IFT - Infratil

[mike2020]

Does anyone see an advantage buying IFT on the asx?

[lissica]

Does anyone see an advantage buying IFT on the asx?

If you have funds in an Australian cash management account and don't want to lose out on currency conversion?

I've owned various dual listed shares on both NZX and ASX at various times for the reason above.

[mike2020]

Thanks, that is the reason I have to date, the price of IFT seems to track the NZX price pretty closely.

[RTM]

Thanks, that is the reason I have to date, the price of IFT seems to track the NZX price pretty closely.

If you use IB the brokerage might be less ? Of course you can’t buy NZX stocks using IB, which is a pity.

https://www.interactivebrokers.com/en/home.php

[Bjauck]

Recent insider buys point in this direction.

Under continuous reporting requirements wouldn’t matters affecting the price be required to have already been released. Otherwise it is insider trading.

[mike2020]

Under continuous reporting requirements wouldn’t matters affecting the price be required to have already been released. Otherwise it is insider trading.

I really think everything is out in the open. Directors see value and expect a market rerate in the foreseeable future.

[warthog]

I really think everything is out in the open. Directors see value and expect a market rerate in the foreseeable future.

Yes, full disclosures as one would expect. The hog wouldn't expect management to be making sizeable investments if they didn't feel at least the medium-term prospects were looking healthy.

[Toddy]

Ift may test it's all time high later today.

Small volumes so far, but the big players normally enter the market later in the afternoon.

[kiora]

Jason Paris reflects on one year of One NZ

https://businessdesk.co.nz/article/t...38c4-446239310

[kiora]

5g little monetary return
Fiber big business oportunity for wholesale to other providers B to B & B to C
Not going to loss job from AI,more likely to loss job to someone who knows more about AI
AI going to reduce head count & where to improve service & speed of improved service
Space X: customers able to text not just remotely but also if overseas
All mobile users even other telcos will be able to use Space x to dial 111
Mobile voice & data will follow quickly

1m less service calls.Cost $10/call to service.
Customer upgrades automatically.
Things that used to take weeks now take hours with AI
Self optimising standard AI use

Jason mentioned One NZ now worth $5b?
Not a bad return:$1/2 b for first tranch after selling of towers?
$2b for second tranch?

So now worth double what it has cost IFT? Maybe less debt
From Infratil FY2023 Interim Report
"Comparing the carrying
value of Infratil’s investment immediately before obtaining control to the fair value results in a gain on acquisition of $1,064.5 million"