Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Looks like MAR are building a new modular house factory! Can only mean growth - and lots of it... Job Reference: 01199927 Date Posted: 21 January 2015 Employer: Mar City Developments Ltd Location: Coseley Salary: Market Rate Sector: Construction; Engineering; I.T. & Communications; Manufacturing Operations; Trades & Services Job Type: Permanent Closing Date: 05 February 2015 Job Description <b>COMING SOON 'Building the Future in Coseley Tipton'</b> Mar Modular Limited is developing a new facility to build top quality modular houses within a controlled factory environment at Coseley. If you have the necessary skills or desire to become part of a team developing and building the next generation of family housing please submit CV to register your interest. Production Manager Human Resource Manager Quality Assurance Manager Process Engineer Procurement Professional Warehouse Manager Production team leaders Administration Clerks IT Manager Electricians Designer / CAD Technician M & E technicians Assembly Workers Fork truck operator Maintenance Staff Experience in the house building industry is useful but not essential since will be provided in house. Please send CV's to: thefactory@marcity.com Mar House, 11 Hockley Court, 2401 Stratford, Hockley Heath, Solihull B94 6NW. http://jobs.expressandstar.com/jobs/various-tradespersons-coseley/1199927/
First week in Feb last year. Adding a few ahead of then
500p by 2015/16 looks highly likely imo. Just build your position and hold for the next few years. (Of course, a major new contract / partnership or bid could blow this out of the water much earlier)
Only 4 million shares available. Market cap just £4m. Won't take much to move this up very fast! Total shares in issue 14,556,844 Shares not in public issue 10,625,740 (73%) Shares in public issue 3,931,104 (27%)
Good news for LPA... RNS RNS Number : 9202E Department For Transport 16 April 2014 Government confirms £2.7 billion deal to build new state-of-the-art trains Nearly 500 new carriages will be delivered to boost passenger services between London and Scotland The transformation of rail travel on the key intercity route between London and Scotland has taken a major step forward after Transport Secretary Patrick McLoughlin confirmed today (16 April 2014) that funding had been secured to build a new fleet of state-of-the-art trains. Under the new £2.7 billion contract, nearly 500 new carriages will be manufactured at Hitachi Rail Europe's purpose-built factory in Newton Aycliffe, County Durham, in a deal that will create hundreds of local jobs. The Class 800 trains will start running on the East Coast Main Line from 2018 as part of the government's £5.7 billion Intercity Express Programme (IEP). The new trains will provide significant benefits to passengers, with 19 per cent more seats on each train, reduced journey times between London, Leeds, Newcastle and Edinburgh by up to 15 minutes, and improved reliability. Transport Secretary Patrick McLoughlin said: "We are building a world class rail system and the Intercity Express Programme is a key part of that. "These new trains will transform rail travel between many of the great towns and cities of England and Scotland. This deal is further proof that our long-term economic plans are on track, creating jobs and breathing new life into the UK's train-building industry." The Intercity Express Programme will see a total of 866 carriages manufactured at Newton Aycliffe for use on the East Coast and Great Western Main Lines, creating 730 jobs locally. In addition to the 497 carriages confirmed today for the East Coast, a further 369 carriages will start to run on the Great Western from 2017. Funding for these carriages was agreed in 2012. The contract to deliver the carriages has been agreed with Agility Trains, a consortium of Hitachi Rail Europe and John Laing. As well as building the new manufacturing facility at Newton Aycliffe, Hitachi will construct maintenance depots at sites including Bristol and Doncaster, and is refurbishing and upgrading depots across the Great Western and East Coast Main Lines. Hitachi recently announced its plans to move its global rail headquarters to the UK, further underlining the confidence in the UK economy and rail market. Alistair Dormer, Hitachi Rail Global CEO of Hitachi Ltd, said: "This is an important milestone in the delivery of Class 800 series trains for the East Coast Main Line. Hitachi Rail has been working closely with the Department for Transport, train operators and passenger groups to design the new trains. We are delighted that the success of the programme to date has attracted interest by world-class financiers and we look forward to building these trains in our new man
Presentation in London tomorrow night. Might get an update RNS beforehand.
With IKA's ability to create radical new materials and their commercial focus ("Working with 20 multinational companies") I think IKA would make perfect acquisition for Google X labs... "Google X, stylized as Google[x] is a semi-secret facility run by Google dedicated to making major technological advancements. It is located about a half mile from Google's corporate headquarters, the Googleplex, in Mountain View, California. Work at the lab is overseen by Sergey Brin, one of Google's co-founders, and by scientist and entrepreneur Astro Teller. Teller says that they aim to improve technologies by a factor of 10, and to develop "science fiction-sounding solutions."
If a large company (A) makes a takeover for a smaller company (B) they would normally pay a premium of, say 30%. If a large company (A) makes a REVERSE takeover for a smaller company (B) then B instantly becomes as big as A + B. (Which can be multiples higher) In our case we are valued at £12m and we're told the combined valuation will be £50m. (4 x) We have to wait to see the details tomorrow though - it might not be that straightforward.
7digital has no shares (its a private company) that's why this is a REVERSE takeover. This is VERY good news for existing UBC holders and our shares should double or more easily. Highly likely UBC will be suspended from the opening tomorrow (and could remain so for some time) so I doubt you'll be able to trade them at all. (All assuming the story in The Telegraph is true)
£50m is 4 times the current valuation. Depends on the details though. Looks very good for us! (shares will probably suspended tomorrow)
7Digital close to takeover of UBC Media Reverse takeover will give 7Digital a market listing which could value the online music platform around £50m http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10471333/7Digital-close-to-takeover-of-UBC-Media.html
A lot of CCE trades go through the ISDX market (Old PLUS market) See here... http://www.isdx.com/forcompanies/ourcompanies/companydetail/Trade.aspx?securityid=17738
Not only have we got the AGM and big company update next week. But also the Interim results are due out late September (so only about two weeks to go). Wonder if the directors will be buying more, once out of the closed period?
Next Tuesday they will give us a full company update along with the AGM. They have never given such an update at the AGM before - so they must have good things to tell us. CEO & CFO bought large amounts after results 2 months back - we will soon find out why!
"CCE Market Cap is £8m @ 4p Net Cash £7m PPE (Property Plant and Equipment) £16m US biogas project pipeline of $150m+ (NPV ? $15-30m? i.e. £10-15m?) So bare minimum price should be £33m say or 4x current share price But then add in the fact CCE are majority shareholders of 'hidden asset' REDT which with its Vanadium Redox Energy Storage tech and SSE partnership could be valued similar to other AIM Energy Storage stocks like ITM / AFC / CWR ( £50-100m ) or (25-50p per share) !!! So we could be looking at CCE being worth 40p+ quite easily"
...Ahead of next week's company update.
Excellent new article on African power generation solutions with a big emphasis on CCE! Realising a renewable energy dream 23/07/2013 "McGregor told Power Engineering International: "I see great opportunities for communities using solar power to take a quantum leap from no generation into renewable energy." Case Study: Tanzania off-grid solar The Tanzanian government encourages private sector, renewable energy approaches to rural electrification which is leading to the development of a thriving market for solar photovoltaic technology. Tanzania's largest off-grid solar project was rolled out at Kigoma in 2012. It targeted public sector, business, and households in a rural area, and solar modules have been installed in 45 secondary schools, 130 health facilities, 25 village markets, and 90 fishing boats. The $5 million project was funded by Millenium Development Corporation and managed by Camco Clean Energy which worked with a Tanzanian solar contractor, Rex Investment. Another Tanzanain project managed by Camco Clean Energy is a Clusters Solar PV Project financed by the European Union. The objective is to install 1000 solar systems in rural Tanzanian homes, and at the same time train local people to run their own solar businesses. McGregor explains: "We have been working in Tanzania for seven years. A lot of the work we've been doing is setting up distribution channels, training importers, distributors and installers. We have set up a supply chain across Tanzania. It is very smart use of public money - some of the best use of non-profit funding I've seen." Full article here... http://www.powerengineeringint.com/articles/print/volume-21/issue-7/features/realising-a-renewable-energy-dream.html
Interesting to note that the REDT joint venture (which was highlighted in the recent CCE resuts) is already probably worth far more than the current value of CCE imo. "-- Renewable Energy Dynamics Holdings Ltd ("REDT"), a joint venture, flow battery business has successfully piloted its first vanadium redox demonstration system and is at the commercialisation phase. Energy storage is essential for the success of renewable energy and as a low cost long duration recyclable solution. REDT has great potential both for sale to third parties also and integrated in our new projects" From the REDT website... "The ENIFY range of vanadium redox flow batteries is the first to be manufactured in volume, using a patented design that is safe, reliable, environmentally friendly, and maintenance free. Features * Super-efficient proton exchange membrane can be charged and discharged 13,000 times before replacement. * Operates in ambient conditions without the need for high pressures or temperatures. * Maintenance-free operation with remote monitoring capability. * Electrolyte has indefinite life subject to balance monitoring and control, which can be done remotely. * No halides, heavy metals, or toxic chemicals used in the battery or the manufacturing process. * Retains charge indefinitely when in shutdown mode. * High charge/discharge ratio 1.1:1 * High round trip efficiency >80%. * Silent and emissions-free in operation. * Robust patented construction engineered for minimum internal losses and maximum turnaround efficiency. * Smart controller monitors [via IP addressable controller] a detailed set of parameters including cell voltages, pressure, temperature, flow rate and charge level. http://www.poweringnow.com/products
The important thing is that you got some CCE. I am hopeful of some serious gains here over the coming weeks and months. The recent directors buying speaks volumes! (ps hard to 'keep cool' in this weather)