Ports of Tauranga

[Patient Panda]

https://www.stuff.co.nz/business/ind...anakis-profits

Another boomer of a result.

Bit weird I can’t see the corresponding announcement on the NZX website.

“Return on shareholders' funds up 5.3 per cent to 5.9 per cent.”

surely this is a typo?? Seems far too low.

[Lawstudent05]

Is Port Taranaki listed on the NZX? Does another relevant company on NZX own part of Port Taranaki?

[percy]

Is Port Taranaki listed on the NZX? Does another relevant company on NZX own part of Port Taranaki?

To the best of my knowledge,no.

[777]

Is Port Taranaki listed on the NZX? Does another relevant company on NZX own part of Port Taranaki?

www.porttaranaki.co.nz
Port Taranaki is a port complex located in New Plymouth, New Zealand. It is the only deep water port on the west coast of New Zealand, and is owned by the Taranaki Regional Council. The port handles a wide range of coastal and international cargoes, mostly relating to the farming, engineering and petrochemical industries. Shipping volumes decreased significantly over the period 2012 to 2015.

[percy]

Well eps increased from 13.03 cps to 14 cps, bringing the PE ratio down from 36.53 to 34.

[horus1]

A very well run company. Always overpriced and always worth buying

[Lawstudent05]

Seems to be good reading, however my financial acumen is not the sharpest, to me it looks pretty positive. Along with the div and special div it looks good.

https://www.nzx.com/announcements/322688

If someone has time - would love for them to explain why people believe the company is overpriced. I see Craigs has Target price from 2 months ago at $4.00

[percy]

Seems to be good reading, however my financial acumen is not the sharpest, to me it looks pretty positive. Along with the div and special div it looks good.

https://www.nzx.com/announcements/322688

If someone has time - would love for them to explain why people believe the company is overpriced. I see Craigs has Target price from 2 months ago at $4.00

Paying a PE of 34 for eps growth 7.44% may be a good place to start.

[Nasi Goreng]

Another outstanding result. I think it’s fairly priced, can’t compare this to most other companies with similar PE. They will likely be around in 100 years... half of the NZX50 may not be.

[percy]

Another outstanding result. I think it’s fairly priced, can’t compare this to most other companies with similar PE. They will likely be around in 100 years... half of the NZX50 may not be.

Pity I will be long dead.!