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
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Not so fast Davy Boy
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Beam me up Davy
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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

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

Hallenstein Glasson Holdings: Winter Surprise?

Hallenstein Glasson last recommended here in Jan has taken the 20 net div off and retreated somewhat in its share price.

I cant work out what this share is going to do in terms of share price except to say ill give you some of my feelings on the matter if you were going to buy this company right now.

The all important US/kiwi cross is about the same, inventory is crisp and buying is on key.

What is not apparent, yet, is what the consumer is going to do, and how that will develop along with winter temps.

Hallensteins has been hurt before by mild winters, so what is needed by the group to get the ultimate shot is a good winter all over the country AND it has happened before.

So as far as the winter is going, well it is starting to look good. It is getting cooler than usual for this time of year - in Albany.

Where does that leave the share prince for an opening?

Well I am picking weakness - not unusual for this time of year - so a pull back to the early $4.20's wouldn't be a surprise and if there's anything unusual going on, HLG management will bluntly let us know, they always do.

Either way don't forget that this is the number 1 payer of divs on the NZX. Currently paying over 9 % pa net.

AND its showing a lot more buying interest over the last year - a lot.

Trade/Invest wisely.



Hallenstein Glasson @ Share Investor


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Discuss HLG @ Share Investor Group 



c Share Investor 2019

Right Now Its all about the Dividend

Well I am a simple guy.

Simple things follow me around.

A like simple cars, simple food, a simple place to lay my head, a simple woman (mmwwhh) and a simple place to park my money.

With the money thing in mind let me tell you it has been quite easy to do - I have gotten where i want to go and am living comfortably off on my dividends.

I have gotten to this point by working hard and buying stocks at the right prices at the right time and by keeping them forever.

You must never touch the source of the dividends. Never.

I had a life changing incident that happened over 7 years ago and this kind of coincided with the beginnings of bull runs - that still haven't ended - all around the planet and luckily matched my criteria for buying shares and I bought a lot.  

How did a bloke who has enjoyed a lot of his life, got divorced, got lawyers involved in his private life managed to be in the envious position of not having to work if he doesn't want to - I don't see that happening really - and is about to make a leap into the "unknown"? Well it was kind of "planned" that way.

Like most human beings I think i'm basically a lazy person. So everything from the age of 30 right up until I was a father in my 40's was working.

Really stepping into my investing life once again everything has been engineered or "planned" in that way. I always looked for good dividend paying stocks - after making a few pratfalls along the way - and over the years those have paid off big time. 

There has been much writing done throughout this blog about my style of investing but its basically buy a great company at the right price and keep your eyes on it.

I only own 8 companies on the NZX.

That sort of brings me back to right now.

You have to maintain that discipline, especially when you are paying a higher price -remember your money isn't going to get a better return than the stock market.

Right now, I don't see any other sort of investment that is going to return more money to you now than a great company on the NZX - and you can include other borses as well. There are still 1 or 2 companies around now that are paying good divs or will be in a good position to pay far higher divs in the future and I have some now!!

And until something goes uncontrollably wrong - like interest rates creep up. Little is going to happen. I say little because you can never be to sure whats around the corner.

AND of course 5 years down the track you will be saying what did that bloke say again?

Invest/trade wisely.




c Share Investor 2019