Don't Be Shortsighted on New Zealand's Oversupplied Energy Market
New Zealand's vertically integrated electricity generator/retailers, or "gentailers", are high-quality businesses. The most attractive at present...
331 Views
NZ: Contact Energy (CEN NZ) Hotter Than Mercury (MCY NZ) As Catalyst Looms
Contact Energy has outperformed Mercury NZ over the last couple of months. A major catalyst is the potential migration of the stocks between size...
1.6k Views
Genex Power (GNX AU): Scheme Vote on 16 July as Skip Remains Silent
Skip’s silence suggests a greater probability of accepting the scheme. The takeover offer caps the downside due to structure and price. The gross...
530 Views
Genex Power (GNX AU): J-Power’s Binding Proposal as Skip’s Intentions Remain Unknown
Skip could derail the scheme vote. The likely scenario is that J-POWER succeeds with its takeover offer. At the last close, the gross spread of the...
667 Views
Genex Power (GNX AU): J-Power’s Dual-Track Non-Binding Proposal
The NBIO is attractive, but the scheme's completion hinges on Skip’s acceptance. The off-market takeover is the floor price, as the minimum...
483 Views