RAME18 May 2015 18:07
Rame Energy PLC: A Winner In Disguise?
Rame Energy PLC LON:RAME is an international energy consultant, engineer and power project developer with a number of energy sources such as wind, diesel and solar. The company focus is on power projects and they specialise in providing energy directly to industrial consumers. Rame Energy is divided into two very different areas; one being the development of their own power generation portfolio, initially focusing on wind, solar, biomass and diesel, and the second being services covering engineering, procurement, construction and maintenance. They have a number of wind farm and diesel projects in various locations around the world . In June 2014, Rame Energy plc acquired Beco Ltd.
Beco is one of the UK’s longest established designers and installers of Photovoltaic (PV) solar energy systems. With over 30 years experience, they specialise in PV systems for domestic, commercial,marine & off-grid uses. They are established installers of wind turbines and manufacture our their own range of solar charge controllers and specialist batteries a natural fit then for Rame. Glancing over at the Beco twitter page and you would certainly get the impression the company is doing well.
For investors, Rame Energy’s share price is has been fluctuating in recent months between 8.3 and 9.3 GBX. Whilst this may not immediately wet the appetite of everyone, it does suggest that opportunities exist for short-term investors prepared to keep a close eye on their portfolio.
For those looking to invest in the long-term, Rame Energy PLC LON:RAME peaked at around the 19.7 GBX mark less than 12 months ago. With the lack of news holding back the buys and an update on Cerro Bayo Project expected soon, could the current low price represent an opportunity that others are missing?