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Thread: ZEL - Z Energy.

  1. #1381
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    Quote Originally Posted by clearasmud View Post
    Gold Coast Qld was $1.34 earlier this week but about $1.54 last week.

    When Shell was around we only paid something like Ausi price plus 10c/Liter.

    Somethings gone wrong.
    Sure has its called MMP which equals More Morons in Parliament.

  2. #1382
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    Something has gone wrong clearasmud.
    I have a cousin in Aussie and the price use to be about 20 cents different apart from the exchange rate, however this from Mr/Mrs/ms Google this morning
    "As of this morning in Sydney, the cheapest petrol is $1.24 a litre, with the highest at $1.74. In Melbourne, the cheapest is $1.27 and the most expensive also $1.74. And in Brisbane, the cheapest is $1.27 and the priciest $1.76.Nov 19, 2019"
    Even the highest price is a lot less than ours after the exchange rate!

  3. #1383
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    Something has gone wrong clearasmud.
    It wouldn't be a difference in tax rates, would it?


  4. #1384
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    Quote Originally Posted by couta1 View Post
    Sure has its called MMP which equals More Morons in Parliament.
    Surely MMP is better than the previous system. 1981 saw the the socialist National Party headed by Muldoon with a majority of seats in Parliament despite only getting 39% of the vote. Previous election in 1978, saw the National Party get 40% of the vote and a majority of seats. In both elections more people actually voted for Labour candidates.

    How much competition in fuel supply can an isolated small disperse market such as NZ actually support?
    Last edited by Bjauck; 09-12-2019 at 09:48 AM.

  5. #1385
    Speedy Az winner69's Avatar
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    This is one HUGE EARNINGS DOWNGRADE ......along with a likely 20% cut in expected dividend

    http://nzx-prod-s7fsd7f98s.s3-websit...952/313959.pdf


    Bit if a sad story ......but once again hope of a better ‘rest of year’ has not turned into reality

    But reading between the lines i’d say there is a lot of hope that post December things are going to get much better ...so they can meet this latest guidance
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #1386
    Speedy Az winner69's Avatar
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    Beagle told us this was going to happen ...betcha even he is surprised as to how soon after the last announcement just a few weeks ago,
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1387
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    This is one HUGE EARNINGS DOWNGRADE ......along with a likely 20% cut in expected dividend

    http://nzx-prod-s7fsd7f98s.s3-websit...952/313959.pdf


    Bit if a sad story ......but once again hope of a better ‘rest of year’ has not turned into reality

    But reading between the lines i’d say there is a lot of hope that post December things are going to get much better ...so they can meet this latest guidance
    They say if they reduce the dividend, than sell. But this is probably as good a signal as the cross of death, it just means one should have sold a long time ago.

    Feeling for the holders - but expect volumes and margins long term to keep sliding.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  8. #1388
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    Good old Beagle..has a magic nose that can even sniff a black truffle in the forest....

  9. #1389
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    Losing a prime wellington spot here, this is always pretty busy .
    https://www.stuff.co.nz/business/118...-in-wellington

  10. #1390
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    Heading for $4.50 as a few of us thought it would.

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