Sequoia Economic Infrast... Share Discussion Threads

[gateside] 09/6/2021 13:43

Received yesterday from ii

[cwa1] 09/6/2021 12:36

NOT in at iWeb. In elsewhere

[mackie] 09/6/2021 12:34

Dividend was due yesterday but still waiting, anyone else waiting?

[gateside] 28/4/2021 10:35

Goes Ex-dividend tomorrow - 1.5625p

[speedsgh] 21/4/2021 10:47

Dividend Declaration -

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 31 March 2021:

Ex-Dividend Date: 29 April 2021
Record Date: 30 April 2021
Scrip Reference Price Announced: 7 May 2021
Deadline for Scrip Elections: 24 May 2021
Payment/Allotment Date: 8 June 2021

Dividend per Ordinary Share: 1.5625 pence per share

Dividends will be paid gross of tax.

[cwa1] 21/4/2021 08:19

Taken a few at 106p, more or less, on yield considerations. Continued progression on the NAV front would be acceptable too :-)

[cocopah] 16/4/2021 16:12

Latest NAV today up to 103.18. Four new investments (telecoms, healthcare, solar and potash)and three settlements.

[cocopah] 21/3/2021 13:24

Speedsgh ... interesting that the corporation tax changes are seen as being neutral for SEQI, the NAV is holding up well ... yet the premium has completely disappeared. I know the capital raising was disappointing however SEQI seems out of favour atm.🤷‍♂️

[cocopah] 17/3/2021 18:00

Some significant sales posted by/at the end of the day. The NAV seems to be OK despite not for offering sufficient discount to fulfil their ambitions. Thoughts?

[speedsgh] 12/3/2021 11:05

NAV increased from 101.23p to 102.04p...

NAV and Investment Update -

[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.