IFT - Infratil

[Toddy]

http://www.nzherald.co.nz/section/1/...ectid=10464825

Infratil looks like it would be set to do well under such a scheme, I mean which of their projects produces a lot of pollution?

Airports? Not really. Buses? Yes but they have those fancy new *clean* ones.

IFT have positioned themsleves to be 'green' for a very long time. We will have to wait to see how the AIA saga plays out before we can see the full impact of todays developments on the IFT SP.

I'm picking it will settle somewhere around $3.15-$3.20 over the next few weeks.

[Toddy]

Big volume today for IFT. 1.85m shares traded. Closing price $3.03.

Something is up.

[Caesius]

Awesome, I've always seen IFT as a very "quiet" company, Lyold never making a huge ramping speech etc, any news is presented for what it is, nothing more, nothing less.

Thats my impression anyway.

Volume does look relatively large.

[TimeIsMoney]

Possibly a bid coming in for Whenuapai airbase from Colin Giltrap (according to Herald). Air NZ shares also up.

Infratil of course benefits from the new carbon scheme from government due to its Trustpower holding.

[Toddy]

More good news for IFT.


GENERAL: TPW: TrustPower Welcomes Mahinerangi Wind Farm Decision

Media Statement from TrustPower Limited
1 October 2007
TrustPower Welcomes Mahinerangi Wind Farm Decision
TrustPower has welcomed the Resource Consent application decision, giving its
Mahinerangi Wind Farm the green light.
Chief Executive Keith Tempest says TrustPower will now wait until the appeal
period is over, before reviewing the business case for the project and then
progressing with detailed design.
"Wind farm construction is very dependent upon windows of opportunity, where
things like exchange rate, turbine price and turbine availability all have to
coincide, and until legislation is passed, there remains some uncertainty
regarding the application of the proposed carbon trading regime. In
addition, South Island projects such as this have the additional burden of
having to overcome the hurdle of HVDC or Cook Strait cable charges, even
although they are intended primarily to supply electricity to the local
region."
TrustPower's proposed 200 MW Mahinerangi Wind Farm, which could ultimately
supply enough electricity for 100,000 homes, is expected to be built in
stages.
Due to its location adjacent to the lake supplying TrustPower's four-station
Waipori hydro scheme, the wind farm will allow TrustPower to make best use of
both the wind and hydro resources. Because it will feed directly into
existing line connected to Dunedin's Halfway Bush substation, it will improve
efficiency and security of supply, and free up electricity currently imported
into Dunedin from Roxburgh and the Waitaki system for use elsewhere.
The total cost of the 200MW wind farm is expected to exceed NZ$400 million.

[Caesius]

Damn, would someone be good enough to post the Sept Update? The announcement only states that it has been mailed out. Apparently I'm not on the mailing list.

[Viking]

Looking at Phaedrus' graph above, few of the Buy Signal should have been broken by now.

[Toddy]

Damn, would someone be good enough to post the Sept Update? The announcement only states that it has been mailed out. Apparently I'm not on the mailing list.

Look for Sept 2007 update under the following link.

http://www.infratil.com/company_reports.htm

[Caesius]

Whoops.

Thanks toddy, I checked under announcements and there was no mention so I assumed it wasn't available yet..

Thanks again

[Toddy]

Caesius

What did you think of the update. It certainly sparked some interest in the TPW share price. It was great timing as the report was released on the same day as the Medredian/Mighty Power/Genises financials with market updates etc.

Its been a busy few days for IFT. I cannot see alot stopping Lloyd from being successful with his AIA board seat bid.