Greencoat UK Wind

Voyager2002

Thrugelmir said:

 Covid is having a far greater destructive impact on the broader economy than Brexit ever will. 

I hope you are right but I expect completely the reverse.

Voyager2002

Sue58 said:

Surely, nearly all UK companies will be effected in some way if there is no Brexit trade deal.  I realise Greencoat trade only in the UK, however if the pound sinks and the general economy in the UK suffers then how can Greencoat escape all this?

If for example the motor industry is forced to shut down because it cannot import components then demand for electricity will fall. Things like that are bound to affect Greencoat's revenues.

Moreover, all such revenues are in sterling. If the pound were to fall by a noticeable amount then the dollar value of these revenues and hence profits would be less than that of a similar enterprise operating outside the UK with similar profit margins and so forth.

Thrugelmir

AnotherJoe said:

Thrugelmir said:

123mat123 said:

Bit off topic maybe, apologies
Is there a reason why orsted is not in inrg. Also orsted is not offered by interactive investor...?

It is one of the holdings.
Orsted is a Danish listed company. I've always traded this off book, i.e. through a desk dealer,  rather than through online trades. 

i bought it online with HL . Been a great performer.

As with Vestas Wind. I've traded in and out of Orsted in this past year already.  Moved onto pastures new. In the short term better value elsewhere. Appears to be hot money chasing a select group of companies just because they labelled ESG at the moment. 

Sue58

MPN said:

My father-in-law who has been retired for many years now (he has a financial advisor), has Greencoat and GCP INFRA in his portfolio as satellites. They both have a decent yield/dividend and he believes they also have some decent growth potential. I must admit I had never heard of GCP Infra but having looked at the factsheet it’s seems an interesting investment choice.

Maybe the IFA was influenced by your father in law in regards to his preferences? Although, from my point of view, Wind and Infrastructure funds are not poor satellites if you choose wisely.

MPN

Sue58 said:

MPN said:

My father-in-law who has been retired for many years now (he has a financial advisor), has Greencoat and GCP INFRA in his portfolio as satellites. They both have a decent yield/dividend and he believes they also have some decent growth potential. I must admit I had never heard of GCP Infra but having looked at the factsheet it’s seems an interesting investment choice.

Maybe the IFA was influenced by your father in law in regards to his preferences? Although, from my point of view, Wind and Infrastructure funds are not poor satellites if you choose wisely.

Although GCP Infra has recently announced a cut in their dividend. The yield us now around 6.2% instead of 8%.

Thrugelmir

MPN said:

Sue58 said:

MPN said:

My father-in-law who has been retired for many years now (he has a financial advisor), has Greencoat and GCP INFRA in his portfolio as satellites. They both have a decent yield/dividend and he believes they also have some decent growth potential. I must admit I had never heard of GCP Infra but having looked at the factsheet it’s seems an interesting investment choice.

Maybe the IFA was influenced by your father in law in regards to his preferences? Although, from my point of view, Wind and Infrastructure funds are not poor satellites if you choose wisely.

Although GCP Infra has recently announced a cut in their dividend. The yield us now around 6.2% instead of 8%.

Forecasts for long term electricity UK prices suggest a decline. Hitting assset values as well as dividends. 

macman

Does anyone have a view on SSE plc in this sector, now that they have moved out of the retail energy market?

Thrugelmir

macman said:

Does anyone have a view on SSE plc in this sector, now that they have moved out of the retail energy market?

Well up on it's lows from earlier in the year. I hold SSE as part of my energy portfolio. Though only a small holding. 

NottinghamKnight

macman said:

Does anyone have a view on SSE plc in this sector, now that they have moved out of the retail energy market?

Probably a good thing being out of the retail market and their primary area of operation means they are responsible for a large amount of uk renewables, they are also responsible for transmission as well as distribution unlike the companies in england and wales. The downside is that Ofgem have finally caught onto excess profits being made and drastically reduced the return on equity that will be generated over the next few years, in addition to large debt levels that all the privatised utilities seem to have taken on.