Annual Meeting Report, August 8th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 2024 Change Revenue $0.7m $1.4m $4.1m 183% Gross Profit $0.2m $0.7m $2.9m 313% NPAT -$4.3m -$6.9m -$5.4m n/a Gross Profit Margin 26% 49% 71% 46% EPS1 -$0.123 -$0.195 -$0.10 n/a PE Ratio n/a n/a n/a Capitalisation $37.1m $15.2m…
Read more
NZSA Disclaimer The author is the Head of Regulation at Catalist Public Market. All opinions expressed within this article are solely the author’s and do not reflect the opinions, beliefs or positions of Catalist. From an NZSA perspective, this is a topic we are interested in simply as a means of striking a better balance…
Read more
Special Meeting Report, July 31st 2024 Click here for NZSA Assessment and Voting Intentions As announced to the market on 24 April 2024, Promisia has entered conditional agreements to acquire the Golden View Lifestyle Village for a purchase price of $29.3m and acquire the Ripponburn Lifestyle Village for a purchase price of $4m. Both are…
Read more
Special Meeting Report, July 11th 2024 Click here for NZSA Assessment and Voting Intentions This was always going to be a very ‘special’ meeting as newly-minted Chair George Adams has finally done what none of his immediate predecessors managed to do, in starting the pathway to Synlait’s financial resurrection. The “end of the tunnel” (with…
Read more
Annual Meeting Report, July 26th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Gross Profit $2.3m $4.5m $7.7m $8.2m 6% NPAT $0.08m $1.3m $2.3m $2.6m 17% EPS1 $0.0005 $0.0063 $0.0062 $0.0072 17% PE Ratio 112 9 12 10 Capitalisation $17.9m $11.9m $28.0m $28.0m n/c Current Ratio 1.33 1.42…
Read more
Annual Meeting Report, July 25th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Revenue $3,543m $5,218m $5,675m $4,717m -17% NPAT $188.1m $355.4m $426.5m $208.7m -51% EPS $1.87 $3.53 $4.24 $2.07 -51% PE Ratio 41 20 17 34 Capitalisation $8.1b $7.9b $7.1b $7.0b n/c Current Ratio 1.08 1.17 1.22…
Read more
NZSA Disclaimer Monday July 22nd was a busy day on our local market. First came the announcement that the directors of Arvida Limited (NZX: ARV) were recommending an offer for a takeover via a Scheme of Arrangement at $1.70 per share – well up on a share price that had become range-bound between $0.90 –…
Read more
Annual Meeting Report, July 11th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2022 (restated) 2023 Change Revenue $33.9m $48.1m $77.8m 62% Operating Expenses $26.3m $37.9m $59.4m 54% NPAT -$15.2m $2.1m $6.7m 208% EBITDA $7.6m $10.2m $18.4m 81% Capitalisation $190.3m $155m $446m 188% EPS1 -$0.065 $0.009 $0.028 208% PE Ratio n/a 56…
Read more
Special Meeting Report, July 11th 2024 Click here for NZSA Assessment and Voting Intentions The Company was seeking shareholder approval to certain amendments to its constitution that are designed to preserve the significant value in the Company’s available tax losses. During FY23, Allied Farmers obtained a Private Ruling from Inland Revenue that increased unused tax…
Read more
NZSA Disclaimer This is an interview with Mark Malpass, CEO, Steel & Tube, carried out on June 19th 2024. Listen in for his thoughts on Steel and Tube’s past, present and future – and the value of good governance. Oliver Mander
