INFINIS ENERGY Share Discussion Threads

[skinny] 29/5/2015 11:58

Finally on the move.

[foot in mouth] 29/5/2015 00:54

If it dips then I shall buy further!! I am sure it will consolidate in the weeks/months ahead. I couldn't find the latest price targets from brokers based on the results.......we shall have to wait the next few days.

[eeza] 28/5/2015 19:57

Very disappointing to finish only just above the low for the day.

Does not auger well.

[stewartf] 28/5/2015 16:49

I find it a bit curious. Anyone buying now (at 180p, currently) and holding until XD on July 9th would get over 6.7% of their money back in August as a dividend. That's quite a return over a couple of months, well over 25% on an annualised basis. Of course the share price might fall to counteract the gain, but the results were in line with expectations and I couldn't see anything in the detail that made me anxious it couldn't be sustained.

[neilyb675] 28/5/2015 14:08

very interesting next couple of months leading up to XD......

[salpara111] 28/5/2015 14:06

Well, they have confirmed the divi so now what?
A 10% divi is ridiculous so either the share price needs to rise at least 50% or the market clearly believes that they are not going to be able to sustain it.

[neilyb675] 28/5/2015 13:41

its a chunky dividend - imo these will be well north of £2 come XD

[m welsh] 28/5/2015 13:17

Thanks for the feedback, that does answer my question

[skinny] 28/5/2015 13:15

Without being pedantic - Its actually any you hold on ex dividend date that qualify.

:-)

[danieldruff2] 28/5/2015 13:13

Yes, any you hold prior to ex dividend date will receive the dividend, regardless of when you bought them. You should see a run up in price in the week they go ex dividend as people buy in for the payout, often happens with shares paying big dividends.

[m welsh] 28/5/2015 13:10

It looks like we will get a dividend of 12.2p per share on 7th Aug. Can anyone confirm, does the Ex dividend date of 9th July mean you qualify for the dividend for all the shares you hold at that date, even if you were to buy today

[danieldruff2] 28/5/2015 08:51

Interview available:



Thought these results were quite good, they look ok for the next couple of years, beyond that is less certain. 10% yield should attract some attention, and looks sustainable for a while.

Plus the language today suggests the Terra Firma situation is nearing its end. I wouldn't rule out a bid coming in and this going private again.

[4seeaproblem] 28/5/2015 07:48

But isn't that right and proper ?. As a NED how could he be independent if he is seeking the best exit for TF.

[adrfoundry] 28/5/2015 07:35

Gruesco "asked" to make a runner by terra firma people

[skinny] 28/5/2015 07:03

Financial and operating highlights

· Revenue of £236.0 million, 1.0% lower than the prior year
Ø LFG revenue and gross profit were 5% higher than last year;
Ø Lower contribution from our Wind business due to lower wind speeds;
Ø Weaker wholesale power prices for assets priced on a day-ahead basis;

· EBITDA before operating exceptional items of £142.8 million was 3.8% lower than the prior year;
· Strategic divestment of our non-core Hydro business for £20.5 million in February 2015, the proceeds of which will be reinvested in our onshore wind pipeline;
· Net debt reduced to £534.7 million and leverage was flat year on year at 3.7x;
· Final dividend declared of 12.2 pence per share, bringing the total dividend for the year to 18.3 pence per share.


Outlook

· Our landfill gas and wind businesses are performing in line with expectations. Due to our contracted position, combined with 50% of expected revenues increasing in line with inflation, we have good visibility of cash generation for the coming year. The increase in the carbon price floor to £18 per tonne of CO2 on 1 April 2015 and the ongoing tightness of the reserve margin during the Winter season are supportive of wholesale power prices for Summer and Winter 2015;
· Our onshore wind capacity growth plans are on track with A'Chruach (43 MW) in full construction. Pre-construction work has begun at Galawhistle (66 MW) with financial close expected shortly. Sisters (8MW) is at advanced stages of contract negotiation. Our IPO commitment to increase operational wind capacity by 130 to 150 MW by March 2017 remains unchanged;
· We have a strong operational platform and a track record of delivery which we believe will allow us to take advantage of opportunities for further growth in the clean and affordable energy space in the future.

more....

[danieldruff2] 27/5/2015 14:15

It's possible the market has got too defensive here on the uncertainty over Terra Firma's intentions and future changes in govt policy - none of which should hit current business performance. Not seen anything yet which suggests they are worth less than the floatation price and broker targets are still around that level. We'll see.
If all looks ok tomorrow then the final dividend will be very chunky.

[salpara111] 27/5/2015 14:10

Ah, I had it marked down as early June so actually pleased to see that one way or the other we get some clarity.

[eeza] 27/5/2015 12:36

Not long to wait.
Results are due tomorrow (thursday 28 May)


Financial calendar
Date Event Download
16 02 2015 Interim Management Statement
28 05 2015 Preliminary full year results
09 07 2015 Ex-dividend date
10 07 2015 Record date
16 07 2015 Annual General Meeting
07 08 2015 Final dividend payment date
13 08 2015 Interim Management Statement
12 11 2015 Interim results

[salpara111] 27/5/2015 12:29

The only question that needs answering is how do they intend to pay a 10% divi when their total profits wont cover a payout that large never mind covering it the usual 2-3X.
I say this as a pretty big holder who is well underwater and wonders what he was thinking of getting involved in this share!
Results are due soon so hopefully we will get some clarity and with it stabilisation in the share price
If they can sustain the divi then the share price has to rise at least 50% but that appears to be a big "IF"
I will hold for the next results and if they are reassuring I will double up and if not I will take my big loss and move on.

[thewealthofsocrates] 22/5/2015 11:47

Politics & tabloid 'science' has dragged this down.
If you look objectively at wind in the UK, you'll find it's better for the environment, cheaper to set up per potential MW & has a better average yield overall throughout the year in the north.
Infinis needs to change it's strategies to suit the politics. They may not be able to build new onshore farms as easily in the future but they still have options to upgrade their systems with new energy storage technologies to level out the output & expand to offshore with floating wind farms that could generate power in deeper water & conveniently be brought into port for maintenance when required.
With the floating option, wave power generation could be added too.
On the political front there's a new light on the horizon though as Sturgeon demands a veto over UK energy policy which could potentially benefit infinis.
If pressure is applied in the right places, even the Tories could be forced to concede to sensible renewable generation & storage energy policies.

hxxp://tidalenergytoday.com/2015/05/21/video-floating-wind-and-wave-power-generating-platform/

hxxp://www.sourcewire.com/news/87337/uk-can-cut-energy-costs-increase-security-of-supply-and#.VV8C7tVwZDs

[adrfoundry] 22/5/2015 08:52

Reaching new lows. Disappointing.

[thewealthofsocrates] 21/5/2015 10:59

hxxp://www.lulegacy.com/2015/05/14/infinis-energy-plcs-buy-rating-reiterated-at-investec-infi/480861/