IFT - Infratil

[kiora]

https://www.nzx.com/announcements/332736

Agreement Sell ANU Student Accommodation concession to AMP

Brought for A$82.5 million Aug 2016

[Ggcc]

Brought for A$82.5 million Aug 2016

Great little profit they made on this one. Glad to be invested in this share.

[bull....]

Great little profit they made on this one. Glad to be invested in this share.

yes great stock , next stop 5? be good if it happens

[Ggcc]

Another 10 cents up and no sign of the rise quitting. One of my stock picks and I have quite a few of these. I wonder when it stops as even I think this stock is not a buy anymore but rather a hold for the longterm

[value_investor]

Another 10 cents up and no sign of the rise quitting. One of my stock picks and I have quite a few of these. I wonder when it stops as even I think this stock is not a buy anymore but rather a hold for the longterm

Bought this one a whil ago in a relatively small quantity to add some defensive plays to the portfolio. Agree with you that this one is definitely not a buy atm, but it would be one of the my first ones in a crash scenario. Long term tailwinds to strong to ignore.

[bull....]

Infratil advises its Underlying EBITDAF(ii) guidance for the year to 31 March 2019 is now revised from NZ$580 to NZ$620 million to NZ$535 to NZ$545 million

massive downgrade $5 here we come lol

[kiora]

Infratil advises its Underlying EBITDAF(ii) guidance for the year to 31 March 2019 is now revised from NZ$580 to NZ$620 million to NZ$535 to NZ$545 million

massive downgrade $5 here we come lol

Plus including hefty Morrison & Co fee of $95m-$105m? but I suppose IFT can afford it
https://www.nzx.com/announcements/333058

[huxley]

Infratil advises its Underlying EBITDAF(ii) guidance for the year to 31 March 2019 is now revised from NZ$580 to NZ$620 million to NZ$535 to NZ$545 million

massive downgrade $5 here we come lol

Ahh, looks like Morrison and co are picking up $95-105 million fee here, hence the downgrade

[bull....]

Plus including hefty Morrison & Co fee of $95m-$105m? but I suppose IFT can afford it
https://www.nzx.com/announcements/333058

bit annoying these external fees payable similar to the vital healthcare ones. what happens if assets are revalued down ? do they refund the fee

[RTM]

Infratil advises its Underlying EBITDAF(ii) guidance for the year to 31 March 2019 is now revised from NZ$580 to NZ$620 million to NZ$535 to NZ$545 million

massive downgrade $5 here we come lol

https://www.nzx.com/announcements/333058

It sounds like this is due to massively underestimated payments to Morrison and Company. I don’t fully understand the interaction between the two, but they were estimating around 30Mil...and in fact it’s around 100Mil. This is on the back of increased valuations of Tilt, Data Center and Longroad. Wow. Big difference. If their value drops....does Infratil get a credit from Longroad ?
https://hrlmorrison.com/portfolio/#NZ
Wonder what they contribute ?