gretel
06 Jul 2015
Excellent H1 trading update today A very good H1 trading update:[link] are on a P/E of just 6.8 for the current year.VSA Capital have updated very bullishly:"Electricity output was reported at 106GWh, remaining 25% ahead YoY in Q2, as was previously reported for Q1. ALK typically generates more electricity in H2 but just assuming H1 output is repeated in H2, this is in-line with our current FY output forecast (216GWh). Assuming the 25% YoY increase in maintained in H2, FY output would be c13% ahead of our forecast"Conclusion:"This is a positive update from ALK, which has the potential to come in ahead of our FY 2015 forecasts. However, we are maintaining our existing forecasts at this point, given the remaining unsold output and uncertainty over electricity prices.We maintain our BUY recommendation and target price of 43p."
pharmaspecialist
22 May 2015
Re: Share Price Recovery ... why? There are a number of factors which could affect the share price, including the success with which Egdon can exploit the shale assets previously owned by Alkane. However I would suggest that by far the most important influence on the share price at the moment and into the medium term is the price of wholesale electricity in the UK. This will have a major bearing on Alkane's ability to sign profitable contracts for selling the electricity is produces which is fundamental to the viability of its business. Of course Alkane has done well to sell its electricity at decent forward prices and this will mitigate any electricity price variability. If you reckon that the electricity shortage in the UK will continue then I am sure Alkane will do well but if you think that the surplus electricity on the continent and in Scandinavia will be imported to the UK via the planned undersea cables then the outlook would be less bright. For myself, I find it very difficult if not impossible to predict the future price of wholesale electricity in the UK and I suspect Alkane also takes this view which is why it has, sensibly, sold forward so much of its production.
pharmaspecialist
22 May 2015
Re: Share Price Recovery ... why? There are a number of factors which could affect the share price, including the success with which Egdon can exploit the shale assets previously owned by Alkane. However I would suggest that by far the most important influence on the share price at the moment and into the medium term is the price of wholesale electricity in the UK. This will have a major bearing on Alkane's ability to sign profitable contracts for selling the electricity is produces which is fundamental to the viability of its business. Of course Alkane has done well to sell its electricity at decent forward prices and this will mitigate any electricity price variability. If you reckon that the electricity shortage in the UK will continue then I am sure Alkane will do well but if you think that the surplus electricity on the continent and in Scandinavia will be imported to the UK via the planned undersea cables then the outlook would be less bright. For myself, I find it very difficult if not impossible to predict the future price of wholesale electricity in the UK and I suspect Alkane also takes this view which is why it has, sensibly, sold forward so much of its production.
pharmaspecialist
22 May 2015
Re: Share Price Recovery ... why? There are a number of factors which could affect the share price, including the success with which Egdon can exploit the shale assets previously owned by Alkane. However I would suggest that by far the most important influence on the share price at the moment and into the medium term is the price of wholesale electricity in the UK. This will have a major bearing on Alkane's ability to sign profitable contracts for selling the electricity is produces which is fundamental to the viability of its business. Of course Alkane has done well to sell its electricity at decent forward prices and this will mitigate any electricity price variability. If you reckon that the electricity shortage in the UK will continue then I am sure Alkane will do well but if you think that the surplus electricity on the continent and in Scandinavia will be imported to the UK via the planned undersea cables then the outlook would be less bright. For myself, I find it very difficult if not impossible to predict the future price of wholesale electricity in the UK and I suspect Alkane also takes this view which is why it has, sensibly, sold forward so much of its production.
pharmaspecialist
22 May 2015
Re: Share Price Recovery ... why? There are a number of factors which could affect the share price, including the success with which Egdon can exploit the shale assets previously owned by Alkane. However I would suggest that by far the most important influence on the share price at the moment and into the medium term is the price of wholesale electricity in the UK. This will have a major bearing on Alkane's ability to sign profitable contracts for selling the electricity is produces which is fundamental to the viability of its business. Of course Alkane has done well to sell its electricity at decent forward prices and this will mitigate any electricity price variability. If you reckon that the electricity shortage in the UK will continue then I am sure Alkane will do well but if you think that the surplus electricity on the continent and in Scandinavia will be imported to the UK via the planned undersea cables then the outlook would be less bright. For myself, I find it very difficult if not impossible to predict the future price of wholesale electricity in the UK and I suspect Alkane also takes this view which is why it has, sensibly, sold forward so much of its production.
ilaher
21 May 2015
Rocked by regulatory probe [link]
Rab Munro
14 May 2015
Re: Share Price Recovery ... why? I don't think it's b, because the SP has been ticking up since well before the election.
BigRat
14 May 2015
Re: Share Price Recovery ... why? This is one of those few AIM companies that actually pays a divi. It's only 0.3p but divi will be paid to those on the share register on 29th May.Also, more power to the grid as generators (delayed) coming on line now with capacity forward sold into 2017.And not forgetting the 18% (40,000,000 shares ) stake in EDR which Edison has now issueda note to the effect that the Wressle field looks more likely to be a commercial discovery.EDR could be worth up to 75p/share. That could be worth £30m alone to ALK, almost double its current market cap. Read the EDR boards for more info on that. Also read BaysilHope's posts on the lse board - very informative and a real fan. I think a slow recovery back to the 30's is quite probable.
JohnOmally
14 May 2015
Share Price Recovery ... why? Hi,Been good to see that the share price has recovered some ground recently, however it begs the question... why? As far as i can see there are three possible reasons:a) Slight recovery in the oil price since the lows at the end of the 2014 - which in effect supports all energy pricesb) Labour not in power - no cap on energy prices now in prospectc) something the company has doneAs far as i can see it is a combination of a and b, (unless something is afoot which hasn't been announced). Any thoughts? My take is that any upside from removing the threat of a energy price cap is now in the sp; any further upside is going to be related to the oil price or even the company delivering on strategy.Yours~Omally
mexicoman
13 May 2015
Re: Snowstorms next winter Never mind winter time just been to rattcliffe power station that's on shut down went past ferry bridge that's not doing much
pseudopolylageraemia
13 May 2015
Re: Snowstorms next winter It's the Daily Mail FFS guys.It's probably wrong.
dazedandconfused
13 May 2015
Re: Snowstorms next winter No mention of ElNina effects on House Prices, so i suspect not written by a mainstream Mail reporter 
Loldemort
12 May 2015
Snowstorms next winter Britain set to be battered by fierce snowstorms and freezing temperatures that could affect food stocks next winter:www.dailymail.co.uk/news/article-3078581/Britain-set-battered-fierce-snowstorms-El-Nino-cycle-five-years-begins.html
winningstreak
12 May 2015
FAO: RYO RYO - I suggest INSE, good luck. ws
BigRat
06 May 2015
SAYE 16.8p - a nice 20% discount to 21p. I had an SAYE with a former employer and enjoyed large gains over 5 years. New FD may have different approach to risk. Expansion by acquisition could be on the cards. EDR price going through the roof.
