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SAE Simec Atlantis Energy Limited

2.10
0.10 (5.00%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Simec Atlantis Energy Limited LSE:SAE London Ordinary Share SG9999011118 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 5.00% 2.10 2.00 2.20 2.25 1.80 2.00 10,558,584 15:45:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Steam,gas,hydraulic Turbines 7.4M -9.65M -0.0133 -1.58 15.18M
Simec Atlantis Energy Limited is listed in the Steam,gas,hydraulic Turbines sector of the London Stock Exchange with ticker SAE. The last closing price for Simec Atlantis Energy was 2p. Over the last year, Simec Atlantis Energy shares have traded in a share price range of 0.75p to 2.60p.

Simec Atlantis Energy currently has 722,812,335 shares in issue. The market capitalisation of Simec Atlantis Energy is £15.18 million. Simec Atlantis Energy has a price to earnings ratio (PE ratio) of -1.58.

Simec Atlantis Energy Share Discussion Threads

Showing 2401 to 2421 of 3325 messages
Chat Pages: Latest  97  96  95  94  93  92  91  90  89  88  87  86  Older
DateSubjectAuthorDiscuss
21/6/2022
16:57
I hope he meant £5 :-)
skinny
21/6/2022
16:54
Not sure why advfn changes pound signs to question marks - perhaps telling me something
wheeze
21/6/2022
16:53
Clabburn, I'm assuming you meant 5p +. Thoughts of £5 are not good for my heart rate.
wheeze
21/6/2022
16:42
CfD results will be released on 7th/8th July. My guess is that some are taking positions now on the assumption the news will be positive. It would be nice to see some front running over the next two weeks and then a further pop with the news. I have no idea what value the market will place on a successful CfD win but hoping for a quick rise up to £5+. We will need to wait and see. The key thing will be that it secures their near term future and should facilitate access to the capital they need to deal with their debt and get the next generation of turbines built and deployed.
clabburn
21/6/2022
16:07
CFD must be ready to be released , fireworks maybe .
jotoha2
21/6/2022
14:31
Is there something brewing here. Up 7% and 2.7M volume...
saadia110
13/6/2022
09:45
Yes despite some recovery the low share price still implies heavy scepticism exists about their ability to turn their projects into cash generating assets. A CfD should represent the start of that changing but hard to say how far it will take us on its own. A contract is obviously just the first step - they will still need to build and install 80 turbines which will require significant amounts of finance and comes with execution risk. However you look at it though, guaranteed revenue support for 15 years will improve the fundamental value calculation not least because it also implies a route to market for the entire 400MW scheme. We should also not forget about the 3GW of potential in the Alderney race that could be developed through the French JV. One step at a time though.
clabburn
13/6/2022
07:16
Since March the share price has slowly risen reflecting the positive sound bites resonating from the company. I truly believe its onwards and upwards
the codger
10/6/2022
19:54
Good post Clabburn. I am absolutely sure the Scottish govt would not want Simec to fail and will be doing everything behind the scenes to help. Also our large shareholder has deep pockets regardless of the financial problems. All in all the market cap remains a steal for any investor, imho. I am currently maxed out though must admit I was sorely tempted to top up this afternoon after the RNS.
wheeze
10/6/2022
18:22
Good news for sure. They will be paying very hefty interest but its far better than the alternative. Hopefully they will release some money from Uskmouth battery within the next 12 years and with a CfD in the bag should be able to access capital markets again and refinance the debt properly next summer. Dare I say it, the major share holder could even be in a position to help out by then as well.

Im sure the CFO still wakes up in cold sweets thinking about the cash situation but you can see a clear path through the jungle now. All in all, the board deserve some credit here. It all looked extremely bleak last autumn.

clabburn
10/6/2022
16:11
And what's that got to do with SAE?
skinny
10/6/2022
15:52
Too many small energy companies are going burst because of no oil or cost of digging to high , I am with IGR , who has billion of pounds revenues
blackhorse23
10/6/2022
15:19
SIMEC Atlantis Energy Limited SAE confirms amendment to Debenture Deed
10/06/2022 3:12pm
UK Regulatory (RNS & others)

Simec Atlantis Energy (LSE:SAE)
Intraday Stock Chart

Friday 10 June 2022

Click Here for more Simec Atlantis Energy Charts.
TIDMSAE

RNS Number : 5248O

SIMEC Atlantis Energy Limited

10 June 2022

RNS

10 June 2022

SIMEC ATLANTIS ENERGY LIMITED

("SAE", the "Company" and, together with its subsidiaries, the "Group")

SAE confirms amendment to Debenture Deed

Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will:

-- Extend the Maturity Date from 30 June 2022 to 30 June 2023
-- Allow the interest due on 30 June 2022 to be paid late but no later than 30 September 2022
-- Apply additional interest due to the amount that is being paid late at a rate equivalent to Barclays PLC published base rate +3% per year.

In the same update, the Company noted that it would also be requesting a deferral of interest due on 30 June 2022 in relation to Atlantis Future Energy debentures which mature on 23 March 2023 (GBP4.97m) and 30 September 2024 (GBP3.79m)

bigtune888
10/6/2022
15:19
SIMEC Atlantis Energy Limited SAE confirms amendment to Debenture Deed
10/06/2022 3:12pm
UK Regulatory (RNS & others)

Simec Atlantis Energy (LSE:SAE)
Intraday Stock Chart

Friday 10 June 2022

Click Here for more Simec Atlantis Energy Charts.
TIDMSAE

RNS Number : 5248O

SIMEC Atlantis Energy Limited

10 June 2022

RNS

10 June 2022

SIMEC ATLANTIS ENERGY LIMITED

("SAE", the "Company" and, together with its subsidiaries, the "Group")

SAE confirms amendment to Debenture Deed

Following the update on the 25 May 2022, SAE is pleased to confirm that Atlantis Ocean Energy debenture holders have approved the amendment to the debenture deed which will:

-- Extend the Maturity Date from 30 June 2022 to 30 June 2023
-- Allow the interest due on 30 June 2022 to be paid late but no later than 30 September 2022
-- Apply additional interest due to the amount that is being paid late at a rate equivalent to Barclays PLC published base rate +3% per year.

In the same update, the Company noted that it would also be requesting a deferral of interest due on 30 June 2022 in relation to Atlantis Future Energy debentures which mature on 23 March 2023 (GBP4.97m) and 30 September 2024 (GBP3.79m)

bigtune888
10/6/2022
15:18
Excellent news
the codger
10/6/2022
11:01
Yes. Less than a month to wait now. If that goes to plan, we should hopefully see a good run of news for the next 6 months or so including planning consent for the Uskmouth battery. Progress with the French project would be the cherry on the cake.
clabburn
10/6/2022
09:18
CFD should wake this little baby .
jotoha2
10/6/2022
07:12
htTps://www.popsci.com/environment/tidal-turbine-renewable-technology/Interesting to see how late popular science has been in realising the value of tidal energy
wheeze
06/6/2022
07:20
Happy to hang on to my holding here
the codger
05/6/2022
13:44
Interesting feature on UK tidal power first thing this morning on Radio 5....
thegreatgeraldo
05/6/2022
12:58
Good to see that Money is trickling in to the tidal sector. Hopefully Simec's time will comehtTps://www.offshore-energy.biz/french-tidal-energy-company-bags-e2-5m-investment/
wheeze
Chat Pages: Latest  97  96  95  94  93  92  91  90  89  88  87  86  Older