Showing posts with label Contact Energy. Show all posts
Showing posts with label Contact Energy. Show all posts

Monday, May 25, 2015

Thanks Dennis Barnes



I just want to say a quick hello and thank you to Contact Energy's Dennis Barnes.

I have been critical in the past.

Your background is back up the front and you are to be congratulated.

A 50c dividend is generous.

This Blog Share Investor thanks you.



Friday, February 20, 2015

Have Contact, what do I do with it now?

I bought this share in August 2011 thinking that the worst was over and that Contact was about to bring in the divs.

The company had just appointed a stonking CEO called Dennis Barnes and all was right with the world.

Or so we thought.

All the talk from Dennis, yes Dennis, I'll call him that from now since the folks at Contact will be reading this.

Anyway, he has been talking about a return to shareholders since taking over the reigns.

What made him change his mind?

Has Contacts prospects gotten so bad, he simply can't entertain the idea?

No, the company is doing well, and looks good to return $1 billion.

But what is this, oh no Dennis your 53.1 per cent shareholder Origin Energy has made some bad choices over the years as well and now looks to treat Contact as its own personal ATM by using that very same money that is supposed to be mine, ok ours, on buying up overseas energy companies.

Come on Dennis they are big boys.

Let them find their own money!

You have been talking about this for a long time. Expectations are that you would return it, to us.

Do you want to treat shareholders like your previous CEO treated your customers?

We know how that ended.

So I urge you, do the right thing. Treat us like owners as well as Origin Energy and return the money where it belongs, to us.

Don't be a paid lacky, we share in the fortune that you started with in this company.

Lets make it a long, mutually beneficial fortune.


* Contact has had a look ...


CEN @ Share Investor

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
Download CEN Company Reports



c Share Investor 2015

Thursday, September 20, 2012

Share Price Alert: Contact Energy Ltd 7





Chart forContact Energy Ltd (CEN.NZ)




With Contact Energy Ltd [CEN.NZX] putting on 50c over the previous 2 weeks we may have turn a corner with buying far outselling. Most of the rise has been over the week.

Buyers have seen the power of this monopoly come to the fore with its near 25% of the market understood.

What they may not have seen was tucked away in the current Annual Report is the net asset value $4.24.

This values the assets in the company at $4.24 and the goodwill and the like at just over a dollar. You would just have to question that last one because no matter how many employees a company has there has got to be more than a buck for the rest of the business.

There maybe other reasons why the share is finally moving - takeover talk included - but I will put it down to the low price put on management, their new boss has given people at Contact a boost.

That will do until a bid is made for them, it will.



Share Price Alert Series

Fletcher Building Ltd 5
Auckland International Airport Ltd
Kathmandu Holdings Ltd 2
Mainfreight Ltd 3
Fletcher Building Ltd 4
Fletcher Building Ltd 3
Port of Tauranga Ltd 2
Contact Energy Ltd 5
Ecoya Ltd
Contact Energy Ltd 4
The Warehouse Group Ltd 2
Contact Energy Ltd 3
Contact Energy Ltd 2
Xero Ltd 2
Pumpkin Patch Ltd 4
Pumpkin Patch Ltd 3
Hallenstein Glasson Holdings Ltd
Telecom New Zealand Ltd 4
Telecom New Zealand Ltd 3
Port of Tauranga Ltd
Freightways Ltd 3
Goodman Fielder Ltd 2
Freightways Ltd 2
Telecom New Zealand Ltd 2
Ryman Healthcare Ltd
Charlies Group Ltd
Fletcher Building Ltd 2
Contact Energy Ltd
Steel & Tube Ltd
Telecom New Zealand Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd 2
The Warehouse Group Ltd
Pumpkin Patch Ltd 2
Hallenstein Glasson Holdings Ltd 2
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

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
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 2012

Wednesday, February 1, 2012

Share Investor Portfolio 2: Value @ 31 January 2012

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After 7 months of trading the portfolio was down sharply in the first month of January 2012 by $7830.00 or 16.53% - its biggest ever fall - on the December 5 update to be worth a total of $43020.00

The portfolio is down by 8.43% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Tuesday 31 January, 2012 (NZDT)
 
Stock 
Quantity 
Cost price
 Total cost 
Market price 
Market value
 Change
%

CEN

202 $0.000 $0.00  $4.780 $965.56 $965.56

CEN

8,798 $5.340 $46,981.32  $4.780 $42,054.44 $4,926.88  10.49%

8.43%
 

Total cost   Market value      Change

$46,981.32    $43,020.00 $-3,961.32

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 5 December 2011
Share Investor Portfolio 2: Value @ 28 November 2011
Share Investor Portfolio 2: Value @ 18 November 2011
Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011

See all previous updates here - Scroll down to bottom of post

Discuss this stock at Share Investor Forum - Register free
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From Fishpond.co.nz

Every Bastard Says No: The 42 Below Story



 



Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz

Fishpond


c Share Investor 2012




Wednesday, January 18, 2012

Share Price Alert: Contact Energy Ltd 6



The Contact Energy Ltd [CEN.NZX] share price has bounced around like a cheap K'Rd hooker for the last 5 months and yesterday reached a 5 month low of $4.88.

The CEN share price had support and these levels 5 months ago and rose from a 52 week low of $4.82 on August 9 to $5.50 on the 22 September 2011. An approximate 14% rise. Well, over almost over the same time-frame the share price has done almost the mirror opposite going from $5.52 on 2 December 2011 to finish at the aforementioned $4.88.

The share price drop of around 13% over the last 6 or so weeks appears to be because the margin the company is getting for retailing their electricity has reached -7% in the month of November. They have increased customer numbers every month since introducing a 22.5% discount for early payment of accounts in August but this has of course led to obvious retail losses. October data indicated a-2% retail margin.

December operational data is out next week so it will be interesting to see which way the margin falls for this period.

The company is doing OK in terms of generation volumes and prices received for that generation so I see the share price fall as a little overdone.

The current share price is good value for this company and anything around these levels is a good buy.



Share Price Alert Series


Fletcher Building Ltd 5
Auckland International Airport Ltd
Kathmandu Holdings Ltd 2
Mainfreight Ltd 3
Fletcher Building Ltd 4
Fletcher Building Ltd 3
Port of Tauranga Ltd 2
Contact Energy Ltd 5
Ecoya Ltd
Contact Energy Ltd 4
The Warehouse Group Ltd 2
Contact Energy Ltd 3
Contact Energy Ltd 2
Xero Ltd 2
Pumpkin Patch Ltd 4
Pumpkin Patch Ltd 3
Hallenstein Glasson Holdings Ltd
Telecom New Zealand Ltd 4
Telecom New Zealand Ltd 3
Port of Tauranga Ltd
Freightways Ltd 3
Goodman Fielder Ltd 2
Freightways Ltd 2
Telecom New Zealand Ltd 2
Ryman Healthcare Ltd
Charlies Group Ltd
Fletcher Building Ltd 2
Contact Energy Ltd
Steel & Tube Ltd
Telecom New Zealand Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd 2
The Warehouse Group Ltd
Pumpkin Patch Ltd 2
Hallenstein Glasson Holdings Ltd 2
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


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
Download CEN Company Reports
 



c Share Investor 2012






Monday, November 28, 2011

Share Investor Portfolio 2: Value @ 28 November 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After the 140th day of trading the portfolio was down sharply for the second week in a row by $1170.00 or 2.47% on the November 18 update to be worth a total of $47,250.00.

The portfolio is up by 0.57% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Monday 28 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
CEN

202 $0.000 $0.00 $5.250 $1,060.50 $1,060.50
CEN

8,798 $5.340 $46,981.32 $5.250 $46,189.50 $791.82 1.69%

0.57%


Total cost Market value Change

$46,981.32 $47,250.00 $268.68


Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 18 November 2011
Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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


Recommended Fishpond Reading



Buy The Intelligent Investor & more @ Fishpond.co.nz




c Share Investor 2011



Monday, November 21, 2011

Share Investor Portfolio 2: Value @ 18 November 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After the 130th day of trading the portfolio was down sharply by $1710.00 or 3.64% on the November 11 update to be worth a total of $48420.00.

The portfolio is up by 3.06% since tracking began on July 7 2011.

Share Investor Portfolio 2 as at 17:30:00, Friday 18 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
CEN

202 $0.000 $0.00 $5.380 $1,086.76 $1,086.76
CEN

8,798 $5.340 $46,981.32 $5.380 $47,333.24 $351.92 0.75%

3.06%


Total cost Market value Change

$46,981.32 $48,420.00 $1,438.68


Share Investor Portfolio 2


Share Investor Portfolio 2: Value @ 11 November 2011
Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

Discuss CEN at Share Investor Forum - Register free
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Recommended Fishpond Reading



Buy The Intelligent Investor & more @ Fishpond.co.nz




c Share Investor 2011



Monday, November 14, 2011

Share Investor Portfolio 2: Value @ 11 November 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After the 123th day of trading the portfolio was down by $810.00 or 1.73% on the November 4 update to be worth a total of $50130.00.

The portfolio is up by 6.70% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 11 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
CEN

202 $0.000 $0.00 $5.570 $1,125.14 $1,125.14
CEN

8,798 $5.340 $46,981.32 $5.570 $49,004.86 $2,023.54 4.31%

6.70%


Total cost Market value Change

$46,981.32 $50,130.00 $3,148.68


Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 4 November 2011
Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

Discuss CEN at Share Investor Forum - Register free
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Recommended Fishpond Reading



Buy The Intelligent Investor & more @ Fishpond.co.nz


c Share Investor 2011

Tuesday, November 8, 2011

Share Investor Portfolio 2: Value @ 4 November 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After the 116th day of trading the portfolio was up by $270.12 or 0.58% on the October 28 update to be worth a total of $50670.00.

The portfolio is up by 8.43% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 04 November, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
CEN

202 $0.000 $0.00 $5.660 $1,143.32 $1,143.32
CEN

8,798 $5.340 $46,981.32 $5.660 $49,796.68 $2,815.36 5.99%

8.43%


Total cost Market value Change

$46,981.32 $50,940.00 $3,958.68



Share Investor Portfolio 2


Share Investor Portfolio 2: Value @ 28 October 2011
Share Investor Portfolio 2: Value @ 21 October 2011
Share Investor Portfolio 2: Value @ 14 October 2011
Share Investor Portfolio 2: Value @ 7 October 2011
Share Investor Portfolio 2: Value @ 30 September 2011
Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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c Share Investor 2011