Share Name Share Symbol Market Type Share ISIN Share Description
John Laing Infrastructure Fund LSE:JLIF London Ordinary Share GG00B4ZWPH08 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.40p -0.30% 134.10p 133.60p 133.80p 134.50p 133.40p 134.50p 980,006 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 175.2 160.4 18.1 7.4 1,326.02

John Laing Infrastructure Share Discussion Threads

Showing 301 to 324 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
06/6/2017
06:40
Citywire again: Http://citywire.co.uk/investment-trust-insider/news/james-carthew-john-laing-diversifies-overseas/a1022173?ref=investment-trust-insider-latest-news-list
jonwig
22/5/2017
06:37
Citywire: Http://citywire.co.uk/investment-trust-insider/news/fund-manager-leaves-john-laing-infrastructure/a1018336?ref=investment-trust-insider-latest-news-list
jonwig
19/5/2017
07:12
Update at 31 March: Http://www.investegate.co.uk/john-laing-infra-fd--jlif-/rns/trading-update-statement/201705190700066090F/ Current premium to NAV of 14% looks about right, compared with HICL and 3IN.
jonwig
27/3/2017
16:38
"Placing of 89,826,897 new ordinary shares at a price of 133 pence per share" Quite a good price.
jonwig
21/3/2017
07:58
Jonwig - something like that - early airport run for one my offspring.
skinny
21/3/2017
06:35
Insomnia, Skinny? Thanks for the links - this and PHNX.
jonwig
21/3/2017
04:36
John Laing forced to broaden its horizons
skinny
20/3/2017
08:36
blueledge - xd 23 March, payday 16 May, 3.48p. FY results very satisfactory. Looking to diversify abroad, like HICL. NAV 120.2p so 13% premium. I don't feel too fazed by that.
jonwig
14/3/2017
08:36
They'll tell you on the 20th, with the FY results.
jonwig
14/3/2017
08:19
Any idea of ex div date?
blueledge2
06/1/2017
11:46
Bought back in here again after Christmas - money in the bank earning nothing...'safe' inflation linked holding here fits the bill. Another possible run up to the 140 mark. Financial repression - high inflation and low interest rates while governments shrink their debts look the likely story in 2017...imo only.
nimbo1
30/12/2016
11:17
Completion of Acquisition JLIF, the FTSE 250 listed infrastructure investment company, is pleased to announce that it has completed the acquisition of a 6% indirect interest in the Intercity Express Programme Phase 1 project from John Laing Investments Limited (a wholly-owned subsidiary of John Laing Group plc ("John Laing")). The transaction represents JLIF's eighth acquisition of 2016 and brings JLIF's new investments for 2016 to a combined total of approximately £300.0 million.
skinny
22/12/2016
22:46
Tipped by Tempus in the Times "John Laing Infrastructure is safe and reliable: what’s not to like?" Probably accounts for the rise today.
mach100
21/12/2016
07:33
It looks as though JLG paid £37m for this during the first half of 2016, though JLG hasn't made its own announcement about the disposal. So JLIF is moving toward earlier stage projects, or is this a one-off event?
jonwig
21/12/2016
07:15
Agreement of Acquisition JLIF, the FTSE 250 listed infrastructure investment company, is pleased to announce that it has signed a Sale and Purchase Agreement with respect to an indirect 6% minority shareholding in the Intercity Express Programme Phase 1 ("IEP") project, from John Laing Investments Limited (a wholly-owned subsidiary of John Laing Group plc ("John Laing")). The total consideration for the acquisition will be approximately £42.4 million, which will be financed by drawing on JLIF's revolving credit facility. Completion of the transaction is subject to completion of certain formalities and expected to be in early 2017. The IEP project, which is still in the construction phase, involves the provision of 57 new high speed intercity trains to be deployed on the Great Western Mainline ("GWML"). The contract with the Department for Transport ("DfT") benefits from a 27.5-year concession from acceptance of the first train (scheduled 2017). Payments are on an availability-basis, whereby revenues are received in return for the trains being made available for use and for certain performance and reliability criteria being met. Hitachi are contracted as both manufacturer and maintainer of the trains for the duration of the concession period, with typical pass-down of delivery and operational risk. They are also a 70% shareholder in Agility Trains West Ltd, the project company. The first trainset is scheduled for delivery in 2017 with the remainder delivered over the subsequent 15-month period. The design life of the trains is 35 years and Agility Trains West Ltd retains ownership of the trains at the end of the concession period, providing a residual design life of 7.5 years. Current and projected demand for these types of modern trains is strong and around 10% of the consideration is due to that expected residual value of the trains. The discount rate applied to the forecast cash flows to establish the valuation is well above the equivalent discount rate for a fully-operational UK availability-based project, and a higher discount rate has been applied to the residual value elements to allow for the additional uncertainty of those cash flows. JLIF retains the right of first offer with respect to John Laing's remaining interest in the project.
skinny
09/8/2016
19:59
Profit taking after significant recent rise ? Possibly encouraged by a little shake by the MM's ?
par555
09/8/2016
11:30
Anyone - why the sudden drop in this and HICL? Thx
fardistanthills
05/8/2016
06:51
No news expected: performance in line with HICL, 3IN. Lower interest rates = lower discount rate in valuing assets. Actual transactions up to 30% above formal valuations. Probable increase in inflation improves indexing of passed-on costs and a degree of indexing in dividend. Both political parties want greater infrastructure spending - same abroad.
jonwig
04/8/2016
19:02
Nice rise at the end there..news expected?
badtime
27/7/2016
06:40
Some discussion of JLIF in here: Http://citywire.co.uk/money/i-hate-paying-premiums-on-trusts-but-infrastructure-is-worth-it/a934691?ref=citywire-money-latest-news-list
jonwig
22/6/2016
16:06
Two disposals at uplift of 36% to carrying value. Total proceeds are only £43.3m against a NAV of £883m, but optimists will apply that to the whole portfolio, making the shares cheap. Music still playing, after nearly six years (more with HICL).
jonwig
20/5/2016
06:56
Questor (a long-term fam of infra funds says 'hold': Http://www.telegraph.co.uk/business/2016/05/18/questor-share-tip-john-laing-infrastructure-a-safe-bet-for-divid/
jonwig
19/5/2016
07:23
Agreement for Acquisition of P3 Concession for 23 service plazas in the US JLIF, the FTSE 250 listed infrastructure investment company, is pleased to announce that it has entered into an agreement to acquire a 100% interest in Project Service LLC (the 'Operator'), the provider of 23 highway service areas in the State of Connecticut (USA), between New York and Boston. JLIF has purchased the interest from Carlyle Infrastructure Service Plazas, L.P. (an affiliate of The Carlyle Group), Doctor's Associates Inc. (the parent company of Subway Restaurants) and Subcon, Inc. (a major Subway franchisee and developer). The acquisition is JLIF's first entry into the US P3 market and will take the total number of assets within JLIF's portfolio to 61. The equity value is the US Dollar equivalent of approximately £72 million and will be funded using JLIF's multi-currency revolving credit facility. JLIF expects the acquisition to complete in the coming weeks subject to the satisfaction of the conditions as agreed between the parties. The project involves the operation and maintenance of 23 highway service areas along Interstate 95, Interstate 395 and Route 15, under a 35-year exclusive concession signed in 2009 with the State of Connecticut acting through the Connecticut Department of Transport. The planned renovation of all 23 facilities, as agreed under the concession signed in 2009, was completed in August 2015 and all 23 highway service areas are now fully operational. The Operator is the exclusive provider of Connecticut's on-highway fuel and food facilities along one of the main artery routes between New York and Boston. The Operator has long term tenant agreements in place (15-35 years) with major food and fuel providers including four key anchor tenants including McDonalds, Dunkin' Donuts, Subway Restaurants and Alliance Energy (Mobil brand). The majority of the revenues from the concession are generated from these anchor tenants. Further, as part of the concession agreements, the Operator pays the Connecticut Department of Transport a share of the Revenues over the life of the concession which ensures strong public-sector alignment. The discount rate applied for the valuation of the project was within the range used for the valuation of JLIF's portfolio as at 31 December 2015. Andrew Charlesworth from John Laing Capital Management ("JLCM"), Investment Adviser to JLIF, said: "We are pleased to secure our first investment in the US market, which we anticipate may represent a significant source of growth for JLIF over the medium and long term. It represents the third transaction since December 2015 in which JLIF has secured an exclusive bilateral position. We look forward to working with the experienced management team at the Operator and the Connecticut Department of Transport."
skinny
17/5/2016
07:14
Trading Update HIGHLIGHTS · Underlying growth in Portfolio value for the three months to 31 March 2016 of 1.7% to £973.5 million on a rebased value of £957.2 million[1] · Announced a 1.04% increase in the dividend from 3.375pps to 3.41pps, in respect of the six- month period to 31 December 2015, in line with UK inflation · Net Asset Value[2] ("NAV") of £1,000.6 million as at 31 March 2016, including £27.8 million allocated to the dividend to be paid in May 2016 · NAV per share as at 31 March 2016 of 108.3 pence ex-div (111.7 pence cum-div), due to underlying portfolio growth over the period, positive unrealised exchange rate movements and the NAV accretive equity issuance in March 2016 · Acquisitions of approximately £90 million in the first quarter of 2016, including JLIF's first investment in the Spanish secondary PPP market · Strong pipeline of assets at advanced stage, expected to complete in coming months
skinny
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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