Share Name Share Symbol Market Type Share ISIN Share Description
3i Infrastructure LSE:3IN London Ordinary Share JE00BYR8GK67 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +0.50% 202.90p 203.30p 203.50p 203.90p 201.30p 203.90p 1,173,874 16:35:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 146.3 14.9 13.6 2,082.87

3i Infrastructure Share Discussion Threads

Showing 126 to 150 of 200 messages
Chat Pages: 8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
01/11/2016
00:45
Balfour Beatty paid £61m for 145mw generating capacity at Alkane Plc We've paid £185 for 300mw. There are similarities with Alkane as they basically ran their CMM powered stations as a cash cow and when it was no longer economical to do so they were converted to be powered by gas on a power response basis. Our RNS pretty much says that's what they will do with the LFG sites in flowery management speak. Opportunities in this area. Although we have paid more per MW the electricity prices have firmed up whilst Alkane was sold when prices were weakening. Infinis's MO was using the cash spilling out of the LFG sites to build up a wind portfolio ... until government tightened that sector up. I therefore would not say a value trap but a reasonable purchase of a cash machine.
cyfran101
31/10/2016
10:44
Yes you would hope that it was debt free - surprise 3IN didn't spell that out give Infinis won't have the greatest of reputations as it will still be fresh in some people's minds (thankfully I wasn't a loser at the time). But I am reasonably relaxed about it as market seems to be taking it in its stride
davr0s
31/10/2016
10:40
It sounds like 3IN have bought a good cash generating business at a reasonable price.
n0rbie
31/10/2016
10:22
DavR0s - I would think it was bought debt-free (or they'd have said). I seem to remember some divisions of INFI had decent operational performance, but the whole group was debt-riddled.
jonwig
31/10/2016
10:20
hTTp://www.bloomberg.com/news/articles/2015-10-22/terra-firma-takes-infinis-energy-private-two-years-after-listing "Guy Hands’s buyout firm Terra Firma Capital Partners is to repurchase the shares it doesn’t own in Infinis Energy Plc two years after listing the company in a deal that values the renewable energy generator at about 555 million pounds ($859 million)." £555m down to £185m on a little over 10 months !? A bargain or a value trap?
wirralowl
31/10/2016
10:13
I must admit I wasn't immediately thrilled by the RNS buying what was originally (to me) a failed IPO with all the remaining cash raised in the summer, and I don't believe private equity ever plan to leave anything on the table for the next person so my defence shields were up at the open. Very little detail in the RNS to form a view on whether shareholders have got a deal or been stiffed. But the market seems pretty sanguine about it so I'll keep holding unless the share price starts to slide
davr0s
31/10/2016
08:15
I don't know, rogsim. But that would explain it, perhaps!
jonwig
31/10/2016
07:42
Isn't Monterey a SARL investment vehicle owned by Terra Firma?
rogsim
31/10/2016
07:19
Buys Infinis plc for £185m. I'm a bit confused. "Infinis plc" is a wholly-owned subsidiary of "Infinis Group", which is itself wholly owned by Terra Firms. And yet the original quoted "Infinis Energy" [INFI] was bought in December by Monterey capital. I never held INFI, but remember it was loaded with debt which cused a lot of trouble.
jonwig
27/7/2016
05:39
Some discussion of 3IN in here: Http://citywire.co.uk/money/i-hate-paying-premiums-on-trusts-but-infrastructure-is-worth-it/a934691?ref=citywire-money-latest-news-list
jonwig
07/7/2016
09:14
Hedging doesn't last forever, and if the £ stays weak versus the Euro there should eventually be an uptick in sterling value I would have thought?
stevie blunder
07/7/2016
06:16
Quarterly summary, nothing new: Http://www.investegate.co.uk/3i-infrastructure--3in-/rns/performance-update/201607070700074756D/ Includes: We note the outcome of the UK referendum on EU membership. The assets within the Company's portfolio are largely domestic in the countries in which they are based, and the impact of recent foreign exchange movements were substantially offset by the Company's exchange rate hedging programme. Which suggests no forex winfall.
jonwig
08/6/2016
19:56
Cheers guys..much appreciated 👍🏻👍🏻
0rient
08/6/2016
19:11
The basic entitlement would be satisfied by the issue of 213,558,265 shares (ie. 7/26), and they issued 233,333,333 shares. Hence 19,775,068 additional shares shares were issued, which probably implies a significant scaling back. (I don't know my own result yet.) The RNS says: all applications made pursuant to Open Offer entitlements will be met in full. ... The Company has elected to exercise part of the Additional Issue...
jonwig
08/6/2016
18:37
The open offer was 7 new shares for every 26 existing shares.
888icb
08/6/2016
17:25
Cheers salchow :)Do you know what the basic entitlement was for the existing shareholders? Have tried to find it but unable to..
0rient
08/6/2016
16:40
Orient - don't forget that existing shareholders including institutions would have their basic entitlement satisfied in full. It is only the excess applications that will have been scaled back.
salchow
08/6/2016
16:11
Same here..i applied for 100,000 and received 34,748. Can't say I'm best pleased with that. Hard to imagine that it was 65% over subscribed! Bet the institutions got their full amount. No wonder a decent bounce in the share price today with the small allocations.
0rient
08/6/2016
16:10
Forgive my earlier post - although HL show me with the requested number of shares at full cost, when I spoke to them they told me that was my application and not my allocation - they can't give me the allocation until Friday so I have no idea how many I have which is a shame given today's rise :(
davr0s
08/6/2016
12:32
My wife and I got the same as a percentage i.e. 34.7% of what we applied for in the XS open offer
rik shaw
08/6/2016
09:43
Rather disappointing allocation via Barclays - I got 3474 from a application for 10,000.
huttonr
08/6/2016
08:20
a nice tick up this morning which will put the newly issued shares straight into profit if sustained until Friday.
888icb
08/6/2016
07:26
A great vote of confidence with the over supscription..onwards&upwards㈇7;🏻👍🏻
0rient
07/6/2016
15:25
I applied for 3x allowance and they are showing a full allocation in my PF
davr0s
07/6/2016
15:22
I like these going forward...appear to be a very safe investment offerring decent return to shareholders. I've appled for a decent amount in the capital raising and be interesting to see if i get the full smount. Reckon this will head back towards 180 as soon as the fund raising is complete 👍🏻
0rient
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