Market's view on Greencoat Renewables
Published on April 2024
- A purchase of 228,000 shares and a sale of 100,000 shares in a single day raised questions among watchers about potential significant movements.
- Queries about why two different trading prices are displayed, 1.19 and approximately 101, indicating confusion or lack of clarity in trading data.
- Positive outlook on investment in Greencoat Renewables highlighted with expectations of a secure dividend and potential for a 20-30% increase in value over the medium term.
- Discussion on the impact of power prices on revenue, with questions about what proportion is fixed and what proportion is dependent on power prices.
- Greencoat Renewables’ stock seen as undervalued compared to UK equivalents, with a stable dividend and stock stability making it attractive.
- The company’s strategy of reducing gearing through placement, which could aid in future plans, is viewed positively.
- Small dividend received, indicating payouts to shareholders.
- Stock perceived as cheap compared to others in the sector, excellent yield considered a strong point.
- Initial investment in the company deemed a good move for long-term secure income.
- Greencoat Renewables PLC listed on AIM and ESM after a €270 million fundraising, highlighting strong market interest and growth potential in Irish wind generation.
- Greencoat Renewables announced a significant raise of €270 million through share issuance, emphasizing strong demand during the book-building process.
- Detailed information about a company in the property sector and motor retailing in China, outlining its investment activities and lack of trading for a specific year.