Board indicates maybe some lollies for shareholders after the rio Tinto deal signed. $10!a share here we come
Printable View
Board indicates maybe some lollies for shareholders after the rio Tinto deal signed. $10!a share here we come
Thankyou Simsee.
Given the recent news I would have expected more comments.
Im guessing CEN is considered by many as a boring and dull company...
Have held since inception.
Cheers mate
Me too, it’s big news for all sorts of reasons and frankly great news for NZ. I’ve held them since the horrid Origin days and take some small credit for Norris demise way back in the day working with Jenny Ruth to expose him for the person he was. Great well run company now with a large moat and some blue skies and lollies for shareholders on the horizon.
What is 'underlying EBITDAF'
Is this like weworks community adjusted EBITDA?
EBITDAF, DAfQ is that.
Sailor, you are asking the wrong questions here. These energy companies have their own profit language which is well understood by the energy investment community and is not BS. You have much to learn about investing in these renewable energy gentailers. Most traditional investors would argue you need two ingredients to fund a company: equity and debt.
Of course debt comes with a connotation that there is a price to pay for debt. But as you have shown us with the concept of the float, debt can be free. So to shake the preconceptions of what debt is, it is probably better to call this a third ingredient. So our funding truth becomes:
Investors have three ingredients with which to fund a company: equity, debt and float.
However there is yet another ingredient, peculiar to the energy market in NZ, that can be used to develop energy generation that is even more efficient and magical than your 'float'. It is called 'thin air capital', and it is a unique creation of NZs wholesale electricity market. And 'thin air capital' simply 'appears' without anyone ever putting any money in any cash bucket ever, out of "thin air'! How good is that! It beats even your 'float'. So for the truly knowledgeable investor our funding ingredient list expands to:
Investors have four ingredients with which to fund a company: debt, float, equity and 'thin air capital'.
I will leave Winner to explain to you all about it. I know he is a big fan of 'thin air capital' ;-)
SNOOPY
I fully understand Snoopy, but it's more the fact they spend big capital up front and the subsequent depreciation isn't economically correct, thus cashflow is better metric than earnings.
Thus EBITDA.
OK
BUT what the F is underlying EBITDAF.
No need to go beyond EBITDA.
It ain't we work.
This should give shareprice another boost
Things going well and increased divies
http://nzx-prod-s7fsd7f98s.s3-websit...092/422252.pdf
Was that announcement bad news in spite of the heading
CEN share price down 4% at the moment
Disc. …don’t really understand power companies
Maybe developing a surf lagoon alongside would have helped more?
https://businessdesk.co.nz/article/n...79ca-446239310
https://stocknessmonster.com/charts/spk.nzx/