Share Name Share Symbol Market Type Share ISIN Share Description
Rurelec Plc LSE:RUR London Ordinary Share GB00B01XPW41 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.60p 0.50p 0.70p 0.60p 0.60p 0.60p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electricity 0.0 -0.6 -0.1 - 5

Rurelec Share Discussion Threads

Showing 3126 to 3147 of 3350 messages
Chat Pages: 134  133  132  131  130  129  128  127  126  125  124  123  Older
DateSubjectAuthorDiscuss
30/10/2015
15:42
Welll there is the RNS. Dreadful isn't it that someone always knows.
gerhart
30/10/2015
15:42
Good job nothing leaked before today's RNS, there might have been a spike up in the price.
sleveen
30/10/2015
15:30
Am one of these mugs bought at 82
torbie
30/10/2015
14:42
optimist13 Posts: 2,338 Off Topic Opinion: No Opinion Price: 0.85 GFD Today 13:37 Thanks for the detailed analysis. But what about the £7.5m debt that has now been taken over by the purchaser of the Hydro after the period end. Where does that fit into the equation. I keep looking at the accounts, but as you say, there is not enough information to give us an accurate figure on the valuation. However, I think we are all agreed that the assets are all saleable and are worth an awful lot more than the current valuation of the company. It is also worth noting that in the full year accounts, the company made mention of the relationship with a large organisation in the South American power industry - see below. I'll bet they would be quite keen to buy some of the assets if they were put up for sale: "The Company has also agreed terms but has not yet been contracted,for an alternative one year secured loan from a large organisation within the South American power industry which will allow the Group to settle the deferred payment to IPSA Group PLC and repay outstanding loans. This facility is the first stage of an intended larger cooperation with this South American company, a power generation company operating in the same field as Rurelec in Central and Latin America. The Group expects to repay all loans from the proceeds of the sale of its Peruvian hydro portfolio, but with contingency plans for repayment from other sources if the sales are delayed. " Yes - I also forgot the $6.4m (£4.2m) realised on the sale of the Peru Hydro after the period covered by Interims which needs to be factored into the equation. That adds a further £0.007 to the £0.029 = £0.036. I'm not certain that the US$7.5m (not £7.5m), for which the buyer assumed responsibility on the sale of that asset, was shown in the Co's Borrowings - I can't think of any reason why it wouldn't have been though - so I'm not taking that reduction in Borrowings into account in arriving at the "fire sale" NAV of 3.6p per share. That's still under half of the written-down 7.7p NAV mentioned in the Interims. Were that debt to have been included in the Co's borrowings, the "Fire Sale" NAV increases by £0.009 to 4.5p per share. That amounts to a further write-down (over and above those made in the Interims) of £18m of assets (7.7p - 4.5p = 3.2p x 561m). For my own peace of mind, I'm glad that I've carried out that research and that exercise. The Directors would have to be virtually criminally negligent were they unable to realise assets of just £20m, free of all debt, to achieve a NAV of 3.6p per share, IMHO. If Sterling's shares are sold by the Administrators for less than 3.6p per share, we'll know that there's something amiss and that Kamel's theory is right i.e. that it has all been engineered.
colin12345678
30/10/2015
14:35
back in ..re rate
temmujin
30/10/2015
14:05
Those 2 250,000 are buys although shown in red market makers at it
torbie
30/10/2015
13:18
That's what we do remember win win win
torbie
30/10/2015
12:52
Yeah, go on Torbie....do tell.
gerhart
30/10/2015
12:48
Don't miss this it's going up up up big news coming soon
torbie
30/10/2015
12:40
Going over 2p soon
bismilallah1
30/10/2015
12:29
mugs buying. BUST soon.
bustedflush2
30/10/2015
11:27
Wow its top of the pops today.
meijiman
21/10/2015
13:23
Hi Kin, I agree with much you say. But I'm not suggesting someone would buy to please us. But buy because it's a bargin. If RUR did go pear-shaped, peeps could make their bid against others to Admin for just piece meal assets. But this way, they get half of, and control of AIM listed low regulation PLC - for buttons. A business they could quickly turn around and make a fortune from in future years, through shares/options etc. Not to mention reputation and career enhancement! That's what my thinking is anyway. But RUR isn't at death's door yet. RUR and Sterling are entirely different legal entities. It's Sterling that has gone belly up not us. And they were just a shareholder - like some of us. Albeit - the biggest with complicated relationship. So much of this looks engineered. Remember Mark Keegan "resigned" from Sterling just after Sterling put him into RUR??!! Why? So that he was completely disassociated from Sterling for some reason?
gerhart
21/10/2015
13:01
IPC results out on companies house. For 2014, revenue came in at £0.1m which was consulting fees for tender work. £3.2m of past revenue was stripped out as bogus.
bam bam rubble
21/10/2015
12:47
Gerhart. I can see your point but I think you may be being over optimistic. It's important to remember that the former Directors of RUR and Sterling are to all intents and purposes a concert party in terms of their interest in the outcome. There is no reason at all for them to act for the benefit of the other shareholders here, they've never done it before so there's no reason to expect that to change. It's much easier for them to get their hands on the assets of RUR by allowing it to go into administration too. They can buy anything worth having back from the administrators for buttons. I wouldn't be surprised to see it go full circle and for IPC to buy RURs assets in a fire sale. Shareholders will get nothing and Peter Earl will continue to laugh all the way to the bank.
kinbasket
21/10/2015
12:33
The 20,000 and 21,225 showing as sales are in fact buys why do they keep doing that ?
torbie
21/10/2015
10:46
I put this elsewhere, but I think it is really worth remembering.... But I find it hard to believe that the Admin peeps will not be approached by someone looking to buy all of Sterling's shares - even by friends of sterling in new Co. Or by other peeps in industry. Would PE and former BOD not seek to regain control for a pittance. Look at the Mk Cap, and half of that - and they wouldn't even have to pay Admin full current share price amount. They'd probably get a big discount to current share price as Admin knows dumping shares on open market will get a lot less. If someone was to then inject a little working capital for now, the whole Co fortunes would be transformed and the real value of RUR as a going concern realised and maybe even developed! Unfortunately at the moment it is certainly not in the interests of anyone who might want Sterling's shares to do anything to boost the current share price For them much better to let it languish. Things look bad at the moment but the RIP scenarios are well over-done I think.
gerhart
20/10/2015
12:46
By the way, in ShareProphet's speak - when they describe a company's affairs as 'complex' it means they don't have a clue what they are on about. They know all about different pizzas though.
loverat
20/10/2015
12:40
Loverat, LOL.
bones30
20/10/2015
12:39
Interesting - ShareProphets bashes it. Might be some value here after all. Not yet though.
loverat
20/10/2015
12:18
Well I'm pleased for you -me neither.
meijiman
20/10/2015
12:15
Luckily I never invested a penny in this incestuous pile of poo.
kinbasket
Chat Pages: 134  133  132  131  130  129  128  127  126  125  124  123  Older
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