Tegel IPO

[kiwidollabill]

Hmmm, this will be interesting (scary?) when the final numbers are out.

Found this http://www.stuff.co.nz/sunday-star-t...moves-at-Tegel from the previous sale

Revenue 2009/2015 $464m$563m = 3.25% CARG
Net Earnings 2009 $29.5m
EIT 2015 $45.5

Plus I think PEP sold off all the property assets and are now on a lease back.

Looking like a dog.....

http://www.nzherald.co.nz/business/n...&ref=nzhbiz_tw

Now calling 2016/2017 EBITA $84M,