Does anyone see an advantage buying IFT on the asx?
Printable View
Does anyone see an advantage buying IFT on the asx?
Thanks, that is the reason I have to date, the price of IFT seems to track the NZX price pretty closely.
If you use IB the brokerage might be less ? Of course you can’t buy NZX stocks using IB, which is a pity.
https://www.interactivebrokers.com/en/home.php
Ift may test it's all time high later today.
Small volumes so far, but the big players normally enter the market later in the afternoon.
Jason Paris reflects on one year of One NZ
https://businessdesk.co.nz/article/t...38c4-446239310
5g little monetary return
Fiber big business oportunity for wholesale to other providers B to B & B to C
Not going to loss job from AI,more likely to loss job to someone who knows more about AI
AI going to reduce head count & where to improve service & speed of improved service
Space X: customers able to text not just remotely but also if overseas
All mobile users even other telcos will be able to use Space x to dial 111
Mobile voice & data will follow quickly
1m less service calls.Cost $10/call to service.
Customer upgrades automatically.
Things that used to take weeks now take hours with AI
Self optimising standard AI use
Jason mentioned One NZ now worth $5b?
Not a bad return:$1/2 b for first tranch after selling of towers?
$2b for second tranch?
So now worth double what it has cost IFT? Maybe less debt
From Infratil FY2023 Interim Report
"Comparing the carrying
value of Infratil’s investment immediately before obtaining control to the fair value results in a gain on acquisition of $1,064.5 million"