Can't you post anything vaguely enlightening instead of rehashing RNS's? Not hugely helpful in truth
Infinis would meet full year result
Infinis said day ahead pricing and operating costs were in line with expectations, and said its operational performance meant it would meet management expectations for the full year. The company has already said the removal of climate change subsidies would reduce its earnings in the current financial year by £7.5m. Landfill gas output was down by 6%, which the company said was due to a combination of the natural decline in landfill gas, drier weather conditions and planned full grid outages at two of our larger sites initiated by the local network operators which lasted for 11 days. The company's onshore wind business exported 152 GWh in the three months to 30 June 2015, which was an increase of 46% from the same period last year.
Guy Hands wants to shake on it
If all U Guys like infinis buy shares more and Guy Hands might shake on it and give u his shares cheap !!
RE: Infinis futures
The reason why this is dropping is several fold. Firstly, the RO support is being cut a year early. Secondly, the project finance market has closed until the legislation is passed by Parliament which will be next year. That may mean a lot of RO projects fail to get built. Possibly some of Infinis's. Thirdly, the have cut the LEC which provided around £8-10m of income for Infinis's wind and LFG assets. Fourthly, the Terra overhand. Fifthly, it was overvalued in the first place. Sixthly, this Government clearly hates renewables so there is the "what will they do next" discount. Seventh, are Infinis's tight leverage ratios ok? Eighth, what will the dividend be? Ninth, the Gov has just announced another assault on renewables today by proposing to cut solar and wind FiT subsidies. There are a few more but those are the main ones. Intrinsic value wise this is now cheap. Will it go up in the short term? Absent some exogenous factor, no!! But the equity is cheap.
Ok i thin why this is droping . 1 goverment help is to be reduce from next year , but still some help on offer subs!! 2 Guy Hands who wons 70 per cent of infinis is seeling his stake slowly. 3 lots of bussiness are buying in cheap the 70 per cent . 4 oil prices are at all time lows, landfill sites burn menthane from the ground . 5 worry diviend maybe be reduced due to high yield approx 14 per cent due to share drop. 6 cash 7m less this year and 11m next year approx, due to goverment subs taken away But all this still long term 2017 at least 16 new wind farms and more growth . This is a long termer share and the chairman is very postive statements.
Yes agreed Faramog this is definitely a case tuck it away in the back of the drawer and wait for that rainy day. When the ownership does finally get sorted out things should well improve. Lets hope the dividends maintain a healthy level in the meantime while we await the dizzy heights of the IPO price of £2.60 per share. Not this year that's for sure. Into 2017 is my guess. I am not selling at this price however
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