Hey Couts me ol mate ...you and I seem to be only stupid ones in not partaking in this free lunch.
Never mind
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In a downturn all stocks get trashed but some more than others. I would speculate HLG would plunge more than the gentaliers, as you don't necessarily
need new clothes, but you need to use power just to survive. A recession also has more people not going out spending, which has them staying home using up power, so yes,
Utilities are probably a pretty safe haven. You could sell now and sit on the capital game, but then you haven't got the income stream from the dividends coming in.
In this game you can't have your cake and eat it too.
Going to be a cracker of a result next week, how much will the divi go up is the question ....
Great result. 2019 Dividend up 11% on 2018. Exactly what we need.
One wonders where Jacinda could get the biggest bang for her buck ?
The Electricity Industry or the Fuel Industry ?
Once of my biggest concerns for our investments there is that the industry suffers from some Government regulation.
RTM