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John Laing Infr GBP Add to portfolio

LON250:JLIF, May 20, 11:16 UTC

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Friday, May 18


News

John Laing Infrastructure Fund Increases First Quarter Net Asset Value

JLIF

John Laing Infrastructure Fund Increases First Quarter Net Asset Value. LONDON (Alliance News) - John Laing Infrastructure Fund Ltd said Friday its net asset value per share is up from the end of the year as it makes "good progress" on transitioning its projects affected by the Carillion liquidation. In the three months to March 31, the infrastructure investment company reported net asset value per share increased 0.7% to 125.5 pence with dividend. The underlying portfolio experienced growth of 1.8% to GBP1.38 billion, expected due to the "discount rate unwind".

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lse.co.uk
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  • Financial
News

John Laing Infrastructure finds replacements for collapsed Carillion on projects

JLIF

Carillion went into liquidation in January after racking up a debt pile of £1.5bn and failing to secure a rescue deal in talks with lenders and the government.READ: Carillion’s 'delusional directors' drove the firm off a cliff, MPs claim. The collapse of Carillion put its contracts in jeopardy, forcing businesses and joint venture partners to either pick up the slack or find another company to do the work. In a trading update for January 1 to May 17, JLIF said it has found new contractors to work on its nine projects, which account for about 8.7% of its portfolio as of March 31. For the largest of the projects, the M40 motorway project, the investment firm has secured a new provider on long-term contractual arrangement. Alongside the statement, JLIF said the value of its portfolio at March 31 was £1.38bn, down £700,000 from three months ago, in part due to the impact of foreign exchange headwinds and cash distributed from the portfolio.

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Tuesday, April 17


Social Chatter

John Laing Infr GBP (LON250:JLIF) social chatter is higher than usual

JLIF
#JLIF: John Laing Infrastructure Fund Ld has fallen to a 2 star rating. Here is a list of its peers that are 4+ star stocks: HICL.L, 3IN.L. (https://t.co/W0V3yX28wP)

Thursday, March 29


Social Chatter

Friday, March 23


Social Chatter

John Laing Infr GBP (LON250:JLIF) social chatter is higher than usual

JLIF
John Laing Infrastructure Fund looking to replace Carillion on nine schemes https://t.co/dQHaXPFcnh https://t.co/Z0pczhUkOk
News

John Laing Infrastructure Fund boasts year of solid progress - ShareCast News

JLIF

Fri, 23rd Mar 2018 08:04. (ShareCast News) - John Laing Infrastructure Fund issued its results for the year ended 31 December on Friday, declaring a dividend of 3.57p per share for the last six months of the year, up 2.5%. It said its net asset value of �1.235bn represented a NAV per share of 124.6p, and NAV total return of 9.5% for the year. The company's portfolio value of �1.379bn was up 13.3% year-on-year, with underlying portfolio growth of 9.11%, which the board said was ahead of growth arising from discount rate unwind. "During 2018, the company and its investment adviser will continue to focus on protecting and enhancing the portfolio as well as selectively seeking new investment opportunities in line with the company's strategy.

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Story Sources

lse.co.uk
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Social Chatter
News

John Laing Infrastructure NAV Rises In 2017, Mulls UK Tax Domicile

JLIF

LONDON (Alliance News) - John Laing Infrastructure Fund Ltd said on Friday it saw net asset growth in 2017, and upped its dividend for the year. The FTSE 250-listed firm, which invests in infrastructure projects, said its net asset value increased to GBP1.23 billion from GBP1.08 billion in 2016, and on a per share basis, rose to 124.6 pence from 120.2p. Shares in John Laing Infrastructure Fund were up 1.2% at 114.60p on Friday. During 2018, the company and its investment adviser will continue to focus on protecting and enhancing the portfolio as well as selectively seeking new investment opportunities in line with the company's strategy," said Chairman David MacLellan.

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Story Sources

iii.co.uk lse.co.uk
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  • Financial

Saturday, February 24


News

John Laing Infrastructure Fund Ld (JLIF) Receives Average Rating of “Buy” from Analysts

JLIF

John Laing Infrastructure Fund Ld (JLIF) Receives Average Rating of “Buy” from Analysts – The Lincolnian Online. Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for John Laing Infrastructure Fund Ld and related companies with MarketBeat. John Laing Infrastructure Fund Ld (LON JLIF) opened at GBX 118.45 ($1.64) on Thursday. reiterated an “overweight” rating on shares of John Laing Infrastructure Fund Ld in a report on Tuesday, November 14th.

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Thursday, February 22


News

John Laing Infrastructure Fund Ld (JLIF) PT Lowered to GBX 120 at Royal Bank of Canada

JLIF

John Laing Infrastructure Fund Ld (LON:JLIF) had its price target decreased by research analysts at Royal Bank of Canada from GBX 135 ($1.87) to GBX 120 ($1.66) in a research report issued on Thursday. John Laing Infrastructure Fund Ld (JLIF) PT Lowered to GBX 120 at Royal Bank of Canada – The Ledger Gazette. Shares of John Laing Infrastructure Fund Ld (LON JLIF) opened at GBX 118.45 ($1.64) on Thursday. reissued an “overweight” rating on shares of John Laing Infrastructure Fund Ld in a research note on Tuesday, November 14th.

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Topics:
  • Business
  • Financial