Renewable Energy Share Discussion Threads

[joeblogg2] 04/12/2014 14:06

Jo_jo Polish disposal must be a priority and hopefully they can get a reasonable value!!

[jojo_jo] 03/12/2014 15:32

This would really fly if the "discussions with a number of potential acquirers" of the Polish windfarm asset proves fruitful.

IMPO/DYOR/NAI
Jo

[supernumerary] 02/12/2014 22:12

jojo

Polish windfarm - they've been trying for a long time to sell this project (note that it's not yet a windfarm) and have so far failed miserably.

Sale of the CWE holding - as I understand it, they can't do this without Utilico's consent, since it's securing their loans. However much the CWE share price is increasing I'd be amazed if it's going up faster than the Utilico capital+interest bill. I suggest if you've got money at stake you should do the sums for yourself.

New 5% holder - haven't you noticed Weiss's return? Did it 'do the trick'?

Welsh windfarm - I appreciate you've driven past there a few times, so understand the situation better than the rest of us, but the statistics are not good:

--------

National planning success rates for renewables projects drop
June 2014
wind farms
Planning approval rates for onshore wind farms have collapsed in England, Wales and Northern Ireland, according to new data from RenewableUK.
The drop has been most notable in Wales, where local consenting rates slumped from 64% of applications in 2013 to 29% this year. Wales has refused three wind farms at appeal so far in 2014 in contrast to a 98% success rate last year.
[...]
--------

I've really no idea how this will turn out, but the stats surely suggest a short rather than a long?

[the stigologist] 02/12/2014 21:40

Utilico strike me as having been a force for good here.

They could take the whole company should they wish to but they must realise that the equity upside from a successful planning application will more than make up for any of their debt 'sacrifice'.

[praipus] 02/12/2014 20:54

"shackles of Utilico" ...really....Jo REH wouldn't be here at all if Utilico had called in their loans when they should/could have done!

[jojo_jo] 02/12/2014 20:45

Not for the short-termers - never has been (the time frame for this has been flagged for some time, and is well known in the industry).
The market is full of very short term gamblers. Many haven't even got a 3 day horizon!

The 'white elephant' in the room is the Polish Windfarm. I don't know why Bush is back, unless it's to oversee such a disposal. No point in adding to the wagebill while there's little else to do. The only other thing they need is an alternative cornerstone investor. Perhaps Bush's involvement at Knox could help on that score. Someone new willing to take 25% of the company at this low share price would be very positive. They need to shake off the shackles of Utilico at some point.

I reckon sale of the Polish asset + sale of the CWE holding + a 5% new equity holder would probably do the trick.

In the meantime I'm happy to hold. A continuing rise in the CWE shareprice could see our CWE holding solve the problem, almost on its own.

IMPO/DYOR/NAI
Jo

[joeblogg2] 02/12/2014 14:07

Very annoying but I hope Polish sale comes through soon at a decent price and everyone will want a slice of this!!

[21trader] 02/12/2014 08:31

7am Rns would have been better judging by the lack of any trade at all.

[joeblogg2] 02/12/2014 08:06

Little interest with the good news but I suppose people don't want to wait 6 months but good news on Poland be welcome now and must be a priority.

[joeblogg2] 02/12/2014 00:30

Good news and decent appointment!!

[21trader] 01/12/2014 19:30

Might rekindle some interest. Would have been better to issue a 7am Rns tomorrow !

[21trader] 01/12/2014 19:25

01 December 2014

1 December 2014

Renewable Energy Holdings PLC

("Renewable Energy Holdings" or the "Company")

Update of Welsh Wind Farm Project and Directorate Change

Renewable Energy Holdings plc (AIM: REH), is pleased to announce that following the Preliminary Hearing with the Planning Examiner on 20th November the Mynydd y Gwynt project now moves into the six month examination phase.

The examination stage of the process takes a maximum of six months and is followed by a decision stage during which time the examiner has three months to issue his recommendation to the Secretary of State for Energy and Climate Change. The Secretary of State has a further three months to issue a decision.

The application is for 27 wind turbines of 3-3.3MW each, giving a capacity between 81-89.1MW. For more information on the process and the latest status of the project see the Planning Inspectorate website

Further Renewable Energy Holdings is pleased to announce the appointment of Mr. Alex Bush to the board of directors of the Company as Finance Director with immediate effect.

Mr. Bush is already highly familiar with the business of the Company, having served as Financial Controller from 2008 to 2010 and subsequently as Finance Director and Company Secretary until 2013, before becoming Group Finance Director of Knox Group PLC. Mr Bush continued working for Renewable Energy Holdings on a part time basis until he rejoined the Company on 10 November 2014.

[21trader] 28/11/2014 13:08

That 230k was a buy. Now up to 1.4 mid price to buy

[21trader] 28/11/2014 07:56

Thanks supernumeray I did look at various Rns's but seemed to have missed that.

So the stake is current worth £3.3 million that's cleared that up.

[supernumerary] 28/11/2014 00:11

You're right, it could be wrong. Probably worth re-reading the last annual report: Check out the CWE share percentage and the amount owed to Utilico.

[21trader] 27/11/2014 23:27

Right...this could be wrong !

This link has CWE valued at 107 million



Or this link 114 million at 0.07 cents per share



REH hold 10% of CWE so 10.7 mil Australian Dollars

Go to a currency converter and you get £5.8 million at current price.

[21trader] 27/11/2014 15:48

Wonder how many more will sell tomorrow at 1.3p or lower if CWE rises another 5-10% tonight ?

[21trader] 27/11/2014 14:15

Had a few more just a small top up 50k at 1.379p

[pete653] 27/11/2014 13:55

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[jojo_jo] 27/11/2014 13:11

CWE up yet again today... to A$0.67. Seems unstoppable! Still not reflected here. Punters just looking for silly short term risers atm.
The market will come back down to earth soon enough.

Happy to hold... very big upward retrace due.

IMPO DYOR NAI
Jo