Australia's largest stock trading and investment forum Australia's #1 stock forum

IFN

Click for more information

0.00%

93.0¢ infigen energy

Well covered, sl.

First 132 Last

Share
Profile

Follow
Andrix

3,588 Posts.

77

25/02/20

12:26

Post #: 43135504
Share

Originally posted by strangelogic: ↑

Coronavirus panic is the main reason. Red almost everywhere.
I am considering getting some more as the fundamentals for IFN are unlikely to be impacted by the disease even at Pandemic levels. It to me is a defensive stock. It does not greatly rely on making things in China. It has mainly automatic operation and supplies an essential service.

Population effects are unlikely to be material. Energy use may drop a bit if people are quarantined in large numbers but communications, data, government and commercial energy use are likely to be similar. The low input costs remain the same and interest rates are likely to stay down or drop in the next 1-2 years. If industry slows it may have some impact but that is not likely.

Expand

Well covered, sl.

IFN Price at posting: 70.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MTL

Mantle Minerals' Nick Poll talks to HotCopper on finding gold grades up to 3.57g/t at Mt Berghaus

Super PITch gold sponsor RSM Australia: Can Diggers & Dealers 2024 be key to reinvigorating IPO activity?

KSN

Mineral Hill transition kicks off for Kingston, gold and silver ramp up to follow

NWH

NRW Holdings voted Wealth Within's hot stock tip

AIZ

Air New Zealand ditches 2030 emissions targets – right as ASIC's Scope 3 reporting changes kick in for FY25

There are more pages in this discussion • 1 more message in this thread...

First 132 Last

Add IFN (ASX) to my watchlist

SPONSORED BY