Nextenergy Solar Share Discussion Threads

[microcline] 17/7/2024 09:21

I bet insiders know precisely the volume of buys and sells. You either press the sell button or the buy button and your choice is recorded.

[panshanger1] 15/7/2024 17:03

FWIW John Rosier cover this in Friday's I/Chron - Expert Portfolio No link but fairly positive commentary

[bountyhunter] 15/7/2024 16:46

I know that, just pointing out the discrepancy for those that may not.

[alter ego] 15/7/2024 16:10

buy/sell data is always a pure guess so I always ignore. It is just based on quoted mid price. Trades are often done well inside the quote which makes a nonsense of supposed buy sell numbers.

[bountyhunter] 15/7/2024 15:33

Topped up, buys being listed as sells on Advfn so ignore the buy/sell data, at least for today.

[keyno] 13/7/2024 12:07

#988: bound to be..........

Do not allow the Chair to vote for you. I always vote against the often beyond greedy remuneration packages directors award themselves, for starters.

It only takes a few minutes at most to read the options and then vote according to your tastes. It's the only chance you'll have this year and can be quietly satisfying. :)

[bountyhunter] 12/7/2024 17:46

Perhaps there's a big payout clause in their contracts!

[fordtin] 12/7/2024 13:32

When FSFL did that with the result of 24.4% in favour of closing down, I contacted NESF to suggest they issue a separate ballot paper for their discontinuation vote.
It seems they don't really care if their jobs get wound up!

[bountyhunter] 12/7/2024 13:21

Point taken. What's the latest NAV by the way?

I see that the gross asset value was recently stated as £1,155m with the current market cap at only £488m.

[marktime1231] 12/7/2024 12:37

Oh dear.

The AGM 12 Aug voting notice has just been printed. The corporate adviser types at NESF have fallen in to the same trap as other trusts facing a discontinuation vote ... watch out!

All the resolutions expect a Yes except the Discontinuation which requires a No (unless you want NESF to wind up). If your broker or platform offers an online option to vote Yes to All you will inadvertently vote for a wind up. Given all the advisers involved in orchestrating the AGM vote, and the observation that this has caused a problem elsewhere, you would think they could devise a voting structure which doesn't bring the house down by accident.

If in doubt do not vote Yes to All, give proxy to the Chair.

[panshanger1] 11/7/2024 15:42

And another at 217000

[garycook] 11/7/2024 14:53

2 Bigs buys of 217k,and 272k at 82.30

[masurenguy] 09/7/2024 15:27

Here’s hoping Labour’s new energy drive can help re-rate renewable infrastructure funds which offer good income and growth but trade on excessive share price discounts.

The new government has ambitious-sounding targets to quadruple offshore wind capacity, treble solar capacity, and double onshore wind capacity over the next decade. The big question is how this will be financed. Labour is creating a new entity, Great British Energy, which it will back with £8.3bn of funding over the lifetime of the current parliament. It isn’t clear what it will do but the rhetoric suggests that it will use its funds to help de-risk and kickstart projects so that they can attract much higher levels of private capital. That suggests that there will be an important role for the listed renewable energy infrastructure sector, if it can find ways to raise fresh capital or recycle the capital it already has.

[bountyhunter] 09/7/2024 15:16

Certainly not irrelevant although I see the share price recovering under Labour due to their green policies.

[cc2014] 09/7/2024 10:58

That's a bit harsh.

[marksp2011] 09/7/2024 09:53

You would be better charting power prices and interest rates. NESF will move in line with them. Past values of the share price are irrelevant

[bountyhunter] 06/7/2024 12:18

The chart looks good, double bottom and breaking out from the downtrend. Could be heading for a golden cross if the break upwards continues.

[masurenguy] 06/7/2024 07:44

NextEnergy Solar Fund non-executive director and head of the ESG committee, Josephine Bush, explains how NextEnergy Solar Fund is positioning itself as a leader in global sustainability reporting.

[bountyhunter] 04/7/2024 19:26

A potential beneficiary of a Labour landslide win? Sentiment towards NESF may well improve tomorrow. I've been topping up.

[roddyb] 03/7/2024 09:55

Share buy-back started on 1 July. They spent £85k on their own shares and have continued to purchase small amounts

[cc2014] 01/7/2024 09:09

The share buy-back has started and the chart certainly looks different than it did a month or so ago.

[marktime1231] 28/6/2024 14:00

Three chunky trades so far today not just dribbles of dr.

I don't think the announced buyback is underway yet either. Just the threat of one and board confidence seems to be doing the trick. Albeit still 20% undervalued. A way to go for the cost of debt to start falling.

[cc2014] 28/6/2024 11:59

I kind of think that although it's taken a bit of time the market has become more comfortable that the NAV is vaguely in the right area after the disposal.

Couple with a large seller clearing.

[prokartace] 28/6/2024 11:20

Strength is probably due to dividend reinvestment