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.
news this month should see this back to where it was previously
Pays to read all RNS's ;). Still some left sub 2p. Wonder how many more will be able to snap them up before the BOom today
See it booming today :)
Mms caught napping. Love it when they let us in cheap. 3p today....wonder if we get an RNs
nav is 4 times that
RURELEC RNS out. Great news. This should bag today. Well done all.
To the best of my knowledge and understanding, IPSA are owed £3m (GBP) buy RUR, but also owe an Italian company 3m EURO, thus they would be pocketing the difference. Anybody else have any other thoughts or contributions? Interesting that the spread on LSE is showing as 32%, sign of something happening?
Not looked in here for a while... the key questions to research/ask are 1) how much debt is there to repay or is this all going to add to the cash balance and 2) what business is left/is a RTO or other corporate activity on the cards following receipt of funds. Still this looks like a 100% gainer today or in the short term especially on receipt of funds so probably will get back in today gla
Yes, things starting to move finally. When do you think the payment will be made and IPSA announcing?
this
Rurelec will now be making the previously announced payment to IPSA Group PLC from the proceeds of US $6.5 million
rurelec monies should see an rns soon. http://www.investegate.co.uk/rurelec-plc--rur-/rns/trading-update-on-peru--chile-and-argentina/201503020700121713G/
... news of the RUR payment and confirmation of the contract extensions in south Africa to shift this. lets hope it comes soon! GLA
jeddicat yes buyers 1.55p confirmed
yep had another 300k dump at 1.45 a few days ago.... simple supply and demand.... news soon would be good to put this price to bed
I've just bought a 10k top-up @ 1.55p. It has come up as a 'Sell'! Info for those not on live pricing! Regards
don't for sure but 120k is not a "trading size"....strongly suspect!
Wonder if we might see some buyers
I think these large trades are from big day traders, taking little profits from in & out trades! The mm's are largely ignoring them. And for that reason, i think those 250k trades ARE from the same traders. Regards
How do you know the seller is the same that purchased yesterday? surely not just by the volume? Could it be coincidental that another seller has just sold the same volume?
yep unreal .... however the balance sheet looks ok...... 7 mill gbp nav vs market cap of 1.7 mill they do have debt but thats what the funds should cover and they have deferred salary payment - the BoD are hardly going to call that in or they'd be out of jobs.... dont care about day trippers if the news comes in on the RUR payment then this will bag at least....
120k sale bought yesterday @2.07 and sold already.Are these people real.
and should be here within days RNS Number : 7424D Rurelec PLC 02 February 2015 2 February 2015 AIM: RUR Rurelec PLC ("Rurelec" or "the Company") Further re: Short Term Loan Facility Further to the announcement of 24 December 2014, the board of Rurelec has agreed with Radix Investment UK Limited to extend the drawdown down date on balance of the Radix Facility, which will now occur during February. This will allow time to satisfy certain matters in relation to the documentation of the loan. IPSA expects New Year cash boost By Jamie Ashcroft December 29 2014, 7:56am The cash payment is anticipated in early 2015.The cash payment is anticipated in early 2015. IPSA (LON:IPSA), the independent power firm, told investors that it expects to receive a deferred payment for gas turbines sold to Rurelec earlier this year. The cash payment is anticipated in early 2015. It comes after Rurelec agreed a short term £3mln loan which allows partnering negotiations to be finalised. In June 2013, it was agreed that Rurelec would acquire the turbines in a deal worth up to a total of £16.1mln – with an initial consideration of £11.9mln.
Plenty 2 like stock very tight now as overhang is clearly gone,very hard buying now
A small buy thus far today, but a buy nonetheless! moving up slowly but surely!