Hicl Infrastructure Share Discussion Threads

[williamcooper104] 06/2/2021 12:16

Hard to get a better investment that a vintage PFI contract

[williamcooper104] 06/2/2021 12:16

Interesting that utilities sold of Looks like higher bond yields not impacting infra as expectations of greater cashflow outweighing discount rate increasing

[williamcooper104] 06/2/2021 12:13

GCP seems like a negative one way bet on energy prices now

[chucko1] 05/2/2021 22:50

And no Corbyn repudiation either.

[williamcooper104] 05/2/2021 17:45

The old PFI contracts don't usually have RPI caps on them

[jonwig] 05/2/2021 17:19

BoE is moving towards growth and inflation, away from the idea of NIRP. Will QE be reversed?
HICL's returns are inflation-linked or usage-linked (roads) hence improved outlook.

So look for safe, asset-backed shares with inflation protection?

[panshanger1] 05/2/2021 17:09

Off topic Some of the debt/bond funds had a strong finish I notice tooGABI TFIF NCYF of mine

[chucko1] 05/2/2021 16:59

Very strong day. GCP did not move, but most other stuff did in the infra area. 250 very strong and you do wonder if a wholesale reassessment of UK PLC is in progress.

[williamcooper104] 05/2/2021 16:58

BBGI is up too today - not by as much though

[williamcooper104] 05/2/2021 16:44

Yep - surprised to see this at the top of my daily top risers

[panshanger1] 05/2/2021 15:54

Yes Some interesting moves today amongst the reits and ITsFootsie 250 having a strong day

[skinny] 25/11/2020 09:22

Here's the .

[ec2] 25/11/2020 09:20

Very unhappy with these guys this morning. Contacted them for a link to this morning's 9.30 investor webcast and was advised its for institutional shareholders only. All shareholders in HICL's eyes are obviously not equal. I notice they have reduced their forward guidance on the 2022 div.

[williamcooper104] 17/11/2020 19:16

The movement in hicl today was alarming - given its low volatility - so its useful to be able to confirm that its a market/macro move rather than anything stock specific to worry about - and thus an opportunity to add (and a reminder than if we do get proper inflation then infra/defensive real estate are only partial hedges/better than bonds but still exposed to rising rates)

[williamcooper104] 17/11/2020 19:14

I'm a bit more bearish on GCP as recent NAV write offs on forecast power price movements shows how far up the risk curve they've climbed - in their early days the risk/reward balance lending sub-debt on PFI was amazing - looking to trim exposure to GCP but figured that I may as well hold on basis on general reflation/bull market in 2021 (if that happens of course) HICLs got more demand/risk assets than they used to but it's still (IMO) v low risk

[nerja] 17/11/2020 17:08

Topped up on this Jlen nesf Gcp trig also got some more Cmhy down big nav up, some of these moves beat me so fingers crossed

[steve3sandal] 17/11/2020 16:50

Me too. The Alerts are useful in flagging opportunities that others note, and noise of course. Let’s hope it’s an opportunity but I do know my dividend will creep up a little more.

[williamcooper104] 17/11/2020 16:21

I took a little top up too today

[williamcooper104] 17/11/2020 16:20

Could be that - more economically exposed insurers haven't sold off/not as much today Higher inflation helps but anticipated rises in gilts will not be fully offset by increased inflation Infra is a bond alternative - so long duration bonds are going to sell of on a reflation/recovery

[jonwig] 17/11/2020 14:48

An increase in interest rates means an increase in the discount rate used to value the assets, hence a reduction in NAV.

Is this second vaccine, with optimism that there will be more, and a return to normality, a trigger in expectations for more growth and higher rates?

Just waffling.

[schofip] 17/11/2020 12:40

intertim results coming out on 25th.

[nerja] 17/11/2020 12:16

Tempted to top up but it’s all about timing

[chucko1] 17/11/2020 12:13

I suspect it's a random event rather than anything more sinister. GABI traded at 91 yesterday (I did a few of those) and can repurchase at 87.16 right now.

[nerja] 17/11/2020 12:02

Some large drops going on in infrastructure funds for some reason?