TLT - Tilt Renewables

**RTM** · 26-09-2018, 11:04 AM

Originally Posted by freddagg

Infratils answer to the Independent Directors valuation is out.
Sounds terrible, if that is what Ift believe they should be selling, not buying.

https://www.nzx.com/announcements/324380

Infratil only consider Infratil. I was shocked a few years ago when I read their justification for an extension to Wellington Airport. I thought the case they made was extremely / blatantly biased towards the interests of Infratil to the detriment of an overall business consideration. They were certainly trying to justify getting ratepayers/taxpayers to put money in ..that would support Infratils interests. Went off them after reading that. IMO.

**macduffy** · 26-09-2018, 12:50 PM

Can't blame a company for making their own case - it's someone else's job to look after ratepayers and taxpayers.

**RTM** · 26-09-2018, 12:58 PM

Originally Posted by macduffy

Can't blame a company for making their own case - it's someone else's job to look after ratepayers and taxpayers.

Yeah...agree. And thought I would get that response. It was just to blatant and one sided IMO tho.
I think to the detriment of the case they were trying to make.

**huxley** · 26-09-2018, 05:40 PM

The advisory firms seem to be producing reports for order! “You wana go long, or short? Ok we’ll write that up”

**hardt** · 26-09-2018, 07:39 PM

Originally Posted by huxley

The advisory firms seem to be producing reports for order! “You wana go long, or short? Ok we’ll write that up”

IFT should are keen to spit on any valuation above their offer...

Why would they offer anything if not for expecting a very solid ROIC.

**Timesurfer** · 26-09-2018, 11:22 PM

Originally Posted by winner69

Not the first time Northington reports have been ‘reviewed’.

Maybe they’ll change their assumptions?

From what I have seen Northington will write what you pay them to write. Reality seems to have little bearing on the glossy charts and whatnot they churn out.

**bull....** · 27-09-2018, 04:51 PM

“We continue to strongly recommend that shareholders do not accept the offer. To not accept the offer, shareholders should do nothing. They should ignore the takeover documents sent to them by Infratil and Mercury.” said Ms Oliver.

https://www.nzx.com/announcements/324530

**bull....** · 09-10-2018, 09:26 AM

t/o closes shortly.

dont know why infratil was trying to say uncertainty in aus around renewables look at the size of this deal 22 billion to be built in pilbara , wind and solar power development’s planned output from 9 gigawatts to more than 11 GW

https://thewest.com.au/business/ener...-ng-b88983687z

and another deal

https://thewest.com.au/business/cont...-ng-b88984439z

australia renewables are going offf