Good Energy Group PLC is a British energy company based in Chippenham, Wiltshire that generates and purchases renewable electricity, and supplies electricity and gas to homes and businesses throughout the UK. Its CEO is Juliet Davenport.
This would be a great company to add, a green electricity provider - and doubly good if you use them as your electricity provider for inflation-proof investing!!
I’d really love to invest in Good Energy on Freetrade!
Nobody looking at this here?? Unreal…
£32m cash between free cash and restricted deposits… £33m market cap??
ÂŁ248m revenue. Gross profit ÂŁ29.9m. ÂŁ8.1m profit before tax. Pays a divi, no debt to worry about.
Green energy, recently bought heat pump installation business (which will grow- forecast £21bn market size in years to come)…
Also owns Zapmap EV charging business- no growth potential needing explained here.
You can buy it for cash value. That’s nuts!
ZapMap
Considering the above posts, have a listen to last month interview on vox markets, particularly from over 5 minutes onwards
Are people still bullish here?
I wish I knew about good energy 2 months ago. I think there is a bit of more fast grow for the SP but not much.
Congrats and hats off for everyone who owns GOOD.
I have invested in good energy today at ÂŁ0.09 per share, and when I finished and confirmed, the share price was shown ÂŁ1.30
So I could not understand how it happened and why they have jumped up to ÂŁ1.30
Are you sure you have the correct share? GOOD is priced at ÂŁ2.54 just now
“GOOD” price today
Eventually it will shake and go… cash pretty much as market cap, being held back by the 250 vendor placing from February. Once it shakes …
“Cash and cash equivalents of £41.3m (2022: £24.5m)”
Will do well if Labour get in next election imo
Once it’s shaken this seller around 250 things will get interesting… the numbers are good for the market cap. £41 million cash pile.
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decent news for GOOD, considering they do solar, heat pumps and renewable energy for business
you’ll see more and more of these things if or when Labour gets in… you can see where we are heading, GOOD…
Sounds like a general election being called. Probably a Labour win. See above, these policies they’re going to push
interesting comments from Ceo. GOOD that they bought a growing heat pump biz then
Renewable energy all over the news… it don’t matter which party wins, the commitment is already in place. Labour would obviously accelerate it all…
“The Labour leader says he wants to accelerate the transition to renewable power by borrowing £8bn to set up an investment vehicle for green energy projects, which also aims to stimulate private investment.”
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Reported gross profit increased 47.9% to ÂŁ44.2m (2022: ÂŁ29.9m).
Cash and cash equivalents of ÂŁ41.3m (2022: ÂŁ24.5m) reflecting strong profitable performance, but also a ÂŁ9m year on year growth in customer credit balances.
ÂŁ41m cash and ÂŁ48m m/c.
Insane value for a growth business in a hot sector.