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Seems to be a little concern going on here, My read is they are diversifying,and dividing between Kesh and Oshea keeping renewable purchases on one side, always going to be someone upset,
Not expecting any difference for UN-started Shala projects, shouldn't matter.
Pursuant to the EU Directive and the Law "On Power Sector", is already necessity of clearly defining the division of electricity operators, in accordance with their functions. In this sense, it is determined that Oshea,in view of its role as operator of distribution, to be the operator responsible for the purchase of electricity from renewable energy sources.
Buying power from private HPP, MEI: There is no contract violation
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.energjia.gov.al%2Fal%2Fnjoftime%2Fdeklarata-per-shtyp&edit-text=&act=url
Maybe Falak Holdings will step up here and take control of the transmission grid, who knows! someone will.
http://www.dgmarket.com/tenders/list.do?sub=operation-of-a-power-plant-in-Albania-65410000&locationISO=al
All IMO Top
Looks like shorts covering so they didn't have to pay the distribution , then they put pressure right back on the stock after forcing it down. It is going to take some good news or payout to break out of this cycle,then this stock will fly upward IMO. I'm holding a long position.
http://www.shortanalytics.com/getshortchart.php?tsymbol=aldw
I suspect the Algorithm on the stock has been increased or stopped, I have posted a small portion of comments below from months ago with a MM to help understand that we have been under a algorithm control.
With a bid/ask spread of yesterday of 5 cents to 9 cents all I can conclude is that with a 15 share buy from someone, something has changed for that much of a spread to move the stock price.
All IMO
Top
Once there is no order then cap reverts to it's normal algo for the next order placed. This means we would have to widen it again for another order.
Top: but it will move with the market on gap up?
MM: As the reference price (Last) changes the algo adjusts, but with Pink sheets out algo's are pretty conservative so likely another change would be needed.
You forgot IMO
IMO
Top
is 3power building before fiscal slippage?
Agency Standard & Poor's maintained Albania's long-term debt and short-term local currency and foreign at B + / B, with a stable outlook.
"We believe that sustained performance of Albania's economic and continuous improvement in consolidating the fiscal position is likely to continue, despite the risk of fiscal slippage due to the general elections of 2017 s or pressures of external funding," said S & P in a statement Friday afternoon.
"The prospect of stable reflects our view of risks balanced ranking of Albania during the next 12 months, as we expect that Albania will continue fiscal consolidation that is anchored in the agreement with the IMF, while inhibits the potential risks to the economy and politics her "the statement said.
S & P considers that a success story in the implementation of the reform of the judicial institutions of the country, in addition to improving the business climate, will make Albania to open EU accession negotiations during the next 12 months.
The government has already implemented some reform areas in recent years, such as pensions, local governments, and energy supply.
S & P expects Albania's economy will grow by an annual average of 3.7% during 2016-2019, with domestic demand will contribute more strongly to growth performance over the coming years, unlike past years when net exports have been the primary engine of growth.
Foreign investment TAP project and evaluated the Devoll HPP, which will finance the higher deficit of the current account is expected to be around 13% of GDP during 2016-2018.
Although the crisis in Greece will affect remittances, a diversification of their expected due to the migration of Albanians in other countries and are expected to remain at 7% of GDP from 13% of GDP in 2004-2008.
NPLs remain high at 18%, but it is expected that the amendments to reduce their impact.
S & P expects Albania's fiscal performance will remain stable during 2016-2019, as authorities will continue to make progress under an IMF program that aims at carrying out fiscal and structural reforms. As a result, S & P expects the general government debt will fall to 62% of GDP in 2019 from around 72% of GDP in 2015, while estimated growth of debt maturity.
However, the threat remains 2017's elections, along with the growth of arrears and economic slowdown due to political uncertainties.
S & P can increase the ranking, if structural reforms will create improved institutions, will strengthen investment, and grow revenues. Considerable reduction of government debt beyond current projections, along with potentially higher growth than expected economic, will be positive for the ranking.
S & P may lower the ranking, if the position of the Government Finance in order to deviate significantly from expectations, along with possible funding pressures. Ranking can also reduce significantly if the deterioration seen in the country's external position and ability to fund its deficit in the current account, which can occur if the availability of official external support would be uncertain.
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.gazeta-shqip.com%2Flajme%2F&edit-text=&act=url
At the end of June 2017, the PX shall be ready to commence operations of the Albanian power market in line with this Market Model.
Worth a read
https://www.linkedin.com/pulse/step-wise-establishment-albanian-power-exchange-dr-lorenc-gordani
IMO
Top
Nite is back trying to loosen shares
correct
Top
Just correcting my past post, I had thought for a long time they were related, I not sure where I conceived that idea from but got a good idea, I just wanted to clarify my finding for myself.
Best Regards
Top
I found this in the 10k and wanted to update,page 28 on family relationship
There are no family relationships between any director or executive officer
ITEM 10: DIRECTORS, EXECUTIVE OFFICERS, PROMOTERS AND CORPORATE GOVERNANCE
The following table presents information with respect to our current officers, directors and significant employees:
Name Age Position
Sharif Rahman 66 Chief Executive Officer, Chief Financial Officer and Director
Mohammed Falaknaz 49 Chairman of Board of Directors
Germany supports financially the construction of 400 kV transmission line Albania-Macedonia
Interesting Balkan energy is based out of Macedonia and also in UK
http://www.gazeta-shqip.com/lajme/2016/07/26/interkonjeksioni-shqiperi-maqedoni-gjermania-ndihmon-me-50-mln-euro/
Latest projects
07/22/2016
Notice for construction of the HPP "Duke", with installed capacity of up to 2MW
Notice for construction of the HPP "POLEMI", with installed capacity of up to 2MW
Notice for construction of the HPP "Vardar", with installed capacity of up to 2MW
21/07/2016
Notice for construction of the HPP "COTA COTA & 1", with installed capacity of up to 2MW
07/20/2016
Under Article 15 of Council of Ministers no. 822, dated 10.07.2015 "On approval of rules and procedures for the construction of new production capacity of electricity, which is not subject to concession", the Ministry of Energy and Industry informs as follows:
Company "Novosel PHOTOVOLTAIC POWER PLANT" Sh.p.k. expressed interest and submitted to the Ministry, the application for the construction of a park photovoltaic energy production from renewable sources, with a capacity of 50 MW, in the "Novosel", Vlore.
Full Notice
07/20/2016
Notice for construction of the HPP "Fushe Arrez", with installed capacity of up to 2MW
07/19/2016
Notice for construction of the HPP "PAMPAD", with installed capacity of up to 2MW
Notice for construction of the HPP "GOMINA GOMINA 1 & 2", with installed capacity of up to 2MW
Notice for construction of the HPP "CALORIES CALORIES 1 & 2", with installed capacity of up to 2MW
Notice for construction of the HPP "Verri & Oren Oren village", with installed capacity of up to 2MW
07/18/2016
Notice for construction of the HPP "MERKUTH 2", with installed capacity of up to 2MW
Yes indeed, politicians always have to drag it out to the end like our fiscal budgeting, glad it's over with and voting tomorrow.
Maybe our project can be rolled out soon, after they get done talking about reform the next few days.
Top
Very good observation Cvrr continues in a stage 4 decline, Until it levels and starts moving sideways in a stage 1 I will hold off also,
It may surprise us and create a V bottom,
ALDW is in a Stage 1 moving sideways nicely, I expect it to move into a stage 2 upward trend very soon. all IMO
I have not traded it before, but do now recall from the NTI board that a few of you didn't like it. Thanks
Jugs is WNR a MLP? I have not followed since NTI buyout,
I noticed they posted .38 cents dividend, not a distribution? is that anyway comparable to ALDW? Thanks for your thoughts
Top
Well all I want to suggest at this point is I have tried to look at this share structure from 2 different angles, The historical traded data from yahoo financial, and referencing raw filed SEC information.
IMO even if there is a variable change of even 5-10 million shares that may not be enough to hold this back if the news is announced in the correct orderly way with Falak Holdings being majority share holder, and projects commencing with financing.
All IMO
Top/PSPW
FYI
I just wanted this posted so someday it could be read on this board, Right or wrong.
Well that could mean we have 20 million plus shares still holding out of play here, (if there holding and not folding lol), that tightens things up substantially. Something to think about.
Top/Pspw
Well the cart had a electrical line issue, because I installed the new forward drive solenoid backwards(lol), The new replacement solenoids ships with the ends reversed, I didn't let it smoke to long (lol) Thank goodness for the internet. I just have to keep a hammer on the cart now. The starter needs a little motivating until my electrical brushes arrive. I might have to let this cart coast over a hydro dam.
Top
My guess is THESE ARE OUT
Bank Julius Baer & Co. Ltd. (1)
Bahnhofstrasse 36, P.O. Box,
CH-8010 Zurich 60,106,481
Power Andina Limited
Trust Company Complex
Ajeltake Road, Ajeltake Island
Majuro, Marshall Islands
MH 96960 7,404,665
Ecoserve Limited (2)
Attention: Dr. Knut Unger, Director
Trust Company Complex, Aieltake Road
Aieltake Island, Majuro, Marshall Islands
MH96960 0 20,000,000
with 216,073,438 issued out of 249,949,923 Which equals, Drum Roll!!!!
33,876,485 How many of these do we own?
All IMO from filings and estimates.
Top/Pspw
Here is the recorded share transfers, Which ones have gone, and which are still here? I have not calculated and subtracted from our total OS of 249,949,923 but this should give all a good idea where we are setting.
May 2012, 60,132 for services rendered
March 2013 50,000 former ceo U Bala
August 15, 2013 34,288,606
related party advances Falak holdings
December 2013 15,000,000 Salem Hani
March 2014, 7,968,328 Falak Holdings
March 2014 22,249,546 Falak Holdings
June/July 2014 20,330,996 Falak Holdings
September 2014 10,977,908 Falak Holdings
December 2014, 15,079,068 Falak holdings
BALKAN ENERGY LTD 12,710,923
Sharif Rahman 10,909,091
Seawind Energy 40,000.000
December 31, 2011 4,148,840 Falak Holdings
Ecoserve Limited (3) 20,000,000 see below also
Dimitris Kazantis 1,260,000 Hellenic settlement
Durrant 500,000 Ceo settlement
Bank Julius Baer & Co. Ltd. (1)
Bahnhofstrasse 36, P.O. Box,
CH-8010 Zurich 60,106,481
Power Andina Limited
Trust Company Complex
Ajeltake Road, Ajeltake Island
Majuro, Marshall Islands
MH 96960 b]7,404,665[/b]
Ecoserve Limited (2)
Attention: Dr. Knut Unger, Director
Trust Company Complex, Aieltake Road
Aieltake Island, Majuro, Marshall Islands
MH96960 0 20,000,000
(1) Holds as custodian for several indirect shareholders of the Company, as to which the Company has been advised that none of such indirect holders individually have greater than 4.9% ownership of shares of Common Stock and none of whom are subject to common control or group control over decision-making with respect to voting or disposition of such interests.
(2) Former sole shareholder of Seawind Energy Limited.
(3) Includes 1,260,000 shares of common stock held by Hellenic Technologies Ltd. Mr. Kazantis has voting and dispositive control over the securities held by Hellenic Technologies Ltd.
All IMO and best efforts to calculate
Top/PSPW
Well that's a good way to put it, I was more pivoting on the thoughts of would they want to disclose anything that they had enacted in the previous year before starting the shala projects this year.
As i have read a couple changes in the 10k that bring on more thoughts for processing, I will re-read it again soon, but right now I have a electrical golf cart issue that is draining my brain and consuming the few hours I have.
Thanks for everyone's thoughts and postings, it is hard waiting on developments, I'm just STAYING THE COURSE to see what happens.
Top/pspw
sure does and everything seems to be aligning
Top/pspw
very nice
Top
Important meeting happened today, to long to post here's link
https://translate.google.com/translate?sl=sq&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.energjia.gov.al%2Fal%2Fnjoftime%2Flajme%2Ftranzitimi-i-sigurte-i-energjise-shqiperia-mirepret-tryezen-e-energy-charter&edit-text=&act=url
Top/Pspw
I added the total shares traded this year thru 07-01-16 (2,389,200)to the 2013,2014,2015 total numbers traded since accumulation started(my estimate) which equals 33,619,700
They say there's a buyer for every seller?
SO
46,387,972 minus 33,619,700= 12,768,272
The Company is authorized share are 300,000,000 common stock.
The Outstanding shares=249,949,923
The recorded issued shares (WE FOUND)from the financials = approximately 203,561,951 shares
(249,949,923-203,561,951) tradable= 46,387,972
Do the math, how many shares do we own of 12 mill? is anyone really selling? something to think about.
all IMO
Top/PSPW
Interesting spread and volume this morning think or swim shows 121,848 volume 64.4k volume on Trade architect, they also list it as 3Power energy group inc. common stock, I had not noticed that before.
Top/pspw
Are they this smart?
The company is a partnership between 3Power Energy Group USA-major share holder(through its Irish wholly owned subsidiary “SHALA ENERGY PLC
Jugs all I know from looking at Aldw and Cvrr they are being shorted hard right now,
Im holding long in both right now and my account notifications on Cvrr have posted that there are no more shares available to borrow to short .
So now I speculate if any distribution is announced will it move these stocks from a stage 4 decline into a stage 2 pattern increase for the remainder of this year.
I don't short at this time in my trading but feel I have a somewhat good idea of seeing it happen now
Top
Here's a site with short info for future reference, if it helps
I follow Jugs, Pete, and catdaddy's,{Thanks} they have helped me understand these MLP stocks a little better even tho my average is not good right now.
It will be interesting to see how the chart changes here in the next couple weeks for reference. To me it is screaming buy, I have bought what I can and will hold for the end of the year. I'm thinking ALDW small float will probably lead to a couple days of larger moves by the end of the year,IMO
http://www.shortanalytics.com/index.php
Top
Forgot to post this.
01 July 2016
Another piece falling in place, the energy bourse
EBRD provides EUR 218 million loan to Albania for AEC
The European Bank for Reconstruction and Development (EBRD) supports the modernization of the Albanian Power Corporation (KESH), the largest generator of electricity in Albania, with a loan of 218 million euros to support the restructuring of the Company and the implementation of the reform package.
This will enable the company to focus on the maintenance of existing assets and implement a long-term investment program of modernization.
Under a comprehensive package of reforms, KESH will improve operational efficiency and corporate governance. Implementation of these changes will enable KESH to operate in accordance with regulatory requirements of the respective EU energy sector. These measures include the development of an energy bourse, regional integration and the formation of tariffs.
Hpp's that are being started in Albania,
Notification
07/04/2016
Notice for construction of the HPP "HEROVE", with installed capacity of up to 2MW
Notice for construction of the HPP "pine", with installed capacity of up to 2MW
Notice for construction of the HPP "MUSHTRI", with installed capacity of up to 2MW
Notice for construction of the HPP "FIORINA", with installed capacity of up to 2MW
HPP construction Press "LIGHT", with installed capacity of up to 2MW
Notice for construction of the HPP "ANTENA", with installed capacity of up to 2MW
From the article,
I had overlooked this clue weeks ago, as I expected the project to commence in June.
Shala's closest neighboring hpp's on Valbona by Gener2(the park area), They realize the financial responsibility of canceling these projects that the former Prime minister group brought in.
Gjiknuri: HPP Valbona, the analysis of all contracts
"We will assess all environmental standards"
All contracts awarded for the construction of HPPs in Valbona will be analyzed. So says Minister of Energy and Industry, Damian Gjiknuri, who says that the Albanian government has set up a working group to assess the situation. Among other things, he said that canceling the contracts would lead to a serious financial impact on the budget. "By order of the prime cream established a working group to see how we can address even the extreme measures such as concessionaires and can handle any damage in this regard. We will see all the environmental standards that were given these contracts. There is a working group that is being taken, but also to see how the options will mitigate the financial effects in case of a certain decision.
It is easy, you should establish ourselves in the position of a minister cancel Energy and say you one thing that creates a financial impact, because the liability is clear to all officials who take actions that absolutely worthless announced tomorrow, but can create financial effects, "explained Gjiknuri. According to him, Albania and Kosovo will now have easier energy connection, having completed the construction of 400 kV interconnection line. Gjiknuri minister said that this project, Albania could import cheaper power, but will have more opportunity to exchange with Kosovo.
"First, for the energy security of the country. Secondly, to develop our products better and increase energy exchange with neighbors and creates the possibility of a larger trade electricity. From all points of view, it brings stability to electricity prices, increased domestic production and import grandimit need, if you need based on the fact that Albania produces hydro energy, "said Minister of Energy. He also promised that next year will begin construction of another important energy project, it is the interconnection lines with Macedonia.
Good hearing from you If you still have her email I would appreciate it.
Top/Pspw
Administrator
Eleonora Ferizi Hasani
Director at Dukagjini Group
Kosovo
Executive Office
Current 1. Hydro Power "Shala Energy",Albania
Previous 1. DUKAGJINI GROUP
Education 1. English Language and Literature ,Pristina University
Experience
• Administrator
Hydro Power "Shala Energy",Albania
November 2014 – Present (1 year 8 months)
• Director
DUKAGJINI GROUP
May 1992 – May 2016 (24 years 1 month)
Top/PSPW