Infrastructure India Share Discussion Threads

[cudmore] 04/8/2018 19:31

Where has this been mentioned before? As far as I can see it’s only been announced

[charlesjames1] 04/8/2018 18:57

Tidy/Degsy. You are clueless here having only just bought in. Had you read the last RNS you wouldn’t embarrass yourself by posting this as new news.

[flashheart] 04/8/2018 18:21

Was originally responding to sigoras mention but thanks tidy. At what price the open on Monday I wonder?????

[papy02] 04/8/2018 18:20

This is not new news - it is the deal as already announced by RNS. (though with some extra detail)

Extract from article:


PSA International will acquire DLI through PSA India Intermodal Pte Ltd, a subsidiary. The acquisition will be done in two stages. First, PSA-Gateway will buy a 24 per cent equity in DLI India (DLII), the Mauritius-based parent company of DLI, for $50 million.

It will also subscribe to 7,500 convertible preference shares (CPS) in DLII, investing $75 million in multiple tranches at a price of $10,000 a piece. per DLII CPS.

In both the investments, PSA’s share will be 70 per cent.

PSA-Gateway has also conditionally agreed to subscribe for an additional $10 million of DLII CPS in the event of DLI’s construction and project cost overruns.
On conversion of the DLII CPS, IIP’s stake in DLI will be reduced to a minimum of 20 per cent and a maximum of 49 per cent.

However, on conversion of the DLII CPS following the occurrence of a default under any of the transaction documents, Infrastructure India Plc’s interest in DLI could be reduced to zero.

[flashheart] 04/8/2018 17:45

This will be interesting next week anyway but do you have a link to that info sigora?

[tidy 2] 04/8/2018 17:45

This is massive. Buyout of dli. Newspaper report of IIP to sell their stake in dli for $125m. Deal done and iip maintain 20% for now. hTTps://www.hellenicshippingnews.com/singapores-port-operator-psa-moves-into-landside-by-acquiring-distribution-logistics-infrastructure/

[robizm] 04/8/2018 16:40

this company is a complete and utter con. has raised millions and never paid a dividend and no auditor will even validate the accounts. huge fees taken by the fund manager and after 10 yrs of ripping off shareholders all the way down from £1 a share you suddenly expect them to give you a piece of the pie

[sigora] 04/8/2018 16:07

source hellinic shipping news

[sigora] 04/8/2018 16:02

report in a singapore paper saying dli sold for $125 m interesting monday morning

[rjmahan] 03/8/2018 22:00

Thanks Papy...

Always nice to be right. If I was that clever I would have bought more !

[sigora] 03/8/2018 21:30

another director buy or 2 will send this in to orbit

[tidy 2] 03/8/2018 19:53

Lots of buys hidden on NEX just noticed.

[papy02] 03/8/2018 19:44

Great analysis of IIP from rjmahan who also posts here (it's from Dec 2017, but still very much worth a read). This was the reason I had IIP on my watchlist but I had forgotten that, so have just re-read today:





Worth reading the comments at the bottom also.

[cudmore] 03/8/2018 19:30

Letmepass

That’s the beauty of it.....seems to tick up on every buy. Clearly a lack of stock with mms trying all they can to spook people into selling. They must think investors are idiots. We can all read an RNS and understand when a company share price is rediculously low to what it should be worth. Any weekend press comments will surely see this double on Monday. Looking at the small selling volume it would appear most buyers this week are in for the rerate that is coming. Good luck getting in on Monday!

[letmepass] 03/8/2018 17:11

Agree cudmore. I may add if it starts to push 10p Monday. Will see. It appears to move on little buying

[cudmore] 03/8/2018 16:38

Letmepass

Sone you win some you lose. Had a few losers recently due to market manipulation and not on company fundamentals. Have to say these could be the new TERN story. Next week will be very interesting indeed.

[reks] 03/8/2018 16:22

i expect another director buy RNS on Monday or after hours

big boom coming

[tidy 2] 03/8/2018 16:20

Surprised this hasn't gapped to 30p.

[noirua] 03/8/2018 16:19

Buy with open arms into the close. However, MMs only handing out handfuls. Slipping a bit now.

[letmepass] 03/8/2018 16:19

Well cudmore. Have to admit that it's looking good for next week. Didn't think it would but fair play you called it right on this one

[noirua] 03/8/2018 16:18

Now at 6.9p.

[alia] 03/8/2018 16:17

10p at the least

[cudmore] 03/8/2018 16:16

Here we go!!

[alia] 03/8/2018 16:14

thats if mms let you