Greencoat Uk Wind Share Discussion Threads

[stewart64] 16/2/2019 09:51

Sometimes the spread is a lot tighter than the ticker suggests. Yesterday the official spread on Trig was 117.4/117.6....yet the purchase went through at 117.45, a mere .05 pence above the bid and the next move was up not down.

[gateside] 15/2/2019 19:53

Yes TRIG and UKW are the only two that are in the FTSE250. As a consequence, they also have a much tighter spread between the buy and sell price.

[a0002577] 15/2/2019 18:16

Am I right in saying that UKW and TRIG are constituents of the FT-250 (unlike JLEN and BSIF for example)? If true, does this go someway to explaining why they trade at a premium to the other green infrastructure funds?

[stewart64] 15/2/2019 15:53

Well has returned to an all time high once you consider the XD, so timed that right thus far. Bought in on Trig on the dividend dip earlier today at 117.45.

[cflather2000] 07/2/2019 20:35

Share issuances are quite ordinary in this kind of trust though, as most cash is paid out. Nothing builds up for acquisitions

[stewart64] 05/2/2019 19:11

Did top up yesterday at 130.0, since fallen even more to a bid of 129.4 in spite of the stock market rally. Backed the wrong horse as Trig ( which I also own) has continued to soar.

Trig has massively ourperformed Greencoat recently. Suggests to me Greencoat is oversold. But if the management will keep springing these share issuances.

[stewart64] 01/2/2019 20:23

Tempted to top up Monday if the share price stays under 130...nav premium at a recent low of 6%, fwd p/e at 10.8. This issuance is small compared to the 2017 one, the Market may have over- reacted.

[stewart64] 01/2/2019 09:28

New share issuance at 127p, they finally couldn't resist...stake in SSE turbines.

Last time they did this in October 2017 the Institutional offer price of 117p became the share price for a short while. However, that was a huge share issuance of about £500m, this is a quarter of that. Doubt it will fall much lower.

This is usually the time to buy Greencoat on the issuance dip.

[a0002577] 18/1/2019 10:34

Why the big move up today?

see

It has also had a knock-on effect on other green infrastructure funds

[whilstev] 18/1/2019 09:37

Rise in NAV due to an increase in assets lifetime estimate rising from 25 years to 30 years.

[bothdavis] 18/1/2019 09:31

News: results in line, increase as in RPI for dividend.

[stewart64] 18/1/2019 09:13

Why the big move up today?

[stewart64] 30/11/2018 10:46

Still waiting for Hargreaves, in any case they pend the dividend reinvestment until around the 12th of each month.

[bothdavis] 30/11/2018 09:55

Dividends received today....reinvested as ever.... good luck to all in the turmoil ahead!

[bothdavis] 13/10/2018 16:11

May I suggest prunes or a good curry!!

[stewart64] 13/10/2018 15:56

Indeed I said H1 was not the most helpful conditions. But as the linky and post have clearly upset you I have removed. I agree long term forecasting isn't exactly a science.

Btw as per Greencoat's half year statement, the wind does matter you know.

[tradermel] 13/10/2018 11:10

Its been one of the less windy summers and early Autumn, so how you think a forecast published in the sun is going to lead to something special in the annuals is beyond me!

[stewart64] 10/9/2018 19:06

Bit puzzled by Greencoat's stellar summer tbh, putting on 8% since May as the 350 has corrected 7% in the opposite direction. Trig's done ok but not to the same extent.

[stewart64] 06/8/2018 16:04

Would be an even better stock if the Management relied on organic growth rather than new share issuance. They've achieved scale and all that new share issuance does is increase the size not quality of the company. Everytime things are looking up (like now) we get punished by the management with new share issuance and a 5 to 10% share crash.

[ygor705] 27/7/2018 13:45

In my view this stock is totally underrated by the Market. Eps up 33% at half year. Dividend of 5.4% and well covered. Modest PE. Most FTSE 100 Directors would die to publish those kind of numbers. Just topped up.

[topvest] 29/6/2018 18:43

This has been the best performing renewable energy trust to date I believe. My favourite two are this and TRIG, which I think are the pick of the bunch!

[stewart64] 29/6/2018 13:53

Starting to get a bit worried again, as per my previous comment. Any excuse for a bit of Empire building and adding a few more wind farms.