Member Info for Stockraiser

http://www.thecourier.co.uk/News/Dundee/article/17525/seaenergy-chief-delivers-stark-message-to-dundee-act-now-or-lose-renewables-like-you-lost-the-oil-industry.html Mr Remp wants to open a factory in Dundee that would employ several hundred people and make 20 to 30 turbine jackets each year. ''There will be something like 9,000 turbines in British waters and 60% of them will be in deep sea. I'm not saying we will capture all of that from Scotland but we want to get at least a few thousand,'' he said. ''We've been looking at this for many months (creating a factory in Dundee) but we are getting to the point where we need to make decisions and get going.'' Mr Remp said Dundee remains his preferred location but lack of movement is forcing him to consider manufacturing elsewhere. ''We're already looking at the north east but Dundee remains my preference,'' he said. ''What I would really like to see if a partnership between government and business. ''We would employ a few hundred people but what would happen is it would draw other businesses around it.

Sounds like someone is having a laugh !!

Sounds extremely dodgy to me. God knows how they got hold of your telephone number etc.

Which method did they use to approach you?

But if not, take this advice from SeaEnergys website (Homepage at bottom). The Company has been advised that certain broking firms have been promoting and selling shares in the Company in an unsolicited manner. Shareholders are strongly advised to ensure that they only conduct transactions with firms who are authorised to conduct investment business by the Financial Services Authority. Information on whether any particular firm is so authorised can be obtained from http://www.fsa.gov.uk/register/home.do. http://www.seaenergy-plc.com/

Appreciate your thoughts. However, I feel at the current sp the reward outweighs the risk, although I do have cash set aside to top up if it does go down for some reason (not something I usually do, but SEA having plenty cash, no debt etc). Also the rise in LOGP has not been reflected in the sp (yet), etc etc.

http://www.bbc.co.uk/news/business-14963575 Siemens to quit nuclear industry "He (CEO Peter Loescher) also gave his backing to the German government's planned switch to renewable energy sources, calling it a "project of the century Do offshore windfarms come under 'Renewable Energy Sources'....lol

“I am approached by other cities in the UK. Dundee is my preference but not for much longer. If the industry doesn’t get the support, we will have to go to where we do. If we do this quickly, we will capture the moment; if we don’t, the manufacturing opportunities will go elsewhere. It’s not complicated.” What does he mean by “I am 'approached' by other cities in the UK". Sounds like other areas want his business! But, what business? "the manufacturing opportunities will go elsewhere". Jackets comes to mind, and I don't mean the potato ones ;-) Lot of zeal in Rempy’s statements, and certainly does not sound like a man about to retire. Interesting times ahead.

http://www.heraldscotland.com/business/corporate-sme/back-dundee-or-you-ll-blow-it-offshore-wind-pioneer-tells-politicians-1.1124365 Back Dundee or you’ll blow it, offshore wind pioneer tells politicians SCOTLAND URGED TO GRASP THE MOMENT BY COLIN DONALD, BUSINESS EDITOR 18 Sep 2011 A leading light of the Aberdeen oil services industry, now a pioneer in offshore wind, has urged the Scottish Government to nominate Dundee as Scotland’s “shop window to the world” in the nascent maritime renewables sector, or risk losing out to rival ports in England Steve Remp, whose company SeaEnergy earlier this year made a £30 million profit from the sale of its offshore division, warned Scotland risked being overtaken by other areas in the UK and Europe if it did not take decisive steps to strengthen east coast Scotland’s appeal to international investors in offshore wind...................................

DJ SeaEnergy PLC Completion of Disposal TIDMSEA RNS Number : 3375J SeaEnergy PLC 29 June 2011 29 June 2011 SeaEnergy PLC ("SeaEnergy" or the "Company") Completion of the disposal of SeaEnergy Renewables Limited SeaEnergy PLC is pleased to announce that it has today completed the disposal of its entire interest in SeaEnergy Renewables Limited ("SERL") to Repsol Nuevas Energias S.A. ("Repsol") (the "Disposal"). The Disposal was originally announced on June 6(th) and received the approval of the Company's shareholders in General Meeting on June 22(nd) . The Company has disposed of its 80.13% interest in SERL and has now received both the cash consideration and, following completion, the repayment of debt owed to the Company by SERL. After a pre-completion adjustment of GBP0.2 million the cash consideration and repayment of debt totalled GBP38.6 million, from which a GBP3 million retention has been withheld and which will be released to the Company on 28 June 2012 in the absence of any warranty or other contractual claims. As disclosed in the Circular calling the General Meeting the Company has immediately repaid loans due to LC Capital Master Fund, Ltd and EDPR UK Limited totalling GBP6.9m. Repsol and EDP Renovaveis ("EDPR") have agreed to further develop two of the projects in which SERL has an interest. The Disposal included a Strategic Co-operation Agreement between EDPR and SeaEnergy to seek opportunities for mutual collaboration in relation to the supply by SeaEnergy Marine of operations and maintenance vessels, field infrastructure and equipment installation vessels for offshore wind farms, and any other areas that may arise in the future. This agreement has also been concluded today. SeaEnergy will now focus on its existing assets, in particular its offshore renewables marine services business SeaEnergy Marine, and to ensure that shareholder value is protected with its existing Oil & Gas interests. The Board expects the Company to continue to be active in both the offshore renewables and oil & gas sectors going forward. -Ends- For further information contact:

Sage, extract below from RNS - Looks like the new guy is not in place until 1st August, and then they will work in tandem for that month. - Must admit it's not like you to miss something like that. Hope you're keeping well - SR "International Ferro Metals today announces the appointment of Christiaan Jordaan as Chief Executive Officer, effective from 1(st) August 2011. He succeeds David Kovarsky who has led the company since 2008. " "Mr Kovarsky has agreed to relinquish his role as CEO from 1(st) August. Mr Kovarsky will remain with the Company for the month of August to ensure a smooth transition"

Updated 21 June 2011 @ 2301hrs Greek government survives confidence vote http://www.bbc.co.uk/news/world-13869428 Many have departed the markets waiting for the outcome of this vote – Tomorrow there will be a rally, and shares will rise accordingly, especially after those directors purchases today ;-) I sniff a bid coming ;-)

The buy limit has been reduced to 15k shares (£3142.50)- we could be about to move up ;-) Perhaps news on the way?

Fri May 27, 2011 6:56am BST LONDON, May 27 (Reuters) - European shares are set to open sharply higher on Friday, mirroring gains in Asia and on Wall Street, with firmer commodity prices seen supporting miners and oils ahead of a long weekend in the United States and Britain. Mining and energy shares are expected to get support from firmer base metals and energy prices, which rose mainly on a softer dollar.

Not sure about 28p in 4-6 weeks, but I believe this will be 23-24p in the next week if not tomorrow ;-) Historically I believe Friday has been the day for some good rises for IFL (with or without news), and with the strong close today believe tomorrow may be one of those Fridays. Could be a gap down first thing though, be careful of it as the sp could rise dramatically after that. GLA SR