Foresight Solar Share Discussion Threads

[purplepelmets] 30/4/2021 12:37

People realizing other than hydro that green energy is a scam? Ie the fossil fuel energy required to build from scratch and maintain and have backup traditional power means they will never reach full payback. Better stick with nuclear and fossil fuels and hydro where possible.

[yam114] 30/4/2021 11:43

Anyone know why the price is drifting down?

[gateside] 28/4/2021 10:34

Goes Ex-dividend tomorrow - 1.73p

[cwa1] 20/4/2021 13:58

Added a handful more at just under the quid mark. XD coming up a week on Thursday FWIW

[portside1] 25/3/2021 11:52

Ian not buying yet still looking

[gateside] 09/3/2021 20:24

Only real benefit is that FSFL have a 7% dividend while TRIG & UKW it's about 5%

[topvest] 09/3/2021 20:07

NAV still at the level of the IPO though. TRIG and Greencoat UK Wind are much better vehicles in my view.

[gateside] 08/3/2021 19:18

Results in the morning

[masurenguy] 08/3/2021 14:57

A 500,000 trade this morning @99.3p. Difficult to know whether it was a Sell, a Buy or a Rollover !

[playful] 18/2/2021 12:56

Foresight Solar Fund (FSFL) has consistently delivered on its investment objective from its launch in October 2013. It is the largest UK solar player and provides investors with a covered, sustainable and growing dividend, underpinned by subsidised assets in the UK and high-return growth opportunities globally. This continued during the fund’s arguably most challenging few years, amid declining power prices and the COVID-19-triggered economic shock. The solar industry’s growth potential remains huge. The IEA estimates that solar capacity needs to quadruple in the next decade globally (a 20% CAGR) to limit global warming to 1.5°C. The UK’ssolar capacity is forecast to more than double within the next 10 years.

[cwa1] 18/2/2021 12:51

Edison research(MAY have to register):-

[masurenguy] 16/2/2021 16:22

Cheers CWA1. I've a major position in BSIF - also considering FSFL for the corresponding good yield.

[cwa1] 16/2/2021 16:08

From the September announcement:-

•NAV decreased to £582.1m (31 December 2019: £628.0m), or 96.0p per share (31 December 2019: 103.8p) driven primarily by a reduction in power price forecasts

[masurenguy] 16/2/2021 14:32

What is the current NAV here ?

[robertspc1] 16/2/2021 11:20

Cannot understand why this trades at such a discount to BSIF ?

[gateside] 15/2/2021 16:23

FSFL seeks shareholder approval to allow up to 10% of GAV to be invested into PV co-located storage

[gateside] 15/2/2021 16:09

We seem to have acquired some sad lost soul, that thumbs down every message.

Results should be good, with the sunny late Spring / early Summer last year in the UK.
Plus the investments in Spain should boost the NAV too.

Solid 6.9% yield too.

[gateside] 15/2/2021 15:39

Results due on 9th March

[gateside] 15/2/2021 13:45

Beginning to wonder if this share is still trading!Price seems totally stuck.

[gateside] 11/2/2021 13:12

Share seems totally stuck to approximately 101.5p plus or minus a penny. Didn't really even go down when it went ex-dividend.Maybe we'll see an uptick after results.

[gateside] 04/2/2021 08:19

Ex dividend this morning

[ec2] 28/1/2021 23:56

These are doing exactly what they are supposed to by adding some portfolio stability on more volatile days. The battery storage will fit nicely with the power generation. The confirmation of the div (although never in doubt) also good to see.

[playful] 28/1/2021 17:07

Final (Q4) dividend
Ex date 4/2/21
Record date 5/2/21
Pay date 5/3/21
Amount 1.73p

[playful] 28/1/2021 07:21

Battery storage system opportunities!

I like the sound of this.

The Board of Directors of Foresight Solar Fund Limited, together with the Investment Manager, are pleased to announce the intention to seek shareholder approval to amend the Company's investment policy to allow for up to 10 per cent of the Company's Gross Asset Value ("GAV"), at the time of investment, to be invested into utility scale battery storage system opportunities ("BSS"), the majority of which are currently intended to be located adjacent to the Company's existing PV solar sites.

[gateside] 14/1/2021 21:38

Last year they announced...

Dividend on 22nd January
NAV update on 19th February
Finals on 9th March

So not long to wait.

Agree see fair value here at 120p