Port of Tauranga Ltd T.POT

Primary Symbol: PTAUF

Industrials Shipping & Ports

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 > Another dividend cut

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Comment by quintessenceon Jul 29, 2016 11:17am

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Post# 25095688

RE:RE:RE:RE:RE:RE:RE:Another dividend cut

POT has hundreds of years supply of product.
Today, this week and this year are but a blip in the companies future and history.
The greed of ever higher prices encouraged competition. Now we and everyone else supplying product are facing the results.
However, people still need to eat and the population is still growing. I'm guessing next year things turnaround.

All IMO.

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