Have a look at the link I supplied and check the demand and supply charts (and maybe read the reminder of the summary). What they are talking about is a big ramp up of demand ... and this is good for NZR:t_up:!
Printable View
Finally dip my toes today at 2.55
Just bought more yesterday and today
Managed to break today through the MA30 as well as the MA50 (and its a while since it last has been above the MA50). Very early days ... but who knows, maybe the tide is turning?
Will we see a jump back to 3. Next week.
margin was good last month...
Yep, throughput and margin report looking good given that the markets expected a subdued first half of 2016: https://www.nzx.com/files/attachments/239754.pdf
Obviously not such a spectacular year as the last one, but if everything holds: low oil price, increasing fuel demand and if the NZD doesn't set up into the stratosphere again, than this might well turn into another "well above average" years. Remember - no planned down times in the second half and all these vehicles THL owns as well as all these new AIR jets need to be fuelled;)
I reckon this report will help to lift the in my view oversold stock price. MA 100 and higher highs - here we come!
Obviously - anything is possible - i.e. DYOR!
Looking solid second half.
With interest rate cut comming. Nzd will back down