Member Info for whitelye

Company has announced a managed wind down after evaluating options. Full details in RNS

At a yield of 7-8% there are other investments in the renewables sector and elsewhere too offering a greater yield. They will have to make a very good case for investors to remain in this stock rather than move elsewhere - even if it involves taking a loss.

Dividend rebased to 4.00p - 4.60p giving yield of 7-8%. Full details on RNS.

Risk of AI platforms muscling in on Aberdeen wealth management business. Explnation under ABDN share news. Has affected other wealth management companies besides ABDN.

Basically, words taken out of context and he states "we did not say we were going to wind the company up". Could not post a link but you should be able to find the interview on Investment Week.

Statement in Investing Week 17/12 from Jonathan Maxwell. He sets the record straight over comments made to shareholders in its annual results.

Difficult one this - cutting dividends. Many investors went into renewables looking for a "secure" income. They appeared to be a sound investment backed by talk of moving away from fossil fuels and into a sound future for renewables. Whilst what you say about cutting divi's may make sense, by doing so you find yourself competing with a field of quality investments eg. LGEN, AV., TW., MNG with similar yields of around 5% to 9%. Could this result in an exodus away from renewables by those who have lost patience with the sector and into a more secure area of the market, rather defeating the exercise? Just my thoughts.

Would like to know more about the Texas problems. Is market saturation considered a permanent feature of the landscape for example. What plans do GSF have to address this - if at all possible, is that the only problem. I presume I have read this correctly.

TRIG / HICL merger is cancelled. Details in RNS

Tony Quinlan has been appointed Non Exec Director and new Chair of NESF. Ex Drax (CFO) Laird, Hill and Smith and Costain. Should have plenty of experience particularly coming from Drax at the time of transformation from coal to sustainable. Full details RNS.

By "test the waters" I assume you mean test the backbenchers. A glowing example of the tail wagging the dog !

HICL Infrastructure and The Renewables Infrastructure Group are to merge creating the UK's largest Infrastructure company with net assets in excess of £5.3 billion. Merger to complete by Q1 2026. Initial dividend of 9p / share. TRIG is an investor in renewables, their portfolio complementing HICL who predominantly invest in non-power assets.

Today it was the turn of BSIF to post (on RNS) of the impact of inflation indexation on their portfolio. It would be nice to hear from NESF of the effects on their portfolio. So much for more communication!

I wonder if todays drop has anything to do with Govt plans for LLP's which may affect legal firms and accountants?

Don't really know this company that well. However some of the earlier post on this board don't make particularly good reading despite the profitability of the business. Perhaps we will find out more tomorrow, the large UT trade but mainly the final trade shown seem to have been responsible for the drop (457K shares traded today).

Update looks positive overall. However in the accompanying notes there is an upcoming 4th quarter £4.5 billion redemption from a low margin quant mandate. This is client driven by an asset allocation change. I am assuming "allocation change" means the £4.5 billion will be staying invested within the group?

Positive statement from the group. Things looking up.

Nice £51.5K purchase of shares by Gateley non-exec. Nice to see directors with faith in their company and investing. Details in RNS.

A redrafting of the final results just announced. Seemingly, Barry Olliff felt that the text does not reflect his opinion of the company. Anybody throw any light on this?

.....and now Glass Lewis are coming out behind the board of GSF. They really are putting a lot of effort into this, running scared I'd say!