Infrastructure India Share Discussion Threads

[noirua] 18/12/2019 10:49

Looking good for 2020 as the company turns itself round. Middle price of 2p is a 91% discount to NAV at 22p a share. Would suggest not paying more than 12p a share with a discount to NAV of 45% at that point.

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The terminals at Bangalore and Palwal are both expected to be completed and to commence initial commercial operations by the end of the current fiscal year.

Works at Nagpur, including a Private Freight Terminal ("PFT") and additional warehousing should be completed before the calendar year end.

DLI is actively marketing the PFT and DLI expects an uptick in bulk cargo volumes as these facilities ramp up.

Nagpur has expanded commodity freight with the addition of sugar and cotton exports during the period and the terminal maintains strong market share of the export-import market of around 40%.

Completion of the terminal at Chennai, along with its Free Trade Warehousing Zone, is expected to be later in 2020, as the team work through the regulatory approvals required for the facility.

[dave4545] 18/12/2019 07:57

Nice update so at least we should get some action today

[dave4545] 17/12/2019 14:14

Course they do not want to push it up they know there's still a few get rick quick spike chasers that will bail out at 1.64p

If everybody held a stock this would have been around 5p now

[noirua] 17/12/2019 14:12

True Spread is 1.6428p - 2.25p, true spread of 27%. MMs reluctant to trade at all and a disgrace to AIM.

[dave4545] 16/12/2019 15:21

Buyers paying 2.3-2.4p Friday and sellers today bailing for 1.755p

mm's send their thanks.

No wonder they never tightened the spread on Friday, too many impatient idiots who
cannot hold a stock give them their stock back for a handsome profit.

[dave4545] 14/12/2019 13:30

Was looking at the spike in Aug 18, the price intraday got to 7.75p

The business is doing better again and the NAV is 22p with lots of debt but all in control.

Seems fair to set a target of 5-8p now. Lets hope nobody bails out the mm's below 2p again, if everybody holds tight you'll make a great profit here

[tomboyb] 13/12/2019 12:32

To me it looks like BID could bounce back soon -

[dave4545] 13/12/2019 12:32

But this is a decent company and it's a low free float.

It will spike again, maybe today mm's only offering 75k at 2.4p now

[tomboyb] 13/12/2019 11:34

Anything is possible -

Casino at the moment with all tiddlers -

Last interims better than expected for IIP -

[dave4545] 13/12/2019 10:52

N/T to buy tomboyb

mm's not flushing out as many mugs as they thought. How can you sell a stock for 1.5-1.7p when it's announced a NAV of 22p the day before, yeah they have debt but seems a decent stock in the making. Target 5p+

[tomboyb] 13/12/2019 09:39

an opp now below 2p -

[dave4545] 13/12/2019 08:24

Form a queue, yesterdays quick buck merchants that refuse to hold taking monster losses !

[noirua] 12/12/2019 16:44

Maybe some publicity will ensue and an outside chance Zak Mir might spot it on the risers board.
Even buying at 4p is at a discount of over 80% to the 22p NAV,
Business and prospects look to have sharply improved.
May take awhile to sink in.

[tomboyb] 12/12/2019 16:28

A few more buys below 2.5p and the bid will be up again -

MMs relying on end of day trades =

[dave4545] 12/12/2019 16:23

mm's are funny

All sells they do nothing, people have started buying again they slice the bid

Shake time

[dave4545] 12/12/2019 14:29

2.1-2.6p

Plenty of buys on the dip, somebody sold 146k at 2.31p to help out the mm's again

[tomboyb] 12/12/2019 14:14

Not a huge amount of stock available at these levels -

Nor have there been historically -

[noirua] 12/12/2019 14:13

ii have just sent a message to say they are now allowing trades in IIP - failed to spot it under my messages earlier.

[dave4545] 12/12/2019 14:03

Looks like they will always keep a wide spread.

Early buyers taking a nice safe profit of 0.8p nice for them

2.05-2.585p spread

[noirua] 12/12/2019 13:58

MMs are rightly very nervous on this one but appear to have gone short of stock or maybe they held a lot already, difficult to be certain.
IIP now seem to be in a more positive situation with a rising NAV. So a discount around 35% seems fair with unquoted investments or at least in the 35% to 50% range.

[noirua] 12/12/2019 13:53

"Following the agreement of a new US$105 million debt facility in April 2019, this has been a period of investment for the Company with DLI now able to commission, ramp up and complete all of its existing terminal facilities.

The market environment in India softened in the second half of 2019 and the government is responding by providing tax and monetary initiatives to generate further growth in 2020 from which DLI, in particular, is increasingly well placed to benefit."

[tomboyb] 12/12/2019 13:37

ZBO is busted flush but you never know on AIM -

Casino at best -