Jump to content

rene in geneva

  • Posts

  • Joined

  • Last visited

Posts posted by rene in geneva


    In reply to: chimera on Monday 22/12/08 10:48pm

    Well put chimera, these tossers like to kid themselves they're merging with CSL or JNJ.

    Shut the door auction everything, and forget it ever happened. This is all that is left of AMRAD, another biotech investment disaster, lots of trips, meetings and patting each other on the back but achieving zilch! http://www.sharescene.com/html/emoticons/lmaosmiley.gif



    In reply to: theadder on Monday 10/11/08 10:12am

    Like a headless chook, arana can get up on and present to the world how much money we have, late stage everything (including delivery of promises). Who needs a head. lets just leave the dog and the monkey where they are! http://www.sharescene.com/html/emoticons/grrr.gif




    In reply to: theadder on Thursday 06/11/08 09:46am

    I reckon I had as much to do with the sale of Domantis as Chiplin did. . Success has a many fathers, failure is an orphan. Looks likwe will be back hearing "poised for growth" again. ho hum http://www.sharescene.com/html/emoticons/weirdsmiley.gif


    WTF! Chiplin sneaks away, what does he know that we don't? It won't be long before the consequent explanation is released......... http://www.sharescene.com/html/emoticons/thumbdown.gif


    So how many board members do they think they need? http://www.sharescene.com/html/emoticons/weirdsmiley.gif

    I'm a bit sick of reading glowing career references on these yanks, who then stay on for a year and moving on having achieved F/A.

  1. In reply to: donnaleighh on Wednesday 01/10/08 06:04pm

    DUBAI, Sept 27 (Reuters) - Iraq has signed preliminary deals worth billions of dollars with General Electric Co and Siemens (Xetra: 723610 - news)


    for equipment to almost double electricity generation capacity, an energy official said on Saturday.


    The deals with GE, Siemens and a third company would be worth a total of $7 billion to $8 billion, Iraq's Electricity Minister Karim Waheed told Reuters.


    Years of war, sanctions and neglect have battered Iraq's power grid and the country suffers chronic power shortages. The capital Baghdad receives only a few hours of electricity a day. The deals would mark a big step in the country's reconstruction, Waheed said.


    'These deals will help us to end the electricity supply problem by 2012,' Waheed said on a private visit to the United Arab Emirates.


    Iraq signed a memorandum of understanding (MOU) earlier this month for U.S. giant General Electric (NYSE: GE - news) to supply turbines to generate 6,800 megawatts of power, Waheed said.


    He declined to say how much Iraq would pay GE for the equipment, but said each megawatt would cost between $700,000 and $800,000. That would give a value of between $4.8 billion and $5.4 billion.


    The country has signed a second MOU with Germany's Siemens to supply equipment to generate another 2,000 MW, he added. That deal would be worth between $1.4 billion and $1.6 billion.


    Baghdad was negotiating with a third company for another 1,000 MW, he said, declining to give further details.


    The three deals would enable Iraq to add around 10,000 MW to installed capacity by around 11,000 MW. Damage to the power stations, lack of maintenance and drought mean Iraq's actual power production is well under capacity at around 5,500 MW.


    Demand stands at around 11,000 MW, Waheed said.


    Iraq plans to approach engineering, procurement and construction (EPC) firms to build the plants once the deals are signed, he added.


    While big international companies were still reluctant to send people to work in Iraq, improvements in security had improved Baghdad's chances of attracting companies to undertake the work, he said.


    Iraqi oil officials will meet Russia's Technoprom Export on Oct. 12 to review a $124 million deal to repair 400 MW of power generation capacity in the southern city of Basra.


    The World Bank will fund the deal, he added.


    The deal was one of several frozen after the U.S.-led invasion of Iraq in March 2003. Iraq is also negotiating with Russia's Power Machines to revive another old deal to build two plants with 160 MW of capacity each in Iraq's north, he added.


    Iraq signed a deal with GE for three power plants worth $480 million in June.


    (Editing by Janet Lawrence) Keywords: IRAQ GE/SIEMENS


    In reply to: blueice on Thursday 28/08/08 03:24pm

    certainly is http://www.sharescene.com/html/emoticons/cool.gif


    In reply to: theking on Saturday 23/08/08 09:06am

    Relax, I do own plenty of them, and agree. I you want to get going in the air here, this is the easiest and cheapest entry.


    I believe it went up so high because the shorters felt the vice tightening around their castagnas, and had to cover. Once done , down she goes again. It will flop around some more no doubt.


    What the hell is going on here! No one wants to touch it a month ago, and now it doubles, is it SIA moving in or is it the alignment of Pluto? http://www.sharescene.com/html/emoticons/ohmy.gif


    Well, not much point going to the egm today, was like a labor caucus meeting, numbers already racked, packed and stacked. And so the they should be, no need to look less effective.


    I don't think Aussie shareholders feature large in the AAH cunning plan, and

    i don't blame the management for that. At least they now have a large shareholder who is supportive and patient


    I wonder when the buy side will disappear again, so Mr 20% can punish us again?

    This looks like a knowledge divide to me, especially with the PSP on the agenda next week. http://www.sharescene.com/html/emoticons/thumbdown.gif


    In reply to: LIVERPOOL on Friday 25/07/08 10:19am

    Fair enough L,

    but the remuneration for all the execs jobs would have thrashed out before they started, so it seems very opportunistic on their behalf to choose a bombed out price as the point from which to choose "performance". In fact I think they already know that the performance hurdles will be met within the time frame specified, so I will be waiting with my my cynical optics on.


    In reply to: dee27 on Thursday 24/07/08 11:55am

    I hope they are going to negotiate on the MCB fees, though with their track record they could end up increasing the bill! http://www.sharescene.com/html/emoticons/grrr.gif


    QUOTE (guzzi @ Thursday 24/07/08 02:28pm)

    No offence taken here mate.

    I too wish management would spend less time trying to work out a way past grumpy shareholders with a plump executive bonus scheme, instead of coming up with a corporate transaction that the shareholders say is a "f##%king ripper deal!"


    IE:Less time with consultants, and more time pouring over strategy


    I was told once by a BIO analyst that when you first look at biotechs, you "initially are seduced by the science, but eventually you realise that it is the management that makes the difference"


    The ony reason that CSL has had such a great run over the past 5 years is they used their monopoly position in Australia to remove their exposure to a global over supply of blood products. If they had been forced to supply at Global prices, their postion now would be entirely different. Off the subject a bit and I apologise, but it does show that, a clever bit of corporate thinking can cover the unexpected bumps that can occur in an otherwise well thought out plan.

    Let alone a half baked one: calling Evogenex T/O a merger is like a quote from "The Hollowmen"on ABC. http://www.sharescene.com/html/emoticons/weirdsmiley.gif


    QUOTE (Bryce @ Thursday 24/07/08 12:31pm)

    Take over talk,

    We have been down this path so many times and for every different possible reason. The trouble is the Maginot Line of comfortable excutive largesse.


    It would be extremely improbable that any biotech does anything unless it was like AMRAD (and the major shareholder does it behind their backs), and in that case Thorney owned 65% from memory.


    So put the T/O idea in the shredder, cause it ain't gonna happen. http://www.sharescene.com/html/emoticons/thumbdown.gif


    This takeover speculation doesn't make sense to me.


    Isn't it easier to deal with one motivated major shareholder than try and tempt many individual shareholders (who admittedly did not want the shares in the first place) to sell. I must be missing something. I thought the in specie distibution would be a negative for the share price ie: a big over hang of willing sellers who just want the cash. http://www.sharescene.com/html/emoticons/stun.gif

  • Create New...