You can price it in, it's easy.
If you thought the red threat was going to win, you didn't buy.
If you thought the red threat wasn't going to win, you bought.
Let's go power companies!!!! :D:D
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Wow ......
This is crazy!?!?!?!?
Nice, I got some on friday sold half on opening will keep half as it goes x div on friday, going to be a interesting week to see what happens.
Anyone care to explain the point in hanging on to Meridian shares now that the party, so to speak, is over?
Done well to date but the high return divs and the post issue run-up are done.
Is there more to come?
- My valuation 2.37.
- Utilities might get a premium one day for liquidity, quality, and flight of capital to defensive stocks pre-crash - no allowance for which is included in that 2.37.
- 'Capital management' announcement due in Feb 2015 - given that they paid a special dividend recently, I'm picking this will be a return of capital rather than a call for more.
But all in all GNE (3.47 valuation) a better bet in the sector IMVHO.
Just checked my bank and have received my divi, thanks MELCA you're a star!