NWF - NZ Windfarms

[flyinglizard]

NWF after agreeing to a higher fixed price agreement for all its production from 1/1/22 to30/9/2022 are due to issue EBITDAF for 2022 in the next week.
I have high expectations .

Hi fish, I agree with Authur. I do not think the price is good enough, they signed the contract too quick before the average price moving upwards.

[Grimy]

Share price certainly taken off today.
I sold a few this afternoon as it seems to be getting a bit ahead of itself. But still retaining the majority of my holding.
Happy holder and seller.......

[flyinglizard]

Share price certainly taken off today.
I sold a few this afternoon as it seems to be getting a bit ahead of itself. But still retaining the majority of my holding.
Happy holder and seller.......

easily crashed $0.25. nearly 40% of my wife's portfolio, she is still happy to hold till over 50 cent, maybe more. Just as same as she is happy with ARV (approx 40% of holding too) over $10 after number of years.

[Arthur]

NWF after agreeing to a higher fixed price agreement for all its production from 1/1/22 to30/9/2022 are due to issue EBITDAF for 2022 in the next week.
I have high expectations .

On re reading this it seems that you are talking about the forecast for next year, not this year. A refreshing change to have somebody looking to the future and not the current. I think this financial year will be disappointing, next year could be spectacular.

[fish]

Hi Fish
The wind run was disappointing in the last quarter and the power price received was well below market. I hope you are right, but expect that you will be disappointed.

Hi Arthur,
Thanks for your post.
I feel EBITDAF will keep increasing year after year .
Current power price is well below market which leads me to think that the power price for production from 1/1/22 will be a significant amount higher translating to a higher profit this financial year and a much higher profit in subsequent years .
Aluminium prices are high and it now looks as if Tiwai closure is less likely.

[fish]

Hi Fish
The wind run was disappointing in the last quarter and the power price received was well below market. I hope you are right, but expect that you will be disappointed.

Hi Arthur,
Thanks for your post.
I feel EBITDAF will keep increasing year after year .
Current power price is well below market which leads me to think that the power price for production from 1/1/22 will be a significant amount higher translating to a higher profit this financial year and a much higher profit in subsequent years .
Aluminium prices are high and it now looks as if Tiwai closure is less likely.

[Arthur]

If the tax law changes allowing losses to be tax losses to be carried to a new purchaser (takeover) that is a hidden asset. They have about 20 million of tax losses in the books.....

[Arthur]

If the tax law changes allowing losses to be tax losses to be carried to a new purchaser (takeover) that is a hidden asset. They have about 20 million of tax losses in the books.....

[flyinglizard]

Cannot believe it when I read the contact energy updated report this morning, the electricity wholesale price is sky high to over $260/MWh. The high of ten years high? I though it would be that level next year, but it just happened in this June.

http://nzx-prod-s7fsd7f98s.s3-websit...803/350507.pdf

Screenshot 2021-07-19 095517.jpg

[nztx]

Wonder how the dividend policy considerations are going - didn't NWF hint this was being looked at a while back ?