Pump prices drop soon ......thanks to Jacinda for making them a tad scared
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Yep do a lot of walking. Its the best way to lose weight btw. Hey there is an interesting book out ive just read and done a 3 day cleansing diet with. "The Plant Paradox" very interesting ideas and research for a healthy lifestyle.The green avo and spinach and lettuce and mint and lemon juice and ice and water smoothie worked a treat.
I see Z Energy majority-owned Flick is in the news a lot at the moment. As a Z Energy shareholder (albeit very small) I wondered if it was a good idea adding Flick or at the very least spending as much as $46M on it. Flick hasn't really added many customers since May last year and it appears that a fair percentage of customers seem to head for the door at the first sign of spot price trouble rather than ride it out. I like the idea of a spot price option but just at this stage New Zealanders don't seem keen on it. Having said that, Flick seems to be a pretty slick, innovative operation with good customer service.
I'm attending that Craigs Investor Road Show next month featuring Mercury (don't hold), Summerset and Z Energy. I"ll be interested to hear why they thought it was a good idea to purchase Flick, I'll keep an open mind. Maybe doing something really old fashioned like paying off more debt would have been a better use of the cash. I'll be interested to hear what they say.
https://www.nzherald.co.nz/business/...ectid=12150226
profit down quite a bit and outlook suggests more (less profit) to come... any comments? it was worst then i thought but maybe divestment might be the way to go?
This doesn’t seem to be good news
http://www.sharechat.co.nz/article/8...s-drop-21.html
usually profit cut comes in 3... so this is the 2nd time? maybe one more to go...
Last year this fandangled ebitdaf thing $449m
First guess for F19 was $450m
Next guess F19 $420m ($30m lower)
Latest guess $400m ($20m lower)
Think I am justified in using the bottom of the range ...the top of the range is to give you warm fuzzies and a bit of hope,
Yes, more lower guesses to come I reckon