Napier Port IPO

[Lewylewylewy]

Govt stats today show log prices down about 8% if i remember correctly

[winner69]

Govt stats today show log prices down about 8% if i remember correctly

...but export volumes are still pretty good

[Lewylewylewy]

I recall talking to the owner of a loading company working at the pot after the gfc. He was saying that business went well during the gfc because demand actually picked up due to low prices. Not expected. However, this time the price is reportedly surpressed due to lower demand.

... but hey, who knows. Always worth holding good companies, especially when they're important infrastructure backed by invested government.

[bull....]

hitting new highs again , probably on the back of improving log prices

[dreamcatcher]

hitting new highs again , probably on the back of improving log prices

And may it continue onwards through 2020

[percy]

hitting new highs again , probably on the back of improving log prices

Enjoying the ride.
Thought they may settle around $3.00,so am pleasantly surprised.

[kiora]

The wharves are super chocca with logs ATM

[bull....]

The wharves are super chocca with logs ATM

yep theres still a wave of logs to come . and i dont believe the russian rail line to china will have much impact on nz exports

[percy]

Meeting speeches/presentations read well.
A big year and a sense of excitement for the future.

[whatsup]

Great company and the best IPO for a long time, well done all holders.