IFT - Infratil

[couta1]

Not IFT buying back is it, couta?

Will find out on Monday, but hopefully we just got rid of some big overlap from some other large sellers/s.

[Beagle]

Will have to disagree with you here Roger, the company has only bought back 1.5 million shares to date out of the 50 million they are intending to buy back so very little propping up the price there. As you know share prices can tank because of an irrational market(We both know of other stocks where that has happened now dont we) while a good company is just getting on with business. Remember this company is paying increasing dividends and is creating shareholder wealth by making a range of diverse acquisitions along the way which will take some time to bear fruit

All the best with it mate. NZX50 index rebalance occurred during the closing match process.

[Xerof]

All downtrends come to an end - it's a question of when to enter depending on your style (aggressive or conservative)

Eyeballed this chart a few days ago and thought this will be a buy around 2.50ish, due to the gap from a few years ago now being filled, and that 2.50 level being prior major resistance, which will/should now be major support.

Aggro's will be fading in about here, conservatives will wait till the rally is nearly finished

I'm feeling aggro

[NZSilver]

Haha you could say I spoke too soon. Might stick to reading ST than writing on ST.

[couta1]

Haha you could say I spoke too soon. Might stick to reading ST than writing on ST.

No, keep it up, we desperately need more contributing posters rather than just readers, what's going to happen when about a dozen or so of us regulars retire from posting, this place will be like a ghost town.

[huxley]

No, keep it up, we desperately need more contributing posters rather than just readers, what's going to happen when about a dozen or so of us regulars retire from posting, this place will be like a ghost town.

Agreed, It's great to hear different perspectives.

[horus1]

the worry is with trustpower ,on valuation they look ok

[Baa_Baa]

the worry is with trustpower ,on valuation they look ok

What's the worry with Trustpower? Surely can't be so significant as to account for the severe selldown.

Currently only a few cents above the Z-Energy lift-off price, market has sold off almost the whole Z-Energy premium. Astounding.

[horus1]

The trouble with trustpower is the Electricity Authority, a regulator, has announced it is getting Transpower to stop Distributors paying ACOR to distributed generators. That will cost Trustpower in the order of !5-20M a year . It is a very bad decision and trustpower went to court over it and lost. The EA is a disaster on regulation.

[BlackPeter]

The trouble with trustpower is the Electricity Authority, a regulator, has announced it is getting Transpower to stop Distributors paying ACOR to distributed generators. That will cost Trustpower in the order of !5-20M a year . It is a very bad decision and trustpower went to court over it and lost. The EA is a disaster on regulation.

Excuse my ignorance ... what does ACOR stand for?