IFT - Infratil

**bull....** · 23-12-2020, 04:04 PM

i agree ift is a well company and has delivered great returns to s/h. lets hope they remain nz owned

**kiora** · 23-12-2020, 04:13 PM

Lets hope so.
Likely to be dependent on OIO ,Fisher Funds & ACC
One would hope either /or can block any possibility of IFT going overseas

**macduffy** · 23-12-2020, 04:20 PM

The Foreign Investment Board of Australia granted its approval on 18 December paving the way for completion of the purchase before the end of 2020;

Good news re the Qscan acquisition.

**dreamcatcher** · 23-12-2020, 06:05 PM

Very profitable hold and SP certainly rocketing.

Back in the bottom drawer this goes as uninterested in selling

**Beagle** · 23-12-2020, 09:54 PM

https://www.goodreturns.co.nz/articl...racks+13%2C000

Santa Claws rally. Congrats to long term Infratil shareholders. Its never been my thing but if you've held for the long run, well done.

**RTM** · 23-12-2020, 09:56 PM

Originally Posted by Beagle

https://www.goodreturns.co.nz/articl...racks+13%2C000

Santa Claws rally. Congrats to long term Infratil shareholders. Its never been my thing but if you've held for the long run, well done.

"two outa three aint bad"
https://youtu.be/k5hWWe-ts2s

**kiora** · 26-12-2020, 09:11 AM

"Since November, the rally has been supported by inflows into clean energy ETF funds as well – don’t fight passive fund flows"
"In summary, we are confident the trend towards renewables with a greater focus on ESG and the carbon footprint of stocks has only just begun. Having an over-weight towards the sector has paid dividends in recent times and ESG considerations are becoming a real risk factor to consider when investing in stock markets."
https://www.goodreturns.co.nz/articl...or+25+Dec+2020

**kiora** · 02-01-2021, 06:57 AM

More investment in to this theme
https://finance.yahoo.com/news/billi...184736091.html

**ratkin** · 02-01-2021, 11:34 AM

Originally Posted by kiora

"Since November, the rally has been supported by inflows into clean energy ETF funds as well – don’t fight passive fund flows"
"In summary, we are confident the trend towards renewables with a greater focus on ESG and the carbon footprint of stocks has only just begun. Having an over-weight towards the sector has paid dividends in recent times and ESG considerations are becoming a real risk factor to consider when investing in stock markets."
https://www.goodreturns.co.nz/articl...or+25+Dec+2020

Yes, Twenty to Fifteen years ago the sector to get into was the aging demographic, care homes etc. The next Fifteen to Twenty years is all going to be about saving the planet.