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  • Volume by wishful thinking
    Wed, 19 Feb 2014 18:30:00 GMT

    Big volume today - seems that after a clear out the often stock rises? By wishful thinking
  • GKO prospective Broker P/E.... by oldjoe1
    Mon, 09 Dec 2013 15:27:00 GMT

    Interesting to see broker Singer have a
    prospective P/E of only 11.4 to 2015 (176% EPS growth)
    and a PEG of .06

    NAV figure per share looks interesting aswel.

    Looks very cheap to me and plenty of potential.

    Greenko Group PLC

    FORECASTS

    Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
    N+1 Singer [R]
    06-12-13 BUY 10.15 4.39


    2015
    Pre-tax (£) EPS (p) DPS (p)
    Consensus 34.31 12.94 0.00


    GROWTH
    2015 (E)
    Norm. EPS 176.82%
    DPS %

    INVESTMENT RATIOS
    2015 (E)
    EBITDA £73.44m
    EBIT £m
    Dividend Yield %
    Dividend Cover x
    PER 11.44x
    PEG 0.06f

    Net Asset Value 2014 132.43p p

    hemscott. By oldjoe1
  • GKO...... CHART BREAKOUT by oldjoe1
    Mon, 09 Dec 2013 12:48:00 GMT

    From a technical point of view for
    the chartists among us an interesting
    chart breakout.

    link By oldjoe1
  • Re: Daily Mail-Midas by oldjoe1
    Mon, 09 Dec 2013 09:54:00 GMT

    Buy shares in Greenko Group, the Mail on Sunday's Midas column recommended. The renewable energy company has a massive opportunity to supply power to India, where green energy is cheaper than coal and gas. The country has a big fuel shortage and has to import fuels. Greenko's wind farms and biomass plants can fill the gap. After some bumpy early days on AIM from 2007, sentiment on Greenko has strengthened and Singapore has invested £100m in the company. At 148p, the shares offer growth potential in the next year and beyond.

    By oldjoe1
  • Daily Mail-Midas by nk1999
    Sun, 08 Dec 2013 12:15:00 GMT

    Buy tip today at 148p.

    link

    I am still sceptical.
    nk By nk1999
  • Ahead of Schedule by wishful thinking
    Mon, 11 Nov 2013 09:06:00 GMT

    Great announcement today. A doubling of operating MW this year and on track for the 1,000 MW by 2015 promised some years ago. Surely this stock will soon get the attention of buyers and surpass its 2011 level of £2.25 per share? IMHO

    11 November 2013

    Greenko Group plc

    ("Greenko" or "the Company")



    Wind Farm Commissioned



    Greenko, the Indian developer, owner and operator of clean energy projects, is pleased to announce that Phase-1 (51.2 MW) of its Balavenkatpuram wind farm has been commissioned. This takes Greenko's total generating portfolio to 411 MW, a 38% increase since April 2013.



    Balavenkatpuram Phase-1 is the third wind farm Greenko has commissioned this year and the project was completed one month ahead of schedule. The project has secured a 25-year power purchase agreement with the state of Andhra Pradesh and benefits from the recently increased tariff, along with the Generation Based Incentive. The total Phase-1 cost was approximately €40 million and uses the enhanced GE 1.6 XLE turbine, which has the potential to deliver close to a 30% capacity factor in an average year.



    The grid connection for the site's full capacity of 200 MW has also been completed. Phase-2 (50.0 MW) using Gamesa's large G97 turbine, which has a 90m hub height and 97m diameter blades, is currently under construction and on schedule. The Group's strategy of building large scale wind farms in a phased manner, using the latest low wind speed turbine technology connected to the high voltage transmission grid, means it is able to deliver significant, predictable and profitable growth.



    As previously announced, Greenko's performance remains in line with expectations. The early monsoon helped southern hydro and wind power generation, while northern hydro is running well, with good plant availability.



    Commenting on the project, Anil Chalamalasetty, CEO of Greenko, said: "We are delighted to be commissioning Phase-1 ahead of schedule. Our first two wind farms refined our modular approach to wind farm construction, which is now delivering substantial and predictable growth. As a result, we should double our generating capacity this financial year to 600 MW and remain in line to hit our 2015 target of 1,000 MW."
    By wishful thinking
  • Re: Interest & Interest cover by wishful thinking
    Mon, 29 Jul 2013 14:34:00 GMT

    HI there

    Not sure you are taking into account the fact that this is a company still developing many of its assets and is therefore difficult to compare to mature utilities.

    I understand project finance in India for such Hydro and Wind assets is typically on a 70:30 debt equity or even higher at 80.20 so suspect GKO has lots of headroom. Sadly interest rates are still high in India.

    I would prefer debt to be raised to accelerate growth rather than dilute shareholders.

    I sure dividends will flow when the current projects are developed and generating cash, but why pay dividends when borrowings need to be so high?

    My only frustration with GKO is that the nature of their business means projects take ages to build!

    IMHO



    By wishful thinking
  • Interest & Interest cover by kingpin_z
    Mon, 29 Jul 2013 13:45:00 GMT

    Just passing by.

    I looked at this company a year ago but forgotten why I left it and did not invest.

    After having a glance at the latest and most recent results... I remembered why.

    A big concern for me here was not so much the level of debt (although at close to 42% of Equity is an issue in itself), but more so the amount of interest cover from the operating profit. With interest running at barely one and a half times EBIT... that is not comfortable at all and is trending in the wrong direction.

    It is for the above reason there are no dividends, the company preferring to finance debt than return money to shareholders (for now), whether this changes in future I guess remains to be seen... though dividends are an incentive to invest, if they're are no dividends... especially for a utility, there is little incentive and hence why the share price has been so stagnant for long periods of time.

    For the old saying goes; - "If you look after the income, the capital will take care of itself."

    The share price will change considerably once the BoD reduce the liability overhead and start rewarding investors via dividends, that too may make the institutionals become a consideration. By kingpin_z
  • Mop up by wishful thinking
    Fri, 31 May 2013 09:59:00 GMT

    Great to see yesterday's news that the big boys are backing this stock again. Hopefully any potentially spare stock has now been mopped up and the SP can move forward to reflect the value of the asset base. IMHO By wishful thinking
  • Another link to Global Warming article by Valuespotter
    Fri, 24 May 2013 21:15:00 GMT

    Sorry if the links in my last 2 posts were bad. I've tested this one and it works OK:

    link By Valuespotter
  • Global warming's terrifying new math by Valuespotter
    Fri, 24 May 2013 21:09:00 GMT

    Sorry - that link doesn't seem to work. Try this one:

    link By Valuespotter
  • Global warming's terrifying new math by Valuespotter
    Fri, 24 May 2013 21:06:00 GMT

    Article from last year, remains just as relevant today. Since this was published Hurricane Sandy caused major flooding in NYC; more recently atmospheric CO2 has climbed over 400 ppm. The article makes a compelling argument for selling fossil fuel companies and investing in green energy. Companies such as Greenko and Wasabi Energy look well positioned to benefit from the end of the illogical "green discount" on their shares.

    link By Valuespotter
  • Re: Brilliant RNS x 2 by wishful thinking
    Fri, 15 Mar 2013 19:25:00 GMT

    Yes, agree with you - short term target surely has to be 200 to 300p with more over time. Not sure why the announcement came out on a Friday afternoon, but hopefully the press will still pick it up?

    The share price has been, IMHO so very undervalued/ignored for a long time but hopefully things will now be on the move. Sadly I only saw this announcement after the market closed but will be buying on Monday morning to hopefully have a very quick 100% return.

    I now understand why such high profile Board members were appointed recently.

    We done to the Indian management for driving things forward so well when so much else in the world is going backwards. By wishful thinking
  • Re: Brilliant RNS x 2 by King Suarez
    Fri, 15 Mar 2013 18:22:00 GMT

    Jumped in late at 137p with some available funds - this should surely head over 200p once news digested?!

    £100m investment at 260p, a HUGE premium to the existing share price. Unbelievable! By King Suarez
  • Re: Brilliant RNS x 2 by mantrova
    Fri, 15 Mar 2013 15:30:00 GMT

    link By mantrova
  • RNS by boak
    Thu, 06 Mar 2014 07:04:59 GMT

    Wind farm commissioned.

    link

  • Winner by lummox
    Tue, 04 Mar 2014 19:17:40 GMT

    On a 14 month view so we get March 2014 results plus the following March 2015 I really think this could be a winner. Well funded, Good history of completion of targeted project, Several well founded profit and earnings upgrade, Indian power needs rising with wind & hydro getting cheaper and Coal etc getting dearer and dearer. If Greenko carries on doing what it has done well for the last 3 years I believe as do many other a large and creditable upside
  • Tipped in IC Thursday by JohnLaw
    Mon, 17 Feb 2014 05:35:28 GMT

    By top stock picker Simon Thompson.... "Investors are starting to warm to the merits of Greenko (GKO: 172p), the Indian developer, owner and operator of clean energy projects. They have good reason too, because the company has been making serious progress in ramping up capacity to generate the surge in profits which should drive the share price higher"
  • SP Rise by finbarr
    Thu, 13 Feb 2014 17:51:39 GMT

    No idea why it's risen but that's a significant jump today.Good bet long term, methinks.
  • RNS by SchiffJnr
    Tue, 04 Feb 2014 09:15:46 GMT

    Greenko, is pleased to announce it has agreed to acquire the Budhil 70 MW run-of-river hydropower plant in the Chamba district of Himachal Pradesh, near Greenko's existing assets. This will bring Greenko's total operating hydropower portfolio to 245 MW and its total generating portfolio to 546 MW - a 77% increase in total capacity since the start of the current financial year. Greenko is acquiring Budhil from Lanco Hydro. The total value of the acquired assets is approximately €77 million, funded in-line with the Company's current portfolio from project finance debt and internal resources. The plant is fully built and is completing its stabilisation phase, with power sold through an open market PPA. On average the project is expected to have a plant load factor (PLF) of 57% and deliver an average of approximately €14 million of EBITDA over the long term, based on current exchange rates. Once final pro-forma approvals are received from the State and the banks, Greenko expects to recognise revenue from Budhil at the start of its 2014-15 financial year.
  • RNS: Power Plant commissioned by SchiffJnr
    Wed, 29 Jan 2014 12:13:09 GMT

    Greenko, the Indian developer, owner and operator of clean energy projects, is pleased to announce that Phase-2 (50.0 MW) of its Balavenkatpuram wind farm has been commissioned. This takes Greenko's total generating portfolio to 476 MW, a 54% increase since April 2013. The grid connection for the site's full capacity of 200 MW was completed in October 2013, ahead of Phase-1's commissioning. Balavenkatpuram Phase-3 (50.0 MW) is already under construction and on track for commissioning ahead of the main generating season, which begins with the monsoon in July.
  • Something is by ecovest
    Wed, 15 Jan 2014 21:44:02 GMT

    The simmer is becoming a boil. Is it ready to serve yet? Nice 6.15% rise today.
  • Something is by Johnnyc
    Mon, 13 Jan 2014 21:51:01 GMT

    Cooking with this share ! Can feel it in me water !
  • Huge delayed buy by tfish
    Tue, 17 Dec 2013 01:47:21 GMT

    242k dated the 12th.
  • Investors Chronicle Tip by finbarr
    Fri, 13 Dec 2013 13:41:56 GMT

    Nice write-up in today's IC. Strong 'buy' recommendation. I think I will follow the advice.
  • GKO Broker prospective P/E.... by MickTKipper
    Mon, 09 Dec 2013 15:28:14 GMT

    Interesting to see broker Singer have a prospective P/E of only 11.4 to 2015 (176% EPS growth) and a PEG of .06 NAV figure per share looks interesting aswel. Looks very cheap to me and plenty of potential. Greenko Group PLC FORECASTS Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p) N+1 Singer [R] 06-12-13 BUY 10.15 4.39 2015 Pre-tax (£) EPS (p) DPS (p) Consensus 34.31 12.94 0.00 GROWTH 2015 (E) Norm. EPS 176.82% DPS % INVESTMENT RATIOS 2015 (E) EBITDA £73.44m EBIT £m Dividend Yield % Dividend Cover x PER 11.44x PEG 0.06f Net Asset Value 2014 132.43p p hemscott.
  • GKO .....CHART BREAKOUT by MickTKipper
    Mon, 09 Dec 2013 12:50:47 GMT

    From a technical point of view for the chartists among us an interesting chart breakout.

    link

  • midas by ecovest
    Mon, 09 Dec 2013 11:18:14 GMT

    Ah, the Midas touch - wondered why we had a nice rise today. Well welcome aboard any Midas-inspired joiners. This is no fly-by-night AIM pup and dump share - it's a quality long term holder which should turn into a decent dividend payer in the future too (but for now is a growth share).
  • RE: sunday mail midas by MickTKipper
    Mon, 09 Dec 2013 09:55:52 GMT

    Buy shares in Greenko Group, the Mail on Sunday's Midas column recommended. The renewable energy company has a massive opportunity to supply power to India, where green energy is cheaper than coal and gas. The country has a big fuel shortage and has to import fuels. Greenko's wind farms and biomass plants can fill the gap. After some bumpy early days on AIM from 2007, sentiment on Greenko has strengthened and Singapore has invested £100m in the company. At 148p, the shares offer growth potential in the next year and beyond.
  • Sheeple factor by tfish
    Sun, 08 Dec 2013 19:19:31 GMT

    Ensuring a blue day for GKO Monday