Member Info for KaChing

I can't look, lol

A bit of positive news Dragon and the old SP might just rise enough to get me back to square one Come on Dragon ...... "we're going to do what they say can't be done" https://www.youtube.com/watch?v=z6P5okZRpL0

It's on the new, very easy to navigate website in the "news" section New websites news is like BoD news to me, boring ....... but I have to say this new website is very easy to navigate and it has plenty of info, impressed!

“The upgraded website reflects our desire to communicate effectively and clearly sets out information about our business, our renewable power solutions, our track record and live projects as well as offering a detailed section for investors. The Company will shortly launch a Spanish version of the site to better communicate with stakeholders in Chile and wider South America.” Charlotte Weston, Head of Corporate Communications, commented "the website forms the cornerstone of our communications strategy and provides a definitive source of information about the Company and its activities. We look forward to utilising it as key reporting tool as we continue to make progress to establish Rame Energy as an independent power producer."

Looks slick and news on the completion of the following has to be close http://www.rame-energy.com/power-projects/live-projects/on-grid-wind-power

Yep, then another revenue stream comes on line

Positive movement

He seems a bit too emotional for this game He says there are new facts, the main one that seems to have got him in a pickle is that a major shareholder can sell after 3 months of the company listing …… That isn’t a new fact, it was in the same Admin Doc he read before buying at 30p The Broker rating of 38p isn’t poor for a company with a current SP of 15p and expecting significant/material growth, the 38p figure can also be found in Stockopedia’s Earning Power Value metric, so it isn’t a one off figure. He says the update was misleading …… The company said they continued to trade in line with the expectations of the Directors at the time of admission to trading on AIM and that they know of no reason for the drop in SP They said that the F/Y results will be Materially ahead of the previous year, which is consistent with what they said on listing about the H/Y results (due in Feb) which should show significant growth from the previous year He says there is a “rumour” ……. the company says they know of no reason for the fall in SP The irony is that Doc plays a big part in what he says is wrong with the AIM, BB’s etc.

Doc has just done one of his "look at me" soundcloud rambles where he admits taking part in the IPO and yet he only realised certain things today after reading the Admin Document a bit better ....... you couldn't make it up! I said on the bb that it looked pricey when it listed after I looked through the admin doc and the accounts ...... it's not rocket science now it's 50% cheaper it looks decent value IMO

It got cheaper

The spread is as tight as I can recall, I don't know about larger amounts but for £1k's worth you can buy at 8.8p and sell at 8.55p It won't be long before the old (new) windmills are turning

8.9p

I bought a few MRS shares on Friday to see if there is a trade there based on the update that is supposed to be coming, so I wait patiently. Today ……. There were two sell trades on MRS this morning from people who bought them on Wednesday last week!! losing e few hundred quid in days. They would be much safer leaving their cash in the bank ….. but, maybe it’s us that are the crazy ones, lol

If that is the same person selling what they have only just bought …… well, that beggars belief! lol

The other thing to note is that if the Santander due diligence on the next 118 MW is successful they will buy their 80%/90% equity share from RAME, in other words there will be a significant amount of cash coming to Rame from Santander which would go towards funding their part of the 118 MW project. What happens when you add add the Santander funds (presuming DD is successful) to the funds coming from the 15 MW project? …….. I’d say, self funding! Worth remembering Rame do have other sources of income as well DYOR ……

It doesn’t look like the market really understands the significance of what it means to RAME once the 15 MW project comes online (any time now), when it comes online it goes a long way to making the next projects self financing!! There are a few scenarios that I can see being viable …… The 20% stake that they hold now should be throwing off enough Free Cash (when it comes online) to finance the costs of buying back Santander’s 80% When they buy back the 80% they will then see a significant upturn in Free Cash flow from the 15 MW project, 100% of the 15 MW project is forecast to be worth between $1.5m to $1.75m in free cash …… that Free Cash alone!! would equate to an EPS of about 1p!! From there I can see two possibilities …… I) They sell 49% of the project to a ii looking for a steady high yield and therefore receive a lump sum for financing the next project(s) ……. 2) They leverage the Free Cash to finance or part finance the next project(s) through short term bank funding. DYOR I’ve been wrong plenty of times before ……. but this is looking very cheap now, IMO Interview where the CEO states that the 15 MW project is expected to throw off $1.5m to $1.75m in Free Cash https://www.youtube.com/watch?v=rYR0FL74qJU

Thinking that my buy this morning was the cheapest, close though! Dan ...... I'll have a look over the weekend as it was on the to do list after I'd seen it mentioned this week (by you I think) and R4E looks a decent trade as well and VENN is still worth looking at ..... IMO

been the cheapest buy in price?

And once the bits and bobs are on site they don’t take very long to erect these turbines (days) and that’s why I think the next update will say that the 15 MW project is up and running (cue RNS just to say the landslide has been removed, lol)

It just looks like musical chairs, people moving into different roles etc. along with new people joining, I find it hard to get excited about this kind of news unless it is a sudden resignation of one of the top brass …… which this isn’t! I thought the Oct appointment was more “exciting” as the guy has good knowledge of banking and the city etc. as we know Rame will be looking at various ways of financing things like the buy back of Santander's 80% holding in the 15 MW project and then they will be trying to offload almost half of the project to ii’s who are looking for a steady high yield