Winton Land – The tortoise or the hare?

Brian Gaynor
Sat, 11 Dec 2021

Winton Land – The tortoise or the hare?
Chief executive Chris Meehan is the largest Winton Land shareholder, at 79.0%. (Image: supplied)
Brian Gaynor
Sat, 11 Dec 2021
Does the Winton Land initial public offering represent good value and, if so, can we expect it to be a tortoise or a hare?Retail investors often opt for the hare even though the tortoise beat the distracted hare in Aesop’s iconic tale. There is strong evidence that tortoises also win most business contests, with the residential property development sector being no exception.Five decades ago Dick White and Hugh Green were accumulating residential property development portfolios. White had hare characteristics while Green was more of a...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Economist
How attractively are shares now priced?
The Economist | Sun, 26 Jun 2022

What a key valuation measure says about buying the dip.

The $100 Club: A wine rich list
Bob Campbell MW | Sun, 26 Jun 2022

If you're a wine connoisseur, you're spoiled for choice. The number of high-flying wines on sale for more than $100 has tripled since 2013.

Property FREE
Money Answers: how much mortgage can I actually afford?
Frances Cook | Sat, 25 Jun 2022

This week, readers ask how they should decide as a family what they can afford in terms of buying a house – and just because you can, should you?

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.

High water marks: Watercare raises the tide on sustainability

The No.1 barrier to decarbonisation for NZ organisations is accurate measurement, says Microsoft’s Accelerating the Journey to Net Zero report.