Gore Street Energy Storage Share Discussion Threads

[scruff1] 10/1/2024 09:03

I seem to remember that Ferrymuir was due to be energised last year !

Agree with coco - would be nice to see a straight £ figure instead of a code to be deciphered.

I dont know if its just me but nothing ever seems to be designed to be easily digested for some reason. It may be part of the problem here. Fudge never goes down well with the market.

waterll
Thats what they would have you believe but the market doesnt appear to agree. Its ok but not more. It was out yesterday as well obviously

[fordtin] 10/1/2024 08:46

"Ferrymuir (49.9 MW) remains on track to meet its energisation target"

Still a bit vague given the Half Year Results for the 6-months ending 30 September 2023, released on 14 December 2023, gives a target of;

“ Ferrymuir Jan - end 2024 49.9 MW “

And the Latest Factsheet dated 30 September 2023 and released on ??/??/??, gives a target of;

“Ferrymuir Feb 2024”

[mancman1] 10/1/2024 07:57

"-- Operational Capacity: the Company reports a 27% increase in operational capacity during the quarter to 372 MW following the 79.9 MW Stony asset becoming commercially operational during the period. The Company remains on target to achieve an operational portfolio exceeding 800 MW by the end of 2024. "

That is a very big increase in operational capacity. I wonder how long before we see a commensurate increase in revenue.

[mirandaj] 10/1/2024 07:24

Restatement of NAV @ 112.9p so a big discount.

[someuwin] 10/1/2024 07:21

Excellent update. Very positive.

"Looking ahead, we anticipate the Company's most pivotal year yet with operational capacity scheduled to expand to over 800 MW, including 200 MW coming online in the Company's fifth market to date; potential capital recycling; and a strengthening dividend cover from a diverse source of revenue streams. The Company is poised for significant growth and we look forward to updating the market regularly as these plans progress."

[waterloo01] 10/1/2024 07:16

Excellent results again and significant growth in 24.

[scruff1] 09/1/2024 21:42

Tea leaves are wonderful things

[yump] 09/1/2024 18:48

I don't think its very complicated. Loads of income stocks rose to resistance and have, or are, dropping back to the last major support before they had the 'plunge' to the spikey bottom.

When they are this volatile I'm sure they get traded, despite being income attractions.

[spectoacc] 09/1/2024 14:07

"Up to 6 cuts in 2024" always a pipe dream, and can say that on 9th January!

[lord gnome] 09/1/2024 14:04

Back down to 80p? The effects of over-exuberant expectations of immediate interest rate cuts are unwinding as the new reality of higher for longer sinks in. I can wait six months. I am nothing if not patient.A last top up at 10% yield beckons.

[spectoacc] 09/1/2024 12:29

GRID looks no better, if any consolation.

[mirandaj] 30/12/2023 15:38

19th December.

[cwa1] 28/12/2023 13:00

Yes, 12/1/24

[waterloo01] 28/12/2023 12:59

Yes 12th Jan

[mylands] 28/12/2023 12:39

Ex today and paying on Jan 12?

Can anyone confirm the payment date pls?

[lord gnome] 27/12/2023 17:17

Yes, still at a good discount (if you believe nav) and a running yield of 9%+ which will increase. I'm looking to add a few more to get to my quota.

[waterloo01] 27/12/2023 17:12

Well done, rarely a mistake to take profits. I'm becoming more and more an investor for dividends, so happy to keep holding. Still 20% discount to NAV, which should decrease and NAV increase as more assets come on stream.

[spectoacc] 27/12/2023 17:02

Ah, missed that - sold the last of mine just before close. Good luck holders - not much wrong with GSF, but had a very good run.

[waterloo01] 27/12/2023 16:47

Ex divi in the morning

[yump] 22/12/2023 15:59

Happy Christmas !

We’re going to try to avoid watching any news, Eve through boxing day. Bit of a challenge…. Banning mobiles during all meals could be tricky though !

[fordtin] 22/12/2023 15:35

yump - Great idea. I got me coat two and smiled all me way to the pub!

Seasons greeting to all

[yump] 22/12/2023 14:32

Fordtin

I’ll get me coat

[yump] 22/12/2023 14:31

Rambutan

Sorry was having a bad day of people saying “awesome”; and telling me to “enjoy”.