With the agreement with ZEL somewhat sorted, I'm beginning to wonder if ZEL might be looking to take a more active role here with imported refined. They're the biggest player here and it would seem to make quite a lot of sense long term.
Like most holders I'm well and truly down the drain on this but I'm not going to bail when there's hope on the horizon. As a rule I love anything you put petrol in but AIR, ZEL & NZR have been the scourge of my modest portfolio.
GLTAH
Last edited by Waiuta; 27-05-2021 at 02:37 PM.
Reason: Spelling
A quote attributed to Margaret Thatcher goes along the lines of "The problem with socialism is that eventually you run out of other people's money."
Its a bit like atm if you didn't sell out near the top or on the way down ,you will have long term pain .But Biker must have bought in recently very brave decision and is doing well & others of course whom may say how well .
I think you will get something like even with nzr & air depending on just how even you need to get ,but personally the margins have gone imho for zel .
I do think zel are trying to branch out & diversify as they all are, or should be but that's another story .
NZR one stock I don’t really follow but was really surprised when I read that Forbar had raised its target price 104 and thought wow that can’t be true
Even more shocked when I saw what the share price actually is …didn’t know it had collapsed so much.
Might get interested
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Reply With Quote
Originally Posted by Nor
Bookmarks