It's a dangerous game to predict such a thing. :P There are a...

It's a dangerous game to predict such a thing. There are a few things happening next year such as the possible closure of Hazelwood Power Plant in Victoria. This is likely to put pressure on NSW electricity production so wholesale prices may go up. (Energy futures indicate another $10/MWh rise).

I would like to see 10.5 cents or so. Bear in mind a lot of people are shorting this which doesn't make sense to me considering the doom & gloom scenario is largely priced into the stock. If they got 8 cents for EPS it's still 14.5 P/E. That would only make sense if there was literally no growth expected. US incumbents are pretty slack and don't have great customer service in comparison with SPG.

Oakey will come in handy big time and it's not very dated. If this summer is particularly hot you can expect many other retailers with limited hedges in place could have serious cashflow issues.