Member Info for Shaun_LSE

"Greencoat UK Wind PLC - investor in operating UK wind farms whose investment manager is Schroders Greencoat LLP - Chair Lucinda Riches sells 110,000 shares at GBP1.43, worth GBP157,637, on Tuesday."

What is going on? Did they pay off a load of liabilities? PE ratio of 569.00 for dec 23 quarter. EPS 0.2 from 21p. otal Non-Current Liabilities to 1.80 from 16.80 million.

This is interesting... NAV is 163p. But EPS is down to 5. They borrowed 500 million, perhaps for these buybacks? And have 1290 million liability.

Why would they take out such debt when rates are so high?

Well they must have a lot of cash lying about for all of these buybacks. CEO's haven't sold anything.

Took this drop to reinvest my dividends and buy back a small proportion of those I sold at 145p.

OK great, I wasn't aware. Please explain what this is.

They have been buying millions of their own shares for months. What would be the natural price without I wonder?

Note, I sold most of my holding at the VWAP- 1.44p on the 10th of May.

UKW have been buying a lot of their own shares at the 135-137 range, seems to be keeping this afloat.

Profit for '23 was down to 5.44p. This is below '20 levels, and gives a PE ratio of 25 now.

Earnings per share are 5.44p, but they are paying 10p dividend, and are buying back at 25pe ratio.

They blame a lack of wind on power generation:

"Greencoat UK Wind: NAV Decline Was Largely Due to Lower-Than-Expected Power Generation"

"Greencoat UK Wind: This Was Due to Lower Availability, Including Outage at Hornsea 1 Facility, and Lower Wind Speeds"

I'm still holding some UKW. Energy prices are cheap currently, so this may be the time to buy. However there is the risk.

Why hasn't the q4 dividend be announced? A bit late.

Energy is selling off, recession incoming!

Buybacks, increase in q4 div, going as cheap as chips!

UWK just bought back 200k shares, and lots of 15-20k buys on the live trades. This is the ..786 pullback from the October lows and VERY oversold on RSI. Nice div coming up this month and 10p next year apparently. Just topped up a little, but Bond ETFs and dropping dates offers a lot more potential capital gains.

If we see 131p I'll top up some more.

Just had the Sell MACD cross on the daily. I would love to day looks like a bottom here, but we could be at £15 in two weeks.

Luckily I sold 40% of my holdings at £25. probably about to sell the rest.

GLA.

Well, the chart looks absolutely f***ing awful!

£23.50-70 was historical support. It's just rejected off that twice.

Yes unless inflation and interest rates tick up again, then this will drop. . This is only yielding ~4% and UK inflation is 4%, you're not making any money.

If you want to preserve your capital and you think rates might rise over the next few years, put it in an ISA. If you think rates will come down, better here for me.

Yes BATS is down against FTSE 100. but it looks like it's got a better relative value?

https://www.tradingview.com/chart/BATS/SxGy0amn-BATS-VUKE-FTSE100-Time-to-buy-BATS/

Well, resistance is 2390, the gap from DEC 6th is still unfilled.

Doesn't look strong here atm.

Yes rates are rising again, am following daily MACD on BATS/VGOV.

Jobs data are always revised down a huge amount.

Yes VGOV has a yeild. If you use trading view you'll see the "D" on the chart.

BATS/VGOV:

https://www.tradingview.com/chart/BATS/hqJO8Hmd-BATS-VGOV-Pullback-on-Bearish-Trend-or-Reversal/

This is what I mean. If rates drop VGOV will shoot up, as it's a bond ETF. I expect a pullback though and I'm using a MACD.

Yes, but put the BATS/VGOV in trading view. It's bearish, implying a drop in BATS relative to VGOV.

Stargate, look at BATS/VGOV. It's bearish, this is a small pullback I think. What's your take?

I'm waiting for the pullback to end and swap some BATS to VGOV.

Well the small drop today shows there's is a lot of support, I think this is the bottom. BATS is like a bond ETF, as rates drop SP will rise and we can expect 6-7% again.

At the close there was a massive amount of "grey" trades.

The fundamentals now read:

# of Trades 16,667

Vol Sold 1,401,776

Vol Bought 10,100,852

This morning there was only 1mil purchased.... Looking good!