Steel & Tube Holdings (NZX:STU) keen to chart new territories in 2021

• January 05, 2021 04:46 PM NZDT
• Kunal Sawhney

Summary The latest valuation of CDC signifies a rise in Infratil’s investment in CDC compared to September 2020. Amid rising demands, CDC is anticipated to result in its current data centres reaching capacity ahead of the expectations. I...

• December 19, 2020 06:44 PM NZDT
• Team Kalkine

Summary The latest newsletter of Steel & Tube Holdings sheds light on the Company’s new projects and long-term contracts secured by it. For the previous 6 month ending 31 December 2020, the Company anticipates reporting EBIT amid NZ$6...

• December 10, 2020 03:39 PM NZDT
• Team Kalkine

Summary Recently, Infratil rejected AustralianSuper's NZD5.4 billion takeover bid citing the offer is unattractive and undervalues IFT. AustralianSuper offered takeover bid twice to the Infratil twice this year, however, during the second time ...

• December 09, 2020 03:08 PM NZDT
• Team Kalkine

Summary Infratil received a cash offer from AustralianSuper to acquire 100% of the Company at $7.43 per share, representing a 22% premium on Infratil's share price. However, the Company has turned down the offer as it undervalued assets of ...

• December 07, 2020 02:45 PM NZDT
• Kunal Sawhney

Summary Infratil is planning to undertake a strategic review of its stake in Tilt Renewables, a wind farm company with a portfolio of operating assets in Australia and NZ with a significant development pipeline, after strong interest from potent...

• December 04, 2020 10:02 PM NZDT
• Team Kalkine

The COVID-19 pandemic has impacted the global economy and the impact has been felt in various sectors. However, there have been announcements about stimulus packages which are aimed to bring stability. New investment projects are being put on hold or...

• December 02, 2020 04:15 PM NZDT
• Team Kalkine

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...

• November 24, 2020 02:09 PM NZDT
• Team Kalkine

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...

• November 20, 2020 11:11 PM NZDT
• Team Kalkine

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...

• November 17, 2020 04:45 PM NZDT
• Team Kalkine

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...