Member Info for Amirkat

17/5/2047. Two days before the end of human civilisation. Be lucky and if you can’t be lucky, invest in Petrofac.

More caution than normal last week I think from the traders. Where are the usual members of the kerching club heralding their own money making savvy? I didn’t buy either and now I’ll have to keep wearing underpants with holes in all the wrong places.

Bond yields going higher. If they fall back this may rise. Seems to be an inverse correlation. This stock and others like it less attractive when investors can get an equivalent yield at zero risk.

“ All of my trades have been successful” ; perhaps you could also add :- All of my girlfriends have been supermodels, all of my runaround’s have been super cars and all of my words have been written after sniffing Superglue. Here Endeth wot I cawl sat ire.

Potholing. Start at ground level. Follow the path ever tighter, ever narrower and finish up trapped a lot lower than you began. Experience the thrill of near suffocation, risk being drowned in a rising flood. Emerge blinking into the light, cold, wet, thankful just to be alive and promise never to do it again. Sounds like investing in dear old Harbour.

Just got back from Clown school. You can’t invest in this beauty if you’re not a clown. Red nose, big shoes, and no money left to fix my broken unicycle. What a clown.

Swaps. They do the same on HBR. Tended to increase position before a downtrend. Not necessarily a good thing.

Never pin your hopes on Grant Schapps. Unpin them and put them back in your pocket. I can already hear the wails of disappointment as another government letdown lands on the table.

Nuttbag

Are you a farmer? Less cows. Who cares? Try HBR chat, those guys love a conspiracy theorist in full flow. Bike lanes everywhere in prep……. For what? The Tour de B u L L SH I T.

Me too. After a tough week, a nice littLe gain.

Helpline didn’t help. Stiff drink needed.

If I just lost £2k I wouldn’t feel happy about it. More anger and abuse directed towards perfectly decent investors to follow. Ring a helpline.

If interest rate sensitivity is responsible for the recent drop then I guess we have to hope that the move up in bond yields over the past few weeks starts to plateau. I mistimed my purchase at 130p but there’s far worse mistakes to make with regards to investments.

Times tempus column 2nd March; The end of easy money flooding financial markets has forced investors to take a more scrupulous look at the rush of green energy and infrastructure funds that have established themselves over the past decade. Scale and diversity are two major hallmarks of quality. Trig possesses both. The fund which has amassed, net of debt, wind, solar and battery storage assets across Europe worth almost £4 billion, counts as one of the 20 largest groups within the FTSE at its current valuation- even after a slippage in the share price that has accompanied the rise in interest rates, a fall that has left the shares trading at a 7 per cent discount to the value of its assets. Having a tie to inflation within the income stream provides some protection against the increase in interest rates. The upshot? The NAV pushed on 13 per cent to 135p a share. More than half of its cash flows are derived from government subsidies, which rise in line with either retail or consumer price inflation. The rest is sold into the merchant power market, which has enjoyed a bigger surge in prices. The skew might have detracted from income last year, but it also provides greater visibility of what the fund stands to bank as energy prices ease over the course of 2023. The windfall tax on renewable generators is also now accounted for in the NAV, which removes an other strand of uncertainty. Bar 2021, the fund has paid out a rising dividend every year since it listed 10 years ago. This year it expects to continue that record, targeting a dividend of 7.18p a share, which leaves the shares offering a potential yield of 5.8 per cent at the current price. Dividends have been well covered too, with cash flows equating to 1.55 times the amount returned to shareholders, even after debt repayments. The boom in energy prices means there is more excess cash to pay down project-led debt which stands at around £2.3 billion and is mostly at a fixed rate until maturity.
Trig is one of a diminished number of infrastructure trusts that should still stand up to scrutiny.
Advice ; Buy
Why ; The shares offer a solid dividend and trade at a decent discount to NAV

You’re right. Makes no sense. Sometimes sell-offs occur after good results. With regard to buying shares I think it pays to be irrational, reckless and delusional. None of the so called experts that I watch on cnbc saw the huge market rally coming when asked for their 2023 prognosis. Hopefully this doesn’t become an entrenched move downwards on trig.

Are stocks such as Dec suffering at the moment whilst risk assets have been booming. I bought in here for some safety from the storm, ironically just as the storm failed to materialise. I console myself that those chasing gains in risky companies may be hit hard by sharp reversals. The Nasdaq can only go so high in these economic circumstances. At least we get some income whilst we are playing patience.

The top of Everest is littered with corpses. Perhaps hedge fund managers who overestimated their abilities. I have no head for heights which is why I took a tiny profit back at 145. Viewing you all through binoculars. Good luck.

King Charles abdicates to concentrate on pottering about in his garden shed.
Fed next Wed 0.5%?> market wobbler?? I miss 2022’s atmosphere of doom.

Your punchline failed twice. Exciting is not exiting. Perhaps you struggle to insult people in print. If so consult a thesaurus or any of the other more successful nasty Nigel’s found on these boards.