Monday, March 14, 2011

Share Price Alert: Contact Energy Ltd

Chart forContact Energy Ltd (CEN.NZ)

Contact Energy Ltd [CEN.NZX] has come back into play over the last week as it share price dips below 6 bucks (see 2 year chart above) for the eighth time in the last two years.

These dips have always been followed by rallies typically close to $6.50 and then another retreat.

With a 2011 half year pretty much level with the 2010 result and traditionally Winter being a much better revenue and profit earner than Summer, there is scope again for short to medium term investors to make some quick money.

Look for a pull back towards $5.50 but start taking serious interest below $5.80 to make an easy 50c per share on the upside.

Long term investors who want this in their portfolio should also look at buying at these levels and they will lock in a good profit earner below 6 bucks.

Buy on further weakness.


Share Price Alert

New Zealand Stock Exchange Ltd
Mainfreight Ltd
The Warehouse Group Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
Fletcher Building Ltd
Restaurant Brands Ltd
Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd


Contact Energy @ Share Investor

Stock of the Week - Reprise 5: Contact Energy Ltd
Origin Energy asset stripping Contact Energy
Stock of the Week - Reprise 4: Contact Energy Ltd
Stock of the Week - Reprise 3: Contact Energy Ltd
Long Term View: Contact Energy Ltd
Stock of the Week: Reprise 2 - Contact Energy
Stock of the Week: Reprise - Contact Energy
Not so fast Davy Boy
Still Watching Contact Energy
Beam me up Davy
Stock of the Week: Contact Energy
MarketWatch: Contact Energy - June 2009
MarketWatch: Contact Energy - Jan 2009
Contact Energy looks bright during dark times
Share Investor's 2009 Stock Picks
Follow the Monopoly Board

Discuss this stock at Share Investor Forum - Register free
Download CEN Company Reports




The Warren Buffett Way
The Warren Buffett Way by Robert G. Hagstrom
Buy new: $19.54 / Used from: $12.94
Usually ships in 24 hours





c Share Investor 2011

No comments:

Post a Comment

Comment on Share Investor Stuff