Saw this in the afternoon on the Motley fool, Should have posted
AGL Energy Limited (ASX: AGL)
A note out of Credit Suisse reveals that its analysts have retained their underperform rating and cut the price target on this energy company’s shares to $13.70. The broker believes that electricity demand has been resilient since its last update and expects the company to announce a share buyback with its full year results. However, it remains concerned by its prospects in FY 2021 due to weak wholesale prices. The AGL Energy share price is changing hands for $17.01 today.Seems like the big boys wants to accumulate and also Afterpay always will shoot out a report to clear some people. but Afterpay took another way of up 11%+ they seem to position themselves at getting at the stock @ $18 from option data before the "ex" dividend date
NTA is $12.87
LOW PE
ROE high
if below $15 I would position everything back to this Electric Elephant
KEY take away was that they expect another share buyback this time round
They up the Electricity prices from May a few cents. Solar tariffs cut to 10.2c
Everyone is milking everybody in this system few cents at a time.
Looking back at the AEMO website of the electricity prices, not much too much difference in end of 2016 and 2017 but there were more $100+ avg price days compared to now. which was AGL @ $27 tops the prices now are not that bad. compared to last time electricity prices, this Electric elephant is at around $19~$21 when prices sometimes were at these levels. If prices normalise consistently @ $60~$120 we would definitely see $20+- when this human-created virus economy temporary bust over.
VIC seems to be doing quite well despite of lockdown
| Date | NSW RRP | PEAK RRP | QLD RRP | PEAK RRP | SA RRP | PEAK RRP | TAS RRP | PEAK RRP | VIC RRP | PEAK RRP |
|---|
| 1 | 2020/07/01 | $34.39 | $36.92 | $31.10 | $32.84 | $32.20 | $36.82 | $48.77 | $59.59 | $31.20 | $36.01 |
|---|
| 2 | 2020/07/02 | $34.55 | $38.60 | $28.74 | $30.35 | $35.61 | $41.46 | $31.17 | $30.39 | $35.80 | $41.80 |
|---|
| 3 | 2020/07/03 | $36.49 | $38.95 | $27.55 | $25.95 | $38.93 | $42.09 | $33.60 | $38.24 | $42.24 | $47.34 |
|---|
| 4 | 2020/07/04 | $37.11 | N/A | $12.96 | N/A | $48.89 | N/A | $36.62 | N/A | $49.23 | N/A |
|---|
| 5 | 2020/07/05 | $35.33 | N/A | $31.48 | N/A | $49.11 | N/A | $41.71 | N/A | $48.91 | N/A |
|---|
| 6 | 2020/07/06 | $52.46 | $59.89 | $43.63 | $47.79 | $61.60 | $68.62 | $37.90 | $37.06 | $71.96 | $85.82 |
|---|
| 7 | 2020/07/07 | $47.95 | $52.34 | $36.56 | $35.63 | $76.73 | $93.90 | $62.24 | $71.40 | $84.43 | $102.38 |
|---|
| 8 | 2020/07/08 | $45.92 | $49.51 | $39.97 | $41.98 | $72.72 | $79.65 | $60.62 | $64.26 | $77.68 | $84.46 |
|---|
| 9 | 2020/07/09 | $46.40 | $48.54 | $45.75 | $48.69 | $59.76 | $68.32 | $53.17 | $57.85 | $68.27 | $79.12 |
|---|
(20min delay)