Share Name Share Symbol Market Type Share ISIN Share Description
Foresight Solar Fund Limited LSE:FSFL London Ordinary Share JE00BD3QJR55 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 100.20 100.20 100.60 100.60 100.00 100.20 344,644 16:35:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 39.6 -7.2 -1.2 - 609

Foresight Solar Share Discussion Threads

Showing 26 to 48 of 150 messages
Chat Pages: 6  5  4  3  2  1
Took some profits due to the 17.77% premium.
from Shares main feature article Big companies with big decisions to make in 2020 WILL FORESIGHT SOLAR ENTER THE SUBSIDY-FREE MARKET? Next year could prove momentous for the Foresight Solar Fund (FSFL), which makes money by selling power from its solar farms to electricity suppliers and it recently entered the FTSE 250. Thanks to increasing momentum behind renewable energy, building and running a solar farm in the UK is now becoming an economically viable thing to do without needing to rely on government handouts. This is something which could transform the industry and its growth potential going forward. Yet in addition to reviewing investment opportunities in UK subsidised solar markets, the investment manager Foresight is closely monitoring the development of subsidy-free markets in Spain, Portugal and the UK. This area has developed rapidly in Southern Europe, where a number of relevant transactions have been announced in Spain and Portugal, so 2020 might just mark the fund’s debut foray into the subsidy-free arena.
Featured in this weeks Shares magazine 'Why this solar fund is a great portfolio addition'
Odd that the market price has dropped below the placing price of 119p which was oversubscribed according to the RNS. Does not seem to have been quite as popular as TRIG's recent placing...
Topped up at 118p below placing sale going on
Another fund raise here today.... There must be plenty of good opportunities around, or maybe they're all just making hay while Greta is shining...
9 million volume and a leg up to 126p to close the week. Very pleasing but can anyone knowledgeable comment on this? The premium over NAV is already large.
lord mandelbaum
Hi guys, I am after some info. Is it the case that you can no longer get planning permission for onshore wind turbines in Scotland. Cheers.
Not holding these atm Https:// "The new financing comprises a £170 million term loan facility, a £65 million revolving credit facility ("RCF") and a £10 million debt service reserve facility. The £170 million fully amortising term loan facility will expire in March 2036"
zero the hero
Don't know, Steve, but sold all of mine to buy back in at a lower price. All of the Green Infrastructure funds seem toppy to me so am out of all of them except GORE.
BSIF had a good rise yesterday.. anyone know why..? I.e. was it specific to them or might we expect a bit more today?
Released full year results this morning - quite creditable results Nav : 111.2 Dividend increase to 1.69 pence quarterly Next ex Div 10 May Next Payment : 24 May SP moved a little to 114.5 bid and 115 offer leaving it at a 3.5% (ish) premium to NAV which is well below the sector average and a yield of 5.9% (ish) which is close to the highest. Dividend is well covered and the NAV seems to have been arrived at with conservative assumptions. They do not seem to have gone through the same exercise as UKW and TRIG by extending the life of the assets (thereby increasing NAV) becasue they have already done it but there is still some upside here for FSFL. Currently I am not sure which is the better buy in this sector BSIF or FSFL so I am happily holding both but will buy more FSFL as and when finds are available.
So today FSFL got authority to place a lot of shares at the AGM. Will that knock the price? My guess is yes, so sold a tranche today (which was marked as a buy because my broker got a good price). Am bettng that either I can take part in the placing or I can buy them back for a lower price - we shall see.
I'm naturally suspicious about selling assets from Foresight Group to FSFL. It sounds good having exclusivity over the deal ;) I don't have a feel on whether it's a good deal but I'm sure it's good for the management fees ... Won't stop me holding though.
Thought Australia was a great next step to diversify into non reliance on subsidies but federal issues seem to make for uncertaimty there. The uk market is limited from here bar battery developments.
Plenty to read in the AR: htTp://
Pretty good results published today. See Dividend rises with RPI to 6.58 pence next year. Forward yield is 6.20% NAV up "During the year, the Net Asset Value ("NAV") per Ordinary Share increased by 4.1 pence from 102.9 pence as at 31 December 2016 to 107.0 pence as at 31 December 2017.". so now trading at a discount. The discount rate is in line with the move by BSIF to 7% compared with TRIG which is 8%. I have enough so am not topping up.
Results out tomorrow. Wonder if they will keep the inflation link in their dividend policy.
Yes, Gateside, I do hold most of these at any one time though I may be out of one if it seems a bit toppy - so I am out of UKW at the moment. I do tend to trade in and out of them - particularly when they are about to raise more money - and tend to make an extra 3 to 6% on the trades. I particularly like JLEN, TRIG and FSFL and BSIF for an annual trade. It's peak dividend period is about the turn of the year and so I dive in in October (ish)and out again just after the turn of the year dividends. Amusingly and luckily this year I swapped EMP for BSIF on 16th August when both their share prices were 111.75. - purely for yield - EMP went down (a lot!) and BSIF went up. And I captured the 8th Sept dividend on BSIF as well. As you say with markets at all time highs, inflation linked yields of 6% or so are very attractive.
A0002577 I believe that you have all 6 of the Renewable Energy funds? I have held JLEN and TRIG since shortly after they floated. I like their mixture of Solar and Wind. Both also have interests in France with JLEN also having waste and waste water processing plants and TRIG having exposure to Ireland as well. Always felt that the extra diversification would mean that they would perform well. Though it would seem for some reason, that the 3 Funds which focus on just Solar have done better, and the sole wind company UKW has performed even better. Not sure why this is the case. Any thoughts? Anyhow I like the sector and last month added BSIF and today I bought FSFL Interesting that FSFL see growth by investing overseas in Australia, whereas BSIF, are staying put in the UK and on focusing on the southern England. The management for both seem to know what they are doing. I see NESF have moved into Italy this week, will be interesting to see which poses to be the best market overseas – Italy or Australia? For now NESF and UKW just remain on my watch list. With Markets at highs… investing in green energy with approximately a 6% dividend, paid quarterly, with limited risk to capital, is an attractive proposition. I see the sector doing well.
I like it too, Gateside. Does introduce a currency risk though - and we are in interesting times with Brexit looming on the not too distant horizon. However, Australia has had a very long period of continuous growth so it's currency should/might strengthen
Like their expansion into Australia, which adds some extra diversification and keeps this low risk. Goes Ex-dividend next week.
Had this from HL this morning....Foresight Solar Fund Ltd has announced its intention to raise in excess of £50 million by way of a Placing and Subscription Offer.The Subscription Offer opened on 3 March 2017 with our deadline expected to be noon 24 March 2017. The Offer price will be announced on 14 March 2017 and we will be contacting qualifying Shareholders confirming the full terms of the Subscription Offer shortly after this announcement.
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