[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Tekmar Group Plc LSE:TGP London Ordinary Share GB00BDFGGK53 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -2.08% 47.00 46.00 48.00 48.00 46.50 48.00 56,558 09:45:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil Equipment Services & Distribution 40.9 2.0 3.9 12.2 24

Tekmar Share Discussion Threads

Showing 8926 to 8950 of 9325 messages
Chat Pages: Latest  361  360  359  358  357  356  355  354  353  352  351  350  Older
DateSubjectAuthorDiscuss
30/4/2021
14:43
I guess it relates to the layout and wind farm size (MW). Racebank is 573 MW so one of the larger ones. I'm not sure what contracts Tekmar won with other Orsted assets. Equally, I don't know if this problem will arise with other owners that Tekmar won contracts with. Also we don't even know if they are on the hook for anything at all! Seems unlikely to me that they would sell something to go under the water and provide extensive guarantees. Could probably find out easy enough on their website but I'm lazy at the moment. It could be a perception thing though...the way they react could affect future orders, or cast doubts on the quality of their product. I would have thought a statement should be issued to clear anything up. You can bet your bottom dollar that Orsted will seek to claim back some form of damages/losses here if it can be pinned on the product. Who wouldn't? Equally, the Tekmar terms should hopefully be watertight (no pun intended!) if they've done their contracting correctly. Equally Orsted would now have quite a bit of leverage in future negotiations with Tekmar. My gut feeling is that we will hear about this issue much more in the future. The industry is relatively young and growing rapidly.
pinemartin9
30/4/2021
14:23
10 Windfarms how many CPS per windfarms anyone know?
sebass
30/4/2021
12:47
March 10, 2016 Subsea cable protection specialist, Tekmar Energy won a contract with DONG Energy to supply 189 cable protection systems (CPS) on its Race Bank offshore wind farm in North Norfolk. Orsted was called Dong....
elsa7878
30/4/2021
12:17
Hmmmm. I'm not sure what guarantees they would have been sold with. Also depends on if it is 100% down to the cable or if the erosion was a construction issue. It mentioned about rocks being placed around the base of the turbine foundations somewhere. Orsted are very big and will have a good commercial team on this you can bet. Also if this has happened for Orsted it will definitely happen for other offshore wind farms. Remember, they pride themselves on governance, transparency and a leadership position in the offshore wind sector. They were the first company to acknowledge the much greater than modelled/anticipated blockage effect and the deviaiton from pre-constructin energy yield estimates. That resulted in a significant drop in the Orsted share price a few years ago. This development has added a lot more uncertainty for me. Yes, the share price is cheap, but does the risk/reward stack up at this price. I was very close to buying some today but have decided to wait.
pinemartin9
30/4/2021
11:58
My worry is if Tekmar's supplied CPS is what has caused the proplem then TGP could be liable for fixing the $400m in damages. That wont be very good for a £40m company
benbay001
30/4/2021
09:34
Should the company make a statement then?
imperial3
30/4/2021
09:14
No mention of TGP, cables can get damaged, but quoted from the Guardian article: The government expects offshore wind to play a major role in the UK’s future electricity system, and aims to quadruple the UK’s offshore wind capacity to generate enough electricity to power every home in the UK. Time to top up.
charlie9038
30/4/2021
08:29
Yes, could reflect badly on Tekmar if that's the case. Not sure if there would be any economic impact risk to future sales though?
pinemartin9
30/4/2021
07:46
Is this a Tekmar CPS installation? hxxps://www.windpowermonthly.com/article/1714401/orsted-plans-solve-offshore-wind-cable-challenge "She also said that a different cable protection system was in place at wind farms built prior to this batch of ten European projects." Im guessing the earlier ones were definitely Tekmar?
benbay001
30/4/2021
07:40
Cable protection system at Orsted's Race Bank wind farm reported damaged in the Times to-day
bobdouthwaite
29/4/2021
21:17
https://amp.theguardian.com/business/2021/apr/29/rsted-says-offshore-uk-windfarms-need-urgent-repairs
soulcold
29/4/2021
17:16
I thought it was just my shares that were a bit flat at the moment, sea of red ATM
charlie9038
29/4/2021
10:54
Think we are well placed here, not many shares have done nothing recently, let us hope our time is soon...........
chrisdgb
27/4/2021
10:58
There holding wasn't small in the first place either.
scooper72
27/4/2021
10:42
Looks like trimming rather than dumping. Not alarmed by behaviour normal for schroeders RM
rampmeister
27/4/2021
09:11
Schroders definitely starting to reduce ahead of results in June, and they will know far more than us!
currencytrader1
27/4/2021
08:20
I think you may want to read that TR-1 again! It means that Shroders continue to sell. 23/12/20 19.065%4/3/21 18.889%5/3/21 18.743%19/4/21 17.897%23/4/21 17.692% It's a pretty slow rate, but they are selling not buying.
dangersimpson2
27/4/2021
07:57
looks like schroders bought a load. Happy days
charlie9038
23/4/2021
14:09
https://www.tekmar.co.uk/news/tekmar-energy-to-protect-the-gode-wind-3-grid-connection/
sev22
22/4/2021
17:40
Another contract win announced (for 2022/23) - again no way of knowing the size.
mikro1
15/4/2021
10:19
Needs to try harder. Lol. While we are waiting for it to pull through the resistance has anyone here looked at VWS - Vestas Wind Systems. A big Danish manufacturer of wind farm turbines. Had a decent pull back recently from all time highs and made a tentative move back on to an upward trajectory. I got a tip on it via someone from Rathebones. Looks like it is well positioned for the long term.
scooper72
15/4/2021
09:17
Trying to recover....!
chrisdgb
15/4/2021
07:11
https://www.offshorewind.biz/2021/04/15/more-tekmar-cable-protection-to-be-installed-offshore-china/
sev22
14/4/2021
18:53
Nice news would be nice to see on rns though to help the sp
charlie9038
14/4/2021
17:01
https://www.tekmar.co.uk/news/tekmar-energy-secures-third-cps-contract-in-china-in-as-many-months/
sev22
Chat Pages: Latest  361  360  359  358  357  356  355  354  353  352  351  350  Older
ADVFN Advertorial
Your Recent History
LSE
TGP
Tekmar
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211129 20:32:32