Podcasts about infratil

With the Australian reporting season just about coming to an end, Nvidia has been a big focus for investors on Wall Street. MARKET WRAP: ASX200: up 0.33%, 8,268 GOLD: $2,909 US/oz BITCOIN: $136,955 AUD Qantas shares jumped another 5.6% on the day to $9.39 – and has gained more than 80% over the last year. Medibank Private announced better retention of clients and fewer claims shares up just under 10% to $4.42 Ramsay Health Care shares up more than 6% to $36.18 Infratil lifted more than 2% to $9.72 after an increase in shareholding from some board members. Sequoia reported 137% lift in profit - shares jumped more than 3% to 44 ½ cents. Perpetual fell just under 10% after a disappointing reporting result and again confirming the takeover from private equity firm KKR was off the table. Mercury New Zealand shares down 7% to $5.40 Pro medicus fell more than 3% to $263.08 and CSL fell 1.7% to $260.29 And Wisetech global have had a busy week, but shares were sold down today down to $93.99. CURRENCY UPDATE: AUD/USD: 62.95 US cents AUD/GBP: 49.7 pence AUD/EUR: 60 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

A deal between Amcor and US group Berry group will see the Aussie packaging giant have 400 factories in its operations. MARKET WRAP: ASX200: down 0.57%, 8,326 GOLD: $2,628 US/oz BITCOIN: $142,306 AUD Utility and Health Care stocks just escaped the losses, with CSL up 1.1% and Pro Medicus rising 1%. Northern Star and Evolution mining both up 1% Small gains for Commonwealth Bank, Infratil and Origin Energy. Amcor's merger announcement saw down 1.2% to $15.51. Energy stocks were down around 1%, with Woodside & Santos both falling around 0.7%. Nick Scali told the market that freight problems had hurt its guidance, shares fell 1.7% to $13.84. Telstra was down 2.3% and James Hardie fell 2%. CURRENCY UPDATE: AUD/USD: 65.23 US cents AUD/GBP: 51.4 pence AUD/EUR: 61 Euro cents AUD/JPY: 101 Japanese yen AUD/NZD: 1.10 NZ dollars See omnystudio.com/listener for privacy information.

The latest inflation figures will be a highlight in the US this week, while Fed Chair Jerome Powell is scheduled to speak on Thursday in Dallas about the economic outlook. Closer to home, the Reserve Bank of New Zealand's survey of expectations will be in focus, as will the latest housing market report from the Real Estate Institute. On the corporate front, the international reporting season is winding down but we'll still hear from Home Depot, Tencent, Burberry, Walt Disney and Alibaba. There's quite a bit to monitor across the NZX and ASX too, with earnings releases due from Goodman Property, Mainfreight and Infratil here in Aotearoa, and from Aristocrat and Xero across the Tasman.

We put some investor questions to Contact Energy Mike Fuge as the gentailer makes its case for a $2.3 billion takeover of renewable wholesale power company Manawa Energy.  Mike provides a picture of what a combined portfolio of energy assets would look after adding Manawa's 25 hydro power stations, plus how this acts as a natural hedge.   But is Contact paying too much given recent challenges at Manawa (including a recent earnings downgrade) and what does it mean if Manawa majority shareholder Infratil sells and takes a 10.5 % stake in Contact?  When does the transaction pay its way? And what does the Commerce Commission need to weigh up to approve the deal that would make Contact the number 2 gentailer behind Meridian? Tune in to find out!   For more or to watch on youtube—check out http://linktr.ee/sharedlunch Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time. See omnystudio.com/listener for privacy information.

In this week's Monday Market Highlights, Credit Analyst Remy Morgan looks into US data releases which came in softer than expected, including retail sales for May, initial jobless claims, and housing starts and building permits. She also discusses UK May CPI data and Bank of England policy rates, Chinese data which showed slower industrial growth and a persistent property market downturn. Closer to home she looks into the RBA keeping the cash rate unchanged, and NZ GDP which modestly increased over the quarter. In Equity news, Remy covers Infratil, Integral Diagnostics, Kathmandu and Rip Curl.   This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.

What's next for the market darling infrastructure investment company infratil? Can it maintain double digit growth?  We talk to Infratil CEO Jason Boyes as the company reflects on 30 years and its $14 billion portfolio of 15 companies across four sectors—digital, renewables, healthcare and airports. Off the back of Infrail's full year results and outlook, we discuss Asia Pacific including a potential deal with Hong Kong Telecom, balancing AI demand with sustainability, and will Infratil buy the remaining stake in Wellington Airport?   For more or to watch on youtube—check out http://linktr.ee/sharedlunch Brought to you by Sharesies, with BusinessDesk. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.

It was the second good week in a row for global sharemarkets, with many continuing to rebound from the weakness we saw in April. Markets still see interest rate cuts on the horizon, with some comforting Federal Reserve comments and a softer jobs report adding to hopes last week. This week, the US consumer will be in focus as the University of Michigan consumer survey is due for release. We'll also get the latest Fed Senior Loan Officer Opinion Survey (SLOOS) on credit conditions, while monetary policy decisions are due in Australia and the UK. The US quarterly reporting season is about 80% complete, but some of the highlights this week will include BP, Disney, Ferrari, FMC Corporation and Nintendo. In New Zealand and Australia, earnings releases will be forthcoming from Infratil, Westpac and ANZ Bank.

Wall Street closed mixed on Friday with the S&P500 climbing 0.57% to close above 5000 points for the first time ever on Thursday as investors responded to December's revised inflation report came in below first reported reading. The Dow Jones fell 0.14% at the closing bell while the tech-heavy Nasdaq ended the day up 1.25%. Over the 5 trading days last week the S&P500 added 1.4% in its 5th straight positive week, the Nasdaq rose 2.3% and the Dow Jones remained flat across the trading week.The initial December inflation reading of 0.3% growth was downwardly revised on Friday to a 0.2% increase and core inflation results for the U.S. are due out this week.Strong earnings results are also driving investor confidence in the US as tech mega caps including Nvidia and Alphabet rallied 3.6% and 2% respectively on Friday while Cloudfare soared 19.5% on strong earnings.Over in Europe, markets closed slightly lower on Friday as investors digested corporate earnings results despite the release of favourable economic data out in the region. The STOXX600 fell just 0.08% on Friday, Germany's DAX lost 0.22%, the French CAC dropped 0.24%, and in the UK, the FTSE100 ended the day down 0.3%.Fresh inflation data out of Germany released on Friday indicated inflation fell to 3.1% in January in a positive sign for Europe's largest economy.Locally on Friday, the ASX200 rose 0.07% led by the technology sector rallying 1.12% and healthcare stocks adding 1%, while losses among energy and utilities stocks weighed on the key index.Boral shares jumped 13% on Friday after the leading cement producer delivered very strong first half results including revenue up 9.4% and underlying NPAT soaring 143% over the 6-month period. Strong price realisation and volume recovery were the drivers of the stronger first half results.Local uranium stocks took a hit on Friday after Canadian uranium miner Cameco announced plans to expand production at its Cigar Lake Mine and McArthur River/Key Lake, to address the growing global demand for the key commodity. Boss Energy fell 12.7% on Friday while Paladin Energy fell just over 7%.What to watch today:Ahead of the local trading session here in Australia to start the new week, the ASX200 is set to open Monday's session slightly in the red ahead of a big reporting season week locally this week.On the commodities front this morning, oil is trading 0.81% higher at US$76.84/barrel, gold is down 0.5% at US$2022.90/ounce, uranium is up 6% at US$106/pound and iron ore is flat at US$128/tonne.AU$1.00 is buying US$0.65, 97.29 Japanese Yen, 51.67 British Pence and NZ$1.06.On the reporting season calendar today, you can expect to see results released from Aurizon Holdings, Beach Energy, JB Hi-Fi, and James Hardie Industries.Trading Ideas:Bell Potter has maintained a hold rating on REA Group (ASX:REA) and has slightly decreased the 12-month price target from $179 to $174 following the release of first half results including a 22% increase in EPS to 189cps, a 16% increase in dividend to 87cps which fell short of Bell Potter expectations. Despite the strong quarter, Bell Potter believes the current share price of $176.43 has REA Group relatively fully valued.And Trading Central has identified a bullish signal on Infratil (ASX:IFT) following the formation of a pattern over a period of 9-days which is roughly the same amount of time the share price may rise from the close of $10.11 to the range of $10.80 to $11/share according to standard principles of technical analysis.

Diversified infrastructure investor Infratil's first half net profit has more than doubled, reflecting a big boost from its near 100 percent ownership of mobile telco, One NZ. Anan Zaki has the business news.

Diversified infrastructure investor Infratil's first half net profit has more than doubled, reflecting a big boost from its near 100 percent ownership of mobile telco, One NZ. Anan Zaki has the business news.

The key economic release this week will be the October inflation report in the US. Due Tuesday, the headline consumer price index is expected to slow further, although core inflation is forecast to remain stubbornly high. Markets will also be watching US retail sales on Wednesday. Politics will also be in the spotlight, ahead of Friday's deadline for US Congress to avert a government shutdown as well as the APEC economic leaders' week in San Francisco continuing throughout the week. US President Joe Biden and Chinese President Xi Jinping are expected to meet on Wednesday, amidst a deteriorating relationship between the world's two biggest economies. Locally, we'll get the October housing report from the Real Estate Institute, as well as the latest migration figures. Earnings releases will be forthcoming from Napier Port, Serko and Infratil, while Precinct Properties, Contact Energy and a2 Milk will be among those holding annual meetings.

Volatility in global markets continued into the last trading week of October, however, so far November has started on a green note across the key trading regions. Investors started buying again given Fed maintained the US cash rate for another term, eurozone inflation data came in at a 2-year low for October, and Australian quarterly company results showed resilience across some sectors.Concurrently, governments worldwide are actively pressing forward with the transition to green energy with key commodities playing a vital role.In this week's wrap, Grady covers:(0:33) geopolitical tensions and China's recovery post-pandemic,(0:52) the rally of infrastructure investment company, Infratil,(1:02) governments pushing for a transition to green energy,(2:52) key commodities' impact on the energy transition,(3:49) the $2 billion Hydrogen Headstart program,(5:11) the best performing stocks in the ASX200,(6:06) the most traded stocks & ETFs by Bell Direct clients, and(6:34) five economic news items to watch out for.

A Wellington City Councillor wants to take a leaf out of Auckland's book, encouraging the council to sell its airport shares. Wellington City Council has a 34 percent stake in the capital's airport. And Auckland Council recently sold seven percent of shares in Auckland Airport, to bring debt down. Councillor and former Airport Chair Tim Brown says this would provide insurance in the case of a major earthquake. He says Auckland encountered a massive storm with billions of dollars worth of damage, and people trying to find out how they'll cope. LISTEN ABOVE   See omnystudio.com/listener for privacy information.

A Wellington City Councillor wants to take a leaf out of Auckland's book, encouraging the council to sell its airport shares. Wellington City Council has a 34 percent stake in the capital's airport. And Auckland Council recently sold seven percent of shares in Auckland Airport, to bring debt down. Councillor and former Airport Chair Tim Brown says this would provide insurance in the case of a major earthquake. He says Auckland encountered a massive storm with billions of dollars worth of damage, and people trying to find out how they'll cope. LISTEN ABOVE   See omnystudio.com/listener for privacy information.

Utilities investor Infratil is to take an 80 percent stake in a Hong Kong based business Console Connect for close to $260 million. Kim Moodie has the business news.

Infratil CEO Jason Boyes joined Shared Lunch recently to talk about its future plans with One NZ, as well as how investing in renewables is not only essential, but a long-term growth strategy. This quick bite was from our episode 'One NZ's future with Infratil' For more or to watch on youtube—check out http://linktr.ee/sharedlunch Brought to you by Sharesies, with BusinessDesk. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.

What's the future of One NZ now Infratil has full control? We talk to Infratil CEO Jason Boyes about its $1.8 billion buy, part funded by a $850 million share placement—including the $100 million retail offer closing 27 June.     Will the telco be floated and how will the business be improved? Plus we find out why One NZ provides the stable cashflow that lets Infratil invest offshore. For more or to watch on youtube—check out http://linktr.ee/sharedlunch Brought to you by Sharesies, with BusinessDesk. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.See omnystudio.com/listener for privacy information.

In this week's Monday Market Highlights, Sustainable Investment Analyst Nick Morgan discusses the RBA's surprising rate hike, Australia's Q1 GDP growth, a lower than forecasted ISM services print in the US, a second quarter of negative growth for the EU, and the China inflation print coming in slightly below expectation for May. In equity news, Nick looks into EBBOS losing its major contract with the Chemist Warehouse, Infratil's announced acquisition of the remaining 50% of One NZ, Auckland Council's selling down of their stake in Auckland International Airport, and downgrades for ASX Limited and Baby Bunting. This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.

This week we cover the June RBA interest rate decision, Australian Q1 GDP growth, European Q1 GPD, the China inflation print, EBOS, Infratil, Auckland International Airport, and Baby Bunting. This podcast is moving to Milford's new podcast channel OnTrack with Milford. Head over to https://ensombl.com/go/20230612 and subscribe so you don't miss any episodes. Join the Ensombl platform: App Store: http://www.ensombl.com/apple Google Play: http://www.ensombl.com/google Desktop: https://www.ensombl.com/ General Disclaimer – https://www.ensombl.com/disclaimer/

Infrastructure investment company Infratil will pay $1.8 billion to take full control of One NZ. This purchase will double Infratil's stake in One NZ and easily make it Infratil's largest asset in their portfolio. Fisher Funds senior portfolio manager Sam Dickie says this is a clear vote of confidence from Infratil, who stand to benefit from working with One NZ. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Infrastructure investment company Infratil will pay $1.8 billion to take full control of One NZ. This purchase will double Infratil's stake in One NZ and easily make it Infratil's largest asset in their portfolio. Fisher Funds senior portfolio manager Sam Dickie says this is a clear vote of confidence from Infratil, who stand to benefit from working with One NZ. LISTEN ABOVE  See omnystudio.com/listener for privacy information.

Technology journalist Peter Griffin is along to talk about how China has gained the edge in key technologies and how a central part of the AUKUS pact between Australia, the UK and US looks at how to counter that. Peter will talk about what those critical technologies are, and argue the case that New Zealand would benefit from joining the non-nuclear part of AUKUS. He'll also discuss Infratil's move to buy up a remaining stake in One New Zealand - formerly Vodafone and give his take on Apple's new Vision Pro headset.

US markets are set to rally on Monday following the conclusion of a length negotiations process over raising the U.S. debt ceiling which finally concluded on Saturday (US time). Stocks in the US rallied on Friday as investors grew hopeful of an outcome in the debt ceiling negotiations between President Biden and House Speaker Kevin McCarthy. The Dow Jones rose 1%, the S&P500 added 1.3%, and the tech-heavy Nasdaq rallied 2.2%. On Saturday night in the US, President Biden and Kevin McCarthy held a 90-minute-long phone call to discuss the deal where a compromise was reached and an agreement in principle has been decided. House speaker Kevin McCarthy expects congress to pass the debt deal, which is called a compromise and is good for the country because according to Biden, ‘it prevents what could have been a catastrophic default and would have led to an economic recession, retirement accounts devastates and millions of jobs lost'.And over in Europe, markets closed higher as investors looked ahead to a crucial weekend for the U.S. debt ceiling negotiations. Technology stocks in the region rallied late in the week following the release of chipmaker Nvidia's strong results. Germany's DAX rose 1.2% on Friday, the French CAC rose 1.24% and, in the UK, the FTSE100 added 0.74%.The local index closed 0.23% higher on Friday, buoyed by a rally for technology stocks, also on the back of Nvidia's strong results which fuelled a rally for tech stocks around the world. Investor appetite is also growing for technology stocks as rate hike pauses and potential cuts are on the horizon in the future. Materials stocks also had a strong end to the week with the sector rising 0.93% on Friday on a solid rebound in the price of iron ore which has been slammed lately on weakened demand outlook out of China.What to watch today:Ahead of the local trading session here in Australia, the SPI futures are anticipating the ASX to open almost 1% higher, driven by a boost in sentiment as debt ceiling negotiations come to a close.On the commodities front this morning, oil is trading 0.86% higher at US$73.32/barrel, coal is flat at US$160/tonne, gold is up 0.14% at US$1943/ounce and iron ore is up 3.55% at US$102/tonne.Stocks trading ex-dividend today include Dalrymple Bay Infrastructure and Infratil. If you've been thinking about these stocks it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.AU$1.00 is buying US$0.65, 91.83 Japanese Yen, 52.8 British Pence and NZ$1.08.Trading Ideas:Bell Potter has decreased the price target on Eagers Automotive (ASX:APE) from $15.25 to $15 but maintain a buy rating on the leading automotive retailer following the release of the company's trading update at its AGM which was slightly below Bell Potter expectations with underlying NPAT before tax for the first four months of the year only in line with the PCP. Bell Potter expects a stronger H2 due to further improvement in deliveries from the big three – Toyota, Mitsubishi and Mazda as well as BYD.Trading Central has identified a bullish signal on APM Human Services International (ASX:APM) following the formation of a pattern over a period of 17-days which is roughly the same amount time the share price may rise from the close of $2.04 to $2.14 to $2.18 according to standard principles of technical analysis.

This week we cover the US Core PCE index, the University of Michigan consumer sentiment survey, Eurozone CPI data, the ANZ consumer confidence index, Australian preliminary retail sales data, First Citizen Bank, Albemarle, United Malt Group, and Infratil. Disclaimer: This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.

A major infrastructure company says it is in a good position to help out the public health system and make a profit as well. Infratil, which is best known for it's investment in airports has embarked on a major expansion of private medical scanning clinics around the country. Reporter Phil Pennington spoke to Corin Dann.  

This week we cover the US Core PCE index, the University of Michigan consumer sentiment survey, Eurozone CPI data, the ANZ consumer confidence index, Australian preliminary retail sales data, First Citizen Bank, Albemarle, United Malt Group, and Infratil. This market highlight is proudly brought to you by Milford https://milfordasset.com.au/ Join the Ensombl platform: App Store: http://co.xyadviser.com/xyistore Google Play: http://co.xyadviser.com/xygplay Desktop: https://www.ensombl.com/ General Disclaimer – https://www.xyadviser.com/disclaimer/

Return to the idea, rather than the business, Jason Boyes from Infratil, provides an insight into how they decide when to stick with an investment and when to cut their losses. This clip is from our previous episode of Shared Lunch. For more head to linktr.ee/sharedlunch Brought to you by Sharesies, with BusinessDesk. Register for upcoming episodes and submit your questions over on crowdcast.io/sharesies. If there are any companies, fund managers, or other special guests you'd like to see on Shared Lunch, flick us an email at sharedlunch@sharesies.co.nz to let us know. Subscribe to the Lunch Money email newsletter for bite-sized market updates twice a week. Investing involves risk. You might lose the money you start with. Content is current at the time. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Shared Lunch is for a New Zealand audience.

Hot off the press! Infratil CEO Jason Boyes joins us on Shared Lunch fresh from announcing their interim results. Jason speaks with Dan Brunskill about how how the infrastructure investment company is faring in these interesting times and what it means to ‘invest in ideas that matter', Shared Lunch is a conversation with experts, CEOs, and you. Each week we alternate between an interview with a company leader and an industry deep dive. Episodes are hosted by BusinessDesk journalists including Frances Cook and Dan Brunskill. Brought to you by Sharesies, with BusinessDesk Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time. Shared Lunch is for a New Zealand audience.

New Zealand's sharemarket has taken a tumble this week - one of many global markets to wobble after the US stock plunge. The Dow fell close to 1300 points on Tuesday, after American inflation data came in higher than expected. Stocks are creeping back up, but not before impacting our own leading stocks - with Air New Zealand, Fisher and Paykel Healthcare, and Infratil down by more than two percent. Infometrics principal economist Brad Olsen joins us now to discuss.See omnystudio.com/listener for privacy information.

The Australian Investors Podcast, Australia's top investing podcast for professionals and private investors, has today launched our first question and answer session, hosted by Drew Meredith, CFP and Owen Rask. We're calling it "2 sense". In these very laid-back investing discussions we'll attempt to answer all of your investing questions, including on ASX and global stocks, managed funds, ETFs, LICs or portfolio construction. That said, Drew and I will also any questions you want to throw at us: Direct stock ideas Macro forecasts Whether it's pronounced "finn ants" or "fine arts" Funds management Something business but completely unrelated Financial planning Whether curly moustaches make you a better investor Portfolio construction for retirement Drew and Owen's private company investing You name it! Submit your question or make a bold statement here. Be sure to select "The Australian Investors Podcast" when it prompts you to say where you want your question answered. If you would like Drew and Owen to cover a company on your watchlist or in your portfolio, or ask a question, use our Typeform to submit your question. Watch the video version on the Rask Australia YouTube page. Take Owen's brand new Value Investor Program, which gives you all the tools and knowledge you need to invest successfully in companies, including valuation spreadsheets, investing checklists and ASX company case studies. Alternatively, why not take Owen's FREE investor bootcamp: bit.ly/rask-analyst Join The Intelligent Investor & save This podcast is brought to you by The Intelligent Investor, Australia's premier investment research membership service. Use the code "RASK", to get $100 off your annual membership or get a free 15-day trial (no credit card details required):

New Zealand Herald Wellington business editor Jenée Tibshraeny discusses the issues plaguing the cost of living payment, Infratil's share price reaching a record high and housing debt moving slower than last year. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Infratil (IFT) expects its EBITDAF for the financial year to be in the range of $500 to $520 million dollars. AMD (AMD) buys Xilinx (XLNX) for $50 billion USD, AMD Chief Executive Lisa Su to be CEO of the combined company. BHP (BHP) profits for the half year came in at $9.4 billion US dollars, which was up 144% on the same period a year earlier. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

The Warehouse Group (TWG) is hit by lockdown disruptions, but online sales are up. Infratil (IFT) sees a record profit mainly on the back of the Tilt renewables stock sale. Tech commentator Peter Griffin talks to José about what else we've learnt about Meta (META) from the Facebook Papers. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

Merck (MRK) says it's new pill reduces the number of hospitalisations and deaths in Covid patients by half. A new deal sees Infratil (IFT) buy up Auckland Radiology, adding to its stack of healthcare acquisitions. Tesla (TSLA) quarter results see the company beating expectations for car deliveries. www.sharesies.com For more share market news, subscribe to Lunch Money, Sharesies' bite-sized email update: https://www.sharesies.nz/lunch-money If you'd like to get in touch, for any reason at all, email recap@sharesies.co.nz or record a voice message: https://anchor.fm/sharesies2/message. Investing involves risk. You aren't guaranteed to make money, and you might lose the money you start with. We don't provide personalised advice or recommendations. Any information we provide is general only and current at the time. For specific advice, speak to a licensed financial advice provider

Morrison & Co, the utilities investment business and manager of the listed company Infratil is getting new leadership.

This week, we have a returnee to Lunch Money! Brooke Roberts (Sharesies' co-founder) and Alice Rountree (Sharesies' Financial Analyst) talk to Phillippa Harford, Chief Financial Officer (CFO) of NZX-listed company Infratil (IFT).Phillippa touches on Infratil's latest financial results and what we can expect Infratil to focus on in the future. Acquisitions and climate change also make appearances in the chat—listen in to hear how these topics fit in with Infratil's business. If you'd like to check out Phillippa's previous Lunch Money episode listen to it here.

It was a wild session overnight on Wall Street after the Bitcoin price plunged causing Tech shares to come under pressure. Despite Wall Street's fall, the Aussie share market is set to open slightly higher, with the futures suggesting the market will lift 0.06%.  What to watch today:Unemployment data will be released this morning, with the market expecting the unemployment rate to hold at 5.6%, the lowest rate since April 2020. Given the expiry of JobKeeper and seasonal adjustment factors, it's believed that there is a higher-than-usual risk of an unexpected outcome in this jobs result. Company results out today include Auckland International Airport (ASX:AIA), Infratil (ASX:IFT), Serko (ASX:SKO), United Malt Group (ASX:UMG) and Webjet (ASX:WEB). Today, Eagers Automotive (ASX:APE) and G8 Education (ASX:GEM) hold their AGMs.The Oil price dropped more than 3% off the back of renewed demand concerns as COVID-19 cases in Asia rise, and fears of rising inflation continue.The Gold price retreated as the dollar and US Treasury yields rose. The most traded stocks by Bell Direct clients yesterday: Macquarie (ASX:MQG), Vanguard Australian Shares Index ETF (ASX:VAS) and ANZ Bank (ASX:ANZ).Trading ideas:Bell Potter has increased artificial intelligence company, Appen's (ASX:APX) price target by 8% to $14.25, which is an 8% premium to the share price and they maintain its Hold recommendation. Bell Potter have updated their view on Helloworld Travel (ASX:HLO), reducing their price target from $2.60 to $1.95, and its Hold rating remaining unchanged. Vita Group (ASX:VTG), Aurelia Metals (ASX:AMI) and Talga Group (ASX:TLG) are all giving off bullish charting signals according to Trading Central.  

New Zealand sharemarket darling Infratil is in danger of being lost offshore, to Australia's superfund. But is the company too important to lose? 

Digital healthcare start-up Tend has raised $15 million through a closed capital funding round to finance the next stage of its growth.The 3-month-old company, which conducts most of its patient doctors appointments virtually, is looking to acquire a string of medical clinics using the fresh capital, the NZ Herald reports. Tend founder and co-chief executive Cecilia Robinson said the funds were raised by the original four company founders - herself and husband James Robinson, Theresa Gattung and Dr Lee Mathias, along with new director and shareholder Marko Bogoievski - the chief executive of NZX-listed infrastructure investments firm Infratil.Each have put in the same valuation of capital.Bogoievski, who has taken a 13 percent stake in the company, brings 30 years of corporate and technology experience to the board.He told Heather du Plessis-Allan that in Tend he sees a group of people that are trying to address on of the countries biggest challenges, which is primary health care. "It's a combination of digital healthcare with physical support and services throughout the country that will redefine healthcare."It's not just about an online alternative. It's combining that with a use of data and better services that should change the way people think about healthcare."LISTEN ABOVE

Improved COVID numbers in Sydney but that positivity didn't translate to the ASX, with the major index down 1.05%. Maybe too much good news has already been priced in. REITs and healthcare were the only gainers while materials and energy weighed. Bumper preliminary retail sales figure from the ABS today - up 7% on October and 13.25 on November 2019. We're obviously still feathering our nests, with the household goods category seeing the largest increase (13%)...Our top three VODs are:Seven stocks, five ETFs, one 2020-sized pandemicHo ho ho! It's Heath's Christmas wrap of the marketsTilting for success; Tilt Renewables CEO on its Newcrest partnership and Infratil takeover offer See acast.com/privacy for privacy and opt-out information.

Business commentator Rod Oram joins Kathryn to look at what's behind AustralianSuper's hostile takeover attempt for New Zealand's Infratil, which owns strategic assets like Wellington Airport, Trustpower and half of Vodafone NZ. He'll also look at the trend by almost half of NZX50 companies to offer reports on their environmental, social and governance performance.

Business commentator Rod Oram joins Kathryn to look at what's behind AustralianSuper's hostile takeover attempt for New Zealand's Infratil, which owns strategic assets like Wellington Airport, Trustpower and half of Vodafone NZ. He'll also look at the trend by almost half of NZX50 companies to offer reports on their environmental, social and governance performance.

-- Macro signs are pointing up... -- Iron ore hits $150 / tonne and Fortescue shares hit an all-time high. --- … and gold falls -- Australian Super wants to buy Infratil… for $5b -- Food delivery mob DoorDash lists… for $78b -- And AirBnB about to follow (for $40b).. -- And we dip into the Fool mailbag! See omnystudio.com/listener for privacy information.

Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news there has been no progress in the US Congress to extend pandemic support that will expire at the end of this month. It will be dire for many if that doesn't happen.The rise in consumer debt in the US tailed off quickly in October. It was up only +US$7.2 bln, about half the gain expected and about half the September rise - which itself was revised lower. Revolving credit (mainly credit cards) actually shrank.Last week, retail sales dipped rather noticeably from the prior week (-2.4%), but they do seem to be above year-ago levels (+2.1%) even if that year-on-year progress is slipping away.In Germany, the latest business sentiment surveys reflect an improving outlook, although the same survey reports the current situation is very negative.In Australia, both businesses and consumers are increasingly confident about their prospects. Business conditions and confidence rose in November, continuing to suggest a rapid rebound in the economy as restrictions are eased and state borders open up. Consumers surveyed show that their current confidence is now higher than a year ago.And China has widened its ban on beef imports from Australia to a sixth supplier. And this time they have chosen one of Australia's largest beef exporters to China. Bans on sheepmeat are also expected.In New Zealand, infrastructure investment company Infratil (IFT) has received an unsolicited takeover offer from AustralianSuper, another investor in infrastructure assets, valuing the company at NZ$5.4 bln, or a +30% premium over its recent share price. Infratil is New Zealand's 10th largest listed company. They have been a major force bringing overseas owned businesses back into New Zealand ownership (Z-Energy, Vodafone, etc). AustralianSuper already has $1.3 bln invested in New Zealand businesses.Globally, there is little sign the air passenger market is recovering. It remains a massive -70% lower than for the same month a year ago. The only bright spot is the Chinese domestic market which is -1.4% lower than a year ago. At any other time a Chinese market down -1.4% would be seen as a disaster. But the next 'best' market is Brazilian domestic market which is down -45% year-on-year. Everywhere else is much worse.In the last-minute Brexit negotiations, leader-to-leader talks are now about to happen in Brussels.After starting the day in negative territory, the S&P500 has now moved slightly positive, reporting a +0.2% gain in early afternoon trade. Overnight European markets closed mixed with Frankfurt and London unchanged and the rest lower by about -0.2%. Yesterday, the very large Tokyo market ended its session down -0.3%, Hong Kong was down -0.8%, while Shanghai was down -0.8%. The ASX200 closed out yesterday with a +0.2% gain which the NZX50 Capital Index closed with a +0.5% rise.The latest global compilation of COVID-19 data is here. The global tally is 67,803,000 and a +553,000 rise in one day.But the largest number of reported cases globally are still in the US, which rose +196,000 overnight to 15,389,000. The UST 10yr yield will start today softer again, now at just over 0.91% and a -2 bps dip. The price of gold is up again today, gaining +US$4 to US$1869/oz.Oil prices are slightly softer at US$45.50/bbl in the US, while the international price is unchanged at US$49/bbl.And the Kiwi dollar has softened marginally to 70.4 USc. But against the Australian dollar we have firmed, back up to 95.1 AUc. Against the euro we are unchanged at 58.2 euro cents. That means our TWI-5 is still at 72.6, a level it has been at for about two weeks now.The bitcoin price has fallen -2.0% today and is now at US$18,851.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. We will do this again tomorrow. 

Utilities and infrastructure investor Infratil has reported a sharply lower profit as Covid-19 hit the earnings of its key investments. Gyles Beckford has te pūrongo pakihi.

Join the team as they dissect Infratil, introduce Zoono and discuss the hottest stock on the market, Afterpay. 01:06 – Infratil (IFT) 20:10 – Zoono (ZNO) 40:07 – Afterpay (APT) See omnystudio.com/listener for privacy information.

Infratil owns renewable energy, transport, data and connectivity, and social infrastructure businesses in growth sectors. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in the latest outlook for the business, concluding that they were too optimistic previously. As outlined in the Infratil FY2020 full year results announcement on 29 May 2020, given ongoing uncertainty over the duration and impact of the COVID-19 pandemic, Infratil will not be providing FY2021 Group earnings or dividend guidance at this stage. This talk reviews Infratil with Tim Brown who is currently Chairman of partly owned Wellington Airport. You will learn how Infratil portfolio companies are navigating the challenges that come with COVID-19. PERFORMANCE: - Net surplus for the year from continuing operations of $508.8 million, compared to $64.4 million in the prior year - 13.5% growth in underlying EBITDAF reflected changes in the portfolio and a growing contribution from data and communications infrastructure; - Acquisition of 49.9% of Vodafone New Zealand completed on 31 July 2019 for $1.03 billion - Divestments and tightening of the portfolio are now substantially complete COVID-19's IMPACT: - Vodafone's roaming revenue has been adversely impacted, and these effects will likely continue while COVID-19 related travel restrictions remain in place - Infratil expects a slowdown in tax equity markets and corporate Power Purchase Agreements in FY2021 to impact the rate of new development at Longroad Energy - Trustpower's performance is likely to be impacted by a slowdown in demand for power and potential for lower average wholesale prices in FY2021 as well as the potential for lower cash collections from retail customers - Wellington Airport's performance is likely to be severely impacted by ongoing COVID-19 related travel restrictions and reduced passenger volumes If you want to participate in the future interviews then join https://www.nzshareholders.co.nz ✅ Learn other tips at https://www.MaximSherstobitov.NZ/

The ASX200 is eyeing a fall of 1.6% at the open following yesterday's gain of 2.4%, taking the total gain from the March lows to 36%.Trading ideas for today:CSL (ASX:CSL) was reiterated by Citi as a buy with a price target of $334, while UBS targets $335. CSL's recent success has been in 1- the acquisition of kidney treatment company Vitaeris, 2-the results of phase 2 clinical trial of for hereditary angio-edema (HAE), and 3 - CSL's latest involvement in the development of a COVID-19 vaccine.Bell Potter upgraded Auswide Bank (ASX:ABA) to a buy, and increased its price target to $5.15Bell Potter downgraded Flight Centre (ASX:FLT) to a hold from a buy, noting its 96% gain from COVID-19 lows outpaces the company's fundamentals. Macquarie raised City Chic Collective (ASX:CCX) price target by 20% to $3.25 from yesterday's close of $2.80. The plus size women's retailer CCX, is also a Bell Potter buy as it has been having great online trade success.Investors will be watching:NZ infrastructure company Infratil (ASX:IFT) announced it secured $250 million NZD from an Institutional Share Placement. So its shares could come under pressure once the new shares are placed onto market. Stockland (ASX:SGP) and Smartgroup (ASX:SIQ) hold their AGMs today In the US this evening, inflationary data for May is out ahead of the Fed's Thursday interest rate decision, with rates tipped to remain at 0.25%.

Infratil looks to raise $300-million. Emma Hatton has business.

If you want to find out more information about the podcast go to www.stockmarketmovers.co.nz, make sure that you also check out the blog posts. Disclaimer: As always, nothing that is discussed in the podcast is financial advice. If you are looking for financial advice please contact an authorised financial adviser.

Leighton and Gus are joined by Phillippa Harford, CFO of Infratil, an NZX listed company that invests in infrastructure businesses that provide essential services to communities and individuals.

Mobile phones and wind farms lift Infratil's profits to around $500 million.  Andrew McRae has business

Its Thursday not Friday!! This weeks episode is being released on Thursday evening as opposed to Friday morning because I am travelling to Christchurch tomorrow morning. Apologies for the schedule change. On this weeks episode of the Stock Market Movers podcast I finally get to the acquisition of Vodafone New Zealand by Infratil and Brookfield Asset Management. I have been dying to talk about this for the last few weeks but I haven't been able due to the recent guest shows we have done. I also talk about Kiwi Property Group, their recent annual report as well as a recent trading update from Steel & Tube. Disclaimer: As always, nothing that is discussed on the podcast is financial advice. If you are looking for financial advice please contact an authorised financial adviser. More Information: You can listen to the podcast by searching Stock Market Movers on Apple, Spotify or wherever you get your podcasts. To find out more go to www.stockmarketmovers.co.nz

Greg Shanahan discusses TIN100 and NZ Tech startups, Vodafone NZ sells for $3.4B to Infratil and Canadian investor, Jeff Bezos wants colonies in space, Lime going rural, Spectre x360 and Uber lists on NZX and share price promptly drops. www.nztechpodcast.com/survey www.nztechpodcast.com www.paulspain.com www.gorillahq.com

In episode 21 I am lucky enough to interview Tim Brown from Infratil. Tim has been with Infratil since its inception in 1994 and specialises in financial structuring and has been responsible for the funding of both Infratil and a number of investee companies. Tim is currently the chairman of Wellington Airport, one of Infratil's cornerstone investments. This is not only an interesting interview for shareholders of Infratil but also any investor that is looking to find out a bit more about investment management, portfolio management and what to think about when contemplating investing in stocks or other assets. Listen in by searching Stock Market Movers on Spotify, Apple or wherever you get your podcasts. If you are looking to get in touch or would like more information go to www.stockmarketmovers.co.nz Please note that this will be the last episode of 2018 and we will be kicking things off again in January.

Episode 16 is the episode that I am trying to go through without saying 'um' - spoiler, I do not succeed. In terms of stocks, it is back to basics with a discussion on one of New Zealand's oldest listed companies Sanford and their yearly 'catch'. I talk about one of New Zealand's best run companies, Mainfreight and finally I talk about the Berkshire Hathaway of New Zealand - Infratil. I also do a shout out at the start of the episode for podcast sponsors. In my view the idea sponsor will be any company that is involved in the financial markets but would also suit many other businesses - maybe you have a construction company or perhaps small hotel or a brand of some sort. Get in touch by emailing me at jeremy@stockmarketmovers.co.nz As always, you can listen by searching Stock Market Movers wherever you get your podcasts.