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29-12-2020, 02:30 PM
#2091
new highs again , people want yield at any cost eh
one step ahead of the herd
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29-12-2020, 02:49 PM
#2092
Originally Posted by bull....
new highs again , people want yield at any cost eh
Then they should look at their capital base, decide on a magic number (say 5%), call it Yield, put a party hat on it if you have one, and then either spend it, save it, voluntarily pay tax on it, sleep with it, boast about it ...whatever one was planning to do this mythical "yield" item if they hadn't taken my suggestion and made it up in their head.
Instead of just making it up in their heads, some of this yield chasing is going to be very, very expensive at some stage.
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Never try to teach a pig to sing. It wastes your time and annoys the pig.
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30-12-2020, 09:07 AM
#2093
not often you get a please explain why your stock is going up so fast notice when it comes to a major company
one step ahead of the herd
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30-12-2020, 09:13 AM
#2094
I expect to see a similar notice and identical response from CEN as well.
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30-12-2020, 09:22 AM
#2095
Originally Posted by Jantar
I expect to see a similar notice and identical response from CEN as well.
id be surprised mel has way out performed all other gentailers the last week / mth and year. as you are a industry expert jantar hope you have plenty of power stocks
one step ahead of the herd
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30-12-2020, 09:46 AM
#2096
Originally Posted by bull....
id be surprised mel has way out performed all other gentailers the last week / mth and year. as you are a industry expert jantar hope you have plenty of power stocks
Just over 33% of my portfolio is in Electricity companies.
The enquiry was about $1.32 increase over 3 1/2 trading days. CEN went up $1.04 over the same period. GNE only went up $0.23, so it wasn't an industry wide increase.
Percentage wise, MEL led the charge with over 20%, CEN were 14%, MCY 12% and GNE 7%.
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30-12-2020, 10:02 AM
#2097
Believe this is what its all about .........not yield
Meridian and Contact Energy are both in the S&P Global Clean Energy Index to which many clean energy funds are benchmarked
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30-12-2020, 11:21 AM
#2098
Member
Originally Posted by dreamcatcher
Believe this is what its all about .........not yield
Meridian and Contact Energy are both in the S&P Global Clean Energy Index to which many clean energy funds are benchmarked
Do the wiser, more experienced contributors here think that should keep the share prices at these elevated levels going forward?
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30-12-2020, 11:51 AM
#2099
Originally Posted by Swala
Do the wiser, more experienced contributors here think that should keep the share prices at these elevated levels going forward?
Not sure if I would class myself as any wiser or experienced contributor but both MEL & CEN are a good slice in my portfolio. Contact has traded in the $9+ previously but $8 is new ground for MEL pushed by clean energy funds finding both attractive. Expect both to re-rate and remain at higher levels the same as a handful of other excellent NZ stocks.
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30-12-2020, 12:51 PM
#2100
Thanks Dreamcatcher, good perspective.
Originally Posted by dreamcatcher
Believe this is what its all about .........not yield
Meridian and Contact Energy are both in the S&P Global Clean Energy Index to which many clean energy funds are benchmarked
Originally Posted by dreamcatcher
Not sure if I would class myself as any wiser or experienced contributor but both MEL & CEN are a good slice in my portfolio. Contact has traded in the $9+ previously but $8 is new ground for MEL pushed by clean energy funds finding both attractive. Expect both to re-rate and remain at higher levels the same as a handful of other excellent NZ stocks.
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