Opinions
Darren Sissons
Port of Tauranga
POT-NZ
PARTIAL SELL
Mar 27, 2015
N/A
Stock price when the opinion was issued
0
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This has been a phenomenal story. They are doing a regional consolidation of ports in New Zealand, so you are probably looking at a five-year story. This is a good example of what happens when you have international diversification. This company needs capital to grow and has reached the point where they are going to have to start looking outside of the New Zealand market. However, at these levels, he would probably take money off the table.