Ports of Tauranga

[bohemian]

I am also going to sell some POT.NZ after a very long time. I will adding to my over weight holding of FPH.

[Marilyn Munroe]

Spent apporox half an hour this afternoon looking over the fence of POT's inland port at Rolleston. Here are my observations;

There were very few containers in the yard. Those that were there appeared to belong to a local container storage leasing company.

I observed no trucks arriving or departing. The reach-stacker never moved while I was watching nor any other equipment such as forklifts.

There were half a dozen empty container rail wagons in the siding. I saw no movements to load them.

Boop boop de do
Marilyn

[Jay]

Silly question maybe MM was there a ship in :-)

Could explain it!

[Marilyn Munroe]

Silly question maybe MM was there a ship in :-)

Could explain it!

I can't explain it.

After the way it was talked up I was supprised to see so little activity.

Boop boop de do
Mariyln

[Sideshow Bob]

A company talking up their operations!!

I suppose just just takes some time to get rolling. Timaru's container traffic would be pretty small currently??

[Snoopy]

I can't explain it.

After the way it was talked up I was surprised to see so little activity.

Perhaps the low activity at POT Rolleston just reflects the low point in the dairy season, because the cows have largely been dried off? IOW little product available for shipping at this time?

SNOOPY

[Sideshow Bob]

Indeed Snoopdog. Kotahi (majority owned by Fonterra) have a few percent ownership in POT and are focused on Maersk, so guess prefer to go through Timaru if it works.

[Xerof]

The inland port would begin operations "as soon as we can get some cargo," Cairns said.

from Stuff article 31 July 2015

i read another article that said early activity might focus around empty container storage??

[Nasi Goreng]

$20!!!

Loving this quiet boring company. Investors must be getting excited about bigger ships arriving after the dredging is completed later this year.

[mshierlaw]

Long time between drinks (posts) in this thread.

$20 ... will it hold?
What will future dividends look like after the major CAP EX's are completed?
How could I have possibly doubted my wife when she wanted to buy these 2 1/2 years ago?