StockTalk

I will be voting left, there is no im voting for the coalition of chaos.

Winston is 81 years old he needs to retire. tout suite.  should be an age limit.
Seymour is a nutjob.
Luxon is out of his depth, hopeless.

Complete war on the environment.
They are jamming legislation through.
The last consultation we gave on the NES-CF - they gave us 4 days over Easter to reply.
The RMA reform consultation was over christmas season.

they have done zero to help me.  but continue to take away.

NZX website right now says:

KMD 1.447 billion shares on issue (post cap raise) = $98.4m market cap

SEK 44.1 million shares on issue = $227.6m market cap

PLus another 413k shares issued today, which will increase the market cap.

Appreciate perhaps a bit of criteria around dropping out or being included.

Perhaps not a commentary about how good Seeka is going, but more how sh**e KMD is.......

Quote from: Rawz on Apr 15, 2026, 03:54 PMSEK is heading for the NZX50 as per CEO Michael Franks.

Reckons as of today it would get in. Next review is June.

There's a grain of truth there, in that SEK is a nose in front to take KMD's spot if it drops out.

The sticking point is whether KMD is actually likely to drop out, once all its new shares are issued.

Disc: Holding a bit of both

Quote from: Rawz on Apr 15, 2026, 03:54 PMSEK is heading for the NZX50 as per CEO Michael Franks.

Reckons as of today it would get in. Next review is June.

Shhh don't tell everybody yet. Was hoping to top up again. Went to the AGM and all sounding really positive, and what a friendly and happy bunch of people. They treat you like part of the family. I was very impressed with the video presentation of the auto sizing 8 lanes of kiwi fruit sorting into there different sizes then they are feed into about 20 roller lanes where packers put them into there boxes. But very soon those packers will be replaced by automation packing which could possibly run 24hours a day. Sounds like good growth to me.       

Quote from: Ferg on Apr 15, 2026, 05:32 PMGiven increased spend on petrol has been sourced from decreased spend elsewhere, wouldn't this be a net negligible impact on GST receipts for the Govt?

Good question mate, its hard to say ?  Certainly national average rents are down approx $25pwk and most people refixing their mortgages in the last year did so at much lower prevailing interest rates and neither of these cost saving items involves GST so maybe people are simply spending more now on items that include GST ?  Others who are financially comfortable with neither rent or a mortgage to pay and plenty of scope in their finances, i.e. people like me are just spending more and feel slightly miffed the Govt are complicit in diesel being 30 cents per liter higher with the increased GST content than it really needs to be.  I wouldn't change my vote because of it but some people might and the polls, if they are to be believed, are very tight.  I think more pointedly, if fuel remains where it is the likelihood of the economy being tipped into recession is very high and most people have had a complete gutsful of the economy being in recession and some of them will vote for the lunatic left and off we go to the races again with rampant spending on woke nonsense.  I'm pretty sure National are shooting themselves in the foot here.  Fuel is such a visible in your face cost to most people as they grumpily pump it into their vehicle.  Hopefully the straight of Hormuz gets opened again soon and fuel prices will gradually become less problematic.

a vote winner for a whole bunch of useful electorates and voters in urban areas would be making public transport free for say 3 or 4 months. Quite a low cost, I hear about $80 m for 3 months.
Encourage people to try out modern buses, trains and ferries, and also reduce demand for fuel and deliver real savings to struggling commuters. For many would be the first time using a bus since school no doubt. Not everyone would be able to take this up, but enough to make a difference. I see some Australian states are doing exactly this as a response to the fuel crisis. 
 

Quote from: Basil on Apr 15, 2026, 04:34 PMTo be crystal clear, I'm not talking about a sugar hit here.  I'm talking about the Govt refunding back their windfall GST gains from the increase in the cost of fuel.  That's fiscally neutral to them and ameliorates some of the extreme pain being felt in the economy.

Given increased spend on petrol has been sourced from decreased spend elsewhere, wouldn't this be a net negligible impact on GST receipts for the Govt?

Agree, lack of action is not a vote winner and its election year.  The last thing we want is a coalition of the lunatic left getting back in because voters are disenfranchised with a lack of response from Govt on extreme fuel pain.  I think this has been badly mishandled.  Giving some sections of the economy like working for families a boost is okay but that still leaves the vast majority of drivers out in the cold Antarctic wind of extreme fuel prices.
Either the straight of Hormuz gets opened soon or National gives some fuel relief.  If neither happens there's a real chance this Govt is going to shoot itself in the foot over this.

I don't think the govt are winning to many votes with this move.
The current govt has given big sugar hits to landlords and big tobacco - how about helping out other industries?
Looking at a huge increase in operating costs for diesel intensive industries.

Maybe JD Vance will visit and give Luxon his vote of confidence........

Quote from: Left Field on Apr 15, 2026, 12:30 PMIn the meantime happy to feed on the projected dividend yield  of over 12% (depending on your average SP holding cost.)

I used to think this way but now I calculate my yields based on current share price as that yield will determine if you: BUY, SELL or HOLD.

What you paid for a share has not relevance the moment after the transaction is settled.

Anyway ..... price & volume have been very bullish after the two ExD dates better than I expected. Happy holder (regardless of what I paid for them)