Contourglobal Share Discussion Threads

[ben value] 21/12/2022 10:46

Ignore me. I see it is part of a cash takeover bid

[ben value] 21/12/2022 10:39

Hi I don't quite understand what this delisting notice is about. Any help is appreciated

[solarno lopez] 22/9/2022 09:59

Thanks for the input Steve

[steve73] 22/9/2022 09:51

GRID.. Gresham house storage..

When I bought my GLO originally (about 2 years ago) it was a toss-up between that and the original GHE fund. GLO stayed about flat (until the recent 25% uplift) whilst GHE had increased about 50%. I sold my GLO a few days after the deal was announced, and switched into GRID as GHE looked to be falling.

To be fair, most of the renewable infrastructure funds have added 10-15% since the GLO deal was announced.. e.g. BSIF, FSFL, JLEN, NESF, that I watch, and TRIG (that I've been holding for a few years)..

But where they will go from here is anyone's guess, so DYOR.

[solarno lopez] 22/9/2022 06:54

Steve can you point us the direction of your new share please

[steve73] 22/9/2022 03:34

g-e...

You can sell your holding at any time and immediately receive around 98% of the ultimate "price". Or you can wait until the deal completes and then have your cash "tied up" for perhaps a couple of weeks until it's finally paid out.

I sold my entire holding within a few days of the initial announcement, and put the proceeds into another renewable funds which has since grown around 15%, as well as attracting similar dividends to what GLO are maintaining.

It's usually only worth holding to the bitter end if you think a better offer will come along.... which IMO is unlikely in this case.

DYOR/NAI etc..

[golden_eagle] 21/9/2022 12:48

Anyone know when the deal will complete and we get our cash

[keyno] 25/7/2022 10:27

Thanks Aleman and I know that thread. I hold DUKE btw, which I see you mention. I liked the energy aspect of GLO so will be quite sad to see it go from the p/f but happy with the offer. Never satisfied in this game..

[aleman] 25/7/2022 10:18

Try the DIVI thread for ideas if you are looking to replace the income.

[keyno] 25/7/2022 09:54

GLO was rather a one-off I felt when I bought in last year so assuming the sale goes through in a few months, I'd be interested to know what holders are planning to buy with the proceeds.

[sam 4224] 19/5/2022 08:55

Hi, where have you read re the 200 nurses. Cannot find that anywhere ?Thank you Sam

[ram376s] 18/5/2022 12:39

Correct .GDR 300 nurses to train with new test .Possible multibagger .

[woodhawk] 18/5/2022 10:45

Shame to see good but undervalued UK companies continually snapped up on the cheap by overseas buyers though.

[rogerramjett] 18/5/2022 10:24

Certainly has. I would have been perfectly happy holding this for some time. I guess the Bidco also thought GLO were a decent buy.

[woodhawk] 18/5/2022 07:45

I've sold out - reckon I can do better over the next 4-5 months with my cash than the couple of % potential gain now on offer here. Offer price reduces to 259.6p after divi as well. Shame to see it go as I like good quarterly divi payers. I intend to top up DEC, HFEL and NESF. Good luck all, GLO has been a very nice little earner for most of us.

[jimmladd1] 18/5/2022 07:35

Fair enough... I'll prob hold for the Divi in the meantime and sell when I find something else when the opportunity arises.

[wallywoo] 18/5/2022 07:24

Lol, so you are going to hang on for an extra 4 /5p per share? Seems bonkers to me.


It will likely take 6 months before you receive the proceeds, which at current inflation rate (9%), will cost you 4.5% (cost of money).


I sold out of 20k shares yesterday at 258, bgt sfor at 287 5 minutes later. I have missed out on 5p per share, so £1000, cost me £3 to sell, BUT thisdeal could fall through and I have the money now (4.5 % of 51,600 is over £2300 odd). Hopefully this money will work hard for me over the next 6 months. No brainer.

[rogerramjett] 17/5/2022 17:05

Just so you are aware. RnS states Q4

[rogerramjett] 17/5/2022 17:05

Likely be October before the pay out.

[jimmladd1] 17/5/2022 16:58

Thanks.... I think I will wait for the 4p Divi and get 259 or so in that case and save the dealing costs in the meantime while I search for something else

[golden_eagle] 17/5/2022 16:29

@jimmladd1 due to the uncertainty of the deal going through and I think 4p gets chopped off the price because of the upcoming divi

[jimmladd1] 17/5/2022 16:10

Sorry if I'm being dim ... Is there any reason why this is not trading closer to the offer price?

[norry2] 17/5/2022 15:21

Thanks for the ideas. I think HFEL is likely to be my main new purchase - will probably also top up a few existing holdings in AV, MNG and maybe PSN.

[williamcooper104] 17/5/2022 15:12

I hold NESF, BSIF and GCH - so absent any other ideas will probably top those up