Latest from Mighty River Power

Investor buy in welcomed

The high number of first-time sharemarket investors buying into Mighty River Power bodes well for the capital markets, says the New Zealand Shareholders Association.

All eyes on Mighty River share price

The government will be keen to see Mighty River Power shares trade at a premium to its $2.50 issue price when it lists on the NZX today, fund managers say.

Editorial: Govt must do better at promoting share sales

Editorial: Naturally enough, the Government was keen to put the entire blame for what happened on "politicking" by Labour and the Greens.

Foreign MRP investors may be enticed

Mighty River Power stock may be in demand when it lists tomorrow from international buyers who are faced with low yields in their own markets.

MRP demand backs more SOE sales

Investing in shares: Part 4

How long should I hold on to my shares? What are the most common mistakes made by first-time investors?

Mighty River price hit by power policy

Mighty River Power shares will cost $2.50 each, a price the Government says was hit by Labour and the Green's announcement of a controversial power policy.

Investing in shares - Beginner's guide: Part 3

How do I choose which companies to invest in? And what does it mean to have a diversified portfolio?

Petition falls short on signatures

The Grey Power-led petition to force a referendum on the Government’s partial asset sales policy has failed because it did not have enough signatures.

Editorial: Right time to sell Air NZ to mum and dad

Editorial: When the Government confirmed its mixed-ownership model strategy, it was taken for granted that Air New Zealand would be the tail-end Charlie.

Damien Grant: Vultures or carrion?

I could not tell you the difference between a caterpillar and a kilowatt and neither could the parade of pontificating pundits advising on the Mighty River float.

Float price range tipped to stay

The political furore over the partial privatisation of Mighty River Power will put downward pressure on the final price paid for shares in the electricity generator and retailer.

John Armstrong: Labour's two fingers draw the battle lines

In the week or so since it revealed its plan to slash power prices, Labour has bared its teeth at anyone questioning the wisdom of breaking up the wholesale electricity market just as it is showing signs of functioning as intended.

Brian Gaynor: Labour-Greens proposal creates dilemma

The Labour-Greens' proposal has created a major dilemma for potential Mighty River Power investors - should they invest in a company that could be subject to major regulatory change, including a dramatic adjustment to its business model?

How best to calculate electricity cost?

If Meridian Energy had already floated, it's a fair bet that its share price would have dropped after the Opposition unveiled its electricity policy a week ago.

Brian Fallow: Show us first that power is broken

The onus is on those calling for radical, disruptive change to something as important as the electricity sector to demonstrate that it is broken and needs fixing.

Most early buyers stick with float

So far less than 10 per cent of those who bought into the Mighty River Power offer have pulled out as a result of the Labour/Greens electricity market overhaul proposal.

Power policy halves appetite

Half of those who intended to invest in Mighty River Power have changed their minds or are reconsidering, according to a Shareholders Association poll.