Greencoat UK 💨 - UKW

Haven’t seen it increase in divs message?
Has it gone up much :thinking:?
Sorry for bad grammar
Predicted text and didn’t have glasses on :rofl::rofl:

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Announcement Wed 30th July.

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It’s tanked today

Anyone know why they announced a buy back yesterday that normally means the prices go up I thought

Good Morning all. Crazy drop this morning! I had a look at the half year results and they weren’t too bad.

Debt is a little high but dividend cover is 1.4 so that’s not too bad. I’m guessing the market didn’t take the sell off off assets too well. The question is what do they do with the funds from the sell off?

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Oh well there you go.

As of today we are at 2,213,526,214 shares. Maybe with additional funds we can get under 2.1 billion

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Well that’s 0.000000005 % increase in share price why not stop the dividend and clear the debt and then focus on growth rather than frittering money away on shareholders for now!!! Includes me and cant believe I’m saying it lol

I guess it depends on the cost of debt. Remember we have a ridiculous tax system in the uk that encourages companies to take on debt (you claim the cost against your tax bill) whereas dividends are paid out of post tax income.

Doesn’t look great does it?

NAV_Factsheet_Jun_2025_vF_2.pdf https://share.google/HtcoOzC7gNPrQVmDI

Everything down, that is a sharp decrease in NAV for 3 months!!!

Appreciate some is the dividend, but look at those power prices.

You can see why TRIG shat the bed aswell.

I just don’t get it. The government are absolutely desperate to appear as green as possible, we are paying record high electricity prices. How are we not making money hand over fist?

Another big buy back today 750k bought back. One of the advantages of a reducing share price