6 blog posts found
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Dividends from Mighty River Power, Meridian Energy and Genesis Energy: part 3 of 3
Posted: 16 Jun 2016Topic: Electricity, Financial markets, Government shareholding, Investment, Risk management, Shares, State owned enterprises, TaxationAuthor:In my previous article on Air New Zealand, I mentioned the concept of risk as being important when considering returns. Risk is also relevant to the discussion about the dividends from the... -
Dividends from Mighty River Power, Meridian Energy and Genesis Energy: part 2 of 3
Posted: 15 Jun 2016Topic: Capital, Electricity, Financial markets, Government shareholding, Industry, Investment, Prices, Risk management, Shares, State owned enterprises, TaxationAuthor:In part 1, I showed that the dividends from the three electricity companies had significantly increased around the time that 49% of their shares were sold to investors, and the companies were listed... -
Dividends from Mighty River Power, Meridian Energy and Genesis Energy: part 1 of 3
Posted: 14 Jun 2016Topic: Capital, Electricity, Financial markets, Government shareholding, Industry, Investment, Shares, State owned enterprisesAuthor:There was some public discussion earlier this year of dividends from the majority government-owned electricity companies Mighty River Power, Meridian Energy and Genesis Energy. In this article I will... -
The Crown’s Investment in Air New Zealand: part 3 of 3
Posted: 20 May 2016Topic: Financial markets, Government shareholding, Investment, Prices, Shares, State owned enterprises, TransportAuthor:In November 2013, the Government sold 221.3 million shares in Air New Zealand at a price of $1.65 a share, receiving proceeds of $365.2 million. The Crown retained ownership of 582.9 million Air... -
The Crown's Investment in Air New Zealand: part 2 of 3
Posted: 18 May 2016Topic: Financial markets, Government shareholding, Investment, Prices, Shares, State owned enterprises, TransportAuthor:The Crown's investment in Air New Zealand, part 2 In part 1 of this article, I estimated that the Crown has received a return of 8.4% per year from its shareholding in Air New Zealand, based on an... -
The Crown's Investment in Air New Zealand: part 1 of 3
Posted: 16 May 2016Topic: Financial markets, Government shareholding, Investment, Prices, Shares, State owned enterprises, TransportAuthor:On 18 January 2002, the New Zealand Government invested $892 million in Air New Zealand, giving the Crown an 82% ownership stake in the company. A further $149 million was invested in Air New...