ZEL - Z Energy.

[dreamcatcher]

Looks like a done deal.

"Show me the money"

[ananda77]

what about the share price not reacting...looks to me still in the balance

[Balance]

Hedgies don't lurk here.

All a question of what dividends ZEL directors can now extract out of Ampol in addition to the $3.78 takeover price imo.

High fuel price would be increasing margins and profits, and ZEL is a once in a lifetime opportunity for Ampol to increase its EPS at a knockdown price.

[nztx]

Is it too late for us to whip Ampol's Egg for them and show them what proper under-arm bowling looks like ?

Either they want to buy or not .. at the right money

I see a Yankie chain in the news recently (just 4 outlets here) looking at big expansion coming up in NZ

Don't discount a spoiler bidder coming in to join the party I reckon, and it won't be a Cr*ppy fly blown 3.78
the cobbers over yonder have dug up either

[bottomfeeder]

Looks like a done deal.

Probably some switched on trader who wants to sell the company name for thousands. I got a little excited there for a moment.

[nztx]

Probably some switched on trader who wants to sell the company name for thousands. I got a little excited there for a moment.

Think they missed registering Domain name ampol.nz

but Caltex in the scorched fly-blown land over the way got the .co.nz name registered up in May 2019 anyway

[Benny1]

Is it too late for us to whip Ampol's Egg for them and show them what proper under-arm bowling looks like ?

Either they want to buy or not .. at the right money

I see a Yankie chain in the news recently (just 4 outlets here) looking at big expansion coming up in NZ

Don't discount a spoiler bidder coming in to join the party I reckon, and it won't be a Cr*ppy fly blown 3.78
the cobbers over yonder have dug up either

That Circle K chain you are referring to ( well the local franchise of it anyway) came in all guns blazing with lofty predictions way back in 2018...and so far have grown to a massive four sites.. .don't think many will be quivering in their boots with that growth rate...

[kiora]

Really Benny, why not ?
Seems like a match made in .......
https://www.nzherald.co.nz/business/...TMN7LAPPGOYQU/

[Balance]

Really Benny, why not ?
Seems like a match made in .......
https://www.nzherald.co.nz/business/...TMN7LAPPGOYQU/

Interesting as parent company has a market cap of NZ$51 billion.

ZEL, now that it is in the market (so to speak), would be a nice bite size for them (call it $4 billion or less than 10% of their market cap) to acquire and fast track their rollout in NZ with one fell swoop.

Would say Ampol would be aware they have competition.

[Balance]

That Circle K chain you are referring to ( well the local franchise of it anyway) came in all guns blazing with lofty predictions way back in 2018...and so far have grown to a massive four sites.. .don't think many will be quivering in their boots with that growth rate...

https://www.stuff.co.nz/business/108723359/circle-k-joins-the-convenience-store-competition-in-auckland

First store in Nov 2018 and then, lockdown March 2020.

I would not read too much into just 4 sites at this stage as they are most probably to trial their offering to NZers, and there have been massive interruptions & disruptions to business activities since beginning of 2020 due to the pandemic.