Was loving riding the NZR wave until is came crashing back yesterday! Hopefully it rises again ... I expect it to coming up to divvy time :)
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Was loving riding the NZR wave until is came crashing back yesterday! Hopefully it rises again ... I expect it to coming up to divvy time :)
With NZD at .73us as I type, guess one has to think about how future GRM going to be affected. The way things are developing in US a strong USD is in play for this year I reckon. From that angle NZR as an investment may not provide as good a return as one hopes in the medium term. Hence I believe the current price level is fairly priced.
With the usd going strong in medium term. And good Singapore margins at around 6 dollar. It is all look healthier
If Trump invades oil countries to steal oil, as he's said he will (from ISIS - which as we know could be anywhere with American geographic understanding of countries beyond their shores)... How will this effect NZR, I wonder? Does anyone recall what happened when Bush invaded Iraq for oil... err, I mean because the twin towers were knocked over... :) Also, would it be the same, if Trump has getting the oil as a directive, without any need to hide it, there could be a lot more oil taken and pushed through different channels.
Good question. I guess if Trump really decides to steal the oil from the oil producing countries (and he might - maybe he comes re the Middle East with Putin to a similar agreement than Hitler once had with Stalin over Poland), than the immediate outcome would probably be less certainty and more terror attacks and sabotage on oil drilling and transportation gear (like pipelines), particularly in the middle East. I'd see the potential for huge environmental disasters and PoO likely to go up (given that supply likely to become less certain).
However - not sure I see a direct link to refinery capacities and refinery margins - unless somebody decides to attack oil refineries in the Middle East. There is otherwise no correlation between oil price and refinery margin. If however refinery capacity is reduced (by somebody blowing up some oil refineries), than NZR probably would go up - otherwise it should be for them in my view business as usual.
Some interest picking up over the last week, could be a few chasing the next dividend.
I'd say closer to 10c than 15c but that would still be 3.5% of $2.85.
anyone know date for results announcement ? maybe company could release date if they havent