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Old 28th Aug 2009, 05:12
  #817 (permalink)  
deedave
 
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From Infratil-
"The priority for 2009/10 remains conserving capital by reducing outlays and selling low growth or low yield assets".

Unfortunately, Infratil Airports Europe is the poorest performer in their portfolio, and Manston is the biggest liability in the European operation.

Manston has experienced a number of flurries of activity in the past and these have been noted on this thread.

Overall, however, the past ten years suggest a picture of more or less zero, or very low, growth, and the yield is negative by several million.

No good for institutional investors I'm afraid.

Last edited by deedave; 28th Aug 2009 at 09:35.
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