Greencoat Uk Wind Share Discussion Threads

[marktime1231] 28/9/2021 15:43

Wow, maybe that explains it, the cost of expanding its portfolio is certainly going up. £121M for the operational 35MW Andershaw onshore wind farm sounds jolly expensive. Hopefully it signals a re-valuation of UKWs other assets?

At least the wind is blowing again.

If we are due another round of fund-raising hopefully they will do it when the share price next peaks, stimulated perhaps by excellent results and NAV uprating.

[igoe104] 28/9/2021 15:43

Cant see them taxing wind farm companies, how will government meet there targets, if they are peenislising these green companies. It will only discourage companies building more farms. Total noise.... that tax the government is taking about is for gas companies profiteering from high gas prices...

[hohum1] 28/9/2021 15:23

The “windfall tax” comments from the Government won’t have helped sentiment

[marktime1231] 23/9/2021 13:33

I wonder what can have caused the recent spike and fall in UKW share price.

Appreciation that steadily increasing its portfolio generation assets will be driving income, baseload energy prices up x2 from this time last year, more than offsetting light winds. But the cost of acquiring new assets must be going up, and the money for the next round of expansion might have to come from another big share issue because gearing is already at the top end of its intended long-term 20-30% range.

Thank goodness the wind has started to blow again, a breezy winter will be good news just as the newest wind farms come on line, and take some heat out the wholesale market.

[marktime1231] 16/9/2021 12:48

And / or the twerps maintaining the IFA link have managed to burn down the Sellindge transformer station. In other circumstances we would be accusing someone of sabotage.

[marktime1231] 15/9/2021 12:04

Charging up presumably on higher wholesale energy prices. Or the prospect of higher inflation means this is a better place to invest than elsewhere. Either way, heading for a big fund raise?

[marktime1231] 30/7/2021 22:06

And a high volume Uncrossing Trade to finish today, at a penny higher than the level it was trading at most of the day. I don't know what that spike means, but it feels like investors are beginning to see deeper value in UKW than is showing up in the NAV or in the rather conservative forecasts for full year performance. If the premium to NAV keeps widening surely the board will take advantage and go for another fund raising issue, I suspect a prospectus for £250M would be over-subscribed and be immediately beneficial in terms of reducing the top layer of debt or new asset opportunities.

[marktime1231] 29/7/2021 20:21

Impressive report from UKW.

A strong advance in wholesale energy prices more than makes up for a lack of wind in the last 6 months. April was unusually cold but calm. Yield now covered 1.5x. Normal average wind speeds would add 20% output, wholesale prices expected to be 35% higher in H2, a 10% growth in generating assets in the pipeline and already funded. Debt significant but in control. NAV progressing modestly. The outlook forecast for FY21 that yield will be covered 1.7x looks extremely conservative.

All good. No wonder the share price is enjoying a 5% or so premium, if it gets much stronger that would make the case for another substantial issue to improve the balance sheet or/and to fund an expansion. The report makes it clear new assets would only be acquired after strict tests of financial merit, but to keep up with the rapid expansion in UK offshore wind generation UKW needs to add about 50% to its 1.2GW capacity by 2030.

H2 and the full year likely to be characterised by strong cash flows, so proceeds for debt reduction or future investment or dividend progress. Or all three.

Actually the dividend payment will have to step up to keep up with NAV progressing at around a 5% annual rate. All very good.

[bothdavis] 09/7/2021 21:16

Maybe.....just maybe its going to grow the shareprice....whoooohoooo!!

[pandy999] 22/6/2021 17:25

Cocopah I've not done well on aim so other than the odd one I stay away. It's bent holding alot of bottom draw and if I pop my clogs my kids will think I drink to much . As Rothchild wotever said buy when there's blood on the streets

[cocopah] 22/6/2021 09:59

Pandy999 I hold LLOY (long story) so I should be at break-even by 2030 lol! BARC is definitely a better shareholding.㈇7;🏻

I hold SEQI & GSK (again for the divi) and the rest is in mining stocks and a royalty company, two are for the divi and two are speculative for capital gain (APF, CEY. TGR & ACP) with mixed results!

So at close of play UKW is flat … interesting … I’ll be keeping close tabs on it tomorrow!👍🏻😎

[pandy999] 21/6/2021 18:42

I did look also at trig but I was put off by another punter cos to much in Scotland and independence could upset things . . But ! , to be honest the only share I do well on is Barclays, but I understand the Banks ? ? Lol .

[cocopah] 21/6/2021 18:20

Pandy999 these kind of investments tend to fund raise often, partly to repay their debt and also of course to buy new assets.

I learnt the hard way with some of these investments and realised that it’s a waste of time using Primary Bid when they do fundraising or not paying straight into the ISA and having to bed and ISA (for my long-term holdings).

On/around placement day the price usually is the lowest and I managed to get into GSF on their last placement at 1.03. I’m not a trader however I could take a handsome profit if I sold today. I’m in it for the long-term dividends as I’m an income investor these days. So for me even if the price goes back down to 1.02-1.04 on a further fundraise, I will simply top up and hold for the divi. I like their income streams and the fact there is some Irish government support on revenue until 2024. The battery units last a long time before they need replacing and storage is always essential because you can’t just leave piles of wind and solar lying around!

Getting back to this board which is all about UKW, my biggest fear is that the profits will be squeezed dependant upon price paid for power supply and the large debt burden. I do like UKW more than TRIG on current price and progressive divi though. I think if the share price hits 1.24 again I’ll have to take the plunge.🤷R05;♂️😂🙏7995;🤞ӿ95;👍🏻;

[pandy999] 21/6/2021 17:35

Cocopah thanks , I just looked up gore street the nav last was 97 i'll keep an eye thankyou, I use a very old samsung for such as this and a new one for personal and banking ! I keep the two apart, can't do all I want on this but anyhow , battery storage is not something I thought of to be honest but you grabbed my interest your be the first to know. Thanks Pandy

[cocopah] 21/6/2021 16:04

Pandy999 thanks for that, yes I am also looking at Union Jack Oil, still ‘umming and aahing’ because I’m not sure the bopd is significant enough to make the numbers work. It’s getting harder to find decent deals now markets have recovered from the Covid shock (especially with potential inflation headwinds ahead). I think the divi is good here and whilst the debt is high it’s probably manageable. The only downside would seem to be if the price of wind power falls. I’m in GSF for the storage though.👍7995;🤞ӿ95;

[pandy999] 20/6/2021 20:18

There was a big sell can't remember timing though . Not very windy out there ! . Union jack oil although not green but looks set to declare could be of interest.

[cocopah] 18/6/2021 17:40

I’ve been looking for an entry point here ever since I missed 1.24 earlier in the year. Couldn’t believe the share price dropped to 1.28 this afternoon. Was it just a big sell?

[pandy999] 17/6/2021 19:26

Holding permanently lloyds and nat west cos got in low and I think the 2 east focused banks ? Will get stuffed by China at some point , but just my own ,
Everything else trade . On occasions jump ship .

[growthpotential] 17/6/2021 10:46

Thanks for sharing. Yeh I moved an old workplace pension to the HL SIPP and I'm here I bought UKW last September at around 135. One observation is that this position as dramatically underperformed my original schemes assets ie MSCI World Index. But that's the risk of active positioning. Equally, wind assets could experience huge outperformance over the next decade...

[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?