ZEL - Z Energy.

[winner69]

Sort of says no growth aspirations from fuel except what the market delivers

So it's all about more coffee and muffins and chocolate bars

[percy]

Sort of says no growth aspirations from fuel except what the market delivers

So it's all about more coffee and muffins and chocolate bars

Exactly.With smaller cars using less petrol,there is no growth in the fuel market.
Just another retailer fighting in a tough market.
I must admit to finding it rather a waste of time when I go to the counter to pay for my petrol, to be asked if I want a coffee or overpriced chocolate bars.
No.!

[Jaa]

Exactly.With smaller cars using less petrol,there is no growth in the fuel market.
Just another retailer fighting in a tough market.
I must admit to finding it rather a waste of time when I go to the counter to pay for my petrol, to be asked if I want a coffee or overpriced chocolate bars.
No.!

And the big volume commercial markets look pretty cut throat and low margin.

[bermuda]

Sort of says no growth aspirations from fuel except what the market delivers

So it's all about more coffee and muffins and chocolate bars

Winner,
You are spot on. I had 24 years with BP. Retail margins got tighter and tighter after deregulation. Deregulation was needed. NZ had 1 service station per 3000 people which was 3 times the requirement. The dogs have died and are still dying. It has become a coffee/muffins and chocolate business. If you invest in this IPO then you can look forward to a pretty stable but boring return With a little bit of long term downside.....The fat in Service Station retailing has been well and truly removed.

Better opportunities elsewhere.