Member Info for Gavster-NBC

Yes, got the dividend, around lunchtime. Within my ISA on ii.co.uk

Hi Monksmood and all.

Roughly translates to lots of jam tomorrow and a spoonful today. I would rate it a 7/10 given we have positive earnings again after 5 years. Valuations from yesteryear of 10xTurnover would see an SP 100s of % higher but IMO I do think 14m market cap is very cautious from the market. An upwards movement rather than stagnation in the coming year.

The conundrum is that green energy companies like UKW rely on electricity prices dependent on the price of gas, which was OK to begin with but not until gas is no longer part of the equation.

One solution would be to keep that in place but taper it to situation where it is capped at a particular rate of high gas prices, then next step tapered out completely to the actual price of renewable cost relative to the total debt of the industry, meaning after about a decade or two we will all have ridiculously cheap electricity, a great vision of net -zero... However, profiteering and neoliberalist politics will no doubt get in the way.

Hi blackfriers, I tend to disagree because buybacks need sellers, and lots of them so the price would remain suppressed, and that's no good to issue shares for new ventures. I would rather they did some kind of drip bonus where you could elect to have a higher equivalent value in shares rather than the dividend for example and any extra cash paying of debt. Companies that sort their debts always have high value market caps. Nobody minds shares issues at NAV or higher to finance growth. All IMO

Price got spangled yesterday due to Barclays slashing their broker recommends for UKW/NESF/BSIF and others, which was a shame especially the day before ex-div where a rise is expected IMO but just created a buying opportunity. Hold, DRIP and this will come good especially as interest rates go down or even stay the same.

Well, there you are. Poor broker ratings for all those three mentioned including BSIF came out minutes after I posted that.

Add to that the orange moron trying to make the UK use more biomass. It's better than gas but IMO the Government's focus should be to increase renewables and nuclear to cut out gas electricity altogether.

True Occulus.. But MM will not change, he's only ever been after money and investors are simply the cash cow that can be rinsed over and over again. His personal wealth will increase no matter how well the company is doing because he is also the supplier and producer. Hence his obsession with turnover rather than profit.

I'm sorry I got conned into investing here. All that potential.....

Anyone know why the sector has hit a jam ?

Less than 94p again. I have bought more in the 94s.

In the same sector UKW goes ex-div tomorrow without a rise into it, and NESF has also stagnated with a divi and quarterly announcement in the coming days.

https://grid.iamkate.com/

As I write this 19% of the UK's electricity is solar, but it should be more IMO

Only around £20k worth of trades too. Just have to wait for the next update.

Lol.. I'll give it a look, but I won't hold my breath there is anything of substance. Last year I felt like the kid in "The Emperors Clothes" on this board after Oak Bloke was justifying that total nonsense "Return of Capital Option for 3Q2023 Dividend" announcement, and his credibility got shot IMO. In fact the company lost much credibility in my eyes also but I do still have a reasonable holding at a loss which I DRIP the dividends.

Nice general update but very much lacking in any figures. Good news though if revenues can continue at expected levels.

"In line with the Company's other most recently renewed contracts, this contract includes a price increase to account for the increased costs of labour, energy and finance since it was last renewed. This renewal supports the Company's existing FY25 revenue expectations. "

The SP is still 5130 NGN on the Lagos exchange, equivalent to 239p. Hasn't moved since November.

It's amazing to see the ups/downs the LSE price goes through all at a hefty discount to the LAG price.

Excellent not moving on ex-div considering there's over 130 trades so far today. My other ex-div today (toro) also didn't budge but that's normality with only handfuls of trades a week.

https://markets.ft.com/data/equities/tearsheet/summary?s=SEPLAT:LAG

Share difference between last 2023 and May 1st is 15.6 million shares (about 2.7% of stock)

Buyback is nowhere near £20m or 15%.

So the question remains. Should be worried at the paltry level of daily buyback amounts ?

Only a few days to wait...

Should we be worried ? We have an imminent dividend announcement. 2.1p expected whatever the interest rate decision.

The latest buyback was for 2500 shares, that's it, less than £2000 worth. Now if that's all the spare cash flow there is currently, this is not a good sign, in fact it would be very worrying. Why has the spending gone from around £70k a day £1800 in a few weeks when the discount to NAV is still apparently so great.

Interest rate decision in a few days. Expectations are the BofE will go to 4% on the 8th May ?

This and my other renewable energy utilities with debt are rising at the moment, towards this day.

Hi Damofarl. Yes, this is

Still my largest holding of this type of high yielder. Very stable too, in fact in my SIpp I sold completely out of TORO in Trump tarrif week to trade the low prices elsewhere. It was the same SP whilst everything else was tanking, I then make my profit and bought all my Toro back at the same price with a few extra, all in time for this divi announcement. A great team is running this as you say. I'll look to DRIP and increase in the coming weeks

And when something does work, like Ingenuity , he'll take that bit out of the company.

IMO... It's a slow car crash as we as shareholders realise our only purpose was to line his pockets with the initial listing. Moulding doesn't care at all if THG is slowly going down the pan, he's made his millions.

My strategy here was to sell out on the next spike whenever that is. But will there actrually be another? Or will the short's slowly increase and it slowly becomes an unprofitable mess with constant 'Jam tomorrow share issues', pieces sold off privately or dies a long slow death...

Cheers all !!

A pretty mute response to the interest rate cut news IMO, but then BSIF is a slow mover and the rate cut is just expectant news for May and we are currently in a very uncertain world.

Going by the exchange between Starbright and myself below. Each 0.5% of an interest rate cut means about 7p added on to the share price, and that's already been added since that exchange.

https://uk.finance.yahoo.com/news/bank-of-england-cut-interest-rates-may-114350744.html?guccounter=1

The buyback is so small in numbers during the last week, that the only effect it might have is as a sentiment driver because of existing. For me the good thing about this is that because buybacks need sellers, it means that there is not a substantial seller of shares anymore. Companies can use buybacks as a way to allow incentive shares to be sold, or to buy back the shares of a large institutional seller.... (Apparently)...

The political news that the government should be looking at other ways to price electricity, is a concern here, however IMO there must be simpler ways to cap charges caused by a possible future surge in gas prices, if that's the concern, that would not mean renewable revenues being slashed in the process.

We'll see. Onwards upwards.. Dividend Next Month..

News .. ?

Or first 1/4, div and what we expected ?