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Old 30 Aug 2019, 02:02 (Ref:3924772)   #1
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Mega Fuels.... Out??

Whispers around the traps is that Mega Fuels may not be continuing their relationship with WAU next season... wonder if they are following Mr Courtney out the door?
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Old 30 Aug 2019, 02:49 (Ref:3924774)   #2
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Originally Posted by GTRMagic View Post
Whispers around the traps is that Mega Fuels may not be continuing their relationship with WAU next season... wonder if they are following Mr Courtney out the door?
If that is correct, does that mean that Mega Fuels have moved on from a 2nd team after only one season? I think that they were with Tickford for only one year then WAU for one year so far.

Wonder what it is that they're looking for that leads to them being so flighty?
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Old 31 Aug 2019, 02:50 (Ref:3924917)   #3
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If that is correct, does that mean that Mega Fuels have moved on from a 2nd team after only one season? I think that they were with Tickford for only one year then WAU for one year so far.
The entries have hardly performed to a high level!
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Old 2 Sep 2019, 07:48 (Ref:3925346)   #4
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Whispers around the traps is that Mega Fuels may not be continuing their relationship with WAU next season... wonder if they are following Mr Courtney out the door?
Or is it that they are in trouble themselves financially?
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Old 2 Sep 2019, 08:02 (Ref:3925348)   #5
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Or is it that they are in trouble themselves financially?
Their GM has posted on here at different times... we shall see
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Old 2 Sep 2019, 10:53 (Ref:3925369)   #6
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Idle chatter?

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Or is it that they are in trouble themselves financially?
https://www.fullyloaded.com.au/produ...fuel-expansion


Mega marks retail fuel expansion
Mega is expanding its services


Bulk fuel solutions company Mega Fuels is expanding into the retail space with the opening of its first service station in Rocklea, Brisbane.

The Australian-owned and operated supplier, which also operates its own B-souble fleet, says the 1384 Ipswich Road location is the first in a planned rollout of Mega fuel stations along the eastern seaboard.

Its transition into retail fuel follows its operation supplying bulk fuel for a number of years.

It underwent a phase of acquisitions throughout 2019, it says, taking control of a number of fuel distribution companies to bolster its bulk fuel distribution capabilities and establish a network that can support the retail rollout.

The opening is set for Saturday, July 20.
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Old 2 Sep 2019, 12:20 (Ref:3925388)   #7
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Hmm, we'll see if this program includes the VASC. They obviosuly have a good business plan, so it should work. We'll see what happens with regards to the series
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Old 2 Sep 2019, 22:57 (Ref:3925478)   #8
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Mega marks retail fuel expansion
Mega is expanding its services
Maybe I'm in the wrong place to mention this... But I think any business that is looking to expand by focusing on fosil fuels only has a short term business plan.

Their bulk fuel service for mining etc. may have a little longer pipeline (pun intended) but retail fuel stations will be very different places in 10 years.

Although there would be some bargins to be had, I imagine there are plenty of larger businesses (BP; Shell; etc.) happy to off load assets that only have 10 or so years left to run.
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Old 2 Sep 2019, 22:57 (Ref:3925479)   #9
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Originally Posted by cavvy View Post
https://www.fullyloaded.com.au/produ...fuel-expansion


Mega marks retail fuel expansion
Mega is expanding its services


Bulk fuel solutions company Mega Fuels is expanding into the retail space with the opening of its first service station in Rocklea, Brisbane.

The Australian-owned and operated supplier, which also operates its own B-souble fleet, says the 1384 Ipswich Road location is the first in a planned rollout of Mega fuel stations along the eastern seaboard.

Its transition into retail fuel follows its operation supplying bulk fuel for a number of years.

It underwent a phase of acquisitions throughout 2019, it says, taking control of a number of fuel distribution companies to bolster its bulk fuel distribution capabilities and establish a network that can support the retail rollout.

The opening is set for Saturday, July 20.
I have read that too... and others like it... there is/was an IPO in the offing as well for Mega... starting a business from scratch in the spot fuel supply business is truly a long term game, and is definitely a cash hungry opportunity... There are plenty of traders in that space, some with, some without the transport systems infrastructure attached (many are spot contracted also..)
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Give me health and strength, we'll steal the rest..
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Old 3 Sep 2019, 01:25 (Ref:3925497)   #10
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idle chatter

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I have read that too... and others like it... there is/was an IPO in the offing as well for Mega... starting a business from scratch in the spot fuel supply business is truly a long term game, and is definitely a cash hungry opportunity... There are plenty of traders in that space, some with, some without the transport systems infrastructure attached (many are spot contracted also..)
I was simply trying to put a stop on a post that questioned their viability, pretty poor I thought.
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Old 3 Sep 2019, 01:30 (Ref:3925500)   #11
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idle chatter

I was simply addressing idle speculation, potential to damage:

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Or is it that they are in trouble themselves financially?
As for questioning the longevity, no doubt the poster at a minimum read the business plan?

& NO, I've no interest in the business concerned & I've no interests ($) in that sector.

Last edited by cavvy; 3 Sep 2019 at 01:33. Reason: Clarification
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Old 3 Sep 2019, 03:13 (Ref:3925512)   #12
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As if on cue...

Walkinshaw Andretti United backer in receivership
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Old 3 Sep 2019, 05:36 (Ref:3925516)   #13
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I was simply trying to put a stop on a post that questioned their viability, pretty poor I thought.
or pretty accurate, depending on which you look at it, it seems...
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Old 3 Sep 2019, 05:51 (Ref:3925518)   #14
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Old 3 Sep 2019, 07:26 (Ref:3925523)   #15
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Average Punter should be qualifying in the top 5 on the gridAverage Punter should be qualifying in the top 5 on the gridAverage Punter should be qualifying in the top 5 on the grid
So does Chaz have an out clause??

If he was ever in?
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