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GSF Gore Street Energy Storage Fund Plc

64.50
1.50 (2.38%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  1.50 2.38% 64.50 64.00 65.20 64.10 62.70 62.70 1,188,301 16:35:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 73.29M 63.41M 0.1317 4.87 308.58M
Gore Street Energy Storage Fund Plc is listed in the Finance Services sector of the London Stock Exchange with ticker GSF. The last closing price for Gore Street Energy Storage was 63p. Over the last year, Gore Street Energy Storage shares have traded in a share price range of 60.50p to 104.60p.

Gore Street Energy Storage currently has 481,399,478 shares in issue. The market capitalisation of Gore Street Energy Storage is £308.58 million. Gore Street Energy Storage has a price to earnings ratio (PE ratio) of 4.87.

Gore Street Energy Storage Share Discussion Threads

Showing 76 to 95 of 1850 messages
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
12/3/2021
07:56
11th March:
mirandaj
08/3/2021
07:45
Dividend Declaration

The Board of Directors (the "Board") of Gore Street is today pleased to declare an interim dividend of 2.0 pence per share for the period 1 October 2020 to 31 December 2020. The dividend will be paid on or around 9 April 2021 to shareholders on the register on 18 March 2021.

Since the last audited NAV as at 31 March 2020, the Company's NAV appreciated from 94.6 pence per share to 99.6 pence per share, an increase of 5.0 pence per share or 5.29%. During the last twelve months of wider equity market uncertainty, the Company has announced 7 pence per share in dividends as targeted. Total NAV return, including the 7.0 pence paid in dividends, was 10.9%.

Intention of Equity Raise

Proceeds of the December 2020 placing have been fully allocated to high quality projects selected by the Investment Adviser. The Company and its Investment Adviser continues to have a significant pipeline of new attractive projects and is considering a potential equity raise as part of its existing placing programme, which it intends to use as and when appropriate.

cwa1
07/3/2021
21:05
Mirandaj

Thank you!

zeppo
03/3/2021
08:27
Into this after seeing Ian Cowie's, 'Personal Account', , in the Sunday Times, mentioning it.

Glad I did. Divi and growth. What more could one ask for?

zeppo
03/3/2021
08:10
This morning's news sounds significant;

"This new revenue stream operates alongside fast frequency revenue streams and the Company believes that current Dynamic Containment prices may result in a material uplift in the Company's revenue for the current calendar year"

pdt
24/2/2021
07:53
hxxps://www.current-news.co.uk/news/origami-enters-gore-streets-port-of-tilbury-into-dynamic-containment-pushing-capacity-over-400mw
rustle2
04/2/2021
09:12
seller cleared? Making an attempt to get into fste small cap index might see some buying?
rolo7
16/1/2021
10:16
Since 30/09 they've issued another 60m shares at 100p (ie. nav about 98p) which they haven't deployed, so the nav should be barely changed ... unless, they've made some changes to the equations which determine the nav (discounted cashflow), such as the discount rate, etc.
An update next month, I guess.

There's another, larger company, GRID, which I hold. It's now at a larger premium.

jonwig
16/1/2021
09:19
Agreed jonwig. I guess a mistake by Justin Urquhart Stewart but still very interesting even at a premium, which is about 8/9%. Good dividend for those interested.

The question is "What is the NAV now, or to be shortly?"

mirandaj
16/1/2021
08:56
The latest NAV was 97.3p (30 Sept) and the share price is 105.5p. Hardly a discount!
jonwig
16/1/2021
08:45
Quote

Any Suggestions? 

The Gore Street Energy Storage Fund has a good spread of storage businesses in the UK and Europe. 
This you should have as a longer-term investment as its price trades at a discount to the value of its assets (currently around 12  per cent) though that is not uncommon with such trusts. 
It aims to provide a remarkably high dividend yield of around 7 per cent. 
This is not a start-up industry but a well established lithium-ion battery technology and provides multiple income streams. 
So is it risky? Yes but with already operational units and in an area of growing demand, this green is not only good but financially gratifying. 

mirandaj
16/1/2021
07:42
Daily mail esg mention today
rolo7
30/12/2020
20:17
Fste small cap entry soon when other shares get delisted because of their takeovers... Should get some buying, nice green share,fund this, northern island 100mw to come online soon doubling storage
rolo7
25/12/2020
10:38
Very Good lets double are money next year
notbitcoin
15/12/2020
08:39
Sorry, double post
bbonsall
15/12/2020
08:38
Suggests 2.5 times over subscription.
bbonsall
15/12/2020
08:30
Likewise, 40% allocation
adamb1978
15/12/2020
07:39
Yep, 40% allocation.
rustle2
14/12/2020
17:48
I don't think the share price drop is due to the dilution. In this instance the new capital structure should have been immediately incorporated into the share price from announcement? I suspect profit taking from those allocated shares.
johnbower
14/12/2020
16:56
Rat attack
Then there is another 2p to come off the share price for ex dividend soon.

bbonsall
Chat Pages: Latest  14  13  12  11  10  9  8  7  6  5  4  3  Older

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