Member Info for sundancer

yes, british gas is a customer of bglobal and a few other energy providers too. extract from an RNS released 2nd may :- "Bglobal continues to install meters and provide energy data services for Energy Suppliers such as British Gas Business and Npower as well being in the process of supplying 30,000 meters in aggregate for Scottish & Southern, BizzEnergy, Opus Energy and Haven Power over the next twelve months." RNS here http://www.investegate.co.uk/Article.aspx?id=200805020700596310T

don't worry mate, i still have a feeling this will come good as it is backed up by legislation and BGBL has monopoly. all u need is patience. forget about this share and come back in a year's time. i'm also sitting at a loss here but have no intention of selling as this is a long term share. the share price will be corrected if/when BGBL provide better figures in an interim/annual update. until then, it is hard for the market to trust. oilbarron, do u think there is a seller on here causing the SP to be depressed?

that was released 27th may.

do u have an email address?

i envy you for having bought so many of these shares, having the patience and keeping the faith. u've done well to hold all of them. u probably could buy another house in a year's time if u can hold that long! =) i feel i should have bought so many more when they were 10p too but hey....no regrets right. i've got my base holding here bought at that level too but the last punt i had on UNIQ, i actually made a small loss to shift funds, but it was worth it. i will make a punt here again, in time to come.

if pension deficit was an issue to UNIQ, they would have used the cash sale funds for that. it's clear they are not concerned about pension, but would rather completely pay off debt, even though it's actually gone down from £27m to £25m owed out of £60m allowed, and be totally debt-free. their revolving credit facility should remain till end 2010, as agreed with lloyds.

cheers - would appreciate all the help i can get. i reckon it's david lamont that's doing all the work getting this company back on the right track. lord balfour just lends his title...lol.

http://www.investegate.co.uk/Article.aspx?id=200906261525136142U

good to know there's more people on this board. i have been researching BNLN for quite a while now...only now starting to post my findings here, bit by bit. so far, i find it a slightly higher risk from my other investments but as long as an insight can be formed to a possible recovery play, i am willing to reap the rewards(have been successful...so far). BNLN seem to be taking the right steps, drastic but necessary. Lord Balfour is closely related to BNLN and he is currently away on holiday, will be joining the board on 1st September(don't ask me how i know). the de-listing of bateman engineering is actually good news from my point of view, just another cost-saving strategy. the main shareholder of both bateman litwin and bateman engineering is BSG Resources - why would they want to pay millions to keep both companies listed when bateman engineering is actually part of bateman litwin? that's like hiring 2 CEOs for one firm. =) so like you, i also think it's not worrying. at the moment, this share looks set to recover from the delta-t mistake, step by step, but i would still advice to be treated as speculative(ironically that's how you earn the best returns), medium to long term. if oil drops to a sustained level of sub-USD$50 per barrel, then BNLN may have trouble winning new contracts. at the moment, it is still set to rise. i'll post more info soon.

http://www.investegate.co.uk/Article.aspx?id=200906260751315645U

there are also two brokers that are rating BNLN as a buy - oriel securities and evolution securities. anyone know the reputation of these brokers? i don't think the Earl of Balfour(who also sits on the secretive but highly successful rothchilds investment board) would have agreed to join as chairman if he thought BNLN was going down - someone like that must surely guard his reputation ferociously. any thoughts?

out of the backlog BNLN is relying on, the majority of it is not in renewable fuels but in phosphoric acid plant in Saudi Arabia with secured funding(customer is government owned). the management has already stated that they are more picky with projects so i think these projects will deliver better margins. with a previous turnover of USD$800m and market capitalisation of just £17m, perhaps this company is worth noting or perhaps a punt, especially when they will soon announce full year results for 2008/2009 and an improvement to the balance sheet is expected. there was an EBITDA loss of USD$10.2m and BNLN are conservatively targeting breakeven for the current financial year. so if that is achieved, this would mean if it wasn't for the loss, they would have been up USD$20m. staffing overhead costs have already been reduced by almost 10%. it would be good to see them lowering contracting costs too as this is quite a substantial sum on the books. the litwin division contributed 55% of group revenue of which 4 projects are executed for Gaz de France for whom BNLN are enjoying a "strong and continuing relationship", according to the 31st december 2008 report. the risks attached with this share at this price could come with high rewards - it used to be £3 a share once.

i don't think we'll see this share price below 20p again. i'm curious to see what comes of the marie sale. rayfan, no worries mate - remember to always dyor. =) don't take what i think/say as gospel truth - always better if we can work as a team!

specialises in renewable energy/fuels industry. due to last year's high petrol prices(and remember they forecasted USD$200 a barrel by end-2009?), biofuels were the way of the future. well, not since the economic slump as oil prices dropped. BNLN paid a high price for the wrong timing. as the economy recovers, so will petroleum and eventually, biofuels. as it is, obama administration has required a blend of 10.21% target for 2009, to be raised throughout the years. there is clearly an energy crisis on the way - papers just recently reported £5000 energy bill per year per household in 10 years' time although i think this is a bit exaggerated. the implementation is controlled by the EPA through :- Renewable Fuels Standard http://www.epa.gov/OMS/renewablefuels/ Legal Implementation http://www.autobloggreen.com/2008/11/17/epa-ups-americas-renewable-fuel-standard-to-10-21-percent-for-2/ although delta-t was big part of the business then, it isn't anymore. it seems the new management acted quickly to reduce associated costs - the workforce of delta-t alone has been reduced by a whopping 54%. the legacy projects have mostly been completed and the litigation with previous owners settled. this is good in the sense that a line has been drawn and the delta-t projects always encountered problems of cost overrun, hindering meaningful profitability at the EBITDA level. i won't be surprised if BNLN disposes of delta-t in the future but i don't think so.

13 automatic executions within a span of half an hour. what's brewing here...? is the MM collecting shares for a big order? not in here yet but waiting for an entry point. is this it?

that's what i think too. they are probably not wanting the market to form any expectation so the silence. once the sale of these assets are disposed, they are in a much stronger position to create value at the EBITDA level and lower pension deficit figures. top this up with a strong contract from M&S, there really isn't much to stop the share price from rising, imo. tangible NAV per share alone is about 60p so this share is really undervalued. brokers are also speculating once the consolidation is done, UNIQ could be a potential takeover target for northern foods.

oh my lord....i'm guessing a newbie who didn't know about having to put a decimal point....

by the market maker once or twice. just research the company, form an insight and stick to what you believe in. here's a little bit more about MM tricks they play with us private investors :- http://www.growingwealthmag.com/?p=459 if u are a short term trader, u should read it.

i stand corrected! BGlobal will fly when some news coverage of smartmeters is blasted all over BBC again. =) or, when their margins improve, then we will see a sustained rise. they have invested heavily in anticipation of the nationwide rollout so it's not so impressive on the books and markets are skeptical but yeah, topping up is a strategy u employ. they've just revamped their website and new training for employees so it does seem like business as usual for them.

hard to make a prediction mate. i can only suggest invest here if u are prepared to wait long term. BGBL is not without it's funding problems but the nationwide rollout of smartmeters is underpinning it's survival. and they are the only company that provide a real end-to-end solution for energy providers.