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
  +0.20p +0.18% 114.00p 113.80p 114.00p 114.20p 113.40p 114.20p 1,274,262 16:29:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 113.6 99.0 10.2 11.2 1,127.27

John Laing Infrastructure Share Discussion Threads

Showing 376 to 400 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
06/4/2018
08:07
Thanks @jonwig. Infrastructure trust investors suddenly spoiled for choice - I've rather too much in HICL already.
spectoacc
06/4/2018
07:59
Spec - the chart on p34 of the AR shows you: zero. (In 2054.) Remember that the NAV is calculated on a DCF basis.
jonwig
06/4/2018
07:47
At risk of stating the obvious - after the "...Between 20 and 30 years..", what's left, assuming the worst-case of no new investments?
spectoacc
06/4/2018
07:00
IC have a pretty strong 'buy' recommendation today. Summary: Even if the trust remains at a discount and has limited ability make new investments, 53 per cent of its assets have between 20 and 30 years left on their concession term. So, if you are an income investor who can stomach the risks, John Laing Infrastructure Fund's steady income stream, high yield and historically wide discount to NAV make it an attractive contrarian opportunity. Ex div yesterday adds to the price attractions. Dividend 6.96p means yield of 6.3%. They don't seem to have a forecast dividend for 2018.
jonwig
29/3/2018
13:02
Hand in hand with not being able to raise new equity, is perhaps not needing to - the feeling that infrastructure trusts have gone largely ex-growth. Not sure that's accurate - PFI certainly, and HS2 badly needs binning, but infrastructure in general is always needed. Still only a small holding here (& much larger in HICL) - feels like further to fall.
spectoacc
29/3/2018
12:33
@ bothdavis - I think the Labour threats are discounted in the price now. More likely precarious state of some outsourcers (but see post #379), and the fact that it's hard to raise new equity at a discount to NAV.
jonwig
29/3/2018
09:15
Down nearly 10%....bloody Labour!! What to do, if Labour get in!!!!!!!!!!!!! Sell now and reinvest or hope May does well?
bothdavis
29/3/2018
06:53
Includes some broker comment: Http://citywire.co.uk/investment-trust-insider/news/pfi-investor-john-laing-infrastructure-is-coming-home/a1105476?ref=investment-trust-insider-latest-news-list
jonwig
26/3/2018
20:44
Ram - thanks for the links. Fascinating stuff on AR p18: their construction partners and facilities managers. Take out Carillion and there don't seem to be any other "red flag" names.
jonwig
24/3/2018
21:07
Good overview: htTp://jlif.com/images/uploads/publication/JLIF_Annual_Results_Presentation_2017_-_DRAFT_20_March_2018.pdf And the long read version: htTp://jlif.com/images/uploads/publication/JLIF_Annual_Report_2017.pdf
rambutan2
23/3/2018
08:27
To, or from? NAV looks healthy, been happy to hold this one.
spectoacc
23/3/2018
08:23
FY results: https://www.investegate.co.uk/john-laing-infra-fd--jlif-/rns/results-for-the-year-ended-31-december-2017/201803230700026522I/ Looks pretty sound, with asset performance ahead of the discount unwind, an no material impact arising from the Carillion bust. Plan to move domicile to UK. I doubt this will mean more tax, but it will mean they avoid becoming an ill-informed political football.
jonwig
13/3/2018
14:31
Not seen any news on them recently?
spectoacc
13/3/2018
14:27
they are certainly doing a good job of destroying share holder value here.
nimbo1
06/2/2018
15:45
:-) Thanks, I'll use JLIF as a forward-looking indicator then !
mister md
06/2/2018
15:16
@ Mister MD - always helps to get your panic in early!
jonwig
06/2/2018
15:09
impressive it hasnt dropped during the global crash (so far)
mister md
29/1/2018
08:14
Sigh of relief!
winsome
29/1/2018
07:12
'No material impact' on company following liquidation of Carillion. £3m transition costs only. A big contrast to HICL's potential £50m. This ought to bounce back now ... ?
jonwig
29/1/2018
07:09
Further update regarding liquidation of Carillion plc John Laing Infrastructure Fund Limited ('JLIF' or the 'Company'), the listed infrastructure investment company, notes recent commentary regarding the impact of the liquidation of Carillion plc ("Carillion"). JLIF refers to its announcement made on 16 January 2018 in respect of the compulsory liquidation of Carillion. John Laing Capital Management Ltd, the Company's Investment Adviser, continues to work on implementing its contingency plans to replace Carillion as Facilities Management ("FM") provider on the 9 JLIF projects and expects this to occur on similar terms to the existing contracts within the projects. The Investment Adviser anticipates that there will be minimal service disruption, however initially expects additional advisory and transaction costs in respect of the appointment of replacement facilities managers to cost approximately £3 million in aggregate. JLIF reiterates that it has no projects currently in construction where Carillion is the contractor. JLIF owns one project where Carillion is still liable for any construction defects found on the project, with the construction period having completed over 10 years ago. JLIF reiterates that a recently completed routine defects survey has not highlighted any significant areas of concern. The Investment Adviser believes that the compulsory liquidation of Carillion should have no material impact on the Company and no impact on the Company's dividend policy. The Company will continue to manage the situation as it develops and provide further updates as appropriate.
skinny
26/1/2018
12:34
I would hope that JLIF don't warn as it would contradict their earlier statement which pointed to little -or no impact as it seems al partnerships- as I read it. I exited at 117.45 having wanted to sell last Friday at 119p. I don't think these are bad investments and the yield is good and improving but there is too much noise around these and therefore best avoided for now.
mach100
26/1/2018
07:20
There seems to be little support for bringing PFI projects back in house. The reason Carillion went under was their extremely tight profit margins on projects. Something like 2%. So they were hardly milking the taxpayer. Likewise for companies like HICL and JLIF - they are hardly making huge profits. I see HICL warned this morning they will take a 2% hit on their NAV. JLIF may do similar. Barely significant IMO. As long as the divs keep coming then these remain long term holds for me.
winsome
25/1/2018
10:31
I am down 6% so far, the 'Corbyn effect' is getting on my nerves - hopefully will see a turnaround if and w hen people realise his methodology will lead to financial ruin and a even more fractured society.
bothdavis
18/1/2018
22:30
jlen appears slightly safer than jlif at present for income seekers, very similar income levels.
pjw956
18/1/2018
17:37
More likely from the general negative publicity for PFI contracts today following the NAO report.
grahamburn
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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