Asset value $4:17/share without upside recognized
Printable View
Asset value $4:17/share without upside recognized
Canberra Data Centres expects to grow its operating profit run-rate by more than 50 percent this year after increasing it by 35 percent in the March year just gone.
http://www.scoop.co.nz/stories/BU190...tda-growth.htm
bp thats growth eh
Back to square one for the Wellington airport runway extension consent. :mad ;:
http://www.sharechat.co.nz/article/3...a-centres.html
hmmmm I wonder if Infratil will follow NZ Super Fund to invest in North American data centres? Seems like a good use of Infratil's growing cash pile.
fees forgotten about lol , moving to new highs now
new highs again today , maybe my $5 price was not so silly?
Interesting view in Chris Lee latest "Taking Stock" on Infratil.
https://www.chrislee.co.nz/taking-stock
If you are not a customer you will need to register (for free) to read - and scroll down to Ed Lee (basically the second part of the newsletter)
He (Ed Lee) comments on Infratil's move from dividend stock to growth stock and mentions that growth stocks often need additional money to grow.
I agree as well with his view on the management fees.
From a personal perspective I'd see IFT currently as quite dear ... particularly considering their large investment in alternative energies. That's feel good stuff and might at some stage pay (material) dividends, but unlikely over the next decade or so.
I am sure the market will sort that out whenever they come to it ;);
That $100m outperformance fee to Morrison mentioned is one big lump of money eh.