Ryman Healthcare - Running Ryman for Cash
We value RYM using our annuity earnings including resale gains and a dividend discount model (DDM). We reinstate our rating at NEUTRAL.
113 Views
Transport Trends - Transport to Be Trumped by Tariffs?
The anticipated cyclical recovery in demand from declining interest rates is being tested by President Trump led tariffs and unfolding trade wars.
110 Views
Auckland Airport - Lagardère Layover Extended
Auckland Airport (AIA) has selected Lagardère as its new single duty-free concessionaire with an eight-year deal. We expect the effective...
205 Views
Investore - Not Your Average Everyday Discount
IPL is exploring options to recycle the capital into assets with better rental growth but given its balance sheet remains relatively full even...
189 Views
Retail Rundown - Retailer Life Cycles
Retailers that transitioned from Maturity to Optimisation historically delivered c.27% shareholder return CAGR in the three years following their...
365 Views