International Public Par... Share Discussion Threads

[seekerofvalue] 05/7/2011 12:15

Infrastructure boss Rod Eddington warns of $86bn threat to productivity

Annabel Hepworth
July 05, 201112:00AM

[seekerofvalue] 14/6/2011 16:32

Macquarie teams up with Everbright on $729m fund

By Gwen Robinson in Sydney and Jamil Anderlini in Beijing

Published: June 14 2011 13:34 | Last updated: June 14 2011 13:34







JPMorgan's Matthews Says Infrastructure to Drive India Growth

By Santanu Chakraborty - Jun 14, 2011 1:08 PM GMT+0100

[seekerofvalue] 13/6/2011 15:22

Norway's sovereign wealth fund optimistic on Europe

By Andrew Ward in Oslo

Published: June 13 2011 08:59 | Last updated: June 13 2011 08:59

[seekerofvalue] 09/6/2011 16:17

IPP on target for 2011
By Michael Millar
Fri 13 May 2011

[seekerofvalue] 09/6/2011 10:19

The company invests in private finance initiative (PFI) and public-private partnership (PPP) projects and runs them under long-term contracts.


Listed in 2006, INPP is a long-term investor in 60 social and transport infrastructure projects, including schools, hospitals, courts and police headquarters in the UK, Europe, Australia and Canada. A total of 99pc of the revenues are government-backed.


For those looking for a solid and increasing dividend play that can ride out the turbulence of markets. Then with a current yield of 4.88% @ 1.167p INPP could be a safe haven. I also like the fact that investment funds hold a large % of the company. I have made my first purchase today, as a sleep easy investment and long-term income play.

2010 TOP TEN INVESTMENTS


INPP Perfomance since IPO


INVESTING IN INFRASTRUCTURE?


Articles:
11/03/11 Is it time to take profits from infrastructure?
Infrastructure captured the imagination of investors after dividend payouts in other sectors took a hammering in 2010.




1/04/11 Questor share tip: INPP is a solid yield play built on global infrastructure

Income-seekers find infrastructure funds attractive because returns are not correlated to the economic cycle or related to movements in the equity markets. International Public Partnership (INPP) is one such fund.





21/05/11 Fed up with the FTSE 100? You can invest in the M80
Every extra airline passenger, new hospital bed or car passing through a motorway toll booth could provide a welcome boost for income-hungry investors.
Financial advisers are increasingly recommending funds that invest in essential infrastructure and public-private finance deals to provide an income. Yields of between four and six per cent easily beat returns on most deposit accounts.



3/01/12 INPP closed the year out at £1.209p, so its 12 months performance was plus 2.4% excluding dividends. Not bad when you consider that the FTSE 250 12 months performance was minus 13.82% and the FTSE 100 12 months performance was minus 7.34%.


19/04/12 share price £1.20p Target yield 5%
INPP net asset value UP 15.2%

International Public Partnerships' net asset value grew 15.2% to £624.3m in the year to the end of December. NAV per share rose to 116.9p from 113.1p a year ago. Pre-tax profits were £13.2m against £16.5m in 2010 while after-tax profits rose to £16.1m from the restated £15.1m last time. Chairman Keith Dorrian said: "The company and our shareholders continue to benefit from the opportunities arising from the renewed commitment shown by governments to infrastructure investment across our geographies. "There is a heightened awareness of the pivotal role private capital plays in these long-term public sector programmes, resulting in a surge in interest from an increasingly wide investor base, attracted by the risk reward profile of the company and asset class. "Taking advantage of the positive investment environment through our healthy pipeline of attractive investment opportunities is critical to the ongoing success of the company and as such, we are actively considering our options with respect to raising more equity capital. "We look forward to 2012 with confidence".

25/05/12 INPP Placing, Open Offer and Offer for Subscription


The timing of the offer could not be worse given current macro issues. With that taken into consideration the miniscule discount given up against the share price is commendable.
I will be subscribing just shy of my initial purchase price back in June 2011. I am hopeful that we should see a year end close above £1.20p. My target is of course reliant on how the politicians deal with European woes.

7/06/12 International Public Partnerships announces opening on Belgian airport project



10/06/2012 A very positive article on INPP written by Midas of the Mail on Sunday Business Section.

MIDAS: Infrastructure fund investing in more than 100 projects in the UK and abroad builds up to 9% returns


19/06/12 EXTRACT:Commenting on the result of the Placing, Open Offer and Offer for Subscription, Keith Dorrian, Chairman of INPP, said:

"We're delighted to have exceeded our fundraising target, attracting GBP200 million of additional capital from a range of UK and international investors. Indeed, the total of applications made through the Placing, Open Offer and Offer for Subscription exceeded this figure."

20/06/12 Questor says BUY International Public Partnerships
INPP fundraising better than expected

At A time of financial uncertainty and low interest rates, infrastructure funds such as International Public Partnerships (INPP) are very attractive.


30/08/12 "Total Shareholder Return since IPO in November 2006 to 30 June 2012 of 54.2% compared to 11.5% on the FTSE AllShare over the same period"

3/01/13 INPP closed the year out at £1.256p, so its 12 months performance was plus 3.9% excluding dividends. Beating its 2011-2012 returns.

15/04/13 I am no longer holding INPP after selling my entire investment this morning for £1.3125p.