3i Infrastructure Share Discussion Threads

[jonwig] 10/1/2019 14:30

Latest nav (30/09) was 226.4p, so we're at an 18% premium to that. I'm sure even in headier days, the premium wasn't much bigger.

There may be a performance update at the end of this month.

[jonwig] 07/1/2019 16:34

@ Plasbryn, hawaly - if you mean "What a Peach", I'd agree heartedly.

[hawaly] 07/1/2019 16:27

"Prunus Persica" :🍑🍑🍑🍑
27825;🍑825;🍑 👌 😎

[plasybryn] 07/1/2019 15:53

What a peace of a chart

[jonwig] 08/11/2018 07:24

H1 results:



NAV 226.4p. 7.6% premium not excessive and maybe deserves a bigger one considering the outstanding managemnt here!

[nice_bloke] 05/11/2018 10:20

Results for 6 mnths reported on the 8th Nov.

[chc15] 15/10/2018 16:50

Tip was more for 3i group plc I think , they have Action on portfolio.

[jonwig] 14/10/2018 07:49

Telegraph, buy 3IN:



H1 results due 8 Nov.

[chc15] 20/9/2018 17:45

Decent Director buy of 11k shares today, approaching my 2.50 target. Been a long term hold for me.

[stevie blunder] 30/7/2018 08:53

Ah! that explains it, thanks Jonwig :)

[jonwig] 30/7/2018 08:22

Stevie - they didn't buy it, it was owned by Alkane which was bought by 3IN, so they inherited it.

[stevie blunder] 30/7/2018 07:58

That's a strange one, if I have it right, 3in bought 15% of Egdon in April around 5.8p and has sold out now around 10p.

Nice work if you can get it, but not really their usual modus operandi!

[jonwig] 27/7/2018 16:19

Investment of €220m for 50% stake in Tampnet:



I've no ideas on the value here - perhaps we should trust the company! (Have done so far!)

[energiser01] 05/7/2018 13:12

Headed up again, dyor etc...

[jonwig] 15/5/2018 06:32

Citywire summary:



Caution may explain fairly muted reaction.

[chc15] 13/5/2018 14:27

yeh I bought some in April, how much higher cam these go?, great results, maybe £2.50 soon?

[jonwig] 11/5/2018 07:58

Final results:



It's not often they wax lyrical, but they've allowed themselves this time!
Sizeable dividend increase to 8.65p promised for 2019.
NAV of 211p so premium of just 6%. Should it be more like 10%?

[energiser01] 02/5/2018 15:48

Continuing to tick up nicely, dyor etc....

[chc15] 12/4/2018 12:28

dropped a bit lately, good buyng opp for a first timer?

[jonwig] 12/4/2018 11:08

Bought 40 m shares (15.39%) in Egdon Resources costing about £2.4m.

AIM-listed O&G. Must be something in it - doesn't look promising at first sight:



EDIT: Ah, I see. It's transfer of ownership of the Alkane shares. So not a market purchase right now. Sorry!

[jonwig] 29/3/2018 17:24

@ Huttonr - I suppose 3IN have made a capital gain on some of their investments, hence show a profit in their income statement. In that sense it's a dividend. Had there been a 'return of capital' there would have been a capital reduction exercise; instead they had a share consolidation.

For myself, 'I don't give a damn' as my shares are in an ISA. (Thank goodness!)

[huttonr] 29/3/2018 17:05

Just a question on the 'Special Dividend' - this is called a dividend but it looks like a return of capital - I'm wondering about the treatment for tax - capital gains or dividend - any ideas?

[jonwig] 29/3/2018 07:19

Year end update:



Everything in-line, it seems. Full results 11 May.

[jonwig] 28/3/2018 19:01

@ Davros, Warrior Boy - I think Davr0s is basically correct, but with two caveats in this case.

First, the really big trades were marked 'O' so went through MMs rather than the SETS order book. Second, large trades are usually reported with a delay, so the price probably indicates a buy when prices were lower. (This would explain the rising sp!)

It is absolutely the case that trades are not stamped as buy or sell by the LSE, so any indication is just a guess.

[davr0s] 28/3/2018 18:53

Several things - sells and buys are not necessarily sells and buys. They are guesses. Also for every seller there is a buyer - what's key is that presently buyers are prepared to buy at increasing prices hence price goes up. Volume isn't anything special. I'm a trader these days but if you want a fundamental reason for the rise then look no further than there are less shares so price needs to rise to give the same earnings/share. Long may it continue rising!