Greencoat Uk Wind Share Discussion Threads

[ygor706] 29/8/2014 16:36

New high today.................we're moving at last!

[topvest] 23/8/2014 18:41

Yes a fundraise is likely, but most likely an open offer rather than a rights issue. They are doing all the right things in my view. I would happily invest more as I think this is one of the best energy funds.

[ygor706] 23/8/2014 16:45

There is talk of another rights issue here to fund the recently announced acquisition. This is a safe enough policy but will hardly cause the share price to make any progress. I believe that the group is allowed to gear itself up to 50%: personally, I would prefer to see gearing employed to push the share price along a bit further before having to cough up more equity.

[whum] 09/4/2014 13:03

forgot to add, the Scottish referendum is also an unknown quantity
as it accounts for 22% of the installed capacity

[whum] 09/4/2014 12:59

how is the goverments proposed stance on halting onshore wind
development going to affect earnings and future growth prospects

[cyfran101] 28/3/2014 23:03

If SSE is selling £1bn of renewables that looks good for UKW.

[jonburney] 10/3/2014 07:27

Annual results are due on the 24th Marchhttp://uk.advfn.com/news/UKREG/2014/article/61380194?xref=newsalert

[bothdavis] 08/3/2014 12:17

I hold my Greencoat in the Halifax online account, so have it on automatic dividend reinvestment. So hopefully the old trick of reinvesting my the divis works out a good long term strategy.

[jonwig] 07/3/2014 14:35

The expectation was that income (and hence NAV) would be indexed in some fashion.

Now it's possible it will be, after a shift downwards from lower subsidies.

Essentially I think renewables are a sound investment proposition, but not so big a slice of ones portfolio.

E Europe events have skewed the arguments in favour of wind and solar.

[jonburney] 07/3/2014 13:51

Hrmm I've been in this since the IPO but I'm starting to wonder if this share actually has anywhere to go...

[jonwig] 03/3/2014 08:22

Yes, I read that and felt I was a bit overweight in this sector.

I've sold my UKW but kept the TRIG. A pity, as the yield was so good.

[stockonomist] 03/3/2014 00:09

Wind farm earnings hit by plans to freeze carbon tax



Companies likely to be affected include Greencoat UK Wind, whose prospectus ahead of the flotation last year highlighted how wind farms stood to benefit from the carbon tax, and The Renewables Infrastructure Group (TRIG), which owns wind and solar farms and said in its results last week that it would see a slight reduction in NAV per share if the tax were frozen.

[bench2] 29/1/2014 09:37

Any reason for the big fall today ?

[rustle2] 03/1/2014 13:14

Thanks Dave, that makes sense and stirs a memory of reading that before.

[daveofdevon] 03/1/2014 12:10

My understanding is that we will start with a 6p annual dividend paid as 3p each half year. The interim last September was pro rata for the opening 3 months

[rustle2] 03/1/2014 11:36

I'm confused by the company website.
Their financial calendar has two interim dividend payments Feb 2014 and Aug 2014.
We had an interim in Sep 2013 of 1.5p.
So in Feb 2014 we expect a FINAL dividend of 4.5p to achieve the stated aim of 6.0p.

Is this right or am I just confused by the terms?

[topvest] 14/12/2013 17:26

Yes, reflects the poorer sentiment on green energy over the last few months. Still a successful fund raising though.

[jonwig] 13/12/2013 08:52

£83m (gross) raised against target of £135m max.

[topvest] 16/11/2013 08:19

Yes, I agree ROC accreditation is safeguarded. Its future projects at risk a couple of years down the track. I really can't see much impact as we need solar and wind assets to improve the renewable mix. It's the ECO programme that is really expensive as that's effectively a £1 for £1 pass through on customer bills for money spent now. This is the loft insulation and other associated subsidy schemes. Much of this is forcing spend above a natural economic rate in my view and could easily be halved, without too much impact.

[topvest] 15/11/2013 21:26

I will take up the open offer entitlement. I don't think there is any real danger of subsidies being withdrawn here or on solar assets. It's the ridiculously expensive ECO scheme that is going to get pegged back a tad in my view as that has the biggest impact on customer bills.

[jonwig] 15/11/2013 07:20

Fundraising as expected:



Open Offer 1:2 at 102.5p with opportunity to apply for excess.

Wind farms haven't quite the attraction they had earlier in the year. I suppose they'll get this away, but I can't see much enthusiasm.

҉

[topvest] 09/11/2013 19:29

Why? All seems pretty positive here.