IFN - Infigen Energy

[ParleVouFrancois]

Wow! That's quite an impressive list of trades for IFN! I wouldn't have double the amount of your trades in 2010 for my entire portfolio! LOL.

 

[woogie1]

Share price has seemed to steady at around $0.54.

Long term there would be definate growth, but in the time leading up to that will the price drop any further?

Surely it wont drop below the 50c barrier.. surely... hopefully..

sitting at the low range of its all time lows, it must start showing some gains in the short term.

 

[roland]

Didn't see a news release about his:

Infigen wins NSW approval for solar farm
Infigen wins NSW approval for solar farm

Infigen Energy says it is a step closer to developing the first commercial solar farm in NSW after the state government approved the $300 million project.
l

By AAP | 10.01.2011 12:50 PM

Infigen Energy says it is a step closer to developing the first commercial solar farm in NSW, at Nyngan in the state's north-west, after the company received state-government approval for the $300 million project.

Infigen, an operator of wind farms in Australia, Germany and the US, plans to develop the project in partnership with Chinese company Suntech Power Holdings Co Ltd, using photovoltaic technology developed in NSW.

The full story is here: http://www.thebull.com.au/articles/a/16781-infigen-wins-nsw-approval-for-solar-farm.html

I was expecting a little more of a "Song & Dance"

 

[roland]

Didn't see a news release about his:

Infigen wins NSW approval for solar farm
Infigen wins NSW approval for solar farm

Infigen Energy says it is a step closer to developing the first commercial solar farm in NSW after the state government approved the $300 million project.
l


The full story is here: http://www.thebull.com.au/articles/a/16781-infigen-wins-nsw-approval-for-solar-farm.html

I was expecting a little more of a "Song & Dance"

WTF,the press release just came out now - that's a day later than the one from the bull ......

 

[isplicer]

Anyone been monitoring IFN lately? The stock seems really cheap right now, and it's still on the way down - anyone know why the huge plunge has occurred? If there's any chance of recovery at all in the long term, this might be the time to buy.

 

[theartglasshouse]

Down down and further down it goes! Hopefully this will end soon! Thankfully I only hold this stock in my super balance, but still, I am down 50%

 

[Wysiwyg]

Consistent losses attributable to REC prices being depressed and the lower demand for electricity, blah blah blah. Turbine maintenance costs are set to rise as they come off warranty. Technical buy entry possibility in 1 to 3 days.

 

[isplicer]

What a plunge!! Down almost 17% today to 35.5c. Anyone reckon sometime about now might be a good time for a little buy-in? Extract from FY11 report:

Looking further ahead there is a number of opportunities that have the potential to add to
future earnings and generate securityholder value. These include:
● Completion of the Woodlawn Wind Farm by the end of 2011;
● An opportunity to develop 150MW of Solar PV under the Solar Flagships Program
subject to Commonwealth Government selection of the successful applicant, and final
Board approval;
● Improved channels to market including direct contracting with end use customers;
● A carbon price regime and improved wholesale electricity prices in Australia;
● Revival of the REC market as excess RECs work through the system;
● Further initiatives to control O&M costs as wind farms transition off warranty; and
● Continued stringent controls on corporate costs.

 

[theartglasshouse]

The German assets have been sold. I am just gonna hold onto this stock till hopefully it gets back to the price range I bought in at then dump it. No final dividend either. Suspended till 2013...

 

[kid hustlr]

Any interest in this one from the smart guys in the room?

What about the techies?

 

[roland]

Silly or not - I held. Added some in 2011 and now up 42%

 

[skc]

Silly or not - I held. Added some in 2011 and now up 42%

It has made quite a turnaround... although most of the movements happened within the last 8 months. So perhaps your capital could have been working a bit harder in the first 4 years of your long holding period.

Then again... a win is a win so hindsight says good hold.

Here's an AFR article on IFN today.

Infigen Energy is understood to have instructed Lazard to engage with under-bidders in the Pacific Hydro auction to test interest and tap into the resurgence of M&A appetite in the sector.

The hotly contested sale of Pacific Hydro by IFM Investors to China's State Power Investment Corporation in a deal said to be worth more than $3 billion, including debt, left several suitors standing on the sidelines in late 2015. Street Talk understands Infigen is now weighing several options, including offloading assets, a joint venture, and assessing valuations potential suitors may place on a cornerstone stake or the entire company.

Read more: http://www.afr.com/street-talk/laza...-infigen-energy-20160508-gop25e#ixzz489j5uiUM
Follow us: @FinancialReview on Twitter | financialreview on Facebook

 

[roland]

Newgate Capital target IFN at $1.20

http://www.newgatecap.com/2016/04/newgate-capital-partners-review-infigen-energy-ifn/

 

[kermit345]

Look's like Newgates target is on the horizon sooner rather than later. I don't have much to add to this thread however seems a lot of interest in IFN given the governments renewable energy targets. Is there potential for a bidding war on IFN's asssets and/or development pipeline?

 

[skc]

Look's like Newgates target is on the horizon sooner rather than later. I don't have much to add to this thread however seems a lot of interest in IFN given the governments renewable energy targets. Is there potential for a bidding war on IFN's asssets and/or development pipeline?

It's gone a bit parabolic... I had a trading position 2 weeks ago but managed to miss this major upleg. A very dump profit taken.

 

[McLovin]

It's gone a bit parabolic... I had a trading position 2 weeks ago but managed to miss this major upleg. A very dump profit taken.

Some guy from Stanford was in the AFR the other day saying how building old skool power plants is uneconomical and his Asian fund's biggest investment is in IFN. Don't know if that's moving the sp though.

 

[Boggo]

How many of you would have bought in on the 4th potential breakout after three failures.
Not me = bugger

(click to expand)

 

[kid hustlr]

Yeah brutal one to catch.

This came up on my scans at 50c and I didn't touch it.

 

[PeterJ]

this was in my watchlist for sometime......
did not get entry 1 or 2
that is life
entry 3 was low risk,
picked up a part parcel as it had run very hard already
hoping for it to get to $1.00 and grab 25%
flew through that level
the only other stock i recall doing that was QGC, years ago
now the tough question ...where to get off

Peter

 

[kid hustlr]

This is tough to swallow now - not stopping