its all green today
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z on fire , you can tell the strenght of the move when it climbs of its lows of the day and ends at weekly highs
z breaking above previous resistance , next test 3.50? previous pivot area
still tracking nicely , my the roads were busy on the weekend too.
Makes sense but I can’t understand the AIRNZ rally!
What happened to up up and away?? Low volume Friday...........
Originally this was meant as a potential trade, ride the capital raise share price upwards as happened to so many other companies. I was surprised when this did not happen. I was always comfortable with the long term fundamentals however and am happy to hold long term. It has been nice to see a bit a movement in the recent week or so, as I feel there is a lot of upside here in the next couple of years. Volumes are rising and share price will move substantially once actual dividend amount is announced.
not sure what time frame but petrol engine cars will face increased taxes not less. And before the decade is out driving a petrol engine car will be seen as socially unacceptable. Not sure the mind set of the average kiwi will go this far looking at the favourite pass times of kiwi human beings. Its on the minds of some and next week or so the PM is declare climate marshal law. I say all loud cars and motor bikes be removed first...North land get south african tourist operations vehicles ...gather up 501's
https://en.wikipedia.org/wiki/Casspir
the cops are buying new petrol cars though, so its not going to happen just yet.
They use them for about 6-7 years before replacement so I guess they could be using EV's by the end of the decade.
EV's are just not popular out here in the provinces. I reckon its going to take longer than 10 years before general populace swaps over.
The government needs to address the capital cost of the vehicles first, rather than tinkering with things like banning ICE or exempting EV's from RUC.
Waitomo have partnered to rollout hydrogen refueling stations, but I haven't heard anything from Z. Personally though, based on physics and the economics of the hydrogen system envisaged, I'm not convinced the hydrogen economy is any where near tenable yet.
your not alone in thinking a value trade or investment , i see L1 Capital just joined the register on friday they are value investors
http://nzx-prod-s7fsd7f98s.s3-websit...128/336337.pdf
also i think as waltz mentioned ardern probably spooked a few people with her climate emergency announcement which probably didnt help the share short term.
quite funny her statement as i see NZ might not be invited to the climate summit as NZ is not meeting its paris accord commitments so maybe her statement was just to make sure she gets an invitation.
NZ faces exclusion from major event of carbon-cutting nations
https://www.stuff.co.nz/environment/...utting-nations
looks like the market has got over arderns climate emergency announcement and is getting back on track
Realists actually, as opposed to a pile of sand.
Z Energy launches pay-by-numberplate option for faster gas payments
https://www.stuff.co.nz/business/123...r-gas-payments
first for nz