Share Name Share Symbol Market Type Share ISIN Share Description
Ventus Vct Plc LSE:VEN London Ordinary Share GB00B03KMY45 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 110.50 108.00 113.00 110.50 110.50 110.50 2,192 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 1.7 1.4 8.5 13.1 18

Ventus Vct Share Discussion Threads

Showing 1 to 7 of 175 messages
Chat Pages: 7  6  5  4  3  2  1
Timbo - please would you remind us when the 40% tax-offset on VCTs is due to be terminated? I bought Vane for the 2004/5 tax year rather a sharp fall, (11%)yesterday, I think, and agree with your liking for divs., so VEN could be good for this year's VCT.
timbo, you may like to add Cavendish to your list of VCT intermediataries; I think they may offer better discounts than the others. http://www.cavendishonline.co.uk/COL/VCTs.htm
See article in today's Sunday Times: http://www.timesonline.co.uk/newspaper/0,,176-1572325,00.html I doubt if Ventus are likely to run into such serious opposition with any of their ventures, as they are intending to get mainly involved with much smaller community projects (typically 1-6 small wind turbines located on industrial sites, generating 2-12 megawatts) where planning consent has already been granted, as opposed to twenty seven, 400ft high monsters which are arguably a bit of a blight on the landscape. The last three paragraphs of the article are of interest as there's a few metrics quoted for ROCs and estimated growth in turbine in the UK (see below) Companies producing renewable energy sell their electricity at the market rate, about £22 per megawatt hour. This return would be too low for most companies so the government has created "renewable obligation certificates" (ROCs). Renewable energy producers can claim one ROC for each megawatt hour of electricity they produce. ROCs currently fetch £47 each - meaning wind power costs consumers a total of £69 a megawatt hour. There has been an explosion in the number of planning applications to build wind farms. Britain has about 1,200 turbines but this is expected to reach 6,000-8,000 by 2020.
mdchand I see you are also into Alkane (me too), and thanks for providing all the useful info on that one. My main regret with Alkane is that I didn't load up sufficiently at 10-12p per share price range. Oh well, I will have to be content with my modest holding (60K shares), they are definitely intended to be a (very) long term hold. When oil hits $100/barrel in the next couple of years, Alkanes share price will probably be much higher than the current level and Ventus's prospects will be even brighter than they are now.
timbo - not alone. I looked at this vct for some clients and know some angles on windfarms, especially from a tax partnership mitigation angle. I agree, when you examine the tax breaks collectively, your looking at perhaps a 15% compound return over 3 years. I wish you well - it looks a very solid investment, but I think your in for a very lonely time on this thread lol
Well I thought this would be a lonely thread, and I'm correct, (at least up to now), nethertheless, I'll soldier on as a norman no mates for the time being. It's certainly good to see some big "grown up" energy companies taking wind power seriously, for example see Scotish power's (SPW) announcement earlier this week http://www.advfn.com/p.php?pid=nmona&cb=1113419446&article=10878386&symbol=L%5ESPW I confess I own quite a few shares in Scottish Power in addition to a quite few in Ventus, I have no intention of selling either in the short to medium term. Energy prices are heading up and that's for sure, so I'm very, very happy to hold and collect the juicy divis
Hits since July 15th 2013 Hit Counter Question: So what's the catch? Answer: None really, but it is a venture capital trust (VCT), so not suited to everyone's investment style. According to the prospectus, Ventus plans to focus on investing in companies developing smaller, onshore, wind energy projects, here's a quick summary of what they do http://www.bestinvest.co.uk/vcts/FMPro?-db=webprices.fp5&;-lay=allfields&-format=vct_detail1.htm&investment_codename==VEN&-find So here's the deal: you pay 100p/share and you claim back 40p from the Inland Revenue, and the IFA (who you bought the shares through) should give you a 2p commission rebate, so, the net purchase price is going to be around 58p You will probably have to wait 3 years beore the 8p/share/year divi kicks in, meanwhile you will have to make do with just 3p divi per share/year (not that much of a hardship). Oh, and another bonus, there is no further tax to pay on the divi (even if you are a higher rate tax payer). However, if you sell the shares within the first 3 years you will have to pay back the 40p/share tax rebate. The shares in many (but not all) VCTs can be fairly illiquid and they can trade at a fairly deep discount to NAV, however, I suspect that Ventus will be one of the exceptions, that's if they deliver on the 8p per share divi. If they do deliver that sort of divi, then I would expect the shares to trade at considerable higher than 100p/share. I'm in for 17K shares and I may buy a few more before the offer ends (May 31st 2005). The company is raising £25M and they are currently just over half way to the target. For more info, visit the Ventus web site http://www.ventusvct.co.uk/ If you want to invest, I would suggest you use either Bestinvest, British Taxpayers or Allenbridge (to process your application), all of whom will offer you a nice big commission rebate, Bestinvest are currently the most generous. http://www.bestinvest.co.uk/ http://www.britishtaxpayers.co.uk/index.asp http://www.taxshelterreport.co.uk/ ############################################################################# Links to recent articles, events and bulletin board threads: Ventus and Ventus 2 AGM reports (July 2013): http://boards.fool.co.uk/ventus-ventus2-agms-2013-12854260.aspx?sort=whole#12860246 Greencoat UK Wind thread: http://uk.advfn.com/cmn/fbb/thread.php3?id=29429112 Renewables Infrastructure Group thread: http://uk.advfn.com/cmn/fbb/thread.php3?id=30176547 Investors Chronicle article: Renewable Energy ITs (July 2013): http://www.investorschronicle.co.uk/2013/07/31/funds-and-etfs/the-big-theme/renewables-its-target-attractive-yields-EwbgJHQaZx593GcKbu1zJK/article.html
Chat Pages: 7  6  5  4  3  2  1
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