Monday, February 13, 2017

Share Price Alert: Contact Energy Ltd 10



[CEN.NZX] Contact Energy had a sluggish operational report out last month but has a good one out today.

The one out this morn comes in conjunction with a half year profit that is at last starting to look good.

What ever you think of Contact as a whole company - and there are many and varied views - there is no doubt to me this company is on a turn around since Dennis Barnes came on the scene.

It now has its future 100% in the cloud and that appears to me to be good for the customer and the shareholder going forward.

Many of those account managers and associated hangers on really should go now - you will be booted out as Contact moves more and more to the cloud over the next 12 months.

All that has to happen now is that serious knuckling down from staff at head office and all around New Zealand towards what the customer wants.  

Focus on the customer and the rest will take care of itself.

If your not one of those Contact Energy staff that does that, then this correspondent does not want you.

If your looking at buying get in before $5.

You wont be disappointed. 

Share Investors Portfolio @ 10 Feb 2017


CEN @ Share Investor

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Share Investor 2017