NWF - NZ Windfarms

[blackcap]

Good to see full year generation now available

http://203.114.161.10/trh.htm

Well it always was, you just needed to do some mathematics and know what the generation total was as per 30 June. But this is easier and more transparent yes. Good move and thanks John and the team.

[Grimy]

We must be getting close to the next dividend?
Didn't they say they were going to pay quarterly dividends in the last agm update?

[blackcap]

We must be getting close to the next dividend?
Didn't they say they were going to pay quarterly dividends in the last agm update?

Not sure they explicitly stated they were going to pay quarterly dividends. I took from the AGM that they would likely pay half yearly divs. But that is from memory and that was a while ago.

[Grimy]

This was what I was thinking of from last years Annual Report in June.

“We will continue to return shareholder funds over the upcoming financial year through:
- a recently announced share buyback for up to 5% of the shares on issue; and
- a quarterly dividend of 0.40 cents per share for the first quarter 2020 (pcp: nil) announced today.”

[Independent Observer AUNZ]

This was what I was thinking of from last years Annual Report in June.

“We will continue to return shareholder funds over the upcoming financial year through:
- a recently announced share buyback for up to 5% of the shares on issue; and
- a quarterly dividend of 0.40 cents per share for the first quarter 2020 (pcp: nil) announced today.”

Dassets? What's the dividend policy as it currently stands?

[Dassets]

For clarity all we have said is we will pay out excess cashflow. In terms of time frame we haven't got a stated policy on qyry or semi annual, it's still a work in process but is a priority to formalize a position. We made an announcement late last year on production data availability which is tracking our production for the current fiscal year every 30 seconds or so.

[Independent Observer AUNZ]

For clarity all we have said is we will pay out excess cashflow. In terms of time frame we haven't got a stated policy on qyry or semi annual, it's still a work in process but is a priority to formalize a position. We made an announcement late last year on production data availability which is tracking our production for the current fiscal year every 30 seconds or so.

Yes, we love the transparency of the data, John! Its just the quarterly investor updates have dried up so as a (relatively) uninformed investor I'm doing some guessing here

FY Net Energy (GWh)

73.685568

Given we are just over halfway through the year this looks pretty nice compared to the 117.2 GWh expected annual production. I also note that end of March figures in 2018 were 81.227 and 73.012 in 2019. All of which looks quite favorable when compared to generation so far this year...

[JAYAY]

Waiting patiently for second quarter performance stats. Last year issued 31 January.

[blackcap]

Waiting patiently for second quarter performance stats. Last year issued 31 January.

Don't think we are going to get them. I think we will get them with the HY which should be before the end of the month. They are transparent with their output though...http://203.114.161.10/trh.htm

So you can sorta figure it out yourself if you are that way inclined

[blackcap]

Looks like a pretty good result out just now. dividend of 0.7c which makes the HY dividend 1.1 cents. EBITDAF of $5.1m with very healthy cash flow.