Why we should not own commercial competitive companies
Jason Krupp at Stuff reports: Mighty River Power says years investing in overseas geothermal projects have given it the confidence to go it alone internationally at a time when Kiwi development...
View Article100,000 pre-registered
Tony Ryall announced: As at 8.30 this morning, 100,000 New Zealanders have pre-registered their interest in buying shares in the Government’s partial share offer of up to 49 per cent of energy company...
View ArticleThe MRP risks
Jason Krupp at Stuff reports: In addition, some energy sector commentators have questioned MRP’s decision to actively pursue geothermal projects in Chile and the United States as opposed to passively...
View ArticleMRP’s answers
John Armstrong writes: What on Earth does the management at Mighty River Power think it was doing with its blanket refusal to answer questions posed by the very parliamentary committee to which those...
View ArticleThe MRP share offer
Finally, it is out. The announcement: New Zealand retail investors in the Mighty River Power share offer will receive one loyalty bonus share for every 25 shares they hold for two years from the offer,...
View ArticleEven if they win, the nationalisation may never happen
Stuff reports: Professional investors, while still nervous of the proposal, have begun to question whether it will be implemented, even if the Opposition wins next year’s election. AMP Capital’s head...
View ArticleRoughan says investors should thank Greens and Labour
John Roughan writes in NZ Herald: Investors in Mighty River Power should send the champagne next wnment!eek to Russel Norman, Green Party, Parliament Buildings, Wellington. The stock looked a good buy...
View ArticleShare price set at $2.50
The Govt has announced: 113,000 New Zealanders will become shareholders in Mighty River Power following a successful share offer, Finance Minister Bill English and State Owned Enterprises Minister Tony...
View ArticleMRP shares
MRP shares are now at $2.73. Labour and Greens scared off some smaller investors but larger investors have worked out their nationalization policy will never be implemented, and are valuing shares...
View ArticleEnergy sector share prices
A broker has sent through a research note on Contact Energy and Mighty River which I found interesting. The notes look at what the base price of the two companies should be, and the effect in their...
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Just one problem
The Greens released a “public owners report” into Mighty River Power with a photo of Gareth Hughes in front of what one would assume is an MRP wind turbine. There’s only one small problem. I’m told...
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