Infrastructure India Share Discussion Threads

[kenmitch] 21/9/2018 11:48

NAV is a lot less than 28p once allowing for dilution and further fall in the rupee, but is probably north of 10p. Results have clarified a few issues and if funding for DLI works then chance the worst is over. No reason for share to rocket, but there could be very useful upside from current depressed 3p. Guessing realistic NAV is around 12p then 8p share price would still mean share at a 30%+ discount. Worth a punt? I hold a few.

[takethat] 21/9/2018 09:42

Not good those interims.Could be suspension and then administration to follow

[noirua] 19/9/2018 21:36

I get the feeling that IIP are not really unhappy about the sale of Indian Energy falling through. They could issue court proceedings to enforce the agreement but do not appear to be doing so. The DLI agreement brings in US$50 million to cover the US$43.5 million bridging loan and worries about DLI financing should disappear.

It will take awhile for matters to settle down and be settled. Meanwhile my guess is sitting quietly and patiently is the best option.

[wilwak] 18/9/2018 19:01

It’s interesting that last year end IIP was carrying Indian Energy on its balance sheet at a valuation of £10.9m. The sale they agreed that has now failed was at a value of just £4m. 35% of the carrying value.

DLI was being carried at £246m.

[noirua] 18/9/2018 15:01

Quite a lot more anns should be out fairly soon. Should get matters back together again fairly soon.

[honour among thieves] 17/9/2018 19:11

Cudmore

are you moneymunch the scammer?

[cudmore] 17/9/2018 17:10

Someone clearly is stocking these up despite today’s drop. Was able to sell all day yet last week couldn’t. Mm’s games no doubt.

[wilwak] 17/9/2018 17:09

Barclays allow sales of non KIID shares but not purchases.

They clearly haven’t found the IIP KIID yet!

[noirua] 17/9/2018 15:56

ii and Barclays wont buy shares they say: We are unable to trade this security as there is no KID/KIID document available. ii do strangely allow them to be sold.

I thought a KID was available for IIP. Maybe this is out of date:

[wilwak] 17/9/2018 15:26

I can’t buy IIP through Barclays Stockbrokers so I ‘invested̵7; via an IG Index spreadbet instead. Tax free!

[warmsun] 17/9/2018 15:11

My broker managed to get me 50k a little above the Offer....not showing though!

[cudmore] 17/9/2018 14:25

Offering 2.69 to buy my shares back. Clearly orders being filled here. Great top up if you can get any.

[cudmore] 17/9/2018 13:39

Obviously orders still being filled here. Market manipulation yet again.

[cudmore] 17/9/2018 13:38

They still want to buy mine!!

[warmsun] 17/9/2018 13:21

Have just tried to buy 50k and was quoted 3.5p also!!!!

[cudmore] 17/9/2018 12:22

Wilwak

Totally agree. Hardly any volume yet marked down 32%. Funny how they still want to buy my shares!!!

[hvs] 17/9/2018 09:52

Bring out the toilets.

INDIA needs more TOILETS.