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13-12-2017, 10:23 AM
#651
I'm liking the price action on the market this morning. But also liking the wholesale price https://www1.electricityinfo.co.nz/ currently and the last month. Futures on the ASX are up substantially as well and this can only be good for NWF.
But long term these prices are not sustainable, however I like the direction of new management and efforts undertaken thus far to turn NWF into a sustainable profit and dividend generator.
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14-12-2017, 09:08 AM
#652
Member
I think it is looking good for NWF. The new management team have certainly turned things around. It seems that wholesale prices are significantly higher this year compared to last year so I am really eager to see acquisition of alternative generation capacity ie LPG powered generators, as discussed at the AGM to take advantage of those high prices when the wing isn't blowing. I will certainly be hanging on to my shares.
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15-12-2017, 10:39 AM
#653
Long Member
more solid buying this morning around 14.5c.
It's just my thoughts, but was wondering whether NWF would be on the radar to be snapped up by one of the larger gen-tailers?
- low cost acquisition cost relative to building a wind-farm from scratch ($40m mcap vs ~$100m+ build cost)
- self contained generation incl transmission lines, in one location
- renewable energy
- difficulty in obtaining new permits
- Defered tax losses of circa 75m
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15-12-2017, 11:40 AM
#654
Originally Posted by Well Endowed
more solid buying this morning around 14.5c.
It's just my thoughts, but was wondering whether NWF would be on the radar to be snapped up by one of the larger gen-tailers?
- low cost acquisition cost relative to building a wind-farm from scratch ($40m mcap vs ~$100m+ build cost)
- self contained generation incl transmission lines, in one location
- renewable energy
- difficulty in obtaining new permits
- Defered tax losses of circa 75m
ssshhhhhh!
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19-12-2017, 02:14 PM
#655
Going from strength to strength... If fact this is amazing. Well done to board and management.
https://www.nzx.com/announcements/312167
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19-12-2017, 03:31 PM
#656
Yes, what great results the directors have delivered this year. Well done to the new team and long
may it continue!
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20-12-2017, 12:15 PM
#657
Long Member
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20-12-2017, 12:40 PM
#658
Originally Posted by Well Endowed
managing to deliver on all their objectives. What a refreshing change!
Honestly (sorry blackcap ) I think we'll be seeing a takeover in 2018. The recent NZ Govt commitment relating to Carbon neutrality in 2050 and all the reasons I listed above seems to make it a no-brainer..
Good luck to all holders in 2018
No worries... I think you are right about the takeover in 2018, its a perfect add-on to some other generator. The new govt will be helping NWF as well.
Tis a no brainer for me as well, but with recent initiatives by management and future prospects its a compelling case in its own right.
Interesting trading action the last few weeks too.
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20-12-2017, 03:46 PM
#659
I'm considering NWF. A little risky? How does a P/E of 62 make for a good investment? What is the potential for the value of this company and a likely (realistic) price for their shares if the company was to be bought out.
Disc. Not a holder
Last edited by Food4Thought; 20-12-2017 at 04:12 PM.
Reason: Premature posting
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20-12-2017, 04:19 PM
#660
Originally Posted by Food4Thought
I'm considering NWF. A little risky? How does a P/E of 62 make for a good investment? What is the potential for the value of this company and a likely (realistic) price for their shares if the company was to be bought out.
Disc. Not a holder
That PE of 62 is an historic PE, and as such not too much should be put on that. Looking forward I think its the cashflow that is what an investor would be looking for. The company has made a lot of savings in the last year and these should flow through to the bottom line this year so that they may make a profit that is reasonalbe (say PE of 25) In addition depreciation makes up about $2m of the profit but this does not affect the cashflow so that is why I am in amongst other reasons as outlined above.
Last edited by blackcap; 20-12-2017 at 04:20 PM.
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