NZSA Disclaimer It’s hard to believe KiwiSaver is now old enough to vote. Having just turned 18, it’s moving beyond its “teenage” years into something resembling financial adulthood. July 2007 seems like such a long time ago. And like any young adult, it’s showing signs of independence and maturity. From $28.5 billion spread across 2.5m…
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NZSA Disclaimer Many shareholders and investors will have observed the events at Rakon over the last week, starting with the company’s announcement and notice of meeting issued on August 4th. The announcement noted that the election of three independent directors would not be supported by major shareholder Brent Robinson, his related family interests (19.67%) nor…
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NZSA Disclaimer This list of free investment information sources has been compiled by an NZSA committee member to assist investors in accessing high-quality, publicly available content. These platforms provide regular market commentary, insights, and analysis from a range of financial professionals. While some include advertising or promotional material, the underlying information is often of practical…
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It’s been an interesting last four weeks for Metro Performance Glass. The sequence of events was well-covered by media in July (and an NZSA Briefing commentary), beginning with the receipt of a non-binding indicative offer (NBIO) at $0.18 per share received by the company’s Board on the morning of July 18th. The offer was backed…
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Annual Meeting Report, 31st July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 (restated) 2023 Change Revenue $570.4m $478.1m $493.6m 3% NPAT $21.0m $33.1m $50.5m 53% Profit attributable to shareholders $16.8m $23.9m $45.2m 89% EPS $0.117 $0.167 $0.315 89% PE Ratio 10 7 5 Current Ratio 0.89 0.91 1.28 37% Debt…
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The following content is accessible for members only or to users who have purchased specific content. Please sign in with your details below. Loading… If you’re not yet a member, join now for access to a whole lot more! The following content is accessible for members only or to users who have purchased specific content.…
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The following content is accessible for members only or to users who have purchased specific content. Please sign in with your details below. Loading… If you’re not yet a member, join now for access to a whole lot more! The following content is accessible for members only or to users who have purchased specific content.…
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Annual Meeting Report, 31st July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Capitalisation $221m $248m $296m 19% Revenue $123.8m $132.6m $194.0m 46% NPAT $11.7m $10.0m $26.2m 162% Attributable to Equity holders $9.9m $9.1m $20.4m 124% EPS $0.557 $0.515 $0.974 89% PE Ratio 22 27 15 Current Ratio 1.65…
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Annual Meeting Report, 4th August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $5.5m $9.3m 9.0m -3% Change in Investments $150.5m -$20m -$23.7m n/a NPAT $142.7m -$17.3m -$19.5m n/a Mkt Capitalisation $627m $517m $432.6m -16% Mgmt Fee (cps) 1.82cps 1.67cps 1.06cps n/a Performance fee (cps) 2.02cps n/a…
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