Infrastructure India Share Discussion Threads

[keya5000] 12/12/2016 15:35

Be interesting if that small seller was just that a small seller!

Massive reduction to NAV and with the weaker pound like you say could be a great play back to the low-mid teens from here.

Cannot see much downside risk?

[brwo349] 12/12/2016 14:43

Yes you could buy at the bid price earlier. It's firming up. Now the maxm online quote I get is 20K @ 8.4p. Can't even get a quote for 25K.

[targatarga] 12/12/2016 11:51

Confusing price today, the 30k just traded was a buy!

[brwo349] 12/12/2016 10:13

That's a steep recent drop from 11.75p to 8p but with hardly any trades it could just be someone wanting out at and having to take whatever price they can get.

A director paid 12p in September for 150,000 shares.

[brwo349] 12/12/2016 10:11

They do have 4-5 investments and it is officially an investment trust so it should be safer than a single stock investment. The risk is one investment, DLI, is 75% of the portfolio. Still they sold an investment earlier in the year for £21 million which was close to its expected value which is reassuring.

[praipus] 12/12/2016 10:05

Watching but had/having a nasty experience with HRCO

[brwo349] 12/12/2016 09:50

bid price moving up.

[brwo349] 12/12/2016 09:40

Hmm...

NAV was 48p in March but since then the rupee is up at least 15% against the pound.
All things being equal that would make the NAV now over 55p against only 8.5p to buy.

I know its India but come on!

The interim results are imminent. They were released on the 11th December last year.

An opportunity here?

[luckymouse] 14/9/2016 22:50

interesting point in long term chart - poss demand level here - widening nav gap
news doesn't look great tho

[escapetohome] 09/8/2016 07:59

Company liquidity and financing

At the end of the period, the IIP Group had cash available of GBP5.1million. Post sale of WMP, and as at 30 June 2016, the Group's cash balances were GBP23.9m. IIP's current liquidity position is expected to provide the Group with sufficient cash resources to fund the business until approximately April 2017, when IIP's US$17 million working capital loan comes due. The Board is confident of either refinancing or repaying this loan.

Gopher - positive or negative , could this be reason for the discount, ref: final results

[gopher] 09/8/2015 12:11

Its on a very big discount to NAV does anyone know when these project start generating cash and intentions re dividends

[cyfran101] 21/7/2015 23:38

... and a third

[jhan66] 20/7/2015 11:23

This is starting to look good at last. I was a bit underwhelmed with Director purchase last week but the second buy feels positive.

[jhan66] 15/6/2015 07:52

Sorry, I think SMH issue relates to project debt rather than one-time monsoon damage.
But looks like IIP total exposure is not too great.

[jhan66] 15/6/2015 07:24

An informative Notice today.
Lots of plus points, the only questionable negative relates to SMH. Previously said monsoon damage was well covered by insurance, now they're seeking a fair outcome for shareholders. That shouldn't put too much of a dampener on all those positives.

[m.t.glass] 16/5/2014 13:50

India's election result is generally seen as favouring infrastructure projects. Remains to be seen if it pans out that way when other economic issues have to be addressed. Personally I would choose a project-specific stock such as SPL, now that all planning issues are at long last out of the way and construction has begun.

[showmethehoney] 26/9/2013 08:33

AGM Today

SPECIAL BUSINESS

To consider and, if thought fit, to pass the following resolution which will be proposed as an ordinary resolution:

Resolution 6

That in accordance with Article 154.1 of the Articles of Association, the Company shall cease to continue as constituted and that if the resolution is not passed, a similar resolution be proposed at every fifth annual general meeting hereafter.

Accompanying the Annual Report and Accounts and notice of annual general meeting is a letter setting out the unanimous recommendation from the Board of the Company that shareholders consider voting against Resolution 6 as they consider this is in the best interests of the Company and its shareholders as a whole.

[showmethehoney] 17/9/2013 14:26

hxxp://12thplan.gov.in/approach.php

[showmethehoney] 25/6/2013 20:05

Financial Update

The board of IIP (the "Board") expects to announce a Net Asset Value per Share of approximately GBP0.77 as at 31 March 2013 (30 September 2012: GBP0.69; 31 March 2012: GBP0.95).

[cyfran101] 20/5/2013 23:16

Seems to be India in general rather than IIP specific..

[rob the slob] 20/5/2013 16:34

Ticking up nicely at last... Someone out there is buying.

[braun65] 30/12/2012 21:27

From 21 Dec:
Infrastructure India plc, an AIM listed infrastructure fund investing directly into assets in India, announces that Sonny Lulla, Chief Executive of the Company, yesterday acquired 25,000 ordinary shares in the Company at a price of 24p per share. Following this purchase, Mr Lulla holds 25,000 ordinary shares, representing 0.01% of the issued share capital of the Company.

From 27 Dec:
Infrastructure India plc, an AIM listed infrastructure fund investing directly into assets in India, announces that Sonny Lulla, Chief Executive of the Company, today acquired 125,000 ordinary shares in the Company at a price of 25p per share. Following this purchase, Mr Lulla holds 350,000 ordinary shares, representing 0.10% of the issued share capital of the Company.

[rob the slob] 30/12/2012 20:42

Thanks Cricklewood......can you CTRL C&V the article please