Member Info for Edens86

First RPI to CPI

Now this carbon tax withdrawal

Subsidies all together?

I have always believed in this sector and I have been investing in it heavily.

It’s Eid holidays the UAE. Tomorrow business as usual. I don’t believe it will go that far.

What does Saba have to say about this update?

I am heavily invested in renewables but the negative rhetoric continues and now the government is consulting on RPI to CPI indexation change even on the current contractS, to take effect next April. This is another blow to the nav, in addition to lower wind, lower energy prices and higher interest rates environment.

You are right, but they have distributed additional payments twice this year, when it was usually one.

I agree to a certain extent.

The buybacks are reducing the outstanding shares count, ultimelty lowering the dividends payable. Current yield is in the region of 10%, whereas the cost of debt I believe is in the region of 5% which is a tax allowable expense.

So perhaps they see it this way, that the cost of debt is lower than the dividend cost to the trust.

Https://www.rudaw.net/english/business/20092025

There are so many renewable funds in the market, most at substantial discount to NAV. Share-buybacks and divestments are good option, but mergers or acquisition of funds where synergies, costs efficiency and enhanced income will prove as better return to investors, particularly during the current interest rate environment and inflation

Management must consider this now more seriously.

One of the takeover conditions is the release of the financial statements. Once released, Wood can apply to stop the suspension. Therefore, the suspension has to be lifted.

Have they just delayed the dividend payment date by a month?

I believe this could associated with the recent tax credit risk in the US

In my opinion, plenty of shareholders who are now ex shareholders bought for the special dividend expected upon the deal completion.

Since non sale of these income generating assets is rather strategic and allows for diversification, it increases the possibility that the current dividend policy prevails for the longer term, if not improved.

They were fighting a case for USD 52k, now USD 3.7 billion. Plus, all the admin, professional, legal fees and all other associated cost.

Pandora box

I haven’t received it either. I am with Investor Interactive (ii)

Hoping it will be a good day for Netw and it’s shareholders

This is the consortium one.

Hopefully, they will see the value in Network and offer a price that exceeds Brookfields.

Recent rating of “Speculative Buy” with target £2.10

https://www.reuters.com/world/middle-east/iraqs-northern-oil-exports-show-few-signs-restarting-after-stoppage-2023-04-24/

In my opinion, rush to gold is going to accelerate over the remaining in 2023, particularly as global growth is expected to slow.
Shanta progress looks good to me and might be a possible target for a takeover offer once again, as it proves its potential.

Two offers so far in a very short time. The consortium might revise the price up to more than 400 should they be really interested in NETW takeover. I have alway been optimistic about NETW.