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01-08-2022, 11:08 AM
#2881
Yup, this is a new all time high, last was about $8.40
Lots of good news coming out and market maybe waking up to the multiples these assets may transact at in the future. Longroad has a plan to build out a massive pipeline equal to ~85% of total NZ electric generation capacity, their newer Europe and Asia platforms have fully replaced the tilt pipeline already and the nz platform will over time build up as well. Next ten years will see huge investment in transition to net zero.
Will be interesting to see how it goes when the asx opens later on today, might pull back a bit.
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01-08-2022, 12:30 PM
#2882
Originally Posted by Swala
Yes, agree they have a very strong portfolio now. As they have grown over the years they have had the funds to get into some seriously good growth areas (Canberra Data Centres probably being the best example). They are also realistic about getting rid of dogs where necessary. Very happy holder.
Any views on when people think this will hit $10?
Originally Posted by kiora
By Dec 2022
My post 22-9-2021 (#2731)
I admit, it was a guess only
A ways to go yet. Just need another another good announcement?
Maybe Retire Australia? Been quite on that front for a while.
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01-08-2022, 05:32 PM
#2883
Member
Morning star must be kicking themselves. What were they thinking back in 2019.
Recommendation impact (last updated: 10/05/2019)
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Event analysis
Ceased Coverage on Infratil
We have ceased coverage on Infratil. We periodically adjust coverage as necessary based on stock outlook, client demand, and investor interest. Infratil is overvalued following a strong share price rally during the past two years, and we think further strong gains are unlikely.
The outlook for its portfolio is mixed. Trustpower and Wellington Airport are mature, moaty businesses which should generate moderate earnings growth over time from reinvesting in their assets. Canberra Data Centres is growing quickly and generating strong returns by rolling out more capacity to accommodate the Australian government's need to digitise its huge amount data.
Other assets are not as attractive. Tilt Renewables in Australia and New Zealand and Longroad in the U.S. will spend large sums building new wind and solar farms, though we doubt returns will impress given huge numbers of competing renewable energy developers. We are also not overly enthusiastic about its retirement operations. Retirement living has proven to be a difficult industry to make profits, despite the tailwind from ageing populations. NZ Bus appears to be stabilising after the loss of some major routes to competitors and is likely to be sold. Similarly, Perth Energy has returned to profitability and is likely to be sold.
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01-08-2022, 06:37 PM
#2884
Haha that must have been after they had sold out of their ANU investment and before buying into Vodafone nz
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01-08-2022, 06:40 PM
#2885
Member
Originally Posted by kiora
My post 22-9-2021 (#2731)
I admit, it was a guess only
A ways to go yet. Just need another another good announcement?
Maybe Retire Australia? Been quite on that front for a while.
Your December '22 forecast looking pretty good!
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01-08-2022, 06:46 PM
#2886
Only half way there.
Hopefully more to come, sooner or latter, no worries
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04-08-2022, 07:19 AM
#2887
Originally Posted by bull....
i have always liked ift , consider it a core stock to a portfolio and the last lot i brought was at 7.60 ,
been trading sideways most yr but looking good for upside break now.
took a while to breakout of the range higher. looking good
one step ahead of the herd
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04-08-2022, 08:52 AM
#2888
Member
There are four new data centres coming online in 2023 with 20yr clients ensuring long term income. The entry into the UK data centre market with Kao Data is a great move with four more centres coming on utilising 100% renewable energy.
Last edited by Waiuta; 04-08-2022 at 08:52 AM.
Reason: punctuation
A quote attributed to Margaret Thatcher goes along the lines of
"The problem with socialism is that eventually you run out of other people's money."
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04-08-2022, 09:54 AM
#2889
IFT used to have some Convertable notes are they still out there , I cannot see them ?
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04-08-2022, 11:57 AM
#2890
Originally Posted by whatsup
IFT used to have some Convertable notes are they still out there , I cannot see them ?
IFTHA? I think they are unsecured unsubordinated convertible perpetual bonds
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