IFT - Infratil

[Hectorplains]

There should be news on the horizon of their ANU Student Accommodation investment. Hopefully, they can shift it for around the carrying value. Although IFT have a habit of flicking stuff with a discount and this one has very limited growth potential.

[bull....]

Bidders were waiting by their phones on Thursday with Infratil and Ironstone set to anoint a preferred buyer

https://www.afr.com/street-talk/bigwigs-slug-it-out-for-infratils-student-housing-bids-in-20190321-h1cmcx

sounds like student housing is pratically sold

[BlackPeter]

Bidders were waiting by their phones on Thursday with Infratil and Ironstone set to anoint a preferred buyer

https://www.afr.com/street-talk/bigwigs-slug-it-out-for-infratils-student-housing-bids-in-20190321-h1cmcx

sounds like student housing is pratically sold

Hmm - I guess I always found it difficult to understand why IFT bought this "concession" in the first place - does not fit to their normal modus operandi. However, you sort of have to wonder why buyers are queueing up? What do they see in this investment what IFT didn't discover?

[kiora]

Hmm - I guess I always found it difficult to understand why IFT bought this "concession" in the first place - does not fit to their normal modus operandi. However, you sort of have to wonder why buyers are queueing up? What do they see in this investment what IFT didn't discover?

Hmmm. Or ,why are they queuing up now after IFT discovered it and bought it with little competition back then? Prudent buying back then or not?

[BlackPeter]

Hmmm. Or ,why are they queuing up now after IFT discovered it and bought it with little competition back then? Prudent buying back then or not?

I don't know - just remind us - what is their overall return from this student accomodation?

[artemis]

Didn't work out as planned / hoped ...

infratil.com/for-investors/announcements/2018/strategic-review-of-anu-student-accommodation-concession/

[bull....]

ift rocking , over 4 again must be expecting a ggood price

[Onion]

ift rocking , over 4 again must be expecting a good price

According to Direct Broking:

Price/Earnings Ratio: 67.03

That ratio expects something more than a 4.21% dividend return.

Wow! Infrastructure is obviously hot at present. It hasn't quite matched the upward slope of MEL recently though but I guess that is an unfair comparison -- MEL steady and boring, IFT always expected to pull something out of the hat.

[bull....]

According to Direct Broking:



That ratio expects something more than a 4.21% dividend return.

Wow! Infrastructure is obviously hot at present. It hasn't quite matched the upward slope of MEL recently though but I guess that is an unfair comparison -- MEL steady and boring, IFT always expected to pull something out of the hat.

ift 4.10 now trying to catch mel

[Bjauck]

According to Direct Broking:



That ratio expects something more than a 4.21% dividend return.

Wow! Infrastructure is obviously hot at present. It hasn't quite matched the upward slope of MEL recently though but I guess that is an unfair comparison -- MEL steady and boring, IFT always expected to pull something out of the hat.

A good dividend yield from infrastructure investments is well sought after in an environment of falling interest rates.