Member Info for Tigar

The reason they wish to reduce the price of energy next to the wind or solar farms is to give the headline of cheaper Electricity to the south that are fighting the solar farms using our Farmland and the land based wind, So he will hit us with higher bills, completely ignoring the fact we all have paid for the wind-farms and Drax up North perhaps those next to Nuclear plants should be asked to pay for them.

The question that I have is were did they acquire the shares from? No declaration from the seller so are they the other side of short trades? My impression is most on this BB including me now own more shares than ever and it will take a hike in the price to get me to sell some to the shorters.

Both SQZ and ENQ have been crushed by EPL and trade well below shareholder expectations, if we take the markets valuations we have been trading at about 10 x ENQ to 1 SQZ so an all share merger would I expect to be around that valuation SQZ have been debt free and paying DIVI still carry debt but all of the variables have been known to the markets so are built into their valuations so an all share issue at around 10 to 1 seems on the cards with a consolidation of say 50 to 1

Starmer has a pack with Miliband that put him in as leader, till he decides he can survive without Miliband he will continue with his mad Taxes and waste of money Green dream that will bankrupt this country. We continue on this path of 5 years of Dinner Party Socialism.

How much do they pay to produce such a stupid report, how can all areas pay less if you pay localised prices either some pay less and some pay more or you may as well balance them out. If you try and argue those that live next wind and solar should get practically free electricity then they should pay all the subsidies on top of the free power! And then those areas near gas fired plants should pay its costs but benefit from the profits from charging the other areas when the wind or sun doesn't produce. Another expensive report trying to hide the subsidies being paid, that will be charged to consumers.

Thanks for reply I still am not sure of how the seller took his cash was it from the FCF of WD or from the bridging loan and we just took over company with its cash balances. From your reply I take it they took the cash balances of WD and we handed over the remaining cash element of the purchase from the bridging loan. Presumably any Tax liability WD had on that FCF is accounted for in the final purchase price. Thanks

A farmer on the news today also highlighted that this Government is introducing a £50 a ton Carbon Tax on Fertiliser that could equate to £150 a ton on Fertiliser this will hit home grown produce but not imported food another nail in their coffin, this Carbon Tax rubbish is designed to close all UK production even Packaging is having new Taxes applied that favours the finished goods just coming in from abroad, the high street is Taxed so much we all order online and that favours goods coming in direct from abroad.

NSS wondering if it could be an accounting thing if it went something like the cash element of the purchase was agreed to be from FCF so the bridging loan was set up to cover the full amount so in some way is repaid from the FCF before its declaration amount, Harbour are very creative in its accounting practices, anything to reduce Tax that can legally be done will be.

Hi Stevo12

I have been wondering about part of the purchase price being made from the FCF during the period between the agreed date and completion date as stated in agreement will this be shown in accounts as FCF could it be a reason for a lower headline FCF than we were expecting.

Unlike the his perceived subsidies that Oil companies get by being able to claim costs against Tax, they will be actual payments made to them before also being able to claim back their costs against Tax on the profit they make from the subsidies we pay them. Of course they also are linked to the companies that supply them with the trees, their profits being overseas companies so we are not able to Tax them! Scam! Scam!

If Rosebank doesn't go ahead it could prove to be a waste of UK taxpayers money, court case for compensation!

And how Ed Miliband can claim it will cost UK taxpayers £7billion if it goes ahead is fantasy accounting.

And all his new investments in Solar and battery storage are a complete waste of time and money if he believes in the consequences of global warming why are they not spending that money on sea defences I don't recall him ever mentioning that his solar farms work under water?

"Our worst net zero fears are being realised"?

Add to those, the idiot's also wants to destroy farming and impot it all in the name of net zero with an ever increasing population that will need 10% more food and energy by 2035.

▪ Annual dividend on ordinary shares increased to

c.$380m, equating to a c.8% dividend yield2

▪ Potential for additional shareholder returns

"Based on a 270p share price, 1,440 million Ordinary shares in issue and $1.25/£ exchange rate"

Obviously market thinks an 8% yield is not enough so we have £2.40 and we now can buy with 9% yield. An loaded up with an 8% return this year and am happy to hold.

"Harbour is expected to receive investment grade credit ratings and to benefit from a significantly lower cost of financing resulting from the porting of existing euro denominated Wintershall Dea bonds with a nominal value of c.$4.9 billion[4] (the "Wintershall Dea Bonds") and a weighted average coupon of c.1.8 per cent. The Acquisition is also accretive to Harbour's free cash flow, supporting enhanced and sustainable shareholder returns."

I am mystified at $1bn FCF statement, and at our $4.7bn debt position? since completion we have taken $1.6bn in new bonds to be added to the $4.9bn bonds, if we have $4.7bn now have we repaid $1.8bn. That's the trouble with accountants masses of figure's to dissect

Could be that as deal for Vietnam was struck from January 2024 we have some UK assets nearly sold also backdated? Perhaps they are not included in guidance?

On their own new license's are a waste of time! with sentiment anti oil and no profits allowed what is the point of prospecting in UK waters like wind farms without the profit incentive no-one will apply for the license's. Plenty of opportunities abroad and UK will buy it anyway.

So he can take the communities in the countryside with him? we can swap local food for subsidised energy. I think he understands very little about real people in the countryside food comes from the land not the supermarket!

I heard an interesting side effect of the Grid struggle last night a chap was checking his phone as he had an 180 mile trip today and the low voltage at home was cutting out his EV charger, that's how they respond to fluctuations in grid voltages apparently

I think we can safely say that Letter One and BASF shares are tied up by the low share price at the moment, Letter One are also tied up with $75m Divi this year. The £3.60p notional value for HBR sets a bar for their view on a fair value they expect so I don't see them selling any time soon, am expecting HBR to reset their portfolio of assets shortly probably NS and Vietnam but time will tell. I have been adding today will trade them or if they fall keep for divi look forward to next update.

Gas prices will rocket with no Russian gas? or is it because we will have to buy liquefied Gas from Rest of world, gas direct from the ground locally will always be cheaper and UK Gov get any Tax paid. They may have also found if we had fracked we may have exported some to Europe with the Tax also going to UK Gov.