Ports of Tauranga

[QOH]

http://www.port-tauranga.co.nz/education-2/port-tours/

Just a heads up for any Tauranga people or shareholders interested in doing this tour.
My sister did it last year and said it was really interesting, tickets are still available. I’m looking forward to it.

[Filthy]

any reason why POT has jumped 30-cents in the last week on no news?

[Jay]

I'm not complaining as I bought some about that time, oversold maybe, could resistance at 5.20 though, will look to sell if does not break that

[Lawstudent05]

Hi All,

I'm scratching my head wondering where the sudden bounce in SP has come from with no news that I can see?

[Jay]

I thought some of it initially could have ben around the talk of moving Auckland's port and the flow on being more activity for P O T, just a thought but as per my comment above - not complaining as it seemed to have broken thru the 5.20 and this may well prove to be resistance now

[Nasi Goreng]

Quite often the reason is more buyers than sellers. I know that sounds too simple an explanation but if a fund has decided to load up with a few more POT, it can lift the price a few %. There are some very sound long term tailwinds behind POT and it should still be there in a 100 years so its expensive compared to some stocks but its a goodie.

[Lawstudent05]

Thanks guys, yes have been holding for over 1 year now and buying monthly on a small scale. Thanks

[Food4Thought]

A article about practices at Port of Tauranga and other Ports. https://www.stuff.co.nz/national/103...mide-than-ever

Not something that jumps to mind when I think about logging.

And another relevant article for DYOR

https://i.stuff.co.nz/national/10426...nned-years-ago

[Lawstudent05]

5c up today, no announcements I can see on the horizon. Any ideas anyone?

Not complaining though.

[Joshuatree]

Cant confirm but i made up a rumour that a mega container ship which had turned sideways and was blocking the narrow entrance between Mount Maunganui and Matakana island, was successfully ejected out to the open ocean.