CHI - Channel Infrastructure Ltd (NZR)

[cdonald]

if you have a look at the analysts presentation there are quite a few future projects being looked at which will take up some capital. I think they will lift the divis to 90% (oil companies like the divies). From what I understand the refinery also likes a bit of gearing so I would imagine that there will always be a bit of debt (50m to 100m) if the debt market is right. Who knows, maybe NZR might join up with MMH and jointly fund the Marsden rail link extension. Said slightly tongue in cheek....

[sb9]

Seems as though divvy hunters are piling on for the last few days before it goes ex-div next week.

[GR8DAY]

...INDEED SB, noticed massive volume thru post close?

[sb9]

...INDEED SB, noticed massive volume thru post close?

Yeah did notice that, almost 200k shares went through post close.

[Jinx]

How is it that the last week before divined record date the price has falling almost every day

[sb9]

How is it that the last week before divined record date the price has falling almost every day

Seems as though on big seller wants to offload pretty desperate when stock is trading cum-divvy.

Very light volume though, I would expect it to turnaround by close of day.

[Jinx]

Seems as though on big seller wants to offload pretty desperate when stock is trading cum-divvy.

Very light volume though, I would expect it to turnaround by close of day.

A novice question as most of my questions generally are, but post div a stock price generally falls correct? Meaning we could continue down a further 5-10%

[sb9]

A novice question as most of my questions generally are, but post div a stock price generally falls correct? Meaning we could continue down a further 5-10%

Correct, the price gets adjusted for divvy amount after it goes ex-divvy, however you notice price usually bounces back to previous close as bargain hunters pile on.

The recent weakness I think is some large insto/KiwiSaver fund balancing their funds for March year end I suspect. Happy to be corrected though.

[Beagle]

Currency now close to U.S. 68 cents and oil heading back north. Questions over margins for FY16. Clear break down through the 100 day MA...tailwinds starting to abate ?

[Jinx]

however you notice price usually bounces back to previous close as bargain hunters pile on.

Down 2.5%