The Renewables Infrastru... Share Discussion Threads

[cheshire man] 06/5/2021 07:43

Every little helps :-)

[cwa1] 06/5/2021 07:22

6 May 2021

The Renewables Infrastructure Group Limited (the 'Company')

Interim Dividend

The Renewables Infrastructure Group Limited (the 'Company') is pleased to announce the first quarterly interim dividend in respect of the three month period to 31 March 2021 of 1.69 pence per ordinary share (the "Q1 Dividend"). The shares will go ex-dividend on 13 May 2021 and the Q1 Dividend will be paid on 30 June 2021 to shareholders on the register as at the close of business on 14 May 2021.

[stewart64] 05/5/2021 13:50

The most similar IT..Greencoat did not have a NAV reduction. Like TRIG it raised cash at a premium to NAV on a sub IPO. Should spare a reduction to nav here too.

[gateside] 05/5/2021 13:32

Placing at JLEN and reduction in NAV at BSIF announced today

[eaaxs06] 05/5/2021 12:51

Oh dear, maybe someone knows what's coming?

Good luck everyone, Sid.

[schofip] 28/4/2021 13:22

Final weed out or tree shake before the coming rise. I reckon all the institutions are piling in after such pullbacks.

[eaaxs06] 28/4/2021 11:30

What was yesterday all about, I couldn't see any news or announcements that might have prompted the drop?

I (naively) thought tree-shaking was a thing of the past.

Good luck everyone, Sid.

[gopher] 27/4/2021 20:07

agree Schofip. Also Bloomberg projections of lower power prices longer term have put pressure on some inflated NAV premiums in this sector.

Some people now underwater so I don't see capital raises for a little while.

[schofip] 22/4/2021 11:09

I think because the latest cash raise was open to every man and his dog including those just looking for a fast buck, The share price as been hampered whilst these weak holders have been weeded out. I think the share price should start to make progress. Incidentally as there has been a dividend payment since the actual gain on the open offer is now above water.

[eaaxs06] 22/4/2021 10:15

A huge imbalance of buys to sells in the trading today - 678k to 13k!

Surely this has to start moving upwards very soon.

Good luck everyone, Sid.

[gateside] 19/4/2021 16:55

Agree. Have a sizable holding in TRIG and others in this sector which has been holding back my overall portfolio this year. But this will come good as the year progresses.

[panshanger1] 19/4/2021 15:08

Whole sector been more or less the same inc infra Out of favour at the moment but the wheel will turn

[carpingtris] 19/4/2021 14:25

This type of news helps:

[gateside] 19/4/2021 12:13

Looks like TRIG has turned around. Hopefully back above 130p soon.

[stewart64] 16/4/2021 09:07

The 250 is at a record, the 100 has retraced back over 7,000 for the first time in ages, we are closing in on the ex Div date, the next sub ipo is some way off and there is momentum off the recent price capitulation. You'd expect buyers to outweigh sellers just nowand if you are a day trader a tad risky to sell lest you get knocked out of the game by a sudden sharp rise.

[eaaxs06] 15/4/2021 11:46

Lots of buying here today, and the 123p level has just been breached. Lets hope it can make more progress from here.

Good luck everyone, Sid.

[gateside] 07/4/2021 20:16

Yes TRIG seem to have lost their way this year. Agree, even a token raise of the dividend would have sent out the view that TRIG are a good investment.
These renewable funds are seriously unloved at present. Share prices making no headway while rest of Market is racing ahead.
I'm not selling, but certainly not buying anymore. Will hold and keep reinvesting the dividends.

[stewart64] 07/4/2021 19:09

Sub ipos make the dividend fairly safe, you can see why Management love them. If they raise 780m in a year and 65m of that is at a premium to nav then that pays half of the 130 million they need to raise to cover the dividend. The dividend doesn't require 100% earnings cover to hold nav.
Given the importance of raising new capital at a premium, then not increasing the 6.76p dividend by a token ( say 6.8p) seems a bit of a Management own goal as it will probably alter the perception of the shares value and future ability to get a decent premium on ipos.
That's my logic anyway, and would welcome an alternative view.

[gbcol] 04/4/2021 10:35

Doubt share price can make much progress with further fundraisings upcoming but I’ve just got on board here in this IPO, predominantly for the divi.

[pugugly] 04/4/2021 07:47

Write up in MOS - share price at time of posting 122/123p

However share price seems to have been marking time for the last 2 years- ESG not always a good bet for making profits on the stock market in the current climate -

[eaaxs06] 26/3/2021 16:26

Stubborn resistance at breaking through the 121.2p level, for the past 3 hours or more.

A very similar battle to yesterday morning, but in the opposite direction. Support has become resistance, but keep trying, it'll break soon.

Good luck everyone, Sid.

[stewart64] 26/3/2021 11:06

These capitulations usually bounce back fast.UKW bounced off lows sharpish earlier this month and GCP infrastructure likewise. Fingers crossed.

[eaaxs06] 26/3/2021 10:56

Lots of decent orders kicking in as the price hit 120p, both buying and selling.

Let's hope the buyers win the day.

Good luck everyone, Sid.

[redips2] 26/3/2021 10:26

Alternative energy..... unbelievable !!