Ecofin Global Utilities ... Share Discussion Threads

[spectoacc] 23/8/2017 16:38

Been hoping for a fall to top up, but any "falls" have been on tiny ATs or UTs. Bitten the bullet & bought a load more today - NAV up above 1.48, they finally seem to be consistently performing after a poor start.

[spectoacc] 31/7/2017 16:14

Should be nice tick-up in NAV tomorrow with today's moves in utilities.

[neilyb675] 06/6/2017 17:03

144.38p NAV as at 31st May

[flyfisher] 30/5/2017 10:50

Thank you.

[flagon] 30/5/2017 10:07

Link to research note ->

[flyfisher] 30/5/2017 09:40

Would anyone have a link to the sponsored research that EGL has commissioned.

[neilyb675] 26/5/2017 15:48

A third interim dividend for 2017 of 1.60p will be paid on 31 May, 2017 to shareholders on the register on 5 May, 2017. The ex-dividend date was 4 May, 2017.

[spectoacc] 24/5/2017 12:42

141p NAV, continuing to successfully do what it says on the tin.

[spectoacc] 08/5/2017 11:18

137p NAV, seem to be over their earlier wild gyrations at least.

[spectoacc] 20/4/2017 15:45

137.5p NAV having recently been 142p. Surprises me how volatile it is when they're not that geared.

Then again - as long as they keep paying that divi, I'm not too fussed at either NAV or share* price.


*then how come I look at it daily.

[hpcg] 11/4/2017 13:42

I would quite like them to dump SSE too. I own it personally from privatisation shares and it SCRIPs away in the background. Also whilst there is liquidity with the share buy back it is a good time for an institution to reduce.

[spectoacc] 11/4/2017 08:31

"Tactically, the manager decided to reduce leverage towards the end of the quarter as several holdings had reached fair value."

I'd feel better if they dumped SSE, 2nd largest holding - they even commented about it being a laggard.

[hpcg] 09/4/2017 11:26

I liked March's portfolio update. At last a beat of MSCI and I agree with their pivot to Europe and away from the US. Also leverage is near the bottom of the range at only 3.1%.

[flyfisher] 04/4/2017 16:31

Both OCN and KWE yield 5%.

[orinocor] 04/4/2017 16:19

any other good suggestions for income?

[spectoacc] 30/3/2017 16:25

Bought more today, not convinced seller finally done yet but lack a better home for the money atm. Nice discount, nice yield.

[spectoacc] 23/3/2017 16:58

Barclays Stockbrokers - couldn't make it up.

Who "misplaces" cheques these days? And doesn't fill in a bank mandate?

[jeremyjezza] 23/3/2017 14:33

If anyone is still waiting for their dividend payment through Barclays this was the reply i got in relation to query over another dividen payment from WJG.

I assume EGL is one of the other 2 that have gone missing.

Further to my email of yesterday I can now confirm the following in relation to your correspondence below.

Watkin Jones has been in direct contact with Capita on this matter. The cheque for your dividend payment was sent to Barclays Stockbrokers by Capita on 28 February 2017 but they misplaced it. Capita have now instructed for this original cheque to be cancelled and a new cheque to be reissued as soon as possible; Capita will let Watkin Jones know once it has been posted out to Barclays Stockbrokers.

Capita have advised that they cannot issue by bank transfer this time but can do so in the future. Barclays Stockbrokers have been asked several times to fill in a bank mandate so that they can have future payments sent via CHAPS but still have not done so. You might want to speak with Barclays Stockbrokers directly if payment by CHAPS would be your preferred payment method going forward.

Watkin Jones values its shareholders and has taken this matter very seriously. The Company has been advised that Barclays Stockbrokers have not only lost one of Watkin Jones’ dividend cheque payments but also misplaced two others for other clients.

[spectoacc] 15/3/2017 16:22

FYI

ECOFIN GLOBAL UTILITIES AND INFRASTRUCTURE TRUST PLC (the "Company")
Disclosure of share purchase by Partner of Ecofin Limited
The Company announces that it was informed today by Mr. Matthew Breidert, a Partner of Ecofin Limited, the Investment Manager to the Company, that he bought 18,000 Ordinary shares at a price of 118.50p per share on 15 March 2017.
Following this transaction, Mr. Breidert owns 199,104 Ordinary shares, representing 0.22% of the issued share capital of the Company.

[jeremyjezza] 15/3/2017 09:22

Had a reply from Barclays regarding dividends.

Still liasing with the registrars.They say this,

"This problem will be specific to Barclays and any other brokers who also haven't received their cheques"

It was not so long ago the bank sector wanted to fade out cheques.Ironic that i have just payed a builder over the WWW with an immediate payment.

[speedsgh] 13/3/2017 12:12

Portfolio Update -

The Company announces that its review for the month of February 2017 is now available to view and download on the Company's web-pages at:




Net Asset Value -

The Company announces the unaudited Net Asset Value per ordinary share (inclusive of accumulated income) as at the close of business on 10 March 2017:-

Net Asset Value: 137.72 pence

The Net Asset Value has been calculated based on 91,872,247 ordinary shares in issue as at the above date.

[spectoacc] 13/3/2017 11:17

I always found Barclays dreadful for divi paying, and very hard to speak to (had SIPP with them and they always wanted the details of the trustee, not me, before I could speak to them).

Closed it & moved elsewhere in the end.

[jeremyjezza] 13/3/2017 09:44

Still no dividend through Barclays.Making a mockery of the quarterly payments.
Barclays excuse is they haven't received payment yet.

[speedsgh] 08/3/2017 13:30

Fine by me, just so long as it's unloved for no good reason! :o)

It is gradually creeping back up. Buys were going through sub-115p last week. Latest buys at 118.49p