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GSEO Vh Global Sustainable Energy Opportunities Plc

69.40
0.60 (0.87%)
Last Updated: 13:30:08
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vh Global Sustainable Energy Opportunities Plc LSE:GSEO London Ordinary Share GB00BNKVP754 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.60 0.87% 69.40 237,499 13:30:08
Bid Price Offer Price High Price Low Price Open Price
68.80 69.40 69.40 68.80 68.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty 32.95M 28.2M 0.0670 10.36 291.93M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:48:07 O 34,781 68.9104 GBX

Vh Global Sustainable En... (GSEO) Latest News (1)

Vh Global Sustainable En... (GSEO) Discussions and Chat

Vh Global Sustainable En... Forums and Chat

Date Time Title Posts
05/4/202422:48VH Global Sustain97

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Vh Global Sustainable En... (GSEO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:48:0868.9134,78123,967.73O
12:17:4769.202,8681,984.66O
12:12:3568.91750516.81O
11:48:4269.27787545.14O
11:47:5469.408558.99AT

Vh Global Sustainable En... (GSEO) Top Chat Posts

Top Posts
Posted at 26/4/2024 09:20 by Vh Global Sustainable En... Daily Update
Vh Global Sustainable Energy Opportunities Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker GSEO. The last closing price for Vh Global Sustainable En... was 68.80p.
Vh Global Sustainable En... currently has 420,648,890 shares in issue. The market capitalisation of Vh Global Sustainable En... is £291,930,330.
Vh Global Sustainable En... has a price to earnings ratio (PE ratio) of 10.36.
This morning GSEO shares opened at 68.80p
Posted at 05/4/2024 12:18 by speedsgh
Annual results for the year ended 31 December 2023 -

"The portfolio is now 58% operational and by early 2025, this current portfolio is expected to be fully operational."

"The Board firmly believes the discount to NAV at which GSEO's shares trade materially undervalues the Company... As such, post period end, the Board extended the [buyback] programme by a further £10m to a total of £20m as it believes this to be in the best interest of shareholders whilst also balancing the need to maintain a strong balance sheet. As the interest rate environment becomes clearer and rates start to fall, we expect investor interest to return to the sector, and, specifically to GSEO, due to the strong fundamentals and compelling long-term investment strategy GSEO offers."

"...the Company's pipeline of new opportunities remains robust and is only constrained by its ability to raise further capital to deploy into new investment programmes."

"Based on the underlying free cash flow generation of the portfolio programmes, dividend coverage is expected to be 1.1 to 1.2 times in 2024 rising and strengthening further in subsequent years."
Posted at 27/3/2024 14:36 by thefasttortoise
Hi all

I read the following in the latest Money Makers email update (22/03/2024) regarding WTAN and GSEO:

"Alongside its results, Witan (WTAN) said that it was reviewing its management arrangements as its CEO Andrew Bell plans to retire during the coming year. Witan has been self-managed and used a multi-manager approach since 2004. Gabrielle Boyle has resigned as a director of Witan to avoid any conflicts of interest with her role as Investment Director of Global Equities for Troy Asset Management. Witan currently owns about 6% of Apax Global Alpha (APAX), 13% of VH Global Sustainable Energy Opportunities (GSEO)..."

I wondered if they do appoint a new manager, new direction etc then would WTAN become a large seller of GSEO? I have a small stake already, and am wondering whether to increase or wait.
Posted at 27/3/2024 14:09 by cc2014
Based on how much volume is going through here at 68p today and yesterday someone is having a clear out.

And looking at the some of the other renewable stocks they are having a clear out there too.

It would be nice to think they are close to coming to an end now.

At least whoever has been selling is no longer bashing the share price down and has either finished, decided that 68p is as low as they will go or has or is close to coming to an end.
Posted at 22/2/2024 21:52 by tag57
JL, For energy REITS I am also in JlEN and NESF.
JLEN is similar to GSEO in that its income comes from different types of renewable energy but it UK based.
NESF is mainly solar and mainly UK although it has some investments in Europe, mainly Spain. It’s share price has taken quite a beating but I think that the divi is covered for 2023/24.
Also GCA Infrastructure is another fund I am invested in but you need to DYOR to ensure it suits your requirements and you understand its business model- it has a significant discount to NAV but a covered 10%divi (based on sp)
Posted at 22/2/2024 20:57 by james_leeds
Very good news indeed! Thanks for being there last week @Tag57 - it was good to get some confirmation at the time. I'm curious to know what other REITS the people here are interested in - on my side it's TRIG, ORIT and UKW all of which I've been topping up these last couple of weeks as well as GSEO of course.
Posted at 22/2/2024 07:36 by cc2014
Suspect they hit the share price rose more than x percent in y days rule meaning they were unable to buy more
Posted at 12/2/2024 10:57 by speedsgh
A definite seller out there. Daily blocks of 100,000 75,000 50,000 shares. GSEO is not the most liquid so likely having a disproportionate effect on share price.
Posted at 11/2/2024 14:16 by tag57
NAV @ 30/9/23 105.72p - 3.53p drop in quarter due to 20 year UST rate increase from 4.07% to 4.90% over the quarter. This rate was 4.2% @ 31/12/23 so we should see a reversal of most of that Sep quarter reduction at the end of Dec assuming we see some reduction in discount rates as a result.
We also have a construction project coming on line in Q4 along with a further 2 projects completing in Q1 2024 which should support NAV as the projects transition from being carried and cost to fair value.
With little leverage across the fund, further support to divi cover coming on line and a discount to NAV at 40% I am positive about this fund so will be adding to my position in the coming month or two while down at this price.
Bathcoup - I agree that the share price drop of 45% over the last 20 months has been relentless, but not that unusual vs other renewable energy REITS and could be considered less risky due to their very low leverage, although they do carry more geographical risk.
Looking forward to the Q4 23 update which we should get in the next couple of weeks.
As per usual DYOR.
Posted at 11/2/2024 10:45 by bathcoup
Absolutely relentless (and very disturbing) - despite GSEO buying back 100,000 shares a day
Posted at 08/2/2024 18:19 by tag57
JL, maybe it is that GSEO still have a few projects under construction which adds some risk and doesn’t appear to be liked by the markets. Also renewable energy appears out of favour at this time due to higher central bank interest rates.
Personally I like the GSEO diversification, both geographically and technology. I haven’t checked but recall that several projects are coming on line this quarter which should add to NAV and income/ divi cover.
This is a bit similar to JLEN (without the geographic diversification) with income coming from several renewable themes - their share price has also taken quite a battering although not quite as bad as some of the battery focussed funds such as GRID.
Luckily I do not have a full position in GSEO yet so will take advantage of this lower price to reinvest divis from elsewhere here. I would expect that as interest rates come down over the next couple of years the discount rates used for NAV should get reduced and we should see a bounce which would hopefully also be reflected in the share price
Vh Global Sustainable En... share price data is direct from the London Stock Exchange

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