@getty - Here is the article on stuff https://www.stuff.co.nz/motoring/122...hit-kiwi-roads
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@getty - Here is the article on stuff https://www.stuff.co.nz/motoring/122...hit-kiwi-roads
Thanks K14, and before I logged on managed to see a transcript on RNZ website of what I thought I heard.
The newsreader who I think was Giles Beckford read out "20 hydrogen" trucks, and it sounded to me like 20 thousand trucks.
The real story which can be seen on their website, Is 1500 trucks by 2026, which is way more realistic.
One of the good things about ST, is that misinformation, accidental or otherwise, can be subject to scrutiny, and corrected.
1500 heavy trucks is still a significant loss to diesel vendors, and as I have already alluded, there will be a flow on of cars.
Dr JPG
Bring your car in for an AUTOpsy.
There are other stories on this subject, for those that are interested, on Business Desk, pay walled.
There is a certain irony that the introduction of Hydrogen Trucks is being driven out of Taranaki, NZ's petrochemical centre, and the early adopter is TIL group, who are major diesel and petrol transport distibutors in NZ.
A case of biting the hand that feeds you?
First-half FY21 guidance confirmed
Notwithstanding the impacts of the recent lockdown, Z confirms its guidance for 1HFY21 of
$85-100m RC EBITDAF. The cost out program remains on track, Nelson terminal has fully
transitioned to terminal gate pricing, and recent investments in CX are yielding incremental
volume increases.
They're still showing a big reduction in Jet fuel and marine still as expected.. But seem to be on the right track cost cutting on staff and veering away from the service you would get at Z in the past. If only the SP held up the same way as Air NZ has done.
Still has a lot of support at $2.6ish. Can't seem to budge
Morningstar have a val on this of 6.35 (early July) how is this so removed from what the market thinks
Maybe around 45% insto ownership here and increasing imo
Believe trans tasman flights will happen by Christmas should boost SP
"70,000 seats sold in six hours after rules relaxed"............ Positive news for Jet fuel I suppose
https://www.rnz.co.nz/news/business/...-rules-relaxed
Z just sent me a mass e-mail for a survey/voucher scheme with an absolutely enormous amount of e-mail addresses and names attached to all and sundry via the "To" field instead of "BCC". Absolutely unacceptable and incredibly stupid. Already sending some complaints out. Moose.
Those cheap shares of $2.80 odd at the SPP not looking too cheap these days.
Also feel sorry for many who were seduced by the awesome divies a year or so ago ...never get their capital now
Long way down from nearly 9 bucks ....wonder when the down trend will stop ...maybe 2 bucks? ....maybe never?