IFN infragreen group limited

0.00%

$1.15

Couldn't agree more. If anything i think the forecast of 130m...

First 5 Last

Share
Profile

Follow
knackerskirzner

463 Posts.

6

08/10/16

10:08

Post #: 19714583
Share

Originally posted by anthony75 ↑

Another comparable:

AGL sold 50% of its stake in the 420 MW Macarthur wind farm for $532 million in September 2015. This values the wind farm at $2.53 per MW.

IFN 557 MW * $2.53 = $1,409 m
minus net debt $595 m = $814 m
divide by 772.5 m shares issued = $1.05 for the operating assets

But this was in Sept 2015 when the LGC and electricity prices were much lower.

Valuing IFN from any angle gives a price WELL above $1.00 for the operating assets alone. Having carved off their overseas assets and cleaning up their balance sheet, this is a simple company to value and I'm surprised with the recent dip (which I attribute to some ridiculous discussions about wind power due to the national electricity market problems in South Australia recently).

I used to work for an investment bank and given my experience there I am convinced that these are the types of analyses that are being undertaken right now. I am becoming more convinced that IFN is a takeover target and some corporate activity will happen soon (full takeover, sale of operating asset to fund development, sale of development asset, joint-venture for development).

At prices below $1 this is as strong a buy as I can currently find on the ASX. Thank God for leveraged instruments like CFDs because I'm loading up the truck with these babies...

Expand

Couldn't agree more. If anything i think the forecast of 130m ebitda for fy17 allows for some wriggle room on lgc prices (discount).

But right now fundamentals ignored for sentiment driven propaganda. No doubt it will turn. You just cant have balance sheet improvement and share price discount in the long run.

IFN Price at posting: 77.0¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

BOE

Boss extends June win streak with boosted Alta Mesa extraction rates

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

'Not possible' to port renewable gas: ACCC takes AGN to court

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

First 5 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $1.15		Change 0.000(0.00%)		Mkt cap ! $155.4M

Open	High	Low	Value	Volume
$1.19	$1.20	$1.12	$637.6K	559.2K

Buyers (Bids)

No.	Vol.	Price($)
1	14454	$1.14

Sellers (Offers)

Price($)	Vol.	No.
$1.20	14868	1

View Market Depth

No.	Vol.	Price($)
1	14454	1.140
1	28425	1.120
1	1600	1.110
3	102523	1.100
1	10000	1.080

Price($)	Vol.	No.
1.200	14868	1
1.210	21405	1
0.000	0	0
0.000	0	0
0.000	0	0

Last trade - 16.10pm 27/06/2025 (20 minute delay)

IFN (ASX) Chart

Couldn't agree more. If anything i think the forecast of 130m...

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Boss extends June win streak with boosted Alta Mesa extraction rates

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

'Not possible' to port renewable gas: ACCC takes AGN to court

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Couldn't agree more. If anything i think the forecast of 130m...

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Boss extends June win streak with boosted Alta Mesa extraction rates

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

'Not possible' to port renewable gas: ACCC takes AGN to court

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News