Tekmar Share Discussion Threads

[diku] 17/5/2021 14:31

All those buys and the price doesn't move...overhang?...

[1tommyt] 15/5/2021 15:21

Yes some awards on website

[diku] 15/5/2021 14:36

Are they doing any work in the US?...

[currencytrader1] 15/5/2021 09:26

Buys are increasing though, and at last update in December board promised many updates on business pipeline and cost savings at June 1st update.
I think we will see a climb into update in 2 weeks, then it's down to how it reads..
They are clearly winning business, and if cost savings are kicking in with the re modeled business, then we should get a good re rate from here.
From what i read, tekmar feel their cable protection is bullet proof, so current issues are probably an installation issue.

[1tommyt] 15/5/2021 07:27

@Buywell can you show me a chart for any stock when the lines show growth ??

[charlie9038] 15/5/2021 07:27

And in the next decade, wind power generation in the UK is expected to triple. Much of this progress is thanks to the Climate Change Act of 2008, which directed an estimated £50 billion towards renewables.

[buywell2] 14/5/2021 23:03

Mr Market is taking this steadily downwards despite the impressive list of Significant Shareholders that bought in 2018 float at 130p as shown in the header




free stock charts from uk.advfn.com



jonwig

Perhaps you would like to show the latest list ?

Here is the info:



One can only assume that many from your list jonwig have contributed to the above chart shape as their names are no longer there

However the financial numbers are imo the main reason why ---

Without doubt there is a need for wind farms --- but electricity generation in the sea has always struck buywell a being very high risk and with high maintenance and low lifespan of component parts exposed to salt water and sea spray --- rising sea levels and worsening weather patterns/storms --- and now the added worry of terror strikes , which was never thought about until the Iraq war.

Wind generation on the land makes much more sense , and even that seems risky

Solar generation on land and on home roofs makes much more sense imo , wonder why the UK government stopped giving folks a few quid to get it installed ?

Was it lobbying ?

dyor imo

[currencytrader1] 14/5/2021 19:31

Anyone got a view on the update in 2 weeks?

[currencytrader1] 13/5/2021 11:38

Just bought a good chunk at 49p,seems good value to me..

[1tommyt] 13/5/2021 09:51

https://www.rechargenews.com/wind/we-know-a-bit-about-transmission-iberdrola-chief-says-no-offshore-wind-cable-issues-after-orsted-warning/2-1-1009779

[pinemartin9] 06/5/2021 13:14

Agreed - this somewhat derisks Tekmar. Looks like the installation solution as opposed to the product.

[1tommyt] 06/5/2021 10:16

I googled this could find it but did see others supplied RWE https://www.google.co.uk/amp/s/www.oedigital.com/amp/news/482633-trelleborg-to-provide-cable-protection-for-rwe-s-kaskasi-offshore-wind-farmhttps://www.cpnl.eu/projects?lightbox=dataItem-iya0gjqvAgain I don't think this is a product issue but more a design issue for the foundation? If Tekmar are helping Orsted would they not also use the solution for all developers like they did on the other O&M contracts.?

[1tommyt] 06/5/2021 10:13

Can you send a link please

[pinemartin9] 06/5/2021 10:07

Trade press today:

RWE Renewables has located
cable protection system
damage at some of its
operational wind farms that is
similar to wire shielding issues
outlined by Orsted last week.
The Danish developer
is planning a £350m O&M
campaign to fix abraded
protection systems that have
left array lines at up to 10 of
its recently commissioned
assets at a higher risk of
failure.
The abrasion is due to
sea-floor currents dragging
exposed wire coverings
across rock scour protection
installed around foundations.
“So far we have only
identified a limited number of
locations in rather new assets
that may be affected,” said
an RWE spokesperson. “The
issue is not expected to have
a material impact.”
Damage to cable protection
systems is occurring more
frequently on projects
built in the past five years
as these lie in areas with
tougher metocean conditions,
according to multiple market
sources.
Iberdrola, Vattenfall and
Northland Power said they
are continuing to monitor
their assets but believe they
are not affected as they
have largely used different
configurations of scour and
cable protection to the 10
Orsted projects.

[diku] 05/5/2021 08:30

Those T2 T5 T10 will have to flushed out...

[soulcold] 05/5/2021 07:08

@buywell3 Post 951.
“ Turnover going up at the expense of increased profits in any company is imo high risk and to be done only short term eg to put a competitor out of business”

My understanding is that this was in fact the Tekmar strategy which was also adopted to secure Oil & Gas business. Unfortunately a lack of understanding of the actual project requirements and poor quality has exacerbated that risk ! Hopefully they will learn instead of lowering the market rate.

[buywell3] 04/5/2021 22:43

What has been proved thus far is that trying to protect sea floor cables around the coasts of Britain is a very difficult and complex process

A process which has not yet been perfected

But one which done properly so as to eliminate scour and the undersea rips that take place at certain depths and subsea geographical formations will be very much more expensive than has thus far been charged IMO

Turnover going up at the expense of increased profits in any company is imo high risk and to be done only short term eg to put a competitor out of business

buywell thinks prices for guaranteed engineered protection need to rise significantly or else major shareholders will start to get nervous imo

dyor

[currencytrader1] 04/5/2021 15:07

Low this year without a potential issue was 46p,so 43p a realistic target if you fancy a punt I'd say...

[diku] 04/5/2021 13:11

Better to wait till 40-43p?..

[currencytrader1] 04/5/2021 12:24

Lots of sell in 40 and 50k blocks, schroders selling again to de risk, or they know more??