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Armillary Private Capital
19-10-2010, 10:06 AM
Tecpak Industries Limited (79.4% owned by Rangatira Limited) has entered into a conditional agreement to sell 100% of its assets to Tec Projects Limited, a subsidiary of Pact Group NZ Limited. Pact Group is an Australian based private business owned by the Geminder Family.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1775

Armillary Private Capital
01-12-2010, 04:10 PM
Rangatira 2010 Interim Result

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1803

Armillary Private Capital
01-12-2010, 04:12 PM
Rangatira Ltd 2010 Half Year Report

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1804

GTM 3442
01-12-2010, 06:02 PM
Aren't these guys the investment arm of the Mckenzie Trust ?

It seems they should be a good bet for a dividend stream with a low risk. But what's the difference between the A and B shares ?

percy
01-12-2010, 06:35 PM
Aren't these guys the investment arm of the Mckenzie Trust ?

It seems they should be a good bet for a dividend stream with a low risk. But what's the difference between the A and B shares ?

The As have voting rights,and the Bs do not. This way McKenzie Trust keeps control.I had these shares a few years ago ,thought they were well managed.

GTM 3442
03-12-2010, 05:44 AM
Thanks Percy.

Armillary Private Capital
10-05-2011, 10:56 AM
Sale of Rangatira subsdiary Dunlop Living Limited
Attached media release - Sale of Dunlop Living Limited

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1844

Armillary Private Capital
10-05-2011, 10:59 AM
Sale of Rangatira associate company Te Kairanga Wines Limited
Attached media release - sale of Te Kairanga Wines Ltd

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1846

Armillary Private Capital
16-05-2011, 10:14 AM
Rangatira appoints two new directors

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1849

Armillary Private Capital
03-06-2011, 09:38 AM
Solid Result for Rangatira

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=1875

sharer
20-07-2011, 03:32 PM
Skimming thru the thread recently, a main them at Rangatira seems to have been their cashing out of various investments.
What is their investment plan thought to be, looking forward?
Is their yield improving?
As one of our charitable trusts holds the B shares, hoping for reliable dividends, any comments would be appreciated.

Armillary Private Capital
26-09-2012, 02:42 PM
Rantatira invests in fast growing services company Konnect Net

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2101

Armillary Private Capital
21-11-2012, 09:45 AM
Two new Non-Executive Directors will be joining Rangatira’s Board, Richard Wilks and Sophie Haslem.

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2133

Armillary Private Capital
04-12-2012, 08:47 AM
Rangatira Ltd Half Year Report to 30 September 2012

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2138

Rangatira Interim Result News Release

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2137

Armillary Private Capital
09-01-2013, 03:28 PM
Rangatira agrees to sell 50% stake in Contract Resources

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2151

Armillary Private Capital
09-05-2013, 09:37 AM
Rangatira has provided a shareholder update:

http://www.unlisted.co.nz/uPublic/docs/rangatir/Shareholder%20Letter%2020130405%20-%20Final.pdf

Armillary Private Capital
19-06-2013, 02:01 PM
Rangatira has announced an investment in Tuatara Brewery:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2210

Armillary Private Capital
28-06-2013, 08:36 AM
Rangatira has provided a shareholder update on its annual results:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2212

Armillary Private Capital
08-07-2013, 03:53 PM
Rangatira has annouced their annual results:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2215

Armillary Private Capital
19-07-2013, 09:01 AM
Rangatira invests in Magritek:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2246

Armillary Private Capital
19-09-2013, 12:13 PM
Chairman and CEO's addresses from the annual meeting:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2268

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2269

Armillary Private Capital
29-11-2013, 02:06 PM
Half year results announced:

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2331

http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2329

Armillary Private Capital
13-01-2014, 07:29 AM
Hellers to purchase (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2351) Goodman Fielder's meats business.

Armillary Private Capital
07-02-2014, 11:30 AM
Half year result to September 2013 announced (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2355).

Armillary Private Capital
04-03-2014, 04:09 PM
Rangatira's CEO retires (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2363).

Armillary Private Capital
03-04-2014, 12:57 PM
An updated issuer profile has been uploaded (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2371).

sharer
10-06-2014, 05:12 PM
"Fwd: Press Release: Investment Gains Deliver Strong Half Year Result for Rangatira"

Some news to lighten the overcast weather just landed in my Inbox. (go to rangatira.co.nz)

(& also support our friend above, who seems to have been left unaided on this thread!)

I've always liked having a small interest in Rangatira & following their fortunes, because of what they do with the profits, socially.
They seem like very good people & we need more like them. There, that's my rave for the day.

percy
10-06-2014, 06:17 PM
"Fwd: Press Release: Investment Gains Deliver Strong Half Year Result for Rangatira"

Some news to lighten the overcast weather just landed in my Inbox. (go to rangatira.co.nz)

(& also support our friend above, who seems to have been left unaided on this thread!)

I've always liked having a small interest in Rangatira & following their fortunes, because of what they do with the profits, socially.
They seem like very good people & we need more like them. There, that's my rave for the day.

Agree with you.!!!!

winner69
10-06-2014, 06:34 PM
Agree with you.!!!!

Roy McKenzie was a really good bloke who kept the McKenzie Trust going plus a lot other things. Roy let me drive one of his horses around Hutt Park once.

That Keith Gibson who is a director of Rangatira married into the family and took over Roy's racing interests when Roy died.

Rangatira has those good old fashioned values and principles and has really strong Board

percy
10-06-2014, 07:29 PM
Ian Frame who is retiring as CEO had an excellent record with ChCh Hospital,and ChCh buses before that.
They seem to attract the best people.
Off course our EBO chairman came from Rangatira,and he told me he first met Mark Waller when Rangatira sold something to EBO.
I used to sell library books to the McKenzie Residential school. Been through the lovely old homestead in Yaldhurst road.

winner69
10-06-2014, 07:46 PM
Roy basically built the Mary Potter Hospice in Lower Hutt.

The Mckenzie family were very down to earth people and never made much of all the good work they did

Anybody remember the old McKenzies department stores?

Armillary Private Capital
15-12-2014, 03:37 PM
First half report (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2467)and related media release (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2466).

Armillary Private Capital
10-06-2015, 04:14 PM
Media release (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2535)relating to second half performance.

Armillary Private Capital
08-07-2015, 07:59 AM
Rangatira acquires majority stake in Bio-Strategy. (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2555)

Armillary Private Capital
04-08-2015, 02:51 PM
Chair and management addresses (http://www.unlisted.co.nz/uPublic/unlisted.mt_announcement.showannouncement?p_announ cement_id=2582) at annual shareholders' meeting.

Southern Lad
09-12-2020, 09:18 PM
The half year profit announcement and dividend announced yesterday was a good step forward. Rangatira_Investments_Half_Year_Result_to_30_Sept_ 2020.pdf (usx.co.nz) (https://usx.co.nz/uploads/paperclip/documents/2176/original/Rangatira_Investments_Half_Year_Result_to_30_Sept_ 2020.pdf?1607475809)

RNG is missing a trading business producing high profit levels (as they had previously with Hellers). The change in the investment portfolio has lead to a lack of tax payments which has impacted on their ability to fully impute dividends, however as a big chunk of the company is owned by McKenzie charities I guess thus is less of a concern to them.

The listed investments disclosed at 31 March 2020 included sizeable holdings in IFT, MCY, MEL, FPH, CEN, MFT, EBO, GNE and TPW. In addition to the gain reported on public investments in the six months to 30 September, RNG will have continued their good run on these holdings in the 10 weeks since (assuming they still hold them).

Southern Lad
16-12-2020, 09:50 PM
Partners Life (5% owned by Rangatira) has agreed to purchase BNZ’s Life business for $290m:

http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/BNZ/365171/337583.pdf

Presumably this materially expands Partners Life business and helps build the scale to justify a NZX listing.

Joshuatree
16-12-2020, 10:11 PM
How have they performed for you Southern Lad.Very illiquid but with a 7% yield thats sustainable?

Southern Lad
16-12-2020, 10:39 PM
Share price has been flat the couple of years I have been in. As you point out dividend yield is better than average. Large charitable sector shareholding’s presumably encourages a steady dividend payout. Rangatira provides access to a range of smaller NZ trading businesses that not otherwise easily accessible via a listed vehicle. Good track record of capital uplift through their trading business investments.

Liquidity is an issue, but there is volume available from time to time. A case of moving quickly if you see them.

percy
17-12-2020, 06:40 AM
Business Description
RANGATIRA is a diversified investment company with assets over $200m. Established in 1937, Rangatira's portfolio is focused on middle-market private equity investments, complemented by investments in a range of publicly listed companies. Rangatira's private equity investments target established middle-market companies with good long-term growth potential. Rangatira has two types of shares, an A and a B, with B class voting rights restricted to matters directly affecting B share rights. Rangatira is 51% owned by the J R McKenzie Trust with other community and charitable organisations owning around another 15%. These holdings by charitable organisations consist mainly of B shares. Rangatira aims to add value to its private equity investments by actively contributing at management and board level, recognising the need to combine high standards of governance with sound management, effective capital allocation and a clear focus on growth and profitability. Rangatira's mission is to increase both the capital value of its shares and the dividends paid to shareholders.

Joshuatree
17-12-2020, 08:35 AM
Thanks guys.