Seeking Alpha
0
All posts from Seeking Alpha
Seeking Alpha in Seeking Alpha - Read, Decide, Invest.,

South Port New Zealand: A Better Way To Play Aluminum And Chinese Trade

We recently had the opportunity to communicate to a commercial manager at South Port New Zealand Ltd. (OTC:SPNZF). If you think some American accents are weird, you'd be right, eh. New Zealand accents are even stranger, but the ones at South Port New Zealand know how to make money.

In this article, we'll discuss the business as well as the two catalysts we believe will continue to propel South Port's growth: trade with China and rising demand for aluminum. We'll review the overall financial returns at the company, look at some risks and conclude with some tactical advice about how to build a position in this thinly-traded name.

Background

South Port New Zealand Limited operates in the port and warehousing industry in New Zealand. It operates the southern most commercial port in New Zealand on a 24/7, 365 days a year basis. The port is strategically located in a part… Read More …