Sparkco2etcsec Discussion Threads

[outsider] 31/3/2010 08:05

FOUR director buys!

Company CarbonDesk Group plc

Symbol CO2P

Headline Purchase of Shares by Directors

Released 30 March 2010

RNS Number

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

30 March 2010

Purchase of Shares by Directors

CarbonDesk Group Plc announces that on 30 March 2010 four directors of the
Company each bought 25,000 ordinary shares of CarbonDesk at a price of 15p.
Their share purchases, and their shareholdings following the transactions, are
shown below:

Peter Daniel Brad Anthony

Holmes Edelman Allan St John

New shares purchased 25,000 25,000 25,000 25,000

Total shareholding 575,020 262,500 225,000 25,000

% of Shares in issue 6.8% 3.1% 2.7% 0.3%

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7



END

[outsider] 26/3/2010 09:07

Nice to see Carbon on the ball as Greyhound represents a nice bit of diversifcation trading listed as : Active in Oil Markets (Brent Crude & Gas Oil)

[outsider] 26/3/2010 09:01

ice futures europe 16 march:

New Member
The Exchange is pleased to announce that the under mentioned
company has successfully applied to become a Trade Participant of the
Exchange.
Greyhound Energy Markets Ltd
4 Chiswell Street
London
EC1Y 4UP
UK
They will use the mnemonic GEM.

posted 26-03-201

[envirovision] 19/3/2010 18:09

NG futures hit a 20 year low yesterday. Yes a 20 year low!!! With recent ultra high oil prices, Its really hard to comprehend isn't it.

Thanks to new and now proven high pressure shale compression/extraction techniques turns out theres a further 100 years worth of reserves in the USA alone! (and they thought it was going to be running out just a few years ago)Let alone massively increased reserves in every other major.

All this talk of nuclear and investing billions in renewables is window dressing. The future generation of big energy is very much going to be NG.

This pretty much means carbon trading can only grow larger too since its assured NG the cheapest form of energy generation we still currently know.

I guess new carbon capture/storage technology will help but so long as carbon heats the planet theory sticks carbon trading can only grow exponetialy long term.

ps good to see the options market up and running.

Its a shame these cant be put in a sip.

[outsider] 19/3/2010 09:25

London, 10 March 2010

CarbonDesk is today pleased to announce the launch of its new option price display and intent platform, CarbonDesk Option Platform (COP). The first successful transactions took place on Monday 18th January 2010 after five months' development. Following extensive market testing the system is now ready to be used by a wider audience. CarbonDesk, a new entrant to the emissions broking world, had identified the lack of specialist price display systems in the growing ECX options market. Brett Stacey, Chief Executive of CarbonDesk, said "Our clients had indicated that they wanted both anonymity and visibility in the options market which has so far been lacking. We have now found a way to meet both these requirements with the widest distribution of prices over the full range of available ICE cleared options."

The new system is a free plug-and-play desktop program developed exclusively for broking clients of CarbonDesk who wish to display prices in options where they are required to show the live premium they want in a particular option. There is no widely used system which allows clients to advertise live emission option prices.

Patrick Birley, Chief Executive of the European Climate Exchange, commented on the development "Options volumes in the emissions markets have experienced tremendous growth in recent years and there is little doubt that this trend will continue. We are delighted to see initiatives such as CarbonDesk's COP, which provides its users with additional tools to support their trading activity and leads to increased price transparency".

One of the participants in the first transactions said "This will give us the ability to stream our prices to the widest possible audience in real time and we are excited by the development of what is a very important asset class."

CarbonDesk Limited transacted its first order in August 2008 and CarbonDesk Group Plc (its parent company) listed on Plus Markets in February 2009. CarbonDesk Limited became regulated by the FSA in August 2009 at which time it began its planned strategy to develop the emissions derivative market. In January 2010 CarbonDesk Group Plc announced its maiden profit for the six months ending October 2009.

Ends --

[outsider] 17/3/2010 06:43

Times 15th March

The Government will today support a proposal tabled in Brussels for a new, much more onerous EU target for cutting carbon dioxide even though other nations with higher emissions have failed to commit to reciprocal action.

Ministers have abandoned their previous condition that the world must agree a legally binding treaty on emissions before the EU commits to a tougher target.

The EU has already gone farther than the rest of the world by making a legally binding commitment to cut emissions by 20 per cent on 1990 levels by 2020. It is now preparing to raise the target to 30 per cent despite the failure of December's climate change summit in Copenhagen.

[outsider] 17/3/2010 06:31

BBC 16th March

Seventy-three countries have now signed up to the non-binding Copenhagen Accord, the summit's outcome document.

The weak nature of the document led many to condemn the summit as a failure; but Lord Stern said that view was mistaken.

"The fact of Copenhagen and the setting of the deadline two years previously at Bali did concentrate minds, and it did lead... to quite specific plans from countries that hadn't set them out before," he said.

The reality is different from half a year ago
Gro Harlem Brundtland
UN special envoy on climate change

Still real, still a problem

"So this process has itself been a key part of countries stating what their intentions on emissions reductions are - countries that had not stated them before, including China and the US.

"So that was a product of the UNFCCC (UN climate convention) process that we should respect."

[outsider] 12/3/2010 10:32

you may already know enviro but just in case you dont you can get live plus prices on carbondesk by adding CO2P.GB to your monitor

[outsider] 12/3/2010 10:26

3 buys in first 2.5 hours and ticked up on all three, lets see what EOD brings.

[outsider] 12/3/2010 10:16

Hi enviro, yes topped up 11000 this am as soon as I saw the outlook on CLE and profits, the fact that te operations so far will be insignificant and they have allocated 250k of their c450k cash for investment recently is telling me something!

[envirovision] 12/3/2010 10:07

My attraction besides the massive profits they can turn in the spot markets when conditions are right, are that they will be doing orders and futures which after all is expected to turn more income than the spots.

Luck to all.

[envirovision] 12/3/2010 10:06

Hence why i am just about to buy some this minute!

[outsider] 12/3/2010 09:36

25000 sold at 15.5p maybe distressed seller a few days ago, but after CLE results and outlook today with their shares strongly up, Carbondesk looks superb value, CLE p/e of 300 plus. Carbondesk p/e abt 2

[outsider] 05/3/2010 00:40

lending 250k means they have confidence and resources augers well imo.

[outsider] 04/3/2010 14:32

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

4 March 2010

Strategic Investment

CarbonDesk Group plc is pleased to announce that it is taking a 33% strategic
investment in a new business called Greyhound Energy Markets Ltd (GEM). GEM
will be trading in the carbon and energy markets. The cost of the shares is £
33. CarbonDesk Group plc will also make loan funds available to the new venture
to a maximum total of Euro250K.

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7



END

[outsider] 22/1/2010 11:03

this is the KEY statement:

CarbonDesk Limited, our operational subsidiary, was approved by the FSA in
this period which allows the company to broke both futures and options in the
Carbon Markets which we expect to be the LARGEST contributor to the Company's
revenue in the future.

This means current profit (8p eps) is likely to be the smallest part of the business.

[outsider] 20/1/2010 06:20

haha yes been dormant almost 8 years I think Jim, maybe this time.........

[egoi] 19/1/2010 14:17

Small exercise of options today.

But the big news..........

'FOOTBALL: FA's new training base at Burton to be revived and renamed St George's Park....'

Not St Peter's Avenue then? -:((

[outsider] 07/1/2010 13:45

thx for link Jim

6 January 2010
CarbonDesk Group - Green Greed

In the half-year to 31st October 2009 carbon credits broker CarbonDesk generated maiden revenues from operating activities of £2.35 million. This came about as a result of "extremely large volumes" in the carbon spot market and saw the firm report pre-tax profits of £846,801, compared with a loss of £21,188 during the first half of 2008. Earnings per share at the company, which was founded in October 2008 and acquired by PLUS-quoted investment company Awabi in February 2009, were to 8.59p. No interim dividend was proposed.

During the first half of the year all of CarbonDesk's turnover consisted of commissions generated through brokerage of carbon credits. However, in August 2009 the firm received approval from regulatory authorities to provide futures and options in the carbon market to clients – an activity it expects to grow into its largest operating segment. On its balance sheet the London based business held net current assets of £524,379 at the period end, which consisted of a £1.89 million in cash (sufficient to fund 15 months of operating expenses at the half-year rate).

CarbonDesk was strongly cash generative over the period and posted a £1 million inflow from operating activities. On its outlook the company expects increased trading volumes as the pressure for corporations and countries to deal with carbon emissions grows. While it has expressed disappointment with the lack of an agreement at the Copenhagen conference the business still expects rapid expansion in its markets.

At a mid-price of 21.75p CarbonDesk is capitalised at just £1.54 million. Even though the shares have gained 15% over the last 12 months the firm is still trading at a mere 1.4 times cash generation over the first half of the year. Furthermore the company holds £458,090 in net cash, equating to 31% of its market capitalisation. Even though the company has said "volumes have dwindled" over the second-half of the year we would be surprised if it didn't finish the year in the black in light of the strong first half results.

Due to the early nature of the company's activities for us to evaluate the firm on a multiple of earnings would not be entirely relevant. The carbon market may be based on the greatest scam of the past 100 years – that is to say Global Warming theory – but right now the political establishment is happy to blow billions of your pounds on this discredited thesis. So, in light of the strong balance sheet, opening of new business avenues following regulatory approval and long-term opportunities we rate the shares as a speculative buy.

[outsider] 07/1/2010 13:43

ah well at least you can spell independent

[barbudo viejo] 07/1/2010 12:19

sorri outsider. didnt mean to hert your fealings