Simec Atlantis Energy Share Discussion Threads

[mjb252] 31/5/2024 22:38

Commenting on the launch of Great British Energy by the Labour Party, RenewableUK CEO Dan McGrail said:"With the right set-up and direction, Great British Energy has the potential to play a key role in supporting the development of innovative emerging technologies like tidal power and floating wind, as well as the development of new onshore wind and solar sites through Labour's Local Power Plan".

[robertspc1] 28/5/2024 20:12

You clearly have no idea about balance sheets. This company is mired in debt hence the low equity valuation. Uskmouth worth 30 or 40m but debt exceeds that

[jotoha2] 28/5/2024 12:35

Do the maths , Uskmouth fully developed on the BESS project should easily generate over £200 M in revenue on land sales alone ,, and Gupta will become even richer , as will shareholdrs here.

[jotoha2] 28/5/2024 08:35

Gupta will be there when more cash is required , he is no fool and will yet come good here.

[robertspc1] 28/5/2024 07:20

This is a flea bitten dog that needs a proper clean up. They need to get rid of the Gupta shareholding, clean up the balance sheet and sort the funding out for Maygen expansion. Not sure the management are up to the job tbh but we will know soon enough as more debt becomes due

[wheeze] 28/5/2024 06:18

They have received just under a third of the market cap

[smokey 1o3] 24/5/2024 08:24

jotoha - be careful what you wish for!

[jotoha2] 24/5/2024 07:49

GBEnergy will be the main provider of funding going forward , based in scotland , so SAE will be sitting round the table collecting the cash.Massive growth for Maygen for sure.

[dplewis1] 20/5/2024 06:13

I see this got finance from New Technology Capital LLC a few years ago - anyone know who they are of which company backs them? I assume the financing was negative for SAE?

[jotoha2] 13/5/2024 13:20

Simply wall st says we are undervalued by a very large margin , share price should be £0.17 ,come on BOD lets get this donkey moving in the right direction.

[jotoha2] 07/5/2024 12:58

Oh yes is that so , check how much support has gone into the Nuclear industry in the last 70 years , my research says over £200 Billion , and still growing !

[jaknife] 07/5/2024 12:06

If the "technology" was any good then it wouldn't need "support"!

[jotoha2] 07/5/2024 11:58

Labour did have a plan to support this technology , but have ditched those ideas , and the SNP are in a bigger mess , maybe the Chinese will step in with their cash , usual performance from the present GOV all talk and no action.

[robertspc1] 07/5/2024 10:57

I think the lights have gone off here. Management gone awol

[jotoha2] 26/4/2024 07:49

Looking at the modest trades recently then there is clearly little appetite to see this rise , options have been issued so lots of incentive to get things done here.Have they the skills to perform ?

[robertspc1] 25/4/2024 08:04

Maybe someone has turned the lights off here.

[skinny] 21/4/2024 09:18

Worth a watch :-

[robertspc1] 08/4/2024 16:12

The complete lack of news on Meygen expansion is a big concern here. No one has any idea whether it is financially or operationally deliverable. Certainly no one putting any value on it

[wheeze] 28/3/2024 21:58

Heh heh, no arguments with the historic chart, JakNife. What interests me is what the next couple of years will show. Care to plot the chart extending that line ?

[jaknife] 28/3/2024 20:58

wheeze,

"lol JakNife, long time no see. How's your short doing ?"

Here's a chart. What do you think the answer is?



JakNife

[wheeze] 28/3/2024 20:33

lol JakNife, long time no see. How's your short doing ?

[jaknife] 28/3/2024 20:29

Fwatson,

"What is this trading update news? I can’t read it…."

See:


Hands up who think that the board will:

A. Put these funds carefully aside so that they can repay the bonds on the due date?

B. Award themselves grotesquely inflated salaries and bonuses .... because they can?

JakNife

[fwatson] 28/3/2024 15:01

What is this trading update news? I can't read it....