smilingmickey1
05 May 2015
Re: PE ratio < 8 (20.0 - 20.5) A recent RNS suggests that power sales have increased substantially in the early part of this year as they have set themselves up to supply to the grid from their generators at peak times, when demand exceeds supply. Will be interesting to see what sales are in the summer months and how profitable these sales are when the interims are released.I see the Board have awarded themselves (and employees) share options priced at 16.8p. So they are in the money on those already!
BigRat
01 May 2015
Re: PE ratio < 8 (20.0 - 20.5) smilingmickey1,Seems they got their step change + the edison analysis of egdon seems to have lifted EDR sp."In a trading update released today, Alkane Energy reports an encouraging step change in performance, driven by acquisitions during 2014."
Rab Munro
30 Apr 2015
Re: Ouch! Some excitement going on in my portfolio at long last. It's been a long time coming!
rollthediceagain
30 Apr 2015
Re: Ouch! EDR up 30% (10.5-11) which doesn't hurt!
Ripley94
30 Apr 2015
Re: Ouch! 15% RISE
rollthediceagain
30 Apr 2015
Re: Ouch! If the trade has gone through ~ buy or sell driven ~ how can there be an overhang?Promising trading update this am.
BigRat
29 Apr 2015
Re: Ouch! No way was that a sell - imo.
warbaby43
29 Apr 2015
Re: Ouch! Or is it "Ouch" or just iii trade data misreport?Certainly, Barclays are showing the transaction as "unknown" and most other iii "sells" as "buys" including a couple of 50k purchases. Also no negative immediate sp reaction from MMs which might reasonably be expected from a "sell" of that order.
warbaby43
29 Apr 2015
Ouch! A 5.35m share sale, that's going to make for some sort of overhang. Be interesting to know the identity of the vendor and the reason. Let's just hope that more don't follow.
BigRat
22 Apr 2015
Re: PE ratio < 8 (20.0 - 20.5) And yet there seems to be a bit of buying interest over the last couple of days. One £60k trade at the mid price yesterday. Neil O'Brien on the EDR board as NED so close tie-up between these two companies should work together to build value.
smilingmickey1
22 Apr 2015
Re: PE ratio < 8 (20.0 - 20.5) Big rat,The low PE ratio is due to them taking a profit in the accounts on an increase in value of their stock holding in Egdon Resources. The basic business returns are not very good.Also Alkane issued 6 million more shares yesterday and there is another lot of convertible loan stock outstanding which if converted will result in more of the same.. If you look at the records the number of shares issued has increase substantially over the past few years. So the profits have needed to be divided up over an increasing number of sharesThey need a step change in their business resulting from selling electricity at peak demand times or for their stake in Egdon to increase in value, either of which are possible.
BigRat
16 Apr 2015
Re: PE ratio < 8 (20.0 - 20.5) I think this should rise toward the dividend date. Correct me if I'm wrong but 0.3p equates to about 1.5% interest on the value of yourholding (1.2% at 20% tax). Say enough to cover commission on a £1000 (5000 share) purchase.I know it's always dangerous to call the bottom but I think the upside potential is greaterfrom this point.
dabba
16 Apr 2015
Re: PE ratio < 8 (20.0 - 20.5) that's a tidy dividend yield on 20p SP.
BigRat
16 Apr 2015
PE ratio < 8 (20.0 - 20.5) PE ratio for ALK is now about 7.9 with bid at 20p.A 0.3p dividend is due to be paid subject to shareholder agreement to those on the registerby end of May. Director also added at 20.5p so think this might be a reasonable entry pointalthough things might be quiet through the summer period.
mexicoman
02 Apr 2015
Re: How come They shut rattcliffe power station down for four months yesterday then had to fire it back up and running has demand was high
