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.

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Port Of Tauranga Ord Shs > Dividend is now 9.5%

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Comment by Frankie_LeChaton Jan 06, 2016 5:51pm

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Post# 24434637

RE:RE:Dividend is now 9.5%

I am new here. Looking to buy some as the share price seems like a good entry point (52 week low). The fact that the earnings are in US dollars make it very tempting as the canadian dollar could go down some more on the oil price weakness. Even if they would cut the dividend in half it would still be near 5%. This is a solid company in a market that will rebound. Like other boards there is always some posters who want to scare people out of their shares.

GLTA

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