New Zealand Professional Investment Services Firm

Forsyth Barr

We are proud to be a New Zealand owned firm, with 21 offices throughout the country and over 300 employees. We assist personal, institutional and corporate clients providing a full range of investment services.

Forsyth Barr is a foundation New Zealand Exchange firm (NZX) and accredited market participant. We have been confirmed by the Financial Markets Authority as a Qualifying Financial Entity (QFE).

Research is the cornerstone of our advice. We have one of New Zealand's leading teams of analysts. Our global affiliations ensure comprehensive research coverage of all major investment markets.

New Zealand Professional Investment Services Firm, Forsyth Barr

Equity Bottom-Up

<ul><li>Manawa Energy (MNW) is the first generator/retailer to downgrade guidance due to current wholesale electricity market conditions.</li><li>In essence, on some days it is unable to generate enough to cover its sales position and is being forced to buy from the spot market at elevated prices.</li><li>In addition, it is providing for a bad debt associated with an electricity retailer that MNW had been acting as an intermediary for. </li></ul>

Manawa Energy (MNW) is the first generator/retailer to downgrade guidance due to current wholesale electricity market conditions.In essence, on some days it is unable to generate enough to cover its sales position and is being forced to buy from the spot market at elevated prices.In addition, it is providing for a bad debt associated with an electricity retailer that MNW had been acting as an intermediary for. 

Manawa Energy - Dehydrated and Out of Puff

Manawa Energy Ltd

Manawa Energy - Dehydrated and Out of Puff