ZEL - Z Energy.

[Lion_graf]

First-half FY21 guidance confirmed
Notwithstanding the impacts of the recent lockdown, Z confirms its guidance for 1HFY21 of
$85-100m RC EBITDAF. The cost out program remains on track, Nelson terminal has fully
transitioned to terminal gate pricing, and recent investments in CX are yielding incremental
volume increases.

[winner69]

First-half FY21 guidance confirmed
Notwithstanding the impacts of the recent lockdown, Z confirms its guidance for 1HFY21 of
$85-100m RC EBITDAF. The cost out program remains on track, Nelson terminal has fully
transitioned to terminal gate pricing, and recent investments in CX are yielding incremental
volume increases.

Suppose that's good news although some would have been expecting a better result than that seeing the economy isn't as bad as most were predicting.

[Lion_graf]

They're still showing a big reduction in Jet fuel and marine still as expected.. But seem to be on the right track cost cutting on staff and veering away from the service you would get at Z in the past. If only the SP held up the same way as Air NZ has done.

Still has a lot of support at $2.6ish. Can't seem to budge

[Teatree]

Morningstar have a val on this of 6.35 (early July) how is this so removed from what the market thinks

[dreamcatcher]

Maybe around 45% insto ownership here and increasing imo

Believe trans tasman flights will happen by Christmas should boost SP

[dreamcatcher]

"70,000 seats sold in six hours after rules relaxed"............ Positive news for Jet fuel I suppose

https://www.rnz.co.nz/news/business/...-rules-relaxed

[Beagle]

Z just sent me a mass e-mail for a survey/voucher scheme with an absolutely enormous amount of e-mail addresses and names attached to all and sundry via the "To" field instead of "BCC". Absolutely unacceptable and incredibly stupid. Already sending some complaints out. Moose.

[dreamcatcher]

Z just sent me a mass e-mail for a survey/voucher scheme with an absolutely enormous amount of e-mail addresses and names attached to all and sundry via the "To" field instead of "BCC". Absolutely unacceptable and incredibly stupid. Already sending some complaints out. Moose.

Certainly would piss people off on list.............

[Lion_graf]

"70,000 seats sold in six hours after rules relaxed"............ Positive news for Jet fuel I suppose

https://www.rnz.co.nz/news/business/...-rules-relaxed

I thought we wouldve seen a rise today. Instead it's the opposite. Less volume and looks to continue down 😔

[winner69]

Those cheap shares of $2.80 odd at the SPP not looking too cheap these days.

Also feel sorry for many who were seduced by the awesome divies a year or so ago ...never get their capital now

Long way down from nearly 9 bucks ....wonder when the down trend will stop ...maybe 2 bucks? ....maybe never?