This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

ALD - Ampol Limited

Jump to new
Morning Star calls ALD overvalued. By three bucks, apparently . ( S.P. up a bit today to over $ 40 )
( Yawn .) I've had this thing since last century when it was called something else ....Caltex ! That's right. Still got the original scrip somewhere in the bottom drawer .
I think I now understand Mr. Skates new way of thinking but Jeebus mate , it's so.....effin Boring ! It's like....jeez , I dunno ......real estate !
Ya gotta get strapped in behind the wheel again and back out on the racetrack .
 
12 month rolling ff div yield on ALD is impressive , probably got room to go higher tbh . Multiples not crazy at all . Put on my list for screening down the track
 
dyna said:
( Yawn .) I've had this thing since last century when it was called something else ....Caltex
Click to expand...
SCAMpol is what I call it. Generally avoid it like the plague due to their full on prices.
They inherited the right to fleece you see. Pun intended.
How old are you really...?!

 
Black Rock bailed out of ALD .
Completely ( ? )... Seems that way by the look of yesterday's disclosure notice to the ASX . Thirty million shares sold recently in one go , so that must have been them , perhaps .
S. P. at $ 29 so their timing has been pretty hopeless . Was over $ 40 at start of the year .
Insto's eh ? Supposed to be on top of their game , right ? Not this time , unless they 've been holding for a very long time .
 
State Street also sold down its ALD holding but only by 3 million shares to 17 1/2 million ( 7.36% voting power , now .) at end of November .
 

Attachments

  • Change-in-substantial-holding.PDF
    5.5 MB · Views: 25
Good evening
Chart Update.
Not tooooooooooo bad a New Year run to start with... for Ampol
Hourly


Not holding
Never traded.

Kind regards
rcw1
 
added to Djerriwarrh’s portfolio:

Ampol (formerly known as Caltex) was the only new holding added to the portfolio during the period. Ampol is Australia’s leading vertically integrated energy company. It operates businesses across convenience retail in Australia and New Zealand, as well as the refining, supply and marketing of fuel. We believe that Ampol is a better business today compared to five years ago. The earnings mix is better, the balance sheet is solid, the quality of the network has improved and the management team has demonstrated good capital allocation and discipline. Ampol primarily offers our portfolio an attractive level of dividend income, especially if trading conditions in its refining business improve from the current cyclically low levels.
 
excerpt

"Trading updates are part of the Macquarie conference, but the real value isn’t the earnings up/down statements. It’s when CEOs forget about results for a minute and put a bit of meat on the strategy bones for investors – everyone can talk about numbers and forecasts on the twice-a-year results day.

"Fuel retailer Ampol was a good example on Wednesday. Chief executive Matt Halliday’s presentation explained how Ampol could make an extra $30 million next financial year from its U-GO unmanned petrol stations.

"The plan is to take last year’s 19 converted sites and get to 40 by the end of this year and 60-plus next year. Each site costs about $300,000 to convert, and pays the company back in only one year. They’re typically underperforming sites, where labour costs make them too expensive to operate.
 
$27.07

Ampol is in late-stage discussions to acquire EG Group’s Australian service station portfolio for more than $1 billion, in a deal that would put its forecourt presence on par with main rival Viva Energy.

EG, a British group, paid $1.73 billion to enter Australia’s fuel market in 2019, acquiring Woolworths’ 540 petrol stations. Ampol already supplies the fuel for the sites, which are co-branded with its name.
 
You must log in or register to reply here.

Similar threads

TR2 - Tali Resources Limited
Replies
0
Views
275
Dona Ferentes
CCL - Cuscal Limited
Replies
12
Views
2K
Dona Ferentes
BCOM - Bloomberg Commodity Complex ETF
Replies
2
Views
754
Smurf1976
VGN - Virgin Australia
Replies
10
Views
1K
Dona Ferentes
  • Locked
  • Sticky
September 2025 Stock Tipping Competition Entry Thread!
2 3
Replies
53
Views
3K
greggles
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...