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Good Energy

March 2024

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • GOOD
  • Price:
  • 300p
January’s suggestion to topslice at 410p was well timed, with the shares having since retraced. This decline was a reaction to news that the government is backtracking on its “boiler tax,” a controversial levy which would have driven up sales of heat pumps, boosting Good Energy’s installation division. Separately, Good Energy has acquired Maidstone-based JPS Renewable Energy, a solar  installation business, and its wholly owned subsidiary, Trust Solar Wholesale, a standalone solar distributor, for £7m upfront (£3.7m cash plus 1.32m new shares) with a further £6.65m based on performance over the next two years. The selling shareholders have since placed 842,000 of the shares received at 250p to raise £2.1m and the remaining 480,000 ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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