Mercury: Back to the Future — TPW Retail Joins the Fold
MercuryBack to the Future — TPW Retail Joins the Fold UNDERPERFORM Mercury's (MCY) NZ$441m acquisition of Trustpower's (TPW) retail business more...
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Mercury: It Hurts Being Caught Short
MercuryIt Hurts Being Caught Short UNDERPERFORM Mercury (MCY) has downgraded FY21 guidance -NZ$60m to NZ$460m, which is greater than we would have...
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Power Points: Wholesale Prices Power On — June 2021
Power PointsWholesale Prices Power On — June 2021 Whilst hydro conditions eased in May (lake levels are now ~70% of average vs. ~60% at month...
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Mercury: Downgrading After Strong Performance
MercuryDowngrading After Strong Performance UNDERPERFORM We are downgrading our Mercury (MCY) rating to UNDERPERFORM from NEUTRAL following a...
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Power Points: Treading Water — May 2021
Power PointsTreading Water — May 2021 As winter approaches hydro lake storage remains well below normal at 61% of average, albeit it did not...
355 Views