Member Info for teamwork86

I suspect they "kitchen-sinked" this report and the NAV is reflecting the worst case scenario of declining long-term power prices and rising corporation tax. I'm still puzzled as to why a debt-company is exposed to declining power prices -don't the operators of renewable infrastructure have to repay their debts regardless of the price at which they sell their power?

The primary bid offer for Digital 9 closed at 2.30pm today. The app seemed to have crashed as it wouldn't respond to me and I called someone else and his app also wasn't responding, so it seems they can't cope with the traffic near to deadlines.I got a market buy quote at 106.39 to buy DGI9...so there's a premium now to the PrimaryBid price.

It's a good sign when a company that has recently raised money is able to invest it quickly rather than sit on the cash (e.g. there was US Solar Fund that took ages to invest their cash and that was a big drag on performance). I see this primary bid offer as a good sign that they see suitable investments.

The recent RNS shows that they have announced a dividend of $0.0075 for the quarter. So over 4 quarters that will be $0.03 cents. 3 cents on a share that's $1.06 is even less than a 3% yield. There are better yields available on other shares, including with Hipgnosis Songs Fund. Am I missing something here? E.g. Is there any chance the dividend will be raised?

Also... Which institutions are you aware hold this Stock?

I bought this with the Primary Bid offer but it took so long to be credited my shares that they had fallen substantially by the time I received them. I have no idea what the business does... Is it something like VOIP calls?

Thanks for that post -a very detailed analysis.

I'm looking at buying into this fund, but I notice from charts that the share price dropped about 80% at the end of 2018. Is this correct or did they do some corporate action such as a share split or paying a special dividend? Thanks in advance.

I see your point, but I can also see GCPI as very. similar to a government inflation linked bond or TIPS. That's to say, if inflation rises, the yield should rise and the capital value therefore increase as well. If market interest rates go up, fixed returns become worth less, but with this I think its returns are index linked and default risks are very low.

There have always been overdone periods of fear in infrastructure funds and they have always recovered. Remember when Corbyn threatened to nationalise them all without compensation? And GCP was at that time the safest of the bunch due to being a debt fund. It still is the safest, has the best management team and best company structure backing it. The market is totally irrational in valuing this at the moment.
Where else can you get an inflation linked yield of 7%? And most of the borrowers are governments or government backed that can just print money to pay you back.

Most of the "non-mining" primary bid offers have risen after the offer. They are only raising £1m I believe so should easily hit their target. So I bought tonight.

I had a disappointing experience with the Primary Bid offer a few months ago for Shanta Gold, and I saw Serabi's offer this evening as having the potential to similarly disappoint. Small gold miners are very unpopular and all mining companies burn a lot of cash getting mines into production. I also bought the Bacanora Lithium offer via Primary Bid at a 23% discount I believe - but that discount quickly faded away.

And I'm still a holder but I may sell if it hits 26p

And here is the interview with Share Talk-within the first 30 seconds the interviewer says: "You've bought 98m shares in the market, that obviously shows you're quite keen about your company, or does it?" OF replies: "Well of course it does otherwise it's quite like committing Hare Kiri."

https://podcasts.google.com/?feed=aHR0cHM6Ly9hdWRpb2Jvb20uY29tL2NoYW5uZWxzLzQ2OTAxNjcucnNz&ep=14&episode=dGFnOmF1ZGlvYm9vbS5jb20sMjAyMC0wNS0xMTovcG9zdHMvNzU3OTA2Nw

The fact is I usually use ADVFN but the chat boards are very quiet there on this stock, so I specifically signed up to LSE in order to ask the question, and then forgot my password and email address that I used for the last week.

Sorry about the misspelling- so it's Oisin.

And I'm the kind of person that has lots of positions so I don't keep up with the RNS that come out on individual stocks. I can't use traditional valuation methods on this stock because it's not a conventional structure so I preferred to shadow the director when he bought as I assumed he had enough knowledge about the internal situation to not feel that his £20m was at risk. He even gave a podcast interview in May stating that he was fully confident that he would make a large return on his £20m.

Well turns out that he doesn't have £20m!

This is the RNS of December that I'm referring to:
https://www.lse.co.uk/rns/SLE/director8217s-dealing-and-holding-in-company-a0hofqv2m1l8m3o.html

I mean RNS in "May".

Thanks for your reply. I agree completely. It looks like a false statement made in March.

Sorry for the late reply but I only recently signed up to LSE and I was struggling to remember how to log back in.

I originally bought this stock because I saw that the CEO, Eoin Fanning, bought £20m worth of stock last year. I only just now noticed an RNS that he didn't follow through with the purchase and claimed that he couldn't get financing.

This sounds extremely dodgy. He was just ramping the shares with a dummy purchase that he didn't follow through with.