Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
To deliver a long-term, stable income to shareholders from a diversified portfolio of infrastructure investments positioned at the lower end of the risk spectrum.
Find out MoreLondon South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
today 1.87p per share
Ampthill, a month has gone by with little rise so now is your time for your second tranche I think. 3 month MACD is just about to cross upwards. Divi coming up as well.
Have just bought back in as we are nearly touching the bottom bollinger band - hopefully we can now go north - if not will buy a second tranche and enjoy the divis.
Divi is 1.81p per share and the sp only closed down 0.8p. Decent result there.
HICL offers 4.8% inflation linked dividend: HICL Infrastructure the FTSE 250 investment fund, remains an excellent income option, offering investors a prospective 4.8% inflation-linked dividend. The £1.5 billion infrastructure investment trust, set up in 2006, was one of the first of its kind. It was born out of the era of the public private partnerhips (PPP) that encouraged private investment to build public assets. Initially, construction firms build the assets – normally projects such as hospitals and schools – and, when they are completed, they are sold to funds such as HICL, which receive payments for owning the asset. At the most recent valuation of the fund in March, HICL said its portfolio of investments was worth £1.5 billion, with an average asset life of 22 years and debt agreed for 20.3 years. On that basis the shares at their current price are trading at a premium of about 22% to a net asset value of 123.1p per share. However, the company has raised £50 million in equity and purchased a number of assets since the March valuation. Part of the reason the premium exists is because HICL has said it expects to pay a dividend of 7.25p for the year ended March 2015. The dividend has increased by 2.2% for every year since 2006. That payout currently offers a forecast yield of 4.8%. The shares have raced away this year and are up 13.5% since we said buy (132.5p, October 22 2013), but that recommendation remains. HICL Infrastructure at 150.1p-0.5p Questor Says “Buy”.
Maybe boring but sp has still risen 8 or 9% in a year plus decent dividend. I wish I had put less in AIM and a lot more here; boring can be good.
Thats the beauty of Guernsey and Jersey registerd shares. Hands off Georgie boy!! Had the dividend paid in today as well.
I see the NAV being very volatile since October. It showed a discount of 12.55% Oct 24th, but now is at a premium? Am I right?
That's the most likely reason. May drop a bit further on news of how many will take the scrip. I just plough my dividend back in on auto.
HICL is ex dividend today 3.5p per share so it is actually up a bit
Not sure why this is down - interims RNS looked rather good to me - investments up, NAV up, profits well up, eps well up, interim div up (ok not by much but HICL divi is already high and has often been flat).
Sorry I scared you. I didn't mean to.
My God! A voice in the wilderness, we is not alone!!!
very quiet on here. Stll paying above 5% and has looked pretty steady over the last few years.
Is that because this is such a good stable share there is nothing to say about it. PS. Does anyone know when the next dividend date is?
It has bolstered the forthcoming issue by giving out a new net asset value figure, as at the end of December, of 115.8p, excluding any dividend income. The share price, 1231/2p last night, therefore trades at a 5 per cent premium to this, about the middle of the normal trading range. Worth holding for that safe yield, then, if that is what you want from your investment, Tempus says.
With a market capitalisation of more than 1.2bn pounds, HICL Infrastructure Company is the biggest infrastructure fund in Europe concentrating on social investments such as schools and transport. But it is not an easy company to understand. HICL specialises in investments in assets that have an assured income stream stretching out for decades. Its business model is to go out regularly into the market and issue fresh shares to fund the pipeline of investments it can detect. A further fundraising is in train, with details expected in a couple of weeks.
Graham Picken, Chairman of HICL Infrastructure, said: "The directors are pleased with the operating performance of the business and the formal completion of our last remaining asset in construction, the M80 motorway in Scotland. "With seven new investments and one disposal since 30 September 2012, the investment portfolio now comprises 79 social and transportation infrastructure projects in the UK, Europe and Canada. As such, the company offers investors access to not only the largest and most liquid listed social infrastructure investment vehicle of its kind in Europe, but also a portfolio of assets positioned at the lower-risk, lower volatility end of the infrastructure spectrum."
The net asset value (NAV) of listed infrastrcture investment company HICL rose 1.6p per share to 115.8p in the period from October 1st to February 11th, an interim management statement has shown. The company reported that the NAV grew to 115.8p per share from 114.2p per share compared to in the predeeing quarter, driven primarily by increases in market prices for UK private finance investments and public private partnershuip investments. During the period, the group reported having acquired seven new UK investments and two additional stakes in existing investments for a total consideration of �143.8m. It also completed its contract on the M80 motorway in Scotland.
Slight drop today presumably due to placing possibility. Should come back up as decent yield and further investment will be good in the long run.
HICL Infrastructure Company has acquired the remaining 10.1 per cent equity interest in the Sussex Police Authority Custody Centre's PFI Project. The project includes four new custody centres in Sussex for the Sussex Police Authority over a 30-year concession, due for completion on November 2032. The infrastructure investor now has 100% total equity and loan note interest in the project following the transaction with Reliance Sussex PFI. HICL paid £0.53m in total consideration for the acquisition, which was funded by the group's existing cash resources. The company also announced the formal Completion of the Works certificate has been issued on the M80 Motorway DBFO Project. HICL, which was the first infrastructure investment company to be listed on the London Stock Exchange, has a portfolio of 78 investments and a market capitalisation of £1,170.45m.