Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Nice to see the SP responding to the acquisition news. Still more in the tank with an effective doubling of F17 profits for a reasonable cost. Good write up on ADVFN APC bulletin board by GHF
Fred: I didn't get that either. They were originally owned by GLYN but changed their name in the late 80's to FBM. Glyn is still a large international distributer and list FBM as their UK office. I think maybe some journalistic licence has been used to beef up the image in the past. Hopefully APC will still be able to utilise that purchasing power going forward but either way on paper a good addition.
I believe that this is the name given to the section that assists customers with hard top find products for which they hold no franchise. This is exactly the same as the FBM acquisition but FBM appear to offer a much broader product line so should be a good fit.
A very synergistic bolt on. Should be massive economies of scale here and nice to see that 2018 is going to plan.
Think this is more based on my knowledge of AIM rather than Red but going for 18p. If already taken nearest available up or down
Malcolm: Not sure if I can make the AGM but hopefully will be able to get feedback from a good contact. Excepting an OEM IPO not sure if we can expect any SP rise before then without meaningful news but live in hopes like the rest of the longs. Don�t like the gap opening up between bid and offer. Looks to me as though the broker is aware of a distressed seller lurking but at the same time a few buyers around. Cake and eat it comes to mind!!
I think there could be an overlooked gem in APC which could propel it well beyond 10p overnight - https://openenergymarket.com I believe for the first time we see a valuation (�307K) on our 15% investment in OEM listed in the F16 Results because of an upturn in OEM's business. I am familiar with this company. Take a look at what they do and the image they portray and it appears a lot more professional than a company valued at �2m!!! They have a huge addressable market, very little competition and according to APC their business is growing. I guess it also helps that APC CEO sits on their board.
Yes agree 100%. Looks like they have taken the brakes off expectation at last so must be extremely confident of exceeding expectations this year. Plenty of experience on facilities management, an increased military spend and improving sterling should boost profits this year and beyond.
a sign of a significant announcement?
BTW no pun intended!
Not sure I agree with you CT. I know you are long suffering like me but the major growth seams to have come from the timing product recently and because of the precise timing requirements directive coming into force next year. This is a major market and I have felt for sometime that APC would do well to have more products for this market place. Only time will tell but for now a good opportunity in a burgeoning market. Also very positive words from Oregano's boss an the perceived capability of APC.
TWO late TWO buy TWOmorrow. Sorry couldn't resist that Fred
Having said that surely the Company would have stepped in to facilitate the sale in a professional and controlled manner?
Alchemy - Highly likely given the terse statement regarding his departure. Hell of a lot of shares to shift then .........
Bob: Take a look at this artists impression of the worlds largest combined battery storage and solar farm due to open in Australia this year. Do you really think that this projects like this will be held up by a planning application to stick a few more portacabins on site? http://www.furnacesblog.com/2017/06/22/the-worlds-biggest-solar-and-battery-storage-plant/
over the last year or so since the 'bad old days' and the new regime became fully operational implementing the managerial review, the financial position is much improved. Buying interest from a couple of large shareholders but little institutional interest which is what we need to make the SP get back where it was in the bad old days. The Company have posted their programme for generating future growth and now the infrastructure is sound it is quite believable. Wouldn't take much news to give a 10% boost to the SP IMHO
Probably what helped stabilise the ship today. MM's are far from stupid and would have realised this was going to happen today hence the price fall to allow them to stock up.
AL: What do you see as the future for the off-grid market? SMG: We believe the off-grid market presents a number of exciting opportunities for us, not only in Africa but also in the Middle East, Asia and Australasia. Given the strong financial case for operators to incorporate our energy storage machines into their off-grid set-ups, we believe that our units are perfectly suited to the off-grid market and particularly beneficial in remote locations. AL: How can readers invest? SMG: We are listed on London�s AIM market (AIM:RED), so people are able to invest by buying shares in redT energy plc.
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Pumps and membranes are utilised to separate or bring together differently charged vanadium solutions, charging or discharging electricity. redT products are perfect for storage renewable energy, as they don�t wear out. They earn money for their owners by providing grid services � such as energy trading, frequency response and generating additional revenue by selling electricity back to the local grid. The technology has been developed over the last 17 years and now offers some of the lowest levelised cost of storage units on the market. We believe that levelised cost of storage is the best indicator of the cost of a technology, as it takes into account maintenance and depreciation of the asset, along with other relevant factors. The industry standard of benchmarking pricing using a $/kWh capacity figure does not tell the whole story. We do not manufacture conventional batteries. Batteries (such as lead-acid and lithium) degrade over time and cannot be used heavily every day. Our energy storage machines are energy infrastructure with a 25+ year life � they are very different to the consumable, throwaway batteries that power our phones and laptops. AL: What are the units typically used for? SMG: Our machines are coupled with renewables, diesel generators, the grid � or a combination of all three. Alongside renewables, they remove the problem of intermittency � creating reliable, on-demand green energy. This can then compete with conventional coal and gas generation. Alongside diesel generators, the machines increase efficiency by allowing the generator to run at optimised loads, for a shorter period of time � rather like a hybrid car. By installing renewables alongside generators + storage, fuel costs can be reduced by up to 80% � or removed completely if the generator is no longer required. Machines can also couple directly with the grid � infront of, or behind the meter. This provides flexibility for the grid � alongside energy trading and arbitrage opportunities. redT�s units are designed for use in a wide range of applications, from commercial and industrial scale, up to multi-megawatt grid/utility scale. Our machines are designed for heavy, industrial-scale use � not domestic applications. Our energy storage machines have an asset life of 25+ years, and require minimal maintenance over this time. The system electrolyte never degrades, and should retain its value beyond the life of the asset. To date, we have over 2MWh of machines deployed globally � from an eco-hotel in Johannesburg, to Cornwall�s largest energy storage system. AL: What specific markets and regions are you focusing on? SMG: We�re targeting on-grid connected renewables � largely focusing on the UK, European and Australian markets. We�re utilising our machines to provide multiple �stacked� services. These increase s