Scrip Articles

The Great Debate – Canterbury Property Investors Association (CPIA) and NZSA

NZSA Disclaimer …in the heat of the moment, everyone forgot to take photos! You’ll simply have to take it on trust that this was a great evening out, hosted by the CPIA at their usual meeting spot in the Doubletree Hilton surrounded by Hagley Park. Three presenters from NZSA (Oliver Mander, Andrew Yee and Frank Stewart)…
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BOP Branch Event Report – Simon Kebbell, Chief Financial Officer of Ports of Tauranga

NZSA Disclaimer Branch Event Report – Simon Kebbell, Chief Financial Officer of Ports of Tauranga, September 2024 Simon Kebbell, Chief Financial Officer of Ports of Tauranga, attended the September meeting of the Bay of Plenty branch. In addition to further comment on the recently released 2023/24 results, the Committee had given Simon a brief on…
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Capital Raise – a tough time for retail investors?

NZSA Disclaimer Over the last week, we have seen announcements of capital raise from both Auckland Airport (AIA) and – earlier today – Fletcher Building (FBU). Both have elements that are uncomfortable for retail investors who are unable (or unwilling) to participate. NZSA has long advocated – and prefers – a renounceable, pro-rata structure. We…
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Cooks Coffee Company Limited – 2024 Annual Meeting Report

Annual Meeting Report, September 10th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $1.7m $7.4m $6.6m $4.7m -29% Other Income $1.0m $0.6m $0.4m $0.2m -64% NPAT -$2.5m $0.00 -$3.2m -$6.4m n/a EPS1 -$0.004 -$0.008 -$0.055 -$0.106 n/a PE Ratio n/a n/a n/a n/a Capitalisation $26.4m $20.3m…
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Truscreen Limited – 2024 Annual Meeting Report

Annual Meeting Report, September 3rd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 ($000’s) 2022 ($000’s) 2023 ($000’s) 2024 ($000’S Change Revenue $1,133 $1,678 $1,662 $2,108 27% NPAT -$3,490 -$7,893 -$2,402 -$2,051 n/a Capitalisation $22.9m $18.1m $12.1m $9.4m -22% EPS1 -$0.01 -$0.022 -$0.006 -$0.004 n/a PE Ratio n/a n/a n/a n/a Current…
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Syft Technologies Limited – 2024 Special Meeting Report

Special Meeting Report, August 26th 2024 Click here for NZSA Assessment and Voting Intentions Syft Technologies Ltd (Syft) held a Special Shareholders Meeting on Monday 26 August 2024.  It was a virtual only meeting. Syft is listed on the Unlisted Securities Exchange (USX). The company is a manufacturer and provider of Selected Ion Flow Tube Mass…
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Argosy Property Limited – 2024 Annual Meeting Report

Annual Meeting Report, June 18th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $133.5m $131.6m $144.5m $153.2m 6% Revaluations Gains $157.6m $163.6m -$146.5m -$112.7m n/a NPAT $241.7m $236.1m -$80.8m -$55.3m n/a EPS1 $0.288 $0.279 -$0.095 -$0.065 n/a PE Ratio 5 4 n/a n/a   Share price…
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Stride Property Limited – 2024 Annual Meeting Report

Annual Meeting Report, July 3rd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Operating Revenue $66.4m $89.0m $94.6m $98.9m 5% Management Fees $24.2m $24.3m $23.3m $19.9m -15% Gross Profit $40.4m $46.5m $53.5m $50.8m -5% NPAT $131.9m $112.3m -$116.7m -$56.1m n/a EPS1 $0.279 $0.208 -$0.215 -$0.103 n/a PE Ratio…
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Accordant Limited – 2024 Annual Meeting Report

Annual Meeting Report, August 30th 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 (restated) 2022 2023 2024 Change Revenue $206.8m $221.5m $227.4m $212.4m -7% NPAT $6.2m $3.0m $2.0m -$10.0m n/a EPS1 $0.181 $0.087 $0.058 -$0.292 n/a Capitalisation $54.9m $64.2m $48.1m $23.7m -43% PE Ratio 9 21 24 n/a Current Ratio 0.99 1.05…
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Xero Limited – 2024 Annual Meeting Report

Annual Meeting Report, August 22nd 2024 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 Change Revenue $848.8m $1,097m $1,400m $1,714m 22% Gross Profit $730m $957m $1,222m $1,511m 24% Operating Surplus $61.7m $41.9m -$59.8m $239.6m n/a NPAT $19.8m -$9.1m -$113.5m $224.1m n/a EPS $0.134 -$0.061 -$0.75 $1.47 n/a Subscribers 2.74m 3.27m…
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