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Share Name Share Symbol Market Type Share ISIN Share Description
Gcp Infrastructure Investments Limited 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
  1.40 1.28% 111.00 111.20 111.60 112.00 108.60 108.60 1,138,406 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 73.4 8.6 12.8 976

Gcp Infrastructure Inves... Share Discussion Threads

Showing 126 to 147 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
27/11/2020
18:48
Close to NAV here
panshanger1
27/11/2020
18:01
All of them have been hit recently, today most of all , topped up myself but they are in play, somebody may be dumping under pressure else where, hopefully a slow burning gift, fingers crossed
nerja
27/11/2020
17:34
Some impressive intra-day volatility for sleepy old GCP although this does not seem to be confined purely to this stock. Covering of positions in case of possible Brexit announcement over the weekend?
speedsgh
16/10/2020
20:59
This is concerningWhen I first invested in GCP I called it my mezzanine return gilt stock - in that the risk on PFI sub-debt was minimal/gov backed and the yields were double/high single digit (indeed i got the rating agencies to rate a load of these type of loans as AAA) Renewable debt where it's lent against the ROCs is like PFI sub-debt extremely high quality Where you are taking electricity price risk it's clearly much riskier Will review my holding - it's been, for the risk, a fantastic ride so far - but think I prefer HICL/BBGI (even if HICL is now c70 percent PFI)
williamcooper104
16/10/2020
08:38
Net Asset Value(s) - HTTPS://data.fca.org.uk/artefacts/NSM/RNS/3749829.html GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, announces that as at close of business on 30 September 2020, the unaudited net asset value per Ordinary Share of the Company was 103.99 pence, a decrease of 3.5% on the net asset value per Ordinary Share of 107.73 pence at the end of the previous quarter... ...A number of the Company's investments rely on projected future UK electricity market prices for a proportion of their revenues. Changes in electricity prices may therefore impact on a borrower's ability to service debt or, in cases where the Company has stepped into projects and/or has direct exposure through its investment structure, impact on overall returns. The Company uses a trailing average methodology to calculate power price forecasts, which are based on the last four quarterly power price forecasts provided by its power price consultant. During the quarter ended 30 September 2020, the calculated electricity price forecasts declined on average by a further c.4%, and have declined by more than 15% in total over the twelve months to that date. The impact of changes in electricity forecasts has reduced the Company's net asset value per Ordinary Share at 30 September 2020 by c.2.3 pence. In addition, lower actual and forecast inflation and reduced wind yields on operating wind assets have reduced the Company's net asset value per Ordinary share by a further c.0.9 pence. The overall impact of the above on the valuation of the Company's portfolio, when aggregated with other movements, has resulted in a decrease in its net asset value per Ordinary Share of 3.74 pence over the quarter to 30 September 2020.
speedsgh
26/7/2020
17:09
7p (rebased ) dividend still equals 6% yield Looks much better bet than most equity income funds ATMWill look to add
panshanger1
13/7/2020
14:33
Also this note: hTtps://quoteddata.com/research/gcp-infrastructure-rebased-dividend-2/
rambutan2
13/7/2020
13:22
Happy with this and view it as a bond proxy type Look to add on price weakness
panshanger1
13/7/2020
12:35
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
13/7/2020
11:51
Looking to add GABI too but the spread there is very wide
panshanger1
13/7/2020
11:09
Yes, it fits that bill. Also, a wonderful stock to trade (bid-offer permitting).
chucko1
13/7/2020
07:47
Opened up a small position for income and diversification
panshanger1
24/4/2020
10:31
Dividend declaration hTtps://www.investegate.co.uk/gcp-infra-inv-ltd/gcp/dividend-declaration---scrip-dividend-alternative/202004241116468106K/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=GCP%20Infra%20Inv%20Ltd%20Alert
rik shaw
20/3/2020
07:36
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.
speedsgh
12/2/2020
19:04
If Renewables exposure is the issue here, it's odd that the Renewables shares are close to highs. This one has a lower premium now than those renewable investment trusts, when traditionally it commanded a higher premium. Odd also that we are trading close to annual lows when we have just got the Jeremy Corbyn problem and his successor out of the way for the next five years. The panic looks overdone here, but we will see.
stewart64
12/2/2020
11:08
Some weakness in the share price of late. Don't think there is going to be an imminent cash raise and think the current electricity price concerns are already reflected. There appear to be buyers around the 124p level so I've gone in as well.
ec2
30/1/2020
19:00
Premium isn't so much of a problem with an average loan life of 14 years - it's a problem if all the loans repay early Premium also means that they can raise equity accretively The issue is that 63 percent is renewables and what level of power price falls would cause credit losses When they floated the loans were mainly PFI sub-debt which was virtually risk free - they've climbed the risk curve a lot since then Still it's a very strong management team so happy to hold - but just more cautious whereas before this was a hold and forget stock
williamcooper104
30/1/2020
18:34
Thanks for posting - a solid hold for me although not adding ( with this premium )
panshanger1
30/1/2020
11:35
Have held this since IPO Will read - have had concerns about renewable exposure and extent of power price risk
williamcooper104
30/1/2020
11:15
A long research note commissioned by the company, may be of interest: HTTPS://quoteddata.com/research/gcp-infrastructure-stable-income-uncertain-times-2/
rik shaw
02/11/2018
14:06
Topped up here today at 124.76 in spite of my thoughts back in September. Has been a steady player since the rout back in the spring.
stewart64
23/9/2018
19:41
I'm fearing for Sterling investment trusts tomorrow. Already trimmed on Friday. Almost tempted to lock in gains.
stewart64
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