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Share Name Share Symbol Market Type Share ISIN Share Description
Downing Renewables & Infrastructure Trust Plc LSE:DORE London Ordinary Share GB00BLF7PP25 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 98.80 98.00 99.60 98.80 98.80 98.80 33,508 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments - - - - 121

Downing Renewables & Inf... Share Discussion Threads

Showing 51 to 75 of 75 messages
Chat Pages: 3  2  1
DateSubjectAuthorDiscuss
24/6/2021
14:55
Some others such as ORIT have gone the other way. Maybe switching was the answer.
jonwig
24/6/2021
14:25
The discount has turned into a tiny premium now! Hopefully a sign of good things to come.
kandiru
12/6/2021
18:16
Just to let shareholders and prospective investors know that Downing Renewables & Infrastructure Trust plc (DORE), BB Healthcare Trust plc, Impax AM, Sterling Investments, Antler, Vietnam Holding and Golden Prospect Precious Metals will be presenting at Mello Events Trusts and Funds webinar event on Tuesday 15th June at 4pm-8pm. There will be over 600 investors attending and these are very popular shows with the latest insights and analysis from investment managers, research professionals, analysts and experienced investors. You can get 70% off your ticket using the code TF70OFF. Https://melloevents.com/trustsandfunds/
melloteam
04/6/2021
12:25
These shares are on 4%-5% discount to the net assets value and the yield is 3% rising to 5% in future. As far as investment trusts in general this does not strike me as particularly cheap. Maybe it is cheap compared to other ITs focused on the renewable energy sector?
brwo349
03/6/2021
18:21
I have just been listening to the presentation and am inclined to recommend these shares to my wife who subscribes to the Guardian and is well disposed to Renewables. The slides referred to a GAV of £201 million as well as a NAV of £122 million. Can anyone here tell me that might be meant by GAV ?
varies
26/5/2021
16:05
Thanks all, for the presentation comments. I'd no chance of listening, but hope to catch up with the slides. This one does look like an outlier. Maybe will take time to get a firmer valuation.
jonwig
26/5/2021
15:29
Ha!Ha! Fair play aspringo, you’re a faster typer! As you say, similar view. We both topped up today, so guess that says something.
gbcol
26/5/2021
15:16
Apologies gb, posted identical at the same time.Yours a much better summary.That was my 12000 + buy at 94.2999.Good luck to all long termers.
aspringo
26/5/2021
15:13
Interesting presentation today. My main takeaways:- They are surprised that share price is such a discount to NAV & don’t see any reason why it should be. Good pipeline of opportunities Expect further fund raising later in year Do not think it is reasonable to existing shareholders for fundraising to be at discount to NAV Bit vague on dividend timing but it will be declared in September this year and paid shortly after (the following month??) then quarterly. On target for prospectus target of 3% first year then 5% for 2022. Presentation should be available on website soon if you want to view it. I’ve got a fair stack of these and I bought a few more this morning. I’ll probably buy a few more shortly on the belief that share price will get closer to NAV and for the divi which is my main driver here. If anyone was on the presentation and thinks I’ve got anything wrong, feel free to point it out.
gbcol
26/5/2021
15:13
Just listened to the webinar. Management happy that they've achieved what they said they would. Obviously disappointed with the discount.Divi approx 3p paid quarterly to start with from September. Lots of diversification, territories and industries, to reduce risk.All in all a question of faith.Upped my holding to 5% of portfolio. Probably need to stick here, but no doubt will be tempted to buy more if it continues to trade lower.Sorry not more in depth but missed the first part. Hopefully they will post on their website.
aspringo
21/5/2021
20:57
Financial Dates Net Asset Value - May 19, 2021 2021 Half Year Results, Declaration Of Dividend - September 6, 2021 Net Asset Value, Declaration Of Dividend - November 19, 2021 2021 Annual Results, Declaration Of Dividend - March 21, 2022 AGM - April 6, 2022 Net Asset Value, Declaration Of Dividend - May 19, 2022
gateside
21/5/2021
20:28
The prospectus was very clear and said “ The first interim dividend is expected to be declared in respect of the period from Admission to 30 June 2021 and paid in September 2021.”. I’ll be taking this up with investor relations.
gbcol
21/5/2021
19:12
First dividend announcement not due till 6th September - info on their website The revamped website is clear and information and far better than most companies of this size. Still not bought here, but very decent update and am tempted to buy, but I have plenty of other renewables already in my portfolio.
gateside
20/5/2021
10:55
Yes, we’ll that should be achievable - hopefully in the next few weeks. I believe that they are due to announce the 1st divi in June, which should help share price a bit too.
gbcol
20/5/2021
08:36
Basically, a premium to NAV with a bit of margin on that. If the share price was 103p and nav 99p they could issue at say 100p.
jonwig
20/5/2021
08:07
Yes jonwig, positive update. As a minimum we should be a lot closer to £1 where we started and this update should help. Have you any thoughts/knowledge on what level share price would need to be before they can issue new shares?
gbcol
20/5/2021
07:52
Today's update should help to rerate. They can't grow unless they can issue new shares, and for that they need the share price to reach a premium to NAV.
jonwig
06/5/2021
17:18
GBCol; Thanks for update.
pojscott
06/5/2021
10:48
Thanks - of course, they can't tell you anything not in the public domain, which explains the rather bland response.
jonwig
06/5/2021
10:40
Re post 47 and my email to IR regarding my frustrations and queries. I had to chase up a response. What I got back wasn’t very enlightening but key bits are below FYI. NAV to be updated later in month which might be informative. “ To give you an update in the interim: We are pleased to have deployed the majority of the capital raised ahead of schedule in just five months since DORE listed. We have invested in a diverse set of assets that supports DORE’s investment policy of diversification of technology and geography: a hydro portfolio in Sweden and solar portfolio in the UK respectively. Pipeline is strong and we expect high levels of activity to continue throughout the year. Valuations are currently been undertaken and we will be publishing the NAV update alongside the fact sheet later this month.” They are also updating their website, which might provide a bit more information going forward.
gbcol
28/4/2021
14:53
Once you have the nav premium, you tend to hold it (ORIT, GRID, etc); the new entrants need some results to get into the super league, though DGI9 seems to have made it straight away. So far there's no evidence that DORE is inferior, just that it hasn't the evidence yet.
jonwig
28/4/2021
13:47
The performance here is making me rather relutant to look at USF, premiums may become a thing of the past
hindsight
28/4/2021
10:41
Well in for a penny as they say.Got another 15k order in, hoping for 95.Probably mad but staking the company won't want their reputation damaged by an unsuccessful new trust, in which they trumpet their expertise. As mine are in a SIPP, I'm hopeful they'll do what it said on the tin.Good luck to you all.
aspringo
27/4/2021
18:05
Yes I certainly will (nothing yet).
gbcol
27/4/2021
17:35
GBCol, please let us know if you receive a reply.
pojscott
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