Contact Energy - CEN Chart

[RTM]

Thanks Jantar, Appreciated.

[penn]

I have been looking at the listed 'Gentailers' for a while and though the divs look tempting they did seem a bit overbought, are there any gurus here that can say why they all had a mini 'crash' today? CEN down 10%?

[jonu]

I have been looking at the listed 'Gentailers' for a while and though the divs look tempting they did seem a bit overbought, are there any gurus here that can say why they all had a mini 'crash' today? CEN down 10%?

Review into the viability of the aluminium smelter. Rio Tinto's 5 yearly rort. The last time they negotiated their power price I seem to remember them saying they were committing to another 25 years.

[penn]

Thanks - very unsettling for Southland.

[dabsman]

I have been looking at the listed 'Gentailers' for a while and though the divs look tempting they did seem a bit overbought, are there any gurus here that can say why they all had a mini 'crash' today? CEN down 10%?

Back to June/July prices - not exactly a smashing

[dreamcatcher]

GS (Aug) - "Since it was initiated at Buy on 3 Jun 2016, the stock is up 53% vs. NZX50 up 38%" TP $8.40

[RTM]

Back to June/July prices - not exactly a smashing

So far. Quite an overhang on the sector now.

[stealthmaster]

Aussie closed on 7.17 = 7.71 nzd, good time to
buy?

[cyclist]

Crikey. If there has ever been a lesson in the pitfalls of seeking yield at all costs, CEN particularly (and the entire sector) is presently giving us a fine one.

(Disc: Not holding. Haven't for a long time, so also missed out on all the fun)

[ananda77]

I have started to accumulate, first very small 1131 shares at 695. Now I just hang in there and keep waiting till the weaker hands have exhausted their selling...someone could argue, a bit too early as if anyone would know when is the right time to buy...But buying at 905, that's been Kamikaze...