Sequoia Economic Infrast... Share Discussion Threads

[cocopah] 11/3/2021 17:11

Following the RNS does anyone have a view on the likely impact on the share price of the choice SEQI has made to have investments classified under Article 8? I have noted the Articles below for reference ...

- Article 9, or dark green, which applies to products that have sustainable objectives;
- Article 8, or light green, which covers financial products that promote environmental or social characteristics as part of the broad investment strategy;
- Article 6, or grey, which applies to products that either consider ESG risks as part of the investment process or are explicitly declared as non-sustainable.

[cocopah] 08/3/2021 20:45

So RNS shows Rathbone have reduced shareholding marginally below the 5% threshold ... probably behind share price slide on the 5th ... low bandwidth to NAV now and didn’t raise the funds planned in the placing ... buying opportunity or something else. Thoughts?

[chucko1] 03/3/2021 08:58

They cited the bond volatility of last week with reference to the amount raised. Possibly, given the nature of this stock but hardly all systems go.

[winsome] 03/3/2021 08:32

Quite simply, 105.25p was not attractive enough given the share price has been hovering around 108p recently. In these times investors are looking for a bit more margin than that. 103p would have been more successful.

[zeppo] 03/3/2021 08:24

Disappointing. As has been stated shareholders were not invited to join in this.

[speedsgh] 03/3/2021 07:42

£110m raised in the placing against a target of up to £172.9m...

Result of Placing and Total Voting Rights -

[cocopah] 27/2/2021 09:53

Topped up at 1.06 ... it may well go lower but if the NAV holds around 1.02 with the current yield it ain’t too bad. Credit risk aside, I can think of worse investments.🤷;‍♂ʊ39;

[cocopah] 23/2/2021 16:21

I don’t understand why the offer price has been made below the current share price. Additionally and on a different matter it looks as if the lending to Madrid Metro is not as lucrative as some of the earlier deals. Answers on a postcard please! 😜

[nerja] 23/2/2021 11:44

Let’s hope we see 105p ish handle Gateside then we can top up

[gateside] 23/2/2021 10:58

They were happy to let PI's buy at 112p last year.Now it's offered at the reduced price 105.25p it's financial institutions only.PI's shafted again!

[apollocreed1] 23/2/2021 09:39

How terrible! They never stop with their dilutive share issues. Lines managements' pockets but bad for shareholders. SEQI was 120p over a year ago and many holders bought at 112 at the last funding or above, but they're happy to keep beating down the share price.

[gateside] 23/2/2021 07:53

Disappointing that Private Investors are not able to take part in the Placing.

[zeppo] 06/2/2021 09:27

Back near last Rights price at last.

An excellent solid income stock.

I have taken up Rights whenever they have been offered.

[gateside] 05/2/2021 21:55

Interesting rise at the end of the day

[gateside] 28/1/2021 11:45

Ex dividend today

[gateside] 14/12/2020 07:18

Good Portfolio update. Happy to stay invested here.

[gateside] 07/12/2020 22:02

Their rights issue was unfortunate with its timing. Right before the market crashed in March.

[zeppo] 07/12/2020 21:54

Sticking with it for income:although the price is currently below the last Rights price which I took up.

[gateside] 07/12/2020 17:58

Solid 5.8% yield - with potential capital gain of a few % each year as well, add in that it is and very low risk, all makes for a complelling investment.

[gateside] 02/12/2020 23:29

Interim results were out on 27th November last year.No news as of yet for interim results this year

[zeppo] 15/10/2020 09:38

Fractions of pence not ADVFN shown on Financials above.

[gateside] 15/10/2020 07:17

That's what they have paid for the last 5 quarters

[zeppo] 15/10/2020 07:00

RNS today:
'The Directors of the Company have declared that an interim dividend of 1.5625p per share will be payable to holders of Ordinary Shares as follows in respect of the three-month period ended 30 September 2020:'

Is this a slight increase?

[gateside] 21/8/2020 14:53

Nice rise over the last month.With the equity raise at 112p at the beginning of the year, I don't see there being any selling pressure till at least it's above 112pMore than happy to hold.

[ukneonboy] 19/8/2020 14:00

Although I liked the article recommending SEQI in the Daily Telegraph about a month ago I'm starting to think that SEQI shares are starting to look a bit expensive (over priced) at 109p each.

Latest declared Net Asset Value 98p each which implies a 10.7% premium to Net Asset Value.

Think I'm going to sell and wait for the SEQI share price to fall back to nearer the N.A.V before re-buying.