Scrip Magazine Issue: October 2023

Cooks Coffee Company Limited – 2023 Annual Meeting Report

Annual Meeting Report, September 26th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Operating Revenue $1.7m $7.4m $6.6m -10% Other Income $1.0m $0.6m $0.4m 41% NPAT -$2.5m $0.00 -$3.2m n/a EPS1 -$0.004 -$0.008 -$0.055 n/a PE Ratio n/a n/a n/a Capitalisation $26.4m $20.3m $13.4m -34% Current Ratio 0.38 0.44…
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Greenfern Industries Limited – 2023 Annual Meeting Report

Annual Meeting Report, September 29th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $47k $213k $551k 158% Gross Profit $34.4k $6.2k $487k n/a NPAT -$1.3m -$2.1m -$2.0m n/a Gross Profit Margin 74% 3% 88% n/a EPS1 n/a -$0.02 -$0.02 n/c PE Ratio n/a n/a n/a Capitalisation n/a $11.2m…
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Air New Zealand Limited – 2023 Annual Meeting Report

Annual Meeting Report, September 26th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $2,517m $2,734m $6,330m 132% Operating Earnings $334m -$4m $1,286m n/a NPAT -$289m -$591m $412m n/a EPS1 -$0.257 -$0.175 $0.122 n/a PE Ratio n/a n/a 6 Capitalisation $1,011m $2,189m $2,627m 20% Current Ratio 0.35 0.79 0.85…
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Remuneration: when is it simply too much?

NZSA Disclaimer There has been an emerging trend during 2023. Clearly, the ‘cost of living’ crisis impacting the lives of most New Zealanders at the supermarket each week is weighing on the minds of directors when it comes to their own pay and that of their CEO’s. This week’s blog article focuses on the real-life…
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New Talisman Gold Mines – 2023 Annual Meeting Report

Annual Meeting Report, September 6th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $248k $0.00 $0.00 n/a Operating Expenses $764k $1,067k $1.1m 7% NPAT -$518k -$5.7m -$2.7m n/a EPS1 -$0.0002 -$0.0018 -$0.0064 n/a Capitalisation $8.4m $9.6m $8.0m -13% PE Ratio n/a n/a n/a   Current Ratio 9.73 3.91…
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Black Pearl Group – 2023 Annual Meeting Report

Annual Meeting Report, September 4th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2022 2023 Change Revenue $0.7m $1.4m 97% Gross Profit $0.2m $0.7m 264% NPAT -$4.3m -$6.9m n/a Gross Profit Margin 26% 49% 85% EPS1 -$0.123 -$0.195 n/a PE Ratio n/a n/a   Capitalisation $37.1m $15.2m -59% Current Ratio 3.21 0.70 -78%…
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2 Cheap Cars – 2023 Annual Meeting Report

Annual Meeting Report, September 28th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $66.1m $66.0m $82.7m 25% NPAT $3.2m $2.6m $1.3m -50% Gross Profit Margin 22% 22% 18% -17% EPS1 $0.07 $0.057 $0.028 -50% PE Ratio (historic) 17 10 22   Capitalisation $52.8m $30.5m $13.2m -57% Current Ratio…
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Steel & Tube Holdings Presentation – Waikato Branch, August 2023

On 31 August, our guest speakers were Mark Malpass (CEO) and Richard Smyth (CFO) of Steel & Tube Holdings.  The overall purpose of the company is  ‘Making Life Easier for Customers needing Steel Solutions”. Steel is one of the world’s most essential and sustainable building products, used for seismic strengthening, rebuild activity and essential water…
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’tis the season of shareholder meetings

NZSA Disclaimer This is always a tricky time of year. In the 10 weeks from mid-September to end-November, NZSA expects to cover around 70 shareholder meetings – around half of our annual coverage. This is not unusual. Each year, NZA undertakes a review of shareholder meetings with our 2022 review data showing that if anything,…
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Mercury Limited – 2023 Annual Meeting Report

Annual Meeting Report, September 19th 2023 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 Change Revenue $2,045m $2,188m $2,730m 25% EBITDAF $463m $581m $841m 43% NPAT $141m $469m $103m -78% EPS1 $0.101 $0.335 $0.074 -78% PE Ratio 68 18 86 Capitalisation $9.5B $8.2B $8.9b 8% Debt Equity 0.91 1.03 0.94 -9%…
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