Port of Tauranga Ltd T.POT

Primary Symbol: PTAUF

Industrials

Port of Tauranga Limited is a New Zealand-based company that carries out business through the provision of wharf facilities, land, and buildings, for the storage and transit of import and export cargo, berthage, cranes, tugs, and pilot services for customers. It operates in three segments: Port operations, Property services, and Terminal services. The Port operations segment consists of providing and managing port services, and cargo handling facilities through the Port of Tauranga, MetroPort and Timaru Container Terminal. The Property services segment consist of consists of managing and maintaining the Port’s property assets. The Terminal services segment consists of the contracted terminal operations, general container marshalling and ancillary services of Quality Marshalling (Mount Maunganui) Limited (Quality Marshalling). It provides customers with supply chains through investment in regional feeder ports and inland freight hubs.

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Port of Tauranga Ltd

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Post by canneon Dec 08, 2015 4:21pm

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Post# 24366538

pretty low stock price

If POT's stock is any indication of the state of the farming industry, one can assume that farming is getting squeezed pretty hard. If any of you go shopping you will notice that prices of nearly everything have been going up. Last time I went to buy a T-bone, I nearly had to be rushed to hospital as I read the price of $38 / kilo or $17 bucks for a single large steak, this in contrast to the price of a 20 lb propane tank which can be refilled for $20 and the fact that farmer can't afford to buy potash. I hope we are near a bottom on potash prices, it is hard to believe that POT has not been this low since 2007 and it is probably the most solid Potash producer in the world. When this baby turns, it is going to make investors at this level lots of money...

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