ZEL - Z Energy.

[RRR]

I do hope regulators look into trading details/patterns in the last few weeks.

I also find it strange that Infratil boss continues to be a board member of ZEL. In my view he should leave!

[Jaa]

I also can't believe they would sell down before comcom publishes its decision on the Caltex acquisition. What do they know that the market doesn't?

[Harvey Specter]

I also find it strange that Infratil boss continues to be a board member of ZEL. In my view he should leave!

He's helped their value increase 4x since acquisition, why not keep him!

Having said that, I assume he will leave in an orderly fashion unlike Weldons AssH... exit from DIL.

[RRR]

He's helped their value increase 4x since acquisition, why not keep him!

Having said that, I assume he will leave in an orderly fashion unlike Weldons AssH... exit from DIL.

But IFT exited the business after making a huge profit - good on him and IFT. But their money is not at stake anymore and that is a huge difference! So, in principle he should actually announce his exit date and leave it to someone else who has .....

[kiora]

The timing of the float is regrettable..it's never a good idea floating during a down wave that looks like the death of the 6.5 year old ancient bull.

Crafty buggers setting the float price around $6.20 as that price and down to $6.10 will not cause any Technical breaks...Maybe I gave them too much credit.....the book build at $6.00 will trigger TA sell signals....

Mr Market is not stupid and this float action is viewed as not a great proposition and Mr Market has priced it below float price...At $5.80 this morning the great looking chart before the trading halt has suddenly broken down and firing of sell signals...The trend is still intact, breaking $5.60 would end the present bull tide....

....so I would apply the investing law .. don't buy near resistance levels, buy near support levels with tight stops..Buying on the $5.60 support would be hazardous to your financial health as it could gap down if broken ..beware



No , true..but it has...fallen to 5.79 but seems to be bottoming out for the time being..

I would apply the investing law .. don't buy near resistance levels, buy near support levels with tight stops.. Well well well $6.00 was meant to be the support floor and an attractive price level to buy into the float...however the plans of mice and men went astray and now the $6.00 is the the ceiling, a resistance point and so theoretically not an attractive price level to buy into the float...

Disc:....TA kicked me out of my final remaining share yesterday...All in Cash now (apart from the 2 dogs in my bottom draw kennel)

I cleaned out my dogs 3 weeks ago ,proceeds to TIL

[Joshuatree]

What re 128 million plus shares sold; $770 million worth.No new 5% holders announced atp.So Infratils 80 mill shares + NZSF's 38.9 mill shares=118.9 mill. Re another 9-10 million been dumped today as well. People/Instos selling out becoming risk averse to poss neg com/com decision....risk on in dodgy mkts. There will be some buyers really pissed off with there brokers/advisors and public relations soured atp.As well as the poss manipulation of s/p up, mentioned on here Im thinking com com will give the go ahead but ZEL may have to sell something/s; but I'm just surmising ;and holding my shares atp.

[Joshuatree]

ACC are a new 5% plus holder. Taken up some of NZ Super's dump maybe.Fine by me and a vote of confidence. ACC's track record has been excellent but I'm not up to date with the performance comparisons.

[biker]

Mr Market is not stupid and this float action is viewed as not a great proposition and Mr Market has priced it below float price...At $5.80 this morning the great looking chart before the trading halt has suddenly broken down and firing of sell signals...The trend is still intact, breaking $5.60 would end the present bull tide....

....so I would apply the investing law .. don't buy near resistance levels, buy near support levels with tight stops..Buying on the $5.60 support would be hazardous to your financial health as it could gap down if broken ..beware



I would apply the investing law .. don't buy near resistance levels, buy near support levels with tight stops.. Well well well $6.00 was meant to be the support floor and an attractive price level to buy into the float...however the plans of mice and men went astray and now the $6.00 is the the ceiling, a resistance point and so theoretically not an attractive price level to buy into the float...

Disc:....TA kicked me out of my final remaining share yesterday...All in Cash now (apart from the 2 dogs in my bottom draw kennel)

Well, not sure what all that means but the share price has returned very quickly to $6.70 and buying at 5.85 doesnt seem like a bad move, up over 14% regardless of TA.

[Joshuatree]

Well, not sure what all that means but the share price has returned very quickly to $6.35 and buying at 5.85 doesnt seem like a bad move, up over 8% regardless of TA.

Yeah sometimes TA just creates a big sticky tangle to trap one to be negative/ numb. Meanwhile I'm on my way to double bagger at this rate.
Craigs revised their 12 month target price up 22c to $6.81 back in Sep.. Currently $6.74 and rising; some super confident of a positive decision re takeover; hope they are right .

[Joshuatree]

Z Energy record profit forecast

Looking better better better biker. Now we await com com