Gresham House Energy Sto... Share Discussion Threads

[notbitcoin] 05/9/2022 17:27

Turning into momentum stock now .
How long can this last without any news

[willywonka12] 05/9/2022 16:24

Sold half this mourning ..Don,t like ex divi date not been announced or why it not been announced.

[notbitcoin] 02/9/2022 17:19

May they found the key and looked them sells in.

[cruelladeville] 02/9/2022 15:12

Nobody knows anout the next dividend yet then?

[marktime1231] 02/9/2022 14:58

Annoying when they are not doing what they said they would and have not advised shareholders. Maybe the key to the boardroom drinks cabinet has gone missing.

[notbitcoin] 01/9/2022 18:57

Any update on dividendyield declaration very disappointed

[nickrl] 01/9/2022 13:10

Marktime they need to move quick as i believe its inevitable there will be some interference in NETA as they need to delink gas pricing from leccy pricing. This will reduce volatility with GRID are exploiting or to be precise the trading companies that manage tge batteries

[marktime1231] 01/9/2022 12:33

Even with the built-in NAV progress we already know about this feels like an extra-ordinary premium eg 15% or more. Surely not just because the FT confirms what we already knew, energy storage is a great place to be invested right now. When you have been waiting for promised news, even an overdue dividend announcement, it is only natural to wonder who knows something the rest of us don't.

So what is going on ... hopefully hatching plans to exploit the premium and go for a big market tap to accelerate the growth plan?

[cruelladeville] 01/9/2022 10:46

Only in your dreams?

[jonwig] 01/9/2022 10:44

Trust Truss?

[nickrl] 01/9/2022 09:38

jonwig for sure its good for GRID as long government don't decide to windfall tax the whole energy supply ecosystem to fund the support they are going to have to provide to consumers.

So best keeping quite about it!

[jonwig] 01/9/2022 06:44

FT today:

Electricity storage battery groups set for windfall amid market volatility.

Operators that can store excess power supply are set for an important role as winter approaches.


The operators of electricity storage batteries are emerging as rare winners from the UK energy crisis, as the need to prepare for the threat of blackouts this winter intensifies and market volatility increases.

The batteries help the electricity grid function, providing more energy when demand outstrips supply and storing excess power. Gresham House and Pivot Power are among the companies benefiting from rising volatility in the electricity market as they sell the power to the grid when prices are high and charge up the batteries when they are lower.

“There’s a huge advantage of being active now,” said James Bustin, investment manager at Gresham House, the UK’s largest battery storage operator. “As a result of the energy crisis, we’ve had volatility reach record levels, and batteries make money off of the highs and lows.”
More:

[igoe104] 29/8/2022 20:43

No announcement has been made yet for the next dividend. But they should be one soon.

[willywonka12] 26/8/2022 06:11

Can't wait

[notbitcoin] 25/8/2022 15:24

Divi decuraltion was yesterday but not heard anything.
Ex divi 1 September

[notbitcoin] 22/8/2022 12:41

Ex divi 24.08

[pavey ark] 17/8/2022 20:06

Interesting piece in recent Which magazine regarding EV battery deterioration.......it looks like car batteries deteriorate at 1% to 2% per year.This is my experience with my almost two year old EV......very little range loss.I know I'm not comparing apples with apples and battery costs are only c.25 % of GRID'S installation costs but they are writing the costs over 7 years so if they last longer there is an obvious cost benefit.I know that wind turbine operators did get a lift when the life expectancy of the turbines was increased.

[tag57] 12/8/2022 20:51

Marktime, looking at Dividend max the next divi is usually paid in September with just the 2021 paid early for some reason

[marktime1231] 12/8/2022 20:03

Actually I am surprised we haven't had the Q2 dividend notice already, and was hoping for it to be paid promptly, no reason to slip in to September. The recent listing proposal said expect it in August.

[notbitcoin] 10/8/2022 08:47

I Thought a bit of useful info

[frederickbloggs] 06/8/2022 14:14

Fully understood and agreed. Bought in at 103p and very glad too. Also bought a smaller stake in HEIT at IPO because GRID was accumulating it's premium to NAV. I won't pay a premium to NAV. HEIT is a smaller and younger company, of course. It is very tempting to think about trimming GRID share holding but it's not easy to find investments with as promising a future at the moment. We still haven't scratched the surface yet given the planned wind turbine installed capacity. I think energy storage is where wind power was a decade or more ago.For diversity and income I hold a wedge of SSE too mostly on account of the Dogger Bank project.

[nickrl] 06/8/2022 09:14

Frederick my take is its getting ahead of itself on fundamentals but that means nothing if a stock becomes hot as irrational exuberance takes over. Anyhow GRIDs primary advantage currently is they have assets to trade with on the daily electricity market (Wholesale, BM or dynamic services)so are earning real cash at the operating company level unlike HEIT which is still months off having even its first operational asset. They also acquiring vast capacity of assets and will become the dominant player in the BESS market but its coming at the expense of an ever expanding share register so im wary they will be raising the dividend for a while yet but if you got in at the ground floor you've no need to worry about that.

[frederickbloggs] 06/8/2022 08:11

Closed at neatly 170p. Is it just "flavour of the month" here? Or does the market see something more significant? I did say to Mrs Bloggs a couple of months back that I can see 500p here and 1000p within a decade.

[nickrl] 05/8/2022 16:56

Given the vast wind constraints payments being made are largely for Scottish onshore wind due to the daft policy which forces connection onto the grid whether there is capacity or not you would think the SNP would be right behind this one its an absolute no brainer. Anyhow they don't hence the opportunity for the likes of GRID.

[frederickbloggs] 05/8/2022 13:39

Yet it's the same intellectual pygmies we have today who allowed Centrica to shutdown Rough gas storage. Now there's a massive panic to bring it back into use.The idiots we have in charge wouldn't recognise a vital investment in national energy security if Coire Glas dropped on their head. Disgraceful really when you think about it. Nobody thinks beyond the next election.