Spark Infrastructure Share Price Increases After Release Of Investor Road Show Presentation


Spark Infrastructure Group (ASX: SKI) released its Investor road show presentation on 28 September 2018, following which the company’s share price increased by 2.75%.  The company announced that despite the continued uncertainty of energy policies the Performance fundamentals and outlook for a new energy future remain solid for the company. The networks of the company are leaders in efficiency, safety and reliability and are well placed to benefit from industry structural change to new energy future. For FY 2018, the company forecasted DPS growth of 4.9 percent to 16.0 cps. The company established New structure known as TransGrid Services in June 2018 to facilitate the efficient funding of unregulated new connections investment.

Australian Energy Market Operator’s (AEMO) Integrated System Plan (ISP) indicates that total system savings of $1.2 billion to $2.0 billion are achievable with its integrated approach and new transmission investments and the increase investment in transmission and interconnection is expected to deliver the lowest-cost, most reliable power system which support emissions abatement. In Victoria and South Australia, company’s distribution charges are approximately 25% of a typical household bill. It is expected that the company will become a tax payer in short term and the timing and amount of tax payable will be dependent on number of factors like underlying financial performance, tax timing differences and outcome of existing disputes with the Australian taxation Office.  [optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]

In HY2018, the company delivered 6.9% operating cash flow growth to $130 million. The HY2018 Distribution increased by 4.9% to 8.0 cps. The regulated asset base of the company increased by 1.5% to $5.9 billion and contracted asset base increased by 12.7% to $400 million. The transition to a new energy future is creating investment opportunities in both the regulated and unregulated areas in the business.  The total revenue of the company grew by 5.7% from $533.3 million in HY 2017 to $563.5 million in HY 2018. The operating cost of the company decreased from $150.6 million in HY 2017 to $150 million in HY 2018.  The EBITDA increased by 7.6% from $390.5 million in HY 2017 to $420.2 million in HY 2018. The net external Finance costs were changed from $85 million in FY2017 to $82.9 million in FY2018. The total investment portfolio distribution increased by 4.3% from $132.3 million in HY 2017to $138 million in HY 2018.

SKI’s share traded at $2.24 with market capitalization of $3.67 billion as on 28 September 2018 (AEST 4:50 PM).

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Checkout our Free Dividend Stocks Report

Specially made for income-hungry investors, Invest in growing Franked Dividends an opportunity that should not be missed.

6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report