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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
  -2.80 -2.59% 105.20 105.20 106.00 108.20 105.20 108.20 1,436,809 16:29:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 3.9 -0.1 - 928

Gcp Infrastructure Inves... Share Discussion Threads

Showing 176 to 200 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
02/3/2021
12:49
6.9% based on 7p per annum
rik shaw
02/3/2021
12:41
What's the yield now post the cut
williamcooper104
02/3/2021
12:28
CWAI've been watching this with a view to a top up and also NESF ( where I am not a holder ) Think the sector generally is out of favour ATM when you look at Infrastructure / renewable funds and I hold a few ! ( for diversification)One thing is clear though the premiums they are trading at are generally at a very attractive level given the dividends on offer
panshanger1
02/3/2021
12:26
Now trading at a very rare discount to last published NAV of 102.7p as at 31/12/20. HTTPS://www.theaic.co.uk/companydata/0P0000PVP0/performance Recent NAV history: 102.71p as at 31/12/20 103.99p as at 30/9/20 107.73p as at 30/6/20 109.83p as at 31/3/20 109.58p as at 31/12/19 111.66p as at 30/9/19 112.54p as at 30/3/19 112.49p as at 28/9/18 112.39p as at 29/3/18 110.57p as at 29/9/17 110.30p as at 31/3/17 109.67p as at 30/9/16 107.68p as at 31/3/16
speedsgh
02/3/2021
12:02
No clue whatsoever if now is the right time. Absolutely no shred whatsoever. But I must, according to your definition, be a total coward! But I am adding slowly having sold out many times as a keen seller dominates the airwaves. With high dividends, this strategy has fared well on this particular stock. Sharesoc have a presentation on GCP in 2 weeks or so. Check it out.
chucko1
02/3/2021
10:59
Morning All I'm not a holder at the moment but getting interested at these levels. Slightly concerned by the near continuous selling and the price drifting off so unremittingly of late... So it's all about greed and fear(of missing out),I suppose. I might take the coward's way out and take a starter holding just now and gently increase it if it falls further :-) Anyone prepared to put their 50p worth as to whether NOW is the time, or it is best to wait until the trend has played out? Interested to hear anyone's take on it
cwa1
25/2/2021
17:23
First time GCP has had 6 consecutive closes under 105p since the initial launch in 2010. Earlier this month we had a run of five and ( surprisingly) just five during the March Covid crash last year.
stewart64
24/2/2021
17:38
Next time we've a Labour government threatening that is the time to worry as outside the EU/EU human rights they could actually do it Last time was a fabulous buy opportunityI'm more comfortable with power price volatility if I'm in the equity, but less amused about it when in debt as the risk is one way Though most of the equity cash return/bulk of the equity NPV happens post year 10-15 of a project, and renewable production cost deflation could well kill those returns (but that's not something to worry about short to medium term)
williamcooper104
24/2/2021
16:45
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
apollocreed1
24/2/2021
15:33
Falling electricity prices could easily have already reversed. Natural gas up 15% the past year - oil much more. Rebound in world economy likely being increasingly a cause of commodity push inflation. Bond yields pretty volatile which may not help but I reckon electricity to be a more important factor at this stage.
chucko1
24/2/2021
08:13
I should add that the price does matter to a certain extent. Anybody that invested in March 2017 at around 130p would be only slightly up with dividends paid away and actually showing a loss had those dividends been reinvested over four years. So that 110% return was all in the initial years and nothing for the last four.
stewart64
24/2/2021
07:13
About 9% of Market cap is direct equity in offshore wind not a loan. As loans terminate I expect they will continue buying part stakes in renewables a' la Trig/ Greencoat. Average return across all investments 8% pa, average length was 14 years ( from memory on length from the recent interview with the CEO posted on here so I might be slightly out ?). I concur with the above posts re. value here. When you get what looks like a mispricing ( we could all be wrong) it makes for interesting times.
stewart64
23/2/2021
20:54
They also took hits to NAV on falling electric prices which suggested that their current loan book is riskier than it used to be
williamcooper104
23/2/2021
18:24
Re GCP Infrastructure, it's a very secure 7% dividend yield at about 1% premium to its 102p NAV. They provide secured loans for renewables (60%) social housing (25%) and Infrastructure like roads (15%). A lot of their income streams are government backed and nearly all inflation linked. They do not have the risk of managing the infrastructure assets-they just collect payments as a secured creditor. They have traded in the past at 120-130p so I think this is a very good price. Price weakness is because they had some loan repayments in December and reinvesting the money is a challenge because so much money is competing for renewables so yields have been pushed down. However GCP is one of the best companies in the sector and the team has more experience than all the new upstarts. Including dividends they've returned 110% over 10 years with very low volatility.
apollocreed1
12/2/2021
16:36
Thanks for that Very informative
panshanger1
12/2/2021
14:13
https://www.google.co.uk/amp/s/www.itinvestor.co.uk/2020/12/hicl-infrastructure-dividend-growth-on-hold/amp/Decent article on HICL
williamcooper104
12/2/2021
12:27
Nav at 102.71 (31/12/20) another 1.2p trim may explain some of the weakness today. Looking like value at this level when other ITs attract a large premium on similar assets.
stewart64
12/2/2021
11:36
HICL and a lot of the energy ( solar wind etc ) trusts have been following a similar pattern Happy to have the diversification myself GLA
panshanger1
12/2/2021
11:34
I can't see any obvious reason for the current weakness and so topped up yesterday at 104.1p.
ec2
12/2/2021
11:08
So what's happening?! - the price is still going down and I'm surprised to see an even bigger fall over the last 2 days in the similar trust, Sequoia Economic Infrastructure.
apollocreed1
10/2/2021
18:05
Indeed post coronavirus spike low this afternoon as previously mentioned( 103.8) matching the low on 21st December 2020. Background to that 21st December close was No Deal Brexit suddenly became the likely outcome and Markets were in turmoil. I bought into GCP back then and have done so again today. Brexit has gone surprisingly well and power prices have firmed strongly. Post ex dividend blues looks like the chief culprit this time.
stewart64
10/2/2021
15:57
I'm 16 minutes in and I need a break - it's pretty dry! Worthwhile, nevertheless.
chucko1
10/2/2021
15:09
From end of Jan, worth a listen: hTtps://quoteddata.com/research/interview-philip-kent-gcp-infrastructure/
rambutan2
10/2/2021
14:30
sent you a private message speeds
donald pond
10/2/2021
14:08
Premium to NAV also getting pretty narrow by historical standards (ignoring initial Covid spike down).
speedsgh
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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