Member Info for WillJa

Dividend cover is also helped by the share buybacks, less shares in issue etc etc. As an earlier poster put, do we think this is heading towards a gradual wind up or even being acquired? Reducing assets, reducing debt making the company smaller.

At the current time of writing it's half and half with so down around 3%. So this is interesting as it probably means the other trusts have factored in similar declines.

So as the nav has declined by 6p, this will mean the SP will also decline to reflect this?

With the turmoil in tech over in the US today, there was a moment this morning where some reteric around the fed will have to lower interest rates to start stimulating again, most of these interest rates sensitives were up nicely, so they could well provide a hedge in a forced cutting cycle. Surely these can't go much lower 😂.

Haha it's nice to get a response to my somewhat wayward posts 😂.

With another 2% plus leaving the SP today, I feel the urge to buy more, as they appear to be way over sold (in my head atleast). I listened to money makers over the weekend who touched on this very subject, I am a big fan of Peter Hewitt's insights.

Link below, though may have listened to it.

https://youtu.be/toPprmhzkl8?si=A3uGIw88pYhP5dEM

I feel a small top up coming tomorrow.

Will be interesting reading indeed, I saw the RNS and thought it was here, nope last round of buybacks?

Yeah, the other day was that opportunity.

We should consolidate around the 500p mark, I hold these through work so have no choice but to hold until they become tax free.

SP dropping now 🤔😉

Be great to managements comments especially around the low winds.

The whole sector in general is been smashed, which in isolation makes sense with rates high and inflation expectations high, I get that.

But what I find troubling are the NAVs for these trusts appearing to be stable, so something is nagging waving a red flag saying someone is wrong here and with the lack of updates from any of these trusts, it just doesn't sit right.

I mean this forum and others are banging the discount drum really hard, but if this opportunity is so good and not to be missed, why are they in this position? Something doesn't smell right.

All IMO and I hope I'm wrong, usually am 😂

The Company announces that its unaudited Net Asset Value as of 30 September 2024 is £3,600 million (158.6 pence per share).

So should be due another update soon, would be nice to watch a video interview from Stephens perspective.

This is the question the management should be answering! Can't remember the last time I watched / read up an update on how the company is performing at a NAV level.

He means our capital, after all a dividend is not free money either. Let's see what today brings, I predict more capital depreciation.

What.. a.. dog!

What a lovely time to think about selling, lock in those profits whilst you still can. Keep some on the table just in case she goes higher, but we all know she won't, for very long anyway.

Honestly I'm sick to death of these shambolic complete dog of a investment green / infrastructure / renewable call it what you will, light you cash on fire trusts. Utterly fed up beyond belief. WHAT THE FUDGE ARE MANAGEMENT doing about it? Diddly squad!!!! Buy backs are not helping, fudging wind the things up already, worst investments ever. Pathetic.

UK 10 year has crept up this afternoon, could the reason for the downward path into today's afternoon session.

Wake me up in a year 🤣.

This is now on a 24% discount 🤣 so bought some more, can't get much worse so.

Even Trig has caught a bid the last two days!! This share is such a dog, can't wait to sell once I'm near even again, though at that time it might mean the sector is looking better and I should hold lol.

I would have thought a predictable industry such as this the company should be able to pay out dividends with little effort, I get however that it feels off putting seeing the share price constantly drop day after day month after month and wonder whether the dividend is sustainable.

One I thing I will say is the discount is 30 plus percentage now, as the dividend comes out of the NAV, the effect on share price is greater, so would push that discount out further on ex dividend date, so whether they take that into consideration I don't know.