AIM Soiree Butler Rurelec RUR.L

RurelecRurelec PLC was established to develop, own and operate power generation capacity in Latin America. Rurelec is managed by a team with a strong track record in developing power projects worldwide and with considerable experience in the electricity sector in Latin America. Rurelec's main business consists in the ownership and development of power generation facilities on the national grid and in isolated areas, selling electricity on commercial terms. The Company is now a significant power generator in Bolivia and Argentina.

Rurelec is trading above the moving 50 day average and below the moving 200 day average on below-average volume.
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  • Re: Well... by goodflyingduck
    Sat, 30 Aug 2014 10:32:00 GMT

    G3. Norfolk ? That's a hoot ! They're still using smoke signals, as you know, hence your location by Beeston Bump I suspect. I'll keep an eye out for the passing clouds of smoke ... usual coding ?

    8p eh ? Not much of a challenge ! Now, 9.5p might task me. Do I still get credit if it goes beyond that, were THE News to break this coming week ? Surely I should IF my thinking turns out to be right ?

    Enjoy what Norfolk has to offer ... fresh Cromer crabs ... er ... fresh Cromer Lobsters ... er ... the views ! Just sitting & watching the natives lope or shuffle by & counting visible genetic defects ... that's always been good fun ! Bit like "Spot the Differences". Keep a record Jack (David, Dan, Doris ... whatever) ; we can compare top scores ! GFD as last By goodflyingduck
  • Well... by daw2905
    Fri, 29 Aug 2014 18:13:00 GMT

    it will be going quiet from me now for a week. About to leave for Norfolk, the County where 3G hasn't been invented... least not where we're staying.

    GFD, please look after the SP (and Ana) for me whilst I'm gone, I won't be happy unless you've got it at least above 8p by the end of next week.

    So TTFN, GLA, DYOR, DAW. By daw2905
  • Re: SASB but the buttons have gone again... by goodflyingduck
    Fri, 29 Aug 2014 16:30:00 GMT

    Features in all the educational and medical reports here in Norfolk, teachers and clinicians tell me ! GFD as last By goodflyingduck
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  • Re: SASB but the buttons have gone again... by goodflyingduck
    Fri, 29 Aug 2014 16:27:00 GMT

    Sounds like a pint at the Crown or the Village Inn, then ? GFD OT hence no SASB ! By goodflyingduck
  • Re: SASB but the buttons have gone again... by daw2905
    Fri, 29 Aug 2014 07:49:00 GMT

    And for those others mad enough to be trying to keep up with this 'conversation'...

    NFN - link

    By daw2905
  • Re: SASB but the buttons have gone again... by daw2905
    Fri, 29 Aug 2014 07:32:00 GMT

    I wouldn't want to be in the dock opposite you (no offence intended), you'd run rings round the opposition by confusing them!

    I presume the ornithological analogy has led to calling me Jack(daw) but its not as devious as that - just my initials.

    We'll be staying near Sheringham, in the shadow of the Beeston Bump and, don't worry, the hat scarf and gloves will be packed - we're seasoned Norfolk adventurers.

    (not Jack) daw
    By daw2905
  • Re: SASB but the buttons have gone again... by goodflyingduck
    Fri, 29 Aug 2014 07:21:00 GMT

    Close but no coconut Jack ! Leeds originally (Hey ! Someone has to come from there ... it's a blinking big City !) but my lawyerly career brought me here. Lived, in order (well, what passes for order) .. Norwich, Mundesley, Sheringham & now back to Norwich - the City of Sin (so people in the boonies think of it) - again.

    Cley ? Ducks ? Surely Pigeons ... Cley Pigeon Shooting ??? Very popular here in Norfolk, as you probably know !

    Weather's ... "variable" ,,, ridiculously cold in the shade ... bring woollies ... too much rain .... bring wellies ... natives still the same ... don't need any more wallies (NFN) !!!

    Enjoy !

    GFD SASB Cos I might have to buy Jack a Pint while he's here &, at £3.85, that don't come cheap (or quack, come to that). PS ... Just noticed .. you're not suggesting I'm a "stick-in-the-mud" are you Jack ? I'll have to think again about that Pint, if so ! Safe journey ! By goodflyingduck
  • Re: SASB but the buttons have gone again ! by daw2905
    Thu, 28 Aug 2014 23:04:00 GMT

    Ah, so you hail from Norfolk, where I'm going tomorrow on holiday, and from where my ancestors originate. Small world really, as I'll be setting off from where I assume is the home town of the other poster on here, LB.

    What part of Norfolk? Judging by your nickname I would hazard a guess at Cley? Lots of good flying ducks there, and lots standing around in pools of mud too. Bit like us really, standing in the mud and looking for morsels By daw2905
  • SASB but the buttons have gone again ! by goodflyingduck
    Thu, 28 Aug 2014 11:23:00 GMT

    Bet they carry out routine maintenance at the start of trading tomorrow ! Bit like the Highways Agency here in Norfolk ... they only ever carry out roadworks during the "Tourist Season" !!! GFD By goodflyingduck
  • Do, please, forgive me if I'm being .. by goodflyingduck
    Thu, 28 Aug 2014 11:20:00 GMT

    ... repetitious but I need to do this just to (a) clarify my thoughts & (b) get the sp of this stock back to where it ought to be (around 9.5p) SOONER than the News comes out from the conclave in Chile.

    Some suppositions here but bear with me (especially that pesky little fox !).

    We know RUR are involved in discussions with a potential JV/other Partner in Chile. We know also that RUR were looking for the same in Peru. Argentina has returned (albeit very begrudgingly) to the fold. That's a package. But it's spread over three different sovereign sates which are miles apart in terms of RUR's operations on the ground.

    Suppose the putative Partner is one of the big South American electricity generators. Would they want RURs assets ? Possibly .. not exactly mouth-watering but a tasty little morcel nevertheless. So, if not the tangibles, what about the intangibles ? We often overlook IPC here. They are, at a once, Military Intelligence and REME. These are the guys who not only turn good profits for RUR, as an inter-meshed but otherwise autonomous division of RUR, but who innovate new technology.

    RUR appears in snippets all over the world but it's really IPC's technological innovation and know-how that's generating (sorry, no pun intended) global interest. Just read the stories.

    Suppose, then, that the current (ditto) negotiations are not just about the hardware but the intellectual software too. How would a JV/other Partner get its hands on that ? Certainly not in a project(s) related Partnership; the intellectual property (IPC) would remain exclusively with RUR.

    Answer (and I think it can be the ONLY answer and one which fits the present, long, News blackout) ... a Takeover. But (if I know Peter Earle and his continuing enthusiasm for electricity production to relieve poverty) only of the South American assets and access, then, to IPC and the "brains" of the creature that is RUR. So, two divisions of RUR; one listed here on AIM, the other in Santiago. A holding Co listed either there or here but main market (since, were the holding Co listed on AIM the Santiago Listing Authorities would not admit the SA division).

    "X Co", the big electricity generator, becomes the major shareholder in RUR(SA) and, perhaps, a minor shareholder in RUR( let's say "E", for Europe)(E). But, and here's the vital point, a significant shareholder (say, 49%) in the holding Co. Wham ! X Co has under its management RUR's electricity production in Argentina, Chile and Peru, which it can easily integrate into its own current (,,,) network of generating plants spread throughout South America. But, more importantly, X Co has bought into IPC and their technological know-how; that is the prize that the winner of the Chilean Beauty Contest wants. And why not ?

    RUR(SA) is, very effectively, spun-off so Peter and the BoD can concentrate on projects elsewhere in the world. We know of Peter's interest in South Africa, through IPSA. With the cash from the deal with X Co, RUR can invest significantly there, allowing Peter to offload some of his massive shareholding in IPSA. IPSA expands and, by a not dissimilar process to that effected in South America, RUR buys into that outfit which, too, can share in IPC's technology. IPSA remains in control of operations in the Dark Continent.

    RUR(E) meanwhile expands not only in Europe but also the Indian sub-continent (hence Bangladesh .... look at the credentials of RUR's partner there - it's not an electricity generator but a massive consumer of electricity in the clothing industry ... and its about to be transformed (....). Now we have another link in the global presence of RUR ... something akin to IPSA in Asia.

    Which enables Peter to return to his beloved GB to mastermind operations in Europe where various countries have expressed serious interest in IPC's technology ... Hungary and some Balkan states, for sure (according to my research).

    And so, into retirement (when the time comes) ... a g By goodflyingduck
  • Oh ! I forgot ... SASB so's I can buy lots of .. by goodflyingduck
    Thu, 28 Aug 2014 09:57:00 GMT

    ... confetti for the Wedding ! Or I could just offer a free shredding service to the holders of some AIM-listed Co's shares which I shan't mention ... well, I might. But not here, not now ... don't want to sour the mood of the upcoming celebrations ! GFD By goodflyingduck
  • Re: Still averaging down, Leicesterboy ? by goodflyingduck
    Thu, 28 Aug 2014 09:52:00 GMT

    OK ... I give up, It wasn't you ! Do wonder who it was, then ... must be an ii. Surely, no pi would go 30+% over the mid-price quote for the sake of a single transaction ... we'd all be nibbling away in bite size pieces, wouldn't we, if only so as not to propel the sp upwards ?

    And, if it was an ii, they ain't gonna stop there. Let's see when the next 500K buy comes in.

    Of course, it could be RUR's new putative JV Partner in Chile ... that would make perfectly good sense; buy-in sooner than signing off the deal when they would be bound by AIM Rules to reveal their hand (as a connected person) and, by which time the sp would be well above even the 8.5p they paid. Why ? Because, IMHO, when the News does come out (the result of the Chilean Beauty Contest), the sp here is going to fly ... especially if it transpires that RUR married the winner !

    I wonder if, even now (in the way these things work), the Bans are being read ... perversely in a News blackout ? Makes sense, non ?

    GFD By goodflyingduck
  • Re: Still averaging down, Leicesterboy ? by Leicesterboy
    Thu, 28 Aug 2014 08:15:00 GMT

    Now GFD, it was not me I promise !
    LB By Leicesterboy
  • Re: Still averaging down, Leicesterboy ? by swooped
    Thu, 28 Aug 2014 06:58:00 GMT

    You'll do well from that, I'm still here fully invested but with a new contract to fulfil just a little bit busy so less time to visit, will look in tonight for a proper check up on proceedings, hang in there guys, can't be long now. By swooped
  • Still averaging down, Leicesterboy ? by goodflyingduck
    Wed, 27 Aug 2014 17:31:00 GMT

    100K @ 6.12 ... now, where's my abacus ?!


    GFD SASB - no particular reason ... force of habit, I guess (bit like that first cigarette & cup of coffee of a morning !) By goodflyingduck
  • swooped by All-is-fair
    Sat, 30 Aug 2014 22:13:14 GMT

    Seriously, the argie situation is totally relevant, its 20 mil revenue a year. You are dreaming if you think it is a minor issue.
  • RE: tp3 by Swooped
    Sat, 30 Aug 2014 17:06:29 GMT

    All to much effort being expended on this subject, it seems to me there is a lot of insecurity, I of course still feel totally secure, as you would expect. Just relax all and wait and see, the constant minute by minute updates will make no difference to the eventual outcome here which will be positive for all if you can not let your nerves (or AIF) get the better of you.
  • tp3 by All-is-fair
    Fri, 29 Aug 2014 22:35:33 GMT

    Nope, its hard to understand where rur is currently until the interims are out. Too many variables and who knows what the argies and holdouts are doing.
  • RE: last weeks movement by testpack3
    Fri, 29 Aug 2014 22:11:15 GMT

    Hi a-i, f., do u have a figure off the top of your head for RUR exposure in Arg.?
  • last weeks movement by All-is-fair
    Fri, 29 Aug 2014 09:47:04 GMT

    Looks like it was all about the argies in the end. Its looking grim for the peso unless a rabbit is pulled from the hat.
  • 3rd sep by All-is-fair
    Thu, 28 Aug 2014 09:42:30 GMT

    Senate vote. Anything other than a no is going to be a bit of a nasty. A no vote will force the argie govt to pay up and the argie govt can blame the opposition. Im thinking it will be yes sadly.
  • tp3 by All-is-fair
    Wed, 27 Aug 2014 16:15:18 GMT

    Anyone investing in rur was investing in bolivia.
  • RE: tp3 by testpack3
    Wed, 27 Aug 2014 13:54:22 GMT

    I agree a-i-f, the Bolivians screwed RUR, but the BOD knew the risks when it invested our money in Bolivia. DYOR BOD. However, the arbo award was shameful, and I have no idea who, how, presented RUR's case. To only get back yr initial outlay, with nowt for the years of hard work, mindboggling. BUT, the Birdsong fiasco got me with Earl. There must have been alternatives, and he chose to ignore them, or worse, wasn't aware of any. Of course I take it on the chin, it's not life changing money I'm down, but it's my money. and I hope that PDMR use my money in the best possible way. Obviously, I am not of that opinion with this BOD. In future, when investing in a 'new' stock, I'll check linkedin for CEO's pofile. If he(she) went thru Kennedy - forget it ! . lol and GL
  • debt swap debate today by All-is-fair
    Wed, 27 Aug 2014 12:13:09 GMT

    Hold on to your hats!!
  • tp3 by All-is-fair
    Wed, 27 Aug 2014 11:25:07 GMT

    Rur got triple whammied by the arbitration, hardly earl's fault. If you want to blame someone then best to write a letter to bolivia, the lender or the arb panel. Or take a look in the mirror and ask yourself why you have held. earl and co are a quarter beyond this debacle so best look to the future and take your punches.
  • RE: stu by stubluekpl
    Wed, 27 Aug 2014 11:12:42 GMT

    of course I know that mate. only too well unfortunately! what I am getting at is that this seems to be going nowhere lately. im still holding and hopefully this will turn the corner soon. atb
  • RE: tp3 by testpack3
    Wed, 27 Aug 2014 10:32:32 GMT

    There's an old saying in golf ' you're only as good as your last shot' - apply this to Earl, and he's 'out of bounds'. I'm not going to trawl through rns's, but he actually said that he hoped to return to shareholders, a substantial part of the arbitration award. Well, Birdsong had most of that. A Kennedy scholar! It's probable that the Birdsong contract negotiators were not Kennedy, but rather from the school of ' when they are down, hit them harder'. It's not golf, but you do not get rolled over. All IMHO of course. lol
  • gloom and doom from db by All-is-fair
    Wed, 27 Aug 2014 09:31:57 GMT

    They estimate the ars will drop another 25 percent over the next 6 months. Time to look towards chile and peru and forget about argentina for a year or so.
  • stu by All-is-fair
    Wed, 27 Aug 2014 07:46:14 GMT

    Its aim, your investment really can go down as well as up.
  • RE: tp3 by stubluekpl
    Wed, 27 Aug 2014 06:48:48 GMT

    yes they have been walloped. no doubt but try telling that to people that have invested in the last year at over 11p