IFT - Infratil

[Curly]

I see from marketscreener.com the average target price is $9.07 with a weak “buy” recommendation. It may have been some time since some brokers updated their targets.

The other companies I looked out before being locked out were OCA and KMD and they had strong buy recommendations on the marketscreener website.

I note 5 recommend IFT as a buy and I think Forsyth Barrr have them as Buy before current downturn. Whereas OCA are 3 at a buy and 1 as an out perform.

[Bjauck]

I note 5 recommend IFT as a buy and I think Forsyth Barrr have them as Buy before current downturn. Whereas OCA are 3 at a buy and 1 as an out perform.

Marketscreener.com recommendations have 2 buy, 1 outperform, and 2 hold for Infratil.

[Ggcc]

Someone is keen to get off the IFT train

[Curly]

How much lower can this go?

[Rawz]

How much lower can this go?

It usually trades below book value. So could in theory go below $5.13

[Ggcc]

It usually trades below book value. So could in theory go below $5.13

Will be topping up big time at those levels.in saying that. If they do go to those levels I feel the rest of the market will be similar and there will be bargains galore.

[BlackPeter]

Will be topping up big time at those levels.

From memory - their share price used to be some years ago double digits (in percent) below the NTA (i.e. book value minus intangibles). I think I remember even something like 30%, but can't be sure of that. Somebody else still has the numbers?

2022 NTA is $3.61;

Anyway - probably no need to rush the top up.

[kiora]

Only half way there.
Hopefully more to come, sooner or latter, no worries

Retire
Australia sale nearly there?

https://www.afr.com/street-talk/ausu...0220926-p5bkzp

[Rawz]

What sort of multiples is it going for?

[BlackPeter]

Retire
Australia sale nearly there?

https://www.afr.com/street-talk/ausu...0220926-p5bkzp

Can't read the article (hey, one can't subscribe to every publication, can one?), but wondering whether now is a good time to sell retirement stocks ...