HICL''s publication of H1-23 results came with no surprise. Most numbers were pre-released in October and we reviewed the investment case in HICL INFRASTRUCTURE: Collateral damage.
Discount rates remain on focus
Part of discussion on the call focussed on whether the 50bps increase in discount rates decided in October will be enough to reflect the new environment. HICL argues that the risk premium came off historic highs as HICL did not reflect the full extent of the fall in bond yields in prior ....
25 Nov 2022
A more difficult environment
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A more difficult environment
HICL Infrastructure PLC (HICL:LON) | 126 0.8 0.5% | Mkt Cap: 2,564m
- Published:
25 Nov 2022 -
Author:
Vaysselier Nicolas NV -
Pages:
10
HICL''s publication of H1-23 results came with no surprise. Most numbers were pre-released in October and we reviewed the investment case in HICL INFRASTRUCTURE: Collateral damage.
Discount rates remain on focus
Part of discussion on the call focussed on whether the 50bps increase in discount rates decided in October will be enough to reflect the new environment. HICL argues that the risk premium came off historic highs as HICL did not reflect the full extent of the fall in bond yields in prior ....