much better result than contacts, with nice div
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much better result than contacts, with nice div
YES re 19.2c in divs for the year!
Excellent results today, again. Total divi's and capital gain easily sufficient to cover the installment receipts, or put another way, have pretty much paid for the IPO, currently 82% to-date cap+div but not including this 1HY divi. Brilliant!
Refer Page 2 of the CEO/Chair report, sections "Installment Receipts" and "Capital Management" ... https://www.meridianenergy.co.nz/ass...ember-2014.pdf
Gotta love this company, what a great performer.
BAA
http://www.nzherald.co.nz/business/n...ectid=11404245
MELCA has always been my favorite of the generators, I've sold out entirely, I'll buy back in after the capital payment in May. Well done to all holders, fantastic result!
You'll miss 6.2c in Divs plus pay brokerage. Have you got price points it will drop to as people sell to pay their 50c.? Im thinking with such a strong divi even after the 5o c instalment the price may not drop as much as some think as Global and local money is looking for good safe yields .
Yeah agreed on dividend front. I'm just guessing there will be bit of weakness around instalment payment time as people need to fork out extra money and that might cause some hasty selling by some at last minute, especially those who haven't planned for extra payment.
It's a toss-up, isn't it!
Depends on how many follow that strategy; how much others - insto's particularly - see it as an opportunity to increase holdings in a weak market; whether shareholders might prefer to sell other stocks to raise the ready; the mood of the market generally, etc.
I'm no help!
;)
electricity demand up yoy even with top up payment soon it offers mean yield
What's up with sp today, seem to be going higher and higher with very thin sell side...