Macquarie International Infrastructure Fund

[KopiKat]

DPU = 2.75ct, xd on 23-Aug
Share price will likely be supported in the short term by the above.

As they'd guided that DPU = 2.75ct will also be maintained (of course no guarantee) for 2H (Dec), I'm not expecting any major share price correction after it goes xd. There'll also be some support from their Share Buy-Back programme.

As for the HNE impact, they'd estimated a Revenue impact of 20% - 25%. My best case guess is a 10% to 25% impact on the Div they pay to MIIF (posted previously) and my best case guess on share price impact (assuming a 10% Yield expectation) is 50ct to 53ct.

Note that the above is only my best case guess.

I won't be losing too much sleep for the time being even tho' I don't quite like their approach of 'living-on-the-edge' by gearing to the max for 2 of their assets (HNE 73% ; TBC 49%). MIIF is definitely not my idea of a longer term investment but more for the short term 'thrills'...