Member Info for Fregatr

Yes is the short answer but they are different Trusts with different objectives. Ask ChatGPT and it will give you the complete breakdown down.

The Middle East war has strengthened the argument for investing in renewable energy and battery storage. Rising oil and gas prices have highlighted the value of wind and solar power because, once installed, they provide more predictable and stable energy costs. Fuel flexibility is crucial during conflicts, supply shortages, or changes in energy markets. FGEN is currently undervalued IMHO.

Nice dividend on the way….

Good to see a director buying shares..,

Seems undervalued to me…

Ask ChatGPT?

It’s unbelievable otherwise the market currently would be a lot higher.

Good to see some buying. The drop was well overdone OMHO considering the yield and dividend predictions.

You will hear opinions from both critics and advocates here, but it’s important to make your own judgement. The real contest here is dilution compared with expectations.

Be honest, you were just too tempted to see his ramblings 😂

Interesting points, but I think that’s painting the whole situation in very black-and-white terms.

Yes, 11.5% of interest and dividends going on costs is clearly too high and the sector has long-standing issues with fee drag and weak boards. And I agree that better alignment between managers and shareholders is overdue. But the idea that a merger with FSFL is “obvious” and only blocked to protect Foresight Group’s revenue feels oversimplified. FSFL and FGEN have different mandates, asset mixes and capital structures, and merging two listed vehicles isn’t cost-free or guaranteed to unlock value.

Management incentives and internal politics may well play a part, but they’re not the whole story.

As for the share-price comparisons: they’re valid, but they also reflect broader sector headwinds—rates, discount widening, and sentiment across all renewables ITs—not just Foresight’s internal alignment. If this were purely a Foresight-specific governance issue, you’d expect a much cleaner divergence from peers than we’ve actually seen.

There are conflicts in the structure, no question, but saying anyone owning the ITs is “plain stupid” ignores the fact that discounts, yield, and asset quality still matter and can present rational opportunities even with imperfect governance.

A bit more nuance is needed than “FSG wins, IT shareholders lose.

Strong operational performance with assets generating dividend cover of 1.22x in the period, after amortisation of project-level debt facilities. Current price is well below NAV and dividend covered for the next year.

You can short on IG so it must be possible.

Out of interest, are you short or just annoyed you missed it at 40p?

Cut and run seems the order of the day. Back to sleep until £2!

If it was a good buy at 170 I guess it’s a no brainer at 100 so will just need to be patient.

Until the next time! I bought back in today.

I sold 175 on a whim but want to get back in but will we see£1?

“China has further tightened export restrictions on rare earths ahead of talks between Presidents Donald Trump and Xi Jinping at the end of the month.”

I’d say that’s a bit optimistic unless they go for a 1-for-3 share consolidation. £2 seems more realistic over the next three months — though I’d love to be wrong!