Cordiant Digital Infrast... Share Discussion Threads

[wad collector] 12/6/2023 10:42

Could do with some growth here, but not until by buy limit has been triggered!

[jonwig] 01/6/2023 06:11

Poland acquisition by Emitel -



Illustrates the point that CORD's portfolio companies don't just generate income, they grow as well.

[wad collector] 17/5/2023 20:21

I can't recall seeing such an imbalance on other shares before; today apparently only 230 shares sold and 680,000 bought.

[jonwig] 04/5/2023 17:39

wad - sell and buy are guesses based on mid-price. But maybe, also, there are buy orders being filled but not yet reported. I know as much as you do!

[wad collector] 04/5/2023 15:59

Something odd here, the sells are dwarfing the buys every day , and yet the price isn't falling. What are the MMs doing with all the stock ?
Or am I missing something obvious?

[jonwig] 27/4/2023 15:50

wad - mmm, they're addicted, can't stop.

[wad collector] 27/4/2023 15:31

Special must be good then!
I see someone spends their time ticking you down; someone with time to spare I guess.

[jonwig] 27/4/2023 10:37

wad - it's listed on the Specialist Fund Segment, so ii haven't much choice. (Some brokers won't even carry it.)

[wad collector] 27/4/2023 10:13

My online broker , ii, made me sign a risk awareness for complex financial instruments before would let me trade . Not had that before, can't see I see anything particularly risky about this investment vehicle. Guess it is the new governance world.

[pob69] 31/3/2023 11:37

.Coverage from long term holder.

[jonwig] 21/2/2023 07:16

Expansion at Emitel:



No figures given for possible revenues and profits, though.

[wad collector] 10/2/2023 22:20

That is a double page spread in the print edition with a BUY conclusion @85p , suggests that it is an inflation linked play.FWIW.
I do worry slightly about the governance of IC articles on funds. They have big pockets to splash cash on some advertising and I wonder how independent the journalists are...

[jonwig] 10/2/2023 06:52

Good article, thanks. I think DGI9 has a more pressing problem, managers leaving.

[cyfran101] 09/2/2023 21:46

Looks like the IC view will be favourable:https://www.investorschronicle.co.uk/ideas/2023/02/09/an-infrastructure-trust-with-a-digital-future/

[jonwig] 09/2/2023 07:28

Pretty comprehensive tading update, with the three operating companies going to plan:



Concern about wide discount to NAV (105.5p, end-Sept) hence launching a £20m share buyback. Current 4p dividend has good cover.

[hindsight] 20/1/2023 10:49

Starting to consider investing here. Seems quiet vs DGI9 BB, which is a plus in my book, may partly explain the discount

[jonwig] 02/12/2022 07:13

" following the publication of the Company's interim results for the six months ended 30 September 2022 on 29 November 2022, Steven Marshall, Co-Head and Chairman of Cordiant Digital Infrastructure purchased 709,000 ordinary shares in the capital of the Company at a price of 89.47p per ordinary share.

Following this purchase, Mr Marshall owns a total of 4,000,000 ordinary shares. The number of ordinary shares held by the Investment Manager (either directly or by its staff) now represents 0.72% of the entire issued share capital of the Company. "

[rambutan2] 30/11/2022 01:38

My mistake!

[jonwig] 29/11/2022 07:24

Interim results look pretty good. Concentrated portfolio might be more risky, and Poland might carry risk, but a 19% nav discount looks overdone.

[jonwig] 20/10/2022 06:15

RNS:

Cordiant Digital Infrastructure Limited, an investor in the core digital infrastructure that enables modern communications and the internet, is pleased to confirm that ahead of the half-year closed period and in response to wider market volatility, over recent weeks members of the Board (as previously announced) and individuals within the Investment Manager have purchased a total of 374,539 ordinary shares in the Company at an average price of 89.5pper ordinary share. Following these purchases, the total number of ordinary shares held by members of the Board and the Investment Manager (either directly or by its staff) represents 0.52% of the entire issued share capital of the Company.

[jonwig] 03/10/2022 06:28

It was! NAV was 106.34p on 31/03. Interims were 24 Nov last year.

[rambutan2] 02/10/2022 22:05

Rather a hefty drop.

[jonwig] 22/3/2022 07:10

Trading update:



The acquisitions seem to be making good progess, but the value of the Polish zloty has inevitably suffered. Hedging would work (they are considering it) but costs money.

[sam 4224] 20/12/2021 08:54

First dividend received. Happy days !

[jonwig] 24/11/2021 07:22

Interim results:



Still just the one (big) investment, but more promised. It will be some time before the C shares are merged, I think. But the C shares get a 1.5p dividend, same as ords, despite not having earned it!

EDIT: the company received no cash income during the period, either - it was all revaluation. Presumably the income generated stayed within the Czech operating company.