Hope so :)
Printable View
MorningStar have a valuation this morning. of $3.10
:...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. ..."
Make of that what you will.
I am assuming BC wanted more IFT ? :)
https://www.marketscreener.com/INFRA...631/consensus/
wonder if its a done deal for vodaphone nz
this from trustpower
Later this year, Trustpower will introduce both mobile phone and wireless broadband services, further building on itsposition as a leading provider of bundled services
http://nzx-prod-s7fsd7f98s.s3-websit...397/299720.pdf
Personally I dislike the bundled approach for doing business. I like to chose who I get my services from, and shop around for each one, and not be tied to one because of a bundle.
I just want the supplier to offer me a proper/fair price for whatever service it might be.
Each to their own I guess.
bundled offering is very good for company bottom line. wonder how spark will respond to this new competition ( if it happens) power / ph / gas bundle vrs ph / entertainment bundle.