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Share Name Share Symbol Market Type Share ISIN Share Description
Gore Street Energy Storage Fund Plc LSE:GSF London Ordinary Share GB00BG0P0V73 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 120.80 120.40 120.80 121.40 120.40 121.40 583,174 16:29:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 1.2 -1.6 16.1 7.5 582

Gore Street Energy Storage Share Discussion Threads

Showing 501 to 525 of 525 messages
Chat Pages: 21  20  19  18  17  16  15  14  13  12  11  10  Older
DateSubjectAuthorDiscuss
26/6/2022
09:49
hTtps://www.telegraph.co.uk/investing/shares/dividends-can-save-double-digit-inflation-what-buy/ Thanks for highlighting scruff1
mirandaj
26/6/2022
09:31
Got a mention in DT today as a good divi investment
scruff1
23/6/2022
10:40
Is this still good value considering the meteoric rise it's had?
r2oo
21/6/2022
20:30
Cocopah, I think it’s a wait and see situation before deciding for me.
nerja
21/6/2022
16:16
#nerja Looking at the half year net gain of £10,805,633 attributable to 257,420,379 shares in issue gave a profit per share of 4.2p. Now we have 481,400,000 shares in issue, however the net gain is likely to be (say) c40% higher for the second half (I've based this on the RNS they issued and a bit of guesswork and gone topside!). If this is the case we should expect a net gain of c£15,000,000 or 3.1p per share (even if the second half is £20m it's only 4.15p per share) ... so just covering the current dividend payment. If the NAV rises by (say) 15% (which is 4% more than GRID managed) the new NAV would be £1.19 ... yet we have had at least 4 attempts to break £1.23 ... I’ve gone heavy on both income and NAV so what am I missing? Looks toppy to me!
cocopah
08/6/2022
17:57
I guess that whether or not the share price diverges by 5p matters depends upon your investment amount and personal circumstances. It is easy to get into a capital loss/dividend obsession with these types of investments. At the moment the garden looks fairly rosy but of course the dynamics can change quickly - energy trading looks to be the saving grace if/when the price paid for grid smoothing falls. IMHO eventually longer term storage will be required. I think last year’s net income was around £14 million … although this year that should be considerably higher. However with 481m shares in issue the divi cover won’t be much. 🤷‍a94;️ A bit like GRID the name of the game at the moment is scaling-up and investor demand (especially from institutions to maximise their ESG credentials) is likely to remain high.
cocopah
08/6/2022
15:59
Seems to me to be a relative safe harbour in a growing sector, steady revenues and a decent divi. Up 5p or down 5p doesn't overly concern me. But each to their own.
waterloo01
08/6/2022
15:53
Cocopah so good to have a proper discussion on a bb, I am one of them even like this when I am invested in a share want to listen to any downside possibilities in fact I look to it to steady my impulses .
nerja
08/6/2022
15:12
#nerja yes I understand the dilemma, originally in at £1.03 and considering GSF for the ISA top-up this year. I can justify a premium to NAV as my average purchase price would then be about £1.15 but it's a big leap from £1.03 to leave a reasonable premium on the current s/p. Decisions, decisions. I think the 5.785% yield is still reasonable but I also think the chase-up from £1.12 looks toppy atm. As you say we shall see.:)
cocopah
08/6/2022
09:42
Cocopah, thanks for the reply, not as much bothered about the div more concern about the Nav rise , got admit I did top up yesterday, slightly worried that it gets away and they do post a large nav rise but time will tell.
nerja
08/6/2022
08:34
#nerja … even if it did rise by 10% like GRID, to say £1.13, the average “annual NAV” would still be below the £1.07 threshold. 🤷‍a94;️
cocopah
07/6/2022
20:07
https://www.energy-storage.news/innovators-look-to-solve-uks-long-duration-energy-storage-challenge/
mirandaj
07/6/2022
17:58
Cocopah , grids nav went from 131.9 to estimate of 145p now, that’s a hell of a rise some of the solar wind navs did large rises, what makes you think GSF won’t have a similar rise in nav?
nerja
07/6/2022
17:10
#mylands … the share price has been driven up by private investors (IMHO judged on the volumes bought per trade) from £1.13 to £1.23 from the middle of April (probably on the back of the announcement of the potentially higher dividend i.e. when the annual NAV is over £1.07. At best the recent estimate is £1.05 but it would have to be considerably higher in order for the “yearly average” to be £1.07). Methinks people have jumped the gun on this. It is true that the company have announced better than expected performance y-t-d but any increase based on that would be a departure from what has been communicated in the dividend RNS. I would like to add more but if the actual current NAV is (say generously) £1.08, then GSF is now trading at a premium of 14% on the bell this evening. Generous methinks.🤔
cocopah
07/6/2022
15:36
coco Agree with your last sentence. Very happy with the progress this is making and the yield underpins the SP, even though it is not as good as when I started investing at 105p! But then, maybe the div will be increased, here's hoping.
mylands
01/6/2022
20:58
#nerja the last RNS gave GSF the ability to raise whenever … I agree the NAV should have increased from £1.03 but even if it is now £1.10 we are at a premium of 10% and overbought on RSI (it’s been a tad more but not much) … so it’s looking a bit toppy to me without more information. LTH so happy to hold but not ready to add … yet.🤔
cocopah
31/5/2022
14:16
Definitely on the move. New all-time high!
mylands
31/5/2022
09:25
They only did one last month can’t come back that quick surely. I just wished they update the NAV , the one they used for the last raise was for Dec, judging Grid and the wind solar funds there navy’s have gone a lot since then.
nerja
31/5/2022
09:05
I’m sure that in the recent past good news about income growth was followed by news of more capital raising for investments … 🤔
cocopah
31/5/2022
08:04
But Brent is up on a partial Russian embargo which is a positive for energy shares 🙂 GSF a bit slow to wake up 💤
bountyhunter
31/5/2022
08:00
I would hope so in both cases over time :-) I notice market futures are looking rocky today...so who knows if today will be the day though :-/
cwa1
31/5/2022
07:34
and the share price? :)
bountyhunter
31/5/2022
07:27
Thanks for that, will this warrant an increase to the dividend?
route1
31/5/2022
07:22
Portfolio Update:- https://www.investegate.co.uk/gore-street-energy--gsf-/rns/portfolio-update/202205310700052927N/ Alex O'Cinneide, CEO of Gore Street Capital, the Company's investment manager, commented: "The Company is delighted to update shareholders on the Company's successful progress, both domestically and internationally, including a positive performance of our operational portfolio, further capacity coming on stream and significant developments for sites in construction. "Performance during the last quarter of our fiscal year has been better than expected, with assets outperforming across all our markets. "We are also pleased to see our GB portfolio matching the same levels of revenues with other market participants with longer durations. We continue to base our strategy on current market conditions and revenue streams and therefore continue to favour one hour battery systems for the GB market. We believe this results in substantial cost efficiencies and has significantly rewarded our shareholders. "These assets offer important flexibility to participate in multiple attractive revenue streams, including trading. At times of material market price dislocation, this is a highly profitable use for the Company's portfolio, which is ready to participate when ideal market conditions become available."
cwa1
27/5/2022
16:20
zzzzzzzzzzzzzzzzz!
eggbaconandbubble
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