Bond yields and utilities I regard UKW as a utility type company. A fund manager on Bloomberg the other day was saying that if bond yield rise price of utility shares will fall sharply. I do not think bond yields will rise a lot in the next month but after that they may do, so it might be an idea to reduce holding in UKW sooner rather than later.
Re: Another successful share offer And you get a good dividend.
Re: (Must have kept my finger on the key, sorry)
Why does iii list Greencoat along with ordinary and preference shares? Every other source I have checked calls it an investment trust.
Why does iii list Greencoat along with ordinary and preference shares? Every other source I have checked calls it an investment trust.
Classification Why does iii list Greencoat along with ordinary and preference shares? Every other source I have checked calls it an investment trust.
Re: Another successful share offer I bought in this placing and agree well managed and worth holding in these uncertain times
Another successful share offer I only got 74% of the shares I requested at 110. Left me with an odd number of shares so I sold a few at 114.87p this morning to get back to a round number of shares. Made a small profit of 2.25% after dealing costs. Sold XD so will get a bit more back in dividend.The money raised will reduce their debt a lot and mean that lower payments will leave mpre of their profits available to return to share holders as dividends.UKW a very good income share IMO with a reliable cash generation from known predictable tariffs for electricity generated. On average similar amount of wind each year.
Re: Bit of a breeze springing up? Sold today at 115.75xd having bought at start (100)Looking to buy back when more shares issued to reduce premium
Re: Bit of a breeze springing up? I guess that with the yield on bonds falling, along with the interest rate cut, this share may well be more attractive. It's a boring business - you're not going to double your money, but the yield is what sells it.Personally, I wouldn't buy at this level - but happy to hold what I've got.Cheers,
Bit of a breeze springing up? Well up this week despite fair rise since ex divAny ideas?
Re: discount rate for NAV I was talking about the discount rate used by the company to calculate the NAV using discounted cash flow (DCF). Higher discount rate = lower NAV and vice versa.Coldingham is clearly talking about the market price trading at a discount or premium to the NAV.These are two completely different things.
Re: discount rate for NAV sorry, course I meant between 100" and 114%
Re: discount rate for NAV But on a more serious note you will find NAV can vary between virtually 0% (not long ago) and 14% depending on issue of new shares to control discount/premium, brexit etc etcCare in timing of purchases can make big difference to success of investment
Re: discount rate for NAV (Think you'll find working bit is moving at warp factor 9)