Fair play. I sincerely hope it works out for you! Tempting as it is to do likewise, it’s too much of a risk for me. I think big discounts like this can represent a value trap.
I’m adding continually. 11% covered yield and the most geographically diversified of all of the storage trusts.
And me
Of interest
If only i had a bag of cash to add more when it was so low oh well
You and me both, managed to pick up a few bargains in the renewable energy sector over the last couple of months, enough to give me a good base for dividends harvesting but would have been nicer to lock in more of them fat yields.
And dividend declared today.
Well i was going to buy shares but illnwait a few days as sp might drop with new shares being issued… i will have to look today if you can buy nidec on the stock exchange
Dividend policy
· GSF reaffirms its dividend target of 7% of NAV for the fiscal year. It has met its dividend target since listing.
· The Company’s dividend cover has been trending upward and was fully covered in the last reported quarter (September-end 2023).
Revenue generation
· Further to the Company’s update on 10 January (link here), the reported portfolio average revenue across all assets for the fiscal year-to-date stands at £15.1 per MW/hr (H1 & Q3), given its effective diversification strategy.
Liquidity
· The Company maintains a healthy balance sheet with low debt. As previously disclosed, the Company had £66 million in cash or cash equivalents as of 31 December 2023. Of the available $60 million in the Big Rock Facility, approximately $15.8 million had been drawn down as of 31 December 2023, and there were no draws on the Company’s £50 million RCF with Santander.
Portfolio
· The Company’s construction program is progressing per the schedule outlined on page 11 of its Interim Report (link here).
· The Company’s operational fleet is on track to more than double by the end of 2024.
· Based on the build-out schedule, by the end of 2024, the Company’s US assets will account for 55% of total operational capacity, while GB will account for less than 30% on a MWh basis.
Up close to 10% this morning. I expect GORE to trade on a premium to HEIT and GRID permanently going forward.
Never did understand why this stock dropped so much.
Good news but can we keep sp low while i try and build a decent position
Some recent coverage. Librerum are bullish on GSF
Probably arrive today but anyone else got there dividend from gsf !
Not yet.
Looking promising for this fund and HEIT, might add a few more while they are low.
Late even by FT standards this time. Think it was due 12th?
Your right. Probably turn up friday after closing time!!!
Mm still no dividend? Yet i know it got paid into my sipp straight away at H&L.
I see new Reits are only in a genrral account to save the ball ache of claiming tax back! How long before we get notifications reits etc in isa.sipps you wont be able to buy anymore
Anyone chased this with support yet? Really late now.