Quote Originally Posted by Ggcc View Post
So a nice meeting in Napier tonight.
Interesting to hear that Tim believes the company could be worth north of $5.50 if they put all of Infratil's assets on the market and paid of debts. So that was some assurance. Otherwise it was business as usual and great things for the horizon.

IFT believe that Vodafone and Spark will unite to put 5G together for NZ otherwise it would be very expensive. What was quite interesting was there comparison of 4G and 5G. The slide was sort of showing us the size of the Earth as 4G and the size of the Sun was 5G in limitations. When 5G happens expect we could expect big things, Tim indicated. Otherwise they mentioned they were most likely not going to change the basic ways how Vodafone works (if they end up owning it), but how they will offer existing customers other add ons. The indication I had was that IFT will leave more money into it rather than strip it purely for dividends.

Canberra Data Centre seems to be ticking along quite nicely with contracts already in for leasing, so their major problem was constructing them, as the leases were already signed.

The Retire Australia I was not too sure about as Tim mentioned they (all Australian retirement sectors) had some bad rap in the media and house prices were lower which in turn affected their return. But he remained positive for the future.

Longrun was ticking along nicely with future programs in place which will be done when it suits them.

The assets which IFT have sold will be used to inject into Vodafone as the company needs investment. IFT are very happy with the Vodafone management.

They spoke about a few other things, but the brain can only retain so much information.
thx looks like vodaph wont be a Z thing but a core position in there portfolio.