A nice juicy big dividend of 14 cps fully imputed totalling 19.4cps credited yesterday by the ZEL team, payable beginning June. Thank you Thank you team.
A nice juicy big dividend of 14 cps fully imputed totalling 19.4cps credited yesterday by the ZEL team, payable beginning June. Thank you Thank you team.
That it is too and looking forward doesn't look too bad either around 23.0 cps - wasn't it ?
if that's likely then ZEL has to be good buying value
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 ?
Forgot...should have also asked...When is a dividend not really a dividend ?
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
hard to know if it is good news or not ... depends what price they are paying. NZR are making chunky investment
Had a wee look at the NZR announcement. So opaque and very hard to get excited when they're ostensibly trashing the last major lot of capex investment only very recently undertaken.
As for ZEL, its hard to get excited when you know Gull are direct importing refined fuel from some of the largest and most efficient refineries in the world and ZEL are stuck paying processing fees for an outdated and probably relatively less efficient refiner that's now been reduced to a logistics operator. None of this gives off the smell of a good feed to this dog, (get nauseous just thinking about investing in their smelly old industry). Avoid the whole sunset sector is what I'm doing.
Last edited by Beagle; 25-05-2021 at 03:20 PM.
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
Had a wee look at the NZR announcement. So opaque and very hard to get excited when they're ostensibly trashing the last major lot of capex investment only very recently undertaken.
As for ZEL, its hard to get excited when you know Gull are direct importing refined fuel from some of the largest and most efficient refineries in the world and ZEL are stuck paying processing fees for an outdated and probably relatively less efficient refiner that's now been reduced to a logistics operator. None of this gives off the smell of a good feed to this dog, (get nauseous just thinking about investing in their smelly old industry). Avoid the whole sunset sector is what I'm doing.
No doubt a lot of investors are thinking the same as you are. Thats why the SP is down and the divie is good. There was a time an investment in Philip Morris was good for the same reason.
No doubt a lot of investors are thinking the same as you are. Thats why the SP is down and the divie is good. There was a time an investment in Philip Morris was good for the same reason.
One might like to have a good think about the questions posed in post #2095 before investing for any yield ZEL forecasts. I've said enough, if some people think this is a winner, good luck to them.
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
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Originally Posted by Habits
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