The Renewables Infrastru... Share Discussion Threads

[drectly] 27/6/2024 15:28

built a stake around 100p ish, thought the yield with rates to come down would create a floor. With low debt, divi looks well covered. Proably a very good buying opportunity now, price makes no difference if they maintain the divi, but a halt to the drift lower would be reassuring

[panshanger1] 27/6/2024 15:13

2.4 billion market cap too

[hugepants] 27/6/2024 15:00

7.47p dividend this year. So about to join the 8% yield club.

[cc2014] 11/6/2024 14:52

I would think Labour are looking at 10-15 years in power as long as they don't do anything too stupid or controversial.

I'm not expecting them to do anything to harm business apart from the oil companies which they've announced already.

As for the budget gap it seems I'm likely to get clobbered by a CGT rise.

[yump] 11/6/2024 14:14

I think Labour are just not trusted not to do populist windfall taxes on renewables, combined with generally upsetting the investment horizon with their vaguely defined national energy interfering quango. Sorry I mean patriotic initiative to give us all the clean energy we deserve.

[cc2014] 11/6/2024 13:43

I took some JLEN yesterday at 85.7p which is holding up well today as is most of the sector considering the FTSE sell off.

[spectoacc] 11/6/2024 12:08

Seems to want to test lows - be interesting to see if anything in Labour's manifesto that might affect any of the renewables ITs.

Edit - getting a bit spoiled for choice again, in a FTSE still well over 8k. Looking to possibly add to:

- TRIG
- SUPR
- AGR
- BBGI
- SHED

[topvest] 10/6/2024 15:26

Added some more today. I have a full size position now. Happy to hold for a long time and collect the 7%+ dividend. Possibly a good time now with interest rate cuts coing and the gas price on the rise ahead of the winter storage fill up.

[aqc888] 06/6/2024 20:49

Russia has specialist submarines for cutting deep sea power cables. The U.K. will rely on foreign imports for electricity more this winter than any other, with the remaining coal power stations being switched off. Russian hackers have been targeting the nhs this week.

Would TRIG be a winner or loser in this cable cutting scenario? I suppose it would depend on which power cables were cut, an unlikely scenario of what might happen. But tensions are almost certainly rising

[llef] 28/5/2024 10:18

Ofgem have fined owners of Beatrice Wind farm 33m GBP for "charging excessive prices to reduce its generation output when this was required to keep the electricity grid balanced, thereby pushing up costs for consumers."

TRIG owns 17.5% of Beatrice.



I wonder if any more wind farms are being investigated...

[dope007] 24/5/2024 09:13

Looking at these myself. A labour victory should help them, but then again the fake tories are ok for them also

[saltaire111] 24/5/2024 09:12

Just bought 20k shares @ £0.995. It’s a ‘dip the toe in the water’ investment. With the nav 25% above the current sp, the downside is in my view very low and the upside looks good. Solid divi above anything you can get in the savings market so hopefully will add to this position monthly from now on.

Salty.

[drectly] 13/5/2024 13:21

Obviously the other major impact, especialy longer term, if results show they are generating enough income to continue increasing the dividend, that will help with a positive re-rate. Last results looked OK, but a longer term positive trend needed. We are well rewarded to wait, one for steady income and potential growth.

[makinbuks] 10/5/2024 10:00

Spec, we are on the same page with one cut and to be fair a second is possible. I'm not as bullish as Adam but again the pain is really going to bite this year as people with mortgages come off their fixed deals. Todays GDP surprised to the upside which won't help.

But whatever, the trend is clear and it will benefit the price here and in all the other rate sensitive stocks I hold, PHP, GACA, SUPR, etc

[adamb1978] 09/5/2024 16:23

I think we'll see a cut in June and then another in the autumn, possibly a third in December.

Understand the comments about wages/services inflation and those will continue to grind lower, but the overall inflation rate which is what is meant to be their focus will be within range, possibly sub 2% very soon.

Therefore I think the BoE can still cut rates next month and still have 'restrictive' policy which continues to hold back inflation.

I don't see them cutting 4 times this year, just because I think they'll want to go cut, pause, cut, pause, cut, rather than having successive cuts and appear desperate. There's also only 5 more meetings this year, which if they dont do successive cuts (or more than 25 bps), limits you do 75bps.

Longer term, will be interesting to see whether the recently increased savings rate goes and the impact which that has on rates

[spectoacc] 09/5/2024 14:54

Agreed on wage rises, but I think they'll do one cut soon (August) & then no further cuts in 2024.

But eventually, rates will tick down.

[makinbuks] 09/5/2024 14:47

Wages still rising at significantly above CPI. The BOE will want to see a clear downward movement in wage increases and therefore service inflation before making a move. that probably means Q4 but we should see a nice steady rise here all through next year

[adamb1978] 09/5/2024 12:28

Yes, this asset class was inevitably going to wake up as interest rate cuts get closer and closer. Today's MPC vote is another small step and we have 2 inflation prints before their next decision and inflation is expected to get to, or perhaps even below, 2% in June

[andyadvfn1] 09/5/2024 12:22

Move after 12pm due to likely rates cuts down the line

[spectoacc] 09/5/2024 12:11

Decent move today, anything out there? A lot further to run I hope.

[bareknee] 08/5/2024 10:51

Yea, divi is up 4% as per the target set in the Finals.

[wassapper] 08/5/2024 10:37

Dividend increased I think.