MCY Mercury NZ ( MRP Mighty River Power)

[Snow Leopard]

In a word - No.

FY14 (30-Jun-14) EPS was $0.153 (PE=20 @ SP of $3.05)

HY15 (31-Dec-14) EPS was $0.006

But we pay little attention IFRS NPAT for any company and read the detail of the accounts.

Best Wishes
Paper Tiger

Is that HY15 EPS correct, seems very low in comparison?

This is from the:
Attachment 7286
Attachment 7288
Attachment 7287

Thanks…..HY EPS of $0.05 is an improvement on $0.006? but still well below FY14 levels?

Stop it guys, this is just too much .

Best Wishes
Paper Tiger

[Snow Leopard]

Attachment 7289

In a word - No.

FY14 (30-Jun-14) EPS was $0.153 (PE=20 @ SP of $3.05)

HY15 (31-Dec-14) EPS was $0.006

But we pay little attention IFRS NPAT for any company and read the detail of the accounts.

Best Wishes
Paper Tiger

Best Wishes - as always
Paper Tiger

[Baa_Baa]

Well it could be that I posted a Meridian report on a MRP thread ... yo ho ho ha ha ha. Silly me. I get it.
I've deleted my posts, apologies to anyone who got a gut ache from laughing too hard.

I could never be embarrassed being compared to famous comedians…..I have far to much fun and laughter on here…..have a look at the reaction since I posted the same question on the GNE Genesis thread yesterday……now they all seem to think very differently! hilarious……

[xafalcon]

Keep in mind that hydro power is considerably more valuable in winter than in summer, but it's generation cost is identical. Wind (when it blows) is deferring some hydro generation, and that deferred hydro can replace some thermal in winter which increases profit. I believe this is MRP's strategy as they wind down Huntly. But water reserves must be built up in anticipation due to projected faster drawoff and lake water level management rules

This is just my take on the situation, interpreting the data and information.

[Aaron]

I believe this is MRP's strategy as they wind down Huntly. But water reserves must be built up in anticipation due to projected faster drawoff and lake water level management rules

I am an investor in MRP but don't know nothing about NZ power generation or demand but isn't Huntly power station owned by Genesis.

[macduffy]

I am an investor in MRP but don't know nothing about NZ power generation or demand but isn't Huntly power station owned by Genesis.

Yes, that's what the Genesis investment statement told us last year.

[Jantar]

I am an investor in MRP but don't know nothing about NZ power generation or demand but isn't Huntly power station owned by Genesis.

MRP own the Southdown gas fired plant in Auckland. That is what they are referring to. However they are decommissioning in later this year.

[Baa_Baa]

Tomorrow Monday 11th May is the last day for MRP IPO holders to qualify for Loyalty shares 1:25 which are issued 21st May. Loyalty is a strange description, it has felt more like a noose. Energy companies taking a beating lately.

[robbo24]

Tomorrow Monday 11th May is the last day for MRP IPO holders to qualify for Loyalty shares 1:25 which are issued 21st May. Loyalty is a strange description, it has felt more like a noose. Energy companies taking a beating lately.

Long term holders won't care.

Traders won't get them anyway.

If long term holders who are also traders exist then they would have sold and bought back more than the 4% bonus shares

Happy holder right here, will enjoy my noose shares

[Baa_Baa]

Agree (for a change), us longs won't care too much, we've already weathered a few storms. Not sure what you mean by "Traders won't get them anyway". I'm glad I accumulated a few more below IPO and pre-election so still nicely ahead overall. Just punishing myself that I didn't trade out of my non-IPO holdings when the price was screaming 'get out', a missed opportunity. We'll see how the longs feel if the price continues down to the election breakout, or below, it may present a nice accumulation opportunity again, unless Snaps is correct on his EPS projections, though I think we're below his fair valuation already? The chart, fwiw says oversold on a number of indicators, but they've been stubbornly oversold for some time now. I'll stick with my weekly chart for an uptick before getting too much more into MRP.

Long term holders won't care.

Traders won't get them anyway.

If long term holders who are also traders exist then they would have sold and bought back more than the 4% bonus shares

Happy holder right here, will enjoy my noose shares