You can buy for $2.34 on todays trade. SKI and SPK are NZ utilities companies with very clever boards.
Management of SKI and SPK GDP....well, same as CALTEX, BP, etc. NO COLLUSION, cough cough, choke!
I bought for yield, so looking for long term investment with upside. Big Mkt cap of $4B, and NZ will have better GDP numbers than Australia in 2018, SKI/SPK have good cashflow for expansion/merger.
Currently hold SKI, SPO,MMS, SWM, EVN, RRL, S32, but do not hold SPK.
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