Infrastructure India Share Discussion Threads

[tidy 2] 20/8/2018 10:49

Another 300k buy.

[bob1995] 20/8/2018 09:47

Large 8p buy on NEX

[tidy 2] 20/8/2018 09:32

Funding will mostly clear the debt also.

[melody9999] 20/8/2018 09:22

More precisely the £95M will be used as below:

Use US$m
DLI construction and working
capital 75
Group creditors, debt service 43
Group working capital and transaction
costs 7

According to Stockopedia, IIP has a MC of £43M and debt of £22M c US$27M

[tidy 2] 20/8/2018 09:18

Could be but certainly over 10p

[shirley83] 20/8/2018 09:13

What price do you expect witn news tidy.... 30p

[tidy 2] 20/8/2018 09:09

Yep 95m quid not to be sniffed at. Great opp here.

[tidy 2] 20/8/2018 08:55

8p has been paid according to Bloomberg

[cudmore] 20/8/2018 08:53

Great things about to happen here. GLA

[tidy 2] 20/8/2018 08:49

NT to buy.

[tidy 2] 20/8/2018 08:35

95m quid approval by this Friday. Effects of the Proposed FinancingPursuant to the Transaction Documents, an aggregate of up to US$125 million (approximately £95.5 million) before expenses will be conditionally made available to the Group by way of: (i) the issue by DLII of the DLII CPS in an amount of up to US$75 million ("DLII CPS Amount"); and (ii) the sale by IIH of the Sale Shares in DLII for a consideration of US$50 million. Each component of the Proposed Financing is conditional, inter alia, upon Shareholders passing the Resolution to be proposed at the EGM on 24 August 2018.The net proceeds of the Proposed Financing will provide construction and working capital to DLI, will enable the Group to pay down the Bridging Loan (in whole or in part) and, subject to Cedar Valley and GGIC agreement, the Working Capital Loan and will provide additional working capital for the Group.

[tidy 2] 20/8/2018 07:57

Investor approval for 95m is all that is needed here by this Friday and mega boom is in play. Place your chips during the week as it is recommended to be a yes.

[cudmore] 17/8/2018 15:53

Wakey wakey! The share price still drifting around. When will the market wake up to how undervalued these are? Tut tut!!

[reks] 17/8/2018 14:22

tidy yes 10p it north of 7p but nobody is going to hold a company investing in Indian assets at NAV value it will be below that as it has been at 1p when NAV was still 40p

anyway hope you do well just being honest not here to deramp

[hvs] 17/8/2018 14:15

More toilets coming to Incredible INDIA

[tidy 2] 17/8/2018 14:14

Which is north from here I believe. Lol

[reks] 17/8/2018 13:56

but tidy 95m means they give up 80% of an asset valued at 260m NAV ie the NAV after deal will be more like 10p max as the other 2 assets are worth only £20 between them

[tidy 2] 17/8/2018 13:13

Buying opp chaps. 5 trading days to egm and 95m funding deal.

[reks] 17/8/2018 11:41

LOL looks red to me