I am also going to sell some POT.NZ after a very long time. I will adding to my over weight holding of FPH.
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I am also going to sell some POT.NZ after a very long time. I will adding to my over weight holding of FPH.
Spent apporox half an hour this afternoon looking over the fence of POT's inland port at Rolleston. Here are my observations;
There were very few containers in the yard. Those that were there appeared to belong to a local container storage leasing company.
I observed no trucks arriving or departing. The reach-stacker never moved while I was watching nor any other equipment such as forklifts.
There were half a dozen empty container rail wagons in the siding. I saw no movements to load them.
Boop boop de do
Marilyn
Silly question maybe MM was there a ship in :-)
Could explain it!
A company talking up their operations!! :eek2:
I suppose just just takes some time to get rolling. Timaru's container traffic would be pretty small currently??
Indeed Snoopdog. Kotahi (majority owned by Fonterra) have a few percent ownership in POT and are focused on Maersk, so guess prefer to go through Timaru if it works.
from Stuff article 31 July 2015Quote:
The inland port would begin operations "as soon as we can get some cargo," Cairns said.
i read another article that said early activity might focus around empty container storage??
$20!!!
Loving this quiet boring company. Investors must be getting excited about bigger ships arriving after the dredging is completed later this year.
Long time between drinks (posts) in this thread.
$20 ... will it hold?
What will future dividends look like after the major CAP EX's are completed?
How could I have possibly doubted my wife when she wanted to buy these 2 1/2 years ago?