UBS - what terrible analysis BUY rating with $7.50 TP after saying "5th guidance Downgrade in 2 years"
Got my quota a few cents from the bottom and like ALL shares there are risks but ZEL still sells a needed product.
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UBS - what terrible analysis BUY rating with $7.50 TP after saying "5th guidance Downgrade in 2 years"
Got my quota a few cents from the bottom and like ALL shares there are risks but ZEL still sells a needed product.
With you on that one: the more panic - the more you buy.
btw, have off loaded cen at 728, now waiting for the next panic to arrive
That's the game, if you can't get on top of fear, you'll
enter the market at the wrong time.
What I like is that ZEL was quick to react to the likes of Gull and is competing, unlike BP and Mobil, who seem to have not reacted at all so far. I have been a Gull customer a long time, but now switched to Z...simply better service at the Gull price.
Its not panic in my opinion. Its the market quite logically reacting to a fundamental lowering of the profitability of their business model. Take care out there folks.
Looks like that $4.01 was a very good entry point, well done to those that took the opportunity, it's going to be at least a 30 yr sunset on this one.
Very early days to call shareholders pain as being over.
Take care out there folks and remember this dog's motto "No if's and no but's, buy no mutts"
Can't believe it. Morningstar on 13th Dec, putting a Buy recommendation on ZEL with the price valuation at $8.30! Is there any integrity to these valuations at all?
First post by the way, Vince kindly let me on board with my gmail address. Finally...:)
Thanks Dreamcatcher. Certainly got to enjoy a very nice dividend. Shame about the capital. Wondering whether to buy more when the price retests around the $4 mark or wait further / forever as Beagle seems to be suggesting. Perhaps "Sharktank" will increase market share over time? Any suggestions? Thanks guys...
I sold all my Z shares at 4.85, due to the timing I also received the dividend.