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The SP Graph since early Feb 2021 shows an unmistakable trajectory, sliding from
almost 9 bucks to today's 5.00
Have to also watch the dickie last year Div Yield buoyed up by last years Special on NZX site
and research a bit so as to not become a participant in the MNW SP slide competition ;)
Last year's 68 cps down to - is it twice 7.5 cps for current year is a heck of a Div reduction :)
15.0 c / $5.00 SP - what sort of miserable cash Div yield is that for 2022/23 ? ;)
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https://www.nzx.com/announcements/409260
FY23 guidance
• MNW expects EBITDAF for the year to 31 March 2023 to be around the top end of the current EBITDAF guidance of $127.5m to $140.0m. This is due to strong Q4 trading conditions, driven by solid wholesale prices and generation volumes.
• Capital expenditure guidance of $45m to $55m remains unchanged.
FY24 guidance
• MNW expects EBITDAF for the year to 31 March 2024 to be in the range of $120m to $140m.