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Port Of Tauranga Ord Shs 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.


OTCPK:PTAUF - Post by User

Port Of Tauranga Ord Shs
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Post by ProsperityPeteon Aug 18, 2010 1:29am
760 Views
Post# 17359997

Should see a price settle

Should see a price settleI think we'll see a trickle down in stock price to the $130 level where BHP established the value. Gonna be back and forth between BHP and POT for quite a while. Remember what happened when Agrium announced there offer for CF industries? CF shot up like a banshee then the dust (share price) settled before Agrium came back for another chomp at the bit. We might see something similar here so to all considering going short, I don't blame you one bit but consider it a short term trade as this sector has proven to be one volatile monkey with fangs that can bite you when you least expect.


Happy trading and best regards to all,


Pete
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities