Member Info for Gerry557

I struggle to see how a broker can confirm until the UKW hold the meeting today and agrees the resolution. Although I don't expect it will fail. I suspect many will total up all the shares asked for against those granted, subtract the 1 for 13 element and divide the rest up.

They may spread this evenly ie every investor gets the same percentage but I have heard some might give a priority to smaller or private investors. So 100% up to £5k 90% up to £10K etc but only 40% for 100K+ idea.

I suppose it depends on how good and how difficult it is to do for the brokers. It might be worth reporting which broker you are using when you get results. Im not expecting much till next week although I suppose they can plan now assuming permission will be granted.

I might try and log on tomorrow and see if there is anything showing as Im expecting a dividend or two due today anyway. if it is 85% it doesn't resolve my issue.

Look like its black Friday for shares today but Ive not bought anything. Why is it the ones you want to buy dont fall as much as you would like

The trouble with it rising is I'm less likely to reinvest my dividend.

I see they sold the Bath property and are looking to do more sheds. Are they a bit late to that party. As for 80p it's touched that recently but I expect any dividend rises will get it there full time

Sorry ade2a I'm a recent buyer so no recollection. From memory SOI doesn't cover its lower dividend yield but expected to improve.

If you have evidence why aren't you willing to share it.

It's nothing personal with me but I'm willing to challenge things someone says hoping we can both find a solution.

As for dividend washing, I suppose it's possible as they have a high turnover of holdings but are they selling for less than they paid? I've read that undervalued shares, once value added will be sold off and rotated into different undervalued shares.

Is that a coincidence or as you suspect, washing. Would you care to elaborate further on what concerns you.

So the results are out and oversubscribed. There will be some scaling back. I'm not too sure how this works but suspect it might depend on your broker.

I'm just going to sit tight and see how many extra shares turn up and how much cash I get back. I suppose we will know in a week or so.

Yes I got all the extra shares I asked for they are nice and safe in my isa. I feel I’m been realistic and expect 10 percent growth on my investment per year and 6 percent a year dividends which I will keep reinvesting.
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y11-shx. How do you know you received the extra shares?

The announcement is tomorrow. I cant see these getting 10% growth and the ones you buy currently at a premium will only provide just over 5% in divis.

Well I decided to add a few yesterday morning anyway. The divi is also rising again and almost back to pre pandemic levels.

Add to that some of the new deals and increases in income upcoming things are looking OK. Its still at a 18% discount to NAV, not as good as previous history but still decent. They are also considering an extra £20m rcf to add more of the pipeline.

On a personal level it add more income in my lower paying months so will help out leveling up those weaker areas.

I'm expecting a decent set of results tomorrow and a return to more of a normality. I had expected to top up prior to the results but missed out for various reasons.

Hopefully the market will over react the wrong way and I can add a few but it seems unlikely. I suppose the only question is over the divi levels going forward.

Well it looks like things are starting to look better even if we are not quite there yet.

The divi is being maintained so far and the final is to be decided. I suspect that will depend on how well the improvement continues. I suspect they are hoping that the divi will be close to being covered, if not fully covered so that they can pay out on similar lines to last year by using the reserves.

The discount has widened so its on the watch list to maybe pick up some more early next year when Mr Market might have a wobble. Of course things might move against me before that.

Id forgot they had a holding in MRW and my own has also disappeared too. It will be interesting to see how the reinvested funds are used and to compare.

Shaun
I expect the price to stick at this level until the placing is out of the way.

I always expect that when the price gets to the 140's that a new round is in the offing.

Just good enough for those in the know can sell knowing they will get cheaper shortly

I struggled to identify what dividend level to use so ignored the specials and just used the normal rates. Any special will be a bonus. So my calculation is just over 5% from memory I think I used 151p in divis.

The one percent is back! I never thought of myself as someone in the one percent before.

I think a lot of it is the workers liking not to travel in rush hour and hopefully some flexi time although not everyone can escape the desk. Grandma Zoom bombing the meetings might lighten the mood for some!

I see AAIF and SOI have both produced final results which I intend to read over the weekend just to compare.

This seems to be steadying or is it the calm before the storm. At least there is a divi to look forward too in a couple of weeks time.

They are not making it easy or using context to see how well things are going .

LTV up as expected after buying the new portfolio although I would have to do some digging so see what has been sold to offset the £915m value, they say £63m of sales!

Bump in divi to 6.5 from 6.4.

I wish they would say how much extra the new leases achieve

I have taken the option to add more, hoping that if I get enough I will sell the ones "stuck" in another account. I will also loose the 1 in 13 option in that account also.

I can then co-locate the same share type into one account and tidy things up a bit whilst saving on costs to do so. Wait for santa rally and sell the stuck ones or wait till they are showing a profit. I was tempted to swap this am as its so close price wise.

Reality will be :- I get my full allocation so have too many shares, the SP tanks and Im left with the stuck lot plus all the others and an even better opportunity to buy more which I wont take.

If the last bit can happen before the 18th or Mr market can anti rally but sod law wont let that happen

"I haven’t been able to download the prospectus"

https://www.greencoat-ukwind.com/investors/report-and-publications/2021

Not really inspiring update but traveling in the right direction. NAV steady collections improving but still selling so income will be hit and assets down.

I suppose debt and LTVs will look a tad better. The buyback didnt amount to much.

So you don't need any now then nice! What are your thoughts on taking up the offer.

I might wait until the 18th to decide, my corporate action is now available. I might ask for extra to resolve the other stuck account.

Just out of interest, those wanting to take part in the placing. Why weren't you buying recently when the price was in the 130's?

I suspect the SP will fall much closer to the placing price on the 11th anyway and is a guaranteed way to get the number of shares you want almost as cheap as the placing with a lottery on how many share you might get over the allowance.

I haven't decided what to do or how to deal with the account that's fully loaded.

Thanks Paul, it's over the medium term that I will be looking to mark this. That 1% disappeared pretty quickly but there will be other good days.

A 1% rise is neither here or there. I suppose its good its not dropped like a stone after buying although I might add more if it did.

Hopefully you will get 5% in divis over the coming months just for holding.

So the question is will those dividends go back in here or somewhere else. I suspect the market will take a turn after Christmas so there might be more top up opportunities ahead

Just had another quick read of the results. Dividends of 23.40 and income of 23.22, so I make that 0.18p short. There is some context, with sterling's rise and "other" income suffering, hopefully to recover. Things are not as bad as when I first looked and just read the headlines. There is a 12p reserve to help smooth out payments.

Looking ahead, I expect the divi to rise to 23.8p and I think HFEL were forecasting a 12-14% rise in dividends. Add a slight reduction is costs the only worry is some of the bigger individual holdings taking a bash.

They just need to arrest the capital side of things now.