Greencoat Uk Wind Share Discussion Threads

[pandy999] 15/6/2021 18:05

Bought my first few of these today at 128.9 would of got little bit better if I waited an hour or so . The divi is better than low interest from B.S.
a buyout by big oil was suggested by another punter so maybe ! .

[woodhawk] 12/6/2021 11:45

Gateside,

I hold RDSB too and have recently taken a sizeable stake in RIO as well.

[gateside] 12/6/2021 11:35

AZN RIO BHP SSE TRIG RDSB

[marktime1231] 12/6/2021 11:23

BERI CTY EAT UKW GRID MYI BIPS SMIF (baskets)

BP BT CRST GSK IMB LGEN LLOY NG SSE (single stocks)

[woodhawk] 12/6/2021 10:39

AV., LGEN, DLG, IMB, APF, GSK.

[growthpotential] 11/6/2021 20:12

What is a pillar of your portfolio?

[woodhawk] 10/6/2021 19:22

marktime1252,

It may not a 'pillar' of my retirement plan, but is certainly a valued component!

[marktime1231] 10/6/2021 17:58

Topped up my UKW stake today to make it a core SIPP holding, the share price in a bit of a lull but in the medium term I expect NAV, dividend and an appreciation for income from real "green" assets to grow. A 5.5% yield with expectation it will inch upwards over time a pillar of my retirement plan.

[illiswilgig] 04/6/2021 12:10

Thanks Woodhawk, that's helpful to know.

I can only assume that my BSIF and MACF payments will also get caught up. Seems as if they are struggling to reconcile the single payment into their nominee account with the split into increasing numbers of dealing accounts? Or maybe they ran low on ink for the quill pens to write in their ledgers?

cheers

[woodhawk] 04/6/2021 11:32

illiswilgig,

Same with iWEB (part of Halifax - with same interface) - no direct email any more - except a useless one that won't accept "account specific" queries. They told me yesterday that they had had a 'large volume' of dividend payments as if that explained it. They confirmed they HAVE already received the Greencoat payment - but have still failed to credit my account. Rubbish service.

[illiswilgig] 04/6/2021 10:59

Not received mine either via Halifax sharedealing. Can't even email them as they seem to have removed email and rely upon a non-existant web-chat. Oooops.

cheers

[emmachancer] 04/6/2021 05:36

No sorry got mine last Friday

[woodhawk] 03/6/2021 13:51

Still not received my UKW dividends (due last Friday) from the increasingly useless iWEB. Anyone else having the same problem?

[stewart64] 22/4/2021 09:35

Added today. Starting to look out of line with similar in the sector. Still 3p off the " discounted" sub ipo of 131p and no dividend has attached to that yet. A historically low 5% nav premium, a 5.6 % dividend and they have maintained the RPI linkage ( with the 7.18p target) unlike peers Trig that have frozen for the first time. Trig has made progress off their 123p sub ipo by contrast.

Disappointingly low considering the narrative, as per other comments.

[alexisk] 16/4/2021 12:10

I think the investment thesis is based on the fact that the wind is going to continue blowing. Furthermore, with global warming, it is likely to blow stronger and stronger.

[growthpotential] 15/4/2021 22:49

thank you whilstev, that's interesting. And in terms of the source of earnings, seems to be decent and sustainable as it comes from renewable energy(?)

[whilstev] 15/4/2021 11:27

I hold for the good/rising with inflation dividend. Nearing retirement so a decent dividend income with relatively secure share price is important to me. Would prefer the price to be higher but seems out of favour at the moment.

[growthpotential] 11/4/2021 19:04

What is the long term investment thesis for this stock?

[whilstev] 22/3/2021 12:31

Two director buys giving a boost to share price.

[stewart64] 15/3/2021 18:39

Any unexpected change in nav will, of course, cause an immediate price movement one way or another so it would be hard to benefit. I'm happy to gamble on the 31st December nav, which isn't ancient history.

It looks cheap compared to other FTSE 250 renewable ITs. Trig, which I hold, has an 8% premium. GCP Infrastructure which is mainly a lender to Renewables ( only 9% Direct Equity) has clawed back to nav. The difference here is that the assets look fairly transparent and ( I would have thought) easy to value. With GCP I can't work out whether the " loans" are plain vanilla fixed or some more complex vehicle since the valuer took an axe to nav over perceived weak electricity price prospects. Now we are flirting with a zero nav premium here for a direct Equity model, I have to say this looks like the pick of the sector just now.

Could be wrong and once these ITs get stuck in the doldrums they stay stuck for a few weeks usually.

[rustle2] 10/3/2021 17:58

Personally I'm awaiting an updated NAV at the next update.

[stewart64] 10/3/2021 15:08

I too think the electricity price thing is a bit overdone. I'm actually surprised, too, that a 2.5% nav premium hasn't proved more tempting to the Market when we are used to something closer to 15%.
And although some websites calculate nav on a very primitive actual nav minus dividend paid out basis( assuming no earnings in the meantime) to arrive at a pessimistic " estimated" nav; Greencoat, of course, has raised 200 million shares at an 8p premium to nav, which alone raises 16 million quid and that would have paid for half the last quarterly dividend of 30 million quid.

[aspringo] 09/3/2021 10:06

Agree with you 2naive, don't believe a word of it.Whose had a quote from their electricity company on next year's tariff and it said excellent news your bill is going down.

[2naive] 09/3/2021 08:33

Interesting that electricity prices are expect to fall. I'd have thought that with the massive move from petrol/diesel to electric vehicles imminent, and possibly a mass move from carbon to electric heating (heat pumps), we'd see an increased demand for electric.

[stewart64] 08/3/2021 19:28

Rich288..I was referring back to my post of February in which I pointed out that Trig was richly priced compared to Greencoat nav-wise, which was surprising as they hadn't triggered their sub ipo. And it turned out to be a valid observation after Trig shares fell.
A big fall in one IT in the sector is always likely to have some impact on sentiment. Probably only very fleetingly. And it was only a suggestion, in the absence of any other news ( the corp tax by then was probably priced in), as to why Greencoat had fallen back on that particular day only.

But as the above post points out we are battling lower electricity price expectations too for the longer term trend. Though nav. premiums have already been trimmed back to almost zero in some cases...as here.