IFT - Infratil

**mr.needs** · 07-06-2010, 11:52 AM

Originally Posted by zigzag

Infratil have bought the downstream assets of Shell anyway. Also seems to me that Trans-Ocean and Halliburtons, and a few others have some responsibility here.

People still need to buy their petrol somewhere, so if not at BP then it must mean more customers for Shell!

**ratkin** · 07-06-2010, 05:50 PM

That was my point , seemed to cause some confusion amongst the easily irritated

**mr.needs** · 08-06-2010, 01:51 AM

Interesting interview with Mike Szikszai; the CEO of Snapper.

http://www.interest.co.nz/news/snapp...ayment-systems

**Romer** · 08-07-2010, 04:40 PM

Annual Report paints a rosy picture. - - -Claims a 22.5% gain for shareholders. I presume that is supposing you bought on the lowest day of the year and sold on the highest. - - -

CJ · 08-07-2010, 05:18 PM

Originally Posted by Romer

Annual Report paints a rosy picture. - - -Claims a 22.5% gain for shareholders. I presume that is supposing you bought on the lowest day of the year and sold on the highest. - - -

Aren't they referring to the return since IPO? I am sure they use to quote that all the time.

**Romer** · 08-07-2010, 05:26 PM

Originally Posted by CJ

Aren't they referring to the return since IPO? I am sure they use to quote that all the time.

Nup Rate of return since IPO 17.7% compounded annually.

The last year 22.5%. To me its an example of you can support whatever stance you want to take by picking on the right numbers.

**winner69** · 08-07-2010, 05:39 PM

So not going too good this year ... they said $1.72 at March 31 abd now $1.60 ... just as well another 9 months to go to catch up

**macduffy** · 08-07-2010, 05:42 PM

Originally Posted by Romer

Nup Rate of return since IPO 17.7% compounded annually.

The last year 22.5%. To me its an example of you can support whatever stance you want to take by picking on the right numbers.

But to be fair to IFT I think they report this return each year. So not a case of picking "favourable" dates.