Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM Team, I would appreciate your thoughts on Viva Energy - VEA. The Geelong based refinery maybe in line for a government subsidy in the coming weeks as well as ongoing growth as we recover and start to travel more post COVID. Cheers Burge
Hi Burge,
I agree that VEA is another quasi recovery story plus their last quarter suggested improvements operationally across the business. In terms of the Geelong government subsidy it’s not necessarily a reason to buy the stock, it should be more a case of potential cream on the cake aka a company’s possibility as a takeover target. The risk / reward looks ok with stops under $1.80 but as MM is not a huge fan of the Energy Sector short-term it’s not in our scopes just yet.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
