Nextenergy Solar Share Discussion Threads

[panshanger1] 18/6/2021 17:34

That would be good cause most of them are taking a helluva a beating

[ec2] 18/6/2021 16:39

I was in on the live call yesterday. There were some what I consider very key points made during the q&a regarding consultants price projections which obviously feed into the NAV. A "significant disconnect" was seen between consultants long term power price forecasts and what's being seen in the actual forward market. If consultants start raising their forecasts in line with what is actually bearing out in the market then I see a re-rating of the whole renewables infrastructure sector.

[tomps2] 18/6/2021 13:34

NESF FY21 Results Presentation NESF management present full year 2021 results for the period ended 31st March 2021, to analysts and investors. Watch the video here: Https://www.piworld.co.uk/company-videos/nextenergy-solar-fund-nesf-full-year-2021-results-presentation/ Or Listen to the podcast here: Https://piworld.podbean.com/e/nextenergy-solar-fund-nesf-full-year-2021-results-presentation/

[spectoacc] 14/5/2021 06:57

Agreed, they're all at it. NESF at least not starting from the point of fat premium.

[rambutan2] 13/5/2021 21:29

Discount rate reduced, as per usual, so now down to 5.75%. It's the gift that keeps on giving...

[gateside] 13/5/2021 16:15

Certainly worth buying for the yield.Strange time to issue update, why not at 7am? If they were trying to bury bad news of the weak NAV, most of that is surely already in the price, overall I thought it read well.

[spectoacc] 13/5/2021 15:55

Not all positive (NAV down), but some good stuff in the RNS just released, eg: "The current UK power market prices continue to improve, in contrast to 2020, following colder weather patterns, low gas supply and storage levels, and sustained demand for electricity. The Company has taken advantage of these recent higher power prices to hedge the majority of its expected generation for the 2021/22 and 2022/23 financial years at prices significantly above the projections provided by its three independent market consultants."

[rambutan2] 03/5/2021 04:55

Yes, the highly experienced and risk averse Peter Spiller said: "Outside conventional equities, renewable infrastructure funds continue to offer opportunities but the outlook for the sector does seem to be darkening. Historically we have been attracted by relatively secure revenues, partially underpinned by inflation linked government subsidies. These attractions remain but most funds now trade at substantial premia to their net asset values. This has caused record issuance that will continue until the premia disappear. NAVs are under downward pressure due to recent changes in UK corporation tax. Furthermore we view the UK power price assumptions that underpin the NAVs to be too optimistic, which suggests further weakness to come. We have reduced exposure to Greencoat UK Wind Plc and Renewables Infrastructure Group Ltd. Notwithstanding these concerns we did make one opportunistic acquisition in the space, Next Energy Solar Fund plc, which was demoted from the FTSE 250. This created a number of forced sellers and presented an attractive technical opportunity to purchase a portfolio of operational solar assets offering a 7% yield at a discount."

[panshanger1] 01/5/2021 03:37

I see Capital Gearing Trust opened a position here after the demotion from the 250

[panshanger1] 23/4/2021 11:04

Added a few

[gateside] 14/4/2021 10:57

I don't hold these but hold FSFL buying in a few months ago for the 7% yield. No Stamp duty on either which is nice. BSIF have always been way over NAV, no idea whyPersonally I prefer FSFL & NESF as they have greater diversification with asessts overseas.

[panshanger1] 14/4/2021 09:42

In this absence of any meaningful guidance !!Nibbled a few for the 7% dividend

[panshanger1] 14/4/2021 05:36

Can someone explain to me why this and FSFL have been hit so hard but BSIF ( Bluefield Solar )sails on relatively unscathed

[gateside] 19/3/2021 23:29

Over 15 million shares traded on each of last two days.Big seller out there. Going to cause a massive overhang of shares.

[stockstockham] 19/3/2021 20:19

Every post from 1st July been down-ticked, tho the cretin is probably having his dinner for the last two. There's a few like that on ADVFN, they've nothing to contribute so down-tick everything, positive or negative, to make themselves feel somehow relevant. NESF - the CT change won't have helped, since almost all NESF's assets are in UK, and altho they're hedged a few years out (mostly), they're very exposed to power prices beyond that. They also own wasting assets - leases on land with depreciating solar panels. But I still think they'll bounce from around here.

[1tommyt] 19/3/2021 19:26

Maybe the person disliking ever comment could tell us what's wrong ???

[panshanger1] 19/3/2021 17:45

Dividend target 7.05 pence per share for current year Market unhappy about something Struggling even in relation to other infra / renewable funds which are having a tough time generally

[nerja] 19/3/2021 15:28

This is crazy now, nav over 100p, I have got be missing something.

[gateside] 14/3/2021 22:05

hTTps://moneyweek.com/economy/uk-economy/602901/dont-fear-rishi-sunaks-corporation-tax-rise-it-may-never-happen?amp

[mw8156] 14/3/2021 21:20

will the change in corporation tax cut the divi returns significantly?

[gateside] 03/3/2021 19:45

That's NESF booted out of the FTSE250 FSFL the other solar fund, managed to survive in the FTSE250 for now.

[gateside] 02/3/2021 22:19

FTSE review tomorrow and just seen that NESF almost certain to be demoted to Small cap Index from FTSE250, that will account for some of the larger sells. Funds & Trackers selling out. Might have created a good buying opportunity though.

[llef] 02/3/2021 20:35

if that question is directed at me, then it's in the rns released on 22 feb (nav and operational update) cheers

[1tommyt] 02/3/2021 20:01

Could you advise we're you read this please