Cordiant Digital Infrast... Share Discussion Threads

[zeppo] 16/3/2021 19:00

johnyee 7

Struggling to cut and past a chart which anyway shows limited change as yet.

How is the £370 million to be spent. What income will be yielded?

[johnyee 7] 02/3/2021 18:49

Any chance of some charts on here Zeppo?

[zeppo] 19/2/2021 12:49

Hard to know why some are bailing out so soon.

If a holder of more than 5% sells any of their stock: there has to be an RNS.

RNSs show that two 'institutional investors have each put in £37 Million and own 20% of the stock between them.

Some IPOs eg Doc Marten rise on the first day.

Possibly some investors may have been gambling on an early rise and cannot afford to hold their speculative investments.

There are also many bargains around at the moment so some may simply switch.

I await further RNSs especially on what infrastructure has been bought with the £370 million and what that investment will earn for shareholders.

If this company proves to be successful there may be possibly Rights issues in the future to help grow the infrastructure acquisitions.
If that happens they will be discounted and by then we will know whether or not to have confidence in the company.

Dividends have been promised. We can wait a little longer with this.

[sam 4224] 19/2/2021 12:10

Hoping for the best with this but since launch surprised by the number of very large sells . This is my first IPO so not very knowledgeable . Can anyone shed light on the frequent and large sells which is obviously doing the price no good at all ?

[george stobbart] 18/2/2021 12:55

Sarasin & Partners 10%

[zeppo] 18/2/2021 12:13

RNS: Holdings in Company:

Newton Investment Management Limited own 10%

Be interesting to see if there are other institutions or large holders.

[zeppo] 17/2/2021 14:50

Ocorian supports LSE-listed digital fund

Posted: 16/02/2021

Ocorian has supported the launch of Cordiant Digital Infrastructure Fund – said to be Guernsey's first London Stock Exchange-listed fund focused on investing in digital infrastructure assets.

The fund, managed by Canadian asset manager Cordiant Capital, has listed on the Specialist Fund Segment of the London Stock Exchange's Main Market.

It raised £370m from its IPO through the issuing of 370 million shares at 100p each and additional subscription shares to IPO investors that can be held in an ISA.

The £370m fundraise surpassed the initial target of £300m. The listing also makes the fund the first Guernsey-incorporated LSE-listed fund launched in 2021.

Cordiant intends to capitalise on the growth in data consumption and traffic by investing in digital infrastructure assets in the UK, Europe and North America.

Its focus will be on data centres, mobile telecommunications/broadcast towers and fibre-optic network assets. The fund will deploy in the mid-market and is seeking net returns of 9%.

Ocorian has supported Cordiant throughout the IPO process and will provide fund administration, accounting, reporting and regulatory services to the fund, which is registered with the Guernsey Financial Services Commission as a closed-ended collective investment scheme.

[zeppo] 17/2/2021 14:44

RNS at 14.35: Director Shonaid Jemmett-Page has 20000 shares. Plus 2500 Subscription shares.


More RNs s needed plus awareness raising of this company.

Shonaid Jemmett-Page
CHAIRMAN

Shonaid Jemmett-Page is an experienced non-executive director in the energy and financial sectors. Mrs Jemmett-Page spent the first 20 years of her career at KPMG in London and Tokyo, rising to the position of Partner, Financial Services.

[george stobbart] 17/2/2021 13:07

The investment pipeline suggests that they will start investing in the coming months.

The Scandinavian fibre deal seems to be somewhat closer to be announced

[pob69] 17/2/2021 12:57

As always from David Stevenson an interesting article covering CORD (and the forthcoming D9 IPO)

[zeppo] 17/2/2021 12:54

'Benn Mikula, managing partner and co-CEO of Cordiant Capital, added: "This is an exciting time to be investing in digital infrastructure and we look forward to updating you on the first investments in the coming months." '

Coming months? Delay will lead to disappointment in what seemed to ne offered as a dynamic new company.

I am in this for the long term but some weaker holders may have been depending on a price rise on the opening day.

[zeppo] 17/2/2021 12:44

An RNS how the £370m is to be spent to start achieving income and growth is needed

A.S.A.P. - otherwise will drift.

[george stobbart] 17/2/2021 10:50

unbelievable that it has fallen post IPO

[teed6422] 16/2/2021 14:19

Missed the IPO, looking to put some in my ISA .Good luck to all holders

[zeppo] 16/2/2021 08:44

Quiet start.

RNSs awaited.

[george stobbart] 16/2/2021 08:23

CORD should do extremely well similar to other similar listed vehicles in the US (AMT, CCI, DLR, CONE etc)