Wasabi Energy Share Discussion Threads

[rougepierre] 13/7/2011 12:36

I've just returned from australia, where I read the entire press reporting of the carbon tax...this has enormous implications for some companies...the Aus government has admitted that 500 companies will be affected including generators and....cement companies... also positive implications for CAO and CFU...

Look at this quote from Cement Australia on 10 July 2011....this is going to be massive with the Chinese interested and WAS dual listed in Oz:

"Beyond 2013 the assistance to the cement industry will reduce, ultimately increasing the expected cost to Cement Australia from $5.7 million to $63.9 million.
Chris Leon, Cement Australia CEO and Managing Director highlighted a range of concerns regarding the Carbon Tax package and the expected impacts on the cement industry in Australia.
"Despite the initial assistance we receive as an emissions intensive, trade exposed industry, the Carbon Tax adds a significant additional impost on our business as we struggle to compete with imports under a high Australian dollar," he said.
Mr Leon also raised a number of concerns regarding the uncertainty in the price of carbon beyond 2015 when the Carbon Tax converts to an Emissions Trading Scheme (ETS).
"We are very concerned about the uncertainty in the price of carbon post-2015, which is exacerbated by our experience with the Renewable Energy Target (RET) where the assistance from the government unfortunately fell well short of what was promised," he said."

[wanttowin] 12/7/2011 13:13

YIPPEE Thought I had missed the boat sailing, but just got in at 2.55..In my ISA to !

[moormoney] 08/7/2011 15:00

Price steady but interest is rising esp on plus. I'm adding while its quiet too defo an isa dog!!

[10] 07/7/2011 17:02

PLEASE JUST GO AWAY EVERYONE...

This is a complete dog..
oh yeah.. and I'm still filling my ISA boots sub 3p

;0)

[wellsi] 07/7/2011 13:03

A very upbeat update, and the market appears to like it.
I hope it does not fade away like in Feb

[countesspoo] 07/7/2011 11:45

Not considered for isa moormoney, just the fantastic postential. Will take a look at atuk.

Think Germany will have some of this, that's for sure.

[moormoney] 07/7/2011 11:37

Have you bought for your isa? it is eligible as dual listed. o/t atuk is another gem should grow like topsy imo.

[countesspoo] 07/7/2011 11:33

Moormoney, can see that, and can see why.

Just don't know how i missed this one.

[moormoney] 07/7/2011 11:30

shhh! we are still topping up. lol

[jwoolley] 07/7/2011 09:00

I think today's annoucment is very upbeat and basically saying that there isn't any nasty suprises coming in the results, and nothing more than loads of good news coming....had another top up this morning....think you are likely to see you 5p sooner than you think phil2003....

Not a ramp as I'm a long term holder....well at least for another 2 years anyway (if they haven't been bought out by then)....good luck to all other long termers....!!

[phil2003] 04/7/2011 08:54

* nuclear power being wound down globally.
* UK government issued new tax incentives for geo power installations
* Wasabi own the global licence on the kalina process
* 3 wasabi JV power plants being ramped up for production right now (for 2012)
* succesfull trial with biggest player in cement industry + 3 others just agreed.

This is one to invest in (this year sub 5p) for the sake of your kids wealth imho

[phil2003] 03/7/2011 18:56

* nuclear power being wound down globally.
* UK government issued new tax incentives for geo power installations
* Wasabi own the global licence on the kalina process
* 3 wasabi JV power plants being ramped up for production right now (for 2012)
* succesfull trial with biggest player in cement industry + 3 others just agreed.

This is one to invest in (this year sub 5p) for the sake of your kids wealth imho

[bradley13] 01/7/2011 14:27

Hope they keep going, in a moment of madness I paid just over 3p.
Long term looks good.

[moormoney] 01/7/2011 12:24

don't know but not complaining!! undiscovered gem imo.

[mistermcr] 01/7/2011 12:16

Up 13% by 12pm, thats my kinda momentum. Whats happening?

[wanttowin] 01/7/2011 09:05

Thanks Freddie 01, Looks like they might of heard me, the share seems to be gaining some momentum !

[freddie01] 26/6/2011 20:14

Loads of shares in issue and it's all expectation at the moment which will be partly to blame but i'm sure there are posters who are far more knowledgeable than myself that could comment.

[wanttowin] 26/6/2011 09:56

Anyone any ideas why with such a constant flow of good news this company share price is still languishing around 2p ???