MEL - Meridian Energy

[bull....]

could be breakout this time if we can hold above 2.70 weekly and hold above 2.70 next week new highs hopefully

[bull....]

http://www.stuff.co.nz/business/indu...h-solar-panels

solar less competitive now

[bull....]

breakout from consolidation suggests 2.90 -3 if it pans out

[sb9]

breakout from consolidation suggests 2.90 -3 if it pans out

287 now, is that all time high??

[RGR367]

287 now, is that all time high??

No, but 2.875 was to be exact actually. But worry not, it will surpass that soon enough.

[sb9]

No, but 2.875 was to be exact actually. But worry not, it will surpass that soon enough.

Agree, think its not too long before it hits the $3 mark. And in due course might surpass MCY (MRP) price and that would make it best of three gentailers sold down by govt in terms of capital gain.

[IAK]

Steady as she goes. Final dividend of 8.4 cents per share, 90 percent imputed, 5 percent increase in total ordinary dividends for the year of 13.5 cents per share plus a special dividend of 2.44 cents per share. Bill will be happy.

http://www.nzherald.co.nz/business/n...ectid=11699807

https://www.nzx.com/companies/MEL/announcements/287751

[sb9]

Steady as she goes. Final dividend of 8.4 cents per share, 90 percent imputed, 5 percent increase in total ordinary dividends for the year of 13.5 cents per share plus a special dividend of 2.44 cents per share. Bill will be happy.

http://www.nzherald.co.nz/business/n...ectid=11699807

https://www.nzx.com/companies/MEL/announcements/287751

Just going along doing its business without much fuss, might breach that magic $3 mark today by the looks....what a great blue chip investment if you're in right from IPO.

[bull....]

yes great investment and still even at $3 div yield is very good compared to bank deposits

[RGR367]

Finally broken the $3 mark and now at 3.03.