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View Full Version : Happy Valley Nutrition IPO


trader_jackson
01-12-2019, 04:01 PM
Despite it being an NZ company, the media here don't seem to have picked up on this NZ Company doing an IPO... but yes it is - and closing very soon!

Seems like speculative stuff (at this stage) with production not due till early 2023... but potentially lucrative (especially if/when they get a 'strategic partner' locked in)

https://www.onmarket.com.au/offers/happy-valley-nutrition-ltd/investor-presentation/ (https://www.onmarket.com.au/offers/happy-valley-nutrition-ltd/investor-presentation/) (investor presentation)
https://www.hvn.co.nz/ (company website)
https://www.stuff.co.nz/business/farming/116361785/new-280-million-happy-valley-nutrition-factory-all-go (recent article about the factory)

Feel free to post any thoughts etc
Lewylewylewy
01-12-2019, 07:15 PM
Hi, we don't have a business, but we have $1.3m worth of assets, which, all up, we value at over $40m. If you pay us a bunch of money, we can start paying ourselves a nice salary and maybe we can do a business and maybe return your money one day.

... have I read all that correctly? If you'll excuse the milk pun, i just skimmed it.
trader_jackson
01-12-2019, 08:04 PM
Hi, we don't have a business, but we have $1.3m worth of assets, which, all up, we value at over $40m. If you pay us a bunch of money, we can start paying ourselves a nice salary and maybe we can do a business and maybe return your money one day.

... have I read all that correctly? If you'll excuse the milk pun, i just skimmed it.

Yes you have read it correctly... but don't all businesses start off like this? (from nothing, to something)
kiora
01-12-2019, 08:11 PM
Is this the same director mentioned?
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11932158
https://shakespearebay.com/2016/05/27/foreign-trusts-hong-kong-and-gibraltar/
Lewylewylewy
02-12-2019, 08:04 AM
Yes you have read it correctly... but don't all businesses start off like this? (from nothing, to something)

But you can buy a private business or shares in one that's managed for much less, or the same valuation but with earnings and history.
winner69
23-01-2020, 03:24 PM
Not a good debut on ASX

The 20 cent shares sunk to 13 cents soon after trading started
tipsy
23-01-2020, 03:43 PM
How did the ipo go, oversubscribed?

I was reading somewhere they need to raise a lot more money to actually get the factory built. Seems expensive at this stage with no revenue.
winner69
05-07-2023, 04:34 PM
In administration

Still building the factory