z being doing nice, reckon margins are very juicy at the moment with dollar up and oil down heaps but petrol prices not falling - nice juicy profits at the moment
another fall in oil and rise in dollar looking good margins possibly best ever now I reckon, oil down 10%, nz dollar up 5% last 30 days of course the assumption is not based on all variables but 2 very important ones
Judith Collins saying petrol report due out end of the month.
I'm thinking there say margins appear a little large ( As sometimes thinking of why petrol prices havnt fallen at the pump recently maybe they are waiting for the report and then can say ok look we have dropped them now 5c are you happy )
gull is providing good competition in the market everything is honky dory anyway cant see them saying to much as there tax take will decline.
Judith Collins saying petrol report due out end of the month.
I'm thinking there say margins appear a little large ( As sometimes thinking of why petrol prices havnt fallen at the pump recently maybe they are waiting for the report and then can say ok look we have dropped them now 5c are you happy )
gull is providing good competition in the market everything is honky dory anyway cant see them saying to much as there tax take will decline.
There's been a couple of downward adjustments in the last few days, around Wellington , at least. Probably reflecting the weakness in the POO - but also good timing at this stage of the inquiry.
There's been a couple of downward adjustments in the last few days, around Wellington , at least. Probably reflecting the weakness in the POO - but also good timing at this stage of the inquiry.
don't think theres been any adjustment in price of petrol where I live.
Anyway price of oil continues to fall down 20% now
but seemingly it is obsolescent on day of publications , according to Z it uses no data from the last 18 months.
but yes Z is a sell at these levels in my humble opinion.
Business model is dying..... see electric cars thread ;+)
Didn't really seem like MBIE said that much despite not reading the full report. The recommendations weren't anything major, aside from further discussion and investigation. Anyone else pick up something different from me?
Pretty clear they are not happy. Report is worded in sauch a way as to imply the matter is actionable. Regulatory risk would be a concern if I were a Z shareholder scalping retail motorists.
Pretty decent sized bone for the Commerce Commission to chew on.
Last edited by Beagle; 04-07-2017 at 11:05 AM.
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Originally Posted by bull....
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