MCY Mercury NZ ( MRP Mighty River Power)

[Hectorplains]

Solar is set to become a more and more competitive option for those completely off the grid.

For those on the grid, private solar generation will be tolerated by the big players. But if it starts to gain a significant presence, then the big players will change the rules to render it less economic. Meridian has already started along this path by reducing the amount it is prepared to pay for power you feed back into the grid once you generate a certain "ceiling amount" of energy. Further reduction in net payments will be made in the future to ensure that private solar will never be competitive with energy suppplied by the major gentailers, MRP included.

SNOOPY

The gentailers can sit back it looks like the lines companies are happy to dirty their hands with this. http://www.scoop.co.nz/stories/PA160...-customers.htm

[Sideshow Bob]

Change of name a'comin!

http://www.nzherald.co.nz/business/n...ectid=11632064

[IAK]

Not a great response to the name change, down 4% lol. Seriously though a change of name makes sense given the increasing contribution of geothermal and wind power.

[Harvey Specter]

Seriously though a change of name makes sense given the increasing contribution of geothermal and wind power.

Agree. Plus why would you advertise your generation which has 1 purchaser (central system), and not your retail brand which has 100s of thousand of customers

[Snow Leopard]

FY Results out.

Somethings up a bit (but not worth mentioning),
Somethings much the same (normalised profit),
Somethings down a bit (revenue).

Ordinary imputed divvy up (by 0.3cps?)
Special non-imputed divvy down (by 4.0cps)

That is all, you are free to resume your other activities again.

Best Wishes
Paper Tiger

[Raz]

FY Results out.

Somethings up a bit (but not worth mentioning),
Somethings much the same (normalised profit),
Somethings down a bit (revenue).

Ordinary imputed divvy up (by 0.3cps?)
Special non-imputed divvy down (by 4.0cps)

That is all, you are free to resume your other activities again.

Best Wishes
Paper Tiger

Still better than I was expecting..

[Rep]

Not a great response to the name change, down 4% lol. Seriously though a change of name makes sense given the increasing contribution of geothermal and wind power.

I'm still trying to understand what their new logo which is a bumblebee has any connection to Mercury as opposed to the winged footed deity?

[LAC]

I'm still trying to understand what their new logo which is a bumblebee has any connection to Mercury as opposed to the winged footed deity?

Me too!!! I keep thinking I have opened up the wrong url everytime I see that

[Snow Leopard]

...their new logo which is a bumblebee...

OH! Is that what it is !

Best Wishes
Paper Tiger

[trader_jackson]

Good to see what was my first investment on the NZX (I'm young...) is still going ok, just holding GNE now (since IPO) after selling out at $2.91.. later reinvested the money into (more) Heartland, which turned out to be something I could truly bank on...

Good luck to the holders