MEL - Meridian Energy

[thestg]

I can not see the point. It has gone up 8c today - tomorrow it will be ex-div open 7.5 cents lower. Why pay an extra 8c today to collect the div of 7.5c tomorrow then pay tax on the div?

[couta1]

I can not see the point. It has gone up 8c today - tomorrow it will be ex-div open 7.5 cents lower. Why pay an extra 8c today to collect the div of 7.5c tomorrow then pay tax on the div?

Exactly and it will probably go down by more than 7.5c over the next week, the time to buy was last week or before, not today.

[percy]

Exactly and it will probably go down by more than 7.5c over the next week, the time to buy was last week or before, not today.

I think the best time to buy them was when I brought them;at issue.

[janner]

I think the best time to buy them was when I brought them;at issue.

Smug prick :-)))

But could not argue about that :-)))

[bull....]

I think the best time to buy them was when I brought them;at issue.

lol yes indeed 95c was a good buy too I believe

[percy]

Smug prick :-)))

But could not argue about that :-)))

You certainly have a way with words.
Right to the point!...
Best post so far this year.!!!!.lol.

[janner]

You certainly have a way with words.
Right to the point!...
Best post so far this year.!!!!.lol.

Possibly due to being able to read books :-)))

Almost a lost art..

[janner]

You certainly have a way with words.
Right to the point!...
Best post so far this year.!!!!.lol.

Right to the point..

Who could argue with yours..

This time.. Hindsight is a great teacher ..

[mshierlaw]

I think the best time to buy them was when I brought them;at issue.

Ah yes ... but if you had sold MELCA on high & bought MEL after everyone stumped up the extra 50 cents you would have made another killing.

Predicted this .... but not big enough cojones to do it myself.

[boysy]

Going from strength to strength following the ex divi date. Guess the US pushing out raising interest rates and the same at the rbnz means a flight to lower risk yield plays.