ZEL - Z Energy.

Unknown broker picks a 5-10% pop. Sounds about right to me : http://www.nbr.co.nz/article/how-z-e...view-dw-144513

Our ridicule of Morningstar's recommendation is also noted

I have been reading with amusement all the negative posts about morningstar, so I thought I'd raise this thread for the entertainment of Share traders,
posts #1344 to #1348 seem informative.

http://www.sharetrader.co.nz/showthr...&highlight=WHS

WHS open 17 May 2013 4.11
Lower 31 May 3.99
Lower 07 June 3.74
Lower still 14 June 3.68
BINGO! 25 June 3.60
28 June 3.54

So if Red Bull gives you wings, What does a Red Bull Moosie give you? And is it curable with penicillin?
if you are not into frivolous posts please don't bother reading this one!

Quote:

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Originally Posted by Fuger

I have been reading with amusement all the negative posts about morningstar, so I thought I'd raise this thread for the entertainment of Share traders,
posts #1344 to #1348 seem informative.

http://www.sharetrader.co.nz/showthr...&highlight=WHS

WHS open 17 May 2013 4.11
Lower 31 May 3.99
Lower 07 June 3.74
Lower still 14 June 3.68
BINGO! 25 June 3.60
28 June 3.54

So if Red Bull gives you wings, What does a Red Bull Moosie give you? And is it curable with penicillin?
if you are not into frivolous posts please don't bother reading this one!

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Morningstar got one right. Did they pick the negative sentiment that hit pumpkin patch, Kathmandu and Hallenstiens at the same time or was it luck (briscoes being the only retail stock unscathed).

I just don't find them reliable enough to use. I think the over subscriptions (and far better yield than MRP) in this case will make it more luckily to go up than down.

And yet ASB securities offer Morningstar recommendations for their entire system... And this is floating on the 22nd yes?

Maybe Morningstar are using post-crash forecasts ...we need to wait and see

Quote:

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Originally Posted by MrAT

And this is floating on the 22nd yes?

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tomorrow, on a conditional basis

can one of you brokers explain how that works?

Not a broker, but my understanding is that it is effectively a market - conditional in the sense that all formalities for listing take a while to complete.

I rebalanced a little and took the tip off my iceberg ,RYM for some Z , RYM still by a long way my biggest holding. Sounds like a reasonable opening and a great yield ahead.

We could have a competition to pick closing price on day one.

I say around 3.74

I'll go $3.90

http://www.nzherald.co.nz/business/n...ectid=10914088

Morningside versus Milford.

Morningside who had Fonterra horribly wrong, but Mighty River right (high risk) and Milford who has Moa and Ecoya (whatever it is now) horribly wrong, but Diligent right.

Morningstar got MRP wrong. They have a value of $2.70 which may have been right at open, was wrong for anyone who took their advice. They have got the odd one right though (whs)

Quote:

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Originally Posted by CJ

Morningstar got MRP wrong. They have a value of $2.70 which may have been right at open, was wrong for anyone who took their advice. They have got the odd one right though (whs)

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I stand corrected.

I picked up that some funds have been given decent allocations - so watch out for last minute pre-opening selling.

whats the code?

ZEL is the code.

Code is ZEL

Quote:

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Originally Posted by baller18

whats the code?

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ZEL

Predict it will hit 3.88 before settling around 3.69 at close.

It keeps coming up with bonds for asb and not ordinary shares...

A fizzer for Craigs, clearly had too much to handle themselves, if Balance is saying they dumped on funds late in the piece

3.53

Quote:

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Originally Posted by baller18

It keeps coming up with bonds for asb and not ordinary shares...

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Try substituting the exchange mnemonic from another stock in your address bar.
Something like:
https://ost.asbbank.co.nz/<bunchOfNumbers>/quotesummary/index/nzx/zel

Quote:

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Originally Posted by baller18

It keeps coming up with bonds for asb and not ordinary shares...

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I don't think ASB got any of the pre issue action so looks like they're sulking ;o)

Quote:

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Originally Posted by BlackCross

I don't think ASB got any of the pre issue action so looks like they're sulking ;o)

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ASB always slow to update their search box for new listings. You have to force it :

Quote:

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Originally Posted by TimmyTP

Try substituting the exchange mnemonic from another stock in your address bar.
Something like:
https://ost.asbbank.co.nz/<bunchOfNumbers>/quotesummary/index/nzx/zel

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Opened at 3.73 with early trades (first few minutes) between 3.71 and 3.74

If you go to company announcements on ASB and look for ZEL and click on it then it will give you a quote.

The NZX website has a live updating value of the ZEL share. Just wondering, does ASB automatically update my portfolio or do I have to do it myself? I dont even know how many shares in Z energy I have right now....

Quote:

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Originally Posted by MrAT

The NZX website has a live updating value of the ZEL share. Just wondering, does ASB automatically update my portfolio or do I have to do it myself? I dont even know how many shares in Z energy I have right now....

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You are probably best to RTFM, ask ASB or go here for help with that.

Pleasantly surprised, and out at the auction.

to find out your allocation, go to link market services, follow prompts for a single stock, ZEL, your CSN and FIN, and all will be revealed

to add it to an ASB watchlist, click Add new stock, enter ZEL.

ASB will not update your portolio MrAT

Quote:

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Originally Posted by Xerof

Pleasantly surprised, and out at the auction.

to find out your allocation, go to link market services, follow prompts for a single stock, ZEL, your CSN and FIN, and all will be revealed

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Quote:

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Originally Posted by TimmyTP

You are probably best to RTFM, ask ASB or go here for help with that.

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Thanks guys, got it!

Wow.....25.6 mil shares traded already out of a total of ~240mil. 10%
Seems a high number....is this typical of IPO's ?

Quote:

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Originally Posted by RTM

Wow.....25.6 mil shares traded already out of a total of ~240mil. 10%
Seems a high number....is this typical of IPO's ?

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37 mill in nz and 10m in oz so far

Often up to 50% can get churned in the first week or so

Brokers just love IPOs eh ......kaching kaching or whatever noise a cash register makes

Quote:

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Originally Posted by CJ

Predict it will hit 3.88 before settling around 3.69 at close.

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Finished the first day at 3.66 (up 4.5%) with a high of 3.74 and low of 3.64. Not too far of the close I was expecting.

Quote:

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Originally Posted by CJ

Finished the first day at 3.66 (up 4.5%) with a high of 3.74 and low of 3.64. Not too far of the close I was expecting.

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Doing well today. Opened above close and has been climbing.

I hope those morningstar investors are poised for when the price does settle ;)

Quote:

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Originally Posted by CJ

Doing well today. Opened above close and has been climbing.

I hope those morningstar investors are poised for when the price does settle ;)

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378/379 , there was a big line for sale at $3.75 but as soon as those got swallowed up the shares have been off to the races. Another great IPO to follow Synlait Milk. I got $15,000 worth from ForBarr ( 4,285 shares ). Was tempted to stag pretty quickly but am holding as I think this could get to $4 by the end of the year , especially if interest rates back off a bit after the recent spike.

Ditto here ,holding. Thanks to Craigs i got all i wanted in Z and a few Synlait. Feels like money in the bank with the div a great quasi int rate.

Doing well today on no news???

What is the chance it will be added to the NZX50 this month - it should rank higher than 25th???

In this you might to an understanding as to why Shell sold out. But by all accounts Z has done a wonderful job of rebranding it.

http://www.youtube.com/watch?v=8j4Tyy5nsQ8

Tricha that youtube video is quite outdated being from 2009. The fuel industry is changing.
With new technology Fuel Exploration is able to go deeper/use different methods and ultimately drill for oil in places they couldn't in 2009. The refining process has also got more efficient. Ethanol fuel has also came a far way. Oil is definitely decreasing but not on a scale as large as shown in the video.

Shell sold out as it is focusing on off shore exploration where there is a lot more money to be made as well as a lot of risk.

Quote:

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Originally Posted by Wolf

Tricha that youtube video is quite outdated being from 2009. The fuel industry is changing.
With new technology Fuel Exploration is able to go deeper/use different methods and ultimately drill for oil in places they couldn't in 2009. The refining process has also got more efficient. Ethanol fuel has also came a far way. Oil is definitely decreasing but not on a scale as large as shown in the video.

Shell sold out as it is focusing on off shore exploration where there is a lot more money to be made as well as a lot of risk.

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Wolf

Shell are very aware of the situation. Would you sell a company that is a key part of your distribution chain, unless.????

Anyway this one is 2011 and Shell is mentioned again. Here it is quite clear that all is not WELL.
It is presented by very knowledgeable people. It also shows the IEA as being completely incompetent.
You can read into this what you like, unfortunately as you know human nature doesn't like change.
Change is about to be unleashed, ready or not.



http://www.youtube.com/watch?v=RaNz3qS5WAo

This morning Goldman Sachs came out of their research blackout on Z Energy and initiated coverage with a BUY rating and a 12-month price target of NZ$4.35.