Good points made & agreed.
However if you were making an investment decision this Wednesday evening what would be your decion?
Good to hear support for IFT "junk bonds" even though they are mostly illiquid.
Printable View
My decision this week was to buy some IFT350 as I see it as a good rate for the length to maturity of the bond.
But only reason to choose that over IFTHA is that I have recently topped up on those and have enough.
I see these as a good fit (I have other IFT bonds too).
But if I had neither and was looking at putting some money in only one, I'd probably opt for the IFT350, but there would be a lot of thinking to be had.
In reality I'd split my money between the two.
Hi all. My latest column published on my Substack, Just the Business, takes a look at why people were disappointed with Infratil's annual results. The headline is: Disappointment in Infratil's guidance is misplaced
And you can find it here: https://justthebusinessjennyruth.substack.com/
Nice little boost for Infratils Medical imaging business in NZ
https://www.nzherald.co.nz/nz/politi...OJHHE3S3BOPYU/
IFT have a new state of the art imaging set up in Whanarei. People used to either travel to Auckland or actually not bother going which was a sad state of affairs.
Stock rerating underway.
Shareholder roadshows are in full swing.
I attended one. They answered all questions well enough for me. Fisher funds provide better refreshments. I see that as a positive for IFT. All business and very available on a one to one basis. A lot of growth projected and I expect 12 months from now they will be presenting a different picture.
I do believe we have another ATH!!!
It's running up very fast on no news. We may get a please explain why
https://m.youtube.com/watch?v=x8ByFTrIAyM#bottom-sheet
Hopefully the link works.
Sharesies interview with Jason Boyes
The SP was $11.25 on 20 May. I was surprised then that it shortly went back under $11. Maybe this break out will be sustained. I think the results were good enough for that.
I would like Infratil to favour the renewables and data centre strategy as opposed to more investment in airports. In my opinion, With airports there are greater macro risks including carbon policy affecting long haul holiday flights, the risk from more epidemics etc.