Viva Energy Group Limited

ASX:VEA

Viva Energy Group Limited

ASX:VEA
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$2.62 (+0.4%)
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#Acquistion OTR
stale
esanjay26
Added one year ago
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Here in Sth Aust, love 'em or hate 'em, the OTR fuel franchise is one of the most impressively run & visible business models. Fuel price-wise, they seem to the first to raise prices and one of the last to come down but they are omnipresent and considered an SA success story from their beginnings of one traditional service station in a northwestern suburb. As Viva convert Coles Express to OTR, and refurbish to their 24-7 mini-mart model, there is only upside for Viva.

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Valuation of $2.70
stale
raymon68
Added 2 years ago

VEA will this be ok? **A beneficery Retail fuel market once the excise comes online again!

Latest Gross divi: 3.82%..........Ex Div Date: 06/09/2022 (25 days away)

100% Franked ... tax benefit for us workers.

Forecast Gross dividend yield circa 12%

Divi payout ratio: circa 45% this is good VEA retaining the earnings here.

Some profitabilty here ROE growth this 2022

Cash flow positive covers the dividend: Free cash flow 20cps vs divi payout 7.43cps

Normal pe ratio: 15% in the teens sustainable.


**The excise for petrol, diesel and all other fuel and petroleum-based products, except aviation fuels, was halved for 6 months from 12.01am on March 30. The cut has provided some relief for about three months so far and is due to return to the full levy of 44.2 cents per litre on September 28.at 6 July 2022..

Growth ( especially if the price is too good to be true ) is a promise the divi is a certain thing....well.....

High interest rate environment now you know!


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#2Q2022 operational update
stale
raymon68
Added 2 years ago
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. The Geelong Refinery delivered a strong operational performance, producing at near full capacity in 1H2022. Actual Geelong Refining Margin (GRM) achieved in 2Q2022 was US$30.8/BBL, which is a significant increase on the GRM of US$8.3/BBL reported for the quarter ended 31 March 2022 (1Q2022).

Read more - 2924-02541098-3A597081 (markitdigital.com)

. After a period of significant losses during the pandemic, it is especially pleasing to see our refining business now delivering strong results and playing a key role in meeting the country’s energy security needs.

So get yah ICE cars fueled up..

EPS promises to be larger by Decemeber.

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