Ecofin Global Utilities ... Share Discussion Threads

[tiswas] 28/2/2020 11:01

Thanks to the comments here I sold this at 1.85ish a few days back and looking to get back in again now that the discount has widened.

Sadly it was less than 2% of the remaining portfolio that I mainly held on to!

[spectoacc] 28/2/2020 09:40

Returning to buy territory? Is at least moderately defensive.

[speedsgh] 21/2/2020 08:58

Bit of both. In a similar vein I am looking at UEM as a possibility.

[spangle93] 20/2/2020 17:46

Amazing how the discount has steadily closed over recent months

Have you gone into other similar infrastructure trusts, or branched into other sectors

[spectoacc] 20/2/2020 16:44

Well done - I was out far too soon, having held it variously forever. Have to give them credit where it's due, having been poor performers for years and years, they've massively turned it around now.

[speedsgh] 20/2/2020 16:43

I'm out at 186.95p. It's been on a great run. Decided to bank profit and move elsewhere offering wider discount. Will be happy to re-enter if suitable opportunity arises in future. GLTA who remain.

[18bt] 20/2/2020 09:28

Have top sliced now that the discount has narrowed so much and yield now down to 3.5%. I hope I've left something on the table as regards my remaining holding.

[spectoacc] 28/1/2020 11:29

178p NAV, really impressive, well done those still in.

[speedsgh] 23/1/2020 10:18

A welcome tick up in the quarterly dividend payment to 1.65p (6.60p annualised)...

Dividend Declaration -

[masurenguy] 28/12/2019 10:38

Hi Spangle - and a happy and prosperous new year to you !

[spangle93] 28/12/2019 10:09

Hello Mas - Haven't seen your name for a while - Happy Christmas!

[masurenguy] 28/12/2019 09:28

Friday's closing offer price was at a 3.5% discount to NAV.

[chc15] 20/12/2019 17:38

I don't the discount will widen now, inv trusts have been re rated since the election.

[spectoacc] 20/12/2019 11:48

@robow - no, would want discount to return to nearer historic levels.

[chc15] 20/12/2019 11:46

https://www.trustnet.com/news/7461061/wise-investments-10-trusts-for-income-hungry-investors

[robow] 20/12/2019 10:48

are you back in Specto?

[chc15] 20/12/2019 10:31

Bought 5k this week, just for some infr in my portfolio, has ticked up, hopefully continue in the new year..

[spectoacc] 29/10/2019 17:08

Wow. Ignoring the £'s move, they're continuing to perform well - but bloody hell, had to wait a long time for it!

[masurenguy] 29/10/2019 16:52

Discount to NAV at the close today was circa 5.5%.

[spectoacc] 18/10/2019 16:13

Mustn't deramp it now I'm out... Mustn't deramp it now I'm out...

Can't remember ever seeing the premium this small - NAV fall no fault of EGL's, is suffering with the stronger £.

[speedsgh] 17/10/2019 11:55

New QuotedData research note released today...

Compelling three-year track record -

[spectoacc] 11/10/2019 15:39

Been selling. EGL been a crazy ride for me, since ECWO days. Bought more - a lot more - on the split, sold some on the bounce, bought more lower, didn't sell on the small bounce, sold some way lower, cursed :) But overall been great, had fat divi and now out for tidy gain, just a small number left.

Why sell now? Discount, in a word. NAV been stalling in mid-170s, 174.73 yesterday (ie from day before), 173.92 today (ie yesterday), & will be lower tomorrow (ie today's) due to � bounce on possible Brexit deal. So say 172.5p tomorrow (through no fault of EGL's), and there's my 10p discount as mentioned above.

Hope to be back if/when it widens out again, but good luck all holders.

[spectoacc] 09/10/2019 14:59

NAV - & share price - holding up well. Seems a decent port in current storms, but I'll prob slot a few if it gets to 10p discount. Could reasonably say 75% should be on say 15% discount, 25% on say 10% premium (still less than other Infrastructure trusts), which would make, er...

...Hmmm about £1.60. May slot a few, tho looks well bid.

[spectoacc] 01/10/2019 15:12

Only just got round to his ST piece, was only a short mention at the end (bigger article on CityWire last week). Basically saying 23% of EGL is in renewables, and that renewables ITs trade on an average 14% premium.

Whatever it's now in, and whatever it's doing, it's finally doing alright - NAV has been on a tear.

[cwa1] 01/10/2019 14:37

Sliced a few from the portfolio as well, as mentioned you never go bust by taking a profit. Thought I'd have got better than 163p for them given the current demand but a profit's a profit. Glass raise to Cowie...