Gcp Infrastructure Inves... Investors - GCP

Gcp Infrastructure Inves... Investors - GCP

Best deals to access real time data!
Monthly Subscription
for only
Level 2 Basic
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type
Gcp Infrastructure Investments Limited GCP London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 106.60 01:00:00
Open Price Low Price High Price Close Price Previous Close
more quote information »
Industry Sector

Top Investor Posts

ec2: To expand on my post 256 last week. Despite my patience wearing thin I remain a holder as I think there is opportunity for the share price to be turned around. I don't have a problem with the fund management group as put simply they follow the mandate approved by the NEDs. My beef is with the NEDs. As previously mentioned, I have issues with their high remuneration, lack of skin in the game, and sitting in their roles for too long. The fact that none of the six has any obvious credit/fixed income market experience is also IMO a big drawback. There appears poor strategic decision making when loans have very profitably been repaid early. This repayment of funds appears squandered by chasing yield further up the risk spectrum and into other areas. I would have preferred these funds to have been returned to shareholders either via special div or tender offer. The comparison to the board at SEQI says it all. Just four NEDs, three of whom have credit/fixed income experience, all have skin in the game and total board remuneration is over 40% cheaper. GCP's relative underperformance of the share price/to NAV evidences investors' losing faith. IMO share holder faith would be improved by replacing some of the long term NEDs with new blood with more relevant market expertise and moving away from what on the face of it appears a cosy group of Jersey residents.
epistrophy: Michael Burry (of "The Big Short" fame) has a similar trade on: short TLT, an ETF of long-term US treasuries. This would be feasible as a retail investor, either as an outright short or with options.
swiss paul: GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt is pleased to announce the publication of its investor report, which is available at www.graviscapital.com/funds/gcp-infra/literature The net asset value at 31 March 2021 was, as previously announced, 100.78 pence per ordinary share. At the 31 March 2021: - The Company was exposed to a diversified and partially inflation protected portfolio of 48 investments with an unaudited valuation of £1.0bn; - The portfolio had a weighted average annualised yield of 8.0% and average life of 13 years; - Additional investments of £3.7m had been made in the three months ending on the 31 March 2021, principally by way of an extension to existing loan commitments; and - The Company had secured new revolving credit arrangements totalling £165m. Not stellar!
sharesoc: We are hosting a webinar with GCP Infrastructure Investments on the 18th March which may be of interest to shareholders or potential investors. Philip Kent – Fund Manager will be presenting: hTTps://www.sharesoc.org/events/sharesoc-webinar-with-gcp-infrastructure-investments-gcp-18-march-2021/
stewart64: If I was a new investor at this price I would be filling my boots too, I'm too heavily invested to go further. The downward price momentum seems to be self- fulfilling at the moment. I note on other forums people are capitulating, not because there is any bad news attaching but in the face of the relentless fall. At some stage there will be no sellers left and it should spike back quickly.
redsonning: CWA, you have a sensible strategy. Whilst no one can say where the bottom is, this is beginning to look pretty cheap - unless there is something we don't know about... The concern with GCP is whether it can still generate the necessary yields from its loans into the infrastructure market at a time of such low interest rates. On the other hand some investors are now getting concerned about possible inflationary pressures in due course. So there is a balance of factors being played through. The previous declines in NAV are an indication of the difficulties GCP has had in achieving those yields, and they are the reason that GCP has had to reduce its future dividend target. All interesting stuff - but in summary your starting stake looks reasonably safe, although of course is never going to be spectacular.
apollocreed1: Over the last 2 years there were some large repayments that GCP received (about £300m) so they have the challenge of investing that money. Re power prices, I think they are falling because renewable energy efficiency is improving so although carbon based fuel like Oil is going up, there is competition amongst renewable generators to sell their power for less as their costs come down. Despite these challenges, past experience has shown that when the good infra/renewables trusts trade near to NAV, they have always recovered. It took a brave investor to buy into these when Corbyn was threatening to nationalise them without compensation but those brave souls would have done very well. See: hxxps://citywire.co.uk/investment-trust-insider/news/high-yielding-gcp-infrastructure-looks-for-net-zero-ideas-after-dividend-cut/a1441218
speedsgh: Investment Adviser strategic partnership - HTTPS://www.investegate.co.uk/gcp-infra-inv-ltd--gcp-/rns/investment-adviser-strategic-partnership/202012040700024760H/ GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, notes the press release this morning by its Investment Advisor, Gravis Capital Management Limited ("Gravis"), that Gravis has entered into a strategic partnership with ORIX Corporation ("ORIX") whereby ORIX will acquire a 70% equity stake in the Gravis business*. ORIX is a diversified financial services group. Its asset management operation has grown significantly over recent years and the partnership with Gravis will allow it to expand into the UK infrastructure, debt, renewable energy and property sectors. The board of the Company has been in active discussions with both ORIX and Gravis in relation to this transaction. It is reassured that there will be no changes to the team currently providing services to the Company and that service levels will be uninterrupted by the transaction. It sees as a positive that Gravis will remain independently-managed and will operate under its current brand whilst ORIX's global presence will, over the longer term, provide Gravis's management team with additional experience, expertise and access in areas such as asset sourcing, financing and potential new investors. * The transaction is subject to regulatory approvals and customary conditions to closing.
speedsgh: Don't think there's been any mention of the cut in the dividend target here so just in case anyone wasn't aware... From the interims on 29/5 - HTTPS://www.investegate.co.uk/gcp-infra-inv-ltd--gcp-/rns/half-yearly-report-and-financial-statements-2020/202005290700072950O/ It is central to the Company's investment objective to deliver 'regular, long-term and sustained' dividends to shareholders. In each of the past seven financial years the Company has paid annual dividends of 7.6 pence per share. In light of the factors identified above, and following an extensive review of the sustainability of the Company's dividend, the Directors have determined that it will target2 an annual dividend of 7.0 pence per share with effect from the next financial year commencing on 1 October 2020. In determining this target dividend2, the Directors intend to reflect what they consider to be a sustainable level of dividend distributions, based principally on the forecast interest income accrued by the Company under normal operating conditions. For the avoidance of doubt, it is the Directors current expectation that the Company will pay dividends of 1.9 pence per ordinary share in respect of each of the quarters ended 30 June and 30 September 2020. Further detail of the rationale for the Company's annual dividend target2 can be found below... GCP dividend cut is another lesson for income investors - HTTPS://citywire.co.uk/investment-trust-insider/news/gcp-dividend-cut-is-another-lesson-for-income-investors/a1364997
speedsgh: Covid-19 update - HTTPS://www.investegate.co.uk/gcp-infra-inv-ltd--gcp-/rns/covid-19-update/202003200700068932G/ GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, seeks to provide investors with exposure to a diversified portfolio of UK infrastructure projects, which are by their nature long-term investments. The Directors and the Company's Investment Adviser, Gravis, believe such investments are well placed to weather the uncertainty driven by Covid-19 over the long term. Substantially all of the Company's investments are availability-based infrastructure assets and therefore are not currently expected to be materially impacted by the reduced demand for goods and services that is occurring as a result of restrictions on the movement of people. Any potential impact is likely to be limited to: (i) short-term reductions in asset performance which may result from the reduced availability of personnel responsible for operating, managing or maintaining assets, or spare parts; and (ii) the impact of any short-term reductions to electricity prices. The Investment Adviser does not currently consider these to be material risks to the Company's ability to continue to meet its key long-term objective of providing shareholders with regular, sustained, long-term dividends and the preservation of capital over the long term. At the date of this announcement the Company's investments continue to perform in-line with the Investment Adviser's expectations. A further announcement will be made in due course, if appropriate.
ADVFN Advertorial
Your Recent History
Gcp Infras..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210802 06:11:54