Renewable Energy Share Discussion Threads

[darrenward] 18/8/2014 08:36

What's leaked? Some interest this morning but I haven't seen any news.

[the stigologist] 04/8/2014 16:10

some mugs getting toasted on their t trades

[barnetpeter] 01/8/2014 13:10

The debt situation is not so bad. They have til July next year and an extension is certain. But if this application does fail then it is clearly game over. The debt could be waived for equity I suppose....

[21trader] 01/8/2014 12:59

I wonder what is the collective amount of money lost each year to people following the pump and dumpers from Topinfo thread.

Many millions is my guess.

Reks could not back a winner in a one horse race !

[captain hindsight] 01/8/2014 12:58

indeed, darkening clouds over this one.

[barnetpeter] 01/8/2014 12:53

I guess a lot of those who bought in on the last spike dumped today. Priced to go bust and a serious overhang it seems.

[visionon] 01/8/2014 12:33

Indeed, utter nonsense. All that has happened is that REH have re-submitted what they had to withdraw a couple of months back. The Inspectorate has 28 days to decide whether the application is validly submitted. The approval/refusal process then takes typically 12-15mths. So don't expect anything until this time next year...

And before getting excited about tiny mcap I recommend proper reading of the online accounts from front to back. The company is 'priced as a shell' for logical reasons. But I guess such things don't interest some on here...

[the stigologist] 01/8/2014 12:29

what part of this did the spike buying mugs find hard to understand ?

"The Inspectorate has up to 28 days to decide if the application meets the standards required to be formally accepted for examination."

[captain hindsight] 01/8/2014 12:27

woahahahaha

[the stigologist] 01/8/2014 12:19

you need to be able to read English and also have a brain to interpret data and information

" Given the likely timescale of the Welsh wind farm planning process (possibly 15 months from acceptance of the application) a further extension will be requested at the appropriate time."

'from ACCEPTANCE OF THE APPLICATION'

Accepting the Application is just the start of the Planning process. It doesn't mean Planning Permission is granted

[joeblogg2] 01/8/2014 12:00

If they get approval then game on so may find out in next month or so?

[the stigologist] 01/8/2014 11:41

look at those pathetic buys at 11.19 and 11.20

then hindsightpeter turns up ramping at 11.21

pmsl

[the stigologist] 01/8/2014 11:39

watch out for b.s. merchants like barnetpeter the 'binary option' guru

pmsl

[captain hindsight] 01/8/2014 11:37

lol lol lol

[tez123] 01/8/2014 11:34

Look at the mkt cap! This could rocket big time.

[barnetpeter] 01/8/2014 11:21

A great punt after the rns..tiny mkt cap. Went to 8p on spike.

[jojo_jo] 21/7/2014 13:15

Like I said... only upside potential from here as we're already priced as a 'shell'.

A good bet for those who play such things!

IMPO/DYOR/NAI
Jo

[praipus] 18/7/2014 22:01

hmmm anything could happen and this wont help

[jojo_jo] 18/7/2014 21:14

A quarter off a very big number... which still leaves a big number, relative to current m/cap.

Happy to hold.

[hedgehog 100] 18/7/2014 15:37

JoJo_Jo 18 Jul'14 - 11:09 - 1901 of 1901 0 0
" ... You are excessively negative, and I don't know why. REH is currently priced like a shell, so there can only really be upside. ... "


JoJo_Jo,

I've really been giving a view on the chances of vast upside on the basis of REH's existing business, rather than talking about downside.

You could though of course potentially be right - I might be being too pessimistic.
I'm just giving an opinion, and could be wrong.

REH has been 'written off' before, and has rebounded.

And I'm not entirely dismissive of REH getting something substantive from the company's assets.

In my post 1897 above, I said:
"REH shareholders will be fortunate if they are left with any share at all."

I.e. I'm not writing off the chances entirely.

IF everything goes swimmingly well, e.g. Carnegie Wave Energy shares go into orbit, REH keeps its costs well under control, and the Welsh windfarm project goes well and gets a good price, then the proceeds going to REH, even after paying all debt, could potentially be millions of pounds - potentially even many millions of pounds.

But things rarely do go perfectly in business, and this company doesn't have a great record.

For the record, I think that CWE is an excellent long-term investment (there is a link to my CWE thread in the header of this one).
But if someone is bullish on CWE, I think that the best way to play it is to buy CWE shares directly.


Regarding REH's share of the Welsh windfarm project (Sweetlamb), posts 1401 and 1402 above are useful:
John of Groats 22 Aug'12 - 14:03 - 1401 of 1901 1 0
John of Groats 22 Aug'12 - 15:59 - 1402 of 1901 1 0

John of Groats calculations showed Sweetlamb as potentially contributing about 33p/share to REH's potential NAV.

However, the loan agreement announced in February 2013 knocked about a quarter off that:

06/02/2013 11:58 UKREG Renewable Energy Holdings plc Loan Agreement and Intention to De-List
" ...Under the terms of the Loan, the Company will pay a GBP50,000 arrangement fee and 10% interest per annum on the outstanding balance, such interest to be capitalised and paid on repayment of the Loan. In addition a success fee will be payable to Utilico as follows:
1. GBP4.75 million if REH receives final planning permission to develop MyG and ... "

[jojo_jo] 18/7/2014 11:09

As I said, the value of Poland is pretty irrelevant as it's allocated to Utilico.

Utilico have around 28% of REH, who don't have to give them anything else while they have enough money to complete the Welsh PP application. It looks like it will be just minimal office/admin costs hereon. They could pay any interest due on the loan from the loan, ponzi-style.

You imply Utilico have a 25% interest in REH's share of the Windfarm project. Where did you get that from? As I understand it REH only have a binding PSA, no 'share' as such, yet, in the Welsh Windfarm.

They (Utilico) can only 'take' as much value as REH will give them, and as it stands REH don't have to give them anything. They may try to get more, but can't hold above 30% without triggering a bid. Perhaps that is what will happen should the Windfarm application look like being successful. However if it is successful REH immediately becomes a much more valuable business requiring a much higher bid.
Whilst Utilico have a 'blocking' stake (28%), it does not stop a rival potential 'white knight' taking a similar stake somewhere down the line - especially if they are invited to by the REH BOD.
Anywhere all hypothetical and some way in the future.

You are excessively negative, and I don't know why. REH is currently priced like a shell, so there can only really be upside.

IMPO/DYOR/NAI
Jo

[the stigologist] 17/7/2014 20:24

LOL listen to the SHFT and TGL expert

pmsl