Friday tips round-up: Schroders, Electrocomponents and 3i Infrastructure
9th Nov 2012 06:40
Tempus in The Times writes that Schroders' performance since the financial crisis started gives an idea what can be achieved if you stick to your knitting and abjure significant acquisitions, unlike other fund managers such as Aberdeen Asset Management. Over the past 14 quarters Schroders has gain
Read more3i Infrastructure overcomes underwhelming Indian summer
8th Nov 2012 11:05
A solid performance from the European portfolio more than offset an indifferent showing by Indian fund in the first half of 3i Infrastructure's fiscal year. The Jersey-incorporated, closed-ended investment company saw net asset value (NAV) per share on an investment basis improve to 121.6p at the e
Read moreEuropean assets going strong at 3i Infrastructure
27th Sep 2012 07:20
Investment company 3i Infrastructure said European assets continue to perform well however difficult macroeconomic conditions and currency movements have hit the valuation of the 3I India Fund. Chairman Peter Sedgwick said: "European assets continue to perform well, while adverse macroeconomic cond
Read moreSunday share tips: Weir, 3i Infrastructure, RBS
13th May 2012 11:41
Pump and valves specialist Weir Group has been a favourite of the bears this year on concerns the low US natural gas price would crimp orders for equipment for the shale gas industry. The boom in fracking and shale gas production has resulted in a glut of gas in the US - and it does not yet have the
Read more3i Infrastructure progresses but India drags
9th May 2012 09:15
Investment company 3i infrastructure has seen steady growth in its net asset value in the full year to the end of March but India has been a let down. Profit before tax generated by the firm's portfolio of 14 assets was £56.0m, against a prior year comparison of £85.5m, with the total return on ave
Read more3i Infrastructure struggles in India
30th Mar 2012 07:26
While 3i Infrastructure's European portfolio performed well in the year to March 31st, the infrastructure investment firm did highlight a more challenging environment in India. Portfolio income amounted to £73.1m during the 12-month period which fully covers the group's dividend distribution object
Read moreNew Homeserve director opens account
10th Feb 2012 15:23
A non-executive director of FTSE 250 emergency repair group Homeserve has purchased his first lot of shares one month after joining the firm. Ben Mingay, who joined the board at the start of January, bought himself 20,000 at 250.70p for a total of £50,140. The purchase comes just days after the s
Read moreSunday share tips: Chime, 3i Infrastructure, Secure Trust
29th Jan 2012 11:59
"Another share that has caught my eye is Chime Communications, a media agency with interests in public relations, advertising and sports marketing. Whereas the company´s profits have grown steadily for several years, the share price is similar to where it stood in October 2009. This puts the shares
Read moreThursday tips round up: Renishaw, 3i Infrastructure, Aegis
26th Jan 2012 06:58
Renishaw, the specialist engineering firm, gets the once over from Tempus in the Times. The Gloucestershire based firm, which makes measuring equipment for production lines, gained 20% yesterday after reporting record half yearly revenues, up 11% over the last six months of 2011 versus 2010. China
Read moreLondon open: Stocks up ahead of economic data
25th Jan 2012 08:39
London's Footsie opened slightly higher on Wednesday morning with the mood boosted by last night's strong showing from US tech giant Apple. In UK news, a raft of economic data is due out this morning, including the minutes from the January meeting of the Bank of England's Monetary Policy Committee
Read more3i Infrastructure portfolio performing well
25th Jan 2012 07:18
3i Infrastructure, the company that invests in infrastructure projects worldwide, said its portfolio continues to perform well and is delivering a good yield. Since the beginning of October 2011 the company has invested £194.8m on the acquisition of an electricity distribution and a district heatin
Read more3i Infrastructure parents company makes acquisition
16th Dec 2011 07:44
LNI Acquisition Oy, the parent company of investment infrastructure company 3i Infrastructure has signed an agreement to acquire 100% of the equity in Vattenfall Oy and Vattenfall Lämpö Oy - known collectively as the target - from Vattenfall AB. 3i Infrastructure and 3i Group are investing through
Read moreCash pile grows at 3i Infrastructure
30th Sep 2011 07:20
Cash continues to flow steadily in at 3i Infrastructure, the infrastructure investment company, ensuring that the company's own proposed cash pay-out to shareholders is comfortably covered. In a pre-close trading update for the six months ending 30 September, the group said: "3i Infrastructure's po
Read more3i Infrastructure has ample liquidity
5th Jul 2011 08:09
3i Infrastructure, the infrastructure investment company, said its portfolio assets continue to perform well and are generating good income. Dividends and interest received from assets in the first quarter to 30 June 2011 totalled £19.8 million. Since 1 April, the group has raised £55m from the e
Read moreSunday tips round-up: African Aura, 3i Infra...
13th Feb 2011 11:56
African Aura is very interesting because it has exposure to two commodities with a positive outlook. The company plans to split into two in the next few months, which is likely to lead to a re-rating of the shares. The two commodities are iron ore and gold. African Aura has a joint venture with Rus
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