MCY Mercury NZ ( MRP Mighty River Power)

[Aaron]

I guess it is a journalists summary of the report so there may be gaps but I like the sound of the last paragraph

https://www.stuff.co.nz/business/106...-power-poverty

"The review noted that while the industry did not seem to be making excessive profits, it could have a more effective wholesale contract market and could be more efficient in the way its lines companies operated."
Although maybe not good for lines companies. Other than Vector what other lines companies can we invest in?

Will this be enough to make govt. introduce new regulation. I like that the NZ Taxpayer still owns 51% so they won't screw themselves but the likes of vector might get something.

[Bobdn]

Interesting. Good to see lines companies mentioned. I thought they were off limits but clearly their impact couldn't be ignored.

[fish]

Record date is today so last chance to buy before going ex.
Should be making record profits on current financial and weather forecasts.

[fish]

Just looked at sp-makes me wonder if ex-dividend already.
Am in Europe so not following it closely.
If not ex-dividend today should be a bargain today

[thestg]

Just looked at sp-makes me wonder if ex-dividend already.
Am in Europe so not following it closely.
If not ex-dividend today should be a bargain today

Yes it is XD today

[777]

Record date is today so last chance to buy before going ex.
Should be making record profits on current financial and weather forecasts.

Record day is always two days after a share is cum dividend. Therefore it is ex dividend the day before the record date.

[fish]

Record day is always two days after a share is cum dividend. Therefore it is ex dividend the day before the record date.

Thanks for that.I should know and usually use the ex-dividend dates in mondays NZ Herald to keep me right.

[Marilyn Munroe]

The government sponsored Electricity Price Review has harrumphed about the cost of domestic electricity in Gods Own Country particularly the impact on poor households.

With a socialist orientated coalition government in power it would be reasonable to assume the Government would intervene in electricity pricing to benefit the poor.

Fear not filthy capitalist exploiters who own gentailer shares. I will let you in on to a secret, the profits from 51% government owned gentailers are taxation by other means. Any power charge relief mandated by the Government would hit themselves in the pocket. Grant Robertson would need to find another source of funds for his colleagues to spread upon the waters.

Boop boop de do
Marilyn

https://www.mbie.govt.nz/info-servic...rst-report.pdf

[Timesurfer]

Interesting study Marilyn.
Tragic case studies, and an eye opener into how many people with good incomes are living beyond their means.
Good to see residential supplies subsidizing industry - especially those that don't shop around.

It will be interesting to see which companies get more creative about generation moving forward to meet the growing demand. Dams are old technology and we can't keep building them moving forward. Wind and solar come with their own issues. Tidal energy has to be one area of the biggest untapped resources we have. Because we have had easy generation for years we don't appear to be leading world in electricity generation innovation as we do in some of our more competitive industries. Could be wrong?

[fish]

The government sponsored Electricity Price Review has harrumphed about the cost of domestic electricity in Gods Own Country particularly the impact on poor households.

With a socialist orientated coalition government in power it would be reasonable to assume the Government would intervene in electricity pricing to benefit the poor.

Fear not filthy capitalist exploiters who own gentailer shares. I will let you in on to a secret, the profits from 51% government owned gentailers are taxation by other means. Any power charge relief mandated by the Government would hit themselves in the pocket. Grant Robertson would need to find another source of funds for his colleagues to spread upon the waters.

Boop boop de do
Marilyn

https://www.mbie.govt.nz/info-servic...rst-report.pdf

Thanks for this Helpful and important post Mariyn.