Nextenergy Solar Share Discussion Threads

[bountyhunter] 12/12/2024 18:34

Very wise chucko1

[yump] 12/12/2024 18:01

There is sometimes an assumption that institutions act rationally, but they are just as scared as pi's when prices are falling, but for different reasons.

pi's can wait. Funds have to report performance and they won't want to admit they've taken a heavy paper loss.

Same reason your financial adviser will hardly ever reccommend a stock that's dropped to a very low level but is actually a sound business. They just won't want to make a mistake.

We are quite lucky as pi's - just have to answer to spouses. OK, actually that's worse!

[pol123] 12/12/2024 17:19

Think we will find a fund sell is being worked. Opportunity knocks IMO

[chucko1] 12/12/2024 16:53

You cannot say "because it happened to DGI9 it could happen here". Otherwise you could say the same about everything in this sector (and beyond) without either investigating or discriminating.

In other words, you cross the divide between taking advantage of potential fear, and supplying the fear - and that is not a profitable place to be in the long run.

Having said that, I did lighten up on something in this sector to add further to NESF (having sold most of the first sub-70p purchase a few days back, so there was decent room), but I am closing in on what is a prudent upper limit to position size now. If we dive further, I will not be able to trade a lot more on this specific stock.

But I saw a 200k cash sale early this morning, so as well as the recent machine-gunning of this stock the past week or so, it seems likely that the price action is determined principally from this activity. These are the things I am quite happy to take the other side of. And if I'm wrong, at least I have a while longer to enjoy a 12.5% yield and a disciplined risk management approach to fall back on. Perhaps, also, some further energy price hedging at spike high prices (as we saw today) can bolster this forward divi cover!

[drunker50] 12/12/2024 16:47

11% dividend for a 28% drop in share price ...Stocks that have a terrible year nearly always follow with a poor January, i'll come back have a look in February.

[stemis] 12/12/2024 16:34

Maybe the market just thinks NESF isn't good value. With a market cap of £392m, look through debt of £333m and £200m of preference shares, that's £925m of value serviced by £41m of SPV EBIT; a multiple of 23 (or 30 if we deduct a notional 25% tax). Seems quite high for a business whose profits have been falling for the last 18 months...

[nemesis6] 12/12/2024 16:20

this pos has no shame

[spoole5] 12/12/2024 16:01

People said the same about DGI9

[sleveen] 12/12/2024 15:53

sp fall.

Given all the positives, the share price falls inexplicably.

[mantelsloris] 12/12/2024 15:26

Out of genuine interest did you sell only due to the share price falling? Or is there something which you don't like about the business?

[sleveen] 12/12/2024 15:10

Totally agree.

I was offered 68p to sell this morning and I took it.

I may rebuy should it fall significantly further.

Even though I reject various argument from 2 posters regarding NESF there must be a problem with the WHOLE SECTOR.

[prokartace] 12/12/2024 13:58

Well it will improve the dividend cover lol

[tag57] 12/12/2024 12:21

I doubt a buyback will make any difference to the share price It certainly isn’t at some of the other cos I invest in.

[skinny] 12/12/2024 11:38

I've had a dabble here this morning.

[wallywoo] 12/12/2024 10:30

Does anybody agree that there's a big difference between the sole energy storage companies (eg gsf, grid etc) and solar generation companies (albeit with a tiny bit of storage too)?


Sure they are in the same game space, but the business model is completely different. It seems to me that energy storage companies get themselves into trouble. Solar won't. Doesn't stop this slide though, so wtfdik!!


Sfor are around £8m into a £20m share buyback programme. I look forward to share buybacks resuming here. Next xd date will be Feb 25, dividend payment date is 20th December. I will reinvest it.

[adam] 12/12/2024 10:07

Why wasn’t Michael Bonte-Freihiem the Founding Partner and CEO of the NextEnergy Group and a member of the Investment Committee at the most recent results presentation?

[sleveen] 12/12/2024 08:13

GSF interims published, not particularly inspiring from a BESS trading perspective.

May have some read over to NESF?

[cc2014] 11/12/2024 16:40

Not much sun to sell in December but Camilla must be raking it in with spot electricity at £300+ as of now

[mantelsloris] 11/12/2024 15:24

I cant wait for the sentiment to change on this Patience is painful

[cc2014] 11/12/2024 15:14

Mr £50k/£25k has the hallmark of a gambler trading on margin, who keeps putting up the margin for the trade and keeps getting force closed out.


Otherwise I have no reasonable explanation for his actions other than he wanted the cash in a hurry to put on another trade.

[daler1966] 11/12/2024 15:05

1.5x covered

[cc2014] 11/12/2024 15:00

Has Mr. £50k finished?

Picked up a few in my daughters LISA at 67.5p.

[sleveen] 11/12/2024 08:07

"no-one can be certain that present yield is covered with real cash generation"

Can you give us a couple of examples of imaginary cash generation?