Cordiant Digital Infrast... Share Discussion Threads

[melody9999] 03/1/2025 07:58

Amey, the outsourcing group backed by Lord Hammond, the former chancellor, is plotting a £300m-plus takeover of Telent, the digital infrastructure services group which was once part of Marconi, one of Britain's most famous industrial names.

[wad collector] 17/12/2024 18:06

Blue amongst the red this week , outperforming most of my diving portfolio, even with these small gains. What will happen when the wider market recovers?

[cc2014] 16/12/2024 12:10

It looks to me like someone is happy to pick up any stock they can get below 92p.

Hopefully in due course they will be happy to pay more.

[wad collector] 13/12/2024 18:10

Thanks for the clarification. Hold and prosper?

[houseofpain1] 13/12/2024 15:53

I can't recall another case of a IT manager buying shares in such a sustained and large size. It certainly suggests considerable faith/conviction in the underlying assets and, if that conviction proves correct, you would expect that the share price will eventually catch up. Either way, the alignment here is first rate - now a very sizeable shareholding plus fees charged on lower of market cap or NAV.

On your second para, he's buying them personally. He's chairman of Cordiant Digital Infrastructure Management, the fund's manager, not chairman of the investment trust itself hence it is not a director deal.

[wad collector] 13/12/2024 15:27

That is an impressive record of buying. Don't normally take much notice of director trades as I think there is reasonable evidence that they have little predictive value of subsequent share price performance. However I suspect same is not so true for recurrent big trades. And even more so buying when price has already risen.

I see the RNS calls it an investment manager purchase rather than a director's deal. Is this description because they are regarding him as an investment manager rather than the chairman? ie is this a personal purchase and they have labelled him by his broader occupation, or is he acting on behalf of the company?

[cousinit] 13/12/2024 13:16

CC - Peter Dubens at OCI, maybe?

[cc2014] 13/12/2024 10:08

Steven Marshall in for another million shares on top of the few he bought the other day.

I do not think I can think of another trust where the CEO keeps buying in such size and yet the market rates the shares so lowly.

[wad collector] 12/12/2024 20:59

I was watching a couple of linesman up a mobile tower high up in the hills today , working without gloves as it impairs skill.I thought hats off to those guys , and doubt they were giving much thought to the vagaries of digital infrastructure sp!

[scottishfield] 12/12/2024 15:13

Barclays raises Cordiant Digital Infrastructure target to 117 (112) pence - 'overweight'

[cc2014] 06/12/2024 11:17

The price rise is lovely. 2.1p XD this week and we are well above that now.

[williamcooper104] 06/12/2024 05:00

Ignore HL Just look at the accounts The external management fees are in the normal range

[grahamnash] 05/12/2024 20:10

Looking at buying into CORD as it looks like one for the future. Hargreaves LandsDown gives a management charge of 1% and ongoing charge of 1.18%. Seems high to me. Have I got this right or missed something? Replies welcome. Cheers. GN

[yump] 28/11/2024 11:22

Eh? Careful or we’ll exceed the 5 posts a day limit ;-)

[affemoose] 28/11/2024 10:32

Another set of long waffly posts to bump others commentry off the front page - excellent work.

[probablynotphil] 28/11/2024 09:52

hxxps://www.youtube.com/watch?v=SjF2oDhFFus - Steven Marshal wearing trainers/sneakers with a suite like an absolute boss.

[yump] 28/11/2024 09:19

Relatively little chatter here which is positive. Pretty sure that over the years, advfn chatter level is inversely proportional to share price performance ;-)

[cc2014] 28/11/2024 09:13

It took a bit of time yesterday but the share price has got itself up to 90p and I hope and trust it will continue to push up to close the discount.

100p would still be a discount to NAV of 19.5% so that seems a fair short to medium term target.

I would like to thank Sarassin and whoever else were foolish enough to sell me bundles of shares down in the 60-65p area and also the team at CORD for writing really clear RNS's so I have never been tempted to sell out into the rise.

For once I have nothing to do here. CORD looks like a very well managed growth company and hopefully I can just sit in it for years to come.

[wad collector] 27/11/2024 14:33

Decent Divi at 2.1p too. Total 4.3p this yr has been worth having.

[spectoacc] 27/11/2024 11:52

Fair. DGI9 sufficiently mismanaged to have to sell the best asset to cover expensive debt.

[bagpuss67] 27/11/2024 11:47

Just makes me even more mad about DG9

[yump] 27/11/2024 09:23

Whatever NAV actually measures, its pretty rare for it to be going up for any business at the moment!

[melody9999] 25/11/2024 18:57

251124 Proactive: Jefferies has reiterated its “buy” rating forCordiant Digital Infrastructure Ltd (LSE:CORD), citing confidence in the growth potential of its core assets, Emitel and CRA.

Analysts pointed to the fund’s ability to generate earnings growth through reinvestment of cash flows and favourable shifts in revenue composition, which are expected to contribute to NAV growth over the coming year.

[williamcooper104] 25/11/2024 10:03

That's probably right But if you're in Europe then Eastern Europe is the place to be - and euro rates are going only one way for the time being