SPK 2.63% $3.33 spark new zealand limited

SP dropping below $4.00 hurts, page-6

  1. 2,635 Posts.
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    Thanks for the link. I think most of the 'bad news' is already out as SPK already reduced guidance in May, so am not expecting any surprises.
    I think it's a good business that will be resilient to recession and is a reasonable defensive stock to get set in now.

    In the near term I think the dividend may fall due to NZD:AUD conversion, given that Reserve Bank of NZ has cut the cash rate
 
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