Don't forget, ex div tomorrow:).
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Don't forget, ex div tomorrow:).
It goes Ex June 1st ie tomorrow.
Game changer for NZ bus.What would you like electric or diesel?
http://www.stuff.co.nz/motoring/news...-lease-on-life
Electric buses are covered in the Infratil roadshow Currently travelling around the country. It is a growth area for the company and it was said that diesel buses would be well on the way out within 5 years. Go Bus was mentioned - they won several South Auckland routes from NZ Bus recently and have a committed to buying around 80 brand new buses at around half a mil each. Diesel.
(Go Bus is owned by two iwi charitable trusts, so do not pay tax on profits.)
Roadshow video and presentations are on their website, worth a look.
? SP up on no news...
I think people are after the higher yields. There was a huge sell order this morning at 338, but that was taken off after a while. Infratil is a safer company to invest in, for those wanting lower risk (DYOR). Mind you last time I went to their agm, they mentioned they believed to be undervalued.....