MEL - Meridian Energy

[Beagle]

http://nzx-prod-s7fsd7f98s.s3-websit...726/306154.pdf

Couta1 mate, you only need look at the first page...wet you appetite for something ?
Winner69 will be very pleased with page 2 with MEL winning some diversity and inclusion award.
I am amazed I had to scroll through so many pages of stuff to get to the real meat, which of course if the earnings.
Very solid result, very happy with the safe dividends.

[bull....]

awesome result now you know why mel is new white gold not a2 milk

[couta1]

Yes Beagle that's a great shot and the only page I need to look at as a non holder.

[couta1]

awesome result now you know why mel is new white gold not a2 milk

A true shorters slant there bull, which one has given the most return over the last few years. PS-A2 is great buying currently whereas MEL is not.

[Beagle]

Gross yield 5.56% inclusive of imputation credits based on SP of $4.77.
Look through yield on a medium term basis treating near term dividend as a partial return of capital 5.71%

[King1212]

Bought again on the dip..great! With record profit... expansion n growth on Oz market... electric cars on the horizon n nz population getting more and more...no brainier to hold this stock

[Beagle]

A true shorters slant there bull, which one has given the most return over the last few years. PS-A2 is great buying currently whereas MEL is not.

Doesn't have to be one or the other mate. Two very different kettles of fish. I own MEL and have been a happy holder for quite some time and believe their current share price is good value in this risk averse world. They will be paying investors 5.7% even if we go deep into a GFC MK2. That point isn't lost on risk averse investors looking for a diversified well balanced portfolio of quality stocks.

[couta1]

Doesn't have to be one or the other mate. Two very different kettles of fish. I own MEL and have been a happy holder for quite some time and believe their current share price is good value in this risk averse world. They will be paying investors 5.7% even if we go deep into a GFC MK2. That point isn't lost on risk averse investors looking for a diversified well balanced portfolio of quality stocks.

You saying I'm not balanced Beagle, well actually your right I'm very undiworsified. PS-Im very balanced and diversified on my skis mind you.

[dobby41]

and diversified on my skis mind you.

I would have thought you'd want both skis going in the same direction.
Certainly you'd want a lot of alignment.

[Beagle]

Bingo, first close above $5 ! Onward and upward.