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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Infrastructure India Plc | IIP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.02 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.02 | 0.02 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 17/9/2023 08:43 by noirua Noirua - 27 Feb 2020 - 13:16:28 - 1405 of 1416 Infrastructure India (IIP) - IIPSeems a long time since I sold out between 3.5p and 3.85p. It was a profit that was a longtime arriving. News of any substance is quite rare and the coronavirus and troubles in India are a poor backdrop. Not sure when to reenter because others may sell up and drag it down further. ----- The share remains a wild punt and those who run the company an equally wild gamble. If you believe the directors some might say more fool you although the share price does throw up good opportunities to make a buck or two but expect as usual a sleepy ride that suddenly becomes a Bucking Bronco with defensive Market Makers. |
Posted at 31/5/2023 08:03 by dave4545 Hold a few in iii would sell out on a spike, think might get one eventually on a sale of assets. HL do not let anybody play this stock"As announced on 28 February 2022 and periodically thereafter, IIP is engaged in discussions with several third parties (including advanced discussions with Pristine Logistics & Infraprojects Ltd) regarding the potential sale of its largest asset, Distribution Logistics Infrastructure Limited, although no definitive agreements have been signed. The Maturity Extension enables IIP to continue working towards completing a transaction" Market cap is tiny here so if they manage to sell largest asset and cover all debt and even leave a small amount of cash it could still be multiples of market cap so I see no reason to sell at 0.2p so close to zero anyway |
Posted at 09/8/2021 07:46 by tomboyb Very weak RNS -Running out of cash As at 31 July 2021, the IIP Group had unaudited cash and cash equivalents available of $4 million, including certain cash receivables. This amounts to approximately 5-7 months of runway for the Group. The Board is currently evaluating options and is exploring alternative sources of financing with third parties and further announcements will be made as and when appropriate. |
Posted at 23/12/2020 12:36 by dave4545 Thanks trev.Looks like the xmas miracle is coming to iip today. |
Posted at 29/9/2020 13:25 by tomboyb Subject to audit, the board of IIP (the "Board") is currently expecting to announce IIP net asset value per ordinary share of approximately GBP0.19 as at 31 March 2020 and gross Group cash resources as at the same date of GBP38.3 million. |
Posted at 29/9/2020 13:22 by tomboyb TIDMIIP TIDMTTMRNS Number : 4756A Infrastructure India plc 29 September 2020 29 September 2020 Infrastructure India plc ("IIP", the "Company and together with its subsidiaries the "Group") Notice of Results Pre-close Statement Infrastructure India plc, the infrastructure fund investing directly into assets in India, provides the following update ahead of release of the Company's final results for the year ended 31 March 2020 in October 2020. Subject to audit, the board of IIP (the "Board") is currently expecting to announce IIP net asset value per ordinary share of approximately GBP0.19 as at 31 March 2020 and gross Group cash resources as at the same date of GBP38.3 million. Movement in the value of the Company's investments as at 31 March 2020 has been driven by favourable changes in the Indian tax regime and a decrease in the yield of benchmark Indian government 10-year bonds, which serves as the risk-free rate in asset valuations. These positive valuation impacts were offset by a weakening of the Indian Rupee against Sterling towards the end of the period and by revisions, as a result of the impact of COVID-19, to business assumptions and completion schedules on both construction and operations at IIP's largest asset, Distribution Logistics Infrastructure Limited ("DLI"). Net asset value as at 31 March 2020 will also reflect the accrual of interest on the Company's debt facilities. Further to the Company's announcement of 17 August 2020, the impact of COVID-19 is continuing to depress Indian markets. Against this backdrop, DLI is making modest progress, with the Private Freight Terminal at DLI's Bangalore facility receiving regulatory approval to commence operations. The timing of these operations is now dependent on when customers are able to complete site inspections and further approvals are required for export-import operations at the site. Works at DLI's Palwal and Chennai terminals remain on hold due to local restrictions while the Nagpur terminal has continued to operate throughout the period, including lockdown. The logistics sector remains very competitive for freight transport, and low volumes will likely persist into 2021 while imports remain static. IIP's small hydro and wind assets are performing as expected in the current climate, with power demand from state offtakers resilient and commercial customers showing gradual recovery in line with industrial activity. The Board looks forward to updating shareholders next month with the release of IIP's final results for the year ended 31 March 2020. Enquiries: |
Posted at 15/1/2020 00:20 by noirua I'm not holding shares at the moment as I needed cash before CIHL paid their big dividend.The IIP share price is not as volatile as in August 2018 when we had an intra-day high of over 8p and then it quickly fell apart. The chart looks tantalizing and may move to challenge 6p. Always difficult to be certain though the discount to NAV remains very high. Good luck however it goes in the short term. |
Posted at 31/12/2019 15:01 by noirua Decided to sell down my holding in IIP. Overall an 86% profit as needed to put more into CIHL as it goes xd on Thursday. May be back later if an opportunity arises.Good luck to holders in this difficult to trade stock. |
Posted at 30/12/2019 10:45 by colin12345678 Just to provide a full understanding.......So imo the $105m loan was provided within to allow for all the remaining infrastructure work to be completed on the DLI subsidiary. - Distribution Logistics Infrastructure Limited (DLI) IIP own 99.99% DLI is a national, infrastructure based, rail-linked logistics company developing large warehousing capacity and the capability to deliver integrated supply chain solutions Founded in 1972 as a south India based container handling and transport company, DLI has transformed to a pan India multimodal operator with large road and rail linked terminals DLI is strategically located in areas covering ~60% of containerised EXIM cargo in India Limited competition from other service providers and high barriers to entry – very difficult to replicate DLI integrated model and footprint Solid, long term, blue chip customers and exclusive contracts Strong and effective management team with hands-on experience in planning, project implementation, ramp-up and mature operations Significant asset base of consolidated land with rail sidings and statutory approvals Significant expansion opportunities at existing terminals and other strategic cargo centres A potential leader for industry consolidation, rationalisation and growth |
Posted at 24/3/2019 01:33 by noirua I think they are trying to complete construction of the terminals at DLI. Every time they raise cash this dilutes the value to IIP. The interest rates at 12% and 7.5% are not helping. GGIC hold 75.4% of IIP and they must have a plan with 3 of the directors at IIP on the board of GGIC. The other two companies holding 8.52% are just sitting there.In due course, if nothing is done, IIP will have to hand back DLI to GGIC and its subsidiaries, to cover all the loans. If GGIC accept this then maybe they will pay a sum to IIP as well. If not their 75.4% stake would be worthless. The other option is to find a new buyer or funder for DLI. My own view is that GGIC themselves with directors at IIP must be able to do better than they have so far. IIP and GGIC are the same company director wise if not in fact. GGIC should, imho, immediately bid for he 24.6% of IIP's shares they do not own as everything has gone wrong since 2011. At this stage I think a fair bid would be 10p a share costing them £17.6 million US$23 million. Many would have big losses at this price of 10p a share. |
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