Member Info for Shaxe

Something is going on, been a massive drop this month, seemingly for no reason. Would be good for something to come out of the company, but maybe not if that statement was 'we don't know either'

Hounddog has already alluded to his concerns about this being taken off the market, which could be an option, they may have listed it for an injection of cash with a view to take it back off, which means the lower the SP the better for them.

It certainly is under the radar for most people. Was hoping for a trading update this month so we know what is going on, otherwise we will have to wait to March for the year results. They are not the type of company to put out RNS's just for the sake of it, and without regular updates most people would shy away from it I am guessing.

Wasn't quite the RNS I was expecting but a good one none the less. Very important step for the industry as a whole (with ARL at the forefront hopefully), I know it seems stupid, but putting one in the sea and saying 'look it does actually work' goes a long way to convince others to adopt the technology. Nice one ARL.

Oh, hang on, was so caught up trying to tie dates and turbines in I failed to notice that the pic of the different turbine being loaded was a re-tweet by ARL, and not only is it a different turbine, it is a different ship it is going on (Olympic Ares is Blue, ship in this photo is red). that kinda answers my question about how much you believe twitter to date things! In that case the pic on the 21st could have been the third turbine in the water (if they worked quick) and the 24th back at Nigg was still to get the fourth.

Dissemination of Twitter feed: Pic on 4th November of turbine loaded, pic on 7th of turbine in the water. therefore a week from loading to turning on (based on power on RNS dated 15/11 and stating power on 'last week') Pic on 10th November of another turbine loaded (in and on by 17th?) Pic on 15th November of a different turbine (the odd one out in this install phase) being loaded Pic on 21st of a turbine in the water. this pic was of a different turbine to that one loaded on the 15th, if it takes 3 days from loading to turbine in the water, then the Olympic Ares wouldn't have had time to go back and get the fourth turbine so I think this was an old photo. Pic on 24th of Olumpic Ares back at Nigg, I suspect this was for the fourth turbine, which would mean all four should be in the water and generating as of last week? Based on the twitter feed we should be getting an RNS this week stating all turned on. However they were at an awards ceremony on Friday winning awards, so maybe too hung over to finish everything off?!! And how much do you believe twitter to base official announcements on?! As far as I can tell, we should get the completion RNS this month, just not sure when!

That was my thinking as well, but was just a bit surprised to see 4 10k buys within twenty mins of close, hence why I wondered if something was up. Then we went back to smaller trades (and sometimes no trades) so was all good! I have enough roller coaster shares, don't like having to act quickly with sudden jumps and dips, too lazy for that. This one is a bit of an early in for me, so I will see what the year end results are to judge where they sit compared to my initial expectations and therefore my holding strategy.

News must be due then, no other reason for him to turn up, although I do get confused between 7122 and 7123, got immensely bored on SXX with it all. Especially no reason on a divi share such as this, not like we watch every % and worry or jump for joy on each movement.

Apparently not. Back to normal!!

Oh dear, another drop in price, but at least the buys and sells are balancing out a bit, let's hope it bottoms out soon, although I might have to do a cheeky top up before the dividend cut off.

Nice volume of buys towards close today, can't remember the last time we had one 10k buy let alone 4 in quick succession. Something brewing?

Usual stuff, company says 'we're doing alright' and the market takes their money off to the next company with announcements due. Results look good to me, and with the anticipated new store openings down to 8 projected for fy17 (compared to 30 this year) that means that there should be more free cash flow (and the hopeful part of me says higher dividends). Obviously do like to see companies expanding, but consolidation is always good in my eyes.

Certainly wasn't what I wanted to read this morning! These things are all dragged out over such a long time, just hope they can settle everything without causing too much pain on the SP and dividend front! not nice viewing on the SP this morning though!

It certainly is good to know it works! Understand about assets sitting there unused just wasn't sure if they wanted everyone focused on one task rather than multiple stages. Certainly answers that one though, they are getting them running asap. Definitely well done to ARL, not just in this latest step, but also by providing detail in the RNS's whilst still being vague, I can see how sentences like 'first power delivery to be this year' rather than saying an actual month can frustrate some investors, but for me it manages expectation and avoids dips and rises in the sp as supposed deadlines approach and pass. Keep up the good work ARL

I did wonder if they were going to turn on as and when each turbine was ready or wait until they are all in place and do a focused stage turn on, I was expecting the latter and for it to be first week of December, but this was pleasant news today, and if it jumps 8% everytime we turn one on can't wait for the fourth switch on!! (disclaimer, it probably won't significantly rise on every turn on, but we can but hope!)

Completely agree regarding solar, but with the Indian targets I think there is plenty to go around, also with the fly by nights trying to make a quick buck there may be more money to be had clearing up their mess in the not too distant future. Reckon you are right about this being a Base year, and with experience hopefully they will correct their timings regarding the pipeline programme. You lost me slightly on the finance, I am more technical than financial, I look firstly on what the company has to offer, then whether they can achieve it, and then whether they can afford to achieve it. Not entirely sure it is the right way round but it is all I can do with my experience!!

Welcome back, They are chugging along quite nicely and have always maintained powering up will be this year. Reckon they will all be in place towards the end of the month, then switch on early December. Fingers crossed. And more fingers crossed for the CfD auction next year for a bit of easy money!

Kiwi, Completely agree, had professional dealings with them and could tell they weren't really sure what they were doing! Plus one of their solar farms having the planning permission rescinded after completion was a kick in the teeth as well! Enough of that, on to companies who seem to know what they are doing...!

Hounddog, I like that my name autocorrects to share, how apt! Good point regarding the monsoon season, although they are building quite a few solar farms as well, which will obviously not be performing as well during that period. Heavily skewed towards wind, and I do like the solar as a way of keeping the output up whilst the wind is in low season. I guess also we will see how our consolidation of debt into one easy monthly repayment, (wonder which one of the adverts they rang up to sort that!) will affect profit, got to be a saving there (or why bother doing it?!) I think $10m is a touch hopeful, but knowing how quick they are building it wouldn't surprise me if we had 25% extra capacity than planned by the end of the year, so it may be that high. Agree with the self financing part, which is why I am invested now, this isn't a 10% in a month profit share, this is a buy it now, stick it in a draw and leave it for 5 years, top up when you can. Although it will be interesting to see if they do what the companies are doing over here: building, running for a couple of years, sell to an investment trust to take quick profit to build the next one. in which case SP may rise sooner.

Guts or laziness??! at least with the markets reacting with nothing more than a shrug you can get back in without too much pain.