ZEL - Z Energy.

[Comyn]

I find Mike Benetts CEO constantly talking how he doesnt want petrol to be sold. He wants to transform to carbon free NZ. He would of rather be in the digital business as he deems it more progressive. Having the leader talking like that about Z energy didnt install me with confidence to stay invested.

[bull....]

Time for a rally, has lagged the market, probably oversold?

still way oversold on the rsi mthly and without a doubt has not had a bounce like some others eg air , thl etc.

im thinking even at some stage if they only paid even a 20c div per year thats still be 8% odd gross yield at current prices , wow if they some how got back to 40 - 50c divs if things in the world normalise that be nearly 18 - 20% gross div per year lol steal of the century if it happened if if i say at this stage

[dibble]

wow if they some how got back to 40 - 50c divs if things in the world normalise that be nearly 18 - 20% gross div per year lol steal of the century if it happened if if i say at this stage

If, if, dont forget IF they ever achieve a similar free cash flow to the good ol' days there are an extra 350m worth of shares to distribute it across.

[bull....]

If, if, dont forget IF they ever achieve a similar free cash flow to the good ol' days there are an extra 350m worth of shares to distribute it across.

thats true even at 20cps / yr as mentioned thats a pretty impressive yield

[sb9]

I'm picking they will announce a token divvy of at least 8c-10c when they report in couple of weeks time. Balance sheet/cash flow should be able to allow that outlay on 520mln outstanding shares. Pure hunch on my part based their recent monthly fuel volume updates, DYOR.

[bull....]

I'm picking they will announce a token divvy of at least 8c-10c when they report in couple of weeks time. Balance sheet/cash flow should be able to allow that outlay on 520mln outstanding shares. Pure hunch on my part based their recent monthly fuel volume updates, DYOR.

possibly but even if not then probably one after i reckon. seems wont be long to it breaks over $3. i see the swing higher stalled last time of the covid lows was 3.50 so maybe we test that again?

[sb9]

possibly but even if not then probably one after i reckon. seems wont be long to it breaks over $3. i see the swing higher stalled last time of the covid lows was 3.50 so maybe we test that again?

Broke through $3 mark as we speak, momentum trading could see it push close to that 3.50 mark close to results date...

[Beagle]

I think a lot of you folks seem to have forgotten that under the terms of their agreement with the banks they are precluded from paying a dividend until at earliest October 2021. Even then they have a truly shocking track record with their dividends so any attempt to value this based on yield is completely invalid in my opinion. DYOR - I have warned enough about this mutt. Very deep systemic issues remain.
This is off my watch list and now on my no further comment list. Some companies are simply not worth my time and this is one of them.

[bull....]

I think a lot of you folks seem to have forgotten that under the terms of their agreement with the banks they are precluded from paying a dividend until at earliest October 2021. Even then they have a truly shocking track record with their dividends so any attempt to value this based on yield is completely invalid in my opinion. DYOR - I have warned enough about this mutt. Very deep systemic issues remain.
This is off my watch list and now on my no further comment list. Some companies are simply not worth my time and this is one of them.

i can wait to end of next yr for gross yield of 10 - 20% dividends yummy yummy even moaningstar have buy rating saying over 50% undervalued at current prices 50% unbelievable value

[bottomfeeder]

B Hath never pays dividends. Its profit that counts. Conservatively I see at least $3.50 by years end.