Gcp Infrastructure Inves... Share Discussion Threads

[thetrotsky] 09/6/2022 13:27

Not complaining but it's slightly unusual to see this type of daily rise (currently 4.2p; c3.7%). Is there any particular reason? Can't see any specific news but one would assume that the market is anticipating a continuing increase in NAV. We're currently trading at a c3.6% premium to the NAV announced at 31 March (112.75p).

[panshanger1] 09/6/2022 10:37

Nice pop here this morning

[donald pond] 19/5/2022 16:04

Surprised to see this below NAV again. I know we've had the 1.75p divi but think this is a great port in a storm

[donald pond] 03/5/2022 09:59

It's paid to genuine third parties, mainly Mazars. In the scale of the NAV it's about 0.03%, so hardly material But there is no other way to do it really. Each asset is unique and needs an expert to look at it and compare to what they see in the market

[bathcoup] 01/5/2022 18:17

"Valuation agent fees totalled £281,000 for the year ended 30 Sept. 2021 (FY20 £220,000)."

That's quite steep! I understand it's in addition to an investment advisory fee.

[donald pond] 25/4/2022 10:57

Smashing performance given the wider market.

[panshanger1] 21/4/2022 21:51

New 52 week high @ 117.40

[speedsgh] 21/4/2022 11:31

Dividend Declaration & Scrip Dividend Alternative -

GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt is pleased to announce a dividend of 1.75 pence per ordinary share, for the period from 1 January 2022 to 31 March 2022. The dividend will be paid on 7 June 2022 to holders of ordinary shares recorded on the register as at the close of business on 6 May 2022...

[rogerramjett] 14/4/2022 10:56

I'm heavy is NESF and GSF. Don't have enough here but happy to continue building.

[tonytyke2] 14/4/2022 09:07

Snap! I have done exactly the same this morning.

[ec2] 14/4/2022 08:54

Today's 5.2% NAV increase gives a very positive early heads up of what's to come across the whole renewable energy infrastructure space as funds get ready to put out their Q1 numbers. As a result have topped up my NESF today who have come out with an inflation busting proposed div increase this morning.

[speedsgh] 14/4/2022 08:44

Net Asset Value(s) -

GCP Infra, the only UK listed fund focused primarily on investments in UK infrastructure debt, announces that as at close of business on 31 March 2022, the unaudited net asset value per ordinary share of the Company was 112.75 pence (31 December 2021: 107.18 pence), an increase of 5.57 pence per ordinary share. The net asset value takes into account cash, other assets, accrued liabilities and expenses and leverage (if any) of the Company attributable to the ordinary share class.

The continued rise in market electricity prices has resulted in increased actual and forecast cash distributions to the Company from its renewables investment portfolio, contributing c. 4.0 pence per ordinary share to the movement (net of the impact of the Company's hedging arrangements). Higher outturn inflation and updated OBR inflation forecasts have similarly contributed c. 2.0 pence per ordinary share, and a reduction in discount rates has contributed c. 0.4 pence per ordinary share. These movements were partially offset by other downward movements across the portfolio totalling c. 0.9 pence per ordinary share, including a provision for reduced future availability on one of the Company's biomass assets.

The Company is also pleased to announce that it has extended its revolving credit facility ("RCF") commitments as part of diversifying the RCF lending group. The Company has increased the total RCF commitments to GBP190m, from GBP165m previously, and has acceded Mizuho Bank, Ltd. as a lender. The Company expects to benefit from the additional commitment for the purposes of managing the timing of new investments and portfolio repayments and welcomes the addition of another relationship bank to the Company's credit providers. The interest and commitment fees payable under the RCF remain unchanged. At 31 March 2022, GBP156m of the RCF was drawn.

[tonytyke2] 14/4/2022 08:30

500,000 buys in 2 transactions, just gone through.

[tonytyke2] 14/4/2022 08:24

Ok, topped up with the first buy this morning. IMO undervalued compared to other infrastructure funds. Now easily my top holding in this sector. Good luck to all with your investments here.

[donald pond] 14/4/2022 07:22

Thats fantastic news. I used to be a director on GCP and still hold lots of shares. It is really showing its all weather credentials at the moment.

[tonytyke2] 14/4/2022 07:18

Cracking, NAV up to 112.75p, will be looking to add more.

[panshanger1] 13/4/2022 13:32

Been here 6 years !!Just about level But as you say keep drawing the dividend and hold for the diversification I also hold HICL JLEN BSIF and TRIG for the same reason - generally they have performed better in terms of capital application

[apparition1] 13/4/2022 11:04

Hi Panshanger1 I've been in here over 4 years - still 6p under water. But I keep taking that 6% yield and sleep soundly. Relatively safe hold for an old guy especially held in an ISA

[panshanger1] 13/4/2022 09:13

Ditto @113 40

[panshanger1] 01/4/2022 10:11

New 52 week high

[luckymouse] 13/3/2022 15:34

The rising lower indicators suggest a flight to safety & perhaps a gradual return to the 120 area.
Very low volatility relative to the mkt - a positive at the moment. Some headwinds may be holding it back however:

1) Since Jan the main rush of flows were into Energy, Comods & Mining - described here by BERI. So its out of the flows.
2) Junk eft JNK shows the inverse force on NAV in a rising interest enviro. High yield multiplies rates sensitivity.
3) 3IN is an infra leader at a lower yield & less debt orientated

Some factors to consider perhaps - ATB LM


free stock charts from uk.advfn.com

[panshanger1] 11/3/2022 15:01

Another good day - so far !!Does feel that this wants to move higher - close to 52 week high

[williamcooper104] 02/3/2022 19:51

Well falling energy prices aren't exactly a worry now

[badtime] 02/3/2022 17:32

Nice bit of strength

[donald pond] 16/2/2022 12:10

No, I don't understand that. IR has been in his role for longer than some of the voting bodies like but SW is relatively new and is very good. He is also on the board of HVPE and a Blackstone fund I think, but he's not overboarded imo. Quite odd