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14-05-2019, 09:03 AM
#2121
Originally Posted by couta1
Looks like a messy can of worms deal for IFT and after all it's Vodafail we are talking about here. Lol
Might get ComCom permission ...might have to sell Trustpower ...might have to sell their share of consortium .....lot of mights but they’ll sort it out
One thing RetireAustralia is up for sale.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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14-05-2019, 09:17 AM
#2122
Originally Posted by winner69
About 70 cents for every share so something like a 1 for 6 at 4 bucks
What lucky coincident IFT shares are trading so high these days ...
While I think this is an interesting move for IFT with potential to improve the NZ communication industry - I am pretty sure that there will be later on better opportunities to buy more IFT shares, but hey - time will tell.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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14-05-2019, 09:39 AM
#2123
I can see them holding Vodafone for at least a couple of years and then floating like what they did with Shell(Z). They made great money out of that and who knows, maybe they might float Vodafone in three years for roughly 4-5 billion by then. Great return to shareholders.
I will remain a happy holder for now.
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14-05-2019, 10:00 AM
#2124
Originally Posted by winner69
About 70 cents for every share so something like a 1 for 6 at 4 bucks
Announcement seemed to indicate that not all the equity would be raised from existing shareholders.
"A significant proportion of any equity raising is expected to be directed towards existing shareholders."
Last edited by macduffy; 14-05-2019 at 10:02 AM.
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14-05-2019, 10:04 AM
#2125
Long Member
presumably any sale of the retire australia business would be redeployed here too?
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14-05-2019, 10:05 AM
#2126
Originally Posted by Ggcc
I can see them holding Vodafone for at least a couple of years and then floating like what they did with Shell(Z). They made great money out of that and who knows, maybe they might float Vodafone in three years for roughly 4-5 billion by then. Great return to shareholders.
I will remain a happy holder for now.
Getting a bit ahead of ourselves here but Brookfields, as equal partners, may have a say in future plans!
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14-05-2019, 10:51 AM
#2127
Interesting times for IFT holders.
A big transition in the works from 'traditional infrastructure' (power, transport, airports etc) to 'digital infrastructure' (data storage, data distribution, phone data) etc.
Over the past 5 yrs, IFT's SP has pretty much tracked the NZX 50 index. Will this change going forward?
For the time being, news of more capital raising seems to be taking the froth off recent SP rises.
Attachment 10535
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14-05-2019, 11:00 AM
#2128
Originally Posted by Left field
Interesting times for IFT holders.
A big transition in the works from 'traditional infrastructure' (power, transport, airports etc) to 'digital infrastructure' (data storage, data distribution, phone data) etc.
Over the past 5 yrs, IFT's SP has pretty much tracked the NZX 50 index. Will this change going forward?
For the time being, news of more capital raising seems to be taking the froth off recent SP rises.
Attachment 10535
all part of there previously mentioned re - strategy to position the portfolio for growth
bit like a core / satelite investment portfolio
Last edited by bull....; 14-05-2019 at 11:02 AM.
one step ahead of the herd
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14-05-2019, 11:05 AM
#2129
Can't help wondering how many more tens of millions of fees Morrison and Co will earn out of this whole thing, (after their recent $100m, fee shocker)...sorry folks, I am sure this transaction has nothing whatsoever to do with earnings massive fees, just being a cynical dog, as you were folks...who's want to own vodafail anyway...opss there I go again...bad dog back in your kennel...
Last edited by Beagle; 14-05-2019 at 11:27 AM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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14-05-2019, 11:09 AM
#2130
Originally Posted by Left field
Interesting times for IFT holders.
A big transition in the works from 'traditional infrastructure' (power, transport, airports etc) to 'digital infrastructure' (data storage, data distribution, phone data) etc.
Over the past 5 yrs, IFT's SP has pretty much tracked the NZX 50 index. Will this change going forward?
For the time being, news of more capital raising seems to be taking the froth off recent SP rises.
Attachment 10535
Still way too pricey,take a look at the PE ratio.
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