Showing posts with label CEN. Show all posts
Showing posts with label CEN. Show all posts

Wednesday, November 20, 2019

Buy For Yield!!




Like some of my stocks have gone up WAY out of proportion to their "importance" but one stock that I recently said sell I have to now give a buy because it has come down in price for one reason and that is because of the Tiwai Point fiasco

It came down from the early 9's to the mid 6's and dropping. 

i wouldn't be at all surprised to see it cross the ditch to land up in the high 5's.

Paying almost 6% net at current prices - not forecast to lower this years payout - this one is a steal right now. 

You could get it cheaper but history says you might not - especially given today's low interest rates.

For seasoned short term sellers and long term holders.



CEN @ Share Investor

Contact Energy: Buy for Yield
Contact Energy: Time to Sell
Share Price Alert: Contact Energy 13
Share Price Alert: Contact Energy 12
Share Investor's 2019 Stock Picks

 2018 Share Investor Stock Picks
Share Price Alert: Contact Energy 
11
Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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  






c Share Investor 2019

Friday, June 7, 2019

Contact Energy: Time to Sell



Contact Energy is a stock that we visited here around about 4 weeks ago.

It was under $7 and that has changed and done what I said it has gone and packed on about 8% to close at $7.50.

This has passed my comfort levels and I would rate it a sell.

It could go UP from these levels.

BUT I am keeping my shareholding as I said Im a long termer and I can think of no better place to park my money.

It's paying around 4.5 %.



CEN @ Share Investor


Share Price Alert: Contact Energy 13
Share Price Alert: Contact Energy 12

Share Investor's 2019 Stock Picks

 2018 Share Investor Stock Picks
Share Price Alert: Contact Energy 
11
Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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  






c Share Investor 2019


















Wednesday, May 8, 2019

Contact Energy: Buy Now!!!





No upgrade to the price merely a reiteration to get in and buy this, now.

Because if you have heard New Zealand is perched on the precipice of 1.5%pa OCR and CEN is set to benefit from that rate cut and others to come.

Pensioners if your reading this, get out of that term deposit and into some CEN shares. 

Get out and DYOR BUT you can go past this one.

Its earns 5% don't you know.

There's at least a 20'c dividend due in August.




CEN @ Share Investor

Share Price Alert: Contact Energy 13
Share Price Alert: Contact Energy 12

Share Investor's 2019 Stock Picks

 2018 Share Investor Stock Picks
Share Price Alert: Contact Energy 
11
Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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
  






c Share Investor 2019


Saturday, March 30, 2019

Share Price Alert : Contact Energy 14




My pick for the 20 Feb was this one and its just about to pass the $7 mark - its @ $6.94c - which it is what I said was the mark to look at selling.

Which I have yesterday with a small portion.

BUT what I didn't count on was this, the continuation of the low, low interest rates that continue to haunt the globe - I don't agree with this but that is another story for another day.

Interest rates look to be on hold or indeed downwards. What do investors need and in fact what they did do this week? They bought stock on the NZX. Not just Contact Energy but many of the other energy retailers and anything else with a financial pulse. In fact the NZX finished the quarter on an all-time high.

My guess is that they will continue to buy this stock in particular because it has a return of just over 5% and looks set for a bigger return this Aug when they will report a big one, no doubt, along with a 20c DIV.

So even though I initially said now was a time to think of selling what happened this week to interest rates for me would add another 50c or so to bring my price to $7.50.

Get out at that price if you will or continue to hold, like me AND collect the DIVS.

AND remember these low interest rates are set to continue for at least 2 years.

Invest/trade wisely!!!



CEN @ Share Investor

Share Price Alert: Contact Energy 12

Share Investor's 2019 Stock Picks 
2018 Share Investor Stock Picks
Share Price Alert: Contact Energy 11

Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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  





c Share Investor 2019




Wednesday, February 20, 2019

Share Price Alert : Contact Energy 13



You could have forgotten about this share since I recommended it back in Nov 2016 for $4.40 and all the way up to now - Contact Energy.

I personally would stick another 50c on it. I say this because it really has had a good year and this is set to continue. With a hefty/increased cash-flow this reporting.

This is set to increase for the next couple of years as well as surprises to the upside and surprises to the downside. But capital expenditure is way down on prior years.

This kind of reflects in the climb of the stock from around the 6 dollar levels over the last few months and will propel it - i think to over $7- before the next round of profit announcements in August.

So if your in for a lazy 50 or 60c get in and buy.




CEN @ Share Investor

Share Price Alert: Contact Energy 12

Share Investor's 2019 Stock Picks 
2018 Share Investor Stock Picks
Share Price Alert: Contact Energy 11
Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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  






c Share Investor 2019









Thursday, February 1, 2018

What do you Really Mean by buy now?

Image result for buy now stocks 2018

It just came to me that since I have been offering up buys and sells for a 5th of my life on this ere blog that I explain what I mean when I say you should really think about purchasing/investing this share soon.

Basically I see a share as a unit of storage. That is a storage of income to either add back to your portfolio or add to your pocket.

The cheaper you can get that storage for the better.

I have 7 stocks in my basic portfolio some of them were bought with the purpose of income - SKC, CEN & HLG - and some were bought for increasing DIVs and capital gain AIA,FPH,MFT & RYM. Currently they are all doing what they should, the 3 former are all reasonably low in share price and the 4 latter are all relatively expensive.

Once again I will not sell no matter what happens - I will only sell when something material happens with each specific company.

So the indicator there for today's market is that you tred very carefully before you purchase a share/company.

Likewise when I give an indication of what to buy in a down market, I think i tends to be a little less cautious about price - because your simply getting the storage for a lot less than you get it in an up market so its silly to quibble over a few cents.

Why not give an indication to buy only during a stock market downturn?

Well I do as a general rule I have bought anything substantial since 2012. I do however see value in specific shares during the ups and the downs. I buy these. I have bought a number of shares since 2012 but I have never held them with the intention of holding them long term.

Having said that there are 2 shares that I have bought - CEN and HLG - that I did buy between 2012 and 2014 that I have held and I didn't intend to keep them at all, except perhaps CEN a little bit - always liked this share since I first bought it in 1998 for $3.10.

What i'm saying is you need to be flexible especially now a days things are changing so fast. 

AND you can do this all yourself.

All it takes is half an hour each day to do some reading - my blog esp - and your set.

Go for it.


www.shareinvestorforum.com




c Share Investor 2018










Share Price Alert: Contact Energy 12


I would add on 10c to my estimate of what I think Contact Energy Ltd [CEN.NZX]is worth right now. That gives a figure of $6.50. Lower than the November yield of just over 6% pa but considered a bit of a steal when you add in the dry, dry weather we have been having lately (great for Contact) and considering that you would also have to factor in on top of this a 23% rise in Div payment this calendar year. Then you have set yourself up for similar payments in subsequent years.

At current prices of $5.51 you get the share relatively cheap and you get the income of over 6%.

You might want to plunck down a buy order today because come reporting this Feb 12. I think you will see quite a surprise to the upside with a promise by management that we will see increasing profits.



CEN @ Share Investor

2018 Share Investor Stock Picks

Share Price Alert: Contact Energy 11
Share Price Alert: Contact Energy 10
Contact Energy: Buy Now!
Share Price Alert: Contact Energy Ltd 8
Share Price Alert: Contact Energy Ltd 7
Share Price Alert: Contact Energy Ltd 6
Share Price Alert: Contact Energy Ltd 5 
Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
Share Investor Portfolio 2: Value @ 7 July 2011
Share Price Alert: Contact Energy Ltd 4
Share Price Alert: Contact Energy Ltd 3
Share Price Alert: Contact Energy Ltd 2
Share Price Alert: Contact Energy Ltd
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




c Share Investor 2018