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Having slept on it, I know what you mean NSS.

There’s a move from progression to steady consolidation and integration of what they have, with a glimmer of a hint at further M&A .

It’s like a couple who’ve decided not to start a garage extension because it might upset the people buying their house.

Tempted to think that they’re balls deep in takeover talks.

Neversellshell

In a nutshell the focus seems to be integration of the company with a focus on integration organic growth. They like Argentina - economy really picking up there and looser regulation. They are happy with the London listing for now (US listing not a priority).

Well I take back what I said about Elizabeth Brooks.

She has a deep understanding of the company (facts and figures); a credit to HBR.

Who knows?

The meeting is presented by Liz Brooks who’s the investor relations person; so nothing too important (not wanting to belittle Liz). Maybe to run through the previous update from earlier this month - but then I still wouldn’t leave that to an IR person.

Mystery?

“Better capital and divi growth”.

On LSE? Where?

I should add I’m not a tax expert either and never paid income tax on dividends (never had divi stocks before). Thus DYOR - perhaps contact HMRC.

Hi.

TBH I have most of my shares in ISA. I wanted to know if I could avoid income tax for a small holding of HBR in standard account using DRIP. I have lots of capital losses to write off from my earlier (unwise) investment days. It seems there’s a lot of confusion about the matter though.

As far as I can see, income tax is for income. Cash that I receive. With broker DRIPs, I receive zero cash; thus the dividend is not income. The DRIP essentially turns the dividend stock into an accumulation stock where you just pay CGT.

As it happens I’ll probably sell my HBR just before the Ex date and transfer to ISA just after the Ex date.

I want to give nothing to this useless Labour government we voted in.

Hello Zac

Just for clarity on the dividend tax:

HMRC Admin 19 Response

If a company pays out cash dividends to shareholders and they use that cash to buy additional shares, in other words, they reinvest the dividends themselves, the company does not automatically reinvest the dividends on their behalf, that shareholder will owe Income Tax on the dividend payments made in the year they are received, just as if they were taken as cash and never reinvested.

If, however, the company reinvests the dividends by using them to purchase additional shares on a shareholders behalf through a dividend reinvestment plan, DRIP, the company reinvests the shares automatically, without the shareholder having to do a thing or ever receiving the dividends physically themselves, that shareholder does not pay Income Tax on the reinvested dividends until they eventually sell the shares. At the point of selling the shares, Capital Gains Tax would apply on any increase in share value since the reinvestment occurred.

Or you can auto-reinvest and sell the extra shares for CGT which has a bigger allowance.

Stock price doesn’t really matter if you are in GSF longterm for income (although less risk tolerant holders may be anxious - I get that).. GSF is manifestly a growth stock and on a global level (totally disagree with the counter statement). Whist investors have to accept volatility in the price, if cash flows increase as forecast by the company I would anticipate an increase in stock price and yield in the coming years.

Short term holders may be feeling less comfortable.

I may be wrong, but my understanding of share BBs is there are fewer shares for a company to pay down giving the company more money to distribute.

Has the dividend increased? Answer yes.

Do you mean Collingwood Resources Stupmy?

No profits in the last 5 years, no divi and an illiquid shareprice? That one?

Temple

The US election ‘dust’ needs to settle. Trump made some very bullish statements during hustings; you know “drill drill drill”. That kept the plebs happy, but reality is different. The US now has a partially transformed grid at huge cost to taxpayers. You’d have to be a total moron to waste these resources for the reintroduction of oil.

I expect Trump’s rhetoric to soften and the US will continue with a mixed energy economy. Meanwhile the shorters will get rich and we’ll find our favourite stocks at the Black Friday sales. Find a few good ones and stock up. In the markets nothing lasts good or bad.

Should calm some nerves.

If GSF have broken ground on the US projects, they ought to receive the IRA. In fact , given all the nervousness about Trump’s incoming government, we might find they’re more pro- energy storage than we think. They’re not going to cancel projects that will leave people out of work and communities with no power, especially in ‘red’ states. Moreover, Elon needs somewhere to charge all his Tesla.

Suggest reading this analysis.

hxxps://www.akingump.com/en/insights/alerts/energy-policy-priorities-for-the-119th-congress-and-trump-administration

With GSF, the question is whether they’ll carry on building in the US (I think they will). Furthermore, when will they get going in Japan (I believe they have investment tied up there). Finally, when do I splurge out on more shares, they’re well oversold.

Stumpy,

I find my gut feeling works really well. My results show it works 50/50. Which is just as good as TA.

8-)

Some folk are so wedded to the idea of a share price finding support. It’s a random walk in reality, like throwing a dice at the casino with share gravitating in a particular direction.

Having said this, my guts tell me we’ll be up this week, possibly substantially.

I think it’s futile to second guess Trump. He didn’t follow through with what he said last time.

426307 shares at 255.2p worth over a mill£

Not sure if you folks have seen this video (a few weeks old) but it explains the Goldman deal. If they can replicate this in other areas of the US (Trump permitting), it'll be massive.

https://www.youtube.com/watch?v=dmIP_oA0deE&t=175s

The commentator doesn't think there'll be a problem with the dividend and we're a mile below current NAV. Happy to take the dividend and wait.