Any shareholder in Burger Fuel is likely to be aware of the challenge received to the company’s proposed capital return by Burger Fuel’s founder (and 5% shareholder) Chris Mason. The parties (including NZSA) had their day in Court on May 8th; while there was universal agreement on the key tests required to achieve a capital…
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Listen below to this short interview with Abby Foote, NZSA’s 2023 Beacon Award winner to hear more about her views on courage, success and diversity of thought – and the value that can add to a Board. Our announcement last week recognised Abby Foote for two specific issues arising during 2023, relating to the stance…
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Annual Meeting Report, May 8th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue1 $2,500m $2,762m $3,294m $2,800m -15% EBITDA1 $125.7m $179.7m $301.3m $17.4m -94% NPAT1 $65.4m $103.8m $189.3m -$23.4m n/a EPS1 $0.65 $1.03 $1.89 -$0.233 n/a PE Ratio 3.07 3.52 1.73 n/a Capitalisation $182.5m $163.6m $95.4m -41%…
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NZSA Disclaimer NZSA plays a key role in advocating for the rights of individual investors in New Zealand’s public markets. That much is well-known, recognised by individual shareholders, directors and others in the investment community. At a fundamental level, however, our work assumes that individuals have choice when it comes to investment. And indeed, most…
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NZSA Disclaimer This article, written by Jedrzej Bialkowski and Moritz Wagner from the University of Canterbury is republished from The Conversation under a Creative Commons license. Read the original article. NZSA has a longstanding relationship with UC when it comes to researching investor sentiment. Positive investor sentiment doesn’t necessarily match the true value of stocks Jedrzej…
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Annual Meeting Report, April 18th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $78.4m $88.0m $95.7m $108.4m 13% EBITDA $34.4m $34.4m $35.1m $38.9m 11% NPAT $17.6m $15.0m $14.2m $13.6m -4% EPS1 $0.063 $0.053 $0.045 $0.042 -7% PE Ratio 31 26 27 24 Capitalisation $546m $396m $384m $327m…
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Annual Meeting Report, April 11th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Revenue $335.2m $365.6m $365.6m $347.6m -5% EBITDA $60.9m $52.5m $64.2m $54.6m -15% NPAT $14.2m $34.4m $22.7m $12.2m -46% EPS1 $0.072 $0.174 $0.115 $0.066 -46% PE Ratio 19 5 10 13 Capitalisation $288m $217m $159m -17%…
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NZSA Disclaimer On Tuesday evening 9 April 2024, close to 50 members and guests attended a presentation by NZ RegCo at the Khandallah Town Hall. Joost van Amelsfort, CEO, and Philip Solarz, Head of Surveillance delivered exactly what we had promised our members in the invitation to attend – to outline the regulatory regime that…
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Annual Meeting Report, April 3rd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2020 2021 2022 2023 Change Operating Revenue $97.4m $108.6m $110.9m $114.8m 3% Fair value adjustment $72.5m $392.5m -$56.7m -$140.8m n/a EBITDA $135.7m $472.8m -$6.5m -$98.8m n/a NPAT $113.4m $452.8m -$13.9m -$97.8m n/a EPS1 $0.224 $0.896 -$0.028 -$0.195 n/a Capitalisation $1,412m…
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NZSA Disclaimer Property investment has a long and storied history in New Zealand. It’s a sector that has thrived in the low-interest rate environment enjoyed by New Zealanders over the last decade and supported by our clear requirement for additional housing and higher-quality commercial property assets. The last few years, however, have seen some cracks…
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