FY19 Outlook, page-33

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JCoure

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23/08/18

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Post #: 35110331
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Originally posted by tt2000 ↑

From the below on 15 Nov 2017, looks like SXY is indeed in the hot seat under any scenario, but I feel like they prefer the NEG scenario.

"Many stakeholders are involved including governments, suppliers, customers and various energy experts. There was widespread commentary, plans developed, solutions offered and deals made.

Senex is not alone in our view that interventions like the Australian Domestic Gas Security Mechanism remain short-sighted and damage the potential of the market to respond appropriately, while the Finkel Report’s recommendations provided a sensible forward path. The unresolved recommendation around cleaner energy was finally addressed last month, and we welcome the
Federal Government-endorsed National Energy Guarantee.

Fundamentally, regulatory instability and disconnected energy policies are not helpful to the objective of delivering affordable, reliable and sustainable energy. We hope to see the States and Territories agree on a solution around the National Energy Guarantee at the COAG meeting later this month.

In all of this, however, gas continues to be an integral part of the energy mix, supporting the transition towards a lower carbon future. Smaller operators like Senex have an important role to play in bringing that gas to market as cheaply and efficiently as possible. Our view is that Senex is well positioned under every regulatory scenario and we have the right strategy and capability to realise the near-term potential in the east coast gas market. "

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Change in sentiment from buy to hold in my case, political situation crowds out regulatory scenario

SXY Price at posting: 46.0¢ Sentiment: Hold Disclosure: Held
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FY19 Outlook, page-33

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