Foresight Solar Share Discussion Threads

[stevefoster] 16/7/2024 12:51

The recent AGM voted against discontinuation, so not for at least another year.

[petersinthemarket] 16/7/2024 12:11

This Trust looks rock solid to me.
Is discontinuation a realistic possibility?
pete

[rj allen] 09/7/2024 21:17

Does anyone know if there are any platforms which will allow holders to accept the Unlisted B shares option. Both Halifax and AJ Bell will only accept the cash offer.

[marketmuser] 04/7/2024 11:56

The last L in FSFL stands for Ltd. Which tells you it's incorporated as a company...which tells you it's an investment trust not a 'Fund'.Of course you could have just gone to the FSFL website which, in the very first sentence on its home page, states it's a closed ended investment company!

[lord gnome] 03/7/2024 14:40

Or even a Trust Fund, perhaps? It's a 6 and 2 threes if you ask me.

[gbcol] 12/6/2024 15:32

Re 358, although there will undoubtedly be some that want discontinuation due to the large discount to NAV, I believe that it is substantially down to the format of the resolutions.

If you “blindly”; vote FOR all resolutions, then you would unwittingly vote FOR discontinuation. If you hold in a nominee account it is not made easy to vote for some resolutions and against others. With AJ Bell you need to send a message detailing out your votes, which is time consuming and awkward. In the end I didn’t bother voting at all.

Other funds have done the same with the resolutions and got large votes in favour of discontinuation although 24% here does seem rather high.

That said, they indicate that they have received views on why some voted for discontinuation, and it would be interesting to know what they were.

[gemlotte55] 12/6/2024 15:05

And me👍
Today have added from last dividend via HL dividend buyack.

[masurenguy] 12/6/2024 14:55

Confirmation of a 9% yield at the current shareprice. That'll do for me ! 😊

Declaration of Dividend

Foresight Solar is pleased to announce the first interim dividend, for the period 1 January 2024 to 31 March 2024, of 2.00p per ordinary share. The shares will go ex-dividend on 25 July 2024 and the payment will be made on 23 August 2024 to shareholders on the register as at the close of business on 26 July 2024. The Board confirms its annual dividend target of 8.00p per ordinary share for the 2024 financial year.

[marketmuser] 12/6/2024 14:50

Maybe a reason for the rather chunky vote for discontinuation!