Stock data
| Market cap. | £19.5m |
| Last close | 28.25p |
| High / Low (52 weeks) | 69.5p / 24.1p |
| Stock market listing | AIM |
| Forecast net cash (£m) | 19.3 |
| Forecast gearing ratio (%) | N/A |
| Team | Industrials |
| Sector | Alternative Energy |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (8.13) | 6.6 | (42.35) |
| Relative * | (3.62) | 15.36 | (36.64) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (£m) | EBITDA (£m) | PBT (£m) | EPS (fd) (p) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 0.0 | (3.0) | (4.5) | (7.1) | N/A | N/A |
| 2011A | 0.0 | (3.6) | (3.5) | (5.4) | N/A | N/A |
| 2012E | 0.0 | (2.7) | (2.6) | (4.0) | N/A | N/A |
| 2013E | 0.0 | (2.8) | (2.6) | (4.0) | N/A | N/A |
Last updated on 11/05/2012
Latest research
Mind the value gap
Update | Alternative Energy | 10/05/2012
Corporate update
Update | Alternative Energy | 29/02/2012
Position strengthened
Update | Alternative Energy | 13/10/2011
Value and growth
Outlook | Alternative Energy | 01/09/2011
Cash delivery
Update | Alternative Energy | 13/06/2011
RWE opportunity
Update | Alternative Energy | 20/05/2010
Round 3 site award
Update | Alternative Energy | 08/01/2010
Building on change
Review | Alternative Energy | 27/10/2009
Revolutionary change at Ramco
Update | Alternative Energy | 07/09/2009
Iraq strategy remains prospective
Update | Oil & Gas | 20/07/2009
Winds of change
Outlook | Alternative Energy | 03/03/2009
Investment summary
After the proposed return of value to shareholders, which we expect to take place later this summer (10p/share), the future of SeaEnergy will depend on its ability to develop its offshore wind service business. Success in this area should help close the gap between SeaEnergy’s market price and the value of its underlying assets.
Last updated on 10/05/2012
Industry outlook
According to the DECC, offshore wind has a critical role to play in delivering the UK's renewable energy targets. Analysis performed by Arup, for DECC, suggests that installed capacity could reach 23.5GW by 2020 and 52GW by 2030.
Last updated on 23/04/2012
Key management
| David Sigsworth, Chairman |
| John Aldersey-Williams , CEO |
| Chris Moar, CFO |
Company address
| Brittania House, Endeavour Drive Arnhall Business Park Westhill Aberdeenshire AB32 6UF United Kingdom +44 (0)1224 748480 View website |
