I also expect that by the next general election, global warming will be even higher on the populations agenda, Trump would have ended his stint as President and the worlds focus on net zero will have ramped up considerably. |
Surely you must be buying infra as a type of gilt they do seem to follow gilt prices albeit with a much higher yield and with the chance of a takeout at NAV like BBGI .
What is not to like I would say selling at these low prices is not how I would run my portfolio. |
That policy is likley to lose them more votes than gain, though I do expect they will make huge gains in Wales where the labour government have lost the plot with their war against motorists and their below par record on the economy and NHS services. |
@MRF very droll you sell a sustainable centric investment because its unsustainable!! |
MRF, just watched the Reform vid and bill payers are being screwed. |
I've sold out for a small loss. It is becoming increasingly clear that these investments that target net zero ideals are, by and large, unsustainable upon the wider population. The reform party has set out its plans for this industry, and it it patently clear that there must be a complete sea change in the way our government has been funding and helping this sector. This madness has to stop! |
Good to see a few of the renewable and infra trusts getting a bid today too |
brookfield could sniff around here imho |
Doesn't want to rally it seems. Bit of catch up required hopefully. |
Well if they needed more of a push on interest rates :-
GBP Construction PMI 48.1 53.5 53.3 |
Picked up a few on the back of the director buy and other infrastructure plays moving up a bit. Interest cut today will also help today if it happens. Seems extremely oversold. |
Has gone from 10k to 30k holding. Not sure when the closed period is. |
Small director buy too. |
My error, buyback continues |
It would seem that the buyback halted on Thursday last week, with approximately 18.1million shares in Treasury.Begs the question what's next for those shares? |
Thanks nickrl for your reply. I feel the same that it is very hard to tell with any confidence how these Its can maintain their payouts for some time in future and therefore appreciate others' thoughts. The market may be correct to value the more established and larger ITs like ukw and trig as more reliable. |
@riskreward the problem with these renewables ITs is they don't consolidate all the subsidiaries so the income is illusory to a degree as its generally a function of interest payments on loans from the holding company, loan repayments and dividends paid out from individual operating companies. How profitable each company is would mean raking through annual reports & accounts c80 of them!! which are always at least a year out of date. FGEN do give a few pointers in the reports as to how much income is generated across the portfolio which is largely from electricity sales.
Im still minded to have a nibble here but am concerned they are disposing of the "real" income producing assets to prop up the fish farm investment and fund the buyback. So am waiting for next set of results to see impact. |
A friend that allows Fentanyl and illegal immigrants across the US/Canadian border and China, a country stealing intellectual property for years and supplying precursor chemicals to Mexican drug cartels. Welcome to a world where a Political leader actually puts their country first.
For the record Donald Trump did not directly blame the plane crash on Obama's Diversity Hires, he spoke in general terms about the insanity of DEI initiatives particularly around flight safety. Try watching the actual statement he made rather than following the lemmings that believe the nonsense they are fed by the MSM.
wllm :) |
There are so many renewable energy ITs offering very attractive dividend yields and on huge discounts to NAV. I cannot trust the NAV as they can be anything that the fund management and their valuers happen to agree on. Plus the huge NAV discounts have the disadvantage that sharedholders pay the fees directly linked to it and may not get any benefits from it if it doesn't give a return like dividend to the shareholders. The more objective and real yardstick is the dividend and cashflow. I wonder what are people's view on how reliable are those dividends for the foreseeable future. How do you guys rank them in terms of your confidence in the dividends maintained or even increased in future, for the ITs like fgen, fsfl, nesf,seit,gsf,gcp, bsif, trig, enrg, ukw, grp etc? |
25% tariff on your friend (Canada), 10% tariff on your enemy (China) - welcome to the world of Trump, where a fatal plane crash on his watch can get blamed on "Obama's diversity hires", and both President and First Lady issue Meme coins to fleece the masses.
They appear very easily fleeced. They'll get it eventually.
Here's a dead cat. Plenty more to come.
FGEN - is the buy back over? Seems to have abruptly halted on Thursday. |
I know, its shocking nickrl, a Politician actually doing what they were elected to do. I'm heavily invested into renewables including here, but, these were struggling long before the brilliant President Trump got re-elected.
wllm :) |
Trump was always going to come in guns blazing and clear the decks then he will retire to his goaf course for the next four years inter dispersed with flashy state visits around the world. Back to here FGEN isn't in the US and potentially could be beneficiary from Trumps antics as i would suggest we will find even more downward pricing pressure on Chinese solar panel and inverters as they seek alternative homes for their significant production capacity. Of course its doubtful they are in a position to participate with the share price so depressed but debt mkt maybe still accessible. |
Blue today which makes a change. Hopefully we've seen the lows.
We are due a NAV update and a dividend declaration shortly (announced mid Feb last year). |
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