Romag Holdings Share Discussion Threads

[cyberbub] 30/8/2007 17:03

The RNS of 17/07/07 didn't specify the date at which the new placing would become active, does anyone know? If in the future, is it likely that the share price might gently decline towards that figure?

[cbgb] 28/8/2007 12:29

What's the betting the next generation of products alluded to in the FT 'Touch of Glass' article will involve the thin film CIGS PVs on plastic substrates developed by Ascent Solar? They are anticipating starting production early '08 using General vacuum web coating equipment manufactured near Manchester, developed incidentally partly through a 'One North East' initiative in Teeside.





I guess the impending retirement of our chairman John Kennair and the uncertainties of not having a replacement sorted yet may hold us back (Lyn Miles?), the long term is looking great. Can't see the price going significantly lower from here out after the director dealings at 193p and the fund raising at 170 odd. Definitely one to tuck away for the long term still. All IMHO!

[mpilot] 27/8/2007 11:19

Shares changing hands between Directors I see.

[asparks] 24/8/2007 08:47

Solar Integrated Technologies (SIT) advances amid rumours that a construction company is looking to buy a 29% stake

source: FT via citywire

[asparks] 23/8/2007 09:44

holding up well in current turbulent market

solar integrated tech (sit) up 12% today. Due a major recovery me thinks.

[asparks] 18/8/2007 09:29

5-day chart showing bid/offer spread shaded - - - - - - - - - - - - - - - and intraday chart



+ 3 month charts -----------------------------------------------------------and 2 year charts

[battlebus] 15/8/2007 17:51

With market turmoil i would not make any fresh investments into shares for a while,unless like me your into Romag for the long term!

[cyberbub] 15/8/2007 11:44

I am not a deramper and am genuinely looking at when will be the best point to get into ROM. However when the historic PE ratio is about 60 and the half-year results from May show that they may make less money than last year, is the share price not a bit overvalued at the minute? I appreciate though that they are proposing a big increase in production capacity so the 2008 profit should be a little higher and the 2009 profit should be substantially higher, all things going well. It is definitely a medium-term play but I am not sure when to try and get in, I think it may well fall further in the next few weeks, any thoughts?

[cbgb] 11/8/2007 04:49

And mine, glad I'm not in SOLA ;-)

[battlebus] 10/8/2007 18:55

Holding up well in the melt down also.Still my biggest holding.

[cbgb] 10/8/2007 18:11

New newsletter published on the website, 12MWp capacity matched by sales and Powerglaz marketing campaign coming to support capacity increase. Looking good.

[786abdul] 06/8/2007 15:12

Nice uptrend!!

[battlebus] 06/8/2007 10:29

BACK AT £2 AGAIN,solid investment long term.

[youngferret21] 20/7/2007 20:04

I think it was a discounted buy, cannot believe the price stayed the same if it was a sell, this along with two other big trades, what do you think?

[paulyboy] 20/7/2007 10:39

wow massive sell today and price goes up. Anyone explain that for me?

[geologic] 18/7/2007 20:24

thanks 9degrees.

[9degrees] 18/7/2007 17:11

Geo current P/e is 58 based on profit to last sept of £1.36 m
profit at half year was more than the comparative for 2005/6 and on a lesser turnover .
With the new contract in place and other prospects the prospective p/e must be much less than 58 now except that there may well be additional cost write offs for the new production lines etc
Whatever it is going to be good

[geologic] 18/7/2007 16:00

whats the prospective p/e? anyone know?

[mistertibbs] 18/7/2007 15:48

Without any doubt good news, but in this market and the way it currently treats small aim shares, won't put much oomph in the sp, yet

[paulyboy] 17/7/2007 10:53

excellent news today:

RNS Number:3460A
Romag Holdings PLC
17 July 2007


17 July 2007

Romag Holdings plc

Proposed Placing and Expansion of Photovoltaic Production

Highlights:

*#7.7m proposed fund raising from UK institutional investors at a price of
170 pence per share

*Funds raised will be used to finance the expansion of PowerGlaz production
facilities

*Increase in production capacity of PowerGlaz from 12 MW to 28 MW per annum


Romag Holdings plc ('Romag' or 'The Company'), a specialist manufacturer of
glass and plastic composites for security, transport and architectural
applications announces today that it proposes to place 4,543,619 new ordinary
shares of 25 pence each in the Company with institutional investors at a price
of 170 pence per share to raise approximately #7.7 million before expenses
representing, 9.1% of the enlarged issued share capital of the Company. The net
proceeds of the placing will be used primarily to fund the expansion of the
Company's photovoltaic production capacity.

In the six months to 31 March 2007, sales of Romag's photovoltaic products
("PowerGlaz") grew by more than 80% over the corresponding period in 2006.
Additionally, in March 2007, Romag announced the signing of heads of agreement
for a contract to supply PowerGlaz products into Spain. Following this, on 20
May 2007, Romag announced that it had signed a formal contract for the supply of
product to the value of Euro80 million over a five year period, the first
deliveries under this contract being anticipated in September this year.

A second production line, ordered in July 2006, was recently fully commissioned,
increasing installed photovoltaic production capacity from 4MW to 12MW per
annum.

The Board has now approved the purchase and installation of two further
production lines, increasing annual photovoltaic production capacity to
approximately 28MW per annum. Commissioning of these new lines is expected to
take place in the summer and autumn of 2008.

These new ordinary shares will rank pari passu in all respects with the existing
ordinary shares in the Company. Application will be made for the new ordinary
shares to be admitted to trading on the Alternative Investment Market of the
London Stock Exchange and it is expected that dealings will commence on 24 July
2007.

Commenting on the announcement, Lyn Miles, Chief Executive Officer of Romag,
said:

"The global PV market is expanding dramatically. This fund raising will help us
to exploit the excellent market conditions and continue to grow the PowerGlaz
business".

For further information please contact:

Romag Holdings plc Tel: [phone]
John Kennair, Chairman
Lyn Miles, Chief Executive Officer

Gavin Anderson & Company Tel: [phone]
Michael Turner

Brewin Dolphin Investment Banking
Alan Stewart, Corporate Finance Tel: [phone]
Jonathan Lienard, Analyst Tel: [phone]


Notes to Editors

Romag Holdings plc is a leading glass processor based in Consett, County Durham.
Romag has developed a range of photovoltaic glass products (PowerGlaz) for use
in the generation of renewable energy.

Romag also manufactures a wide range of products for the security, transport and
architecture markets to protect people against a variety of risks and threats.
Businesses using the Company's high-impact glass products, include BAA,
Securicor, government departments, banks, building societies and train
operators.

[paulyboy] 17/7/2007 10:25

excellent news today:

RNS Number:3460A
Romag Holdings PLC
17 July 2007


17 July 2007

Romag Holdings plc

Proposed Placing and Expansion of Photovoltaic Production

Highlights:

*#7.7m proposed fund raising from UK institutional investors at a price of
170 pence per share

*Funds raised will be used to finance the expansion of PowerGlaz production
facilities

*Increase in production capacity of PowerGlaz from 12 MW to 28 MW per annum


Romag Holdings plc ('Romag' or 'The Company'), a specialist manufacturer of
glass and plastic composites for security, transport and architectural
applications announces today that it proposes to place 4,543,619 new ordinary
shares of 25 pence each in the Company with institutional investors at a price
of 170 pence per share to raise approximately #7.7 million before expenses
representing, 9.1% of the enlarged issued share capital of the Company. The net
proceeds of the placing will be used primarily to fund the expansion of the
Company's photovoltaic production capacity.

In the six months to 31 March 2007, sales of Romag's photovoltaic products
("PowerGlaz") grew by more than 80% over the corresponding period in 2006.
Additionally, in March 2007, Romag announced the signing of heads of agreement
for a contract to supply PowerGlaz products into Spain. Following this, on 20
May 2007, Romag announced that it had signed a formal contract for the supply of
product to the value of Euro80 million over a five year period, the first
deliveries under this contract being anticipated in September this year.

A second production line, ordered in July 2006, was recently fully commissioned,
increasing installed photovoltaic production capacity from 4MW to 12MW per
annum.

The Board has now approved the purchase and installation of two further
production lines, increasing annual photovoltaic production capacity to
approximately 28MW per annum. Commissioning of these new lines is expected to
take place in the summer and autumn of 2008.

These new ordinary shares will rank pari passu in all respects with the existing
ordinary shares in the Company. Application will be made for the new ordinary
shares to be admitted to trading on the Alternative Investment Market of the
London Stock Exchange and it is expected that dealings will commence on 24 July
2007.

Commenting on the announcement, Lyn Miles, Chief Executive Officer of Romag,
said:

"The global PV market is expanding dramatically. This fund raising will help us
to exploit the excellent market conditions and continue to grow the PowerGlaz
business".

For further information please contact:

Romag Holdings plc Tel: [phone]
John Kennair, Chairman
Lyn Miles, Chief Executive Officer

Gavin Anderson & Company Tel: [phone]
Michael Turner

Brewin Dolphin Investment Banking
Alan Stewart, Corporate Finance Tel: [phone]
Jonathan Lienard, Analyst Tel: [phone]


Notes to Editors

Romag Holdings plc is a leading glass processor based in Consett, County Durham.
Romag has developed a range of photovoltaic glass products (PowerGlaz) for use
in the generation of renewable energy.

Romag also manufactures a wide range of products for the security, transport and
architecture markets to protect people against a variety of risks and threats.
Businesses using the Company's high-impact glass products, include BAA,
Securicor, government departments, banks, building societies and train
operators.

[mistertibbs] 07/7/2007 20:49

It took him until 1990 to acquire full control of Romag. Zytronic demerged in 2000 and floated on Aim; Romag, originally Security Laminators, in 2003. He now owns 9 per cent of Zytronic and 12 per cent of Romag. Share sales this year have given him about £18m, of which about 30 per cent has been used for debt payments and reinvestment.

Romag's PowerGlaz sales, driven by concerns over energy supply and CO2 emissions, are rising sharply; a second PowerGlaz production line has just come on stream. Customers can even specify the spacing of the PV cells to combine power production, solar shading and insulation. "We are the only company in the world who can do an entirely bespoke product of this nature and these sizes," says Mr Kennair. Meanwhile, at Zytronic, a £4m plant to make Zypos, expected to be the business's fastest growth area, starts production in September.

Mr Kennair, one of the Bank of England's regional panel members, believes the UK can continue to make world-beating products.

"Matching innovation to technology to product is the key," he says. "Getting that clear link is difficult. But if it works, it's really good."

And here is the end of that article posted by CBGB

[mistertibbs] 06/7/2007 10:45

bookbroker....more than one solution will be required for the purpose of power generation. It would be a little naive to think otherwise. Ocean, wind, light and heat, fuel cell, existing oil and gas, nuclear, hydro-electric and any other new technology that comes along. Progress never stops. Just look at the way things have changed. What used to take 50 years, probably could almost be solved in 10 now

[bookbroker] 05/7/2007 10:06

Not much chance of solar energy being much of a success in this country what with the weather as it is, hydro-electric seems a better bet!