the price break back above 2.65 and into the channel invalidated the pattern ( this happens as patterns are not 100% full prove ) so i assume we are back in the large trading range at the lows. i stick with my div trap thinking though.
Interesting statement there, top of range $3.40 less current 2.89 is 51 cents or 17.6 percent ... translation: TIME TO BUY
Food for thought.
Is the dividend sustainable ?
What is ZEL's track record like with previous dividend forecasts ?
How fast is the tide going out with the switch to EV's ?
How fast are the minnows continuing to erode ZEL's market share ?
Is swimming in what appears to be a steadily outgoing tide worth the risk ?
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
$2.80 is way too cheap for a company that forecast at least 20c dividend
Am not too worried about sp dropping on ex div day. have made 113k profit so far this financial year and would like to start my LTDS ( Loss To Div Swap) process to get my profit down for tax reasons. There must be plenty of sellers, because every time I buy more somebody keeps putting more to sell at $2.81c.
Food for thought.
Is the dividend sustainable ?
What is ZEL's track record like with previous dividend forecasts ?
How fast is the tide going out with the switch to EV's ?
How fast are the minnows continuing to erode ZEL's market share ?
Is swimming in what appears to be a steadily outgoing tide worth the risk ?
The NZ Govt's new Kiwi Saver provisions exclude Kiwi Saver funds investing in carbon/petroleum industry..... I guess that means Z. GLH.
The NZ Govt's new Kiwi Saver provisions exclude Kiwi Saver funds investing in carbon/petroleum industry..... I guess that means Z. GLH.
Currently all the money is sitting in conservative funds , would a conservative fund have something like ZEL in it , I doubt it, so shouldn't be selling pressure coming from
that direction. It obviously precludes the new providers from investing in them for their New "balanced" funds.
Had to drop into Z last week at Bombay while heading south. Got a top up of petrol and was very impressed with the clean toilets and the food presentation, and can now understand why lots of customers were eating pies as I was about to leave. Just couldn't resist, so went back in and bought one, it was a good pie, plenty of filling delicious, and it felt good being a customer in a company you are part owner of
The NZ Govt's new Kiwi Saver provisions exclude Kiwi Saver funds investing in carbon/petroleum industry..... I guess that means Z. GLH.
If $50 cash flew out of the ZEL till and landed on the footpath... would those whose virtues tell them to avoid petroleum investments, pick it up and pocket the money
If $50 cash flew out of the ZEL till and landed on the footpath... would those whose virtues tell them to avoid petroleum investments, pick it up and pocket the money
I imagine NZG ministers drive cars and fly in aeroplanes made of recycled paper and powered by flux capacitors and would happily add the treasure trove to treasury coffers
Originally Posted by bull....
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