![Home](images/misc/navbit-home.png)
- Forum
- Markets
- ASX
- AGL - orig. The Australian Gas Light Co. Now one of Aussies biggest energy providers
-
I am guessing you have sold Peat. The demerger was cancelled.
Mike Cannon-Brookes might be a tech guy with too much money but he has the support of Brookfields who I would think would want a return on investment and they tend to invest long term. Maybe they are world changers using other peoples money to save themselves from climate change, who knows.
CEO and Board chair have gone along with two directors. Big changes ahead for better or for worse. Slow shareholders like me only waking up to this today, share price movement today will be interesting.
-
![Quote](images/misc/quote_icon.png) Originally Posted by Aaron
I am guessing you have sold Peat. The demerger was cancelled.
I only found out it was cancelled by reading your post today Aaron. But I had halved my holding already on the basis that I considered Albanese a risk to this non eco business.
I tell my self I sold the ones I bought at 5,15 so on a last in first out basis I made a profit but in reality I just broke even but have reduced my average cost to about current price, maybe slightly lower.
I'll just sit on this half now....
I sold half my BPT as well. definitely made a profit on those.
For clarity, nothing I say is advice....
-
![Quote](images/misc/quote_icon.png) Originally Posted by peat
I only found out it was cancelled by reading your post today Aaron. But I had halved my holding already on the basis that I considered Albanese a risk to this non eco business.
I tell my self I sold the ones I bought at 5,15 so on a last in first out basis I made a profit but in reality I just broke even but have reduced my average cost to about current price, maybe slightly lower.
I'll just sit on this half now....
I sold half my BPT as well. definitely made a profit on those.
peat , your mailbox is full, can you please empty some out.
-
Sold out but wonder how the Australian electricity crisis might affect profitability and the idea of a rapid move away from coal. A big article in the herald this morning.
-
![Quote](images/misc/quote_icon.png) Originally Posted by Joshuatree
peat , your mailbox is full, can you please empty some out.
have done so now
still have 5% of my equity portfolio in this dog.
I hope the directors can just get on with things and not lament they didnt demerge....
For clarity, nothing I say is advice....
-
the recovery continues... it has now nearly doubled from the lows in less than two years ...
but is still half what it was four years ago
For clarity, nothing I say is advice....
-
Update to FY23 Earnings Guidance and FY24 Earnings Guidance AGL has narrowed its underlying earnings ranges for FY23 as follows:
- Underlying EBITDA between $1,330 and $1,375 million (previous guidance was between $1,250 and $1,375 million); and
- Underlying Profit after tax between $255 and $285 million (previous guidance was between $200 and $280 million). These ranges reflect an improved second half, in line with expectations, driven by increased generation due to improved plant availability and a reduction in forced outages, and higher customer margin due to disciplined margin management and an increase in customer services. This is partly offset by higher operating costs (excluding depreciation and amortisation) due to increased maintenance costs, seasonal net bad debt expense and the impact of inflation.
Additionally, AGL has provided guidance for its FY24 underlying earnings, as follows:
- Underlying EBITDA of between $1,875 and $2,175 million; and Underlying Profit after tax between $580 and 780 million.
Last edited by peat; 17-06-2023 at 05:51 PM.
For clarity, nothing I say is advice....
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks