-
12-02-2019, 08:14 AM
#2001
Originally Posted by huxley
It’s never been closer
What do you think the likely full year dividend will be this year?
im thinking 11c min even the status quo is good by me i prefer that moneys reinvested for growth in there portfolio over divs but i know alot of s/h like the divs. s/h cant complain last yr been good to them capital gains + divs is a very nice return for the yr
one step ahead of the herd
-
12-02-2019, 12:18 PM
#2002
I know it’s an arbitrary number, but looks like we’ll that NZD 4.00 mark today (market cap NZD 2,214,741,537.00 )
-
13-02-2019, 01:12 PM
#2003
Originally Posted by huxley
I know it’s an arbitrary number, but looks like we’ll that NZD 4.00 mark today (market cap NZD 2,214,741,537.00 )
4.02 now
one step ahead of the herd
-
13-02-2019, 01:22 PM
#2004
Infratil is a well run company, sticks to its knitting, but why the run up now? My theory is that it is a good place for landlords to park the tax free proceeds from selling their rentals. Same with the gentailers and retirement sector.
Sales by landlords fly under the radar, mostly, because of one here, one there. Anecdotally some are selling. Some harder data from me, albeit in a small way. We have lost 3 landlords as clients, all long term, in the past year. One has just sold a block of 4 in Wellington's most expensive suburb, settlement next month. Another has 2 on the market, another sold 1 and we are helping a fourth to get ready to sell. (We do property maintenance.)
-
21-02-2019, 10:58 AM
#2005
Originally Posted by bull....
ahh bp you ruined the party with your bearishness lol
Well, you got your $4 party - congratulations! Suppose you are out by now?
While IFT is no doubt a solid investment fund (wouldn't call it a company), looking at their EPS as well as historic and forecasted growth, they are clearly not a growth company - at best a boring cyclical.
Average EPS over the last 10 years is 26 cents; Forward EPS (3 years average) is 16 cents - meaning forward PE is 24.5 ... and this for a proven no-growth company. We looked already at EPS (which dropped quite significantly compared to average). 2010 revenue was $1836m, 2021 forecast is $1845m. Spot the trend? Flatlining revenue and dropping earnings ...
Beats me why anybody wants to pay $4 for this company ... what am I missing?
Last edited by BlackPeter; 21-02-2019 at 10:59 AM.
Reason: added quotation
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
21-02-2019, 11:29 AM
#2006
Member
They make their money buying and selling assets and they are good at it. athey are in the right sectors,renewable energy,data centers, age care and are ruthless in dropping bad investments,. Good firm I keep adding but have to buy at right time.
-
21-02-2019, 11:41 AM
#2007
Originally Posted by horus1
They make their money buying and selling assets and they are good at it. athey are in the right sectors,renewable energy,data centers, age care and are ruthless in dropping bad investments,. Good firm I keep adding but have to buy at right time.
I see that and agree with your comment that one has to buy at the right time!
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
-
21-02-2019, 03:40 PM
#2008
Originally Posted by BlackPeter
I see that and agree with your comment that one has to buy at the right time!
and sell at the right time being when the trend changes
one step ahead of the herd
-
21-02-2019, 04:25 PM
#2009
Beats me why anybody wants to pay $4 for this company ... what am I missing?
With major assets in places like Tauranga, Wellington, Australia etc IFT probably doesn't have the profile in the South Is. as in some other areas!
Sorry, BP. Being an old native Cantabrian I couldn't resist that.
-
21-02-2019, 05:47 PM
#2010
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks