Harmony Energy Income Share Discussion Threads

[nickrl] 22/2/2024 13:27

@yump fundamentals haven’t changed revenue generation remains severely depleted but let’s see whether the next change to balancing mechanism to 30m dispatch from 15m on 1st March provides any meaningful improvement. Of course Harmony self value their investments so will no doubt paint a good picture of the future to keep NAV up and for sure current share price too low against that metric. For me though revenue generation at opco level is barely covering the external debt costs and inv mgt charges so divi reinstatement is way off.

[yump] 22/2/2024 08:13

Whats the betting that certain analysts suddenly reverse their armageddon predictions…

[cruelladeville] 21/2/2024 18:29

What happened today then? Nice to see something of a bounce in share price.

[genista71] 14/2/2024 17:33

"Surely this is way oversold now? Just keeps getting cheaper whilst a floor of sorts seems to have developed at GRID."

GRID has less leverage than HEIT which will soon be in breach of its banking covenants

[genista71] 14/2/2024 17:33

"Surely this is way oversold now? Just keeps getting cheaper whilst a floor of sorts seems to have developed at GRID."

GRID has less leverage than HEIT which will soon be in breach of its banking covenants

[cruelladeville] 14/2/2024 15:43

Surely this is way oversold now? Just keeps getting cheaper whilst a floor of sorts seems to have developed at GRID.

[nickrl] 14/2/2024 09:13

HEIT are well placed in short term to benefit from the ESO changing the maximum discharge time in the balancing mechanism on 1st March from 15mins to 30mins. This doubles the power that can be delivered so for the bigger BESS assets now makes them comparable with gas fired assets. In the long run though the amount of new assets coming on line will keep price opportunity down unless there is another geopolitical upset.

[genista71] 14/2/2024 08:18

If trading continues as it is, or worsens given the new improved batteries adding to capacity, then this will soon be in breach of its covenants. Shareholders will be lucky to get 20p back

[nickrl] 13/2/2024 18:37

Handelsbank offloaded over 3% of their holding

[nickrl] 13/2/2024 15:41

@tsmith they had 3.87% already but reasonable acquisition maybe done in hope it recovers to offset losses on original investment!!

[tsmith2] 13/2/2024 14:48

Premier Miton Group plc picked up 5%?

[tsmith2] 08/2/2024 09:28

Big vote of confidence

[nickrl] 08/2/2024 08:35

I see the developer that sold the sites to HEIT have bought up a chunk of shares. Not sure they have deep enough pockets to buy the lot but i guess a possibility in conjunction with others they could internalise it and wait out for better times should they return.

[spectoacc] 07/2/2024 18:14

Meanwhile, more batteries will be coming on stream.

[nickrl] 07/2/2024 18:04

@Tiger these along with GRID be volatile for sometime until the fog clears about whether we are at the bottom of the likely income generation levels and then as the year progresses and the ESO make further enhancements about how they deploy BESS assets is the income stream going to grow back. Personally i can't see the heady days of pricing 18mths coming back that was a unique situation. The ESO was changing the way it procured frequency response and fixed priced it initially to encourage participants in but that market now saturated. So it now remains to be seen whether the upcoming changes improve the utilisation of the BESS assets over CCGTs only time will tell. For me im out of these until that fog clears and directional of travel is clearer.

[tigerbythetail] 07/2/2024 15:46

Share price has suddenly dropped 10%.
Anybody know of any reason other than simply a sizeable holder has decided to sell?

[vaston] 07/2/2024 14:21

SYME IS NOW READY TO FLY

[tsmith2] 06/2/2024 11:29

Chunky prints continue

[tsmith2] 05/2/2024 19:48

would think we get a holding statement imminently

[nickrl] 05/2/2024 19:10

@wskill perhaps they've decide no longer suitable for private investors!!

[tsmith2] 05/2/2024 10:12

1M 1/2p above bid?

[wskill] 05/2/2024 10:05

double post

[wskill] 05/2/2024 10:05

Tried to buy a few on Barc this morning wouldn't let me, usually treat this as a message not to buy but will try again later also couldn't buy GRID wierd.
It was after I saw those 50k s selling at 34.95p this was my plan put a limit order at 35p

[tsmith2] 04/2/2024 23:44

It's in the context of the dramatic fall in revenues given current extraordinary backdrop.not as yet a holder but very tempted at these levels.