The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Big contract awards for a small company like this very encouraging..
Excellent acquisition, 6 x earnings when you included assets and cash, and will look even more cheaper when synergies kick in from KITW..
Interesting to see ANP have entered the Dog food sector and fish/ shrimp farm sector. Could be big upside in these markets...
Mastercube®, our 100% natural pellet binder, has been adopted by a European dog food manufacturer following extensive factory trials over a long period. Our sales team are cognisant that there are other similar opportunities in this sector and are actively pursuing these. We were also pleased to receive a European Union complementary feed license through our Irish subsidiary which now means we can market products such as Orego-Stim® liquid directly to vet practises in the region.
And...
Anpario's original technology was a novel chemosensory stimulant for fish and crustacea which enhanced palatability improving the uptake of aquafeed, reducing waste, and thereby helping to protect the aquatic environment. In addition to improving the productivity and financial returns for fish farmers it also has the benefit of allowing more sustainable forms of protein to be used thereby reducing the reliance on fishmeal sourced from wild fish stocks to support aquaculture production.
This technology was originally branded as Aquatice® but commercialisation was halted about ten years ago due to several factors, one being that at the time fish meal was still being included in formulations in high quantities and therefore palatability was not so much of an issue. Secondly, Aquatice® was only available in liquid form which means it needed to be applied at farm level rather than in the feed which is a much simpler method of delivery. In short, we believe the Aquatice® technology was before its time and now with the industry focused on using sustainable feeds such as vegetable or insect-based protein that there is a potential opportunity for Aquatice® to be commercialised. During the last year we therefore developed a powder version for use in feed and adjusted the formulation to suit current regulations. A shrimp trial is planned for later in the year with a global aquafeed producer.
Battery energy storage systems (BESS), is pleased to provide shareholders with an update on the 2023 Capacity Market auction results for the portfolio.
The latest T-1 CM auction concluded on 20 February 2024, clearing slightly higher than expected at a price of £35.79/kW. The Company has secured additional 1-year contracts across 13 of its Projects with a total derated capacity of 90.491MW. In total, the additional contracts are expected to generate £3.2mn of additional revenue from October 2024 to September 2025.
In the valuation process for the Company's assets, CM revenues are only included where contracts are held at the date of valuation, therefore these new contracts are in addition to current revenue assumptions and are accretive to NAV. The NAV benefit from these contracts will be recognised at the next valuation date of 31 March 2024.
Ben Guest, Fund Manager of Gresham House Energy Storage Fund plc, said: "We're pleased with these results from the latest annual Capacity Market auction, as well as their expected positive contribution to our NAV from 31 March 2024.
"One of the great attributes of battery energy storage systems is their flexibility. We can swiftly and remotely configure our software to tap a wide range of potential revenues available to BESS without needing to make any physical changes to hardware. These revenues include both contracted income such as the Capacity Market auction results we're announcing today, as well as merchant, or trading, revenues."
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Which email address did you use ?
I used info@greshamhouse.com
The market has already priced in at 50% at least dividend cut, even though the management are confident of covering the dividend and no bad news has been realesed. I've seen few profit warning this year, none of there share prices gave fallen as much as grid has this year..
In the announcement in November, the board seemed confident of covering the dividend as extra capacity came on board. Even if it was slashed 50% the share price couldn't be doing any worse than it is now. Its a paranoid market at the moment, folks selling spooks others into panic selling...
36.75% fall already this year. You would thought GRID have already announced they have slashed the dividend already, (which they haven't).
I've got intouch with the company looking for some answers, no point 2nd guessing things, I want to hear from the horses mouth...
51% discount to the Nav, can't believe folks are selling out...
I sold out afew months ago, it seems more project delays are ongoing into even 2025, so more bad news in the pipeline..
Just added aload. Think now these have funding in place these could recover strongly...
Hopefully the only way is up from now onwards..
Eneraqua Technologies plc, a provider of specialist energy and water efficiency solutions, announces that all resolutions proposed at the Company's AGM held earlier today were duly passed.
The Company also confirms that, following approval by shareholders at the AGM, it will pay a final dividend of 1.2 pence (2021: 1.0 pence) on 15 September 2023 to all shareholders on the register on 18 August 2023. The shares will go ex-dividend on 17 August 2023.
Last year dividend was paid on the 16th September..
The big question is ? Are they going to spring any other skeletons out of the closet, and can we trust this management team, going forward.
A decent jump in cash, from 3.4 million to 4 million since the last update, could be a decent buy at these levels..