Good Energy Share Discussion Threads

[hutch_pod] 04/7/2014 09:15

Ah thanks yes - I read Davenport was challenging hard as the government moves solar from Renewable Obligation to CFD. I'm no expert mind.

hxxp://www.businessgreen.com/bg/analysis/2353338/good-energy-solar-subsidy-cuts-threaten-70-per-cent-of-pipeline

I've been looking out for a broker upgrade since their results but not seen anything.

[m.t.glass] 04/7/2014 08:12

HutchPod - maybe to do with hostile voicings from Tory party threatening to reduce or abolish green energy taxbreaks/subsidies? Though if a few Tory landowners twig that they could benefit from allowing solar farms on their own estates, perhaps their objections will evaporate ;o)

[m.t.glass] 04/7/2014 08:04

Planning Approval granted for a 4.9MW solar farm in north Wiltshire.

The last similar project took around 2 months to bring into use after commencing construction.


They also submitted a planning application last week for a solar farm 3x this size in Somerset -

[hutch_pod] 09/6/2014 19:32

hxxp://www.gazetteandherald.co.uk/news/towns/chippenhamheadlines/11262354.Chippenham_energy_group_wins_Stock_Market_award/

Still winning awards :)

[hutch_pod] 03/6/2014 19:15

Anyone speculate/know as to why the drop? I was poised to buy after the results, but waited, and waited..

[pimsim] 07/4/2014 08:38

Yes, good set of results, strong growth and all the more impressive given the mild winter.

I do think they need to show a bit more detail in the results, some of that increase in 'revenue' is due to sale of two solar farms (£4.9m) and personally I like to see the operating cash flow fully reconciled to the operating profit. But I am not knocking them, overall looks v strong with good prospects ahead.

[mikeja] 07/4/2014 08:18

Nobody interested in results?
EPS of 20.9 looks good value,astute management.

[sbs] 03/3/2014 17:53

Here's one which won't stop supplying if Russia cuts off the gas (again!).

[sbs] 24/2/2014 14:13

Enjoying my Good Energy electricity. Lot's of wind about these days (Friday's high beat the storms for some reason):

[ric_ola] 21/2/2014 16:13

See Good Energy and BMW partners now...

www.goodenergy.co.uk/bmwi

[purple11] 20/2/2014 17:37

YOOO HOOOO!

[purple11] 20/2/2014 13:18

hoping to get over 300 soon..still looks cheap to me gla-if there is anyone out there.....hello?

[purple11] 03/12/2013 08:25

sun is shining......

[purple11] 21/11/2013 08:41

director buys

[purple11] 19/11/2013 22:39

important to get the basics right

[morigam] 12/7/2013 10:18

Good Energy have made a push to raise about £3.8m - here's the CEO in an interview about it

[sammy_smith] 10/4/2013 13:30

Listen to Juliet Davenport, CEO of Good Energy discuss the company's Final Results.

Click the link below.

[rolo7] 09/4/2013 19:08

hedgehog 4million shares were issued end @85p july 12 so eps in h2 bound to of been lower than 2011. There are 12.3million shares for next year eps used 9.3million figure this year, so slightly concern here if no profit growth. Gut feeling says a share placing coming for the doncaster site.

[hedgehog 100] 09/4/2013 18:13

09/04/2013 07:00 UKREG Good Energy Group PLC Preliminary Results
"Good Energy Group plc ("Good Energy" or the "Company"), owner of Good Energy Limited, a leading UK 100% renewable electricity supplier, is pleased to announce its audited preliminary results for the year ended 31 December 2012.
Financial Highlights
-- Revenue increased by 31% to GBP28.2m (2011: GBP21.6m)
-- Gross Profit increased by 10% to GBP9.6m (2011: GBP8.7m)
-- Profit Before Tax increased by 27% to GBP1.4m (2011: GBP1.1m)
-- Cash balance as at 31 December GBP9.5m (2011: GBP2.4m)
-- Basic earnings per share increased by 6% to 13.2p (2011: 12.4p) -- Final dividend of 2p per share recommended, which would make a total dividend for the year of 3p per share (2011: 2.75p) an increase of 9%
Business Highlights
-- Electricity customers increased by 13% to over 32,000 (2011: 28,346)
-- Gas customers increased by 58% to over 8,500 (2011: 5,492)
-- FIT customers increased to over 46,000 (2011: 12,195) -- Admission to AIM in July 2012, raising GBP4 million before expenses, introducing institutional investors to Good Energy
-- Development pipeline includes around 35MW of onshore wind and up to 200MW of solar Juliet Davenport OBE, Chief Executive said:
"Good Energy has performed in line with expectations and we are successfully delivering on our plans. This year we achieved significant growth across all customer sites, improved our trading margins and our competitive positioning. This is the same year that we topped the Which? Customer satisfaction survey for electricity suppliers again, making it three out of the last four years. All of these elements underpin our overall commitment to the continued development of a profitable renewable energy company, and a cleaner, green and more secure energy future for the UK."
John Maltby, Chairman said: "2012 was another encouraging and successful year for Good Energy. We have invested in building a solid foundation for the business and we look forward to continued progress in 2013. Good Energy is well placed to rise to the challenges and take advantage of the opportunities in the year ahead.""



Comparison with the first half results:
18/09/2012 07:00 UKREG Good Energy Group PLC Interim Results
"PBT increased by 76% to GBP0.8m (H1 2011: GBP0.5m)"
"Basic earnings per share increased by 81% to 8.7p (H1 2011: 4.8p)"



So the second half results have been:
H2 2011: £0.6M PBT, 7.6p eps
H2 2012: £0.6M. PBT, 4.5p eps


The shares are up on the day, but on volume of just 100 shares! -

Price Price Change [%] Bid Offer Open High Low Volume
151.50 3.0 [2.02] 148.00 155.00 151.50 151.50 151.50 102

Last 5 tradesMORE REFRESH Time/Date Price Volume Trade value Type
10:01:30 152.00 102 155.04 O
08:47:11 04-Apr-13 145.00 10,000 14,500.00 OK
15:36:09 03-Apr-13 149.40 12,000 17,928.00 O
08:18:14 03-Apr-13 145.10 84 121.88 O
09:07:52 02-Apr-13 150.00 14,000 21,000.00 OK

[cambium] 09/4/2013 08:27

All good :0)

[hedgehog 100] 08/4/2013 18:03

rolo7 22 Jan'13 - 21:52 - 36 of 36
"news tomorrow?..."

YES!:

05/03/2013 07:02 UKREG Good Energy Group PLC Notice of Results
"Good Energy Group plc, owner of Good Energy Limited, the UK's leading 100% renewable electricity supplier, will announce its full year results for the year ended 31 December 2012 on Tuesday, 9 April 2013."

[rolo7] 22/1/2013 21:52

news tomorrow?

[rolo7] 22/1/2013 15:58

lack of stock again, or seller has been cleared. Found this: it would be 5 times output larger than good current wind farm, nice mix match between wind and solar makes sense.