We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| 3i Infrastructure Plc | 3IN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 2.50 | 0.75% | 338.00 | 16:29:53 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 335.00 | 333.00 | 340.00 | 338.00 | 335.50 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 09/2/2023 11:20 by jonwig Citywire -said 3IN was being opportunisitic and grabbing ‘first-mover advantage’ in the race for investors’ capital at a point when other infrastructure funds were trading at discounts below NAV, preventing share issues. |
Posted at 06/2/2023 07:30 by jonwig Placing at 330p -Aim is to reduce RCF. Target size not revealed. Looks like only professional status investors will be considered, but anyone interested could contact one of the bookrunners and enquire. |
Posted at 10/11/2022 08:18 by jonwig Questor on Tuesday's FY results:We are off to a good start with this trust, tipped here just a month ago at 314p and already 4.8pc higher at 329p. We may have been fortunate with our timing as this trust, like so many income‑produci It reported a 9.3pc total return, on the basis of its net asset value, for the six months to the end of September, which is substantially ahead of its target return of 8pc to 10pc a year. The NAV at the end of the period was 325.8p, compared with 303.3p at the end of March. The interim dividend of 5.575p is 6.7pc higher than the half‑year payment last time and the trust said it was on course to pay 11.15p for the full year, also a 6.7pc rise and expected to be fully covered by earnings. Analysts at Investec, the bank, said: “We believe that 3i Infrastructure gives investors exposure to a high‑quality portfolio of economic infrastructure assets and a management team that can demonstrate a significant depth of resource to originate and manage a portfolio of infrastructure assets. “The portfolio continues to perform strongly and given its positive value correlation to both inflation and power prices, which are expected to remain elevated, we believe the portfolio remains well‑placed to deliver attractive total returns.” Hold. |
Posted at 30/6/2022 19:47 by jonwig New Kepler research: |
Posted at 17/2/2020 12:30 by jonwig rogsim - yes, thank you!(Under media not investors!!) |
Posted at 03/10/2019 09:06 by hirani2 Can ordinary investors apply for the placing shares. |
Posted at 10/6/2019 06:27 by jonwig If you register you can read two free online articles per week. This is one of mine, then:One of the lessons to have emerged from the travails of Neil Woodford’s investment firm is that there are good and bad ways to put together an investment vehicle that takes stakes in unlisted illiquid assets. 3i Infrastructure is a perfect example of one of the good ways. Founded in 2007 by the FTSE 100 private equity investor 3i, it is an investment trust whose brief is to generate capital growth and income for investors over the long term by investing in infrastructure assets, which can range from waste treatment and processing facilities to renewable power developers. The trust is a constituent of the FTSE 250 and 3i both manages the investments and has a 33.35 per cent stake that it is showing no signs whatsoever of wanting to offload. The reason it is the right way to invest in hard-to-trade holdings is that 3i will not become a forced seller of any of its assets if investors turn bearish and sell. This is the underlying problem at Mr Woodford’s equity income fund. Based on its prevailing performance, particularly over the past two years, shareholders in this 3i investment trust have had little reason to head for the exit; the opposite in fact. As an example, over the year to the end of March, 3i Infrastructure improved the net value of its assets by 15.4 per cent, way ahead of its target of between 8 per cent and 10 per cent. It generated a total shareholder return of 33 per cent, against a 1 per cent increase in the wider FTSE 250. The shares have gained 43.6 per cent over the past 24 months and trade at a premium to its net asset value of a very high 19.5 per cent. Several years ago 3i rethought its investment strategy, moving away from stable cashflow generators such as utilities to businesses that, while still cash generative, can be developed operationally, including expanding through acquisitions. While it still buys and sells assets — offloading its stake in the Thameslink rail rolling stock leasing company Cross London Trains for £333 million in February — it has effectively now created its core portfolio of what it sees as long-term growth businesses. It looks good from here. Take the two biggest holdings. Infinis is the UK market leader in generating electricity from landfill gas and coalmine methane. At the forefront of green energy, it plays into the government’s drive for renewables projects and has expansion through M&A built into its strategy. The Wireless Infrastructure Group builds and operates the towers and other equipment that connect networks and communities. It is at the centre of the introduction of 5G connections and, as well as expanding by acquisition, is involved in other projects such as developing networks for driverless car trials. Also among the core nine holdings are ESVAGT, a business based in Denmark that provides emergency response vessels and services for wind farms, and Attero, a company based in the Netherlands that operates waste treatment and processing facilities. This investment trust positively oozes quality. The problem for prospective investors is that this is no secret and the premium rating for the shares, which have risen by nearly 44 per cent in the past two years, is undoubtedly offputting. The asset sales that have helped to deliver its outperformance over the past two years are likely to feature less in the coming years, but there is every reason to expect the core portfolio to deliver solid returns. As well as appreciating, the shares, off 1½p, or 0.5 per cent, at 280½p yesterday, carry a respectable yield of nearly 3.2 per cent. If you own them, don’t let them go easily. ADVICE Hold long term |
Posted at 16/3/2018 11:29 by jonwig I don't think they come under the umbrella of KID requirements:I'd phone 3IN first: Thomas Fodor Investor Relations Director Tel 020 7975 3469 |
Posted at 01/2/2018 06:46 by jonwig Citywire article includes some broker comment:Today the share price held steady at 201p with Iain Scouller, analyst at Stifel Fund, maintaining a ‘buy’ rating and a fair value of 215p, down from 217p previously. He believed nationalisation fears were unjustified, adding: ‘Post the capital distribution we think the shares should trade at the higher end of the range for the listed infrastructure sector, given the “non-dated&rdq Ewan Lovett-Turner of Numis Securities said in the past three years the investment company had successfully rotated its portfolio away from PFI and regulated assets towards more economically exposed sectors such as transport, logistics and communications. ‘While we believe that 3IN has a strong management team, and a portfolio of interesting businesses with attractive growth prospects, the return profile may be more difficult to predict in the event of a recession. Consequently, we believe the shares are less well suited for income seeking investors,’ he said. |
Posted at 31/1/2018 09:44 by jonwig @ winsome - having cash they can't find a use for is a drag on returns, and the argument for returning investors their own money to do with what the please is unanswerable. you could even re-invest it in 3IN, as I did last time.Yes, we do seem to have investments in common. Maybe we're just averse to investing in rubbish! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
