Dividend maintained. capital distribution being considered. I thought it was well signalled they were going from a period of high profits to high cashflow.
CEN is a cashcow so lets keep milking it.
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Do we expect other gentailers following CEN with reporting subdued EPS?
fcf was well up on last half, poor profit result this time is mainly due to some poor hedging or swaps
It's a simple equation. Bring up the three-month chart and you will see that everything was humming along including the price at 740. Then some people doing the figures see the problems in the numbers and people who know people begin to bail out quickly and down comes the price. Today is just when you and I are allowed to know. I'm probably wrong, even paranoid but who knows
Yes Humming along nicely in a range of $6:20 to $6:40 right through November, December, and into early January. Then for some reason the price just started to skyrocket. I asked then, on this thread, if anyone knew of a reason for the sudden increase. No-one seemed to.
Today it has corrected itself back to $6.40, so still at the upper end of what it was 3 months ago, and still paying the same dividend. So what is the issue?