RE CNU, I thought it is mostly a long term investment. I wonder why people are so concerned about the everyday movement of the share price?[/QUOTE]
No concern, love watching it head upwards at the moment though. $2.56 and climbing
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RE CNU, I thought it is mostly a long term investment. I wonder why people are so concerned about the everyday movement of the share price?[/QUOTE]
No concern, love watching it head upwards at the moment though. $2.56 and climbing
No concern, love watching it head upwards at the moment though. $2.56 and climbing[/QUOTE]
You mean from the height of $3.40 a year ago where it goes in opposite direction with the index in one of the best performing years?
I know, it is a dividend share and hence no one should care about the share price. In fact, the dividend yield just goes up when the share price goes down so it is always winning one way or the other.
Am I the only one who cannot figure out what's going on with CNU? It dropped a lot last two weeks on no news and now it is bouncing back very strongly, again no news came out either.
Nobody see the news last night? CNU has a !% uptake among homes - that is 1% of the homes where it is available. The other fast option, a coppper competitor is cheaper and several times faster than the normal broadband. I can trade successfully without stuff faster than the speed of light and I suspect that that is a common attitude out there. If I had money in CNU it would go back to TEL - at normal broadband speed - rather than sitting there, waiting for the second coming.
It is a chicken and egg problem at the moment. With existing services, you are right, copper is more than enough, but with new video services (should they ever arrive) fibre is essential.
Another issue is has been rolled out in areas that are not naturally early adopters. They should have focused on richer suburbs and other key demographics (student areas, businesses). Instead, they have gone for a hodgepodge of towns.
I plan to get it once available in my area.
Sparky do you know where we can get a roll out timetable for West Auckland
Mine should be in my June 14. I am not sure whether the current works in my area are Vector or Chorus, having seen both vans parked up.
Agree with the Clown - the government wont let their 1.5B investment go to waste. They need more people connected and the only way for that to happen is to ensure the existing solution isn't priced to favourably.