Don't hold...but Zel is Jarden top outperform stock
not surprising that jarden have a strong buy on the stock its undervalued at the moment and when you get specific value investors enter the register it only confirms it , big time if you believe flying will start increasing as vaccines role out next year.
I'm seeing where i live at least 12c and sometimes up to 20c per litre difference between competitors and Z, all within a couple of km.
Good for shareholders I guess unless it starts to affect sales.
This could convert some customers from other companies, however:
1. The technology can be replicated by other companies (did they patent it?)
2. Z fuel prices can be similar or wildly different to other local fuel retailers. Locally I have seen anywhere from 3cpl to 14cpl differentials at any given moment.
3. Margins on fuel are much thinner than items sold in-store. One of the drivers behind the stackable discounts, it to ensure maximise customer interaction within the store, thereby tempting them to purchase higher margin items.
@stevebiddle
I don't think @zenergynz even try to be competitive with fuel now. 19 cpl more expensive than Pak n Save directly opposite them which is selling their fuel under a resale agreement.
And Z responds within an 1/2 hour (impressive in holiday mode?)
@zenergynz
While we always aim to give our customers a competitive price, our strategy is focused on excellent customer service and experience, community investment, and exploring sustainable solutions for our industry. I think we can offer you many things that our competitors can't ^EC
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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