Atrato Onsite Energy Share Discussion Threads

[makinbuks] 29/3/2025 16:39:48

"As set out in the Liquidation Circular, after taking into account the net proceeds from the Disposal, the Company's known liabilities, service provider termination costs, estimated advisory and termination costs, estimated net interest income and the Post-Disposal Dividend of 1.98 pence per Ordinary Share, it is expected that Shareholders will receive 80.2 pence per Ordinary Share in total, marginally above the Estimated Net Assets per Ordinary Share of 80.0 pence referred to in the Disposal Announcement."

Initial distribution was 77.5p

"The final distribution, if any, will be paid at a time to be determined solely by the Liquidators but is envisaged to be in the region of nine months after the entry into members' voluntary liquidation."

MVL was entered December '24

[bathcoup] 29/3/2025 10:18:04

Makinbuks,

"... the final payment of 2.5p, due around September."

Sorry to ask - where did you get this information?

[makinbuks] 11/2/2025 11:05:21

Any views on the value of the final payment? 2.5p? Due around September. Interesting to see how much the liquidator takes. Not sure why Atrato couldn't have done a B issue to distribute the 77.5p and then left a much smaller liquidation process

Disappointed to see this go. Made a very good 15% in the 12 months I held but unfortunately peanuts in absolute terms

[madmix] 11/2/2025 08:18:44

Still waiting for Halifax/iWeb.

Edit : Cash has arrived now (12th Feb).

[jitters3] 09/2/2025 11:55:01

Its in my AJ Bell account think im going to put the proceeds into something safe like Royal London short term money markets unless anybody has other idea

[boystown] 06/2/2025 16:46:03

Yes - it's in my Hargreaves account - 77.5pps

[ramellous] 06/2/2025 16:26:45

It just turned up in mine

[ramellous] 06/2/2025 16:26:44

It just turned up in mine

[boystown] 04/2/2025 19:19:24

Do you think they'll RNS payment - or will it just turn up in our accounts?

[madmix] 04/2/2025 11:37:24

"It is anticipated that the Liquidators will be in a position to make an initial distribution of substantially all of the net assets of the Company in late January or early February 2025."

Early February has arrived, so hopefully payment will follow shortly.

[boystown] 06/1/2025 15:58:20

Thanks jitters3 - I also bought some CLI on Thursday at a shade over 78p.

[jitters3] 06/1/2025 09:21:30

Yes not long to wait now .I've taken a position in CLI with a 10.2 % yield

[boystown] 04/1/2025 13:36:40

With c.4 weeks to go 'til we get paid out - what's the consensus on a good and reasonably high yield home for the proceeds? Bargains seem to abound generally in the IT-sphere still - particularly for those of us content to take the yield and not worry too much about the capital value - though as ROOF showed, we can get the occasional pleasant surprise.

I already have a few DORE (but could get more) NESF and RNEP, along with others in a similar but different category including disappointers DGI9 and GRID - plus FGEN, RMII, BBGI, GCP, SEIT and a few REITs and wind-downs (ASLI, ADIG) along with MGCI, VTA, APAX, RECI and a few other equity & bond income ITs and ETFs from the UK and different parts of the globe etc.

All ideas welcome.

[edwardt] 26/11/2024 16:58:37

oh - thanks

[chucko1] 26/11/2024 16:56:06

Not my understanding - which was 80p less any dividends paid. So around 78p.

[edwardt] 26/11/2024 16:22:21

still think it is 8- despite the divi....

[valustar1] 13/11/2024 11:30:00

ThanksAnd it's 80p. Will they need to confirm excact figure

[chucko1] 13/11/2024 10:36:31

My best estimate is early Feb 2025.

[valustar1] 13/11/2024 09:37:28

Apologies for the question but when will shareholders be paid out

[edwardt] 21/10/2024 19:40:48

Good for you - others will simply take the cash and run. We are Brits after all - spivs the lot of us

[ntv] 13/10/2024 19:24:45

Anyone else planning to vote against
I am
But i only have a small amount

[ramellous] 07/10/2024 07:33:41

Will they still be paying dividends before the proposed buyout?

[rambutan2] 06/10/2024 23:20:36

Would have thought that locally produced roof top solar would become more valuable if international energy mkts go into melt down.

Was watching Brookfield's capital mkts day last week. Yes, they have switched into buying mode and have loads of capital to play with. It is a deeply impressive business - wish I'd been a long term shareholder as long term returns are up there with the very best.

Also watched CREI's latest presentation recently, and when answering one of the questions manager Shepherd noted that they were making better returns on the rooftop solar they were gradually adding to their buildings than on the rent. Prompted me to take at look at ROOF, but the bid came in before I had any spare cash to buy in.

[williamcooper104] 06/10/2024 20:22:07

If you're worried about that then don't hold your cash in sterling - better with dollar, yen and gold

[cynicalsteve] 06/10/2024 18:57:01

Funny how people can have the same view of the world situation but reach opposite conclusions! I immediately sold because the upside is limited and if things get worse in the Middle East or Ukraine the deal might fall through, if things get much worse I can burn the money to keep warm.

People seem to have forgotten that Israel has nuclear weapons and is led by someone who might be willing to use then, if Israel uses them Russia might do the same because Putin wouldn't want to be left out.

I'm using every reasonable selling opportunity to increase my cash position.