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10-01-2020, 01:20 PM
#1431
Z say loyalty is key driver of market share ...not pump prices
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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10-01-2020, 01:48 PM
#1432
You guys have got it all wrong. Mobil have been spending on extensive advertising telling Kiwi's their fuel gives "advanced" fuel economy lol
Even says so on their website so must be true https://www.mobil.co.nz/en-nz/synergy-fuels
"Advanced" is quite a "bold" claim. Online dictionary cut and paste below...I'll leave it for you guys to decide if Mobil are being deliberately disingenuous or whether this is just within the bounds of normal creative marketing but its well worth noting they don't provide any independent studies to verify their "bold" claim.
advanced[ ad-vanst, -vahnst ]SHOW IPA
SEE SYNONYMS FOR advanced ON THESAURUS.COM
adjective
placed ahead or forward:
with one foot advanced.
ahead or far or further along in progress, complexity, knowledge, skill, etc.:
an advanced class in Spanish; to take a course in advanced mathematics; Our plans are too advanced to make the change now.
pertaining to or embodying ideas, practices, attitudes, etc., taken as being more enlightened or liberal than the standardized, established, or traditional:
advanced theories of child care; the more advanced members of the artistic community.
far along in time:
the advanced age of most senators.
Last edited by Beagle; 10-01-2020 at 01:55 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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10-01-2020, 02:20 PM
#1433
Perhaps I'm biased, as a small holder of ZEL, but I get a lot of chuckles from reading wealthy Sharetrader gurus agonising over a few cents per litre every time one or other of the retailers ups the price!
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13-01-2020, 01:12 PM
#1434
Been super beneficual to be using Z sharetank of late. Those living in Wellington get Petone prices and get 34 cpl discount on petrol
Suppose Z know what they doing with all their amazing customer data stuff and algorithms
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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13-01-2020, 02:14 PM
#1435
Originally Posted by winner69
Been super beneficual to be using Z sharetank of late. Those living in Wellington get Petone prices and get 34 cpl discount on petrol
Suppose Z know what they doing with all their amazing customer data stuff and algorithms
Not reflected in today's share price which could be being dragged down by Aust market and in turn by US on late Friday.
Also Bull had this to say:
from z statement today
The contractual arrangements that Z has with the New Zealand
Refining Company (NZX: NZR) means we havea ‘floor’ in the
processing fee that we pay to the refining company. Third party
forecasts regularly provided toZ estimate that during 4QFY20
refining margins will drop below the ‘floor’ level and may
require Z to ‘top up’the refining company
bull
Last edited by Davexl; 13-01-2020 at 02:34 PM.
All science is either Physics or stamp collecting - Ernest Rutherford
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22-01-2020, 09:13 AM
#1436
not surprised diesel sales well down , govt's new taxes on diesel make it more expensive than petrol now
http://nzx-prod-s7fsd7f98s.s3-websit...375/315549.pdf
one step ahead of the herd
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22-01-2020, 10:25 AM
#1437
Caltex retail petrol sales down just on 20% is quite a remarkable decline given most people have reasonable entrenched habits regarding fuel purchases.
Margin's look under pressure too and refining margin ahs taken a huge hit.
This is the bottom and it gets better from here or is the trend definitely NOT your friend...that's the $64,000 question.
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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22-01-2020, 10:31 AM
#1438
Originally Posted by Beagle
Caltex retail petrol sales down just on 20% is quite a remarkable decline given most people have reasonable entrenched habits regarding fuel purchases.
Margin's look under pressure too and refining margin ahs taken a huge hit.
This is the bottom and it gets better from here or is the trend definitely NOT your friend...that's the $64,000 question.
At least it wasn’t a profit downgrade
But downgrades often follow reaffirmation
FY - I have no idea ...doubt they know either
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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22-01-2020, 10:44 AM
#1439
Originally Posted by Beagle
... given most people have reasonable entrenched habits regarding fuel purchases ...
Absolutely. My habit is to purchase fuel always where I can get it most economically (considering fuel price and cost of access). If possible I try to avoid as well any complicated discount schemes and prefer an honest and good price to rebate schemes with endless conditions attached. I suppose I am not the only one.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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22-01-2020, 10:50 AM
#1440
Originally Posted by winner69
At least it wasn’t a profit downgrade
But downgrades often follow reaffirmation
FY - I have no idea ...doubt they know either
Good they dangle that 40 cps annual fully imputed dividend out there so dividend hounds will be pleased they can get 40 / 0.72 = 55.56 cps gross so at $4.70 that's a gross yield of 11.8% The problem is its literally anyone's guess whether that's sustainable or not.
For what its worth last time I made a foray into ZEL the forward yield was 15% gross. I didn't think I could lose there and didn't.
For the shares to give a 15% yield with the current dividend forecast they'd need to be 55.56 / 0.15 = $3.70
I'm happy to watch this one from the sidelines at this stage.
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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