Hicl Infrastructure Share Discussion Threads

[togglebrush] 27/9/2010 12:25

Tipped again by Questor in the Telegraph

[david77] 24/11/2009 08:33

It's very difficult to prise my wife from her money. She's been earning the princely rate of 0.5% less tax in a bldg soc. These were tipped in last Friday's MoneyWeek quoting the Telegraph. I assured her that they were pretty safe - not likely to lose the lot by the end of next week, and so she bt a few of these today. We'll put them into her ISA for the next tax year - 'cos I've already used her allowance this year.

[muffinhead] 20/11/2009 17:11

hi
I just got a letter and application from Barclays today. Need to contact your broker

[muffinhead] 13/11/2009 13:07

Half year report
"The resulting NAV per share on an IFRS basis at 30 September 2009 is 113.3p (31 March 2009: 111.1p, and 98.4p at 31 March 2006)"

Questor mention

[daveofdevon] 12/11/2009 14:21

SKYSHIP you really should learn how to calculated yield. The two half yearly divis total 6.475p giving a tax paid yield of 5.6%

[daveofdevon] 12/11/2009 10:33

The fund owns assets which have been built for and are rented by the state under the Private Finance Initiative, PFI is another of Mr G. Browns smart alec schemes to own things on Hire Purchase/Lease and leave the next generation with the bill.

The income is thus almost entirely funded by the state and can be regarded as secure. The income is also Index linked so is inflation proof.

If we put the Government backing and the indexation together we have something rather similar to an index linked gilt.

A similar situation exists with Primary Healthcare Properties (PHP) which acts as landlord for doctors surgeries, where once again the contract is backed by the NHS.

I am in both of these, enjoy a secure and rising income and sleep easy at night.

[skyship] 12/11/2009 08:37

HICL - "Our share price in the last six months has traded consistently at a premium to net asset value per share, we believe in part a reflection of our yield prospects and balance sheet stability."

Can't think of a reason to buy/hold this one. They're at a premium to NAV & yield 3%. Sure - an attractive and growing portfolio, but would rather hold genuinely high yielders (MCKS & PSPI) or growing prtfolios at a discount such as CIC.

[cnx] 13/7/2009 20:29

how secure is this income compared with bby and irv