Infrastructure and Real Estate Stocks

Infratil (NZX:IFT): What are its guidance and outlook for FY22?

 Infratil (NZX:IFT): What are its guidance and outlook for FY22?

Highlights In its Annual Meeting last month, the Company gave an insight into its earnings guidance for the year closed March FY22. Infratil kept the FY22 Proportionate EBITDAF guidance range from continuing operations the same as before. The ...

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Barfoot & Thompson Reports five months of continuous month-on-month Sales growth

Barfoot & Thompson Reports five months of continuous month-on-month Sales growth

Summary Barfoot & Thompson recorded the sale of 1,551 properties in Auckland, with total value of NZ$1,637,811,209. November 2020 was a busy month for the Company. It listed 2,335 new properties during this month. The improved number of li...

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Metro Performance Glass (NZX:MPG) unveiled 1H21 results; Stock ended in green

Metro Performance Glass (NZX:MPG) unveiled 1H21 results; Stock ended in green

COVID-19 pandemic has affected every nook and corner of the world, along with the various businesses, only varying in the degrees they have suffered than the others. Hospitality and tourism were the worst hit sectors. Though, every industry had th...

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One Property Stock Navigating Macro-Economic Challenges

One Property Stock Navigating Macro-Economic Challenges

As the market players are aware, the outbreak of COVID-19 pandemic has impacted several sectors and industries. The airline industry and tourism industry witnessed significant impacts. There have been announcements with regards to stimulus packages s...

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Vital Healthcare Property (NZX:VHP) Outperformed, Recorded a total return of 12.7%

Vital Healthcare Property (NZX:VHP) Outperformed, Recorded a total return of 12.7%

Summary Vital Healthcare Property Trust recorded a total return of 12.7% for one-year period to 30 September 2020. VHP outperformed the S&P/NZX All Real Estate Index by 17.1% over the same period. Despite the ongoing COVID-19, Vital Health...

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Leaf through NZX Player Kiwi Property Group’s latest updates

Leaf through NZX Player Kiwi Property Group’s latest updates

Summary Shares of Kiwi Property Group have surged by 30% in the past 3 months and closed at $1.3 on 13 November, down by 1.14% from the previous close. Recently, Kiwi Property Group provided valuation, also, its independent valuation update inc...

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Infratil ended in green post releasing its half-year results

Infratil ended in green post releasing its half-year results

Summary Recently, Infratil reported lower profit in its 6-month results due to coronavirus pandemic impacting its business. Vodafone NZ, which Infratil half owns since July 2019 saw earnings lowered as well. Acquisitions and diversification of...

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How did Vector (NZX:VCT) perform in the September quarter?

How did Vector (NZX:VCT) perform in the September quarter?

Summary On 23 October, Vector last traded at $4.39 in the NZ share market, up by 0.92% from its last close. Vector witnessed substantial increase in network connection numbers across its electricity and gas networks. Electricity network consume...

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NZX listed Infratil (NZX:IFT) share price on the verge to cross all-time high

NZX listed Infratil (NZX:IFT) share price on the verge to cross all-time high

Summary Infratil Limited share price has surged by 78%, from a low point of $3.08 on 23 March to a high point of $5.49 on 22 October. The Group posted an Underlying EBIDTA of $480.9 million for FY20 compared to $431.2 million in FY19 and made i...

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Centuria (ASX:CNI) to raise $100 Million as it acquires Visy Glass Facility

Centuria (ASX:CNI) to raise $100 Million as it acquires Visy Glass Facility

ASX-listed Centuria Capital Group (ASX:CNI) has acquired Visy glass facility in Auckland at NZ$178 million through its wholly-owned subsidiary. The acquisition by Centuria will be on a 20-year sale and leaseback, forming a new NZ single asset unli...

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A Stock Possessing Decent Fundamentals and Outlook

A Stock Possessing Decent Fundamentals and Outlook

In these uncertain times, it can be said that investors are looking protection of their capital or for stocks paying decent dividends. As we know, the outbreak of COVID-19 has disrupted the global financial markets and there is uncertainty about the ...

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