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Voltalia Ord Shs VLTAF

Utilities Utilities - Independent Power Producers Utilities
Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.


PINL:VLTAF - Post by User

Voltalia Ord Shs > Is this Good news or Bad news? - | Report abuse
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Comment by VentureTrader1on Jul 13, 2013 11:27am
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Post# 21605869

RE:RE: RE:RE:Is this Good news or Bad news? - | Report abuse

RE:RE: RE:RE:Is this Good news or Bad news? - | Report abuseWell, I don't think he would agree, and I don't think he'd say otherwise if he did,  but it would be rare to find a CEO of a dying company who was willing to acknowledge that reality publicly.  When the company's on it's last legs, their job is to put a happy face on things and hope for a miracle.

It was nice of him to reply to you, though.  YI don't really doubt management''s integrity, but I think they've been overoptimistic for too long, and this change is way too late in the game to help.

The only good thing about this news is that it was released right at the point in time when the entire sector seems to be setting up for its next big leg down (barring some serious buying early next week).  With this news in that context,  the price will probably now drop to the point where the company trades for less than cash in the bank (I guess that would be about .06).

And if you think that prediction is gloomy, well I've been pretty negative about price prospects since the failure to raily much past .80 last September, and if anything I haven't been pessimistic enough about the company.
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