Just to pull up the OP on the following statements
>> I understand people don't want assets sold and I agree with this sentiment, but if they are going to be sold without our consent, will you buy them? <<
Actually the national government was voted in based on these asset sales, so they have a full mandate to sell 49% of them off. 51% will still be owned by the government so NZers still have a majority ownership of them. This is unlike the asset sales of the 80's and 90's which sold 100% of them.
>> It is an interesting conundrum. I don't want to support the assets sales, but think that if I don't buy some then they are more likely to go to overseas buyer<<
As NZers have first right to these shares, selling them could still mean that 100% of these comapnies are 100% NZ owned. Also they are being used for kiwisaver to invest in. IT is then up to the individual investors if they want to sell them overseas, but there are rules regarding how much overseas companies can own anyway. So they will remain NZ majority owned anyway. Kiwisaver had a limited number of things to invest in in NZ, so this could be very good for kiwisaver, depending on how well the shares do.
My concern though is that apparently NZ currently has an oversupply of electricity, so not sure how well the shares will do.





