buy the troughs sell the tops seems to work well with this at the moment
Printable View
ZEL putting a positive spin on the future of EV.
House View 02: Future Moves
sitting right at the bottom of our trading range now , havnt decided yet weather i play the range again looks a bit iffy this time
Been eyeing it up as well. $6.90 is lower than usual though and it's been sitting here for a while now. Does make me a bit nervous that there is something I don't know about. Then again, the market in general has been quite stale. Report coming up early April with div in May. Is there anything that could push this one even lower?
SP hovering below $7 for some time now. What are peoples thoughts, the potential govt intervention weighing over this SP too much?
nice result and it managed to get back in its range , wonder if we have the gas to get back to 8 again
powered on the gas yesterday back to the middle of the range again
Probably not the best timing for a profit result, given petrol company profit debates and current govt excitement in having BP in their crosshairs. Just wish they'd have a looking at the grocery market instead....
Agree with you both. Judith Colins used to trot out the same spin regularly. And the supermkt duopoly has had this situ for a long time.I remember when they (and prob still do)put agriculture producers against each other , at times forcing providers to sell at below cost to get a bit of cashflow. now the ever increasing house brands are another unhealthy shift in power pricing imo.
https://www.nbr.co.nz/article/energy...rrel-ng-215385
Could there be an upswing on this news?
After the solid result, some decent volumes coming through in the past week or so. SP happily regained the 22c div today after shedding ex yesterday. Looking ahead, estimated 50-55 cps div across next FY, this is really increasing the attractiveness of the div yield.. Insto's increasing stake as these up as part of their Div funds...
Same store growth, commercial and aviation looks to continue short term growth trajectory. Notwithsanding the reporting views and public debate, it does appear that the retail sector is becoming more competitive through increased footprints of Gull and other smaller localised regional stations.. I am sure there was a stat around 60 stations new throughout NZ..ad that the big 4 distributed 90% of retail fuel, now this is something like 79%.
Happy to hold. Figure it'll average near this mark, might get back up towards that $8 resistance point, then might reconsider.
certainly good buying if you took the risk just under 7 that it would bounce back in the range , up 50c +div
Mark Lister (@MarkListerNZ)
18/07/18, 8:48 AM
One of the first earnings downgraded ahead of the August reporting season out this am. Z Energy revises EBITDAF guidance down 6-7%, on the back of supply chain disruptions and high petrol prices.
caught out by volitilty in oil price 10% down 10% up now 10% down from highs, dont see them cutting petrol prices at the pump till they make it back lol
there are some good reasons why profit is down esp having to buy spot product but I cant help but also see this as a way to fend off further inquiries/criticism.
Wouldn't be a good time politically to be making huge increases in profit
I know I've stopped using Z since Countdowns OneCard went over to 6c/litre discount at BP. (irrelevant personal anecdote)
Part of Z's "What is Next" strategy
Z Energy's $46m power play for Flick Electric The fuel company is diversifying into electricity as it faces a ''low carbon future''.
I did end up buying 2400 shares of Z at $7.09 - I calculated that the dividend will pay for my scooter petrol over a year. I could have just banked the money and paid for my fuel out of that but that's not as much fun. I also have NZ Refining as well. Oil still has a huge future and with ICE innovations like Mazda's skyactivx, the internal combustion engine will still be dominant for the next 30 years at least. To celebrate my purchase I went to Z and filled up my Yamaha 150, it cost me around $16. I get around 35 km/l. I love that bike. I also bought two milky bars for $3.50.
https://www.stuff.co.nz/motoring/roa...ctric-vehicles
$46m for Flick, is that a good price? I don't know. Flick hasn't managed to grow their customer base much at all over the last 18 months from what I can see.
I got it from the Electricity Authority's retail reports.
https://www.emi.ea.govt.nz/Retail/Re..._MST_C?_si=v|3
By the end of May 2017 Flick had 23,320 customers. One of their closest competitors, Electric Kiwi (which got into business a year after Flick), had just 11,214 customers.
By the end of August 2018 Flick had 24,353 customers. Electric Kiwi has now got 28,241 customers.
Hmmm, I don't know. By the time EVs reach any significant number (let's say 10 per cent of the light vehicle fleet by 2040), 1000 km range EVs will be common place. So not a lot of EV owners will be pulling into Z service stations to get a quick charge.
PS EVs are 0.30% of the comparable light vehicle fleet now in NZ, so 10 per cent by 2040 might be pushing it. According to the Economist 2018 is the tipping point for EVs! *puts pinky finger in mouth* "Riiightttt".
https://www.youtube.com/watch?v=zGFb6CcG0DA
I guess you're right. It's like how BP markets itself as Beyond Petroleum. Sad! Oil, and the amazing amount of energy it unleashes, underpins our modern day prosperity.
Fortunately there's so much oil out there and we're almost 20 years away from peak oil demand! For the first time in human history oil demand reached 100m bbl a day recently :)
I regret selling my BP shares. If I had kept them; my tiny Z holding and my larger NZ Refining holding would have meant that every Boy Racer that screams past my house would have indirectly been enriching me (assuming they paid for the petrol and didn't use Gull or some other outfit).
Yes. My guess is that the NZ Govt will ban new ICE car sales from 2040 if Labour gets a second term. This is consistent with France and the UK. Germany and the Netherlands is 2030.
https://en.wikipedia.org/wiki/List_o..._fuel_vehicles
Of course, the average age of a car on NZ roads is 14. So it will be well past mid century before ICE cars disappear from our roads.
It will be just like the Jetsons!
https://www.youtube.com/watch?v=FyinD6ZDqeg
boycott petrol station day
https://www.nzherald.co.nz/business/...ectid=12137376
better watch out they might put the price up next day to make back the profit
strikes me as a bit like.........
Attachment 10023
So. Don't fill up on that day. But if you need fuel fill up the day before, or after...……..And that alters how much fuel (and profit) is used in that week, or month how?
Start sharing rides, most cars have only 1 person in them.An uber like app with a self regulating feedback rating system would solve many problems , traffic jams , costs, socialising(meet your local community) etc even if used a few times in a week.So obvious , people need to get over themselves and share a little and save time money and pollution until EV's drop in price. An Uber like app with GPS shows you exactly how close other rides or people wanting rides are so you pick the one that suits.