Recent content by sdmartin10

Had an okay eperience with IG today, one of my limits didn't get filled correctly while I was away from my desk and then the price plummetted. I called them up and they filled the order straight away at my limit. You could definitely argue that the system failing was bad (they never miss...

Re: HDF - Hastings Diversified Utilities Fund first time it cracked 1.10 though and sell side is still thinnish. still think 1.20 is a realistic short term goal. assuming they can manage the stage 3 development well, and the rumours of 18% are not for the entirity of the project finance then I...

Re: HDF - Hastings Diversified Utilities Fund Nice return SC in 7 weeks not even considering the yield. Has held up okay today considering XD. The real kicker is still Epic stage three and the funding conditions. Nearly doubles Epic cash flows with not much extra cost. Worth over $2 if they...

ELDPA continued to surge yesterday, I find $59 a bit surprising. Maybe I need to take some responsibility I sold half of mine at $55 :banghead:. Given the risk compared to others and still 2 years to step up. It is now trading above MXUPA and not that far below rated Hybrids.

Glad I have those risky ELDPA's today. I think the chnage is reflective of the risk that has now been taken off the table. Major debt pay down and good spp. Still some risks, that's why it's still running at 12% yield at 50/100 face value. But ELD is no longer on death watch.

jb ppx may have some significant revenue squeeze for the next twelve months, but you'd be struggling to find a company with lower gearing. Considering you are buying debt that is pretty significant. ELDPA is a risky play.

Looks the Hybrids are getting a bit of rerating, maybe debt isn't so dirty anymore. PXUPA is up about 80% from the recent lows. Plus big runs on my other two hybrids MXUPA and ELDPA. They are making my portfolio look a lot healthier without even considering the big yields. Still plenty of...

Re: MAP - Macquarie Airports Could be a capital raising to buy out the management agreement. Given the gearing they probably wouldn't want to use all their cash.

Several Hybrids paying divs are currently trading well below 40c in the dollar, even investment grade hybrids are at big disc to face value. An okay outcome on DBCT, Euroports and PD ports may still see BEPPA trading around 30c. That is still a great price from here, but debt instruments will...

Re: HDF - Hastings Diversified Utilities Fund 110M is cash redemption. Be interesting to see how the share price responds tom. It wouldn't take much pressure for the stock to head under $1. I think the plan is pretty sound though. Epic is a great asset with a solid growth path. If stage 3...

Re: HDF - Hastings Diversified Utilities Fund It is fairly clear why Hastings would want to hold on to part of Epic. They obviously see significant growth opportunities once they have access to capital. As far as TCW's offer the big question has to be why they are so adamant to go outside of...

I can't see how both of these contracts could be completed simultaneously. You simply can't expand that quickly in one specialist area. Given there are no announcements I can only conclude that no contracts have been signed.

Why hasn't this new contract been announced to the asx ? Unless I'm missing something there seems to have been nothing official yet.

I'll bite .. Josephus, Plutarch- romans... thousands of early manuscripts and fragments indicating a reliable transmission of the source documents. There is evidence there but not many people can be bothered looking.

You can reserve the right to ridicule, but you can't then object to other people pressing their beliefs on to you. That's what your doing. To disclose my position I am LT Buy (sic) on christianity. I am happy for people to question/ridicule any religion, belief or idea as long as they are...