We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Triple Point Energy Transition Plc | TENT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.40 | -0.88% | 45.10 | 12:35:11 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 45.60 | 45.10 | 45.60 | 45.10 | 45.50 |
| Industry Sector |
|---|
| TRAVEL & LEISURE |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 06/09/2024 | Special | GBP | 0.25 | 19/09/2024 | 20/09/2024 | 04/10/2024 |
| 24/06/2024 | Interim | GBP | 0.01375 | 05/09/2024 | 06/09/2024 | 20/09/2024 |
| 24/06/2024 | Interim | GBP | 0.01375 | 04/07/2024 | 05/07/2024 | 19/07/2024 |
| 13/03/2024 | Interim | GBP | 0.01375 | 21/03/2024 | 22/03/2024 | 05/04/2024 |
| 13/12/2023 | Interim | GBP | 0.01375 | 21/12/2023 | 22/12/2023 | 12/01/2024 |
| 01/09/2023 | Interim | GBP | 0.01375 | 14/09/2023 | 15/09/2023 | 29/09/2023 |
| 19/06/2023 | Interim | GBP | 0.01375 | 29/06/2023 | 30/06/2023 | 14/07/2023 |
| 08/03/2023 | Interim | GBP | 0.01375 | 16/03/2023 | 17/03/2023 | 31/03/2023 |
| 02/12/2022 | Interim | GBP | 0.01375 | 15/12/2022 | 16/12/2022 | 06/01/2023 |
| Top Posts |
|---|
Posted at 04/10/2024 06:57 by joe say Good point but the RNS at the time statedSale Terms P3P Partners has offered to refinance the CHP Portfolio, comprising loans to Harvest, Glasshouse and Spark Steam, repaying a total of £17.5 million. The offer is comprised of an immediate payment of £14.5 million and three subsequent payments of £1 million, to be received on 30 September 2024, 30 June 2025 and 30 September 2026. The £3 million deferred payment is not contingent and is not expected to delay the completion of the managed wind-down and delisting of TENT. The outstanding principal and capitalised interest as at 31 March 2024 across all three loans was £23.1 million, resulting in an impairment of £6.1 million. Note that the payment is non contingent. That said, they also spoke of the deterioration in APS debtor profile - which is where I would expect the issue to lie |
Posted at 04/10/2024 06:45 by joe say Not good - but hopefully TENT will pursue these monies aggressively |
Posted at 04/10/2024 06:17 by cc2014 hmm. P3P Partners who have owe the money to TENT in relation to the CHP they sold to APS Salads only paying part of the bill.I note P3P Partners also own 80% of APS, a strange business to be invested compared with the rest of their core business. |
Posted at 09/9/2024 08:45 by cc2014 Here we go SteMis. Not that it matters as we've both sold out.From the RNS "P3P Partners has offered to refinance the CHP Portfolio, comprising loans to Harvest, Glasshouse and Spark Steam, repaying a total of £17.5 million. The offer is comprised of an immediate payment of £14.5 million and three subsequent payments of £1 million, to be received on 30 September 2024, 30 June 2025 and 30 September 2026. The £3 million deferred payment is not contingent and is not expected to delay the completion of the managed wind-down and delisting of TENT. The outstanding principal and capitalised interest as at 31 March 2024 across all three loans was £23.1 million, resulting in an impairment of £6.1 million." I'm not sure where I got the 5.6p write down from. It appears to be 6.1p. |
Posted at 06/9/2024 13:26 by chico hamilton What an absolute sh*t way to distribute capital!! If you hold these outside a tax wrapper many will get stung with the dividend allowance. For those that have sold and looking to buy back after the ex-date to avoid the dividend allowance breach just remember that if you buy back within 30 days you will create a capital gain. |
Posted at 06/9/2024 11:51 by stemis Current share price of 71p less 25p special dividend is net cost 46p.Last net asset value (31.3.24) was 86.66p/share. Since then they've paid 2 dividends of 1.375p each so, after the 25p special dividend, proforma NAV/share would be 58.9p. 'Potential' upside of 28%. Unfortunately Triple Point being the useless bunch they are, have decided to return me my first tranche of my own capital by means of a dividend. As I hold it outside a tax shelter that means I'd have to pay tax on it. So I've sold... |
Posted at 03/9/2024 15:07 by vatacarma Tent is now looking very interesting with Milkwood upping their stake to 13.5%.Look what they did at Downing Strategic, stopped the wind down in its tracks ! |
Posted at 18/7/2024 15:50 by stemis Very quiet in here and maybe that's a good thing...I'm not a fan of these little 'environmental' investment trusts but I have a small interest here. Current net asset value at 31 March was 86.66p/share. Since then it's paid a dividend of 1.375p. Let's be prudent and knock that off NAV, giving 85.3p/share. Current share price is 70p. So in theory a 22% gain to be had. The way TENT accounts for it's investments, through an intermediate holding company, clouds the situation. But at 31.3.24 there was £3.7m cash in the top co and £4.1m in the intermediate holding co. Knock off £1.4m for the dividend and £0.7m for negative working capital (£0.4m topco + £0.3 intermediate) gives £5.7m. Since then £2.1m repayment of LED facility £11.6m repayment of Field Debt facility (balance of which clears revolving credit facility) £14.5m refinancing of CHP facility (plus £3m deferred) giving a total cash of £33.9m or 33.9p/share. Not sure why TENT aren't distributing the bulk of this. What's left is 51.4p/share (£51.4m) covering the remaining 36.1p cost of shares. That's made up of £3m deferred consideration on the CHP refinancing, the hydroelectric assets (bidders shortlisted) which cost £46.2m and the remaining LED facility of £2.2m. Anything better than a 30% haircut would be profitable at this level. |
Posted at 25/6/2024 16:13 by stemis Surprised they got away with an impairment of only £6.1m (although there is still £3m at risk due to deferred payment).-------------------- SteMiS - 06 Mar 2024 - 09:58:45 - 67 of 84 I'm pretty sceptical of these small 'enery efficient' investment vehicles like TENT which sought to ride the somewhat trendy 'environmental' wave and now sit on big 'discounts'. Part of TENT's NAV of £95.1m (95.1p/share) comprises loans to CHP producers Harvest and Glasshouse. For anyone who's interested... Harvest is Harvest Generation Services Limited. Accounts are available on companies house web site. As at 31 March 2023 (last accounts) it owed TENT £9.2m. Harvest had net assets of £3.6m and appears to be loss making. Glasshouse is Glasshouse Generation Limited. Accounts are available on companies house web site. As at 31 March 2023 (last accounts) it owed TENT £9.2m. Glasshouse had net assets of £4.3m and appears to be profitable in the year but has losses brought forward. These loans add up to £18.4m (18.4p/share). Loans are due for repayment in 2031. Will be interesting to see how TENT recover this money before then at full value. |
Posted at 06/3/2024 09:58 by stemis I'm pretty sceptical of these small 'enery efficient' investment vehicles like TENT which sought to ride the somewhat trendy 'environmental' wave and now sit on big 'discounts'. Part of TENT's NAV of £95.1m (95.1p/share) comprises loans to CHP producers Harvest and Glasshouse. For anyone who's interested...Harvest is Harvest Generation Services Limited. Accounts are available on companies house web site. As at 31 March 2023 (last accounts) it owed TENT £9.2m. Harvest had net assets of £3.6m and appears to be loss making. Glasshouse is Glasshouse Generation Limited. Accounts are available on companies house web site. As at 31 March 2023 (last accounts) it owed TENT £9.2m. Glasshouse had net assets of £4.3m and appears to be profitable in the year but has losses brought forward. These loans add up to £18.4m (18.4p/share). Loans are due for repayment in 2031. Will be interesting to see how TENT recover this money before then at full value. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
