GNE - Genesis Energy

[Beagle]

me too , income becomes very important now in a low growth and very low interest rate environment

Sure does, this ultra low interest rate environment will prove very supportive for all dependable yield stocks including this and MEL, CEN ARG GMT and others.
Also I think people will go hunting for higher yield with yield stocks like AIR HLG, HGH, ZEL and maybe even TRA. I am well positioned

[bull....]

Sure does, this ultra low interest rate environment will prove very supportive for all dependable yield stocks including this and MEL, CEN ARG GMT and others.
Also I think people will go hunting for higher yield with yield stocks like AIR HLG, HGH, ZEL and maybe even TRA. I am well positioned

like your first line , maybe only zel out of your 2nd line .

gentailers are the way , all hitting new highs and i expect much higher new highs going forward

[Beagle]

like your first line , maybe only zel out of your 2nd line .

gentailers are the way , all hitting new highs and i expect much higher new highs going forward

That's good as I topped up on all 4 top line companies yesterday and GNE x 2 the day before
Deployed all my money formerly in Synlait now....all in good safe dividend yielding stuff. Got a few more HLG too.

[Raz]

like your first line , maybe only zel out of your 2nd line .

gentailers are the way , all hitting new highs and i expect much higher new highs going forward

yes, for some it had taken a while, notably MCY, think GNE is the diamond in the roughy thou.

[bull....]

nz bonds are plummeting down to 1.75% 10yrs now gne >7% looks amazing

[bull....]

Yes in the medium term I expect this to rerate to $3.40 which would still give a 6.5% gross return.

im thinking short term now , banks are coming out saying rate cuts as early as may now

[Beagle]

im thinking short term now , banks are coming out saying rate cuts as early as may now

I think you're right which prompted me to double check I'm still signed up to the dividend reinvestment scheme.

[Timesurfer]

In an ironical twist of fate the stocks I picked as star performers in the comp are languishing while the safe bets are looking pretty good and keeping me from falling completely off the bottom of the list. More power to GNE I say.

[Raz]

Sure does, this ultra low interest rate environment will prove very supportive for all dependable yield stocks including this and MEL, CEN ARG GMT and others.
Also I think people will go hunting for higher yield with yield stocks like AIR HLG, HGH, ZEL and maybe even TRA. I am well positioned

I get the rational however that has been the story for sometime now, why would this moment in time result in a trigger to a new level rather than say mid last year...that is placing aside NZRB announcement this afternoon...which has been wishy washy for a while now...

[Beagle]

I get the rational however that has been the story for sometime now, why would this moment in time result in a trigger to a new level rather than say mid last year...that is placing aside NZRB announcement this afternoon...which has been wishy washy for a while now...

Lower growth concerns worldwide and have seen long bonds plumbing new lows in many countries including N.Z. in recent weeks making safe yield (yield that's highly resistant to a possible recession) even more attractive and I think this rally that's clearly evident for some time (if one looks the any of the gentailiers charts) has plenty of room to run. I see ultra low interest rates for as far as is possibly foreseeable whereas say Sept 2018 the environment was quite different and 10 year rates in the US for example were threatening to break right out towards 3.5% and possibly beyond.