How to Buy Port of Tauranga Shares (POT) | Finder NZ

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How to buy Port of Tauranga shares (POT)

Your simple, step-by-step guide to investing in the Port of Tauranga on the NZX.

port of tauranga logo

The Port of Tauranga is New Zealand’s largest port and a crucial gateway for the nation’s imports and exports. Shares in Port of Tauranga Limited are listed on the New Zealand Stock Exchange (NZX) — keep reading for instructions on how to buy them.

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How to buy shares in Port of Tauranga on the New Zealand Exchange

  1. Compare share trading platforms. If you’re a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table. Most importantly, you need to find a share trading platform that allows you to trade on the NZX.
  2. Open and fund your share trading account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Port of Tauranga. Find the stock by name or ticker symbol: POT. Research its history to confirm it’s a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Port of Tauranga reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market’s ups and downs. You may be able to buy a fractional share of Port of Tauranga, depending on your share trading account.
  6. Check in on your investment. Congratulations, you own a part of Port of Tauranga. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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Port of Tauranga overview and background

Port of Tauranga Limited runs the Port of Tauranga, the largest port in New Zealand. Located in the Bay of Plenty region, the port handles 32% of the country’s cargo, 37% of exports and 41% of all shipping containers.

The port boasts 2,055m of linear berth face with 22 bunker points, as well as cargo sheds and a coldstore with a 20,000-tonne capacity. Other facilities include a tanker berth and the Tauranga Container Terminal.

Port of Tauranga Limited was listed in May of 1992 and in recent years has expanded its operations throughout New Zealand. New ventures have included establishing the MetroPort Auckland integrated inland port operation, the development of the MetroPort Christchurch intermodal freight hub, and joining forces with Northland Port Corporation to develop a deep-water port at Marsden Point.

Performance and company results

In its 2020 annual report, Port of Tauranga Limited announced the following key results:

  • Group net profit after tax of $90 million, down 10.5%
  • Revenue of $302 million, down from $313.3 million
  • 9 million tonnes of imports, down by 7.8%
  • 15.8 million tonnes of exports, down by 8%
  • A final dividend of 6.4 cents per share (total ordinary dividend of 12.4 cents per share)

Key details

NamePort of Tauranga LimitedIndustryPort & Logistics Operators
Ticker symbolPOTISINNZPOTE0003S0
TypeOrdinary sharesDate listed on NZX05 May 1992
End of financial yearJuneChief executive officerMark Cairns
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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