Quiet.....? I would describe it as peaceful.
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Welcome back - glad it was just the unreliable Auckland power supply silencing you for three long days ;); Hope you and your family are all o.k - and no property damage (but probably a thawed up freezer).
For me it was the Canterbury earth quakes convincing me at the time that a backup generator could be a good idea in a country with a quite "thin" electricity network with little redundancy, and it was quite useful for various spring and winter storms since than. Maybe its now time for Auckland to invest into this technology.
no sweat in Invers, all lines are underground
Yeap, I really don't see how the existing lines and stretched load demands on transformers around the streets, (one blew up around here recently and went off like a bomb) not to forget a very very tight supply-demand situation for the gentailiers will cope. SUM thing tells me the SUM's simply don't add up.
On the other hand its nice to see SUM back over $7 and the SUM's definitely add up for this pedigree pooch on a forward PE of just 15.5 with an average historical growth rate of 45% per annum.
During my lengthy enforced stint in Siberia, (not for the usual reason :lol:), I got to figuring that one simply invests long term in companies that will grow strongly long term and investing becomes a no brainer with or without power.