Share Name Share Symbol Market Type Share ISIN Share Description
GCP Infrastructure Investments LSE:GCP London Ordinary Share JE00B6173J15 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.90p +0.72% 126.70p 126.60p 126.70p 126.70p 125.80p 125.80p 931,272 16:35:19
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 54.4 9.0 14.1 1,001.79

GCP Infrastructure Investments Share Discussion Threads

Showing 76 to 99 of 100 messages
Chat Pages: 4  3  2  1
DateSubjectAuthorDiscuss
14/7/2017
16:28
Straight From a Reliable Source - The Times, Business Markets Section. For investors seeking an even more reliable investment, there is GCP Infrastructure Investments. This provides debt to projrcts that have the support of the public sector. This means that in the wildly unlikely event that a project gets into trouble GCP ranks ahead of equity owners in getting their money back. The debt that GCP Infrastructure holds in PPP or PFI projects, clean energy & increasingly in social housing returns 8.7 per cent. Out of this, the fund pays dividends that, at present price, provide a 6 per cent yield. Investors are asked each year to approve a programme of placings that will fund future investment, £260 million or so in the current year. This is efficient because shares can be issued as the money is needed, rather than in one go, which produces 'cash drag' - poor returns from keeping it in the bank. Yesterday the first £50 million was issued from the present programme. The shares at £126p, have kept pace with those other infrastructure funds. For the ultra-cautious investors, GCP is as good as it gets.
bothdavis
10/7/2017
08:06
I see that the Board are doing a placing again. This time a 3p discount for their city chums and they have to settle by the 18th July so that they can qualify for another 1.9p subsidy (sorry, ex-dividend date).Pigs & trough come to mind.
warrior boy
01/6/2017
14:32
Whilst it has pulled back a bit in the last few weeks, GCP is still trading at just under 14% premium to NAV... Ian Cowie: the infrastructure party is getting out of hand - HTTP://citywire.co.uk/investment-trust-insider/news/ian-cowie-the-infrastructure-party-is-getting-out-of-hand/a1021308
speedsgh
01/6/2017
11:39
Ah yes I see tomorrow's placing is associated with the scrip. It's on my watch list but I'm not following it closely enough! Looks a solid 6% DY but I'm not sure how much is 'floating rate' - they do state the fund 'offers partial inflation protection'.
dendria
01/6/2017
10:22
Hi Dendria,Thanks for the reply.The 480,000 shares you refer to are the Scrip Dividend shares. So, rather than paying out the divvy in cash, some shareholders elect to take physical shares in lieu of the cash. This happens every quarter and doesn't (and shouldn't) have any dilutive effect on the share price At the present share price of 125.3p the divvy is just over 6%.Might have to wait a few more days to see if other things are going on.WB
warrior boy
01/6/2017
10:02
They have another 480,949 shares being placed tomorrow (2 Jun 17). Placing programmes always hold back the share price Been on my watch list for some time - might be a good entry point.
dendria
01/6/2017
08:53
SP dropped by over 4p in last 10 days - any ideas why?Still not heard anything about the 215 Million shares that they could place (with institutions at a discount to NAV).Wondering if the 2 events are related?Any thoughts would be appreciated.
warrior boy
11/2/2017
07:55
This one is new to me and was sorely tempted to buy some until I read the rns on the placing programme. It looks like they haven't raised all the funds they intend to yet and given they have form on discounting at a rate greater than the annual divi (so they will possibly/ quite likely do the same) then what's the point of PIs holding these until this programme is complete ?
davr0s
22/11/2016
18:23
Thks warrior
toolsmoker
22/11/2016
09:39
1.9p making 7.6p for year.That's an annual divvy rate of 6.0% based on a buy price of 126.5 earlier this morning.
warrior boy
21/11/2016
16:17
Warrior what divi on 25th ?
toolsmoker
18/11/2016
19:18
I forgot to say that the 6.8% discount is more than the annual yield so it does hurt.WB
warrior boy
18/11/2016
19:14
Totally agree with you, I'd like to get some at a good discount too. The only silver lining is that the share price should be lower than expected when the dividend comes on 25 November. Not much of a silver lining I admit.I don't like these placings especially at such a large discount.WB
warrior boy
18/11/2016
14:12
How is it right to (effectively) take money from the small investor and give it to institutional investors - without warning - via 'placings'?
stevestallwood
24/6/2016
17:20
A very interesting few weeks has ended with the Brexit vote and the defensive quality of GCP has held up well.Long may it continue.
warrior boy
12/4/2016
12:03
NAV as of 31st March was 107.68, so with a price today @ c.10% premium, you might expect any placing to be around the mid-point of the two, @ c.113p. I'd expect the share price to fall a little towards this on the announcement, but recover once the placing has been completed.
wirralowl
10/4/2016
17:34
I'm a bit out of touch with this, having sold, but - yes - they will place new shares with institutions ("the placing programme") and - no - PIs needn't apply ("disapplication of pre-emption rights"). The fact is, that it's much easier to ring round instis (most of them pension funds and wealth managers in this case) than run the expense of an open offer to all shareholders (needing a prospectus, etc.). CI companies can do this more easily I think. The shares will be placed somewhere between the nav and the current sp, which I presume is trading at a premium.
jonwig
10/4/2016
14:43
An EGM has been called for 14 April and it looks as though the main business is to be the creation of 175 million new shares ... the implication being that there is to be a placement. Does anyone know what this is actually about and what its implications are? I've seen comments (but I may be mistaken) that PIs needn't apply ... implying that its to be a private placement ... but its significant at 1:3 or 1:4 so unless the pricing is handled well there could be quite a dilution effect. Of course if the funds are destined for good projects it could easily be a sign of growth ... So what's the inside track on this one? Mike
mikeindevon
30/6/2015
11:35
Is the dividend likely to grow here at all? I note from the initial Prospectus (2010) that the target was a yield of 8% on the placing price of 100p. That would be 8p. Current dividend is 7.6p.
stemis
15/5/2015
12:37
Added for the dividend yield at £1.13 was not expecting a 5p rise in a week. One of my better buys!
ken298
14/5/2015
11:33
I daresay the death, and presumably previous illness, of a founder-Director Trevor Hunt, reported on 6th May, will have affected recent share-price performance. I am adding today.
asmodeus
13/5/2015
17:01
It will be interesting to see what they invest the £14 million in - may add if in 8%+ range.
ken298
13/5/2015
16:17
Thanks jonwig. I have a small holding and I've been wondering whether to increase it given the drop in price and also the fact it looks like interest rates will remain rock bottom for some time. Makes investments such as these seem an attractive long term bet.
winsome147
13/5/2015
15:06
winsome - new investments - yes, onshore wind is unloved, large-scale solar less in need of subsidy. Small-scale solar might follow - reduced incentive to fit panels; - existing contract terms: as solid as you could want. Future ones might be tighter. See also post #37.
jonwig
Chat Pages: 4  3  2  1
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