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Share Name Share Symbol Market Type Share ISIN Share Description
Infrastructure India Plc LSE:IIP London Ordinary Share IM00B2QVWM67 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.80 0.60 1.00 0.80 0.695 0.80 0.00 08:00:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 18.0 2.6 0.3 5

Infrastructure India Share Discussion Threads

Showing 1126 to 1150 of 1500 messages
Chat Pages: Latest  48  47  46  45  44  43  42  41  40  39  38  37  Older
DateSubjectAuthorDiscuss
16/2/2019
10:26
Ill have a look at this on Monday for the result then. Binary bet.
escapetohome
16/2/2019
00:43
Yes it is, leveraged turnarounds never seem to work for me.
rjmahan
15/2/2019
23:57
Loan extension ends on Monday next. Hopefully some better news on its way soon. Very sad at the moment.
noirua
05/2/2019
22:48
Loans extended to 18 February 2019 https://uk.advfn.com/stock-market/london/IIP/share-news/Infrastructure-India-plc-Loan-Extensions/79192140?xref=newsalert
noirua
04/2/2019
22:16
Statement re-loans: http://uk.advfn.com/stock-market/london/IIP/share-news/Infrastructure-India-plc-Statement-re-Existing-Loa/79180925?xref=newsalert
noirua
31/1/2019
17:18
¡Ay, caramba! - yes, I'd forgotten the end stop date. Hopefully it's a matter of force majeure, unavoidable. Either way it looks an awkward situation.
noirua
31/1/2019
16:14
Aye carumba - now what?
spectoacc
30/1/2019
17:05
http://uk.advfn.com/stock-market/london/IIP/share-news/Infrastructure-India-plc-Statement-re-Proposed-Fin/79149390?xref=newsalert As previously announced, the Proposed Financing transaction documentation (the "Transaction Documentation") had envisaged the fulfilment of conditions precedent within a six-month time frame. Owing to the Proposed Financing remaining conditional on receipt of outstanding Indian regulatory and other approvals as at 30 January 2019, the long stop date under the Transaction Documentation, the Transaction lapses today. The Board of IIP will examine the Company's alternatives, including re-engaging with PSA International and Gateway Partners, and further announcements will be made, as appropriate, in due course. https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1548870236229729500.html
noirua
22/1/2019
23:29
The funding is misleading in away as GGIC with 75.4% of IIP are making the loans possible through their own affiliate Cedar Valley. GGIC must want IIP to be successful with this interest and must trust the deal that is in place in that it will eventually be completed. The interest rate at 12%pa is not low and some may well think it should be provided in the circumstances at a much lower interest rate. So GGIC are doing well out of this. Shareholders may rightly puzzle why this deal is taking so long and question the big build up in debt. The market cap of IIP is under $20 million and debt servicing nearly $8 million per annum. Total IIP debt nears $75 million and the agreement is for $50 million to IIP for 24% of DNL and $75 million to DNL for restructuring. It needs some reckoning but all this extra debt should really be paid by PSA International and Gateway the bidders. Otherwise this loan extension situation is likely to go on and on. GGIC's loan provision posturing antics here are puzzling.
noirua
22/1/2019
18:14
I wonder whether the IIP debacle has impacted their fundraising in other vehicles. A total mess
terryfx
22/1/2019
10:00
Pursuant to the Bridging Loan Extension, the Company and Cedar Valley have agreed to extend the maturity of the Bridging Loan such that the Bridging Loan will now mature on the earlier of: (i) 15 days following the completion of the Proposed Financing; or (ii) 4 February 2019. In addition, the Company has agreed a further increase to the Bridging Loan which was previously provided to the Company by Cedar Valley such that a further US$5 million (the "Additional Funds") has been made available to the Company under the Bridging Loan Increase. The Company intends to draw down the Additional Funds immediately. On draw down of the Additional Funds the Bridging Loan, now totalling US$53.4 million, will be fully drawn down. Pursuant to the Working Capital Loan Extension, the Company and GGIC have agreed to extend the maturity of the Working Capital Loan such that the Working Capital Loan will now mature on 4 February 2019. The other terms of the Working Capital Loan remain unchanged. GGIC is, directly and indirectly, interested in 75.4% of the Company's issued share capital and Cedar Valley is an affiliate of GGIC. Under the AIM Rules for Companies ("AIM Rules") GGIC and Cedar Valley are, therefore, deemed to be a related parties of the Company and the Bridging Loan Extension, the Bridging Loan Increase and the Working Capital Loan Extension are related party transactions pursuant to Rule 13 of the AIM Rules. The independent directors of IIP, M.S. Ramachandran and Timothy Walker, consider, having consulted with Cenkos Securities plc in its capacity as the Company's nominated adviser, that the terms of the Bridging Loan Extension, Bridging Loan Increase and the Working Capital Loan Extension are fair and reasonable insofar as the shareholders of IIP are concerned.
noirua
22/1/2019
01:08
Should be an RNS later this morning. That is something the company is very much 'on the ball' on. They appear to be doing their best.
noirua
21/1/2019
18:44
I think without good news this heads to 0 and time elapsed increases probability of bad news.
rjmahan
21/1/2019
13:43
Today is of course the one for a further announcement on the loan agreement. The market is expecting nothing from this to be bullish and no investors have bought before the news. If the news is very good the shares will rocket in price but no fuel for the rocket as yet. A fair gamble at around 2.5p but that is what it is at the moment.
noirua
21/1/2019
10:36
I am exiting this - it has taken far too long...
rjmahan
18/1/2019
23:52
As a result of the continued delays in completion of the proposed financing, and IIP's current inability to commit additional funding to DLI - its unaudited cash balances as at 31 December were about £0.25m - DLI had recently entered into short term borrowing facilities in India and, in part, had begun to divert cash from operations in order to service DLI debt facilities. 08/01/2019 Https://www.sagasharedirect.co.uk/news/infrastructure-india-extends-existing-loans-amid-delays-refinancing
noirua
08/1/2019
09:12
Loans extended once again to Monday 21 January 2019.
noirua
07/1/2019
17:09
News awaited now! Ahead of completion of the Proposed Financing, IIP has agreed an extension to the maturity date of the Bridging Loan (the "Bridging Loan Extension") and an extension to the maturity date of the Working Capital Loan (the "Working Capital Loan Extension") to 7 January 2019. GGIC is, directly and indirectly, interested in 75.4% of the Company's issued share capital and Cedar Valley is an affiliate of GGIC. Under the AIM Rules for Companies ("AIM Rules") GGIC and Cedar Valley are, therefore, deemed to be a related parties of the Company and the Bridging Loan Extension and the Working Capital Loan Extension are related party transactions pursuant to Rule 13 of the AIM Rules. The independent directors of IIP, M.S. Ramachandran and Timothy Walker, consider, having consulted with Cenkos Securities plc in its capacity as the Company's nominated adviser, that the terms of the Bridging Loan Extension and the Working Capital Loan Extension are fair and reasonable insofar as the shareholders of IIP are concerned.
noirua
28/12/2018
14:48
Present bridging loan and capital loan total US$69.9 million - Loans are extended to 7 January 2019. Sums due US$50 million to IIP and DLI US$75 million. -- The Board believes that, following completion of the Proposed Financing, the Company will be well placed going into 2019.
noirua
21/12/2018
21:04
IIP appear closer to completion with just Government hurdles to be completed shortly. http://uk.advfn.com/stock-market/london/IIP/share-news/Infrastructure-India-plc-Loan-Extensions/78941262?xref=newsalert Loans are extended to 7 January 2019. Following IIP shareholder approval of the Proposed Financing at an extraordinary general meeting on 24 August 2018, the parties continue to progress towards completion of that transaction, with several conditions precedent to the closing having been met and the remainder, including key governmental approvals, expected to be met in the coming weeks.
noirua
13/12/2018
09:08
Half Year Report: https://uk.advfn.com/stock-market/london/infra-india-IIP/share-news/Infrastructure-India-plc-Half-year-Report/78877878
noirua
10/12/2018
18:19
Infrastructure India plc - Notice of Interim Results to 30 September 2018 https://uk.advfn.com/stock-market/london/infra-india-IIP/share-news/Infrastructure-India-plc-Notice-of-Results/78855831 Infrastructure India plc, the infrastructure fund investing directly into assets in India, announces that it expects to publish its unaudited interim results for the six months ended 30 September 2018 on 14 December 2018. As was noted in the Company's final results announcement released on 21 September 2018, funding constraints have overshadowed progress at IIP's largest asset, Distribution Logistics Infrastructure Limited ("DLI") and without sufficient completion capital, DLI has been unable to further progress construction at its terminals. DLI has, as a result, continued to focus on streamlining existing operations pending completion of the proposed $125m financing announced by the Company on 31 July 2018. Delays to completion schedules at DLI, and the associated changes to DLI business assumptions, together a weakening of the Indian Rupee (INR) against Sterling (GBP) at the end of the interim period (with a GBP:INR rate of 94.21 as at 30 September 2018 against 90.81 in March 2018 and 87.44 in September 2017) are expected to impact the unaudited net asset value of the Company as at 30 September 2018. The board of IIP (the "Board") currently expects to announce an unaudited net asset value per ordinary share as at 30 September 2018 of approximately GBP0.21 (31 March 2018: GBP0.28; 30 September 2017: GBP0.35). The Board looks forward to updating shareholders on IIP's performance during the six month period ended 30 September 2018 shortly.
noirua
04/12/2018
14:35
Still we have sellers at 2p, a discount of 92% to the last NAV of 28p. We will get another NAV figure shortly. It will be interesting to see how matters go as there may be concern over whether the agreements made are satisfied or not. That being the sums of US$50m and US$75m. Save that these concerns are satisfied in a reasonable time the present discount to NAV may prove to have been unduly onerous.
noirua
02/12/2018
14:22
The Interim Results are due out around 13 December for the half year to September 30 2018.
noirua
20/11/2018
16:24
A lot of selling today for some reason. Appears to be no news out at the moment.
noirua
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