EDE - Eden Innovations

[daaussie]

Re: EDE - Eden Energy

Hi Moses and all, with your question moses, in my opinion,
Take a look at what is coming up with regards to Eden's announcements, these are not trival, the first one to come will probably be the one regarding conclusion of a significant agreement which will attract world media attention (the india conversion of public transport to hythane). World media and overseas investing may be the reason why you made 60% instead of your predicted 10% on them.

Anyway good call and have fun with it.

 

[numbercruncher]

Re: EDE - Eden Energy

TRADING HALT !!

 

[daaussie]

Re: EDE - Eden Energy

yeah look what my google search just came up with

http://www.greencarcongress.com/2006/11/delhi_to_introd.html
http://www.hythane.com/

 

[LifeisShort]

Re: EDE - Eden Energy

This sounds like a biggie......

 

[Snakey]

Re: EDE - Eden Energy

nice chart ...nice prospects....nice green stock...green the boom stock of 2007????

 

[noobs]

Re: EDE - Eden Energy

You can still take a position on this Snakey if you think the announcement is +ive through TAS which owns 30% of EDEN but hey you probably already know that.

 

[crazyjimsmith]

Re: EDE - Eden Energy

Announcement out!

 

[noobs]

Re: EDE - Eden Energy

An absolute cracker of an announcement which should give the share price a big kick along today. This company should really be put into the outstanding breakouts section not just for the sp but for the business and huge market potential for the Hythane engine. Go EDE & TAS

 

[numbercruncher]

Re: EDE - Eden Energy

What are we predicting ? Perhaps a 50pc jump in price today ?

 

[daaussie]

Re: EDE - Eden Energy

i am so happy now, santa came early to town!

Announcement is :

Highlights
• Agreement with bus manufacturer in India to develop Hythane ® bus engines;
• Four Indian Hythane ® demonstration projects planned for 2007
• Indian Government plans substantial step up in Natural gas supplies for vehicles over the next five years
Brehon signs deal with Ashok Leyland
Brehon Energy Ltd, a wholly owned subsidiary of Eden Energy Ltd, has entered into an
Agreement with Ashok Leyland, the flagship company of the trans national, Hinduja Group and leading manufacturer of buses in India, to develop Hythane ® versions of its Natural Gas bus engines to enable these engines to achieve very low emission levels comparable with the best engines currently available in the world.
In 1997, Ashok Leyland pioneered CNG buses in the Indian metro cities of Mumbai and Delhi and spearheaded the large-scale induction of this eco-friendly technology in the bus fleet of Delhi. Ashok Leyland currently manufactures 11,000 to 14,000 buses per year, and has a lion’s share in all metro state transport bus fleets in India. Its buses carry over 60 million passengers per day. With annual production capacity of 80,000 vehicles, it is also a major manufacturer of trucks and defence vehicles.
Two test engines have already been despatched to Colorado, USA, and it is hoped that they will be ready for return to India by the end of January or sometime during February 2007. The engines will then be tested and used in various demonstration projects in India. At present, there are four demonstrations planned for 2007 in major cities where Natural Gas is presently available(Delhi, Mumbai, Ahmedabad and Kanpur). Eden is confident that completion of these demonstration projects will lead to a progressive rollout of Hythane buses in India.
Under the terms of the Agreement which will operate until the end of 2016, Brehon will carry out the Hythane ® calibrations at its test facilities in Colorado, USA, and receive a royalty for providing the calibration to Ashok Leyland.
Indian Government expansion plans
The Indian Government recently announced that during the next five years it plans to facilitate the expansion of the Natural Gas pipeline network to make Natural Gas available to a very large percentage of vehicles in metro cities and towns in India. A huge increase in Natural Gas supplies is planned to cater to the enhanced requirement. It is anticipated that the number of Natural Gas buses will increase dramatically during the next five years, and Brehon aims to have a large percentage of these buses operating on Hythane ®. At present, Natural Gas sells at about 60% of the cost of diesel and this provides a great incentive for bus fleet operators to use Natural Gas as a vehicle fuel wherever it is available.
Enormous growth market for Brehon
This agreement provides Brehon with a tremendous base for its Indian operations, upon which it intends to expand into the generator market, truck market, locomotive market, cars (including taxi fleets) and three-wheeler (auto rickshaw) markets.
Brehon aims to establish Joint Venture
Brehon aims to establish a joint venture in India with a major Indian partner, and anticipates that the joint venture will derive revenue from various sources including royalties on Hythane ® engine calibrations, from the sale of equipment for the production and blending of Hythane ®, and the ongoing maintenance of such equipment, and from marketing of any consequential carbon credit benefits which may be derived from the conversion of engines to Hythane ® operation, potentially leading to a significant revenue stream for the Indian joint venture should the Hythane ® marketing program be successful.

 

[daaussie]

Re: EDE - Eden Energy

my prediction 75 cents.

 

[numbercruncher]

Re: EDE - Eden Energy

The announcement will go to the London and Indian exchange within the next 24hrs, Aussies are in a good position to jump on this before the big fish do !

Yes this should be a thread in Breakout alerts!

 

[numbercruncher]

Re: EDE - Eden Energy

Bit of a Boring response so far (10am), about a 10pc jump with about 2m EDE traded.

 

[Wilson!]

Re: EDE - Eden Energy

Why is it going backwards?
Manipulation?

Surely people realise the potential here. Not possible, but imminent?

 

[daaussie]

Re: EDE - Eden Energy

i just topped up on my holdings.

 

[nioka]

Re: EDE - Eden Energy

Why is it going backwards?
Manipulation?

Day traders with stop loss orders and the expected announcement before the opening of trading as per announcements.
I got caught with another buy of TAS at 23c.
I've emailed a complaint to the ASX for what it's worth.

 

[ekman]

Re: EDE - Eden Energy

The announcement will go to the London and Indian exchange within the next 24hrs, Aussies are in a good position to jump on this before the big fish do !

Yes this should be a thread in Breakout alerts!

IMO the london and indian fellas 've already made their money (how does one explain the jump before the trading halt)

 

[LifeisShort]

Re: EDE - Eden Energy

Excellent announcement. This co is going places. Remember this is only one of their babies. This is only the beginning

 

[constable]

Re: EDE - Eden Energy

Why is it going backwards?
Manipulation?

Surely people realise the potential here. Not possible, but imminent?

You do have to remember this stock has doubled in a very short amount of time at the end of the day this will bring about some degree of caution!

 

[skint]

Re: EDE - Eden Energy

A rare event this morning. A trading lesson for free. Some time ago I made it a rule to NEVER enter into the preopen trading auction after being burnt a couple of times. This rule has served me well. Today I decided to break the rule with EDE on the back of what can only be seen as a really good announcement. Still don't know how I missed out on the oppies but would be showing quite a loss by now. After I've peeled myself off the ceiling I might play it safe with a "bob-each-way" on TAS and EDE (at post mania prices). Still think these 2 have legs. No more preopens.