ZEL - Z Energy.

[sanctus671]

any reason for the latest surge?

[JeremyALD]

any reason for the latest surge?

Very strange. Broker upgrades and people realising the half result was actually pretty good I guess.

[bull....]

any reason for the latest surge?

not surprising action it has been trading in a range of between $7 -$8 for the last 2 years , smart cookies were buying at 7 and if lucky selling at 8

[bull....]

still waiting for 8 lol its in the middle , petrol margins are fantastic? best ever i reckon

[bull....]

tounched our $8 today up a buck from the bottom so far , lets see if it goes this time

[Joshuatree]

I reckon the Santa and his helpers rally ,timing to take it over the top.

[bull....]

I reckon the Santa and his helpers rally ,timing to take it over the top.

looked good yesterday a , but no cigar again, beaten down from 8 again

[theace]

Dip due to the earning downgrade .... have been thinking about getting into it ... wonder ~$7.50ish is good enough. Toughts?

[Beagle]

Not a company I follow so not prepared to opine in detail but I just want to say that I think in the long run the rate of uptake of electric vehicles might surprise many on here and some of the fuel companies too. An industry in long term systemic decline ?, you be the judge.

[hamish]

It seems to cycle between circa late $6 and $8ish
- with positive sentiment driven by their scale (now with Caltex integrated) in NZ, growing jet fuel product consumption and value services, and changes to dividend Policy (greater payout probability)
- negative sentiment driven by the concerns re 'national' pricing, ongoing Govt potential intervention (SP sneezes when Govt make announcements), EV impacts, competition

They do have their eyes ahead to the future and EV impacts (their JV/investment in WLG on Mevo for example). They do come across as a forward looking Org vs stagnant or head in sand (like SKT, WHS). Personally, I rate their CEO.

We bought an EV, so it sometimes feels weird to be a Z shareholder. We use their charge stations, so I have an interest in how they adapt their business model over time to this technology shift

Disc: I have been buying in on dips and selling out on these peaks