Annual Meeting Report, 3rd August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $126.0m $136m $150m 10% NPAT $1.7m $2.7m -$2.1m n/a EPS1 $0.01 $0.01 -$0.007 n/a PE Ratio 61 35 n/a Capitalisation $104.1m $94.2m $58.4m -44% Current Ratio 0.69 0.73 0.61 -17% Debt Equity 10.35 3.14 3.89…
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Annual Meeting Report, 27th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $455m $507.8m $571.0m 12% Fair Value Movement $417m $746m $431.5m -42% Total Revenue $872.6m $1,254.7m $1,002m -20% NPAT $423m $692.8m $257.8m -63% EPS $0.864 $1.39 $0.375 -73% PE Ratio 16 7 17 Capitalisation $6.5b…
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Annual Meeting Report, 4th August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $113.1m $130.3m $156.6m 20% NPAT $7.9m $19.8m $10.6m -46% EPS $0.074 $0.19 $0.102 -46% Inventory Turnover 2.28 2.04 2.20 8% Gross Margin 43% 47% 47% n/c PE Ratio 60 20 37 Capitalisation $481m $429.3m $401.6m…
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Company Presentation Report, 25th July 2023 Executives from Steel & Tube NZ presented an engaging and insightful meeting to the Bay of Plenty NZ Shareholders Association in July in Tauranga. More than twenty people attended the monthly meeting lead by CEO Mark Malpass and CFO Richard Smythe. Those who knew little about the company…
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Annual Meeting Report, 1st August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 (restated) 2022 2023 Change Revenue $232.3m $236m 263.5m 12% NPAT $11.4m -$0.4m -$10.5m n/a Gross Profit Margin 43% 40% 40% n/c Inventory Turnover 6.26 5.72 5.35 -7% EPS $0.04 -$0.002 -$0.057 n/a PE Ratio 10 n/a n/a Capitalisation $39.9m…
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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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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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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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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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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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