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Hi Parkside I believe the term is called shaking the tree. I'm still looking into what recourse I have. Infinis shares should have gone up the day before ex div as there were 3 times more buys than sells. Instead the fell to 180. The next day they were taken down again by mm's despite more buys than sells so not the usual SP fall once INfinis went ex div. Speaking for myself I couldn't afford to take a loss of more than 30 percent on my share that's 12 k. I sold them when they were at 1.46 purely out of fear that i couldn't afford to lose any more. This kind of behaviour by the mm's should be illegal if it's not. Every one knew weeks ago that the subsides were going but this didn't affect the SP As buys were 3 times the sells. Despite selling I will watch with interest tomorrow. The price might be falling now as investors like me sell out of fear of the SP being taken down by mm's but how low do they intend to drive this Sp down ?? From what I can see maybe I should have held out as the mm's will probably force the SP back up again when they have bought enough shares off small investors panic selling. How low though before this starts to turn ??
Thanks FL Maybe i will try 1 of these legal firms that keep badgering me. Have you been injured at work, No but I have just been ripped, off along with a lot of other people !!
Just sold 15000 shares at 1.46 because i couldn't afford to lose any more A loss of 12 k although there is the dividend to look forward to !! What a f*cking nightmare how can the mm's keep forcing the price down and manipulating the market. There must be laws against this kind of thing !! Wheres it going to end, do they just keep taking the price down forcing people to sell out of fear !! Absolute ****s !!
To anyone out there who is watching their SP be forced down in this way please email 'whistle@fca.org.uk' The more complaints they get the more likely this will get the attention it deserves. how can they keep on doing this ??
I have just emailed 'whistle@fca.org.uk' who i believe are the right people to report this to in the FCA, I suggest others do the same go give this some momentum. If its not illegal it is unethical and someone needs to be held accountable !!
Thanks for the response FM. If the curly haired tw*t Guy Hands was to find a buyer now prices have been slashed to bargain basement prices are these likely to go up again??
Would love to know what if anything can be done about this. have been on the worst financial rollercoast for over a year now with these and thought my ticket out would be yesterday. Is there any chance of these bouncing back after all this settles down or are we going to be shafted again and again by mm's.!!
I'm now looking at 10 k losses due to this SP Manipulation, As fatlad has said not Market driven but caused by the actions of the MM's. What now? Is this market manipulation going to continue ??
This SP was driven down massively this afternoon the day before going ex dividend. Once again the markets seem to be manipulating the SP but why today?? Greece's situation is not likely to have an impact. Neither is the budget or China.. Somebodys making money out of this at our expense !!
Can't believe how low this has gone. Hopefully the next rally we can look forward to will be just before the next dividend announcement. Last time we saw the SP go to 239 ( despite the announcement to sell the remaining interest ) Apparently the rules are if more than 1 percent of a companies controlling stake is being sold the seller must declare their intentions to sell. wouldn't it be better to sell smaller amounts and trickle feed the market whilst retaining the SP ??
As an invester from the start watching a diminishing 40 k investment I think i speak for many when i ask for an update. We have had a lot of ups and downs and then just after we got through the risk of devolution ( which we knew was a risk ) we have Guy Hands unconsidered announcement single handedly slashing the value of our shares ( and his own ) nice one Guy !!. Please may we have a status update ?
Infinis Energy Plc, a U.K.-based clean-energy developer backed by Guy Hands’s private-equity firm, signed a deal to supply Lloyds Banking Group Plc with renewable power from landfill gas sites. Lloyds will buy about 113,800 megawatt-hours of clean energy from Infinis every year for 10 years. That’s enough to power about 1,700 of its branches, Infinis said in an e-mailed statement. No terms were disclosed. “Corporations are becoming increasingly sophisticated in their understanding of the energy market and how they can interact with it,” Eric Machiels, chief executive of Infinis, said in the statement. “There is tremendous scope to expand and deepen the use of this particular power-purchase agreement model, which provides Infinis with guaranteed and stable revenues despite the volatile power markets.” Infinis on Feb. 16 said it’s set to deliver as much as 150 megawatts of onshore wind power by 2017. Hands’s Terra Firma Capital Partners Ltd. in December said it’s considering selling its 68.6 percent stake in Infinis.
Can anyone advise why the Infinis SP fell so much in the last few days? What changed in the last few days, other than the SP. Thanks.
Does any one have any insight on Infinis? How long is the bid period? what if scenarios would be great if one of you educated share people have the time and inclination to share;0)
With Fantastic broker ratings like this Will Infinis ever realise their potential?? Still trading well below value? November 2014 - Liberum Capital 13/11 Reiterates Buy Target 270.00p RBC Capital Markets 07/11 Reiterates Outperform Target 260.00p Barcays Capital 07/11 Initiates/starts Overweight 275.00p Beaufort Securities 06/11 Retains Buy
don't panic. stop shorting em and the price should bounce back to what they are worth !!
Infinis Energy PLC (LON:INFI)‘s stock had its “outperform” rating restated by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 280 ($4.71) target price on the stock. RBC Capital’s target price would indicate a potential upside of 35.27% from the stock’s previous close. Infinis Energy PLC (LON:INFI) opened at 209.00 on Friday. Infinis Energy PLC has a 1-year low of GBX 196.80 and a 1-year high of GBX 276.75. The stock has a 50-day moving average of GBX 214. and a 200-day moving average of GBX 240.6. Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Infinis Energy PLC in a research note on Friday, May 16th. Separately, analysts at Deutsche Bank upgraded shares of Infinis Energy PLC to a “buy” rating in a research note on Thursday, May 15th. They now have a GBX 220 ($3.70) price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of Infinis Energy PLC from GBX 250 ($4.21) to GBX 220 ($3.70) in a research note on Thursday, May 1st. They now have a “hold” rating on the stock. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of GBX 270 ($4.54).
True but there does appear to be a little support for onshore renewable energy. If it was to get back to 270 that would do for me. have copied in an article below sorry its a lengthy one, it does look like the industry is lobbying for support. Association RenewableUK has said that if the UK is to meet its legally-binding target of generating 15% of all energy from renewable sources by 2020, more onshore wind may be needed to make up for a possible shortfall in other parts of the energy mix. The warning follows comments by the Chairman of the Committee on Climate Change, Lord Deben, in The Times, in which he stated: “I’m happy that we have already got enough onshore wind to 2020 to meet that part of the portfolio.” RenewableUK points out that not all the onshore wind projects which have been approved will actually get built - about 10% will drop away for financial and other reasons between now and 2020. This means the UK could lose more than 450 megawatts of onshore wind capacity – enough to power nearly a quarter of a million British homes. So the pipeline of approvals will need to be extended to make up for this. As well as generating renewable electricity from wind and other clean sources, the UK has committed to produce a significantly higher proportion of heat, and fuel for transport, from renewables. According to the latest available Government figures, the UK is only a third of the way towards its target for transport fuel, and just a fifth of the way towards its target for renewable heat. To make up for a shortfall in these other areas, the Government could increase the amount of clean electricity to hit the overall target, as the UK is already over half way towards generating 30% of its electricity from renewables - more than half of which is being provided by wind. RenewableUK is also calling on the CCC Chairman Lord Deben to support the case for wind energy in the 2020s. In The Times interview, he stated: “It is likely that onshore wind will continue to play a part in our renewables after 2020, but it is not a decision we have to make now, and there are circumstances in which it might not. The public will decide what the balance is.” The CCC’s 4th Carbon Budget, currently being considered by the Government, envisages 25 gigawatts of onshore wind by 2030, 12 gigawatts above what the Government says we should have installed by 2020. The CCC has also acknowledged that onshore wind is one of the cheapest technologies to achieve this. RenewableUK’s Deputy Chief Executive Maf Smith said: "Onshore wind is the cheapest form of renewable power we have, so we’d expect the CCC to continue to champion it at every opportunity. “Public support for onshore wind has reached a record high of 70% according to official Government figures, so the Committee on Climate Change will want to remain in step with the majority of the British public, who strongly suppo
Its a start, like to see this heading back up to the illusive 310 again !!
Actually I wasn't thinking of selling after the ex div date as i bought in at £2.68 The div doesn't make a great deal of difference to me. Just trying to generate a bit of interest as I only saw the announcement this morning. Anything to help influence a bit of positive movement to the SP. Still trying to fathom why the SP has gone so low !!