Member Info for sexykiwi59

Boommmm

MM's been playing with this all morning to try and get shares. Brakes now off

The Group requires additional funding in the last quarter of 2013 to continue to meet its liabilities as they fall due and is in discussions with a number of parties regarding funding.

You missed out the full bit in brackets (10c being an 82% premium to the closing price of 28 February 2013) yes 82%!!

Current market cap £30m v contract win £100m!!

Only a short fall to nothing. More upside than down. Time to top up??

Threshold(s) that is/are crossed or reached 3%. Not currently listed on their significant shareholder information. http://www.investegate.co.uk/Article.aspx?id=201009271020023372T http://www.worldspreads.com/en/home.aspx

I have it on good authority that EAM are looking at two companies that may or may not lead to an offer being made. Promising stuff.

Trucky ... Neither appears to be listed but the relationship between all three appears to go back a fair way. Not sure what will happen here. You could try calling each of them. Pulse 24 0203 037 2420 EAM 01506 425660 Corona 0870 225 3666 and see what response you get. Interesting trades today.

Pulse 24 provides a range of energy services aimed at helping organisations ... works are done in associated with our Meter Asset Manager - Energy Assets. ... www.pulse-24.co.uk/index.php?page=our-services-2 - 9k - Cached - Similar pages

Taken from Corona Energy's AMR section Tower of London We have installed an Automated Meter Reading system via Corona Energy. Linked with the upgrades we've had carried out on our building management system, we are hoping to see improvements in energy consumption somewhere between 25 and 28 percent. Taken from EAM RNS dated 07/12/07 Projects of Public Interest * Tower of London * Windsor Castle * O2 Arena (Millennium Dome) * Liverpool Arena and Convention centre All of the above are major tourist attractions and have one thing in common, namely EAL meters and data collection solutions have recently been fitted at each of these sites. Not ramping but rather spotting the possible clues and connections.

Energy Asset Management’s shares plunged 0.57p to 0.30p after the company revealed that a financial backer was unable to fund its gas meter installation programme because of problems with its owner. However, the group has secured the funding it needs from Pulse 24, a subsidiary of Macquarie, which is in talks to buy the company. Discussions have been going on for a few weeks and both parties hope to finalise a deal before Christmas.

Energy Assets may be sold Posted on Thursday, 04 Dec 2008 13:52 Energy Asset Management is in advanced talks over the possible sale of Energy Assets, a wholly-owned UK subsidiary, to Macquarie Bank. Either all of the Manchester-based meter asset management division or its business and assets may be bought by the institution. Macquarie is to look into the proposed deal, evaluate it and consider the negotiation of terms. London-based Energy Asset Management said: “Any potential disposal of Energy Assets Limited will be subject to various conditions and may or may not happen.” It ran into difficulties when its current financial provider, which had an agreement to back the group’s metre installations, started having problems with its own parent companies. The knock-on effect means the “funds to continue to support the metre business” have dried up. Energy Asset Management said it has been installing meters at a rate “in excess of 450 to 500 per month”. Following discussions with Pulse 24, a subsidiary of Macquarie Bank, an agreement was reached for the sale of the meter assets for GBP 217,000 in cash –to meet short term funding requirements. Energy Assets had revenue of GBP 662,843 in the financial year ended 31st December 2007, compared with GBP 20,768 in FY 2006. It has not recorded a profit in the three years since its incorporation. Net loss widened 0.7 per cent

Macquarie Bank to acquire UK gas supply operation 01 August 2006 Macquarie Bank today announced it has agreed to acquire the UK gas supply company Corona Energy (Corona), a physical supplier of energy to industrial and commercial customers in the United Kingdom. Based in London, Corona is the UK’s largest independent non-domestic supplier of gas, with 8,000 commercial customers, serviced across 40,000 sites. It delivers 5% of the UK’s gas supplied to the Small and Medium-sized Enterprise and Industrial and Commercial sectors. The transaction presents a unique opportunity for both companies to derive considerable benefits from the other’s existing gas market expertise and infrastructure. According to Simon Grenfell, Head of Macquarie’s Commodity Markets Division, “The acquisition of Corona is a significant strategic step for Macquarie's European energy markets business and will expand our capability and presence in the UK gas market. It adds a strong client platform and years of valuable experience in physical supply to our existing energy markets activities. “Macquarie and Corona have complimentary operations and skill sets and we expect there will be strong mutual benefits from the relationship,” Mr Grenfell said. Under Macquarie ownership, Corona will be able to expand both the scale and range of products and services that it offers its customers, by having access to additional resources

Pulse 24 Ltd is a Corona Energy Business Unit established to provide a wide range of Energy Services to Customers. The business will initially focus on the provision of AMR services but is developing energy efficiency and other advisory services to support customer's needs. Corona Energy is the leading commercial energy supplier to British based businesses. Corona Energy’s Automated Meter Reading (AMR) service provides a quick and cost effective way to upgrade your existing metering data with accurate energy management information. EAL has signed further long term contracts with established energy suppliers for the provision of new and exchange metering services, data collection and management services. Such contracts have high future potential in light of the possibility that some of these suppliers are considering major AMR projects that may require substantial numbers of meter exchanges.

Strange things going on. Last RNS was clear stating company profitable by last quarter. On the 28th Nov someone bought nearly 5 million shares without the slightest movement in the share price. http://www.pulse-24.co.uk/ is a company working in energy management and with the badly worded RNS it does look like some kind of takeover which should imho be a positive for the share price. Throw in the situaation with WLW and who knows what is really going on. The company have not been the greatest at keeping investors informed.