z being doing nice, reckon margins are very juicy at the moment with dollar up and oil down heaps but petrol prices not falling - nice juicy profits at the moment
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z being doing nice, reckon margins are very juicy at the moment with dollar up and oil down heaps but petrol prices not falling - nice juicy profits at the moment
another fall in oil and rise in dollar looking good margins possibly best ever now I reckon, oil down 10%, nz dollar up 5% last 30 days of course the assumption is not based on all variables but 2 very important ones
Judith Collins saying petrol report due out end of the month.
I'm thinking there say margins appear a little large ( As sometimes thinking of why petrol prices havnt fallen at the pump recently maybe they are waiting for the report and then can say ok look we have dropped them now 5c are you happy )
gull is providing good competition in the market everything is honky dory anyway cant see them saying to much as there tax take will decline.
don't think theres been any adjustment in price of petrol where I live.
Anyway price of oil continues to fall down 20% now
https://www.bloomberg.com/news/artic...s-raise-supply
and the NZ dollar continues to soar so that's why I stand by thinking margins for Z are booming.
petrol report next week, be interesting to see if the big fat juicy profits are to continue
Market not liking the MBIE report...
Didn't really seem like MBIE said that much despite not reading the full report. The recommendations weren't anything major, aside from further discussion and investigation. Anyone else pick up something different from me?
Pretty clear they are not happy. Report is worded in sauch a way as to imply the matter is actionable. Regulatory risk would be a concern if I were a Z shareholder scalping retail motorists.
http://www.sharechat.co.nz/article/1...tudy-findshtml
Pretty decent sized bone for the Commerce Commission to chew on.