Scrip Magazine Issue: August 2023

Metroglass a plaything for wealthy private investors

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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Truscreen Limited, Annual Meeting 2023

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Green Cross Health Limited – 2023 Annual Meeting Report

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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Oceania Healthcare Limited, Annual Meeting 2023

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Fisher & Paykel Healthcare Corporation Limited, Annual Meeting 2023

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Rangatira Limited – 2023 Annual Meeting Report

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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Kingfish Limited – 2023 Annual Meeting Report

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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Radius Residential Care Limited – 2023 Annual Meeting Report

Annual Meeting Report, 3rd August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $126.0m $136m $150m 10% NPAT $1.7m $2.7m -$2.1m n/a EPS1 $0.01 $0.01 -$0.007 n/a PE Ratio 61 35 n/a Capitalisation $104.1m $94.2m $58.4m -44% Current Ratio 0.69 0.73 0.61 -17% Debt Equity 10.35 3.14 3.89…
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Ryman Healthcare Limited – 2023 Annual Meeting Report

Annual Meeting Report, 27th July 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Operating Revenue $455m $507.8m $571.0m 12% Fair Value Movement $417m $746m $431.5m -42% Total Revenue $872.6m $1,254.7m $1,002m -20% NPAT $423m $692.8m $257.8m -63% EPS $0.864 $1.39 $0.375 -73% PE Ratio 16 7 17 Capitalisation $6.5b…
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AFT Pharmaceuticals Limited – 2023 Annual Meeting Report

Annual Meeting Report, 4th August 2023 Click here for NZSA Assessment and Voting intentions Metric 2021 2022 2023 Change Revenue $113.1m $130.3m $156.6m 20% NPAT $7.9m $19.8m $10.6m -46% EPS $0.074 $0.19 $0.102 -46% Inventory Turnover 2.28 2.04 2.20 8% Gross Margin 43% 47% 47% n/c PE Ratio 60 20 37 Capitalisation $481m $429.3m $401.6m…
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