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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Annual Meeting Report, March 26th 2024 Click here for NZSA Assessment and Voting Intentions The purpose of the Special Meeting was to consider a proposal (and related resolutions) to internalise Goodman Property Trust’s management from Goodman Group (GMG) to a company to be controlled by unitholders, Goodman Property Services (NZ) Ltd. GMT set out the…
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NZSA Disclaimer What a privilege it has been to travel around the country to be part of the delivery of Cooking the Books Live with Frances Cook and her panels of women members of NZSA. We set out to facilitate a national conversation, run by women for women, that empowers women by showing what’s possible.…
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NZSA Disclaimer Guanglin “Alan” Lai probably thought it was in the bag. After all, with Agria’s 44.3% shareholding, it would be tough to overturn a proposal (announced on February 13th) to remove three independent directors from the Board and elect three new independent directors, plus himself. Yet, the recent action by Agria in flexing its…
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