IFT - Infratil

[alokdhir]

Seems that buying support is gone ...so today SP drifting down !

[maclir]

FY results coming up on budget day, 19/5.

[kiora]

"The networks are said to be worth more than $1 billion apiece and are expected to attract strong interest, in line with the trend overseas which has seen high prices paid for similar assets."
https://www.rnz.co.nz/news/business/...ay+12+May+2022

[alokdhir]

"The networks are said to be worth more than $1 billion apiece and are expected to attract strong interest, in line with the trend overseas which has seen high prices paid for similar assets."
https://www.rnz.co.nz/news/business/...ay+12+May+2022

Hopefully it will add some value to IFT valuations thus SP ...maybe doing so thats why its so resilient in such bad markets environment

[kiora]

Succession plan well imbedded

https://stocknessmonster.com/announc...ft.nzx-392276/

[Sideshow Bob]

Infratil Full Year Results for the year ended 31 March 2022 - NZX, New Zealand’s Exchange

Infratil produces record result, highlights significant investment into high conviction sector platforms

Infratil Limited today announced a record net parent surplus of $1.17 billion for the year ended 31 March 2022 - the largest annual profit since Infratil’s establishment.

Proportionate EBITDAF of $513.9 million (before changes in the accounting treatment of SaaS expenses) was delivered above the mid-point of guidance which was $500 million to $520 million.

Proportionate EBITDAF including the SaaS adjustment was $474.9 million, up 27.9% percent on the previous year’s $371.2 million. The increase predominately reflects strong earnings growth from Vodafone and an increased earnings contribution from Infratil’s new healthcare platform.

[alokdhir]

Great results and decent guidance in this difficult markets ...Its surely a big positive

[Swala]

I can never understand why some investors shun Infratil because of "high management fees". A consistantly excellent performer with great management that is rewarded appropriately.

[Ggcc]

I can never understand why some investors shun Infratil because of "high management fees". A consistantly excellent performer with great management that is rewarded appropriately.

Totally agree. It almost sounds like sour grapes. I’m sure that if this company underperformed my tune would change, but until now they have performed extremely well for shareholders

[Bjauck]

Great results and decent guidance in this difficult markets ...Its surely a big positive

I have been a long term investor. It is interesting to see that their after tax return has averaged at 21.6% in the last 10 years - above their post listing return of 18.7%. I remember several decades ago, reading that their goal was 18% shareholder return pa. Good job. I don't mind paying commission/manager fees for a good job done.