Lol. I always thought the point of paying a high multiple was that you believe the company can make existing profits for many years. This is a really good dividend growth stock that I don’t see myself selling.
Printable View
Lol. I always thought the point of paying a high multiple was that you believe the company can make existing profits for many years. This is a really good dividend growth stock that I don’t see myself selling.
Pe is too high for the growth, making the expensive. Why is the price so high for a company with such little growth? Imo because it's seen as a safe purchase (good assets, land, infrastructure hub, sp history, etc). Lower risk, lower return.
Good place to put your money if you have loads and need the lower risk but still get an ok roi pa and a little bit solid growth. Great for institutional holders and financially mature investors.
Not sure about the growth this year (i don't know where the growth will come from), also international risk. Probably why the price is stagnant.
http://www.sharechat.co.nz/article/8...er%20expansion
Oh, that's the growth plan. For anyone interested, you can view the shipping schedules on the pot website. Useful to predict capacity and get an idea on profit in between announcements.
Big turnaround in the past few weeks. Is this Div securing?
Thanks. Good for POT and for rail!
Wellington
- There will be no direct Maersk service calling at Wellington going forward
- Napier is available as an alternative load port for exports
- Imports – Cargo will be transported by rail from Tauranga to Wellington, subject to additional rail costs.
Dredging up an old thread here. I've been watching POT in the wake of the news about log export demand that has hit other ports around NZ mentioned here http://www.gisborneherald.co.nz/fron...p-buying-wood/ POT SP took a hit on 31 Jan dropping around 5% but has largely bounced back over the last 2 days despite logs making up about 40% of the export tonnage through there.