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yes WilliamHBonney ... my thoughts too ... Long term renewables is a growth area, and their must be a better political strategy across europe, so I am (very) cautiously optimistic), but having lost half (notionally), I have labelled this a zombie in my portfolio and essentially written it off.. if it comes good great, but just no point selling at this stage.. I am also very perplexed by the SP movement. I know there is a lot of winging about MM's, but I dont really see that... Only thing that is going to bring this back is positive trading statements and the issue of ownership resolving

The LRE company strategy is to focus on long term profit, not necessarily growth. Lots of mm's look at growth potential. The slightly unique aspect of LRE is to pay a modest dividend, not worry about the share price too much, and pay a significant profit share as a special dividend... I suspect in 2/3 years the share price will not be all that different... but so long as the total divi yield stays above the 7-8% mark, its a great income stock

be waiting a long time for 390 ....

??

Interesting takes on the mm's ... I do have a certain sympathy with that view, but can't quite see it. Infinis is a fairly leveraged company that had an excessive valuation. It does have good cash flow and is growing in production. The long term is pretty rosy, but the great overhang is Terra Firma and I suspect that more than most things is keeping the SP depressed - eventually it will sort itself and the SP will recover back to the 200 ish mark over time (as biogass reduces and more wind comes in). Renewables need a long term stable political strategy to invest. Boy George just pulled the rug, but as renewables are a key future plank I expect a replacement (possibly in line with wider european moves) in the autumn. Sitting on a fair loss, but that loss is only realised if I sell. The company has a high dividend and even if that got rebased down to the 5% (ish) that is muted) would still be among the higher divi payers. Infinis is not going bust any time soon so its about waiting for the pieces to re-align in the alternative energy market: remember... its a long term market and if boy george wants to push green creds in his PM bid he needs facts and figures .. these take several years to produce... so why would he not have a new pet policy in mind Interesting that Drax has recovered by over 20% since its 'correction'. I see that as a more risky company

brilliant .. as good a strategy as anyone PMSL

how do you arrive at such a precise number

(ShareCast News) - Insurance company Lancashire Holdings wrote a third fewer insurance premiums in the first half of this year from $635.1m to $423.6m gross written premiums. Shares in the company fell 4.17% to 643p at 1004, following its second half result posted Wednesday. The board declared a dividend of 5c per share, off book value per share at $6.66. Gross written premiums dropped by 43.7% in the second quarter of 2015 compared with the same period of 2014. Lancashire said first half profit before tax was about 10% lower at $88.6m compared with last year's $98.9m. Lancashire said there were sizeable losses offshore energy line to extent that market is around break-even point before we enter Gulf of Mexico windstorm season. Space and aviation markets also took a hit following a series of satellite losses. Shore Capital analyst Eamonn Flanagan said the result was broadly in line with expectations and said further returns were likely. Flanagan reiterated a 'buy' recommendation and said the shares remained attractive. Numis kept a 'hold' rating and target price of 790p, and said it expected a 100% earnings payout to generate a yield of 9.6%. "We think Lancashire's strategy of reducing its risk profile through increased reinsurance purchase and defending its core portfolio through leadership added value will preserve shareholder value through the downturn."

not my best decision .. bit of a punt ... but really not good Lost nearly a grand...

reminds me of those magnificent men in their flying machines ... down.. up ... so all those who bailed must be feeling a tad sheepish ... I have considered buying more but don't want too much in one place

Wed, 15th Jul 2015 08:50 ** Electronics distribution co Premier Farnell's shares fall as much as 3.7 pct after Credit Suisse downgrades to "neutral" from "outperform" (cuts TP to 175p from 210p) ** CS analysts say deteriorating gross profit margins and the launch of AmazonBusiness in the US hurt their confidence in the strength of co's standalone equitystory ** Brokerage sees AmazonBusiness as negative for Premier Farnell's US activities and potentially for the whole co if Amazon decides to expand overseas ** The Americas account for 46 pct of co's revenue ** Co recently reported a fall in Q1 gross margins, adding to concerns as it had reported lower margins last year as well ** "Though cheap on headline metrics and supported by the 6 pct dividend yield, we see limited scope for a re-rating in light of the challenging market environment," CS analysts say

Well net assets ... shares in issue suggest 96p... excluding goodwill or any recognition of cashflow etc ....dont get the market over reaction but still expect over 200 by the end of the year as further revenue streams and new government schemes emerge

What is going on ?

just going over the figures briefly and although they are stating a circa 10M impact on EBIT, that looks (given their investment and profit position) to reduce the div to around 4.5-5% with a strong upside.... I am tempted to buy a load more before the xd cutoff.. I dont see why this stock would not gradually creep back up by the end of the year to where is was a couple of weeks ago.