Greencoat Uk Wind Share Discussion Threads

[coldale1] 02/2/2024 16:50

Glad I sold at £1.45, got that money in Amazon at mo but might bring it back here if the price hits £1.35, got til feb 14 before ex dividend date...

[marktime1231] 02/2/2024 11:47

Strong support for UKW at 140p so I have added this morning. A quick bumper dividend and maybe a profitable round trip over a few weeks. Expecting a final report worthy of a leap year on 29 Feb, wouldn't it be fab if the audited NAV is sustained around 165p. Why not extend the buyback from surplus cashflow if the share price remains subdued. Or signal a dividend target of 10p+. Or both. Yes, I am bullish!

A rebound in renewables in general is welcome.

[yump] 02/2/2024 11:39

Interesting to see todays behaviour across all the income stocks that were marked down yesterday. Think the biggest rise is nesf. (Bit subjective as I bought more) ! Although it was on support whereas fsf is on it today.

[yump] 01/2/2024 23:54

I did have a tile come off at the weekend. Considering the price of roofers, that’s probably a chunk of divi used up. Two edged sword etc

[nickrl] 01/2/2024 21:03

UKW has the benefit of ROC/CfD support which batteries don't. Wind is variable thats just fact this tear could easily be above average nobody knows but over long run its not going to stop blowing.

[r9505571] 01/2/2024 18:34

https://www.pennfuture.org/Blog-Item-How-Humans-are-Breaking-the-Jet-Stream-and-Changing-the-Weather#:~:text=Without%20a%20steep%20temperature%20difference,and%20tend%20to%20get%20stuck.

[marktime1231] 01/2/2024 16:31

I'm in deep too but the surplus cash flow gives me confidence to add, if only for a cycle. My prayer of a dip before ex-div has been answered, just a question now of when to strike.

[yump] 01/2/2024 13:48

It is tempting but I’ve got quite a chunk of these already. The battery fiasco rattles me, imagining odd things happening here like a permanent change in the jet stream leading to weather systems no longer coming off the atlantic with the accompanying wind. Mind you I think we would have bigger problems than my shareholding if that happened !

[marktime1231] 01/2/2024 11:42

Watching this too yump, the deep gloom with battery storage leaders GRID HEIT and GSF has spread to the wider renewables operating companies sector. Will this create an extra buying opportunity ahead of the bumper dividend here. Hope so.

[yump] 01/2/2024 09:43

The share price decrease seems rational for the time being, given interest rates. Not like some others where the actual business model is under threat - like battery storage - but their shares have dropped miles.

[nickrl] 30/1/2024 18:20

@coldale the current buyback will minimise any decline i suspect

[riverman77] 30/1/2024 10:31

If you add dividends you'll have made a reasonable return. NAV has actually increased substantially over 3y, so the lack of capital growth is entirely due to this moving from a 10% premium to a 10% discount. This is all due to investor sentiment and outside the company's control. Suspect it will trade at a premium again once interest rates settle back - I think returns will be strong over next few years though a combination of the growing 7% dividend, NAV growth and discount tightening.

[coldale1] 30/1/2024 10:23

Share price will probably drop as soon as ex div,
No growth in 3 years!!
I'm out but good luck to all holders.. 👍

[igoe104] 30/1/2024 09:47

Strange time to sell, as Q4 dividend will be big, and will attract interest..

[coldale1] 30/1/2024 09:42

Just sold my holding after 3 years!
Made 4%... 🤔😭

[nerja] 29/1/2024 17:41

I am in these but god, don’t you just hate yourself when you miss an rns like that , put in my hopeful top up order for tomorrows , trying a cheeky 145.7p I know no chance, but you have to try.

[riverman77] 29/1/2024 16:34

There was a dividend of 2.19p over the period so if you add that back NAV would be roughly flat. Still would be good to get a bit more detail on what the drivers were.

[marktime1231] 29/1/2024 16:29

Splendid confirmation of the bumper final dividend. Surprising slight decline in NAV, with no summary of how they got to 164.1p and the detail buried here on the corporate website ...



I will be studying in slower time, you seem to have looked at it already nickrl and have some doubts. Weren't we expecting a NAV increase due to the series of acquisitions and completions, which were accretive surely, and the buyback programme running at a 12% discount. Hmmmmm.

[nickrl] 29/1/2024 14:31

@rolo7 not convinced by the sudden inclusion of REGO into NAV calculation as being sustainable. If the economy weakens business will soon stop worrying about spending money on greenwashing REGOs. Also in the update is wind generation down 13% last year and with power prices dropping back considerably this is going to put a squeeze on free cash so suspect divi growth will get crimped but happy with current yield.

[rolo7] 29/1/2024 14:09

164p nav here

[gateside] 24/1/2024 05:39

TRIG are 84% wind and about 58% based in the UK.I like the extra diversification of TRIG, but over the years UKW seems to have performed better.

[nickrl] 23/1/2024 18:17

@topvest UKW is as it says UK focussed TRIG all across Europe and has solar as well in the mix so they may have a bearing on the discount rate. What i like about UKW is the cashflow and their resilience against a fall in power prices albeit currently still well above their assumptions but they have been slowly declining but they have the ROC/CfD protection on most assets for many years.

How much the price is being propped up the ongoing buyback im not sure though.

[marksp2011] 23/1/2024 16:41

Type of assets, age at the time of purchase, the technology employed and, different assumptions

UKW doesn't need to cut it fine....big revenues. I think they are the most conservative of the alteratives hence I have 20k of these and similar of BSIF

[topvest] 18/1/2024 20:10

I am doing some analysis of alternatives - can anyone explain the materially higher discount rate and dividend cover at UKW versus TRIG and the others? Thanks in advance.

[fwatson] 17/1/2024 20:13

Any information regarding Schroders and possible Toucan solar acquisition? I'd imagine I'm being pretty optimistic in thinking that such a merger would incorporate greencoat uk wind shares... any info or thoughts?