THE LONG AND THE SHORT OF IT: Power renewables and accounting for the probable
Paul McBeth and Oliver Mander opine on marketland.
The Bottom Line’s Paul McBeth and New Zealand Shareholders’ Association chief executive Oliver Mander return with The Long and the Short of It, where they discuss the latest goings-on in marketland.
This week, Oliver reflects on Contact Energy’s $525 million capital raising and how expensive the wider push into developing new renewable generation is going to be – looks like a growth opportunity for the companies typically held for their reliable income.
Meanwhile, different treatments on the legal stoush by SkyCity Entertainment Group and Fletcher Building had Oliver diving into the weeds of accounting standards and just what the word probably means.
Annual meetings for NZ King Salmon Investments and Tower ushered in some changes at the respective companies, while Reserve Bank governor Anna Breman is playing monetary policy with a very straight bat indeed.
Paul still can’t work out where the first second of the video comes from.
Or listen to it on Spotify here.
Image from Curious News.
Disclosure: Paul McBeth has owned shares of Tower since January 2024. Oliver Mander owns shares of Tower, SkyCity Entertainment Group, Fletcher Building and recently purchased shares of NZ King Salmon Investments. He’s a member of the global user advisory board to the International Auditing and Assurance Standards Board.
