ZEL - Z Energy.

[Cyclical]

Jet fuel prices world wide went up 4.3% for the week ending 17/4,if oil is coming down in price one has to presume margins are going up.Time will tell of course but overall this should be a positive for Z but not so good for airlines who are trying to recover.
However it could just a one week blip!

It's probably more a reflection of the cost per unit to refine and supply the stuff, as opposed to the cost of the raw product/crude. With volumes way down, most in the industry will be running severe losses.

[BlackPeter]

Jet fuel prices world wide went up 4.3% for the week ending 17/4,if oil is coming down in price one has to presume margins are going up.Time will tell of course but overall this should be a positive for Z but not so good for airlines who are trying to recover.
However it could just a one week blip!

Earnings are not just about margins ... and revenues will be ways down and stay so for some time.

[King1212]

Fuel consumption started to grow

[bull....]

petrol prices to high , oil is crashing

[stoploss]

petrol prices to high , oil is crashing

I know taxes are different but 84 cents a L in Australia .....

[bull....]

I know taxes are different but 84 cents a L in Australia .....

the govt may do some stuff good but they are hopeless at looking into the rorting from supermarkets , petrol etc in NZ and the AA make me crinch everytime i hear them. lapdogs of the oil co's

[nztx]

NTA is about $0.60, not $6 from FY19.

Try $0.06 NTA - direct off the NZX ZEL page

[Gerald]

Try $0.06 NTA - direct off the NZX ZEL page

I never trust metrics by google/nzx or websites normally.

NTA = Assets - intangibles - goodwill - all liabilities

NTA fy19 = 2847 - 475 - 193 - 1927 = 252m

425m shares on issue. 252m/425m = 0.59

Or am I missing something?

[blackcap]

I never trust metrics by google/nzx or websites normally.

NTA = Assets - intangibles - goodwill - all liabilities

NTA fy19 = 2847 - 475 - 193 - 1927 = 252m

425m shares on issue. 252m/425m = 0.59

Or am I missing something?

Looks about right to me.

[winner69]

Z themselves in HY Announcement to NZX said NTA was $0.06

Probably a mistake but Wish they’d do these things to pump prices