MCY Mercury NZ ( MRP Mighty River Power)

**Tyro** · 18-01-2014, 02:18 PM

Please does any know how much dividend to expect, and when?

**Harvey Specter** · 18-01-2014, 02:31 PM

I find it funny Labour reiterates its plan to destroy the public energy companies and no mention of it on any of the four threads. No one cares or no one holds?

**Harvey Specter** · 18-01-2014, 03:32 PM

Originally Posted by moosie_900

Everyone is tired of the same old s***, knows it's not going to happen and that they don't jave any electable policies so won't get in!

Don't underestimate the general populations desire to vote in promises of free ________ & ________. Cheap electricity is just the start.

**Bjauck** · 18-01-2014, 05:56 PM

Originally Posted by Harvey Specter

I find it funny Labour reiterates its plan to destroy the public energy companies and no mention of it on any of the four threads. No one cares or no one holds?

Are you referring to: http://www.google.co.nz/url?sa=t&rct...59568121,d.dGI

I don't see any mention of Labour wishing to "destroy" the "public energy companies". The Labour Party is just reinforcing their plans to introduce - if elected - pricing model changes. Their Finance Spokesman already concedes that the markets are already pricing in what may happen if Labour are elected. So it is not really new news.
Disc. MRP shareholder

**robbo24** · 18-01-2014, 07:04 PM

Originally Posted by Harvey Specter

Don't underestimate the general populations desire to vote in promises of free ________ & ________. Cheap electricity is just the start.

I'm glad they've started using the term "super profits" again - they obviously have a very low threshold for what they consider to be "super profits".

I recall David Cunliffe threatened a violent, bloody revolution if he didn't get his own way - just remember that on voting day.

**Harvey Specter** · 18-01-2014, 07:26 PM

Originally Posted by Bjauck

Are you referring to: http://www.google.co.nz/url?sa=t&rct...59568121,d.dGI

I don't see any mention of Labour wishing to "destroy" the "public energy companies". The Labour Party is just reinforcing their plans to introduce - if elected - pricing model changes. Their Finance Spokesman already concedes that the markets are already pricing in what may happen if Labour are elected. So it is not really new news.
Disc. MRP shareholder

I don't believe it is fully priced in. To be fully price in would assume the market expects labour to win - it is only a 50:50 chance.

Destroy may have been a bit strong but there is a least a billion to still be wiped of (based on my interpretation of what the greens said when launched).

I note the Stanford professor they are relying on has fully discredited their plan so who knows what will eventuate should they get in.

**blocker3** · 18-01-2014, 08:17 PM

Question please to whoever can answer it. Where to from here for MRP, up or down for the share price in the future . If it is down or flat I will cut my losses and walk away. If it is upwards I will hold. Open to any comments +/-.This share has red ink all over my portfolio . Cheers

**couta1** · 18-01-2014, 08:57 PM

Originally Posted by blocker3

Question please to whoever can answer it. Where to from here for MRP, up or down for the share price in the future . If it is down or flat I will cut my losses and walk away. If it is upwards I will hold. Open to any comments +/-.This share has red ink all over my portfolio . Cheers

Know the feeling this things like a leaking tap but if you wait a couple of year your get some bonus washers to fix it after that if it still leaks toss it out

**PartyPooper** · 18-01-2014, 11:18 PM

Originally Posted by blocker3

Question please to whoever can answer it. Where to from here for MRP, up or down for the share price in the future . If it is down or flat I will cut my losses and walk away. If it is upwards I will hold. Open to any comments +/-.This share has red ink all over my portfolio . Cheers

I wouldn't be surprised to see it fall below $2 again everyone is pumping their money into growth stocks like moosie and others have mentioned. I'm not one to analyze stocks with numbers but I think the buy back will slowly put the stock towards 2.20 again and hopefully people pilling in for the divi could push it to 2.25-2.30. The election will also be a big factor but I doubt we will ever see 2.50 for a year or two.

I've been tossing up over the past week whether to sell MRP and put it all into more SUM or RYM but because the divi is getting close and same for MELCA, i'm going to hold I think.