29-11-2010, 03:36 PM
29-11-2010, 09:53 PM
30-11-2010, 07:28 AM
30-11-2010, 07:30 AM
(29-11-2010, 09:53 PM)Nick Wrote: [ -> ]Noticed a press release from this company...(Not Vested)
The Think Environmental Co Ltd Secures Agreement to Sell Green Electricity from Three New Waste to Energy Sites in the UK
Singapore, November 29 2010 . The Think Environmental Co Ltd announced today that its investment in UK-based waste-to-energy specialist Think Greenergy Ltd (TGE) has secured an agreement to sell electricity generated from three new UK sites in Northamptonshire, Warwickshire and Nottinghamshire to leading UK energy supplier, npower Ltd. The three new sites when operational could potentially add
over £23.0 million (approximately S$46.0 million) per annum to TGE's revenue.
Notice that many press releases like to trumpet about "revenues", but in actual fact the more important measure(s) are profits and cash flows.....
06-12-2010, 07:09 PM
06-12-2010, 07:46 PM
26-05-2011, 05:16 PM
For those still interested.
The Think Environmental Co. (TTEC) released it's FY2011 results yesterday. (link here)
I think it's interesting to note that TTEC has divested/looking to divest all of its Environmental-related ('Green') business interests in order to go into Gold mining.
Call me skeptical but when a company isn't doing well in its core line (office furniture manufacturing) and chooses to diversify by going into flavours of the season (Eco-friendly business then subsequently Gold) and worse still, shows that it's not quite savvy enough to create new areas of growth (as evidenced by its exit from the Eco-friendly business), can an investor still trust management? Is there Value in such a company or is it just tikum-tikum and hope for the best?
My personal verdict is: Investors beware.
Btw, check out this statement from TTEC regarding their exit from the Eco-friendly business. How did they overlook the fact that Power Generation Plants are a capital intensive affair and financing would be a key concern?
The Think Environmental Co. (TTEC) released it's FY2011 results yesterday. (link here)
I think it's interesting to note that TTEC has divested/looking to divest all of its Environmental-related ('Green') business interests in order to go into Gold mining.
Call me skeptical but when a company isn't doing well in its core line (office furniture manufacturing) and chooses to diversify by going into flavours of the season (Eco-friendly business then subsequently Gold) and worse still, shows that it's not quite savvy enough to create new areas of growth (as evidenced by its exit from the Eco-friendly business), can an investor still trust management? Is there Value in such a company or is it just tikum-tikum and hope for the best?
My personal verdict is: Investors beware.
Btw, check out this statement from TTEC regarding their exit from the Eco-friendly business. How did they overlook the fact that Power Generation Plants are a capital intensive affair and financing would be a key concern?
' Wrote:The primary reason for the disposals was that the gestation period for the projects that the two companies are involved in is taking longer than expected. The same applies to the Company’s investments in Industrial Power Technology Pte Ltd (“IPTâ€), Think Environmental Ltd (“TEâ€) and Think Greenergy Ltd (“TGEâ€).
IPT continues to face challenges in securing additional EPC (engineering procurement and construction) contracts for
biomass power generation projects as a result of project owners facing difficulties in obtaining financing while TGE
has difficulties securing financing to complete the waste to energy power generation plants.
26-05-2011, 05:18 PM
27-05-2011, 12:37 AM