sydney airport

Elizabeth Moran

Attention Sydney Airport bondholders, with the 2030s selling at a premium, it may be time to switch to the 2020 inflation-linked bond for great relative value. You don't have to hold bonds to maturity, investors prepared to trade can earn higher returns. This note tells the story. Show More

Nigel Littlewood & Jackson Lee

Every boom's just a matter of when. The boom in yield stocks, that appear to posses safe earnings, has been significant. Sydney Airports has been distributing more than its cash earnings (after maintenance capex) for more than a decade. The stock appears to be priced for a perfect future.... Show More