Member Info for mjharris

Deal or no Deal Littlened. It makes no difference to many Shareholders who now have shares put away in a drawer never to be seen again. Might make a difference to the BOD who may be able to draw larger salaries. The only hope for those who were left holding shares is if there was a takeover or buyout by a listed company.

The Mine closure through much of the 4th Quarter has seen the production quantity totals for the year around the same levels as last year. Commodities prices are much better though, so full year earnings results should improve. With no information on the costs during the closure period (i.e. Wages / Maintenance / Safety improvements / Legal expenses etc!) its a toss of a coin to consider the impact on the Share Price. Although there is currently a steady rise happening I am worried that there may be a retrace when the full year results information is provided if it shows that the whole year has been a set back.

Looks like the last years results have been well impacted by the mine closure. Turnover pretty much the same as the previous year. Its another years wait for a push forward barring any more accidents or hold ups.

Pre-close trading update must be due shortly. Lets hope some progress is shown!

Is todays decline due to the latest correction in the Markets or due to the impending dividend payment of 3.2p?

Consensus seems to be positive after meeting report. More buys than sells. Next quarter figures will need to be positive to maintain momentum.

The Chairmans word for last years company performance was"Spectacular. That is the only word that can adequately describe what has been achieved by the management and staff of the Company in 2023, What is the word going to be for 2024 performance? I would suggest "Stratospheric"

Looks to me like they have sold the family jewels.

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Not sure what is happening with the Share Price. After the good news regarding the continuing increase in customers and the better dividend payout, I would have expected TEP to continue on an upward trend. Is the volatility down the the offloading of the 84 millions worth of stock or do the markets see something that I cannot? If the drop continues I will be looking to add.

For those interested in the Saline issue in the Wells there is a previous study carried out by the Oil & Gas authority covering the Southern North Sea Fields. The issue is a fairly common occurance in SNS fields and there is also recommendations on treatments that can be carried out. The link is to a PDF file

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwj_0Kn2tKr6AhUHZsAKHQgHCI4QFnoECAoQAQ&url=https%3A%2F%2Fwww.nstauthority.co.uk%2Fmedia%2F4747%2Fsns-salting-study-april-2018.pdf&usg=AOvVaw0veRT55R9Cbk8wAwdLmznQ

If the NSG is back in Nigg then the expected planned scope of work must have been completed. Based on that I would hope for a positive RNS to be given this week from the Company. Your buy could well be at the perfect time!!!

Work dates given as 16th - 21st including sailing time to location seems short for the installation of the 2 Turbines. It would be a real positive if it was to happen, but I am not so optimistic!

North Sea Giant Support Vessel now showing at Nigg location. Is it collecting No.3 Turbine for Offshore installation?

No dividend withholding tax deducted 15% applied in Luxembourg

I was reading through the past RNS releases to try and find if OPG have investigated using an alternative fuel other than Coal for Power Generation but could not find any information. With the increased price of Coal which is liable to be prevalent for quite a considerable time due to the Ukraine/Russia conflict, I would have thought that it might be beneficial to look at using an alternative fuel. Something similar to what SAE were trying to implement at the Uskmouth Power Station in Wales. There seems to be several different companies that are wanting to try the use of Fuel Pellets made from redundant and recycled materials. Perhaps it could be tried on the Turbine that is out of action for maintenance and repairs when it was brought back into service.

Has anyone seen or heard of any progress regarding the Subcoal Fuel Pellet Joint Venture Company NPA of which SAE is a 50/50 partner. The last information I have seen provided by SAE was:- "As per the operational update on 9 December 2020, NPA is now driving forward planning, permitting and consenting for multiple fuel production plants ("FPPs") in the UK". Is anyone aware of what state these planning, permitting and consenting applications for production plants are?

You are not alone! I think there are plenty of LTH of Epwin out there Johnpwh. Its just a rock steady share that is slowly increasing in value. Company looks to be well run and they are well placed in a market that can only improve with property being upgraded constantly. I fully agree with you. Good long term holding.

BogdanT. Is it known if SAE had any loans with Wyelands Bank. If so, is it known if they are they in default?

Winnings 1, Rylander. Its the CMA who investigate and they are also the ones that make to decision regards culpability. When it goes to the Appeal Tribunal that is made up of legal representatives i.e. Law Judges and Business experts. If what APH are saying is the truth I would find it very unusual for them to be found to be in the wrong.