News: APA APA Group Says Estimated Final Distribution Of 29.5 AU Cents Per Security, page-12

I was asking the question why madamswer thought APA was inflation-beating?

I clearly said that, as an investment proposition today, APA would be inflation-beating.

I did not say the underlying business is inflation-beating.
Based on its financial history, APA as a financial entity is demonstrably not inflation-beating.
(It's actually a pretty crap business, when analysed fundamentally)

So, what I was trying to say is that in my opinion, an investment in APA today, at the current depressed valuation, would generate an investment return that would exceed the rate of inflation.

But it's not a business I'd care to hold over the long-term.

In other words, it's a 5 out of 10 business, which - after the crunch in the share price over the past several years - is being valued like it is a 4 out of 10 business.

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