Member Info for Walkley

3,875,969 = £10,000 hardly betting the farm is he!

Status and Trend Analysis There are signals for gains in the short-term with the most immediate resistance seen at 25.33 and support of the current trading range at 23.58. Alkane Energy Plc's steady uptrend is supported by the crossing of the 5-day moving average above the 34-day moving average. Based on the technicals, we can expect to see the bulls headed for the 27.08 level. From stock exchange Web site: Risk Analysis Here is an investment for risk-loving investors, who will choose to venture large sums despite the security's high daily volatility of 3.03. With daily volume equalling 263,684, above the moving average of 152,655, Alkane Energy Plc is clearly attracting interest in the market.

Could someone help - what are Automatic Trades? They seem to be a high proportion of the trades in this company today. Are they good, bad or indifferent?

All looking very positive - good write up Share mag. At 30p 50% ahead of where we are today they would still be undervalued by 30% against peers.

The company is in a bind - it will need cash to grow. Suppliers need paying before customers pay you. The Fortis facility is probably some sort of invoice discounting. The real problem is the margin. At current margins they will need to double turnover just to have a chance of breaking even and doing that will need more than £2m to support it. How is the margin doing? No mention in the statement.

"Alkane can report that revenues for the three months to 31 March 2011 have increased by 51% against the same period last year, driven by a year on year 54% increase in electricity output to 37GWh. This output increase is a function of: · The on-going implementation of Alkane's growth strategy with new sites coming on line throughout 2010; · A successful winter running campaign with major services being scheduled for the spring period when pricing is traditionally lower; · A relatively low comparator period as Quarter 1 2010 output was adversely impacted by particularly poor weather; · A revised running regime for our conventional gas demand response engines which are now operating during regular peak demand periods whereas they were operating only on standby contracts last year. In addition pricing has continued to strengthen over recent months as global concerns over the situation in the Middle East and Japan have influenced sentiment in the energy market. Alkane now has 88% of Group 2011 production forward contracted at an average base load selling price of £49/MWh. We have also taken the opportunity to forward contract into 2012 with an average price of £55/MWh on approximately 15% of our expected 2012 output."

I am a fan of Alkane and dont see why WIND is rated higher

Have sent a query from their investor web site no response.

£59m mCap Idox supplies software, solutions and recruitment services to the management of local government and organisations. While Idox began as a dot.com listing spun out from a financial services software business in 2000 it became unfocused once the bubble burst. In a robust presentation, Richard Kellet-Clarke CEO detailed the change in fortunes that the new management team have brought to Idox since their introduction in 2006. By redirecting the focus of the business away from recruitment and growing through acquisition, the team have increased recurring revenue streams, raised gross margins from 65% to 83%, and delivered increasing profitability to what FinnCap expect should reach £10.5m pre-tax in 2011. With growth drivers for the business expected through the transition to SaaS provision and further opportunities in the private sector market, Kellet-Clarke believes his team can continue to grow organically and through acquisition and stated that he was confident the company will meet their forecasts. FinnCap highlights the company's strength in visibility and cashflow is anticipating eps of 2.2p for 2011 putting the company on a forward p/e of 8.

More good news Chevron contract shows IDOX not just relying on local authorities

When I first met the MD of this company at a regional Bank of England dinner, I think the shares were 40p. They have done everything asked of it, like making a healthy profit. 40p must be justified again, look at Renewable Energy ( WIND ) as an alternative - losing money hand over fist on identical turnover to Alkane and valued at £58m compared to Alkane's £21m.

But the company is using cash rapidly and will need more working capital if it is to grow (needs to double in size at current margins just to break even). The Stock reduction was a one off and will presumably be reversed if stock becomes available. We lost money on Stanelco - I just don't see the point in throwing more money at something which may take years to come good. From the prelim results: "The cash utilised by operations in the year was £1.1m (2009: £2.3m), reflecting primarily the loss from operations of £1.9m. £0.2m of cash was released from working capital, with a £0.8m reduction in stocks in the Bioplastics division more than offsetting the impact of revenue growth elsewhere. This stock reduction reflects, to some extent, the supply chain constraints in the second half of the year which resulted in a commercially sub-optimal stock position at the year end.....Before financing activities, the cash outflow for the year was £1.8m, a reduction of £1.0m compared with 2009."

Biome is a company losing lots of money (and more importantly cash). Will need to double sales at the current margin just to break even. I am afraid I cannot see where any good news is going to come from in the next 12 months, and with out news is likely to just drift lower. Current market capitalisation seems very generous - avoid

How can the patent litigation be good for the shares. If they win which they probably will, then it doesn't boost sales or profit, if they lose then it is all over. Market cap £11m at 0.2p why should this co have a market cap of £25m?

Not sure the market knows what this company is yet since the reverse takeover. Hopefully they will like what we see next week.

With an operating margin of only 19% they will need to double sales just to break even! Revenue on a like for like basis was up 24% last year - Actual revenue was down 25%. How long will it take to double turnover? Will the money last? If it looks like a lemon and tastes like lemon it probably is a .....

Well 4 directors have bought some shares at 4p.

But it loses money - lots of it - more capex on windfarms that dont provide profits (because lack of wind). From the report -"Output was 29,640MWh compared to 23,602MWh in the same period last year, despite UK wind conditions reducing output by 24% below forecast and long-term averages, a trend which continued into January 2011." and into the windy month of March, if the rest of the country is the same as the midlands. But that is not all the bad luck "REG Bio-Power was adversely affected by the high price of waste cooking oil in the UK for commercially purchased oil to supplement the amount collected from municipal sites. Turnover was £0.7m and the EBITDA loss was £0.6m." And £249k was written off from the value of an existing wind farm. As far as electricity prices all it says is " Power Purchase Agreements covering all 41.15MW of wind projects, fixed for 1 to 3 years, now completed" but doesn't mention the price which may not be as good as past prices. I do not see the attraction - should have accepted the bid!

From 6 months report £'000s: Period Cash Flow Net decline in Cash and Cash Equivalents £11,208k Cash at end of Period £6,016k Proposed Dividend £516k "Retained Earnings" actually retained losses £18,058k Can someone explain how this company can carry on?

And then drop like a stone as usual!?