Scrip Articles

Oceania Healthcare Limited – 2022 Annual Meeting Report

Oceania Healthcare Limited Annual Meeting Report, June 23rd 2022 Click here for NZSA Assessment and Voting intentions This meeting at Eden Park on a sunny Auckland day was a far warmer experience for Oceania shareholders than that Blues supporters had experienced a few days earlier. There were about 50 present, with a good percentage of…
Read more

Argosy Property Limited – 2022 Annual Meeting Report

Argosy Property Limited Annual Meeting Report, June 22nd 2022 Click here for NZSA Assessment and Voting intentions Argosy Property Limited (NZX:ARG) owns a portfolio of 53 commercial properties. By value, 51 % is Industrial, 39% Office and 10% retail. Also by value, 72% is in Auckland, 27 % in Wellington and only 1% in the…
Read more

NZ King Salmon Limited – 2022 Annual Meeting Report

NZ King Salmon Limited Annual Meeting Report, June 27th 2022 Click here for NZSA Assessment and Voting intentions The meeting for NZ King Salmon highlighted some disappointing outcomes over the previous year. Financial results for the year were disappointing. A heat wave in the Marlborough Sounds in January 2022 saw the loss of a quarter…
Read more

Pushpay Holdings Limited – 2022 Annual Meeting Report

Pushpay Holdings Limited Annual Meeting Report, June 16th 2022 Click here for NZSA Assessment and Voting intentions The company held its ASM as virtual only, for good reasons. Pushpay is managed in the US and focused exclusively on the US faith sector. A number of its shareholders are also US-domiciled. The Board of Directors, except…
Read more

Scales Corporation Limited – 2022 Annual Meeting Report

Scales Corporation Limited Annual Meeting Report, June 9th 2022 Click here for NZSA Assessment and Voting intentions Scales Corporation Limited (NZX: SCL) held its ASM on Wednesday 9 June 2022. This was the company’s first hybrid meeting. By my rough calculation, about 80 to 100 shareholders attended in person. I observed that at least 12…
Read more

Pushing boundaries at Ryman Healthcare?

Pushing boundaries at Ryman Healthcare? As a Ryman Healthcare shareholder, you may have been pleased to see the company recently report an underlying profit of $255 million to 31 March 2022, up 13.6% on last year; a record Australian profit; and the delivery of 711 new units and beds (292 in the first half; 419…
Read more

A fly on the wall – attending the Australian Shareholders Association (ASA) Conference

A fly on the wall – attending the Australian Shareholders Association (ASA) Conference Over the past year or so, NZSA has been quietly building a closer working relationship with our friends in Australia. We think that’s important – most of us have a more ‘regional’ outlook in our investment approach when investing in this corner…
Read more

What makes a good initial public offering (IPO)?

What makes a good initial public offering (IPO)? The key function of any capital market is to raise capital. That is not necessarily well understood by most shareholders as the primary purpose. Indeed, many investors believe that the purpose of a stock market is to facilitate trading and serve the needs of investors. In truth,…
Read more

Brian Gaynor – we will miss you

Brian Gaynor – we will miss you On May 16th, we were surprised and saddened to learn of the death of Brian Gaynor earlier that morning. Brian was a staunch supporter of NZSA, with a strong passion for “doing the right thing” for retail shareholders. He was a two-time winner of the Beacon Award (in…
Read more

Asset Plus Limited – 2022 Special Meeting Report

Asset Plus Limited Special Meeting Report, June 3rd 2022 Click here for NZSA Assessment and Voting intentions A virtual only format was an appropriate vehicle for this 30 minute, single issue special meeting to approve the sale of Asset Plus’s ‘lame duck’ unoccupied Graham Street property. Chair, Bruce Cotterill, and Stephen Brown-Thomas, from external manager…
Read more