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percy
22-07-2020, 05:13 PM
There we are,front page of The Chemist Warehouse mailer,right hand side' Aiora Bone -Joint 60 capsules $19.99 100% Natural New Zealand Ingredients.
Pharmazen NZ Ltd,Christchurch.

Beagle
30-07-2020, 04:14 PM
Well with not a lot of buying support,and only three weeks until their 7th August announcement I put in an opportunist bid at 35 cents this morning. Woke someone up, who then topped me at 40 cents.Last sale price was 45 cents.Be interesting seeing what the next sale price will be.Even more interesting will be seeing whether the 7th August announcement will see the share price over 60 cents.?...lol.

SP and announcement not that far off now. Eight more sleeps to go. You've got heaps of these puppies so I suppose you feel a bit like a kid waiting for Christmas day ;)

percy
30-07-2020, 04:47 PM
SP and announcement not that far off now. Eight more sleeps to go. You've got heaps of these puppies so I suppose you feel a bit like a kid waiting for Christmas day ;)

Yes ,however mixed emotions,from excited to very excited.
Great result ..............Happy.
Not so good...............Happy.
Very poor...................Will be happy waiting for the full year's result in February/March. knowing their 2nd half is always better than their first half.Will be interested in their commentary and outlook.A lot going on with expansion and new products.
Made a mistake in an earlier post.Said the equipment for a third extraction plant was sitting in their yard.Wrong, it is the new Marine Collagen plant.
Interesting noting PAZ's share price was 19 cents on 31st July 2019.Today 55 cents..Increase of 189.47%.Wonder what it will be on 31st July 2021.?
Yes my bid at 35 cents was opportunist.But some times it pays to be the highest bidder.

whatsup
31-07-2020, 09:18 AM
Back to ATH @ .55, next cab is at .60, next results should be interesting .

iceman
31-07-2020, 09:52 AM
Back to ATH @ .55, next cab is at .60, next results should be interesting .

The 55c all but cleaned out today

Sideshow Bob
31-07-2020, 10:19 AM
The 55c all but cleaned out today

Oh, some of that would have been me.....

iceman
31-07-2020, 10:39 AM
Oh, some of that would have been me.....

Well done :-). Not much on offer at all now

Sideshow Bob
31-07-2020, 11:45 AM
Well done :-). Not much on offer at all now

Nothing through from my broker, and not sure but may have just missed them....;)

macduffy
31-07-2020, 02:01 PM
Oh, some of that would have been me.....

And a few of them are me. But it's been a slog to accumulate a modest holding!

percy
31-07-2020, 04:17 PM
Welcome onboard.
Gee Whiz PAZ's share register will be looking like a list of Sharetrader members.
Just need Vince on board, and then the train can leave the station.Toot toot....lol.

Sideshow Bob
31-07-2020, 07:03 PM
Welcome onboard.
Gee Whiz PAZ's share register will be looking like a list of Sharetrader members.
Just need Vince on board, and then the train can leave the station.Toot toot....lol.

I am on board now.....a little belatedly considering been on the radar since ages ago....or at least since a much, much lower price!

But I did feel last year that Sharetraders were definitely response for the increasing price! I'll resist making fun of Sharsies and BGI - but absolutely no comparison between companies!!

Apathy
02-08-2020, 05:14 PM
[QUOTE=percy;832879]Yes ,however mixed emotions,from excited to very excited.
Great result ..............Happy.
Not so good...............Happy.
Very poor...................Will be happy waiting for the full year's result

So......... what makes a not so good result and whats a Great result??

percy
02-08-2020, 06:59 PM
EPS Growth back over 50% and increasing.New products already hitting the market .
EPS Growth over 40%.New products not hitting the market for 3 months.
EPS Growth under 40%.New products not hitting the market until next year.
Getting close to their result, one looks for things to worry about.My major concern is new equipment may not up and operating, as Chinese technicians may not have been able to travel because of Covid 19.If his is the case new products production will be delayed.
At a share price of 55 cents, I think we are all expecting a great result.
All of a sudden Friday seems a long way away.?..lol.

Beagle
02-08-2020, 08:21 PM
For me its clear they are investing for major expansion in FY21 and beyond. I think taking into account the effects of Covid 19 and them gearing up significantly with capex and investment for major new growth initiatives and launching new brands and products I foresee FY20 as a year of consolidation building upon what they've achieved to date and looking to put in place the plant, equipment and infrastructure to massively expand in FY21.

I'm really excited about the future for PAZ. The pet supplements and treats sector is a truly massive total addressable market world-wide and with 100% clean and green N.Z. natural ingredients...

percy
02-08-2020, 08:31 PM
For me its clear they are investing for major expansion in FY21 and beyond. I think taking into account the effects of Covid 19 and them gearing up significantly with capex and investment for major new growth initiatives and launching new brands and products I foresee FY20 as a year of consolidation building upon what they've achieved to date and looking to put in place the plant, equipment and infrastructure to massively expand in FY21.

I'm really excited about the future for PAZ. The pet supplements and treats sector is a truly massive total addressable market world-wide and with 100% clean and green N.Z. natural ingredients...

Excellent post....

iceman
03-08-2020, 06:08 AM
For me its clear they are investing for major expansion in FY21 and beyond. I think taking into account the effects of Covid 19 and them gearing up significantly with capex and investment for major new growth initiatives and launching new brands and products I foresee FY20 as a year of consolidation building upon what they've achieved to date and looking to put in place the plant, equipment and infrastructure to massively expand in FY21.

I'm really excited about the future for PAZ. The pet supplements and treats sector is a truly massive total addressable market world-wide and with 100% clean and green N.Z. natural ingredients...

This is a good summary Beagle and they way I see it too. 2020 is the year we're dealing with COVID related issues, setting up factories for further growth and getting new products initial placements into the market. 2021-2023 (and beyond) is when we will see the big and exciting growth and moving onto the NZX

percy
06-08-2020, 08:00 AM
https://usx.co.nz/uploads/paperclip/documents/2070/original/PharmaZen_H1_2020_Press_Release_.pdf?1596659417

A day early.
A cracker.
Incredible.

iceman
06-08-2020, 08:18 AM
Thanks for posting this Percy. I wasn't even checking it as I expected this tomorrow. This result is absolutely outstanding. What is even more exciting is the bullish outlook and drive for further growth with new and increased production capacity for current products and others "still under wraps" !!

Despite great profits to fund the growth, clearly they will need to get more funding. They talk about a "strategic partner" in such a way that one has to assume this is already well advanced !
Hopefully they will also come to SH for some more cash. I most certainly would be happy to help in a small way to fund this great business.

whatsup
06-08-2020, 08:40 AM
https://usx.co.nz/uploads/paperclip/documents/2070/original/PharmaZen_H1_2020_Press_Release_.pdf?1596659417

A day early.
A cracker.
Incredible.


Thank you Percy, one can read so many positives into this announcement all very good for the future.

macduffy
06-08-2020, 08:42 AM
Yes, thanks, percy. A brilliant result and a great outlook!

Beagle
06-08-2020, 08:42 AM
A truly outstanding result that exceeded my best expectations. Its well worth noting that PAZ has a history of very conservative forecasting, last year at this time they forecast $2.8m NPBT and did over $4m so their full year sales and EDITDA forecast for FY20 looks very conservative to me.

Net profit up 57% to $2.9m encompassing the full period of the Covid 19 lockdown...that's truly remarkable ! This company has such an exciting future.

iceman
06-08-2020, 08:59 AM
A truly outstanding result that exceeded my best expectations. Its well worth noting that PAZ has a history of very conservative forecasting, last year at this time they forecast $2.8m NPBT and did over $4m so their full year sales and EDITDA forecast for FY20 looks very conservative to me.

Net profit up 57% to $2.9m encompassing the full period of the Covid 19 lockdown...that's truly remarkable ! This company has such an exciting future.

I agree about them being conservative in their forecasts. If we assume they achieve 57% increase in NPAT for the FY, then we are looking at a current PE of about 24-25 I reckon. Still pretty cheap for such a fast growth company !

stoploss
06-08-2020, 09:00 AM
In Percys hands we trust :t_up:

Beat the Bank
06-08-2020, 09:03 AM
How do we access this stock? Cannot find it on my ASB. I see it is on the unlisted site. Any help for a newbie would be appreciated. Thanks

stoploss
06-08-2020, 09:06 AM
How do we access this stock? Cannot find it on my ASB. I see it is on the unlisted site. Any help for a newbie would be appreciated. Thanks
Only a broker can access the trading system for this site. With DB you have to sign a disclaimer first that you appreciate there are more risks involved with stocks on the unlisted market . Then orders are via phone !! Old school love it .
I might add, maybe with more risk there is more reward ....

Beat the Bank
06-08-2020, 09:13 AM
Thanks so much stoploss

iceman
06-08-2020, 09:13 AM
How do we access this stock? Cannot find it on my ASB. I see it is on the unlisted site. Any help for a newbie would be appreciated. Thanks

Here are the brokers that deal on the USX:
https://www.usx.co.nz/brokers

But I do note DB is not on that list but I use them. You can reach their broking desk on 0800 805777

Beat the Bank
06-08-2020, 09:19 AM
Thanks Iceman. I phoned ASB and they do not offer it. I will try DB

RupertBear
06-08-2020, 10:15 AM
WOW sensational! Thanks for bringing this wee gem to our attention Percy :)

Joshuatree
06-08-2020, 10:34 AM
Up 9% to a new high 60c, expectations largely priced in atpit. Little vol, looks like many have this one tightly held, i sure have, imo one of a select few to ride through these covid times and come out on top and to sleep easy with.:t_up:

iceman
06-08-2020, 10:56 AM
Up 9% to a new high 60c, expectations largely priced in atpit. Little vol, looks like many have this one tightly held, i sure have, imo one of a select few to ride through these covid times and come out on top and to sleep easy with.:t_up:

At 60c we're still only on fwd looking PE of 23-25 for FY21 in my view. Still a very good price for such a fast growth company that has doubled profit 2 years in a row and looking at a very good FY21 with the increased production capacity fully operational.

macduffy
06-08-2020, 12:42 PM
Up 9% to a new high 60c, expectations largely priced in atpit. Little vol, looks like many have this one tightly held, i sure have, imo one of a select few to ride through these covid times and come out on top and to sleep easy with.:t_up:

Agree. Yes, tightly held, only 218m shares issued and directors, collectively, hold around 100m of them! I hold a miniscule number!

Beagle
06-08-2020, 02:58 PM
At 60c we're still only on fwd looking PE of 23-25 for FY21 in my view. Still a very good price for such a fast growth company that has doubled profit 2 years in a row and looking at a very good FY21 with the increased production capacity fully operational.

I have normalized this result for Covid by assuming they simply broke even during lockdown in April. 6/5 x $2.9m gives $3.5m, i.e. (Estimated Covid effect $600K before tax)
Last year second half profit was 22% higher and I think with new product ranges coming on stream its quite conservative to forecast 2H profit for FY20 as $3.5m x 1.22 = $4.3m which gives a forecasted FY20 net profit before tax of $2.9m + $4.3m = $7.2m or more importantly looking at profitability going forward from there a normalized FY20 result for Covid effect of $7.8m before tax or $5.6m after tax which on 218.8m shares gives eps of 2.56 cps, approx 95% gain on FY19.

On that basis at 60 cents the shares trade on a forward PE of 23 so I concur with your workings and I also agree that the prospects for growth going forward in FY21 and beyond are very encouraging to say the least. For a company growing earnings per share at around 100% per annum (assuming they meet my profit expectations for FY20) and having superb growth prospects going forward I think a PE of 23 is on the cheap, bordering on very cheap side and I would think if this was listed on the main board the market would accord them a PE considerably higher than 23, possibly 40+.

Prior to today's result I had been modelling eps for FY20 of 1.8 - 2.0 cps and thought about 50 cents was fair value. This result taking into account all the effects of Covid (not just the specific lockdown effects in April), significantly exceeded my expectations. How many companies do you know of that can grow earnings per share in the six month period of Covid 19 at 57% !...for goodness sake that's absolutely remarkable !

Disc: Topped up a few more today at 55 cents because I think they're worth at least 60 cents.

percy
06-08-2020, 03:32 PM
I have normalized this result for Covid by assuming they simply broke even during lockdown in April. 6/5 x $2.9m gives $3.5m, i.e. (Estimated Covid effect $600K before tax)
Last year second half profit was 22% higher and I think with new product ranges coming on stream its quite conservative to forecast 2H profit for FY20 as $3.5m x 1.22 = $4.3m which gives a forecasted FY20 net profit before tax of $2.9m + $4.3m = $7.2m or more importantly looking at profitability going forward from there a normalized FY20 result for Covid effect of $7.8m before tax or $5.6m after tax which on 218.8m shares gives eps of 2.56 cps, approx 95% gain on FY19.

On that basis at 60 cents the shares trade on a forward PE of 23 so I concur with your workings and I also agree that the prospects for growth going forward in FY21 and beyond are very encouraging to say the least. For a company growing earnings per share at around 100% per annum (assuming they meet my profit expectations for FY20) and having superb growth prospects going forward I think a PE of 23 is on the cheap, bordering on very cheap side and I would think if this was listed on the main board the market would accord them a PE considerably higher than 23, possibly 40+.

Prior to today's result I had been modelling eps for FY20 of 1.8 - 2.0 cps and thought about 50 cents was fair value. This result taking into account all the effects of Covid (not just the specific lockdown effects in April), significantly exceeded my expectations. How many companies do you know of that can grow earnings per share in the six month period of Covid 19 at 57% !...for goodness sake that's absolutely remarkable !

Disc: Topped up a few more today at 55 cents because I think they're worth at least 60 cents.

Thank you for sharing.
Yes their growth rate makes their PE ratio look ,[do not know the words I am looking for,] either modest or very reasonable.
Growth rate higher than their PE is great safety factor for investors.

Beagle
06-08-2020, 05:57 PM
Thank you for sharing.
Yes their growth rate makes their PE ratio look ,[do not know the words I am looking for,] either modest or very reasonable.
Growth rate higher than their PE is great safety factor for investors.

eps growth rate FY19 111%, my forecast growth rate FY20 95% = average growth rate of 103%.
Forward PE is 23 so they are on a PEG ratio of 23/103 = 0.22.

(Anyone who doesn't understand PEG ratio's should google the term and do some homework)

A PEG ratio of 1 is very cheap in this market with interest rates at historic lows. A PEG ratio of 0.5 is an extraordinary opportunity and a PEG ratio of just 0.22 is just absurd value (wake me up I must be dreaming)... which is why I bought more today and very gladly contributed to volume being 11 times the daily average (the highest volume in many months) :D

Rocky145
06-08-2020, 07:44 PM
Thanks for posting this Percy. I wasn't even checking it as I expected this tomorrow. This result is absolutely outstanding. What is even more exciting is the bullish outlook and drive for further growth with new and increased production capacity for current products and others "still under wraps" !!

Despite great profits to fund the growth, clearly they will need to get more funding. They talk about a "strategic partner" in such a way that one has to assume this is already well advanced !
Hopefully they will also come to SH for some more cash. I most certainly would be happy to help in a small way to fund this great business.

I see the strategic partner as a positive move, I am hoping this partnership should help with building a moat around the business. I am curious as to who this may be, my guess is a supplier of raw materials. With the margins being made from what is basically other businesses waste material they need to secure this supply and reduce potential competition. Speaking to Craig at the AGM a couple of years ago he saw JV's as one of there options for growth and securing supply.
The manufacturing is capital intensive, therefore sharing that load and guarantee supply is a win win, while focusing on the marketing and brand.
As for the results. - very happy exceeded my expectations, I like others didn't expect this strong for the 2020 year.
Yes Percy - we did meet at the AGM last year - pretty sure next years meeting will be more than the 10 of us sitting around the table in a BNZ meeting room. I am pleased to see this company getting the attention it deserves.
Disc. Wish I owned more and have no interest in selling anytime soon.

iceman
07-08-2020, 05:03 AM
I see the strategic partner as a positive move, I am hoping this partnership should help with building a moat around the business. I am curious as to who this may be, my guess is a supplier of raw materials. With the margins being made from what is basically other businesses waste material they need to secure this supply and reduce potential competition. Speaking to Craig at the AGM a couple of years ago he saw JV's as one of there options for growth and securing supply.
The manufacturing is capital intensive, therefore sharing that load and guarantee supply is a win win, while focusing on the marketing and brand.
As for the results. - very happy exceeded my expectations, I like others didn't expect this strong for the 2020 year.
Yes Percy - we did meet at the AGM last year - pretty sure next years meeting will be more than the 10 of us sitting around the table in a BNZ meeting room. I am pleased to see this company getting the attention it deserves.
Disc. Wish I owned more and have no interest in selling anytime soon.

A good post and welcome to the forum.
I have also been thinking that it would be great if a new strategic partner is a reliable raw materials supplier. With the growth forecast in production, the raw material supply will potentially be a weak link. It would be great if they can secure this supply and as you say, focus on production, marketing a development of further products.

percy
07-08-2020, 06:56 AM
I see the strategic partner as a positive move, I am hoping this partnership should help with building a moat around the business. I am curious as to who this may be, my guess is a supplier of raw materials. With the margins being made from what is basically other businesses waste material they need to secure this supply and reduce potential competition. Speaking to Craig at the AGM a couple of years ago he saw JV's as one of there options for growth and securing supply.
The manufacturing is capital intensive, therefore sharing that load and guarantee supply is a win win, while focusing on the marketing and brand.
As for the results. - very happy exceeded my expectations, I like others didn't expect this strong for the 2020 year.
Yes Percy - we did meet at the AGM last year - pretty sure next years meeting will be more than the 10 of us sitting around the table in a BNZ meeting room. I am pleased to see this company getting the attention it deserves.
Disc. Wish I owned more and have no interest in selling anytime soon.

I remember you.
Welcome to the forum.
Look forward to you posting often.

stoploss
07-08-2020, 08:08 AM
Anyone want to test some of the company product ,it is on sale currently . Going to try some of the Blackcurrant and bone joint ones personally.
https://www.chemistwarehouse.co.nz/shop-online/4467/aiora

DISC : Holding

Beagle
07-08-2020, 08:30 AM
Anyone want to test some of the company product ,it is on sale currently . Going to try some of the Blackcurrant and bone joint ones personally.
https://www.chemistwarehouse.co.nz/shop-online/4467/aiora

DISC : Holding

Thanks, I'm going to do the same. I reckon blackcurrants are an awesome super food. In an ideal world I'd have some fresh ones every day.

iceman
07-08-2020, 08:41 AM
Anyone want to test some of the company product ,it is on sale currently . Going to try some of the Blackcurrant and bone joint ones personally.
https://www.chemistwarehouse.co.nz/shop-online/4467/aiora

DISC : Holding

Haha. I put in an order yesterday. Thought it timely to sample some of our products.

Sideshow Bob
07-08-2020, 09:49 AM
Glad I bought into PAZ last week - thank you Percy. Probably paid about 40 cps more than should of but long-time lurker on this stock and I had some confusion with Botryzen.

Great result and very pleased to see continued traction. My feeling is that the forecast for FY seems a little on the conservative side - but happy with that and the under-promise/over-deliver mantra.

Seems they have their ducks in a row with production and future proofing for capacity - which is excellent, and obviously have the knowledge & capability in their processing.

Linking back into the supply chain seems wise - and think I have an inkling on the red meat side, but important especially if seeing continued growth in volumes - need raw material to process. Probably more importantly is the marketing, and has to be best in class (no judgement on this). I look to Blis and believe undoubtedly would have been alot more advanced had their marketing been better. If they have raw material, can process it then just leaves selling it - and those margins will start to get even juicier as volumes increase......

whatsup
07-08-2020, 04:06 PM
Very impressive buying since the last report was released , 146,000 shares traded today on top of the 350,000 shares traded yesterday, word is getting out that PAZ has a substantial business and one for the future.

Beagle
07-08-2020, 08:19 PM
Good to see good healthy two way business being done. Makes price discovery for any possible placement a lot easier.

Arthur
09-08-2020, 11:55 AM
Bought some stuff to help with the algorithm, be a bonus if it works.

percy
10-08-2020, 09:46 AM
Bought some stuff to help with the algorithm, be a bonus if it works.

Shares will hit $5.00 if it does....lol.

Sideshow Bob
10-08-2020, 10:55 AM
From todays ODT. Nothing new and their "staff reporter" didn't have to work too hard, but good publicity.

https://www.odt.co.nz/business/record-half-year-profit-dunedin-founded-pharmazen

iceman
10-08-2020, 05:46 PM
Very impressive buying since the last report was released , 146,000 shares traded today on top of the 350,000 shares traded yesterday, word is getting out that PAZ has a substantial business and one for the future.

Another 120k shares traded today. Looks like 60c is now well established

Beagle
11-08-2020, 07:34 PM
300,000 changed hands today at 60 cents. Agreed, that's the new price benchmark...for now ;)

100101
17-08-2020, 11:57 AM
All good but I am a little confused by the statement:-
We’re actively reviewing funding options to accelerate the process. The ability to maintain a very strong balance sheet through the growth and reinvestment stages provides multiple opportunities and while bank debt will form an important part, the option to bring in a strategic partner is one of several under consideration.”

I am far from knowledgable on these matters and wonder if anyone can enlighten me:-

What would such a partner contribute in product and or financials?
Would it cost PAZ's freedom so to speak?
And of course would the share price go up or be watered down?

Happily I stumbled on Paz years ago at $0.055 cents and after asb killed off the unlisted account, they just sit in the bottom draw.
Cheers

percy
17-08-2020, 03:55 PM
Until any deal is announced it is hard to guess the answers to your questions.
I would guess they would want a major supplier onboard, to secure supply.Owning shares in PAZ would give the supplier a good incentive to keep supplying them.Paying a good price for that pleasure they will know it will be used by PAZ for expansion,,which will mean they can supply more product to PAZ..Who that supplier is, or what they will supply we will have to wait and see.
Meat processor,Green lip mussels,Blackcurrants,Kiwi fruit.Could be one of them.
With the directors and their families owning so many shares, they will not want their holdings diluted for no good reason.

macduffy
17-08-2020, 07:55 PM
Could it be a partner with access to a more extensive distribution network? I admit I don't know enough about PAZ to know whether or not this would be a priority. percy's guess seems more likely? Any thoughts, percy or others?

Disc: Modest holding.

percy
17-08-2020, 08:49 PM
Could it be a partner with access to a more extensive distribution network? I admit I don't know enough about PAZ to know whether or not this would be a priority. percy's guess seems more likely? Any thoughts, percy or others?

Disc: Modest holding.

Possibly.
PAZ's AiOra and The 5th Quarter products, are I think, really designed for the Asian market,particularly China.
So a Chinese distribution partner would work.But it does not tie in with them being a NZ manufacturer of NZ sourced ingredients.
Other thoughts.
I am aware of ANZCO's partnership with Ziwi Pet Foods.
"Ziwi has also partnered with ANZCO Foods to form a new joint venture operation producing pet treats and oral health products. The New Zealand Natural Chews and Treats Company will also operate out of the Burnham site.
It was ANZCO's first foray into the pet food segment and will be providing Ziwi with grass fed products."

And Scales Corp joint venture with Alliance Group.
https://stocknessmonster.com/announcements/scl.nzx-331627/

Talleys would work for PAZ,as they are meat,seafood and vegetable processors.

And ever hopeful me.I hold shares in Silver Fern Farms CoOp so should they turn out to be PAZ's supplier/partner...lol.

macduffy
18-08-2020, 09:28 AM
Thanks, percy. Such possibilities! But would having a Chinese distribution partner need to clash with being a NZ manufacturer of NZ sourced ingredients if China is a major target market?

percy
18-08-2020, 10:08 AM
Thanks, percy. Such possibilities! But would having a Chinese distribution partner need to clash with being a NZ manufacturer of NZ sourced ingredients if China is a major target market?

I guess not.

Beagle
18-08-2020, 11:45 AM
Hey Percy, how many shares do the directors and their family trusts and interests control ? What percentage of the total shares is that ?
Without knowing the exact answer to that I know enough to be very comfortable conclude that its fair to say we can count on them to have a very strong vested interest in engineering the very best outcome of any possible placement or capital raise to supercharge this companies growth going forward.

Tony Two Gloves
18-08-2020, 12:26 PM
Hi All - First time on this post and whilst late to the party still see a lot of run way here. I am in the strange position of being totally cashed up at present and was looking at opportunities yesterday to enter some of my favourite stocks but alas they are all more expensive now and my cunning plan of well priced entry on Monday has failed dismally. So am now keen to cast the net a bit wider and reading this forum this looks to be a great opportunity especially on the forward PE for a company with so much potential. Just a quick query......I look at BLT with a market Cap of $94M compared to PAZ at $125M and not sure if its a good comparison but I see a lot more potential with PAZ although not listed on the NZX or the same liquidity - would appreciate any thoughts?

percy
18-08-2020, 01:12 PM
Hey Percy, how many shares do the directors and their family trusts and interests control ? What percentage of the total shares is that ?
Without knowing the exact answer to that I know enough to be very comfortable conclude that its fair to say we can count on them to have a very strong vested interest in engineering the very best outcome of any possible placement or capital raise to supercharge this companies growth going forward.
Total shares on issue are 218,779,344.
Directors and their families just over 107 mil shares,close to 49%.
Add in The Paterson family and a former director, say another 15.3 mil shares approx 7%
So the answer is approx 56%.However I would figure I have missed some so lets settle at close to 60%.

percy
18-08-2020, 01:21 PM
Bid 28, no stock on offer, again. Lack of liquidity is kind of annoying as I watch the volume that BlIS trade in every day, that have a lower EBITDA.

Here's a real conversation starter that I have been keeping to myself for a couple of weeks. I compared the EBITDA multiple of BLIS with PAZ, noting PAZ is growing both their top line sales and EDITDA faster that BLIS and if PAZ were trading on the same EBITDA multiple as Blis, (this comparison was done when Blis were 8 cents) fair value for PAZ if listed on the main board would be...wait for it and this is definitely not a typo, $1.35 !!

Now Blis is 9.4 cents fair value for PAZ is $1.59 on a comparative basis. Right after I did this comparative I hoovered up the 50,000 at 30 cents that went through a while back. Anyone like to put some more up at 30 cents for sale and see what happens ?

Its time for PAZ to list on the NZX. Shareholders deserve the vastly better liquidity and to see their shares valued more appropriately. I hope the Directors act on this sooner rather than later.

Brought up Beagle's post #649 on page 33 posted 12/5/2020 for Tony Two Gloves.
Perhaps Beagle would be kind enough to update it.?

Tony Two Gloves
18-08-2020, 02:28 PM
Brought up Beagle's post #649 on page 33 posted 12/5/2020 for Tony Two Gloves.
Perhaps Beagle would be kind enough to update it.?
Thanks Percy - that is very helpful info and thanks Beagle also for doing the calcs. Do many on here hold both?

stoploss
18-08-2020, 02:32 PM
Can we rename the thread ?
Percy
Appreciation
Zone

TTG, plenty on here.......

Beagle
18-08-2020, 05:57 PM
Brought up Beagle's post #649 on page 33 posted 12/5/2020 for Tony Two Gloves.
Perhaps Beagle would be kind enough to update it.?

60% vested interest in getting a great deal is quite something isn't it !

Updated situation on Blis is they grew profit very nicely by 320% for the year, (really have now built to a level of critical mass) and are now on a historic PE of 59 times v PAZ on an historic PE of 46 times.
Blis shares went backwards since that post in May but PAZ has doubled which I think underscores the value of my thinking that went into that post.

In relative terms the two shares seem much more sensibly aligned in terms of relative pricing now.

Blis's outlook statement at their recent annual meeting contained the following "Moving through the year we will continue to invest in both new market opportunities
but also our R & D pipeline to ensure this growth is sustainable into the future. In
line with this investment our full year guidance is to deliver sustained profitable
growth and an EBITDA similar to FY20". (EBITDA for them was up 130% last year and sales were up 29%).

Blis quite possibly not a bad bet now but I need to do a LOT more work on that one to see if its as robustly positioned as PAZ to cope with any possible future Covid issues.

Tony Two Gloves
19-08-2020, 10:31 AM
60% vested interest in getting a great deal is quite something isn't it !

Updated situation on Blis is they grew profit very nicely by 320% for the year, (really have now built to a level of critical mass) and are now on a historic PE of 59 times v PAZ on an historic PE of 46 times.
Blis shares went backwards since that post in May but PAZ has doubled which I think underscores the value of my thinking that went into that post.

In relative terms the two shares seem much more sensibly aligned in terms of relative pricing now.

Blis's outlook statement at their recent annual meeting contained the following "Moving through the year we will continue to invest in both new market opportunities
but also our R & D pipeline to ensure this growth is sustainable into the future. In
line with this investment our full year guidance is to deliver sustained profitable
growth and an EBITDA similar to FY20". (EBITDA for them was up 130% last year and sales were up 29%).

Blis quite possibly not a bad bet now.
Thanks Beagle - I'm now officially a shareholder in PAZ and looking forward to hopefully a long term ride

Beagle
19-08-2020, 02:31 PM
Thanks Beagle - I'm now officially a shareholder in PAZ and looking forward to hopefully a long term ride

Welcome aboard mate. The key here is to have lots of patience and simply let the compound annual growth in earnings build your wealth over the years ahead. I type this post just as much for your benefit as mine as sometimes I can be a very impatient dog...It goes against a Beagle's instincts to wait a long time for a big feed ;)

couta1
19-08-2020, 02:45 PM
Topped up my last big lot at an avg price of 46.9c about 3 weeks before results come out courtesy of what appeared to be an estate sell down. PS-Beagle just keep your dirty paws off that sell button for at least 3 yrs, repeat to yourself, I must not sell over and over whilst looking in a mirror.

Tony Two Gloves
19-08-2020, 03:01 PM
Welcome aboard mate. The key here is to have lots of patience and simply let the compound annual growth in earnings build your wealth over the years ahead. I type this post just as much for your benefit as mine as sometimes I can be a very impatient dog...It goes against a Beagle's instincts to wait a long time for a big feed ;)
Thanks very much - I believe it is customary to wait seven days before proceeding to commence ramping or does this not apply on Unlisted?? :p

Beagle
19-08-2020, 03:23 PM
Thanks very much - I believe it is customary to wait seven days before proceeding to commence ramping or does this not apply on Unlisted?? :p

:lol: :lol:

stoploss
19-08-2020, 03:28 PM
Thanks very much - I believe it is customary to wait seven days before proceeding to commence ramping or does this not apply on Unlisted?? :p

To be able to trade on unlisted you generally have to sign your life away first, so anything goes :t_up:

percy
19-08-2020, 03:34 PM
Topped up my last big lot at an avg price of 46.9c about 3 weeks before results come out courtesy of what appeared to be an estate sell down. PS-Beagle just keep your dirty paws off that sell button for at least 3 yrs, repeat to yourself, I must not sell over and over whilst looking in a mirror.

Good buying, and sage advice we should all take on board.

Tony Two Gloves.Welcome a board.
History on this PAZ thread shows all ramping has been too conservative,so shoot for the moon.!!!...lol.

Beat the Bank
19-08-2020, 03:51 PM
I joined the team yesterday at 56c after the run at 60c seemed to have stopped. It took a while to get up and running with DBroking as Paz not offered on ASB.
A good volume went through today at 55c so someone was keen to sell. Now to consider Silver Fern Farms and Beagle, we would love to hear further thoughts on Blis (or any other ideas) I have MET proceeds to invest and have enough OCA. Thanks to those who keep us well informed. (acknowledging DYOR)

Beagle
19-08-2020, 04:25 PM
Beat the Bank - I love your user handle, well chosen and welcome on board with PAZ. For what its worth I bough more GNE yesterday, expected gross yield 7.5% and got back into HLG today at $4.12, expected gross yield 9%, both bought for yield with term deposit money that had matured that the bank "kindly" offered to reinvest for me at 1.5%.

Speaking of beating the bank, (which won't be hard in this instance), I have some more money maturing next month of Kiwibonds and was "completely blown away" by their "outstanding" reinvestment rate offer of 0.25% per annum (that's not a typo !!!!!)...so I need to come up with some more idea's and will run the ruler over Blis in due course.

Those coming on board at ~ 55 cents with PAZ have got themselves a real bargain in my view. My forecast is for eps of 2.4 - 2.5 cps this year up 90-100% on last year which itself was up over 100%. Forward PE at 55 cents is just 22 times for a company growing earnings at 100% per annum. That's quite frankly ridiculous, (normal for a market PE of over 50 for a company growing at 100%) and I expect the shares to hit $1 before the end of 2021.

Beagle
19-08-2020, 04:34 PM
Topped up my last big lot at an avg price of 46.9c about 3 weeks before results come out courtesy of what appeared to be an estate sell down. PS-Beagle just keep your dirty paws off that sell button for at least 3 yrs, repeat to yourself, I must not sell over and over whilst looking in a mirror.

Dirty paws I love it :) You're quite right me ol mate. It might also be useful to tell myself while looking side on to the mirror with my fat belly fully extended, you don't need another big feed anytime soon :lol:

percy
22-08-2020, 11:19 AM
Half page advert in today's Mainlander section of The Press ,for PAZ's AiOra range.
All 50% off at The Chemist Warehouse.

Beagle
22-08-2020, 11:57 AM
Thanks for the reminder mate.
I just ordered a couple of the blackcurrant vascular, calcium and gut and brain ones and a bunch of other supplants and other vitamins from other manufacturers because I am fat and lazy and need all the support I can get :) Its not hard to spend $200+ at the Chemist warehouse !

stoploss
22-08-2020, 12:37 PM
Half page advert in today's Mainlander section of The Press ,for PAZ's AiOra range.
All 50% off at The Chemist Warehouse.
Pity we can’t get 50% off the share price :t_up:

Beagle
22-08-2020, 03:45 PM
Pity we can’t get 50% off the share price :t_up:

They ran that sale last year lol...sorry couldn't resist.

Beagle
27-08-2020, 10:39 AM
Beat the Bank - I love your user handle, well chosen and welcome on board with PAZ. For what its worth I bough more GNE yesterday, expected gross yield 7.5% and got back into HLG today at $4.12, expected gross yield 9%, both bought for yield with term deposit money that had matured that the bank "kindly" offered to reinvest for me at 1.5%.

Speaking of beating the bank, (which won't be hard in this instance), I have some more money maturing next month of Kiwibonds and was "completely blown away" by their "outstanding" reinvestment rate offer of 0.25% per annum (that's not a typo !!!!!)...so I need to come up with some more idea's and will run the ruler over Blis in due course.

Those coming on board at ~ 55 cents with PAZ have got themselves a real bargain in my view. My forecast is for eps of 2.4 - 2.5 cps this year up 90-100% on last year which itself was up over 100%. Forward PE for FY20 at 55 cents is just 22 times for a company growing earnings at 100% per annum. That's quite frankly ridiculous, (normal for a market PE of over 50 for a company growing at 100%) and I expect the shares to hit $1 before the end of 2021.

Looks like the NZX is compromised for a while. Pretty sure the unlisted market is still working...might be worth revisiting the above post...some very nice gains I've had on GNE and HLG in just 9 days since that post...PAZ next ? If a company is growing earnings at 100% per annum then the shares are worth about 8% more each month. Hmmm...maybe we should be thinking about FY21 and FY22 earnings ?

P.S. Box from Chemist Warehouse arrived today choc-a-bloc full of PAZ goodies. Took one of everything with my lunch and I'm feeling super pumped !!

Beagle
28-08-2020, 09:57 AM
https://www.aioranz.com/ These things really work !
I felt super yesterday afternoon...was almost bouncing off the walls and couldn't get my mind to stop thinking until just after midnight.
So effective its probably best to take them in the morning with breakfast so you can get to sleep at your normal bedtime.

Beat the Bank
29-08-2020, 10:21 PM
[QUOTE=Beagle;839875]https://www.aioranz.com/ These things really work !
I felt super yesterday afternoon...was almost bouncing off the walls and couldn't get my mind to stop thinking until just after midnight.

Thanks for your comments Beagle. I hear that the Cannasouth product can assist with dealing to both the medicinal and financial highs you get from PAZ

iceman
30-08-2020, 02:04 AM
[QUOTE=Beagle;839875]https://www.aioranz.com/ These things really work !
I felt super yesterday afternoon...was almost bouncing off the walls and couldn't get my mind to stop thinking until just after midnight.

Thanks for your comments Beagle. I hear that the Cannasouth product can assist with dealing to both the medicinal and financial highs you get from PAZ

Post of the week :-) Have a good weekend !!

percy
30-08-2020, 09:07 AM
[

Thanks for your comments Beagle. I hear that the Cannasouth product can assist with dealing to both the medicinal and financial highs you get from PAZ[/QUOTE]

Agree with Iceman.
Post of the week.

iceman
16-09-2020, 11:33 AM
Quite a few parcels of 20-25k shares been snapped up when offered over the last couple of weeks. Percy has given a likely explanation for this on the Skyline thread. Clearly shows that 53-55c range being a current floor on the SP that will hopefully hold until we get more announcements in March-April next year.

Caribbean
18-09-2020, 10:08 AM
Beagle I would like to query you on your FY20 EPS estimates, would you care to share your assumptions?

To get an EPS of 2.4 cps they would need Revenue of circa 25million, assuming EBITDA and NPAT margins were inline with HY20 results and no dilution. Given guidance is "At least" 21million and EBITDA of 7.4 million giving an implied EBITDA margin of 35.2% which indicates a softening of margin for the second half I can't see 2.4 cps as being realistic.

My estimate for FY20 EPS ranges from 1.7 (conservative) to 2.1 cps (Bull case) so 30-62% EPS growth

Conservative
Revenue 21,000,000
EBITDA 7,400,000 (Implied margin guidance)
NPAT 3,549,000 (NPAT margin 16.9%)
EPS 1.7 cps

Bull case
Revenue 22,000,000
EBITDA 8,333,800 (margin inline with HY20)
NPAT 4,466,000 (margin inline with HY20) EPS 2.1 cps


Of course I'm happy to be proven wrong (On the upside)

petty
19-09-2020, 07:36 AM
[QUOTE=Caribbean;844790]
giddaye.

I agree with you that Beagles revenue estimates might be a little optimistic. Although I hope he is right. I’m certainly not as bullish. I would however challenge your assumption that overheads and direct costs will remain proportionally the same. In my model I have further GM% growth and further ebit% growth.

GM % growth has been growing nicely over past three years and I wouldn’t be surprised to see this increase another 3%. Further I don’t expect overheads to grow at a proportionally same rate as revenue. I’d have a re-think of this and then play with revenue ‘scenario’s’ to get an estimate of EPS.

I’m really excited about the prospects for this company, just perhaps not as optimistic as the beagle. Woof woof.

whome
19-09-2020, 04:38 PM
Finally completed induction into PAZ. Took a good few weeks but in now and have completed my 7 day non-ramping stand-down! Reporting for ST sled duty! Got burnt with a business venture in biologicals back in the 80’s so have been a bit gun-shy about entry. The extraordinary long lead times to get regulatory approval, like 5 years Min for FDA approval and no guarantees of success are the bane of this sector. PAZ has had this part for their collagen functionals sewn up now for many years and appear to supply a Very stable market demand, no mean feat. NZ’s bio disease free status ie no FMD, no mad cow disease (the worst for human use functionals), no rabies, no blue tongue - and on it goes, and long may we be free of these diseases. All this is a great moat for PAZ now they appear to have reached critical mass, I say ‘appear’ as I still have some past report reading to do, mainly comparing margins by year. I was given comfort to join after going over the latest reports and seeing the diversification into non animal origin products that considerably de-risks PAZ while still utilising their expertise in freeze drying and the Industrial scale they have reached with this. Talk of strategic partners throws up many names. I thought of NZ Pharmaceuticals who are Just south Of Palm Nth from where they export animal origin cholines and steroids. No idea who owns them now but there wouLd be market synergies when dealing with pharma customers when selling from lil ‘ol NZ way down under! However there are lots of other non animal origin options if the derisking strategy is followed. Here’s hoping the time has come for PAZ to shine - they deserve it. Look forward to a main board listing in time!

Beagle
19-09-2020, 05:26 PM
Hi Austen,

WOW !!

I am modelling up this stock's eps for FY20
What do you think of these two assumptions ?

1. During the lockdown of April when sales reduced 45% for the month they probably only broke even for that month so the first half normalized profit would be 6/5 x $2.9m = $3.5m.

2. Last year second half net profit was 22% higher than first half. Considering new product launches then second half should be at least 22% higher than the normalized first half so second half profit should be normalized first half $3.5m x 1.22 = $4.3m so I get a full year profit forecast of $2.9m + $4.3m = $7.2m, which if we normalize this for the effects of Covid in the first half gives a normalized profit for FY20 of $3.5m + $4.3m = $7.8m.

$7.8m less tax = $5.6m = 2.6 cps, just on double last year which was more than double the year before that.

At the last traded price in decent volume of 55 cents PAZ appears to be on a forward normalized PE of 55 / 2.6 = just 21.

That seems very cheap considering their growth rate and outlook. Whoever bought more at 60 cents this morning is brave but probably very clever as FY21's profit could be an absolute cracker !!

Thanks again for putting me on to this stock, HUGELY appreciated.

Cheers
Roger
__________________________________________________ _______________________________________
I can not understand how they keep the momentum up.

"we
have also faced supply chain challenges, exchange rate volatility and difficulties accessing technical
support from our international network of equipment suppliers,”

I appreciate your figures.I think you are spot on taking the right approach of their April downturn.

As you noted second half is always a lot higher.

Funny although 22% to 23% higher seems a lot it could be even higher.

I think your looking more at next year and the following year is right.

Welcome aboard to the new young pups and please take your position at the rear of the dog sled pack and listen up carefully to the barking that went on behind the scenes between the big dogs up front on 6 August 2020.

The fact is I have taken no account of how well their new pet treats products might sell and yet the directors were very enthusiastic about this at their half year presentation. I think this is a pretty conservative approach and in Percy's reply he clearly thinks along similar lines.

PAZ has a history of being extremely conservative with its forecasting e.g. last year they forecasted $2.8m and did $4m.
I'm quite comfortable with my forecast whilst acknowledging its a very difficult company to create estimates for so probably best to call it an estimate. Its well worth noting that my estimate of 2.6 cps is normalized for the effects of Covid on their operation in April 2019. Take this normalization out and I am estimating reported eps of about 2.4 cps.

What is clear is that this company is building a base for strong growth in the years ahead.

Beagle
20-09-2020, 03:50 PM
Just want to add a couple of extra thoughts to the above initial thinking, events that have evolved since 6 August and other factors additional to the above.
Above analysis was back of the envelope stuff and essentially made an assumption with the effects of Covid 19 they merely broke even during April 2019, so the gross up of profit 6/5 to get to normalised profit of $3.5m for the half (which would have been up 90% rather than the reported 57%) took no other account of the Covid effect. That's a pretty conservative position as its clear upon further thought that the company shuttered its operations on 23 March and wouldn't have been 100% operational in May either, (were operating at 80% under Covid protection protocols).

Its clear there were impacts to March and May 2019 as well as April but further to that its clear they delayed the launch of the 5th Quarter brand due to Covid.

With the 5th Quarter brand now scheduled to be released in the current half, production in full swing, new pet treats range being released, Aiora range released late in 2019 and hopefully building brand awareness and momentum and assuming we can get a full six months production without further Covid interruption, despite the higher currency which will have some effect on margin in the second half I remain comfortable with my estimate of 2.4 cps reported or 2.6 cps Covid adjusted.

I think eps growth of 57% in the first half when one considers all the unprecedented challenges of coping with the Covid 19 is quite remarkable.

iceman
23-09-2020, 09:07 AM
Quite a few parcels of 20-25k shares been snapped up when offered over the last couple of weeks. Percy has given a likely explanation for this on the Skyline thread. Clearly shows that 53-55c range being a current floor on the SP that will hopefully hold until we get more announcements in March-April next year.

They just keep on coming and being snapped up. Interesting to watch

Entrep
24-09-2020, 07:11 PM
What’s the best way to buy these? If I have a direct broking account, maybe through Jarden?

stoploss
24-09-2020, 07:18 PM
What’s the best way to buy these? If I have a direct broking account, maybe through Jarden?
Yes, you need to place the order over the phone with them .
Firstly sign your life away on this form and send it to them .
https://www.directbroking.co.nz/DirectTrade/Downloads/DirectTrade/DL1%20Investor%20Information%20and%20Disclaimer%20 Form.pdf?version=20200924

iceman
24-09-2020, 11:03 PM
What’s the best way to buy these? If I have a direct broking account, maybe through Jarden?

DB 0800 805777. Easy, once you’ve signed up

percy
25-09-2020, 08:17 AM
Mr McIntosh said these opportunities had led the company to accelerate expansion plans. In June it
started construction on a 1000sqm facility on its Christchurch site.
“By the end of 2020 PharmaZen’s manufacturing operation will have transformed from the original
800sqm factory to facilities encompassing more than 4000sqm of production.”

Just driven past PAZ on my weekly inspection.[lol]
After weeks of work on the new factory's ground work foundations, it is pleasing to see the big concrete floor pour is now completed.Think things will move along quickly now.

Beagle
26-09-2020, 07:05 PM
Sounds good Percy. If they keep doubling profit every year it won't take all that long for the share price to be $2. :t_up:

Beagle
08-10-2020, 07:28 AM
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12370955

percy
08-10-2020, 07:44 AM
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12370955

Thanks to ChCH Library "Press Reader" I managed to access the article.
Certainly would make it very easy for PAZ to shift to NZX.

Beagle
11-10-2020, 03:57 PM
Thanks to ChCH Library "Press Reader" I managed to access the article.
Certainly would make it very easy for PAZ to shift to NZX.

Yes it certainly does. Time for PAZ to do the placement deal they have been rumoring and list on the NZX I reckon.

Beagle
28-10-2020, 12:11 PM
https://www.chemistwarehouse.co.nz/buy/98709/aiora-vascular-vision-blackcurrant-30-capsules

I think of the new Aiora range these are my favorite and I reckon they really make a positive difference to my eyes. Lot less eye strain and issues with eye focus and eye tiredness and I'm not getting the problems I occasionally used to get with my eyes in this regard https://www.mayoclinic.org/diseases-conditions/subconjunctival-hemorrhage/symptoms-causes/syc-20353826.

Not cheap at nearly a $1 a tablet but really worth it in my opinion.

Wouldn't surprise me in the slightest if this new range is going gangbusters but I guess we have to wait until late March or early April 2021 to find out more.

whatsup
09-11-2020, 03:25 PM
Lazy me but when are we expecting the next release of the financials, early next year ?

percy
09-11-2020, 04:27 PM
Lazy me but when are we expecting the next release of the financials, early next year ?

As Beagle posted late March or early April next year.

stoploss
11-11-2020, 06:16 AM
Beagle I know you like a bargain
https://www.chemistwarehouse.co.nz/search?searchtext=Aiora&searchmode=allwords

Beagle
11-11-2020, 11:05 AM
Beagle I know you like a bargain
https://www.chemistwarehouse.co.nz/search?searchtext=Aiora&searchmode=allwords

Thank you I do. I like the Vascular + Vision and the Gut and Brain ones in particular, (ordered some more). As well as those I have been taking Micro Genics 10,000 mg odorless Garlic tablets on the recommendation of Couta1, thanks mate, and Swisse wild oil fish tablets, (take 10 a day, don't muck about with smaller quantities of those, took me years to learn that), as well as Blackmores executive B stress tablets. I feel like a supplements junkie lol

Got a really good blood pressure reading from the Doctor yesterday, (for a somewhat fat, older and stressed dog) but I am now confused as to which of the above is doing the trick so have to keep taking them all :t_up:

percy
11-11-2020, 03:30 PM
Progress is being made on the new additional factory at PAZ's Port Hills site.
Concrete floor finished, and the steel frame work is in place.
Today when I drove past I was expecting to see the roof being worked on,but instead I see they are well under way on one of the walls.Going by the number of cars, staff numbers have increased.

I have recently started using AiOra Bone + joint capsules.My worn out hip is a lot better and walking is a lot easier .Still early days,but so far I am impressed with the results.Taking two a day.

stoploss
11-11-2020, 04:47 PM
Progress is being made on the new additional factory at PAZ's Port Hills site.
Concrete floor finished, and the steel frame work is in place.
Today when I drove past I was expecting to see the roof being worked on,but instead I see they are well under way on one of the walls.Going by the number of cars, staff numbers have increased.

I have recently started using AiOra Bone + joint capsules.My worn out hip is a lot better and walking is a lot easier .Still early days,but so far I am impressed with the results.Taking two a day.
Percy do you have a new job , site foreman ?

Beagle
11-11-2020, 09:20 PM
Progress is being made on the new additional factory at PAZ's Port Hills site.
Concrete floor finished, and the steel frame work is in place.
Today when I drove past I was expecting to see the roof being worked on,but instead I see they are well under way on one of the walls.Going by the number of cars, staff numbers have increased.

I have recently started using AiOra Bone + joint capsules.My worn out hip is a lot better and walking is a lot easier .Still early days,but so far I am impressed with the results.Taking two a day.

Thanks. Good to know. Might get Mrs B on to them...both her knees are not the best. Appreciate the update on construction. It would seem we're "building" a promising future.

percy
13-11-2020, 10:40 AM
My right hand hip will most probably need replacing at some stage.Since stopping selling books it has improved

3 years ago Xrays showed it will need to be replaced at some stage.Doctor said they do not replace until it needs to be done ,even going private.

I was told to try Glucosamine tablets.You start with 2 a day then go onto 1 a day.They seemed to help.

I started taking 2 Aiora Bone+ Joint tablets a few days ago.

I have 1 glucosamine tablet first thing in the morning and two Aiora tablets at lunch time.

The results so far with the Aiora tablets have been out standing.

Walking freely without any discomfort.

Early days,yet I think they are really doing the trick.

Beagle
13-11-2020, 03:20 PM
That's really awesome news Percy. I am really happy for you. A bad hip can really undermine one's quality of life. I just ordered some for Mrs B. Really hoping it makes a big difference for her. My new shipment of 2 x Vascular and vision and gut and brain tablets arrived this afternoon. I can really notice the difference with eye strain and vision clarity with the Vascular + Vision tablets.

macduffy
13-11-2020, 03:28 PM
Now, if I wasn't a shareholder too, I'd swear that you two were in cahoots running a snakeoil game!

;)

No, just kidding. If I didn't take so many "conventional" drugs and wary of the side effects I'd be trialling some of the PAZ pills too.

percy
13-11-2020, 04:50 PM
I sent basically post #855 to Craig McIntosh, CEO of PAZ.and below is his reply.The AiOra product I am using is their Bone + Joint.capsules

"This is great to read – it’s a really good product and what I like is most people see the results pretty quickly in terms of hair and nails – nails especially you can see get stronger and grow faster and I always say if it does that for the bits you can see then its got to be doing good for the other bits.
Normally for pain we point people to greenshell mussel but the bone and joint is I think a repair and lubricate job – 3 types of collagen plus calcium."

macduffy;I would suggest you order some from The Chemist Warehouse, and when they arrive show the ingredients label to your doctor,before you start on them.If he does not want you on them, give them to a friend who has either a dodgy knee or hip.

Caribbean
16-11-2020, 07:43 PM
How many more shares does that large holder have who has been selling down?

couta1
17-11-2020, 11:45 AM
How many more shares does that large holder have who has been selling down? Percy has an awful lot.:cool:

percy
17-11-2020, 11:57 AM
How many more shares does that large holder have who has been selling down?

If it is the person I think it,and he is selling for estate reasons [his wife died recently] he has a long way to go, as he held just over 6 million shares in three separate entities.He brought in at 7 cents and topped up at 14 cents.If it is not him, there are a few holders who hold 500 thousand shares,so could be one of them. If it is one of them, they have not many more left to sell.We know it is not one of the directors or any of their family.I doubt we will see another full shareholders list until April next year,so until then I am only guessing.
couta1.I have only ever brought PAZ shares.

peat
17-11-2020, 12:00 PM
remember Promisia tho... supplements can work well and then regulators have a hissy fit.

couta1
17-11-2020, 12:01 PM
If it is the person I think it,and he is selling for estate reasons [his wife died recently] he has a long way to go, as he held just over 6 million shares in three separate entities.He brought in at 7 cents and topped up at 14 cents.If it is not him, there are a few holders who hold 500 thousand shares,so could be one of them.We know it is not one of the directors or any of their family.
couta1.I have only ever brought PAZ shares. Yes the good times have only just started for this company. PS-I picked up quite a few during the last estate sell down in July and got my holding over that 500k mark.

percy
17-11-2020, 12:03 PM
Yes the good times have only just started for this company. PS-I picked up quite a few during the last estate sell down in July and got my holding over that 500k mark.

Must admit somehow I feel you are "well positioned"...lol.

Caribbean
17-11-2020, 01:44 PM
Appreciate your thoughts Percy, cheers. In the meantime ill keep doing my part.
A lot to look forward to in 2021 for PAZ

petty
19-11-2020, 12:46 PM
Not sure if others have views on this but I would love to see PAZ increase (double) their marketing as % of sales from currently 4.2% to 8%ish. I would suspect their product category, previous growth and future growth aspirations would warrant additional spend in this area. Consider ATM, (and let this not be about ATM. Jeez enough of a debacle on the ATM thread at the moment) but they spend circa 10-12% of revenue on marketing. 2.5 times PAZ. Now I'm in now way comparing companies nor suggesting they are like ATM but I would have thought additional spend in this area would be capital well invested?
Thoughts?

percy
19-11-2020, 02:45 PM
https://www.usx.co.nz/uploads/paperclip/documents/1822/original/Gregory_Paul_Shepherd_Bio_-_MF.pdf?1559179894
Above is director Greg Shepherd Bio.
Pretty experienced.

iceman
19-11-2020, 08:01 PM
Not sure if others have views on this but I would love to see PAZ increase (double) their marketing as % of sales from currently 4.2% to 8%ish. I would suspect their product category, previous growth and future growth aspirations would warrant additional spend in this area. Consider ATM, (and let this not be about ATM. Jeez enough of a debacle on the ATM thread at the moment) but they spend circa 10-12% of revenue on marketing. 2.5 times PAZ. Now I'm in now way comparing companies nor suggesting they are like ATM but I would have thought additional spend in this area would be capital well invested?
Thoughts?

I don’t think there is any need for that at the moment. We’re currently building increased production capacity and securing sufficient and stable supply. Increased marketing spend may be required when
new production lines are fully up and running

Beagle
19-11-2020, 09:04 PM
https://www.usx.co.nz/uploads/paperclip/documents/1822/original/Gregory_Paul_Shepherd_Bio_-_MF.pdf?1559179894
Above is director Greg Shepherd Bio.
Pretty experienced.

Very impressive indeed. Very rare for a small company like PAZ to be able to attract that sort of highly experienced talent !!

I can't help wondering how their new pet treats division is starting to ramp up ? Many people are totally crazy about their pets and no treat is too good for their family member. Of course I can't say I am unbiased so I could just be projecting my own love of dogs. Owning dogs is so much more rewarding than having kids, (oh my goodness did I really say that out loud) :blush:

whatsup
20-11-2020, 08:28 AM
https://www.usx.co.nz/uploads/paperclip/documents/1822/original/Gregory_Paul_Shepherd_Bio_-_MF.pdf?1559179894
Above is director Greg Shepherd Bio.
Pretty experienced.

What a great coup in
a) attraction Greg and
b) hiring him ,
I expect good achievements from this appointment, well done management.,

iceman
20-11-2020, 02:33 PM
Just to be clear Greg has been a Director for 18 months, so not a new appointment

McPussPuss
23-11-2020, 09:45 AM
There is a lot of volume going through on a regular basis. The price is holding firm nicely against this possible estate liquidation.

Obviously some astute investors are getting 'well positioned' for the promising 12 months ahead.

Arthur
24-11-2020, 10:10 AM
Very impressive indeed. Very rare for a small company like PAZ to be able to attract that sort of highly experienced talent !!

I can't help wondering how their new pet treats division is starting to ramp up ? Many people are totally crazy about their pets and no treat is too good for their family member. Of course I can't say I am unbiased so I could just be projecting my own love of dogs. Owning dogs is so much more rewarding than having kids, (oh my goodness did I really say that out loud) :blush:

Is he related to Dr Max Shepherd? (founding chair)

percy
24-11-2020, 01:08 PM
Is he related to Dr Max Shepherd? (founding chair)

Yes ,son..............................