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Share Name Share Symbol Market Type Share ISIN Share Description
Ecofin Global Utilities And Infrastructure Trust Plc LSE:EGL London Ordinary Share GB00BD3V4641 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.50 0.78% 194.50 192.00 196.50 197.00 191.00 191.00 29,018 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 5.8 5.5 35.5 188

Ecofin Global Utilities ... Share Discussion Threads

Showing 76 to 100 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
25/11/2016
12:04
Someone offloaded 20k at 107.5p this morning, 0.5p under the bid on what's already a bit of a spread. Shows how hard shifting BTEM's 2.7m is!
spectoacc
24/11/2016
11:51
EFR certainly showing the Lonestar effect - and to be fair, ECWO was a different beast with its zeros etc.
spectoacc
24/11/2016
11:43
The very dodgy Lonestar investment was a big bit of the NAV so I think a bigger discount was OK then.
orinocor
24/11/2016
11:02
@orinocor - but couldn't you have made exactly the same argument about ECWO?
spectoacc
24/11/2016
10:26
No because if you look at trustnet EGL is one of a very few trusts that trade at >10% discount and yield over 5.5%. A yield of this size and the discount is typically between 0% and 5% or even a premium to NAV, so I think the shares are oversold. You are getting no interest in a bank account so a sizeable NAV discount and a near 6% yield are very attractive. Some very large companies in the portfolio This won't last long and I see the buy price is now over 111p. The discount here should be 5% imo.
orinocor
24/11/2016
08:49
The price is irrelevant...only the discount matters.
konkel
24/11/2016
08:21
Had a quote at 108.7 earlier; still further to fall IMO. Anyone remember the largest discount ECWO traded at?
spectoacc
24/11/2016
08:13
Dropped more than the divi I'm getting a quote to buy at 109.259
orinocor
23/11/2016
09:34
Bought a few more at 111.5p since its been oh, nearly a day since I last bought any. There is still an overhang. Big euro holdings up about 0.4% on average this morning. Citywire gives NAV as 127p Ex quarterly dividend (1.6p) tomorrow
orinocor
22/11/2016
15:56
Have to assume BTEM want out of the remaining 2.7m shares they held at last update; pity EGL NAV tanked too, as would have loved to buy them at 111.5 with NAV still in the mid 130s.
spectoacc
22/11/2016
15:34
If BTEM wanted out why the hell did they not tender their shares for cash. Not that I'm complaining because I managed to tender nearly all of mine for cash only because the likes of BTEM did not.
orinocor
22/11/2016
15:32
OK just did a quick check of the top holdings. Most seem to be well up. Shares are 111.5p to buy, unchanged or even down today. Maybe BTEM still unloading. Top holdings (38%) NextEra Energy Partners (4.9%) + 1.6% EDP Renovaveis (4.4%) +0.4% SSE (4.1%) + 2.02% NextEra Energy (3.8%) +0.2% Algonquin Power and Utilities (3.7%) -0.2% Iberdrola (3.7%) +0.5% Engie (3.6%) +1.1% Enagas (3.5%) +0.3% Innogy (3.4%) +0.0% Veolia Environnement (3.4%) +1.4%
orinocor
22/11/2016
15:25
Fair point. Don't forget the effect of gearing too - is hitting it harder on the way down so the reverse will be true on the way back up. If you think they bond proxy trade isn't over at least..
spectoacc
22/11/2016
15:09
0.075% Rightly or wrongly I'm using SSE as a proxy for EGL - can't be bothered checking the other portfolio holdings.
orinocor
22/11/2016
13:03
What's 1.5% of 5%? ;)
spectoacc
22/11/2016
12:27
picked up a few more at under 112p. Will get the 1.6p quarterly divi at least. Goes ex this week. Yield is 5.7% and discount > 11% SSE is up 1.5% today which is 5% of the portfolio.
orinocor
17/11/2016
16:21
ouch! It looks like the smaller holdings may have been hit harder. This is all Trumps fault.
orinocor
17/11/2016
16:17
Yes and EGL's gearing has rocketed in the past week
jimcar
17/11/2016
16:02
That NAV's terrible, they've been getting a good price!!
spectoacc
17/11/2016
15:14
But still a lot more to go :(
jimcar
17/11/2016
09:44
Avg'd a few, trade not showing, might be too early but got one more avg in me I reckon. Will have to see re NAV - they've an awful lot of holdings.
spectoacc
17/11/2016
09:12
The big European holdings are up again. Around 0.75% on average. Dummy trade showing ask price now 114.75p up a little from yesterdays 113.4p
orinocor
17/11/2016
08:25
@Praipus - hadn't thought of it like that before, I like it!
spectoacc
16/11/2016
13:54
With UTL I was once told (though I ignored the advice) to see the Z's and the ords as a package. That way the discount on the ords is balanced by the premium on the Z's....actually if i'd just bought Z's (UTL's and ECW's) I'd be a rich man........
praipus
16/11/2016
13:23
UTL is certainly complicated. MVI has indeed said no disposals likely for at least 5 years - but there's a 5.8% yield and massive discount. Own a lot fewer SHRS than I did but still like them, for the prefs/ASCI as much as the direct equity exposure Suspect EGL's fall more about the possible end of the bond-like boom, but we'll see. I hold from higher. @Jimcar - you could be right re BTEM reducing, no longer seems to fit their activist approach.
spectoacc
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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