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To provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground based solar assets predominantly located in the UK.
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Same thing happens to me! Minute I buy the price always seems to drop even if price has been going up.
I Must apologise! I bought in today, and like everything I buy, it drops lol.
I do feel FSFL is a little under valved and pays good dividends quarterly. I will be holding long term.
What on earth is the backdrop to the share price fall?
Something we don’t know about?
This oncoming bust up can't do FSFL any harm, I'd imagine.
https://www.bloomberg.com/news/articles/2020-07-26/edf-denies-rising-chinese-influence-at-u-k-nuclear-site
I could be wrong, but I think it was mainly write downs
Can someone give any explanation why the big drop in EPS from 2018? EPS 2018 was 11.6, and EPS 2019 -1.89. That is a big drop?
Bought into this and instant profit..
I recall I had to complete an online questionaire before being allowed to buy them. Think it was AJ Bell, or was it HL(?) On a different computer to my portfolio spreadsheet so can't check at the moment. I recall IG also list GRID - as well as the above two platforms - so there's three which allow dealing in GRID. Out of interest which platform/broker are you using?
I looked at GORE but decided to buy GRID instead. They should both do well.
for some reason my brokers won't deal in GRID - although I have GORE which I am very pleased with.
With the recent pullback in share prices I bought into FSFL a couple of days ago along with NESF.
I now hold six renewables including BSIF, TRIG, JLEN + GRID (energy storage). With growing environmental pressure on the big oilies I wonder if any of the renewable companies are potential takeover targets? I hold RDSB and BP so have a vested interest.
yes I've also purchased FSFL & SWEF & TRIG for the dividends 5 to 6% on £200000 is about £10000 to £12000 a year enough to live off in retirement without touching the capital , if you reinvest and don't spend then that's over £100000 to about 140000 in ten years and that's without capital growth , a worthwhile investment...
I too was looking maybe to sell on the rise in share price but has financed at lower cost and the yield still looks attractive especially as I bought in via a VCT and is tax free.
There maybe other areas that have more secure yield such as Assura, with a 4% yield and backed by long leases to doctors backed by government paid rents. So even if NHS stops paying rents the Doctors still have to pay unless they all go bankrupt! Foresight solar yield is more risky.. but only just and is 30% higher! Still seems a reasonable investment in uncertain times.
Well I think todays news certainly has underlined the need to have taken profits, hopefully you did, perhaps the time to look at buying in. Watching with interest.
pretty much any thing in renewables Elec-cars, Elec-wind, Elec storage, solar-Elec is a sleeping giant with a massive future potential can only get more prolific from here on , also reasonable dividends across the sector ,If you wanted to invest else where you could try horizonte minerals -nickel miners, for battery materials needed for grid and car solutions.But maybe longer time before returns on your investment
If you look at renewable energy ITs on TrustNet, you'll see that pretty much the whole sector is trading at a healthy premium to NAVs. What's making them so popular ATM? I bought Greencoat Renewables at the start of the month & am already sitting on a nice rise, & have held UKW since flotation in 2013. Given the premiums to NAV, do people think now is a good time to cash-out of the sector (or at least take profits) & invest elsewhere, or has the sector got further to run? What would convince new investors to buy now & pay such a premium
They have indeed nudged up. A few percentage points above what they are worth on paper but quite a safe dividend. Let’s look forward to many more sunny summers.
Prices seem to be trending up. I see this as an excellent hold here
...any thoughts?
Quite a hefty slice of FSFL taken by Blackrock Uk. Just for the dividend, or are they accumulating for someone.?
.... I'll just communicate with my usual sales contact at Stifel then, while the share price drops to 107p. How much will this all take out of the company coffers and put into the grabbing hands ?
Are they sells or buys- anyone?
27 January 2014 Trading Update: Operational assets generating ahead of target -- The 32MW, 2 ROC Wymeswold plant reports electricity generation performance of 15% above expectation since November -- The Company's funds are 100% committed -- Grid connection of further capacity imminent Press Release 27 January 2014 : Foresight Solar Fund Limited ("Foresight Solar Fund" or "the Company") is pleased to announce that Wymeswold, the UK's largest operational solar plant, at 32 MW and sited on a disused WWII airfield in Leicestershire, has been generating power at 15% ahead of expectation for the three months November 2013 - January 2014 (as at 22(nd) ). The fully operational plant, which benefits from 2 ROCs/MWh having been commissioned before April 2013, was acquired by the Company, as expected, shortly after IPO in early November 2013. Two further plants described in the IPO Prospectus, namely, Castle Eaton (Swindon SPV) and High Penn (Calne SPV), totalling a further 28MW, are expected to be fully operational and grid connected shortly. The Company remains on target to have all IPO proceeds invested in grid connected, operational assets by the end of Q1 2014. The Company has confirmed its intent to deliver a target dividend of 6p per ordinary share in respect of its first financial year, rising annually with RPI thereafter, and enabling the Company to support its strategy, unique amongst its solar peer group, to sustain the NAV, offering the potential for capital growth. Jamie Richards, Partner and Head of Infrastructure at Foresight said: "The Wymeswold asset outperformance is good news. 30% of the IPO proceeds were invested in this fully operational asset shortly after the IPO and the asset was selected because of its potential to outperform. We expect to be able to announce that 50% of the Company's assets will be fully operational shortly, and as described at IPO that 100% of the Company's assets will be fully operational before the end of Q1 2014. We remain on target to deliver the 6p dividend per ordinary share. The promising outlook for the UK solar sector, the quality of the underlying assets and Foresight's track record in the sector, continue to provide investors with an attractive opportunity to secure inflation linked yield and potential for capital growth." The Company expects to make further announcements shortly ENDS For further information Ben Thompson Foresight Group bthompson@foresightgroup.eu 01732 471 800 Malcolm Robertson/Chris Gardner Malcolm.Robertson@citigatedr Citigate Dewe Rogerson .co.uk 0207 282 2867 Notes to Editors Foresight Group is a leading independent infrastructure and private equity investment manager which has been managing in
is anyone looking at this