Foresight Vct I Share Discussion Threads

[hazelton] 02/1/2014 08:49

Quite so. I was a bit taken aback that they are going to sell a lot of what they have already bought because of a technicality. It a pity to be that it had to happen at all. The costs must I suppose be paid for by the shareholders in the end. As I am also a F2/3/4 holder and these little 'notes' do worry me. I was hoping for a bit of stability on this one like the solar VCT.

[jonwig] 02/1/2014 07:07

Hi, they've said there has been a problem in securing VCT-qualifying investments at a suitable price, so they will diversify a bit - into solar, I think.
Currently about 65% invested.

It may be that maintaining the dividend will be a problem. VCTs often disguise this by paying out of capital.

(I'm quoting from the recent factsheet covering June - September.)

[hazelton] 01/1/2014 13:23

What do you think of things so far ?

[jonwig] 06/3/2012 09:11

Have I misread it?
Possibly! I see your logic.
Edited but will check.

[dov] 06/3/2012 09:04

exit in 2017 projected to be £1.10 total incl dividends projected £1.30

[jonwig] 06/3/2012 08:45

Projected (not forecast) returns as per prospectus:

April 2012 ... cost ... (67p)
April 2013 ... divi ..... 5p
April 2014 ... divi ..... 5p
April 2015 ... divi ..... 5p
April 2016 ... divi ..... 5p
April 2017 ... exit ... 110p

[jonwig] 02/3/2012 08:05

Not likely to be a busy thread, and holders need a five-year view.

Am keen on infrastructure funds as an investment theme.

[jonwig] 02/3/2012 08:02

Also Foresight Infrastructure VCT 2 [FTNI]. Subscribers at float had to buy both.