Member Info for BittenTwiceShy

You could be right. It looks like the drop is being caused by the reclassification from industrial supplier to energy company. Industrial etfs are forced sellers and the energy etfs haven't got round to buying yet. Therein lies the potential opportunity.

It's a crazy world we live in.

I tendered 100 shares @ £51.70 and all of them were taken. I've used the proceeds to buy 110 shares today.

Excellent research Gentle.

I understand that the cause of the Spanish black-out was too much solar power causing the frequency to increase. Several solar farms tripped out to protect the inverters, and the frequency dropped irreversibly.

Lots of long duration storage is required to prevent this happening again, even at the current levels of solar generation.

Me too, Doyezee.

It's been hard to keep the faith after the Camco and redT days, but the management now seem really grounded and focused. This does finally feel like the beginning of something big.

Dividend now approaching 11%pa.....

Duke is not a "classic high yield trap". In a classic high yield trap, the high yield is paid for by raising extra capital, with inevitable share dilution. It's true that Duke has raised extra capital, but it's been invested accretively, there was already enough income to pay the dividend. Duke is aiming to grow to the point where the income is enough to pay for both the dividend and any new investments it identifies.

The price has dropped due to the current uncertainty caused by you-know-who across the pond. Once things stabilise, the price will recover quite quickly imo. Should a full blown recession develop, the banks will reign in lending and Duke's services will be in even more demand (again, imo).

Good luck all.

DCC featured in a Moneyweek article last week. After reading the article and ppdosullivan's blog, I bought in on Monday.

Yes, very happy with the six month results and strategy update!

The current weather conditions are demonstrating the desperate need for LDES. Currently, today, 65% of the UK's electricity is being generated by gas turbines and only 4% by wind. The situation is unlikely to change for a couple of weeks. In order to phase out gas turbines, a massive amount of storage capacity is going to be required.

The sun ain't shining and the wind ain't blowing. What happens to renewable power under these conditions? An excellent website by Kate Morley tracks the live generation of electricity:

https://grid.iamkate.com/

Currently, 65% of electricity is generated by gas turbines, at a cost of £156/MWh (the yearly average is £65). We don't have much nuclear power, so all the talk of phasing out gas turbines is likely to remain that - just talk.

Held in a stocks and shares ISA, it's 2p quarterly.

(continued) batteries not only store energy, they also clean the power supply. Another major plus point for large scale battery deployment.

I've been reading about the problems caused by "dirty" power supplies (either the frequency or voltage getting out of the desired range). Interestingly, b

My 32,000 voted NO.

They didn't waste any time in banging out the timeline for the sale "should" it be approved.

I've had confirmation of my instructions to vote against the proposal. It was very straightforward and all PIs need to do it, otherwise nothing will done or, even worse, the broker may vote for it on their behalf without their knowledge.

Thanks slowlyslowly for the Charles Stanley advice, I've messaged them with my voting intentions.

I hold my 32,000 shares with Charles Stanley and I've had no notification of the vote. I take it the proxy voting form is on Trident's website, do you have a link?

Zero chance of 1.5 million being built IMO, unless planning reforms are pushed through. More bricks are definitely going to be needed no matter what though.

Yes, who knows what's going on behind the scenes. An RNS today states that another 4m of supportive shares have been declared. It would explain why shares are being bought at 48p when the offer price is 49p!

A similar situation happened recently at Shanta Gold, PI's were shafted in much the same way. The takeover offer there had to be upped by 10% to push the deal through. Much the same may occur here, even though it still massively undervalues the company's potential.

Sold out too, gla.

I'll have to change my name to BittenThriceShy....