Ventia

[kiora]

New IPO
Aus & NZ listed
Not my cup of tea but some may be interested

[Snow Leopard]

That is one vague post kiora, even by my standards !!

Website for company: https://www.ventia.com/

Website for IPO info: https://www.ventiaipo.com/document/#c=0


If the price is right then it is my cup of tea/coffee/maybe something a little stronger.

[FTG]

284 pages. One mighty big Prospectus!

[kiora]

284 pages. One mighty big Prospectus!

:) I tried to upload it but websight was not happy

[greater fool]

:) I tried to upload it but websight was not happy

Maybe u could try downloading.
Q. do u mean website?

[Nor]

284 pages. One mighty big Prospectus!

Prospective investors are advised to read it carefully in it's entirety.

[Lola]

Prospective investors are advised to read it carefully in it's entirety.

This is another one that gives me the creeps. Vendors cashing out.....no idea how many or even how much. . They will accept over subs. Avoid. "Promoters" don't fill me with confidence either.

[Nor]

This is another one that gives me the creeps. Vendors cashing out.....no idea how many or even how much. . They will accept over subs. Avoid. "Promoters" don't fill me with confidence either.

~1 billion being raised. Of which ~600 million going to existing shareholders and ~300 million into the company. Net result a market capitalisation of ~2 billion. Seems like magic but can't be bothered working it out.

[Snow Leopard]

Having read the important bits I am not interested in pursueing it further.

[nztx]

Having read the important bits I am not interested in pursueing it further.


Similar conclusion here too

[FTG]

Similar conclusion here too

Concur.

For the newbies, definitely suggest DYOR!

[Lola]

Similar conclusion here too

At last Hawk...we agree on something.

[percy]

Hobson Wealth recommended VNT to The Trust I am a trustee of.
Modest PE of 11.85 with a yield of 5.94%.Solid growing business.
The trust bought some.

[Sideshow Bob]

Hobson Wealth recommended VNT to The Trust I am a trustee of.
Modest PE of 11.85 with a yield of 5.94%.Solid growing business.
The trust bought some.

Solid rise today on the back of NBN contract.

Up 16.5% in the last month.

[Jaa]

Two pages of comments and no one has said what the company does. Peak sharetrader 😂

Website isn't much better ...


WHAT WE DO
We provide long-term operation, maintenance, and management of critical public and private assets and infrastructure across a diverse range of industries.

[percy]

Two pages of comments and no one has said what the company does. Peak sharetrader ��

Website isn't much better ...

Ventia Services Group Limited is an Australia-based essential infrastructure services provider in Australia and New Zealand. It has four segments: Defence and Social Infrastructure, Infrastructure Services, Telecommunications, and Transport. Defence and Social Infrastructure segment provides maintenance and support services to customers operating across defense; social infrastructure, including education, social housing, justice and health; local government; and critical infrastructure. Infrastructure Services segment supports ongoing maintenance of infrastructure including utility infrastructure and Resources and Industrial assets. Telecommunications segment provides end-to-end service capabilities that span design, supply, minor construction, installation, commissioning and maintenance of telecommunications networks and infrastructure. Transport segment provides maintenance, project delivery and technology solutions to owners and operators of road, motorway, tunnel and rail networks

And their results presentation 25th August 2022.
https://stocknessmonster.com/announcements/vnt.asx-2A1393271/

And today;
Ventia Services Group Limited (Ventia) has been awarded a significant contract with NBN Co. The
contract is an extension and new scope under NBN Co's Fibre Connect (Fibre to the Node to Fibre to
the Premises) program and is expected to deliver revenue of approximately $280 million to Ventia over
the next 2.5 years.

[Davexl]

Could be awarded some of the Three Waters work or whatever they call it now and military outsourcing in NZ...

[percy]

This presentation gives a good idea of VNT's business.


http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/VNT/410745/393546.pdf

[Sideshow Bob]

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/VNT/412274/395575.pdf

Ventia has been awarded a two-year extension to its community facilities management contract acrossTahi and Wha regions with Auckland Council. The contract is valued at approximately AUD$140million over two years.