ZEL - Z Energy.

[peat]

A case of , the more you know the less you know ehh

Im sure someone on this forum has a signature about that.


“I know that I am intelligent, because I know that I know nothing “ — Socrates

[Joshuatree]

Socrates would average in over time because of that.

[bull....]

dont know why anyone would buy a business in structural decline over time , means lower divs and profits going forward over time and the loss of your capital. competition from low price operators is only going to get worse for shell. there stores cant cvompete with the bp's who are the leaders in store sales and the prices cant compete with gull.

[winner69]

ZEL share price was in decline before the last shocking downgrade in earnings. Thought I would mark guidances on the share price chart. Interesting

Nonetheless the future is what matters

Future is looking good - here's why

• An earnings upgrade is imminent which will reverse the last couple of legs down
• We have a bullish gartley pattern. Didn't show it on the chart as it didn't look very gartleyish
• Neighbours bowling club mates have ZEL as one of their picks in the competition. Dead keen to buy I'm told.

So all looking good on the ZEL front - 6 bucks is on the horizon

[Joshuatree]

Great discussion sharerers Certainly not a recco from me , just what i believe for me with ZEL atpit, albeit a reluctant contrarian. Little value to be found on the NZX in this dodgy mkt. Happy to utilise KW's simplistic M/A T/A combined with fundamentals. Beyond that its investor bias entrapment imo.

Is that the Hataitai Bowling Club 157 Hataitai rd W69? Come on down folks.

How many bowlers does it take to change a tungsten lightbulb ? 4. 3 to walk backwards and forwards debating how fast or slow the green is and the skip who gets it in one end.

[Beagle]

10 cents per liter off today. I see a bullish queue pattern forming at the bowsers followed by a frustrating sticky seat pattern as people's ice-creams melt lol
I don't know bull...they could be buying for the 14.5% yield you never know...that might have something to do with it eh

[Ahgong]

10 cents per liter off today. I see a bullish queue pattern forming at the bowsers followed by a frustrating sticky seat pattern as people's ice-creams melt lol
I don't know bull...they could be buying for the 14.5% yield you never know...that might have something to do with it eh

Would appreciate advice on how dividend yield of 14.5% is calculated. Like to learn the magic involved.

[winner69]

The

Average broker forecast divvy for FY21 is about 57 cps fully imputed, (about 79 cps gross).

For ahgong - this is where Beagles 14.5% yield comes from

Divie yield is divie (gross) divided by share price.

Forecast divies are -

F19 ...39.2 cents
F20 ...51.0 cents
F21 ...56.9 cents

Plus imputation credits

So even for F19 yield is 7.3% or 10.1% gross

Pretty cool eh

[Beagle]

Thanks Winner. See also post #684 for how the gross up of the dividends works with imputation credits.
Worth noting that based on forecast net yield the payback period for one's investment is only 10 years....i.e. probably before EV's make any meaningful impact on fuel volumes.
Hey Bull, That could be another reason people are investing.

[Waiuta]

Every company in every market has issues and IMHO you've got to make a decision sometime if you're in or out. For me I bought at the IPO @ 350 and topped up last week at 560 giving me an average cost of 456 so on current divi of 34.4c I'm looking at 7.5% imputated return. If there's a lift in share price well and good but I've bought for the divi. I also hold ZEL050, coupon 4.32, yield 3.85.