We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
what suits them. such as "The Conservatives seize on a WWF Scotland analysis showing wind farms generated the equivalent of 98 per cent of Scotland's electricity needs last year as it emerges power companies were paid more than £53 million to switch off their turbines in 2014" . . . . . . . . . . but in the same article . . . . . . . . . . . "With 2015 being a critical year for addressing climate change internationally, it's vital that Scotland continues to press ahead with plans to harness even greater amounts of clean energy.” "Rob Gibson, a senior SNP MSP, said: “These are very welcome figures which demonstrate that the Scottish Government's commitment to and investment in renewables are paying dividends.” "A ScottishPower Renewables spokesman said: “We don’t ever want to be constrained, but we are told occasionally that we need to reduce output, so the wider grid system isn’t adversely affected." MPOV. Instead of constraining have we no-one with a brain that could arrange for the excess electricity to be made available for England. And when better storage is made available relative parts the North of England could join Scotland in their great endeavors. In the meantime RBS going from strength to strength, be able to switch back shortly, in profit
Twaddle and rubbish. They simply cannot be compared. Why would Infinis go up until they have clarified earnings, impact on the dividend, capex etc etc etc.
be waiting a long time for 390 ....
over 70% of its loss showing on July 27 following RO closure plus the loss of the LEC.. Whereas mm's having hauled down Infi's SP unfairly continue to ignore the news and hold back Infi SP.
Dear lord this is difficult! Do you really invest in shares...honestly??! The difference in performance is due to two things: Firstly as they have announced, Drax is undertaking a strategic review; stockmarket for "they might be putting themselves up for sale" and so they have bounced strongly. Secondly, Infinis has not announced a strategic review therefore they have the ongoing minority discount applied to them the more so given Terra overhang. That will weigh until resolved. It's really not that complicated honestly. Nothing at all to do with market makers, on whom you seem to blame all your ills.
Parkside13 is certainly not listening or reading. Drax also had the same problem with RO, yet has rebounded 28% from their low point of being 253 on July 27. Presumable that their will be a replacement for it and heavily supported in Parliament Whereas with presumably the identical RO problem and same parliamentary prospects but in contrast to recent news items, INFI has been held back by the mm's to only 2% increase from their low point on July 27. Looks like downright fiddling unless the mm's can come up with an acceptable reason.
He's not listening, I have been stung with this myself, but I will wait now and see what happens,might even buy some more.
I keep saying the decline of Infinis has nothing at all to do with the market makers and everything to do with the early RO closure plus the loss of the LEC. It is now reasonable value at long last.
I have received the following response from LSE in regard to my inquiry on MM Manipulation of the share price: would be intereseted in what others have to say on this generic response.. Please note that London Stock Exchange (“the Exchange”) does not disseminate whether a trade is buyer or seller initiated on our market data feed. I am assuming that the website or vendor screen you are viewing may be adding a buy or sell marker on to the trade reports depending on the price of each trade e.g. if the trade price is above the mid price at the time of the trade then they are marked buy and if the trade price is below the mid price at the time of the trade then they are marked sell, such vendors/websites may state how it is determining the buy or sell marker but I reiterate this information does not emanate from the Exchange. I hope the information provided explains the rationale behind the trading data you are viewing via your data provider.
...this Thursday the 13th.
Long-term portfolio stability: – all plants grandfathered under the RO regime – site leases and gas agreements secured over the long-term Predictable energy yield: highly predictable base load LFG complements intermittent wind Operational excellence: most power plant maintenance activities are provided in-house through highly trained technicians Cash flow generative: once commissioned and operational, the power plants have predictable operations and maintenance (O&M) spend and benefit from indexed revenue support schemes
Against this background, I believe that the delivery record of the Infinis team is impressive. Our key measure of profit, EBITDA before operational exceptional items1, at £142.8 million, demonstrates the resilience of our business model. We have made good progress on our growth plans with the A’Chruach wind farm construction now well underway and the Galawhistle project expected to achieve financial close shortly. We now have around 109 MW of new wind capacity in construction and pre-construction and we are exploring and developing a number of different options for the remaining commitment to build 130 to 150 MW made at the time of the IPO. We have also delivered on the dividend commitment we made back in November 2013. We are pleased to declare a final dividend of 12.2 pence per share which brings the total dividend for the full financial year to 18.3 pence per share. The Board and management team have met regularly during the year and we have taken the opportunity to hold our meetings at various Infinis locations. The highlight was meeting at the Centre of Excellence in Lancaster where our expert engineers overhaul our LFG engine fleet. The Board and management team, as I wrote last year, is a good mix of experience of industry and backgrounds. This, I believe, is serving shareholders’ interests well. Sadly, Sam Calder, our Company Secretary passed away in December last year and her valuable input to Infinis and the Board will be greatly missed. I believe that this track record of delivering in a challenging environment demonstrates both the resilience of the Infinis business model and the commitment of the whole Infinis team, two features that will serve shareholders well in the years ahead. Ian Marchant Chairman Infinis Energy plc
Strategic disposal of non-core Hydro business for a cash consideration of £20.5 million for future reinvestment in the onshore wind pipeline
There are those that only make excuses for the mm's actions regarding the SP. Especially so when the mm's seem to completely ignore favourable events to pull down a SP or, as you say, just hold the SP back tread water. while they're off to manipulate another or other shares I suppose. I see. What I don't see is that in this climate where the mm's control all for their own purposes, IMO, that RBS will not proceed upwards for a little while quite a little bit faster than Infi, (no disrespect to Infinis). (Many a good thing has come about by obsession). Strong buy Infi should be if not for the mm's..
Fats I do think you are obsessed! The shares are treading water until we get more news on the dividend, cost cutting etc. I've been buying steadily as at this level, for the first time since it IPO'd, the shares represent good value. Certainly better than RBS I think! I suspect HMG has started to bail recognising that if things downturn then RBS is still in poor shape to weather it. Still got far too big a balance sheet and too much leverage.
Lazard purchasing, Terra Firma buying more than selling and more buys than sells overall yet the mm's keep pulling the price down. One more for the record.
Sold a chunk of my remaining Infi shares and bought RBS on a hunch. just as well I did as mm's still manipulating Infi SP down even with Terra Firma buying more than selling. Will have losses back when RBS gets to 390. That can't be long. Shame about Infi as it has strong credentials, far better then RBS, but the fiidling!!!! Can't be long before the FCA has to act to clean up the market.
We have also delivered on the dividend commitment we made back in November 2013. We are pleased to declare a final dividend of 12.2 pence per share which brings the total dividend for the full financial year to 18.3 pence per share.
Yes real person not auto feed. Ok got the figures out .... Revenue1 Income from export of electricity and associated benefits £236.0m £238.4m (1.0%) EBITDA before operating exceptional items2 Earnings before interest, tax, depreciation, amortisation, impairment, and before operating exceptional items £142.8m £148.4m (3.8%) Adjusted average selling price (ASP) NFFO and ROC revenue recognised in the period divided by exported power: LFG Wind £91.41 £87.62 £84.91 £89.88 7.6% (2.5%) Operating profit1 A GAAP measure of profitability £66.5m £30.2m 120.2% Adjusted net income1 Net income after adjusting for amortisation and impairment of intangible fixed assets, total exceptional items and tax thereon £36.3m £39.6m (8.3%)
Peebleshaire News. . .MORE wind turbines will soon be visible on the Upper Tweeddale horizon after the Scottish government ignored local opposition and backed a wind farm extension. Ministers upheld the appeal by the developers against Scottish Borders Council’s decision to refuse planning permission to add six turbines to the existing 11 structures at Glenkerie, near Broughton and Tweedsmuir.
Very good and interesting post. Gets my sensible post of the month award.
Interesting takes on the mm's ... I do have a certain sympathy with that view, but can't quite see it. Infinis is a fairly leveraged company that had an excessive valuation. It does have good cash flow and is growing in production. The long term is pretty rosy, but the great overhang is Terra Firma and I suspect that more than most things is keeping the SP depressed - eventually it will sort itself and the SP will recover back to the 200 ish mark over time (as biogass reduces and more wind comes in). Renewables need a long term stable political strategy to invest. Boy George just pulled the rug, but as renewables are a key future plank I expect a replacement (possibly in line with wider european moves) in the autumn. Sitting on a fair loss, but that loss is only realised if I sell. The company has a high dividend and even if that got rebased down to the 5% (ish) that is muted) would still be among the higher divi payers. Infinis is not going bust any time soon so its about waiting for the pieces to re-align in the alternative energy market: remember... its a long term market and if boy george wants to push green creds in his PM bid he needs facts and figures .. these take several years to produce... so why would he not have a new pet policy in mind Interesting that Drax has recovered by over 20% since its 'correction'. I see that as a more risky company
RBS sell off at big loss for what? Maybe G needs money as he didn't consider Obama making such a big play out of renewables. Or Maybe I was correct in thinking he had a plan of his own all along to support renewables, as he didn't like to continue Labour's plans. (What USA wants we usually get to follow within three weeks or so), as far as I know.
Gideon (douchebag) Osberk will completely ignore it obviously. He is in thrall to fossil fuels with his little smug head so far up the arses of BP, Shell and Exxon that when he does come up for air his eyes are so smeared he cant see the light.
to boost renewables. ( I wonder what George will do now in response to Obama's lead). Relevant quotes from http://www.bbc.co.uk/news/science-environment-33731391 . . . . . . . . "It's likely that new supports for renewable energy will also be announced." "The EPA have let it be known, and we all don't know what this is yet, but when they put the final Clean Power Plan out, they are also going to include more incentives for renewable energy," said Bob Perciasepe, a former deputy administrator at the EPA and now president of the Centre for Energy and Climate Solutions, a Washington think tank. "It could make things go faster with incentives, particularly with incentives for renewables instead of just switching from coal to gas."