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Infinis energy ipo
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# 1
Party_Animal
Old 08-11-2013, 12:57 PM
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Default Infinis energy ipo

Just got this one through. Deadline next Wednesday. Any thoughts?
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# 2
chucknorris
Old 08-11-2013, 1:06 PM
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Originally Posted by Party_Animal View Post
Just got this one through. Deadline next Wednesday. Any thoughts?
I am also wondering about this IPO.
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# 3
srcandas
Old 08-11-2013, 1:17 PM
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I think it is a bit like Merlin. You can't lose much but equally you ain't going to clean up.

But I like what they do so I'll consider it charity if I lose a bit

Just £2-3000 for me and these I might hold as I'm very light (haven't got any ) in this sector
I believe past performance is a good guide to future performance
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# 4
Party_Animal
Old 08-11-2013, 2:25 PM
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I think there is some momentum following the success of the Royal Mail and Merlin launches and ordinary people are buying shares. Reminds me of the days of Mrs T. I'll certainly be having a look.
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# 5
srcandas
Old 08-11-2013, 2:35 PM
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Originally Posted by Party_Animal View Post
I think there is some momentum following the success of the Royal Mail and Merlin launches and ordinary people are buying shares. Reminds me of the days of Mrs T. I'll certainly be having a look.
I think there is momentum but do remember the institutions account for as much as 90% so the impact of us minnows is negligible.

But that said the institutions seem short of ideas in the current climate and have incoming funds while interest rates stay low so they seem to be welcoming IPOs

But after Infinis I see the next cluster of expected IPOs to be as exciting as a raw squid. Only thing on the horizon that appeals to me is if the government give away Lloyds bank as a thank you and election booster
I believe past performance is a good guide to future performance
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# 6
MABLE
Old 09-11-2013, 9:22 AM
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What I like about Infinis IPO there is a lock in period of between 180-165 days before any shares can be sold by the directors.

Also with Merlin I sold out yesterday at £3.55 as i need the proceeds for Infinis.
The day of financial judgement has now arrived.
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# 7
JoeCrystal
Old 09-11-2013, 5:34 PM
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Well, I do like the sustainable energy company and thus will be investing in this company. However, I do wonder just how it is sustainable for the company paying out £55 million per year. While the accounts do look complex (as befitting for a company that potentially worth £855 million), the finance cost looks quite high to me. Debts are high like successfully refinanced its 2009 bond with a new £350 million bond (due in 2019). It got a borrowing of £591 million at March 2013 account for example with few more borrowing.

My sustainable investment is only at the maximum of £618 each this year so if it does go into trouble, ah well.
Attempting to build Sustainable Portfolio with twenty new companies. Bought ACE, BSIF, EDEN, GOOD, GRPH, UKW, ONE, TRIG and VRS so far.

Last edited by JoeCrystal; 09-11-2013 at 5:49 PM.
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# 8
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Old 09-11-2013, 6:20 PM
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The gov dont own lloyds to give it away, they sold their shares which is good because its cost funded by taxes otherwise

I looked at the Infi ipo and I checked for growth and really not seing much. The Severn tidal power project, thats the biggest prospect but not a mention of catching that.
Sea Energy is cheaper, Im sure theres others. Even BP is better, some of theres is renewable
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# 9
Northern_Light01
Old 10-11-2013, 12:31 AM
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It just so happens that I stay in the cold, far flung and poor North East of Scotland where we kind of specialise in things energy related. So I'll be spending much of tomorrow looking into this as an investment vehicle.

But the chances are that I'll come to the conclusion that the likes of Shell, BP, AMEC, Wood Group etc will be both safer and just as rewarding as Infinis in the long term. Interesting all the same.
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# 10
srcandas
Old 10-11-2013, 8:42 AM
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But the chances are that I'll come to the conclusion that the likes of Shell, BP, AMEC, Wood Group etc will be both safer and just as rewarding as Infinis in the long term. Interesting all the same.
Not sure many consider this an alternative to say BP or Shell. I see it as an opportunity to diversify a portfolio at a discount. IPOs tend to be priced to sell and come with a stag option should they be over subscribed. Of course there will be losers but that applies to any investment.

While Infinis might have a downside I can't see it being big. They are revenue earning with a product that keeps going up in price and could be in short supply. The lion's share of their revenue comes from landfill but the hydro and wind generation gives then diversification.

Pitching it as a divi m/c seems quite clever in current times so as less than 2% of my share portfolio I'll almost certainly have a nibble. But not till the last moment. With Merlin we knew they were over subscribed prior to the cut-off. Same might happen here
I believe past performance is a good guide to future performance

Last edited by srcandas; 10-11-2013 at 8:55 AM.
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# 11
srcandas
Old 10-11-2013, 8:53 AM
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Quote:
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The gov dont own lloyds to give it away,
Sabre I admire you confidense in our government but if giving away a few shares to the electorate wins the next election I'm not sure the conservatives will worry about a little bit more debt. After all they will argue that if they lose the election the Lloyds debt will be nothing compared with a left spending spree so they can even justify it

And if they think like the doom merchants on this forum they can even justify dumping it at a huge discount before the markets suffer a massive correction

It has of course already been proposed some months back in government circles that a give away to the UK tax payers would be good and generate a feel good factor
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# 12
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Old 10-11-2013, 2:07 PM
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They would lose credibility, the average voter wont care but it would contradict their own policies so I guess opposition would use that

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can even justify dumping it at a huge discount before the markets suffer a massive correction
Well the price isnt mattering as much as the long term ability to pay out. I think their foolish mistake will be in the form of continuing to favour Lloyds with cheap debt so that it can pay to gov earnings.
Maybe not in value but inflation helps large debtors greatly. So I think there is no rush, mortgage holders will repay Lloyds and so the bank can repay the gov. In theory eventually Lloyds can buy directly all shares back from the government.
Vendor finance - gov could guarantee a loan for Lloyds to then enable a share buyback or similar ideas

Compare it to QE, its probably quite similar, Lloyds is receiving money from BOE then giving it back to the treasury

Just dumping cheap shares, we should be so lucky. It'll be done via high finance, the gov will eventually be able to laud this return of capital and this does help their credibility on all fronts - to win the average clueless voter they can lower tax by a penny or something

The alternative is gov selling shares to public but I dont think this'll happen. TSB is the closest we get to the process
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# 13
CheekyMonkey
Old 12-11-2013, 2:04 PM
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Can anyone recommend a broker for this IPO? I assume they are all very much the same.
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# 14
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Old 12-11-2013, 2:27 PM
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Can anyone recommend a broker for this IPO? I assume they are all very much the same.
You could use the jarvis x-o site, charges £5.95 per trade. I used them for Merlin with no problems (and am likely to use them for Infinis)
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# 15
Basil74
Old 12-11-2013, 2:53 PM
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I'm thinking about going in for about £3-£4k, am I likely to get what I've asked for or will it be scaled back due to oversubscription?

I'd very surprised if this one is oversubscribed, there has been virtually no promotion or discussion of this particular IPO that I can find anywhere!
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# 16
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Old 12-11-2013, 2:55 PM
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You could use the jarvis x-o site, charges £5.95 per trade. I used them for Merlin with no problems (and am likely to use them for Infinis)
Thanks......I've also heard good thinks about X-O.co.uk

Just didn't know if there was a broker that was better for building up and monitoring a portfolio.
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# 17
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Old 12-11-2013, 4:55 PM
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There is always H&L if you want everything absolutely spoonfed to you (nothing wrong with that, my parents swear by them), but they are expensive, however they are easy to deal with if you are a novice their customer service appears to be excellent.

Personally I think it will be oversubscribed, I've gone in for £3000, but I will be happy enough with half of that
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# 18
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Old 12-11-2013, 5:30 PM
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This is literally the only thread i could find on this IPO. I was just wondering whether anyone had had any consideration over the mutterings over the government changing its tax levies on green energy?

and if they were to go ahead how quickly? and how much this would effect a company like Infinis (which has a small profitable revenue stream through wind)?
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# 19
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Old 12-11-2013, 5:40 PM
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This is literally the only thread i could find on this IPO. I was just wondering whether anyone had had any consideration over the mutterings over the government changing its tax levies on green energy?

and if they were to go ahead how quickly? and how much this would effect a company like Infinis (which has a small profitable revenue stream through wind)?
I'm also finding the same, there's been virtually no hype, information or discussion at all about this IPO, I don't know if that's a good thing or not??...

It's either being kept a very good secret by people in the know, or it's such a bad proposition it's not even worth considering!!
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# 20
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Old 12-11-2013, 5:49 PM
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Im in for a bit of cash, thought id take a punt and like the idea of some do gooder environmental in my portfolio.

I'll probably sell if its up 15%+ in first week, if not it'll be a long term hold.
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