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  1. #911
    On the doghouse
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    Jun 2004
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    , , New Zealand.
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    Quote Originally Posted by horus1 View Post
    The threat is that anyone can and will do it,
    Yes, but you are assuming that 'anyone' can be better asset managers than the likes of Contact. Solar panels still have to be paid for. They have to be kept clean. They have to be checked to see if they are maintaining an adequate generation performance. I am sure that someone like you could do all of these things. But could the average person do it? That is an entirely different question!

    Some will leave the grid with solar plus batteries and this will hurt the generators and transmission more than distribution.
    Huh? If more power is generated 'on the spot', then the ultimate result of that is much less reliance on the distrbution grid, surely?

    As well loads are declining due to efficiency.
    I think loads are also declining due to the hollowing out of heavy manufacturing. Once this trend stops I believe that power consumption will rise annually again, albeit not as fast as GDP , like it did before, due to the efficiency gains you allude to.

    SNOOPY
    Last edited by Snoopy; 03-08-2015 at 09:28 AM.
    Watch out for the most persistent and dangerous version of Covid-19: B.S.24/7

  2. #912
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

  3. #913
    Investor
    Join Date
    Jul 2014
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    5,643

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    Looks like they're placed at $4.65per share....

    https://nzx.com/companies/OCF/announcements/267889

  4. #914
    IMO
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    Aug 2010
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    Floating Anchor Shoals
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    Alrighty, Game on Hopefully i can get my mitts on some of these and why not there are heaps to unload if Infratil etc are not involved..
    Last edited by Joshuatree; 04-08-2015 at 08:02 AM.

  5. #915
    Guru
    Join Date
    May 2015
    Posts
    2,601

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    How do we get in at that price? seems pretty cheap... (thoughts?)

  6. #916
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,696

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    I have an account with my broker(CRAIGS so will register int. You prob need to do the same;today, but we need more details first of how its going to happen.

  7. #917
    IMO
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    Aug 2010
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    Floating Anchor Shoals
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    Thanks sb9 ; onto it!.

  8. #918
    Investor
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    Jul 2014
    Posts
    5,643

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    More from Contact and also trading update for FY to be announced soon.

    https://nzx.com/companies/CEN/announcements/267893

  9. #919
    Guru
    Join Date
    May 2015
    Posts
    2,601

    Default

    Big day for contact that is for sure...

  10. #920
    IMO
    Join Date
    Aug 2010
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    Floating Anchor Shoals
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    9,696

    Default

    Looking good
    "Origin’s shareholding in Contact is expected to be sold to a broad range of Australian, New Zealand and international equity market institutional investors and New Zealand retail investors."

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