Funds Insider - Opening the door to funds

Welcome to the Citywire Funds Insider Forums, where members share investment ideas and discuss everything to do with their money.

You'll need to log in or set up an account to start new discussions or reply to existing ones. See you inside!

Notification

Icon
Error
Infrastructure Exposure for 2024-2025
+ Reply to discussion
Options
Hilda Ogden
Posted: 20 February 2025 12:38:41(UTC)
#2297

Joined: 31/07/2023(UTC)
Posts: 892

Thanks: 750 times
Was thanked: 1752 time(s) in 636 post(s)
Big boy;335111 wrote:
Hilda Ogden;335099 wrote:
Announcement from HEIT today about the proposed portfolio sale. Still in negotiations with a preferred bidder. Details to be announced 10th March. At least there's still a deal under discussion. How good a deal is another question.


Thanks for highlighting. With the SP (plus45%) nearly twice 12 months low it would be nice to see just a bit more. Fingers crossed for 10th.

Hmmm. Good news isn't guaranteed, not by any means. In your shoes I would be very tempted to sell half and bank the profit.
Back to top Quote
3 users thanked Hilda Ogden for this post.
Big boy on 20/02/2025(UTC), dlp6666 on 20/02/2025(UTC), Taltunes on 21/02/2025(UTC)
Anthony French
Posted: 20 February 2025 13:53:56(UTC)
#2298

Joined: 09/09/2018(UTC)
Posts: 9,141
Big boy

chazza;289435 wrote:
Big boy;289421 wrote:


TENT showing strength....based on to-days stats they stil lookl like an overweight HOLD


Clearly today's uptick is down to the announcement of the 'orderly realisation of (TENT's) assets'.
Shame I didn't jump on TENT yesterday. It was on my 'due diligence' list but… too late now that it's up 13%?)

Instead, I've been buying HEIT - 18000 shares at 78 to 78.3. Yesterday's announcement by NG should be good for 2-hour duration energy storage operations such as HEIT, currently trading at over 30% discount to NAV and a yield of over 10%

To raise cash, I sold all of small unloved holdings of Haleon (acquired upon demerger from GSK).
Looking at other unloved things to sell, VOD flashes up – but it's now at only half what I sold my last tranche for, so I may stick with the yield and hope you gamblers get lucky. Honestly, BB, surely you can find more promising wagers than VOD???


Chazzza...you are so right so I cut VOD as more sure fired term investment elsewhere. On your excellent nudge I have bought HEIT around your level. The stats to-day look good.


£££££££££££££££


Everything crossed then as u might get back your 78 to 78.3. GL
Back to top Quote
Phil 2
Posted: 21 February 2025 14:31:44(UTC)
#2299

Joined: 20/07/2018(UTC)
Posts: 2,110

Thanks: 9829 times
Was thanked: 4744 time(s) in 1536 post(s)
Positive update from ENRG - 5.8p dividend from a 58p share … even I can work out that yield in my head. News is so positive, that the SP is only slightly down today.

(Alliance News) - VH Global Energy Infrastructure PLC on Friday increased its interim dividend as it reported progress at its UK flexible power project.

The London-based investor in energy infrastructure, formerly known as VH Global Sustainable Energy Opportunities PLC, declared an interim dividend of 1.45 pence per share, up 2.1% from 1.42 pence in the prior quarter.

It said the total dividend for the 2024 financial year is 5.71 pence per share, ahead of the dividend target of 5.68 pence.

The firm said it expects to pay quarterly dividends of 1.45 pence for the 2025 financial year, or a total of 5.80 pence, up 2.1% and in line with its progressive dividend policy.

The company said its 10 megawatt UK flexible power project with carbon capture and re-use reached a "significant milestone" as the first stream of carbon dioxide has been commissioned at the project.

It expects the full plant to be commissioned by the end of the first quarter of 2025.

The company said the carbon capture component of the project will capture and purify carbon dioxide exhaust to a "food-grade standard".

Co-Chief Information Officer of investment manager Victory Hill Capital Partners Richard Lum said: "We are very pleased to have achieved an important milestone in this unique project, with the successful production of first carbon dioxide signalling the late stages of commissioning activities.

"We are confident of the need for the build out of further flexible power and CCR schemes as the demand for firm power created by the increasing predominance of energy intensive AI driven digital infrastructure in the UK will allow investors ample opportunity to generate robust returns whilst making a positive sustainability impact."

Shares in VH Global Energy Infrastructure were down 0.9% to 57.28 pence in London on Friday morning.
Back to top Quote
4 users thanked Phil 2 for this post.
Sheerman on 21/02/2025(UTC), Auric on 22/02/2025(UTC), John Bran on 22/02/2025(UTC), lindsay Morrison2 on 24/02/2025(UTC)
John Bran
Posted: 22 February 2025 10:48:16(UTC)
#2300

Joined: 01/09/2017(UTC)
Posts: 2,137
Deleted
Back to top Quote
 |  Edit by user
John Bran
Posted: 22 February 2025 10:50:01(UTC)
#2301

Joined: 01/09/2017(UTC)
Posts: 2,137
VH Global
10% dividend
Hardly high risk.
Ignore the discount to NAV.
10 year gilt 4.5% obviously classed as zero risk.
In my opinion the market has not got the risk reward balance accurate.
This type of Irrational behaviour can only last so long.
Keynes
"Markets can remain irrational longer than you can remain solvent"
Is not particularly accurate when you are not geared, in fact I can sit on a growing dividend of 10% for longer than the market can stay Irrational.
Back to top Quote
 |  Edit by user
2 users thanked John Bran for this post.
Pre Ka on 22/02/2025(UTC), Mr Bean on 25/02/2025(UTC)
Micawber
Posted: 22 February 2025 13:07:02(UTC)
#2302

Joined: 27/01/2013(UTC)
Posts: 1,974

Thanks: 964 times
Was thanked: 3430 time(s) in 1172 post(s)
John Bran;335375 wrote:
VH Global
10% dividend
Hardly high risk.
Ignore the discount to NAV.
10 year gilt 4.5% obviously classed as zero risk.
In my opinion the market has not got the risk reward balance accurate.
This type of Irrational behaviour can only last so long.
Keynes
"Markets can remain irrational longer than you can remain solvent"
Is not particularly accurate when you are not geared, in fact I can sit on a growing dividend of 10% for longer than the market can stay Irrational.


Well... when you get past the huge amount of fluff in the most recent (interim) report the CONDENSED STATEMENT OF COMPREHENSIVE INCOME For the period 1 January 2024 to 30 June 2024 shows an enterprise in decline. With the condensed STATEMENT OF FINANCIAL POSITION, assets that are depreciating, the value of which is difficult to assess. And which would depend on buyers materialising.

Looking forward, there are questions over energy prices and competition from non-renewable sources in the light of Trump focus on oil, and especially if a ceasefire in Ukraine leads to relaxation of sanctions on Russian exports.

Dividend cover is 1.1% and there's not much scope for renewing / replacing / adding to the existing wasting assets. Suggesting that they either have to cut the divi or borrow money in future? Or simply continue with the pf until the end, presumably with increasing maintenance costs as assets age?

All of which might account for rational investors quitting the scene?
Back to top Quote
 |  Edit by user
4 users thanked Micawber for this post.
Pre Ka on 22/02/2025(UTC), Big boy on 22/02/2025(UTC), Thrugelmir on 22/02/2025(UTC), Guest on 22/02/2025(UTC)
Thrugelmir
Posted: 22 February 2025 14:15:44(UTC)
#2304

Joined: 01/06/2012(UTC)
Posts: 5,332

Thanks: 3258 times
Was thanked: 7895 time(s) in 3270 post(s)
Micawber;335408 wrote:


All of which might account for rational investors quitting the scene?


Purely observations.

One of the few Investment Companies in the sector with zero gearing.

Has assets in the course of construction and commissioning.


While not a "bull" with regards to the sector currently. I'm not adverse to buying this particular stock on price weakness. Better equipped to ride out the current malaise than some other stocks.
Back to top Quote
4 users thanked Thrugelmir for this post.
Pre Ka on 22/02/2025(UTC), Auric on 23/02/2025(UTC), John Bran on 24/02/2025(UTC), lindsay Morrison2 on 24/02/2025(UTC)
Big boy
Posted: 22 February 2025 19:21:06(UTC)
#2303

Joined: 20/01/2015(UTC)
Posts: 6,685
Micawber;335408 wrote:
John Bran;335375 wrote:
VH Global
10% dividend
Hardly high risk.
Ignore the discount to NAV.
10 year gilt 4.5% obviously classed as zero risk.
In my opinion the market has not got the risk reward balance accurate.
This type of Irrational behaviour can only last so long.
Keynes
"Markets can remain irrational longer than you can remain solvent"
Is not particularly accurate when you are not geared, in fact I can sit on a growing dividend of 10% for longer than the market can stay Irrational.


Well... when you get past the huge amount of fluff in the most recent (interim) report the CONDENSED STATEMENT OF COMPREHENSIVE INCOME For the period 1 January 2024 to 30 June 2024 shows an enterprise in decline. With the condensed STATEMENT OF FINANCIAL POSITION, assets that are depreciating, the value of which is difficult to assess. And which would depend on buyers materialising.

Looking forward, there are questions over energy prices and competition from non-renewable sources in the light of Trump focus on oil, and especially if a ceasefire in Ukraine leads to relaxation of sanctions on Russian exports.

Dividend cover is 1.1% and there's not much scope for renewing / replacing / adding to the existing wasting assets. Suggesting that they either have to cut the divi or borrow money in future? Or simply continue with the pf until the end, presumably with increasing maintenance costs as assets age?

All of which might account for rational investors quitting the scene?


I tend to steer away from “rational” investors as they tend to be behind the curve.
Back to top Quote
Phil 2
Posted: 24 February 2025 07:15:27(UTC)
#2305

Joined: 20/07/2018(UTC)
Posts: 2,110

Thanks: 9829 times
Was thanked: 4744 time(s) in 1536 post(s)

OCTOPUS RENEWABLES INFRASTRUCTURE TRUST PLC
Irrevocable Share Repurchase Programme

AI Summary
The company has appointed Peel Hunt LLP to manage an irrevocable program to buy back ordinary shares within specified parameters, starting today and running until the publication of the Company's Annual Report and Accounts for the twelve months ended 31 December 2024.

Any shares purchased will be held in treasury and will count towards the Company's general buyback authority of 14.99% of the issued ordinary share capital, approved at the last AGM.
Back to top Quote
3 users thanked Phil 2 for this post.
what me worry? on 24/02/2025(UTC), lindsay Morrison2 on 24/02/2025(UTC), Auric on 24/02/2025(UTC)
Phil 2
Posted: 24 February 2025 07:27:51(UTC)
#2306

Joined: 20/07/2018(UTC)
Posts: 2,110

Thanks: 9829 times
Was thanked: 4744 time(s) in 1536 post(s)
GSF are delivering everything promised - so maybe the SP will only go down just very slightly today for once? 🤨 The ITC filing is obviously very important but I’ve not heard any reason why their US assets won’t fully qualify and the credits should be able to be sold on to a US concern.

GORE STREET ENERGY STORAGE FUND PLC
Assets Energised and ITC Update

AI Summary
Gore Street Energy Storage Fund plc has successfully energised its remaining construction assets, bringing total capacity to 753.4 MW / 924.1 MWh, marking a 79% increase. The new assets include "Dogfish" (75 MW) and "Enderby" (57 MW).

All assets are expected to generate revenue by June 2025.

The company is also preparing to file for Investment Tax Credits (ITCs) and is exploring options for ITC proceeds, focusing on enhancing shareholder value.

The fund emphasizes a diversified portfolio strategy in various markets while managing sector challenges.
Back to top Quote
4 users thanked Phil 2 for this post.
Johan De Silva on 24/02/2025(UTC), Big boy on 24/02/2025(UTC), what me worry? on 24/02/2025(UTC), lindsay Morrison2 on 24/02/2025(UTC)
233 Pages«Previous page224225226227228Next page»
+ Reply to discussion

Markets

Other markets