Plan needed from Gentrack to restore investor confidence

Plan needed from Gentrack to restore investor confidence
Dan Brunskill
Gentrack needs to come up with a strategy that can be delivered quickly if it’s to win back investors who ditched the ailing software company, analysts say.The shares dropped to $2.30 in afternoon trading, the lowest level since March 2016. That takes their loss to almost 41 percent in the week since Gentrack first flagged earnings were set to fall due principally to price controls in Britain’s energy market.Arie Dekker, head of research at Jarden, said there was too much uncertainty following dramatic changes to the UK market and Gentrack mana...

More Markets

Delegat provides a bubbly end to NZ reporting season
Markets Market Close

Delegat provides a bubbly end to NZ reporting season

Delegat Group rallied 39c to $4.05 despite a 14% profit decline.

Jamie Gray 29 Aug 2025
Harvey Norman reports 'notable turnaround' in NZ
Retail

Harvey Norman reports 'notable turnaround' in NZ

Sales in NZ rose 1.6% to $1.05 billion.

Staff reporters 29 Aug 2025
Years of turbulence ahead for Air NZ: Analysts
Markets

Years of turbulence ahead for Air NZ: Analysts

One brokerage has downgraded the airline’s stock to “sell”.

John Anthony 29 Aug 2025
Port of Tauranga seeks support for fast-track tweak
Policy

Port of Tauranga seeks support for fast-track tweak

Fast-track saga overshadows Port of Tauranga 23% profit rise.

Garth Bray 29 Aug 2025