Gore Street Energy Storage Share Discussion Threads

[waterloo01] 16/11/2023 10:10

Not sure the link will work, but interesting seeing the ever increasing NAV compared to share price

[waterloo01] 16/11/2023 10:04

A mystery indeed. For a long period, this traded at about a 15% premium to NAV, which seemed justified. At 84p current discount to NAV 30.5%

[cc2014] 16/11/2023 09:59

Given the fund manager bought around £1m of stock at around 80p I'm assuming that's a good price so I'm staying in for the moment.

I cannot work out why the share price went to 70p never mind 60p but whatever someone was willing to sell me some stock "cheap".

I really would like to see the results before exiting but 14th December is a long way away.

[route1] 16/11/2023 09:11

Good news, possibly long overdue, with the Government realizing the importance of this sector, which ultimately will reduce consumer prices and at the same time, hopefully, inflation as well.

[someuwin] 15/11/2023 17:51

Price paid for offshore power to rise by 50%

The price paid to generate electricity by offshore wind farms is set to rise by more than 50% as the government tries to entice energy firms to invest.

Its comes after an auction for offshore wind projects failed to attract any bids, with firms arguing the price set for electricity generated was too low...

[alan pt] 15/11/2023 16:34

Yep, done OK on the average down here, but only just popped my head above water on EBOX, still down on DGI9. Still, happier times, for a month or two at least :)

[spectoacc] 15/11/2023 16:23

Amazing isn't it, the final falls as much as the recent dcb's. Bet all of us buying things at the bottom were averaging earlier buys :)

(GABI my sole exception, in at 51.5p avg & hoping for higher than here).

Would like to see GSF back near 90p.

[alan pt] 15/11/2023 16:18

Remarkable that it was only two weeks ago that I bought some at 61.7p. Now back to where I started buying in Aug. Went in a straight line down, now in a straight line up...

Zero change in the management, the communication strategy, the assets. Just a seller finishing and a change in interest rate "mood music"

If it settles in the 80-90p range that seems like a good run, time to sit and collect the divi

[waterloo01] 15/11/2023 13:30

That's Barclays for you

[tayle] 15/11/2023 13:28

Barclays will only allow buys for "professional investors" also applies to SMIF. changed status on ISA to sell, didn't inform me I had to ask as I was going to top up !If you search GSF or SMIF it will not display the request.

[daveoz1] 15/11/2023 12:33

QS99: I bought on 13th, no problem with Interactive Investor. Let's hope this IS the turning point, so good to see the graph going upwards for a change!

[bountyhunter] 14/11/2023 15:57

I wouldn't go near them for trading, not to mention their exorbitant charges.

[cwa1] 14/11/2023 15:53

If there's anything wrong it's USUALLY Barclays :-)

[bountyhunter] 14/11/2023 15:46

I ditched them as well. Their prices weren't competitive.

[fordtin] 14/11/2023 15:36

QS99 - which broker are you with?
I closed my account with Halifax last year because they decided they wouldn't allow me to add to some of my share holdings and restricted any further trades to sells.

[waterloo01] 14/11/2023 15:33

I seem to recall someone said Barclays won't allow trades. I'm with HL and no issues. ( if not GORE try GSF)

[qs99] 14/11/2023 15:29

Trying to buy via my stockbroking a/c and it doesn't show the share anywhere, really odd? Any views please!

[yump] 13/11/2023 21:10

Persistent highest volume for a year from 70p down to 60p and back up. Perhaps the turning point ?

[someuwin] 13/11/2023 20:41

'Milestone moment' for electricity grid as new rules mean 'zombie' projects can be terminated

The energy watchdog has introduced rules to speed up the amount of time it takes energy projects to connect to the national grid and begin powering it.

New Ofgem regulation will allow stalled energy schemes to be kicked off the list of generators and storage projects waiting to be connected, freeing up space for ready-to-go projects to provide energy to the grid...

[scruff1] 13/11/2023 19:41

atlantic
So did we long term holders

[mirandaj] 13/11/2023 16:27

For information

[waterloo01] 13/11/2023 15:56

Atlantic, IMO, a mix of sentiment and low renewables prices in UK (now recovering)

[marksp2011] 13/11/2023 15:52

Atlantic

Fear and Digi9
Did they have the beans to finish their committed pipeline or, were they going to issue shares or something at a ridiculous discount

[atlantic57] 13/11/2023 15:49

Waterloo I struggle to understand what factors lead to a plunge from circ 100p to low sixties and then a sudden recovery .

[waterloo01] 13/11/2023 14:13

Discount on NAV at 76p is 37.5% and divi 9.85%, I'd suggest the boat is still worth getting on board with.