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

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