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  1. #601
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    In any case if it went down too far the Spark buyback would kickback in - anyone work out what the trigger price is for that? $2.72 or thereabouts? I agree with Couta1, the turnover in Spark is normally larger than in Fletcher and the Fletcher share has been rather overvalued for years. Would you park your money in a stock that is overvalued on fundamentals....Not me!

    A hoary old rule is that if a stock is going to report earlier than usual (Spark) then it usually means good news....let's hope that that holds!

  2. #602
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    Quote Originally Posted by Major von Tempsky View Post
    In any case if it went down too far the Spark buyback would kickback in - anyone work out what the trigger price is for that? $2.72 or thereabouts? I agree with Couta1, the turnover in Spark is normally larger than in Fletcher and the Fletcher share has been rather overvalued for years. Would you park your money in a stock that is overvalued on fundamentals....Not me!

    A hoary old rule is that if a stock is going to report earlier than usual (Spark) then it usually means good news....let's hope that that holds!
    Forsyth Barr forecast Spark will report FY2015 NPAT 356m on 21st which is 19.5cps.

  3. #603
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    Overall result looks solid to me with a nice divvy increase to boot, next years divvy expected to increase to 22c plus 3c special
    Last edited by couta1; 21-08-2015 at 08:46 AM.

  4. #604
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    Quote Originally Posted by couta1 View Post
    Overall result looks solid to me with a nice divvy increase to boot, next years divvy expected to increase to 22c plus 3c special
    NPAT 373m beat Forsyth Barr 356m, beat 4-trader 335m, can't expect better.

  5. #605
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    Spark profits take a beating

    According to The Herald
    http://www.nzherald.co.nz/business/n...ectid=11500623
    Last edited by winner69; 21-08-2015 at 09:42 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #606
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    Quote Originally Posted by winner69 View Post
    Spark profits take a beating

    According to The Herald
    http://www.nzherald.co.nz/business/n...ectid=11500623
    Yeah right they need to read more than the first line of an annual report, I can't see many negatives. Up 7% initially.
    Last edited by couta1; 21-08-2015 at 10:08 AM.

  7. #607
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    Looks like the market has given the two finger salute to the Herald and rightly so, at this rate they will have to change their headline to Spark Share price Soars to save embarrassment. Ha Ha just noticed they have changed it to Spark beats Expectations.
    Last edited by couta1; 21-08-2015 at 10:59 AM.

  8. #608
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    Quote Originally Posted by couta1 View Post
    Looks like the market has given the two finger salute to the Herald and rightly so, at this rate they will have to change their headline to Spark Share price Soars to save embarrassment. Ha Ha just noticed they have changed it to Spark beats Expectations.
    And rightly so!!! But what else can you expect from a crumby small town tabloid.

  9. #609
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    Quote Originally Posted by couta1 View Post
    Looks like the market has given the two finger salute to the Herald and rightly so, at this rate they will have to change their headline to Spark Share price Soars to save embarrassment. Ha Ha just noticed they have changed it to Spark beats Expectations.
    NZ journalists are paid too little, no complain here.

  10. #610
    ShareTrader Legend bull....'s Avatar
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    awesome result, yield next yr looks pretty impressive
    one step ahead of the herd

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