Hold on to Transpacific SPSs

As the underlying creditworthiness of Transpacific Industries continues to rise – thanks to the pending sale of its NZ business – so does the price of the Transpacific Step-up Preference Shares (SPS). Now that they're trading above $100 you may be wondering whether it's time to sell. In short, not yet. All things being equal we’d sell the Transpacific SPSs at face value – $100 – but it's not as simple as just waiting for the market price to hit that level – you need to adjust for the accrued coupon, which is the value of the next income payment that has so...

As the underlying creditworthiness of Transpacific Industries continues to rise – thanks to the pending sale of its NZ business – so does the price of the Transpacific Step-up Preference Shares (SPS). Now that they're trading above $100 you may be wondering whether it's time to sell. In short, not yet.

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Email is required.
Email must be a valid email.
Password is required.
First name is required.
Last name is required.
Mobile phone number is required.
You must accept the terms and conditions.

OR

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
Discount -{{productDiscount}}
GST {{productGST}}
TOTAL   (inc. GST) {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Login or to reset your password, select Forgotten password

You have entered an incorrect email or password

Email is required.
Email must be a valid email.
Password is required.

Please untick this box when using a public or shared device


OR