The Renewables Infrastru... Share Discussion Threads

[bluntnib] 31/8/2021 18:39

why not just buy through PrimaryBid and then do a "put through" trade into your ISA or SIPP? Anyway I'm steering well clear. I wouldn't mind if they were raising cash to grow the business but I'm not keen on giving them cash so they just use it in effect to cover the dividend and their management fees.

See this from the RNS :

"The Company will use the funds raised to repay amounts drawn under its
revolving credit facility and to meet
near-term funding requirements."

[gbcol] 31/8/2021 16:14

I’ve written to them telling them what an appalling approach I think this is. I doubt they will care or even reply. I expect I’ll pick up a few more shares over the next week or so in the 124-125p range, but once the share price recovers after the placing/offer I’ll be out of this as I suspect this is now their modus operandi, which is not acceptable to me.

[prokartace] 31/8/2021 15:50

Yes its not only that you can't put themin ISAs and SIPPs, there is also the problem of coming up with the cash in time to put in the subscription. Most times there is not enough time to pull it out of the investment account into Primary Bid before the deal is closed. They need to have a way to pay on settlement in the nominated account. I am quite sure the institutions dont pay up front

[andyadvfn1] 31/8/2021 09:02

Quite Mickey Mouse indeed. Maybe they are aiming for a new group of investors.

[gbcol] 31/8/2021 08:01

Why are they doing this through Primary Bid? A bit Mickey Mouse and no use at all for those, like me, that have their shares in ISAs and SIPPs.

However I assume share price will now fall towards 124p, so may get chance to top up anyway. Not happy but guess it goes with the territory with these type of funds.

[nerja] 31/8/2021 07:35

There is the placing!

[deeker] 13/8/2021 15:42

Yes trig paying 5% on current price but if you bought in a few years back at a lower price then the dividend return on your investment will be more than 5%. Although I don't expect much in the way of capital growth( unless people climb aboard for income as an inflation hedge)I am happy to stay put and receive my solid 6% return.

[ec2] 13/8/2021 11:43

Have parked my sale proceeds from TRIG a few days ago into Next Energy Solar (NESF). The rationale is, keeps me invested in the same sector, NESF on premium of 2.44% and forward yield of 7%. This compares to TRIG on 17% premium and paying 5%. Both stocks have similar div cover (1.1 times and 1.18 times respectively). Should be no near term unexpected surprises from NESF as they made a business update only a few days ago. No stamp duty on this stock also makes it suitable for short term parking of funds. Stock goes ex next week for 1.79p quarterly div. If TRIG share price drops back to more reasonable level may then switch back into TRIG for the added diversification of wind as well as solar but NESF looks the better value option at present.

[makinbuks] 09/8/2021 18:25

Im concerned that real reductions caused by Government legislation in UK and France have been balance out by a 0.2% reduction in the discount rate. That is just too convenient for my liking

[igoe104] 09/8/2021 17:10

Video presentation on PI world.

[gbcol] 07/8/2021 12:00

Yep I’m staying put too. Not been here long so thought about taking my nearly 10% profit but I got this for the long term divi return, so will stick with that strategy and add into any dips.

[bogman1] 07/8/2021 08:47

I too am staying invested, divi is solid, they will issue more shares and the price will drop back giving opportunity to add. Solid long term security that pays a good divi, what's not to like

[panshanger1] 07/8/2021 07:52

I am staying invested here I get the feeling the market is looking for funds that offer some sort of hedge against inflation and possible pull back / correction in equity markets In recent weeks my best performers have been my reits / asset backed funds and renewable infra funds ( who have had a torrid year )

[goldry] 06/8/2021 20:36

I sold because it remains overvalued. Been going sideways for a while now and I can't see any sort of re-rating any time soon. I held for the dividends but have moved the proceeds into PHNX. Similar risk profile, slightly better divi and with some growth potential.

[carpingtris] 06/8/2021 20:11

Same.. in from ~115p and can't be bothered to trade this.

Rather hold and take the divi's.

You sell and where you put it?? The bank?? Good luck with that.

[igoe104] 06/8/2021 19:35

I'm staying put and holding onto mine. Things should start to improve this coming year and the Nav will improve, also a Decent dividends to pick up along the way..

[hindsight] 06/8/2021 19:28

Sold half at 133.825, premium ripe for a placing was reason

[goldry] 06/8/2021 18:59

Bit of a theme here. I too sold this morning for similar reasons having held for a few years.

[ec2] 06/8/2021 14:28

I've also sold out (133.8995p). Of the nineteen Renewable Energy Infrastructure stocks showing on my Sharescope only Greencoat Renewables is more expensive.

[cheshire man] 06/8/2021 14:01

Same here but will go on my watchlist now

[t-trader] 06/8/2021 12:16

I sold out too this morning. It’s had a good run of late but is well in overbought territory.

[cwa1] 06/8/2021 11:52

I thought the premium to NAV was looking a bit toppy, especially as the NAV drifted back a touch in this morning's announcement. So reluctantly I've decided to sit this one out for now and sell up but, as Arnie said, I'll be back...probably... :-)

[nerja] 06/8/2021 11:45

Just sold out for now ,that prospectus RNS is looking ike another raise coming soon imo

[nerja] 06/8/2021 10:50

Igoe104, have a great time , I left there in 2006, spent 10 great years there, my son is going back for a holiday in two weeks.

[pinemartin9] 06/8/2021 09:48

Yes, lack of wind is a problem for windfarms. Designing and building wind farms and predicting energy returns 25 years out based on a variable resource is a challenge. That said, that's where the technical expertise of the partners (RES) comes into things. They are there to manage the portfolio of assets and maximise operational and technical efficiency. There's no one out there better than RES at that.