sharetrader
Page 83 of 277 FirstFirst ... 337379808182838485868793133183 ... LastLast
Results 821 to 830 of 2763

Thread: ZEL - Z Energy.

  1. #821
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Freaked out at 91 at the Z pump in welly $2.45 litre or thereabouts.Filled up instead in levin at about $2.04!!

  2. #822
    Legend peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    6,435

    Default

    Quote Originally Posted by Joshuatree View Post
    Freaked out at 91 at the Z pump in welly $2.45 litre or thereabouts.Filled up instead in levin at about $2.04!!
    thats a fair way to go even for 41c/litre
    Last edited by peat; 01-05-2019 at 01:52 PM. Reason: added ‘even’
    For clarity, nothing I say is advice....

  3. #823
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,502

    Default

    Quote Originally Posted by Joshuatree View Post
    Freaked out at 91 at the Z pump in welly $2.45 litre or thereabouts.Filled up instead in levin at about $2.04!!
    Dont forget - you can get a whopping 6 cents off with your airports card at all Z stations. (Try the Gaspy app for prices near you)

  4. #824
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    Quote Originally Posted by minimoke View Post
    Market seems to think so - down 1.3% today to $6.25
    i was re reading there market update end last yr where they said the fall in oil helped them re coup some of the loss previous 6mths , now i was thinking they said brent over $70 was a problem. it went over $70 just recently so it affect margins now i guess. so profit warning in results or honky dory going forward?
    one step ahead of the herd

  5. #825
    IMO
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    9,696

    Default

    Quote Originally Posted by peat View Post
    thats a fair way to go even for 41c/litre
    I was heading back north after visiting Welly.Highlight, had a great half day around the bays and southern coast from Oriental bay to Red Rocks with walks ,cafes(2) and an aquarium in between on a sunny windy welly day.

  6. #826
    Aspiring to be an Awesome Bear
    Join Date
    May 2016
    Location
    In the Woods
    Posts
    1,588

    Default

    Quote Originally Posted by minimoke View Post
    Market seems to think so - down 1.3% today to $6.25
    I fear some of Winners bowling mates have bought some buggar

  7. #827
    Junior Member
    Join Date
    Mar 2019
    Posts
    5

    Default

    Quote Originally Posted by Beagle View Post
    30 cents final fully imputed with an ex date late next month...you read it from me first
    50-55 cps fully imputed for FY20, Gross yield approx. 11.7% for a company selling a consumer staple.
    Nice call Beagle, very accurate!

  8. #828
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default Owning for yield.

    Thanks. First impressions are of a solid result for the second half and obviously the dividend was just slightly above my expectations at 30.5 cps.
    Outlook for FY20 is for EBITDA growth and full year dividend forecast of 48 - 54 cps which again is pretty close to my expectations.
    Looking ahead to prospective yield for a new investor buying today and looking through the immediate dividend to ascertain FY20 effective yield - At the mid point (51 cps) fully imputed gives gross 51 / 0.72 = 70.83 cps which gives a gross yield of 70.83 / 590.5 = 12% on a theoretical ex divvy price of $5.90.5 ($6.21 - .305).

    12% return for a consumer item nearly 100% of people and business's have to buy seems compelling to me in this ultra low interest rate environment.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  9. #829
    Member
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    382

    Default

    Is the 2020 dividend fully imputed?

    Edit - nevermind just saw Beagles post.
    Last edited by Longhaul; 02-05-2019 at 08:25 AM.

  10. #830
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    10,993

    Default

    result just as we alluded too yesterday, margin pressure

    Z has delivered Historical Cost Net Profit after Tax (HC NPAT) of $186 million, a decrease of$77 million from the prior corresponding period (PCP). The 29% decline reflects crude pricemovements in FY19, steadily rising in the first half then falling steeply during the third quarterto end the year largely flat.

    So based on this the current period has seen oil rise steadily again so im presuming its bad for them based on the above comments
    one step ahead of the herd

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •