INFINIS ENERGY Share Discussion Threads

[eaaxs06] 06/11/2015 11:09

The thing I find strange is that some people actually pay good money to receive advice like that.

[4seeaproblem] 06/11/2015 10:27

Did I miss something ?.Why would this share be recommended when there is a acquisition going through...

Saw this today :

Investec reiterated their buy rating on shares of Infinis Energy PLC (LON:INFI) in a report issued on Monday morning, StockTargetPrices.com reports. They currently have a GBX 250 ($3.86) price objective on the stock.
Infinis Energy PLC (LON:INFI) remained flat at GBX 182.00 during midday trading on Monday. 390,052 shares of the stock traded hands. The stock’s market cap is GBX 546.03 million. Infinis Energy PLC has a 52-week low of GBX 118.19 and a 52-week high of GBX 237.00. The company’s 50 day moving average price is GBX 149.20 and its 200-day moving average price is GBX 162.11.

[11_percent] 04/11/2015 17:12

pro,

Good post,applies to all AIM scam shares.

I amm breaking even, bit ahead because of the divi, but a very bad experience.

The take out has saved me.

Have not been in long enough or deep enough to know if it was a set up from day one.

[prokartace] 04/11/2015 16:40

Infinis,infinis, they've got it infinis!!!

[billywhizz1] 24/10/2015 09:50

Well Topvest, if you are an investor you will know that given a platform we can all pretty well make a plausible argument to suit whatever our point of view is at the time. That's why I always try to stick to actual facts and you will see from my thread that, that is the case. I TRY TO TAKE A VIEW WHICH IN MY OPINION
IS BASED ENTIRELY ON THESE FACTS AS EMOTIVE WHIMS SHOULD NOT INFLUENCE WHAT I WOULD TERM AS BALANCED JUDGEMENT(as opposed to views)

[topvest] 23/10/2015 19:41

Think that's a bit harsh to be honest. They floated with a view to offloading the rest. The share price went into free fall because of market and government changes. they weren't prepared to offload their shares for the prices being offered, so they decided to buy it back again and wait for another opportunity to sell it all. I'm not pleased with this bid, but I think they have cynically taken the opportunity to make a turn. Don't think it was premeditated from the start.

[billywhizz1] 23/10/2015 16:08

Yep 4see, couldn't agree more ! But who's going to bring them to book.
We know it's a scam, but proving it, is nigh-on impossible......I think

[4seeaproblem] 23/10/2015 13:45

Billy

Absolutely bang on....

The issue here is that the "Independent" Directors recommendation. I would certainly question their true independence. As I stated before, the whole Board should consider their position.

Their first and primary responsibility is to deliver shareholder value. Two years after the IPO they have sold out to the majority shareholder at a 30% discount to the price that very same majority shareholder agreed to float on the market.

The Board has singularly failed to represent the interests of all the shareholders. The Independent Directors have failed to be independent and should be investigated to establish if they are indeed fit & proper to be Directors ever again.

In effect a nice 30% short for TF

[billywhizz1] 23/10/2015 12:09

1. Guy Hands (Terra Firma) own Monterey
2. Monterey own 68.50% of Infinis Energy
3. Guy Hands drives the share price down as far as decency will
allow, blaming the UK Government's abolition of the Renewables
State Aid Scheme.
4. Magically and without State aid, the last two big wind farms are easily
financed privately.
5. Almost immediately after the successful conclusion to the above deal, Hands
drops the bombshell.
6. Result... Terra Firma P/E Holding Group effectively own both Infinis and
Monterey, leaving them free, seven months ago, to manipulate the share
price of Infinis to enable them to eventually buy the remaining 31.50%
of the shares through Monterey at the lowest price they can achieve.
In other words they are sweeping up connived and engineered cut-price shares at the expense of the 31.50% of private investors shareholding in the open market.

You may ask yourselves, 'Is this Criminal', the answer is Legally ....NO.
Morally....YES. It would be nice to know whether or not the respective directors
receive any of these shares as bonuses or so called 'performance payments' after the buyout is concluded.
All the above, in my opinion, has, or will, come to pass in due course, UNLESS OF COURSE THE FSA DO THE JOB THEY ARE PAID TO DO AND ROOT OUT ANY POSSIBLE SELF INTEREST MAL-PRACTICE BY THE RESPECTIVE COMPANIES. Keep your fingers crossed.

[zouppy] 22/10/2015 21:01

This is a done deal. Anyone who invested at IPO has been humped by the government and Terra Firma. I feel sore about both but most about Terra Firma who always held all the cards (thereby putting off any bidders) and have no doubt priced this to their advantage. Their reputation ought to be so trashed they can never IPO anything again but sadly city memories are not that long. Mine is though.

[topvest] 22/10/2015 18:36

Yes we have been turned over by Terra Firma and the Government on this one. To be honest the Governments appalling treatment of the renewables industry is primarily to blame. They have made a right pigs ear of their energy policy.

[king1pin2] 22/10/2015 18:10

ok stewart thanks for your well reasoned response that i can understand, I on the other hand bought at the IPO on the thought that it offered good dividends in an area that was growing and green.
I won't be voting yes but no doubt that won't make any difference.

[billywhizz1] 22/10/2015 18:07

'Nice one' StewartF.....SO LETS BAND TOGETHER

[stewartf] 22/10/2015 16:14

Monterey could have offered any price they liked, but they didn't. They offered a price that, in the view of the Independent Directors of Infinis advised by Barclays Bank and RBC Capital Markets, is considered to be fair and reasonable. They need to be mindful that they will need the support of a further 6.5% of the votes in order to achieve the 75% required to make the offer unconditional.

I think there will be quite a few shareholders who will be glad to be able to exit somewhere around breakeven. Up until this morning I thought I was going to be locked into these for years to come if I didn't want to take the loss. Now I've calculated that I will get out in December with a negligible profit of about a hundred quid. So I'm not too disappointed by the announcement.

I also think that current Government policy regarding renewables is largely responsible for the decline in the share price. Announcements by Infinis have warned that there would be a negative impact on profits and that the dividend policy would have to be reviewed. I take that to mean a dividend cut, which income investors like me would have not been happy about.

Of course, if all the small shareholders band together and threaten to reject the offer, they may sweeten it a bit to ensure they do get the 6.5% of acceptances they need. I wouldn't be unhappy about that either.

[king1pin2] 22/10/2015 15:26

I have contacted the FSA today only to be told that terra firm are not regulated but they are looking into my complaint.
Again just to make sure that i have got this right.
Terra firm were the original owners who sold part of there holding as an IPO.
After a period they decided that they wanted to dispose of there holdings in Infinis, causing a large drop in the share price due to uncertainty on the possible price that they would be offered.
Today they decided to retain there shares and they are wanting mine as well at 1.85
and i have no choice ?
So they could have offered any amount ??
Please let me know if i have got this all wrong because i am not happy.

[neilyb675] 22/10/2015 15:13

Glad to of got out for a 2nd time with a small but decent profit. Was a lot down at yesterday close but out today. Glad to be shot in fairness.

[stewartf] 22/10/2015 13:54

They need 75% of the vote for the bid to succeed.

[m welsh] 22/10/2015 11:55

I guess all us small investors rejecting the offer would make no difference !!. Would be nice to see it rejected, only to see if they would increase there offer price

[danieldruff2] 22/10/2015 11:49

It didn't surprise me this was taken off market so quickly, very similar thing happened with Brit Insurance, where the majority of shares were held by one party. In fact I mentioned the possibility of this being another Brit earlier in the thread. Made about 20% on Brit and lost about 2% here, and for that I can thank the government and its attack on renewables. They are the ones who've cost us. Without that a successful bid would have been some way over 220p IMO, or maybe there would have been no bid at all.

[eaaxs06] 22/10/2015 11:28

It’s very good of them to highlight the ‘benefits̵7; of this fantastic 185p offer, especially for us mathematically challenged minions.

i.e. 40% UP on yesterday’s close, 38% up on the last month.

Strange that it fails to mention the nearly 30% DECREASE from the IPO price only 2 years ago.

[skinny] 22/10/2015 11:22

I've also sold this morning - a bad taste all round.

[bit thick] 22/10/2015 10:59

"Robbed" is very tactful, I feel shafted! Have sold today at a loss. No point holding for the divi.