Scrip Magazine Issue: June 2022

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…
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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…
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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,…
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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…
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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…
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Event Report – “Intro to Investing”

“Introduction to Investing” – Waikato Branch Waikato Branch Event, May 31st On May 31st, Waikato Branch ran a repeat of an on-line seminar held earlier in the year. Around 200 people had registered for the presentation, titled “Introduction to Investing”. There were two speakers from Craigs Investment Partners as well as two members of the…
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Neuren Pharmaceuticals Limited – 2022 Annual Meeting Report

Neuren Pharmaceuticals Limited Annual Meeting Report, May 30th 2022 Click here for NZSA Assessment and Voting intentions The meeting opened at 2:30pm and was a hybrid meeting. Unfortunately, Neuren did not operate a video presentation so all those online received was an image on the screen and a voice. The chair delivered his address and…
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PharmaZen Limited – 2022 Annual Meeting Report

PharmaZen Limited Annual Meeting Report, May 27th 2022 Click here for NZSA Assessment and Voting intentions Pharmazen Ltd is the parent company of Waitaki Bioscience. PharmaZen has been selling into global markets under the Waitaki brand for over 20 years and considers itself to be an innovative developer, manufacturer and marketer of ‘Science-based natural nutrition’.…
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Vista Group International Limited – 2022 Annual Meeting Report

Vista Group International Limited Annual Meeting Report, May 26th 2022 Click here for NZSA Assessment and Voting intentions This was the first ASM in VGL’s new offices at the ‘City Works Depot’. Full on industrial chic and just the right fit for shareholders and staff who attended. It was also the first time the board…
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Wellington Drive Technology Limited – 2022 Annual Meeting Report

Wellington Drive Technology Limited Annual Meeting Report, May 25th 2022 Click here for NZSA Assessment and Voting intentions Despite Covid 19 disruptions, the company had a good year with revenues up 74% to $64.2 million, and EBITDA at $2.6 million. Revenues in North America and Canada were up 41%, Latin America 91%, Europe and Middle…
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