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Could this be Barclays stabilising the share? If so what would have happened if they were not doing this? Would the share price drop significantly?
I like the 100k placed every 2pence on level 2, suggests strong support to stop fast falling, but a rise? So no Friday rise. Just going to need monitoring
INFI looks set to rise next week as it's still below the IPO launch price. My prediction this week in to hit £2.75 by end of next week as it's currently yielding over 7%. Great.
INFI didn't get the media publicity hype that RMG got. However, after getting rid of the faint hearted, declaring the results today and a publication of one or two ratings from brokers in a week or two, we will see the stock start to climb. So are you a faint hearted? press the sell button now! Stubborn moustachioed men and women press the hold button!
I've just read today's report. I can't see the declared dividend. Anyone? http://www.infinis.com/investors/results-presentations/
Infinis is an income and a bit of growth play with wind revenues either via the RO (Renewables Obligation) and the UK power price or from landfill gas. The landfill gas will decline over several years whilst the gap in revenues and profits will be compensated for by the growth of the wind portfolio. Unlike Greencoat the dividend is well underpinned by EBITDA and EPS (although it is paying out all the EPS as a dividend this year). The yield on the shares is around 7% so if you buy a share at 260p you will get around a 18p dividend (I cant remember the exact p for the year but around 18p). That should grow slowly and above inflation. If you invested your money hoping for a quick Royal Mail then you don't know what you are doing I'm afraid. This stock is trading on around 8x EBITDA which is okay but not outrageously cheap. I have invested for a really good dividend backed by stable RO and landfill revenues growing over time and a good management team. I think I may make a few £ capital growth over the next few years but this is mainly income.
Hi Pals, Kindly shed more light on the dividend payment...what percentage of what is the dividend...7% of inifinis profit, 7% of what I invested? thanks...I cant seem to have any good reason to keep my money here as shares appears to be falling with no prospect of rising even on a day profit was announced.
I think the results are good but they're only in line with what was previously announced. I'm in and staying in but don't expect we'll see much movement today on the back of these.... I'm content but don't think there'll be any soaring. Very happy to be proved wrong though.
I agree. that is taking the ****.
Bonus target agreed on the 1st of November 2013, achieved on the ??? That is dubious to say the least. Sorry that is just snouts in trough. Not impressed.
Fantastic news we can see this soaring today.
news is good for us so we should see a good day today . up up and away . that's remind me but get going off to Cornwell for weekend .
Looking forward to the RNS in a few hours time. Hopefully very good news about their Profits which should send Infinis up to £3 per share. GLA
I think its the old fashioned case of "sink or swim" tomorrow. If they were 100% factual/honest in the IPO documents, we shouldnt be in for many negative surprises. If on the other hand theres a nasty surprise, no amount of future dividend references will make a difference.
This INFINIS should be on everyone's radar tomorrow with their Profits Results out. Surely this will rise at least 5% tomorrow or £3 a share would be great which is still 10p less than the top of the IPO range.
Sorry made a typo, the 1st line should read the IPO was introduced at the lowest
It’s an interesting situation. The IPO was came in at the lowest end of the price range 260-310 and yet we were given to believe the IPO was oversubscribed (otherwise why would they ration the allocation for initial purchases over £1,000). I can only assume Barclays are still acting as a stabilization manger using up a portion of their 13 million shares. Having said that, there has been a distinct lack of volume today so Barclays would not have had to intervene. There are no broker views as yet so it won’t be high on many investors radar but you would have thought as one of the few recent IPO’s, the market would still be watching and waiting for an opportunity. Anybody any ideas on the stall on the sp?
Good Afternoon. I was stopped out @ 2.61 here. But isn't it true that stabilization is still in play by Barclay's, which stops large SP fluctuations ? Does anyone know how much fluctuation can occur within this form of market manipulation ? GLA still invested.
Not long to wait for the 1st results for INFI, hopefully be very good and instantly send this share up tomorrow by at least 5%. We are still hovering around the IPO price.
sircliff, I like your enthusiastic optimism and belief in this share I hope it rewards us all.
RNS out this Friday
Looking for the sp to go above 260 tomorrow and results on Friday.
Infinis was never really likely to have the same massive uplift as RMG as there wasn't the same amount of rabble-rousing media coverage prior to the IPO. So I don't think we have to worry about the "lack" of huge uptake just yet. I think that until Infi has published the results of the first full quarter as a publicly traded business there won't be much interest. I think the market has a long memory and the fact that Infi is a Guy Hands/Terra Firma creation is a bit of a put off for some (for a lot?) after the problems with EMI. It's a case of "only as good as your last job". Another thing is that currently there seem to be no brokerages covering Infi, again probably down to a lack of financial results as a public company. Once the brokers start covering Infi there'll be interest from the investment houses and pension companies as they (are sheep who follow the herd)...err.. will have opinions that they can follow. So Infi needs to have at least a set of results for the first quarter, and probably a whole year as a public before there'll be real "trust" in it as a business, I think. One big thing that could possibly spell "game over" for Infi for the near to mid-term is the talk about fracking in the North West. Apparently the UK is sitting on potentially the largest deposits of shale gas in the western hemisphere and if the hurdles to getting that out the ground are crossed then that'd mean huge amounts of cheap, readily available energy in a form that is already known and used could come online. Who would need wind power and landfill gas generators then? Of course, the hurdles in place are huge, public opinion, environmental concerns, practical logistics and the rest. As the SP is no longer bouncing back to 260 I guess that means the price stability fund has finished, or been stopped so we are now walking the tightrope without a net. One thing to keep an eye on is that the clock is ticking for the UK energy market. More and more conventional power generators are going offline and there are very few replacements currently lined up to take their place. even then those that are likely to happen won't be in full production for upto ten years. That one big potential gap to fill in a world where energy usage is only increasing. As such, Infi "could" play a major role in plugging the gap in the market, at least until the conventional energy companies can make new capacity available. We "could" be at the start of something huge here, only time can tell. Just keep your eyes on what the news brings and be prepared to move quick, one way or another, if you feel the need to. Best wishes and good luck everyone.
Known by whom outside the board and advisors? As far as I’m aware they have not been published. The income rates were already given in the prospectus.
Surely the results (to 29th September) will have been known before the IPO. The key will be any forward indications of earnings, and as this is an income stock, confirmation of dividend rates.