Thanks for this Onion. This list isn't always easy to find, I googled for it without much luck yesterday. Good on Direct Broking for providing this info.
Cheers,
limmy
Originally Posted by Onion
I found a list of market capitalisation in the Share Screener on the Direct Broking site:
Yes, of course. Must remember to read more carefully in future! Those Aussie M/Caps are rather meaningless in the context of the NZX.
Now back to Meridian. Holding since the IPO. A suitable investment in today's uncertain market.
Excellent defensive characteristics I couldn't agree more. I was late to the party in the late $2's but this has been a quiet achiever in my portfolio.
Topped up with a few more recently as even at $3.50 I calculate the gross yield at 6.8% inclusive of partial imputation credits. Safe and sustainable.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Another planned outage makes you wonder what will happen to those spot prices planned for 30 days in total with 12 days planned for Feb ..... wouldn’t want to be on flick when that occurs
Blithly tucked away at the but end of the announcment - "Meridian’s retail sales volumes in December 2018 were 23.9% lower than December 2017" - and it's not commented on in the report at all. Are they losing "less valuable" (low volume) customers, so no cause for concern at the churn?
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