ZEL - Z Energy.

**mcdongle** · 28-11-2018, 05:57 PM

I get it, you think this is a sunset industry. There's going to be very strong twilight for many decades to come, you read it here from me first.

https://www.marketscreener.com/Z-ENE...015/consensus/..
I own some Z shares.

I am just excited by all the new possibilities of this..

**Joshuatree** · 28-11-2018, 10:13 PM

Yes i went to a ZEL presentation today with Mike Bennetts and really liked their attitude to the environment and acceptance of global warming and actions we all have to take, very responsible and genuine about this. Mentioned Disrupter in a disruptive mkt ,purchase Flick , Biodiesel etc.

52% of fuel sales are to commercial.
$40 million savings to be made in the next two years from efficiencies/synergies gained in Chevron, Caltex purchase.

2 or 3 decades plus before EV use starts making an impact ( from Mike B,i hope take up is much sooner myself).

Fraser Whineray CEO of Mercury was also very motivated about global warming and excited about the ops for his company.

**Beagle** · 29-11-2018, 11:52 AM

Originally Posted by Joshuatree

Yes i went to a ZEL presentation today with Mike Bennetts and really liked their attitude to the environment and acceptance of global warming and actions we all have to take, very responsible and genuine about this. Mentioned Disrupter in a disruptive mkt ,purchase Flick , Biodiesel etc.

52% of fuel sales are to commercial.
$40 million savings to be made in the next two years from efficiencies/synergies gained in Chevron, Caltex purchase.

2 or 3 decades plus before EV use starts making an impact ( from Mike B,i hope take up is much sooner myself).

Fraser Whineray CEO of Mercury was also very motivated about global warming and excited about the ops for his company.

Thanks for sharing. Market seems very competitive with fuel prices now. Just got a fill of 91 Octane at just $1.99.9 inclusive of the 11.5 cents per liter Auckland reginal fuel tax rort.

On the other side of the ledger its interesting to note that brokers are around 55 cps fully imputed dividend for FY21 so at $5.60 that's (55 / 0.72) / 560 = 13.6% yield.

Commerce Commission says petrol pricing study at least a year away and won't be swayed by political rhetoric. https://www.nbr.co.nz/story/commerce...tical-rhetoric

**Beagle** · 01-12-2018, 09:18 AM

https://www.msn.com/en-nz/money/news...cid=spartandhp

Interesting. Maybe people want a bathroom break and /or snack / coffee with their fuel after all ? I think the other issue is its a hard road to hoe getting premium sites for these discount players after all its not really worth ones time or fuel to go too far out of their way for discounted fuel.

**peat** · 03-12-2018, 03:00 PM

yeh you would think crowdsharing tech such as gaspy would affect more peoples decisions but the margins are relatively trivial on many occasions and not enough to compensate for needing a moro bar or a dump.
the number of staff working for Waitomo is a quarter of Z ! and they buy directly off Mobil so really just a reseller.

**Jay** · 03-12-2018, 04:15 PM

I notice recently that Gull in Pakuranga have gone to a self service/pay at pump station - "shop" has been shut up, so you can't get your moro bar etc and subsequently the price is about 10 cents less than most others around.

**Ghost Monkey** · 03-12-2018, 09:39 PM

Originally Posted by Jay

I notice recently that Gull in Pakuranga have gone to a self service/pay at pump station - "shop" has been shut up, so you can't get your moro bar etc and subsequently the price is about 10 cents less than most others around.

"shop" has been converted to a bed store. Fill 'er up and then buy a bed with your...... savings?

**Beagle** · 03-12-2018, 09:45 PM

Originally Posted by Jay

I notice recently that Gull in Pakuranga have gone to a self service/pay at pump station - "shop" has been shut up, so you can't get your moro bar etc and subsequently the price is about 10 cents less than most others around.

Our local Gull just up the road did the same quite a few months ago. They start at 10 cents per liter cheaper but you will see 2 x 3 cent increases come on at about the 6 and 9 week mark irrespective of what the oil price and exchange rates are doing. The real difference will be considerably less than 10 cents per liter after a few months, mark my words. On the other hand by waiting for the real and sustained every week 10 cents per liter off days, (like 73% of people do) the major retailers run when combined with their other incentives such as fly buys for Z or Mobil Smiles for Mobil in the medium term you're better off sticking with the bigger brands and spend the real savings on that mars bar and coffee.