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Kerta Bumni Teknindo acquisition by Aggreko highlights opportunities to address Indonesia power shortages – Andalas Energy & Power (ADL)

On Wednesday June 14th, Aggreko plc (AGK) announced that it had acquired KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company for a maximum consideration of $32.8m equating to 1 times net asset value. 

KBT has around 200MW of diesel and gas contracts on hire with the local utility company PLN, which adds to the 140MW that Aggreko has contracted. KBT was established in 1993 and has successfully been serving the power rental market since 2010.    

Aggreko CEO Chris Weston said: “Aggreko has had a long and productive relationship with PLN and Indonesia, and this acquisition will deepen this further. PLN has been clear in its ambition to improve the power situation in East Indonesia in particular, and we will be well placed to support this with our extended presence and competitiveness.”

This acquisition once again highlights the scale of the power shortages in Indonesia, and the opportunities the situation creates for innovative power solutions, such as the wellhead IPP (independent power project) solution under development by Andalas Energy & Power Plc (ADL), in collaboration with state energy company PT Pertamina.

Andalas’ strategy is to develop a portfolio of wellhead IPPs totalling between 250MW and 500MW of installed capacity, fired with gas from existing fields.

Daily Actions – UK Main & AIM markets 25022016

IntellisysLogoDaily Actions is a daily summary analysis of changes in short term actions from our Daily Recs – AIM and Daily Recs Main markets reports. This report is typically distributed before the open of trading in London.

AIM Market

ST Rec. changed
Basic Resources From To
Centamin Neutral Sell
Chaarat Gold Holdings Buy Neutral
Horizonte Minerals Buy Neutral
Jubilee Platinum Neutral Buy
Mariana Resources Buy Neutral
Regency Mines Neutral Buy
Stellar Diamonds Buy Neutral
Construction    
Michelmersh Brick Holdings Buy Neutral
Mountfield Group Buy Neutral
Financial Services    
Amphion Innovations Buy Neutral
FastForward Innovations Buy Neutral
Tengri Resources Buy Neutral
Manx Financial Buy Neutral
Fairpoint Group Buy Neutral
First Property Group Buy Neutral
Fletcher King Buy Neutral
Impax Asset Management Group Buy Neutral
Polar Capital Holdings Buy Neutral
Food & Beverage    
Purecircle Buy Neutral
Wynnstay Group Buy Neutral
Health Care    
Omega Diagnostics Group Buy Neutral
Industrial Good & Services    
Cap-XX Neutral Buy
Croma Security Solution Group Buy Neutral
Hargreaves Services Buy Neutral
Nakama Group Buy Neutral
The Kellan Group Buy Neutral
Synectics Sell Neutral
Sutton Harbour Holdings Neutral Buy
Tangent Communications Sell Neutral
Oil & Gas – Explorers    
Ascent Resources Buy Neutral
Independent Resources Buy Neutral
Retail    
Stanley Gibbons Group Buy Neutral
Technology    
Simigon Buy Neutral
Travel & Leisure    
Minoan Group Buy Neutral
Utilities    
OPG Power Ventures Buy Neutral

 

Main Market

ST Rec. changed
From To
Aerospace & Defence
Smiths Group Neutral Buy
House Construction    
Persimmon Neutral Sell
Engineering & Machinery    
Halma Neutral Sell
Weir Group Buy Neutral
Food Producers & Processors    
Associated British Foods Neutral Sell
General Retail    
Burberry Group Neutral Buy
Darty Sell Neutral
Leisure & Hotels    
Mitchells & Butlers Buy Neutral
Media & Entertainment    
Pearson Neutral Buy
Photo-Me International Sell Neutral
St. Ives Neutral Sell
Personal Care & Household Products    
McBride Neutral Sell
Pharmaceuticals & Biotechnology    
BTG Buy Neutral
Real Estate – REIS    
CLS Holdings Buy Neutral
Support Services    
Aggreko Neutral Buy
Bunzl Neutral Sell
Dignity Neutral Sell
G4S Buy Neutral
RPS Group Buy Neutral
Telecommunication Services    
Cable & Wireless Communications Sell Neutral

 

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Intellisys Intelligent Analysis Limited (‘Intellisys’) does not make personal recommendations. The information in this publication is provided solely to enable you to make your own investment decisions. If you are unsure about dealing in shares and other equity investments, you must contact your financial adviser as these types of investments may not be suitable for everyone. The value of stocks and shares, and the income from them, can fall as well as rise and you may not get back the full amount you originally invested. If denominated in a foreign currency, fluctuations in the exchange rate will also affect the value of stocks and shares and the income from them. Past performance is not necessarily a guide to future performance. You agree to abide fully with Intellisys’ Term & Conditions, which are available to www.intellisys.uk.com

 

The full reports are available from Intellisys Intelligent Analysis website (www.intellisys.uk.com) by clicking on the ‘Research’ tab.

 

DISCLAIMER: Intellisys Intelligent Analysis Limited has prepared this report. Intellisys (“Intellisys”) is the trading name of Intellisys Intelligent Analysis Limited. Intellisys Intelligent Analysis Limited is a provider of financial research reports that indicate the possible value of quoted company shares. The information contained within any and all of Intellisys’ reports are designed to present an objective assessment of the possible value or relative value of a company and/or an actuarial sector or stock market index. Intellisys utilises as extensive as possible range of valuation tools and proprietary systems to derive its outputs. The base data for the models are derived from sources believed to be accurate but Intellisys Intelligent Analysis Limited does not warrant or guarantee the accuracy or reliability of the source data or its models and proprietary systems. Subscribers, and casual readers, should not rely upon the Intellisys’ research outputs when forming specific investment decisions but should seek advice specific to their situation and investment requirements from a person authorised under the Financial Services and Markets Act 2000, before entering into any investment agreement.Intellisys Intelligent Analysis Limited has used reasonable care and skill in compiling the content of this report. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness or accuracy of the information and no responsibility or liability is accepted to the accuracy or sufficiency of any of the information, for any errors, omissions or misstatements, negligent or otherwise. In no event will Intellisys Intelligent Analysis Limited, Intellisys or any of its officers, employees or agents be liable to any other party for any direct, indirect, special or other consequential damages arising from the use of this report.The Intellisys Intelligent Analysis Limited and/or Intellisys reports are not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Intellisys Intelligent Analysis Limited and/or Intellisys information may be prohibited. Persons in respect of whom such prohibitions apply must not access the Intellisys Intelligent Analysis Limited and/or Intellisys reports. Neither this document, nor any copy in whatever form of media, may be taken or transmitted into the United States, Canada, Australia, Ireland, South Africa or Japan or into any jurisdiction where it would be unlawful to do so. Any failure to comply with this restriction may constitute a violation of relevant local securities laws. Recipients of Intellisys Intelligent Analysis Limited and/or Intellisys reports outside the UK are not covered by the rules and regulations made for the protection of investors in the UK.Any user distributing information taken from any Intellisys Intelligent Analysis Limited or Intellisys report and/or the Intellisys website, in whatever form, to any other person, agrees to attach a copy of this Disclaimer and the Terms and Conditions of Use pages and obtain the agreement of such other person to comply with the terms set forth.

Intellisys’ published reports are published for information purposes and only available to market counterparties, high net-worth and sophisticated individual investors.

No Intellisys report constitutes an offer or invitation to trade, sell, purchase or acquire any shares or other financial instruments in any company or any interest therein, nor shall it form the basis of any contract entered into for the sale of shares or any other financial instrument in any company.

Intellisys Intelligent Analysis Limited believes that the information within each and any of its reports to be correct, but its accuracy or completeness cannot be guaranteed. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness of the information and no responsibility or liability is accepted for the accuracy or sufficiency of any of the information, for any errors, omissions or mis-statements, negligent or otherwise.

Intellisys Intelligent Analysis Limited (including its Directors, employees and representatives) or a connected person may have positions in or options or other financial instruments on any of the securities mentioned within a report, and may buy, sell or offer to purchase or sell such securities from time to time, subject to restrictions imposed by internal rules.

Subscribers, and casual reader, are reminded that the value of any financial instrument may go up or down and that past performance is not necessarily a guide to future performance.

Intellisys Intelligent Analysis Limited is not registered with or regulated by any financial regulatory authority and does not offer, provide or purport to provide or offer investment advice. Intellisys Intelligent Analysis Limited can be contacted at Woodfield Cottage, The Street, Mortimer, Berkshire, United Kingdom RG7 3DW.

 

Daily Actions – UK Main & AIM markets 18012016

IntellisysLogoDaily Actions is a daily summary analysis of changes in short term actions from our Daily Recs – AIM and Daily Recs Main markets reports. This report is typically distributed before the open of trading in London.

AIM Market

ST Rec. changed
From To
Chemicals
Byotrol Buy Neutral
Plant Healthcare Neutral Buy
Financial Services
ADVFN Strong Buy Buy
Zoltav Resources Buy Neutral
Tiziana Life Sciences Neutral Buy
Industrial Good & Services
James Latham Neutral Sell
Kennedy Ventures Buy Neutral
Yolo Leisure & Technology Neutral Buy
Synectics Neutral Sell
Media
Mirada Neutral Buy
Oil & Gas – Explorers
Independent Resources Strong Buy Buy
Oil & Gas – Producers
Plexus Holdings Strong Buy Neutral
President Petroleum Neutral Buy
Technology
1Spatial Buy Neutral
NetDimensions Holdings Sell Neutral
Zoo Digital Group Buy Neutral

 

Main Market

ST Rec. changed
From To
Banks
Lloyds Banking Group Neutral Buy
Beverages
SAB Miller Neutral Sell
Heavy Construction
Henry Boot Neutral Sell
Engineering & Machinery
Castings Sell Neutral
Fenner Neutral Buy
Hill & Smith Neutral Sell
Food Producers & Processors
Cranswick Neutral Sell
Unilever (UK) Neutral Sell
Household Goods & Textiles
Headlam Group Neutral Sell
Leisure & Hotels
Mitchells & Butlers Buy Neutral
Restaurant Group Buy Neutral
Life Assurance
Chesnara Sell Neutral
Media & Entertainment
Informa Neutral Sell
St. Ives Neutral Sell
Personal Care & Household Products
Reckitt Benckiser Group Neutral Sell
Real Estate – REIS
J Smart Neutral Sell
Support Services
Aggreko Neutral Buy
Compass Group Neutral Sell
Michael Page International Buy Neutral
Rexam Neutral Sell
Telecommunication Services
BT Group Neutral Sell
Utilities
National Grid Neutral Sell

RISK WARNING

Intellisys Intelligent Analysis Limited (‘Intellisys’) does not make personal recommendations. The information in this publication is provided solely to enable you to make your own investment decisions. If you are unsure about dealing in shares and other equity investments, you must contact your financial adviser as these types of investments may not be suitable for everyone. The value of stocks and shares, and the income from them, can fall as well as rise and you may not get back the full amount you originally invested. If denominated in a foreign currency, fluctuations in the exchange rate will also affect the value of stocks and shares and the income from them. Past performance is not necessarily a guide to future performance. You agree to abide fully with Intellisys’ Term & Conditions, which are available to www.intellisys.uk.com

The full reports are available from Intellisys Intelligent Analysis website (www.intellisys.uk.com) by clicking on the ‘Research’ tab.

DISCLAIMER: Intellisys Intelligent Analysis Limited has prepared this report. Intellisys (“Intellisys”) is the trading name of Intellisys Intelligent Analysis Limited. Intellisys Intelligent Analysis Limited is a provider of financial research reports that indicate the possible value of quoted company shares. The information contained within any and all of Intellisys’ reports are designed to present an objective assessment of the possible value or relative value of a company and/or an actuarial sector or stock market index. Intellisys utilises as extensive as possible range of valuation tools and proprietary systems to derive its outputs. The base data for the models are derived from sources believed to be accurate but Intellisys Intelligent Analysis Limited does not warrant or guarantee the accuracy or reliability of the source data or its models and proprietary systems. Subscribers, and casual readers, should not rely upon the Intellisys’ research outputs when forming specific investment decisions but should seek advice specific to their situation and investment requirements from a person authorised under the Financial Services and Markets Act 2000, before entering into any investment agreement.Intellisys Intelligent Analysis Limited has used reasonable care and skill in compiling the content of this report. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness or accuracy of the information and no responsibility or liability is accepted to the accuracy or sufficiency of any of the information, for any errors, omissions or misstatements, negligent or otherwise. In no event will Intellisys Intelligent Analysis Limited, Intellisys or any of its officers, employees or agents be liable to any other party for any direct, indirect, special or other consequential damages arising from the use of this report.

The Intellisys Intelligent Analysis Limited and/or Intellisys reports are not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Intellisys Intelligent Analysis Limited and/or Intellisys information may be prohibited. Persons in respect of whom such prohibitions apply must not access the Intellisys Intelligent Analysis Limited and/or Intellisys reports. Neither this document, nor any copy in whatever form of media, may be taken or transmitted into the United States, Canada, Australia, Ireland, South Africa or Japan or into any jurisdiction where it would be unlawful to do so. Any failure to comply with this restriction may constitute a violation of relevant local securities laws. Recipients of Intellisys Intelligent Analysis Limited and/or Intellisys reports outside the UK are not covered by the rules and regulations made for the protection of investors in the UK.

Any user distributing information taken from any Intellisys Intelligent Analysis Limited or Intellisys report and/or the Intellisys website, in whatever form, to any other person, agrees to attach a copy of this Disclaimer and the Terms and Conditions of Use pages and obtain the agreement of such other person to comply with the terms set forth.

Intellisys’ published reports are published for information purposes and only available to market counterparties, high net-worth and sophisticated individual investors.

No Intellisys report constitutes an offer or invitation to trade, sell, purchase or acquire any shares or other financial instruments in any company or any interest therein, nor shall it form the basis of any contract entered into for the sale of shares or any other financial instrument in any company.

Intellisys Intelligent Analysis Limited believes that the information within each and any of its reports to be correct, but its accuracy or completeness cannot be guaranteed. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness of the information and no responsibility or liability is accepted for the accuracy or sufficiency of any of the information, for any errors, omissions or mis-statements, negligent or otherwise.

Intellisys Intelligent Analysis Limited (including its Directors, employees and representatives) or a connected person may have positions in or options or other financial instruments on any of the securities mentioned within a report, and may buy, sell or offer to purchase or sell such securities from time to time, subject to restrictions imposed by internal rules.

Subscribers, and casual reader, are reminded that the value of any financial instrument may go up or down and that past performance is not necessarily a guide to future performance.

Intellisys Intelligent Analysis Limited is not registered with or regulated by any financial regulatory authority and does not offer, provide or purport to provide or offer investment advice. Intellisys Intelligent Analysis Limited can be contacted at Woodfield Cottage, The Street, Mortimer, Berkshire, United Kingdom RG7 3DW.

 

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