Analysts reckon its worth a lot more. Guru Couta1 reckons its oversold as do I. Company insiders buying on market in the last two days as well.
Gross yield of 15.5% forecast for FY21. Last time I saw something that juicy in terms of yield was HLG when it was $2.70 ! If ZEL can start paying around 50 cps per annum or slightly more in due course it is highly likely we will see a significant recovery in the SP in my opinion.
Hard to understand why the market has whacked this down by around the same percentage as the profit decline as though the reasons for that decline are permanent, when quite clearly they're not. Opportunity knocks ?
Beagle ...you back the truck up to Plexure .....if prices like Serko it would be worth about $2.50 they say ...ten bagger from current price ...better than 15% pa return from Z
At the top of every bubble, everyone is convinced it's not yet a bubble.
Slow adopters here but you got there.
Fast pumping and spruiking adopters when on board though ehhh
Wanted my seat heavily discounted before jumping on board. Who doesn't like heavily discounted petrol
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
https://www.marketscreener.com/Z-ENE...015/consensus/ All those guru analysts on average reckon its worth $7.14.
Sell down does look overdone based on my own analysis I reached the same conclusion as another guru on here who used the seat of the pants theorem to arrive at the same answer.
Mrs Beagle wanted asked me over lunch what I've been up to today and I said I'd been busy buying Z Energy shares. Can't go wrong with consumer staples she replied. I don't normally listen to her comments on shares but I think she has a good point about it being a defensive consumer staple.
I curious on the reason that you don't normally listen to Mrs Beagles comments on shares?
LOL thankfully some modern highly efficient V6 engines are making similar power figures to what V8's were making a decade or so ago 2 liters is only for milk bottles
Originally Posted by McGinty
I curious on the reason that you don't normally listen to Mrs Beagles comments on shares?
Bought some more this morning. Can't help myself at the thought of a 15.5% yield....could probably run a couple of V12 engines for free now off the dividends lol
Last edited by Beagle; 07-11-2018 at 11:05 AM.
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
http://nzx-prod-s7fsd7f98s.s3-websit...464/290054.pdf
Yet another insider buying more on market. Follow the smart money, 3 insider notices in the last two days. Brokers all like it and think its worth heaps more. Super guru gutometer Couta1 likes it, I do, heck even Mrs Beagle likes it and she is never ever wrong...well not that she ever admits too anyway lol
Massive share volumes lately flushing out all the remaining disaffected shareholders. Back up the truck, what could possibly go wrong
Last edited by Beagle; 07-11-2018 at 12:19 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
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