Aug. 22 at 1:38 PM
$HE , I would say this has been a good week! Hawaiian Electric is pushing forward with a major overhaul of its grid in downtown Honolulu and Chinatown. After a significant outage, the company fast-tracked a long-term plan to replace aging transformers, underground cables, and key safety equipment. I see this as a big investment in reliability and resilience.
And here’s the kicker: investor Murray Stahl just made a bold move by increasing his stake in HE by over 3.6 million shares...a whopping 28.6% jump! That kind of move signals strong confidence in the company’s ability to bounce back and grow, even with the hurdles it’s navigating.
