If you already hold a good amount in the company, your strategy is completely logical. However, am in the accumulation phase, so my strategy is to use short term uncertainties to build a long term investment.
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Yes sure. Lower crude prices will be good to increase margins with pump prices low, concerns about margins will dissipate. Then there is the EV (?revolution?) which I think will be beneficial for a company that has infrastructure already in place and just needs to add charging stations to the mix.
Agree with BP's sentiment expressed above. The danger of another downgrade is crystal clear to me. The chart also looks a bit ominous.
I see no reason to buy right at the minute. It needs to offer compelling value for me to get back on board. Fair value, I have no interest.
The expected cost of ‘discounts’ from loyalty schemes is built into the displayed pump price.
That does not make sense too me or is irrelevant or why did the company needed to downgrade based on discounts then. I think, as a customer, discounts to me are rather a put-off then an incentive. The earlier the company wakes up to this fact and starts to compete on price alone, Gull is my preferred station. Besides, I have no time to bother with discount schemes anyway.
Discount scheme's and incentives built into the psyche of most people, for example Air New Zealand has millions of airpoints members.
I understand some people can't be bothered with them but there's plenty of people who can and don't live near a Gull or one of the other minnows with no discount scheme.
...the 'NO GIMMICKS BONUS SCHEME': convenient location - overall presence - cheapest offer - saving time. That ensures my loyalty every time.
Question: are fuel retailers bound to display their best offer after discounts? This would be transparent reality competition.