding I suggest you compare the price they sold the last lot at with the price at the time on the ASX.

No harm in a small punt here, but not one to bet the farm or the pension fund on, that's for sure.

[thiopia] 28/8/2013 09:11

So far we have only just broken the long term downtrend.

50p is not out of the question so why sell when we are still below Net Asset Value ? There is hardly any 'hope' value here.

[thiopia] 28/8/2013 09:10

Sellers are giving up opportunity to potentially have a ten bagger from here IMO.

[thiopia] 28/8/2013 08:51

From Annual Accounts:

On 30 April 2012 the Group announced the orderly sale of its assets and the return of cash to shareholders. The Group is actively seeking a buyer for its Polish wind farm project and expects a sale to complete by 31(st) December 2013.

[f1araway] 28/8/2013 08:50

Gone quiet eh?
There's usually screams when falling off a cliff!

[thiopia] 28/8/2013 08:46

CWE went up again in Australia overnight. The CWE shares are worth $7.5m so they cover REH Market Cap by themselves. CWE shares still have potential to go higher.

The Polish windfarm project which has book value of £4m could be worth £6m+ on a sale.

The Welsh windfarm is the big one and it is good to hear that they can by pass local nimbys. That could be a £40m result for £5m REH so still 8 bag potential from here.

Overall I can still see 10 bag potential from here so happy to hold on.

[john of groats] 28/8/2013 01:36

MYG does not need local government planning permission; it will be reviewed by the national Planning Inspectorate and the relevant Minister. See extract below from Planning for Onshore Wind Farms.

John




Planning applications for renewable energy projects, including onshore wind, above 50 megawatts (MW) are treated as Nationally Significant Infrastructure Projects (NSIPs), under the rules provided for in the Planning Act 2008. NSIPs, rather than requiring planning permission need what is known as "development consent".

For such projects, the Planning Inspectorate (either a single inspector or a panel of 3 or more) examines the application and will make a recommendation to the relevant Government Minister (for wind in England and Wales this is the Secretary of State for Energy and Climate Change), who will make decisions in accordance with the National Policy Statements on Energy and any other matters that are relevant to the local area, including local plans. The process is timetabled to take approximately 12 months.

Before a NSIP development consent application can be submitted the developer is required to carry out extensive consultation on their proposals. This involves providing information about the proposal to various statutory and non statutory bodies and the wider community. More information about the process and who should be consulted is set out in Government guidance, Planning Act 2008 Guidance on the pre-application process, January 2013.

[casino444] 27/8/2013 23:04

CWE on the up RNS news out in australia ,much larger trading share volume, all good for REH

[thiopia] 27/8/2013 22:33

I'm sorry if i've somehow offended you but I put a lot of effort into researching this stock and sharing my research so I think I am allowed to take some credit for bringing it to other attention but I know others like tomboyb and Reks have also contributed and John O'Groats has also researched this in depth.

[thiopia] 27/8/2013 21:14

I think the MyG wind farm is going through some special planning procedure where the Government minister can push it through with less influence from local nimbys ?

Maybe JoG knows ?

[sbs] 27/8/2013 21:07

Missed today's action as I was at a funeral - great lady, always positive and willing to fight for her ideas over her long life.

On REH, planning permission in the UK is always a bit of a lottery, as the councils have a veto. It has been made harder by the political moves in the Conservative party leadership towards giving more veto powers to councils, and more generally against renewables and towards fracking. This is despite the issues discussed earlier on this board.

Maybe someone in the council is buying. Or maybe it is just animal spirits returning after a long downturn. REH look like being one of the survivors.

[thiopia] 27/8/2013 20:07

If you read the notes to the accounts (the small print no one bothers with usually) you will see they say they want to complete the sale of the Polish wind farms by end of this year.

That is only 4 months away.

If you sell a house you know it takes only a few days/weeks to agree a price but it takes months to complete and exchange contracts.

So for them to say they expect a sale by end of the year means they already pretty much have a deal in the bag.

[jojo_jo] 27/8/2013 19:07

Agreed casino444; they didn't say the usual "...know no reason...", so logic dictates that they do in fact know a reason, and have hinted at what it may be. Not sure there'll be any selling. People said the same at REM but it continued to climb for weeks until it 20xbagged! I'm not saying we'll do that well, but 20p - 25p is a distinct possibility.
Remember... CWE provides the insurance.

Happy to hold. Much more to come.

IMPO/DYOR/NAI
Jo

[little minx] 27/8/2013 18:49

Keeping an eye on this today, pump and dump I doubt, hardly any posts on this thread which is quite remarkable considering the rise. I remain on the sidelines but the RNS looks good to me

[ch4p_85] 27/8/2013 18:43

pump and dump imho. i may be wrong.

[casino444] 27/8/2013 18:24

they never said we dont know a reason for the share increase so its a green light and thats all i need to know ,may get some selling off during the next day or two due to profit taking but then onwards and upwards then again may go up 100% on wednesday you never can tell in this game ??