Good Energy Share Discussion Threads

[smackeraim] 29/10/2024 08:09

Should head higher. Hot sector .. the key here now imo is the acquisition which inserts them into public sector solar. The funding sloshing around for this is phenomenal

[mammyoko] 28/10/2024 16:44

Given that GOOD rejected a bid at 400p and that they are now considerably more profitable, I can't see the BoD agreeing to anything under 500p here. I agree that Dale must have been sounded out in advance for it to be even worth opening up negotiations.

So I could easily see this being 500p plus if it happens.

The market doesn't seem to be thinking the same way as me and looks to be anticipating a price closer to 400p if a bid comes at all.

[smackeraim] 28/10/2024 13:30

You can see the fit for EsyaSoft, already active across EU, and GOOD would be an excellent entry into UK green energy that's about to benefit massively from a Labour Gov. https://www.green-forum.eu/business/20240801/electrica-and-esyasoft-partner-to-establish-green-energy-joint-venture-in-romania-1290?trk=feed-detail_main-feed-card_feed-article-content

[chinese investor] 28/10/2024 13:18

Looking Good !

[fft] 28/10/2024 12:58

Can't see why Eysasoft would have bothered talking to the GOOD BOD unless they had talked to ECO before. ECO have what is effectively a blocking shareholding , so it wouldn't be worth the waste of time unless an understanding had been reached.IHC, parent of eysasoft is worth billions, so

[disc0dave46] 28/10/2024 12:47

smackerWhat shares!Just making the point that Eco as it stands could block the vote.

[edmate] 28/10/2024 11:10

Agreed basem1. 7p eps by my calcs on top of the 6p eps from amelio recently..

[basem1] 28/10/2024 11:07

Todays acquisition alone adds some substantial value Given the cash pile here I would like to see a bid in the region 5gbp

[smackeraim] 28/10/2024 10:02

https://www.proactiveinvestors.co.uk/companies/news/1059254/good-energy-gets-approach-as-it-unveils-new-rooftop-solar-buy-1059254.html

[smackeraim] 28/10/2024 09:45

unless they fancy buying haha

[smackeraim] 28/10/2024 09:45

probably won't hold that % when new shares are issued to the vendor for todays acquisition

[disc0dave46] 28/10/2024 09:35

Can block special resolutions (Companies Act 2006) as holds more than 25%. Believe they hold 25.8%.

[smackeraim] 28/10/2024 09:24

if the offer is high enough, 26% won't block it

[disc0dave46] 28/10/2024 09:14

You beat me to it. Explains the recent price action and looks like a leak. Trouble is Eco hold 26% enough to block the deal and they weren't to complimentary about Ecotricity / Dale Vince previously.

[c_k] 28/10/2024 09:10

After having a quick internet search, after wondering who on earth the possible offerer was, they are owned by Sirius Holdings, an Abu Dhabi based technology company with 9000 employees. I have never heard of them before but they seem to have the scale and resources to be a meaningful bidder if they choose to proceed with an offer.

[edmate] 28/10/2024 09:00

Yeah 400p may be cheap then. Other boards suggesting this esyasoft offer may bring ecoctricity back into the mix. DYOR

[smackeraim] 28/10/2024 08:54

You'd think above that. Company in much better shape than 2021 On 16 September 2021, Ecotricity announced the terms of its increased cash offer (the "Increased Offer") of 400 pence per share for the entire issued and to be issued ordinary share capital of Good Energy not already owned by Ecotricity.

[edmate] 28/10/2024 08:36

Nice news for a Monday morning. What sort of price we saying for a takeover? 400p ?

[smackeraim] 28/10/2024 07:28

https://www.esyasoft.com/Esyasoft Holding is a global leader in Smart Grid technology solutions, with a strong presence in the energy markets. Headquartered in Dubai, UAE, the company delivers innovative technology solutions that address the most pressing challenges in the utility sector. Esyasoft excels in smart solutions, including Smart Meters, EV Charging Infrastructure, Battery Storage, and advanced software development. With a focus on AI, IoT, and big data, Esyasoft drives sustainability and efficiency across the globe, helping utility companies reduce losses and carbon footprints while maximizing revenues.

[smackeraim] 28/10/2024 07:05

hmm interesting

[misoolisland] 25/10/2024 17:50

is this a good share

[chinese investor] 25/10/2024 17:26

Looking Good !

[edmate] 22/10/2024 09:45

getting some nice momentum now. Market waking up to the value...