MCY Mercury NZ ( MRP Mighty River Power)

[bull....]

was listening to the conference call of meridian today , while they are very positive on the future one couldnt help but knowing MCY was the best of the breed at the moment​

[bull....]

mercury might be heading for all time highs

[bull....]

dividend ex monday , only couple days left to get your juicy dividend from the blue chip of the power companies

[bull....]

holding up very nicely after dividend

[Waltzing]

"karapiro " lake levels have been down recently for several weeks prehaps waiting for the flow. Banks were meters low which was rather fortunate for some vet scullers who though they knew the lake only to be hit by westerlies coming out of no where. Nothing like whatching those in experienced wealthy masters being smashed up with modern carbon blades by westerly blasts and being forced to beach and walk it... Nothing like heavy wood to stabilise yourself in heavy weather..wood still used in europe of course on water ways.

[winner69]

Is this bad or just run of the mill for power companies

Doesn’t seem much but spose material

https://www.nzx.com/announcements/360293

[trader_jackson]

Is this bad or just run of the mill for power companies

Doesn’t seem much but spose material

https://www.nzx.com/announcements/360293

And so the downgrades begin... didn't last year they also give a target with FY19 results then downgrade them 3 or 4 times?

[winner69]

And so the downgrades begin... didn't last year they also give a target with FY19 results then downgrade them 3 or 4 times?

seemed to be 3 revisions down last year

don't know much about them (squat allin fact) but couldn't help notie that ebitaf (whatever that is) is always about $500m

Suppose punters in MCY for the divie and hope they don't lose any capital

[Norwest]

Is anyone else on this call?

There is absolutely zero positivity from Vince or Prue... they are just reading from a script, almost like they don't want to be there.

[peat]

Is anyone else on this call?

There is absolutely zero positivity from Vince or Prue... they are just reading from a script, almost like they don't want to be there.

it felt the same yesterday at Turners AGM webcast. But perhaps we shouldn't judge these people on their performance/acting skills...

Pretty sure I raised the issue of dry years back to back as a risk for MCY in the Power companies thread.... this isnt it exactly, but increases the possibility of it.