Member Info for Wolveshaveeyes

Stokey , best ramp of the week £.....m.

Any knowledge on a takeover that you would like to share with us all? Oh just kidding!

Wolves

BB, thank-you. I agree with you on this. Careful timing of contract delivery always required when birds are involved. Major headache and expense if project construction timescales over-run into nesting season. Get the timing wrong and in some circumstances even construction plant has to be abandoned until the season is over.

Wolves

Stokey

I don't believe PHE is involved in the Altalto project, I would just like an opinion from BB re the Natural England response.
IMO it may however become a competitor for some waste streams though that PHE could also be interested in.

Wolves

BumbleB

http://planninganddevelopment.nelincs.gov.uk/online-applications/simpleSearchResults.do?action=firstPage

DM/0664/19/FUL

Thanks

Wolves

Stokey, I was thinking more along the lines of Velocys and the joint project Altalto with BA and Shell. Currently the project is also in planning and at similar stage to PHE.

Bumble, I don't know your knowledge regarding the above project but would be interested in your take of the submission and planning response by Natural England.

Wolves

Stokey I never wrote there was a single trade of 58m shares. To provide clarification:

I wrote "58m shares may require an RNS." I was referring to the TR1 if any UK entity was to cross the 3% reporting threshold. In PHE's case it is currently c.58m shares, nothing else. I have no knowledge of any entity reaching that level except those already in the public domain. Are there not different requirements for non UK issuers ie 5%, ...……..

The second part of what I wrote was " Could a WM Company have finally seen the potential?". There have been a significant increase in the number of shares and trades over the last few days. The last news release from PHE was 6th January 2019. The frequency and size of share trades could be based on interest from a WM Company. They have a lot of synergy with PHE's plant so it is a reasonable question. It could just as easily be hundreds of PI's looking for a share of the action.

No problem Stokey. 57,721,565 shares is 3% of the 1,924,052,173
shares issued as per PHE own website. So maybe should have put c.58m and stated TR1.

Basis behind post I believe is relevant though given the volumes and size of transactions.
Good to see this level of interest as so many transactions occurring for far smaller values as well.

Wolves

58m shares may require an RNS. Could a WM Company have finally seen the potential?

<30%? Combined. When?

Kenny, I fully understand now. For me 1 of 3. I believe many of these go under the radar or may be ignored.

Wolves

Kenny, Sorry, I understand now. Yes I do remember something like that. Caused a bit of a stinky Q at the time.

Wolves

Kenny. Thanks, I have been. I am referring to legitimate investment strategies only.

Wolves

AudibleEnergy, good to see you back to tapping the keyboard. I've been waiting for your opinion, always fun to read the maze of words but we all have a different approach to engagement. I hope to see you at the EGM.

Wolves

Can anyone remind me of the detailed rules that exist if the shareholders of a procuring company vote against a takeover. Can the offer be immediately revised and re-presented or is there a timing issue? What is to stop the Shareholders of PHE objecting to a W2T 40% share but requesting that the board re-negotiate to a more acceptable 30% share?

I suspect that PHE BOD have been posed a number of challenging questions already. The takeover document should prove to be very interesting and I look forward to being provided with a document that includes realistic projections both of PHE now and PHE after any takeover. The divergence of income may be considerable over time. It is not just the short term plan of receiving income, it is also the longer term plan relating to re-investing income, capital investments, JV's, R & D decisions and expected dividends.

There is also another factor that may come in to play, what tax allowances does W2T bring to PHE with the takeover?

Wolves

Piltick, post 10.06 that is also my current understanding.

However, I believe originally they were looking for opportunities relating to the chemical industries that produced significant amounts off hydrogen as what was then often regarded as a waste product.

For those new to the board or this area of discussion I have attached the following link.

https://en.wikipedia.org/wiki/Hydrogen_economy

It was always my understanding that AFC was looking at providing a monetary stream for the hydrogen that had little or no real value. I think the problem was the purity of the gas being expelled and then to be used by AFC plant to generate electricity.

AFC didn't only have a single usable output, namely electricity, it plant also produces water, a sellable commodity in its own right especially in some of the drier areas of the world.

Wolves

Stokey12 Back in 2017 I had a chat with a shareholder who had a decent size holding in PHE, 25p was a serious proposition to them. The difference between that investor and me is that 25p a share doesn't really interest me. Whilst I can never say never, I have always been here for the dividends and the potential.

Wolves

My prediction is as follows:

1. IMO only, an Inflated price takeover of W2T
2. Then a PHE share placing
3. First operational plant
4. Lots of new contracts signed
5. Stake build by one or more Oil, or Waste Management Company but could even be in another more diverse field.
6. Attempted takeover of PHE - Narrow fail

BOOM.

Wolves

But this is PHE.

Z-Cars, £100 market Cap, we are in for an incredibly bad year then. Is that how much the tech is really worth? I was expecting a few 000000's on that.

Wolves

The columns should have read:

Name
Shares 31/10/2018
Shares 26/06/2019
Share change
Percentage total of W2T Shareholding
Directors of W2T and dates

I hope that help.

Wolves

Absolutely no animosity on my side. I like to make my decisions based on facts and the risks I place against that information. Those risks recognise various time frame periods and the WHAT IF?

Wolves