Well, things are starting to look a little better and apart from all the financials etc I think Z needs to sack it's advertising agency. Most of their stations look aesthetically pleasing and some are quite inviting but their current TV ads with a geriatric biker and a couple of tradies doesn't spin my wheels at all. Bennetts has been there since 2010... Time for a change.
As I've mentioned before TV ads with bustling forecourts has far more appeal if they want to connect better to customers.
I've held since 2013 and topped up in 2018 & 2019. I'm down about 3K but up 7K in their bonds and pride makes me hold waiting for the magic to re-appear. I don't think it will happen with Bennetts or their current advertising agency. I must admit their website is great.
A quote attributed to Margaret Thatcher goes along the lines of "The problem with socialism is that eventually you run out of other people's money."
Well, things are starting to look a little better and apart from all the financials etc I think Z needs to sack it's advertising agency. Most of their stations look aesthetically pleasing and some are quite inviting but their current TV ads with a geriatric biker and a couple of tradies doesn't spin my wheels at all. Bennetts has been there since 2010... Time for a change.
As I've mentioned before TV ads with bustling forecourts has far more appeal if they want to connect better to customers.
I've held since 2013 and topped up in 2018 & 2019. I'm down about 3K but up 7K in their bonds and pride makes me hold waiting for the magic to re-appear. I don't think it will happen with Bennetts or their current advertising agency. I must admit their website is great.
Add doesn't grab me either. Looking forward to the $5.00 plus as valued by Morningstar, but not holding my breath on that.
The SP does deserve to be $3.50 ish though. I have a feeling it will reach that over next month or so.
price respected the 2.65 resistance and has headed lower .. pattern still in play until otherwise proved wrong
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.
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