MCY Mercury NZ ( MRP Mighty River Power)

[macduffy]

It's hard to see where IFT's and MCY's interests would conflict - IFT favouring Trustpower's interests over MCY's, perhaps?

[fish]

Very high wholesale prices on the last day of mcy financial year and hydrology good so should be a stunning annual result.

[fish]

Very high wholesale prices on the last day of mcy financial year and hydrology good so should be a stunning annual result.

Final quarterly result out today
Confirms record generation.
Also a trend to higher NI prices-$78 mwh compared to $64 SI.
Confirmed also that 1.8% growth in whole market driven mainly by a 1.2% growth in Urban.
I have now sold out totally from contact and using proceeds to buy more and more mercury

[bull....]

who would have thought a after ift say not interested in mcy in tlt

[bull....]

buyers seem to like mcy over ift on the recent news

[couta1]

buyers seem to like mcy over ift on the recent news

Stock is undervalued IMO and the pick of the power companies at the moment, expecting a nice divvy forthcoming.

[bull....]

Stock is undervalued IMO and the pick of the power companies at the moment, expecting a nice divvy forthcoming.

agreed hasnt performed as well as say mel or cen or gne so catchup is possible. do you think they will pay a special div again?

[couta1]

agreed hasnt performed as well as say mel or cen or gne so catchup is possible. do you think they will pay a special div again?

A special almost certain I reckon, should at least equal last year's 13.8c fully imputed final divvy.

[King1212]

To be honest not much stocks are undervalued, most are priced in or overvalued...

[fish]

interesting feature page on electricity storage in todays Herald-Tasmania is going for pumped hydro in a big way.
Its got real longevity and is really green

If anyone is going to the AGM on Tuesday it would be great to ask if mcy have scoped this fully.
We know there has been record generation and income but I do wonder if the sp has reflected how well mcy are doing
Low interest rates and,extra pot aluminium will reduce available SI energy.
Current high prices are promising