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...
1.2k Views
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...
914 Views
Tilt Renewables: Scheme Booklet Out. EGM Firmed
Done deal and trading tight at a 1.0%/7.2% gross/annualised spread. Given the spread and Tilt's low liquidity, this insight is bearish.
260 Views
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...
805 Views
Mercury: Downgrading After Strong Performance
MercuryDowngrading After Strong Performance UNDERPERFORM We are downgrading our Mercury (MCY) rating to UNDERPERFORM from NEUTRAL following a...
344 Views