Scrip Articles

Turners Automotive Group Limited – 2023 Company Presentation Report

Company Presentation Report, 19th July 2023 This was held at the Tuhono Room, HSBC Building, Quay St.  There was a very pleasing turnout of NZSA members for this presentation.  Presenters – Todd Hunter, Group CEO, Greg Hedgepeth, CEO of Auto Retail Division and Guy Bryden, COO of Oxford Finance.  Turners Automotive Group is comprised of…
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Fisher and Paykel Limited – 2023 Company Visit Report

Company Visit Report, 20th June 2023 Fisher and Paykel Healthcare Company (Site) Visit 20th June 2023 The sheer scale and size of the Fisher and Paykel Healthcare campus at the Highbrook Business Park is breathtaking. And the words campus and park are no accident; you drive in to an area that has its own roads…
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Investing in Business Journalism Pays Dividends

By Louise Nicholson Long ago when I was a journalist working in Australia, I recall an editor commenting that “no-one cares about Business”.  In his view, the punters were interested in – in order – Sport, Crime, Celebrities, then Politics.  Not too much politics, mind you – circulation always took a dive during election campaigns. …
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Pacific Edge Limited – 2023 Annual Meeting Report

Annual Meeting Report, 27th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $10.4m $13.9m $19.6m 71% Operating Expenses $24.7m $33.7m $53.1m 58% NPAT -$14.2m -$19.8m -$27.0m n/a EPS -$0.0195 -$0.024 -$0.033 n/a PE Ratio n/a n/a n/a Capitalisation $600m $80.0m -86% Current Ratio 6.37 18.43 11.10 -40%…
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Task Limited – 2023 Annual Meeting Report

Annual Meeting Report, 24th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $29.4m $32.8m $65.4m 99% Operating Expenses $36.9m $48.2m $58.8m 22% NPAT -$7.9m -$24.1m $0.4m n/a EPS1 -$0.046 -$0.068 $0.00 n/a PE Ratio n/a n/a 457 Capitalisation $97m $150m $167m 178% Current Ratio 4.84 1.34 1.55…
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EROAD Limited – 2023 Annual Meeting Report

Annual Meeting Report, 30th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $91.6m $114.9m $174.9m 52% Operating Expense $60.9m $93.9m $129.7m 38% Operating Margin 18% 26% 41% EBITDA $30.7m $21.0m $45.2m 115% NPAT $2.0m -$9.6m -$3.0m n/a EPS $0.024 -$0.087 -$0.027 n/a PE Ratio 257 n/a n/a…
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Smartpay Holdings Limited – 2023 Annual Meeting Report

Annual Meeting Report, 27th July 2023 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…
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Syft Technologies Limited – 2023 Special Meeting Report

Special Meeting Report, 21st July 2023 Click here for NZSA Assessment and Voting intentions Syft Technologies Ltd (USX:SYF) is listed on the Unlisted Securities Exchange (USX).  Syft is a leading provider of Selected Ion Flow Tube Mass Spectrometry (SIFT-MS), with its trace gas analysis machines.  Syft grew out of research at the University of Canterbury…
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Arvida Limited – 2023 Annual Meeting Report

Annual Meeting Report, 21st July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $174.4m $201.7m $221.9m 10% Operating Expenses $169.3m $211.2m $238.8m 13% Change in Fair Value $123.5m $159.0m $80.4m -49% NPAT $131.1m $198.8m $82.5m -59% EPS $0.242 $0.276 $0.114 -12% PE Ratio 8 6 10 Capitalisation…
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Are retirement operators pulling the wool over our eyes?

The retirement sector offers numerous investment options, including six NZX listings: Ryman Healthcare (RYM), Summerset (SUM), Oceania Healthcare (OCA), Arvida (ARV), Radius Care (RAD), and Promisia (PHL). So it was a pleasure for NZSA’s Auckland Branch to host Arie Dekker, Head of Institutional Research at Jarden, at its recent branch meeting. Arie covers the Retirement…
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