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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Good Energy Group Plc | LSE:GOOD | London | Ordinary Share | GB0033600353 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 352.50 | 5,370 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 345.00 | 360.00 | 352.50 | 352.50 | 352.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electric Services | 254.7M | 2.88M | 0.1579 | 22.32 | 64.21M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 09:27:13 | O | 4,338 | 346.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 20/11/2024 | 10:20 | UK RNS | Panmure Liberum Limited Form 8.5 (EPT/RI) |
| 20/11/2024 | 10:14 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 19/11/2024 | 10:05 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 19/11/2024 | 09:48 | UK RNS | City of Bradford Metropolitan Dis Form 8.3 - GOOD ENERGY GROUP PLC |
| 18/11/2024 | 10:08 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 18/11/2024 | 10:01 | UK RNS | Panmure Liberum Limited Form 8.5 (EPT/RI) |
| 15/11/2024 | 11:12 | UK RNS | Panmure Liberum Limited Form 8.5 (EPT/RI) |
| 14/11/2024 | 09:56 | UK RNS | Canaccord Genuity Limited Form 8.5 (EPT/RI) |
| 14/11/2024 | 09:49 | UK RNS | Panmure Liberum Limited Form 8.5 (EPT/RI) |
| 13/11/2024 | 11:05 | UK RNS | Panmure Liberum Limited Form 8.5 (EPT/RI) |
Good Energy (GOOD) Share Charts1 Year Good Energy Chart |
|
1 Month Good Energy Chart |
Intraday Good Energy Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/11/2024 | 14:26 | *** GOOD ENERGY *** | 117 |
| 13/11/2024 | 16:49 | Good Energy: the AIM Thread | 946 |
| 28/2/2016 | 09:52 | What is good for everyone? | 5 |
| 14/6/2009 | 20:52 | What happened to Goodfella? | 7 |
| 07/1/2008 | 16:12 | A discussion created by 'Old Tom 'Howard' | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 09:27:15 | 346.00 | 4,338 | 15,009.48 | O |
| 08:15:46 | 345.00 | 1 | 3.45 | O |
| 08:15:46 | 345.00 | 3 | 10.35 | O |
| 08:09:34 | 346.00 | 300 | 1,038.00 | O |
| 08:03:37 | 347.00 | 728 | 2,526.16 | O |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Good Energy Daily Update Good Energy Group Plc is listed in the Electric Services sector of the London Stock Exchange with ticker GOOD. The last closing price for Good Energy was 352.50p.Good Energy currently has 18,216,130 shares in issue. The market capitalisation of Good Energy is £64,211,858. Good Energy has a price to earnings ratio (PE ratio) of 22.32. This morning GOOD shares opened at 352.50p |
Posted at 06/11/2024 09:34 by mammyoko In the absence of a figure for the indicative proposal, the share price here has reached the boundary of market makers' imagination - i.e. it has increased roughly 25% from the circa 290p undisturbed price. In the absence of any inside information or the release of further public information, it seems unlikely that the share price will increase from here and may even drift back to around 340p.Based on my estimates of the respective probabilities of different take-out points including factoring in a fall back to around 300p in the event no bid is forthcoming, I would say that, at the current price, the market is effectively over-discounting the probability of a high take-out price. The fundamental reason for this is that unlike many other bid situations where the uncertainty about the probability of a bid going ahead is largely about the take-out price, here we have a blocking shareholder who is a direct competitor. On the one hand we have a wealthy bidder seeking to enter the UK market who knows that, baed on previous bids, they are going to have to make a knock-out bid to succeed. On the other hand we have a blocking shareholder who will be fully aware of the threat that a well-funded competitor could be to his own business and who may be more than normally motivated by ideological considerations rather than the pure profit motive. Against the latter are that GOOD ia already a well-funded competitor of Ecotricity's and that he has publicly spoken about selling Ecotricity itself quite recently. Consequently, I see the current share price as allocating too much probability to either no bid or to a bid that is too low to make sense in the context of Vince's failed bids and too little probability to the possibility of a high take-out bid. I don't see that changing because, as I say, it requires more imagination from market makers than my experience of their boundary of imagination allows. For discussion, here are my calculations of the probabilities of different take-out prices that suggest the current share price significantly underestimates the overall probability-weighted share price. I accept that there are multiple other scenarios which would produce a different and lower result. But I suspect, knowing how the small cap market works, there are few people out there who have performed a similar probability-weighted exercise and the price is being set by current very low levels of trading. It would not, consequently, take much volume to push this higher up to, say 400p but, as I say, in the absence of any inside or public information, I don't think it could go much higher. I have allocated only quite small probabilities to much higher take-outs but I do see this as a special situation where a well-funded bidder wanting to enter a market comes up against a shareholder who has both ideological and competitive reasons to block the bid. Hence, I would say the probability of a very high take-out price here is significantly higher than in other bid situations. Given that the company is cheap, has expectations of future growth and a large stake in a market-leading tech business, I see further reasons why a high take-out price should be allocated higher probability than normal. This is why, at 350p or below in the absence of any further information I will continue to take the bet that Vince will sell for the right price and that that right price could be much higher than the market is currently anticipating. Share price [A} Estimated Probability [B} Probability weighted [A x B} 290 10% 29 300 25% 75 310 5% 15.5 360 5% 18 450 10% 45 500 20% 100 550 5% 27.5 600 5% 30 650 5% 32.5 700 5% 35 800 5% 40 Prob weighted share price = 447.5 |
Posted at 31/10/2024 09:48 by c_k I note that Andre Fernon has taken a 3.1% stake. I haven't been a shareholder long enough to know whether he has been a shareholder previously but see he reported a previous 0 holding yesterday. He is the co founder of Terra Solar in Ireland. Good to see buys from industry figures at this price level |
Posted at 29/10/2024 17:42 by mammyoko Don't think we will have long to wait here either way. If the bid isn't credible then perfectly polite to rebuff it tomorrow. If credible and founding shareholders and Dale are on side at the indicative price then also likely to be announced this week.Delay only likely to arise if Dale is also interested in tabling a bid and wants to make it difficult for Esaysoft. There's no love lost between him and the BoD so they're not going to bend over backwards to assist him. But losing out on Good to a well-funded new entrant to the market Amy be unpalatable. Given that he's unlikely to be able to justify competing on price as Good is worth much more to Esaysoft than him, he will want to extract as high a price as possible from them for his blocking stake. Now that the price in the market has risen to 400p and that that's potentially justifiable by Good's prospects as a standalone, it's not hard to see that the BoD could be pushing for 600p here. Any delay past the end of this week will likely mean that Dale isn't on board and then I could see it all falling over and back down to 300p |
Posted at 14/10/2024 14:21 by disc0dave46 EdRe post #56 How do you get that it’s priced at about net tangible asset value? From their interim balance sheet net tangible asset value is £36m (198p/share). From when you posted the share price was at a 33% premium and now circa 41% premium. Also, on today’s news, I wonder who bears the cost of the £20 credit for “new hive customers”?. Why doesn’t Centrica just buy Zapmap!. |
Posted at 14/10/2024 08:15 by pandaball Great partnership! Alongside Midas tip, and confirmation of Good founder being a part of the government’s Clean Power Advjsory Commission. A lot to get Good recognised for its impact and value again. |
Posted at 14/10/2024 06:21 by smackeraim Hive and Zapmap Announce Strategic PartnershipZapmap, the UK's leading EV app and data provider which Good Energy Group PLC (AIM: GOOD) is the largest shareholder in, has announced that it has entered into a strategic partnership with Hive, the energy-saving technology company owned by Centrica. |
Posted at 03/7/2024 08:31 by cocker What I can not do is argue with stats I know nothing about. However, albeit I'm not in the city, she'd loads of electric motors coming back to dealers in my area where customers just ain't happy. Today's rns is food for thought as I said earlier, is the rate being offered only a green energy price and why a free zap map if that's the future. I believe NP will sell up as soon as a good price can be found for the app |
Posted at 23/6/2024 06:18 by chinese investor Good Energy was founded in 1999 with an aim of enabling homes and businesses to be part of a sustainable solution to climate change.Why choose Good Energy? From 100% renewable electricity to green gas, support for electric vehicles (EVs) and more, Good Energy offers the tools to help build a zero-carbon future for its customers and for Britain. Reasons to choose Good Energy include: A supplier genuinely committed to renewable energy. Streamlined tariff options. Help with making your home more energy-efficient. What tariffs are offered by Good Energy? Good Energy is unusual in that, at the time of writing, it doesn't offer any fixed energy tariffs. Instead, it offers one standard variable tariff, which is also unusual because it is not capped by the price cap (see below). It also offers: A Smart EV tariff - this time-of-use tariff is aimed at electric vehicle owners with a smart meter and home charger who want to be able to charge their vehicles more cheaply at night. It offers five hours of off-peak electricity between 12am and 5am. A Solar Savings export tariff - this is aimed at customers with a smart meter and solar panels who want to be able to sell excess generated electricity back to the grid. Does Good Energy charge exit fees? No - Good Energy doesn’t have any fixed energy tariffs, so it doesn’t charge exit fees. Is Good Energy exempt from the price cap? Good Energy was granted a permanent exemption from the price cap because it goes above and beyond when it comes to generating and supplying renewable energy to customers. This means that it can charge more than the price cap unit rate on its SVT as long as customers have actively chosen to be on it. Good Energy renewable energy The supplier purchases power via more than 1,600 producers across the UK who utilise hydro, solar, wave and wind methods. Good Energy ensures it feeds back enough 100% renewable electricity into the National Grid to cover the amount used by each of its customers. Good Energy also offers carbon neutral gas, of which 10% is renewable biogas generated from organic matter. The supplier also offsets the emissions from the gas customers use by supporting projects that improve access to clean, green energy around the world. All of Good Energy's tariffs achieved Gold Standard Green Accreditation under Uswitch's accreditation scheme, which launched in 2021. SVT Electricity, Good to Fix Electricity, SVT Gas and Good to Fix Gas are accredited as Gold level Green thanks to the supplier's commitment to sourcing and supplying renewable energy. Good Energy 2024 reviews As of May 2024, Good Energy has a 4.8 score on TrustPilot from over 11,000 reviews, with particular praise paid to the quality of its customer service. Does Good Energy offer energy efficiency products? Good Energy offers a range of energy efficiency products to customers, including heat pumps (though these are only available predominantly in the south-west of the country); solar panels and batteries, which are available through an installer which is part of the Good Energy group; and boiler servicing. Can I get a smart meter with Good Energy? Yes - Good Energy works with a specialist smart meter installation partner to ensure customers who want a smart meter have the opportunity to get one. How do I contact Good Energy? Good Energy encourages customers to use its help and support hubs online. In the event that your query isn’t answered online, you can contact its customer service team by: 0345 034 2400 (for home energy queries, Monday-Friday 9am-5pm) 0333 016 4500 (for heat pump and solar panel queries, Monday-Friday 9am-5pm) hello@goodenergy.co. works@goodenergy.co. Does Good Energy have an app? Good Energy does have an app that allows customers to submit meter readings, view their current and past statements, pay bills and find answers to commonly asked questions about gas and electricity. Which providers are similar to Good Energy? There are a couple of providers similar to Good Energy in terms of their size and the fact that they’re also exempt from the price cap: Ecotricity and 100Green. There’s little to choose between these suppliers as they’re all dedicated to supplying and generating renewable energy. Is Good Energy going bust? It’s unlikely that Good Energy is going to go bust in the near future. However, the energy market is challenging and unpredictable at the moment and there is a certain level of risk to some suppliers - find out why in our energy market Q&A guide. |
Posted at 12/2/2024 07:03 by sparky333 Now we know why GOOD share price was so volatile. |
Posted at 28/11/2023 07:17 by sengokusir RNSRNS Number : 8245UGood Energy Group PLC28 November 202328 November 2023Good Energy Group PLC("Good Energy" or the "Company")Trading updateGood Energy Group PLC (AIM: GOOD), the 100% renewable electricity supplier and energy services provider, issues a trading update for the 10 months to 31 October 2023.Following a strong first half of the year, the Company's trading to the end of October has been ahead of expectations. If seasonal normal weather and stable commodity market conditions continue for the remainder of the year, Good Energy expects to deliver earnings ahead of the Board's expectations for the full year seeing a profit before tax of at least GBP4m.Forecast loss in H2 2023 is now expected to be reduced, as weather conditions through the early winter have been generally mild and renewable generation has been stable, which has reduced gas consumption and softened short term market prices.Nigel Pocklington, Chief Executive Officer of Good Energy, said:" This strong performance builds on Good Energy's progress in the first half of the year. A more stable wholesale energy market has helped our energy supply business, whilst we have continued to make great strides in the roll out of energy services to our customers."In the past six months we have launched new services for solar export, flexibility and electric vehicle drivers. Good Energy has topped Which?'s green energy rankings for the third year running, and we are the cheapest energy supplier with a green exemption from the price cap - meaning customers can get the greenest product at the best price."Our strong cash position means we can continue to invest in product growth and strategic acquisitions, as well as providing a buffer for market uncertainty." Good Energy's goal is to be the go-to for green-minded customers, and with our growing suite of products alongside our trusted legacy in solar export and renewable supply, we are uniquely positioned to achieve that."EnquiriesGood Energy Group PLC Nigel Pocklington, Chief Executive Charlie Parry, Director of Corporate Strategy & Investor Relations Ian McKee, Head of Communications Email: press@goodenergy.co. |
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