3,570,000 traded at 15 cents so far today.
I suspect Suse got his/her a/c up and running.!.lol.
Printable View
3,570,000 traded at 15 cents so far today.
I suspect Suse got his/her a/c up and running.!.lol.
As far as I can find out, it is an original director/shareholder who did not want PAZ to spend the big dollars on expansion.
He resigned as a director a number of years ago,and has been slowly feeding shares on to the market,rather than just dumping his shares.The retiring Chairman,the new Chairman,director Wayne Burt,the CEO,and the JBWere shareholding, all added to their holdings,as did I ,and another large shareholder, in the capital raise.None of us have sold any.
As at last September the seller had just over 19mil shares.I do not know how many he currently holds .
Thanks percy, gives me an understand on the situation, imo until this position is sorted the future of PAZ will de driven by its results, I guess that this is the disadvantage of the unregulated unlisted market, no insider updates of their share holdings, buying, selling
and current share holdings.
Welcome aboard Iceman.
I can't find out how many the big seller has left to sell,as all I have is The NZ Companies Office list of shareholders as of September last year.
Very roughly over 19 mil shares have been sold over the past 6 months,although PAZ site shows 21.5mil traded during the past year.Very few were traded in the first half,so perhaps there may have been over 19 mil traded in the past 6 months.
I would guess most have come from the large seller who had 19 mil shares.
Therefore the big seller may have less than 5 mil left yet to sell,perhaps fewer.
I may be over optimistic, but I think once these 5 mil,or less, find a nice happy caring home, we will see the sp over 20 cents.
This will off course be helped by Sharetrader's being able to buy via Direct Broking.
New high @ .16 for 121k shares traded today , next stop Im picking .20 !
Here is the latest list
https://app.companiesoffice.govt.nz/...59679964B28DC5
18 million held by craigs custodial services where the sell down is coming from i think? hard to seperate out clients who are holding and who are selling. My name is not listed for example.
Hell of alot of unmarketable holdings there. minimum buy on unlisted i think is 20,000.
Fantastic.Thank you.
Our big seller was the only large shareholder to have sold any,since September.
With over 12 mil shares traded since March my guess of 5 mil left may not be too far out.
Will have to wait for the next updated list.
Both my wife's holding and my holding are correct.
ps.How did you locate that list.?
Thats the 0.16 all soaked up. Now onto 0.17
425k sold today another good day, if PAZ was on the main board it would gain the attention of some instos that cannot trade on the unlisted ex but that the way things are atm.
Half a cent rise. I'll still take it.
I notice on www.usx.co.nz PAZ, announcements,board changes,an interesting bio on Greg Shepherd.
Whoopppeeeee 17cents.!!
Yes great liquidity.
330,000 sold today another good trade today, word must be getting out that PAZ is/has been under the radar but Im picking it wont be for long.
Some 10,000 changed hands so far today
looks like perhaps one buyer of 15,000 filled their order. Another buyer sitting there at 0.17 for 6,500. At that level, no reason why they shouldn't capitulate and accept current 0.18 offer.
(better to get in at 0.18 rather than miss the bus and then have to pay 0.20)
Just in case any Sharesight users on here, like me have not known how to enter Unlisted shares into it, here is a response from Sharesight with a link to an easy guide:
"Thank you for contacting Sharesight & apologies for the delay in response as we are experiencing a long queue. You should be able to enter your unlisted NZX instruments as a custom investment but will not able to track them as Sharesight does not support them. You will need to update the share prices, record dividends & trades to receive up to date performance information." https://help.sharesight.com/au/unquoted-instruments/
Went to LINK Invester Centre website today to check my holdings and they have PAZ share price @ $0.052 :eek2: almost gave the Bear a heart attack! What is that about? :confused:
I spoke to Direct Broking about it on Monday as they show PAZ at $1.00, which of course makes my portfolio look very good. They told me the unlisted does not provide a link for automatic updates so they need to do it manually. I note they still haven't done it and assume LINK is the same, simply don't update the prices.
Only because we need a daily dose of good news - SP now $0.18.
Someone tried to nobble the price at $0.175 - but the Ring Master is holding firm at $0.18. He'll probably let a few more slide through then it will be $0.19. I'm liking the liquidity!
266,000 traded today small amount available at .18, next stop .19 then .20 .
And to think I was thinking buyers had either run out of steam or money.
IMO The way PAZ is travelling so far this year it could be a contender for the best appreciated share in NZ.
Well I wonder what will happen to the sp this week? Probably keep going up me thinks :D
Another 100K traded again today @ .19, seems as that is the ceiling price for now until there is a company update or another earth mover ann .
In total 500,000 traded this morning [so far] at 19 cents.
Seller has not reloaded as yet.
Buyer of 264,029 still on the buy side at 18 cents,but no sellers.
He's back at $0.20
New ATH @ .195 all be it on small volume , 30,000 shares.
On the road again, 230,000 @ .20 traded today, 114,000 wanted @ .20 and none on offer, whatsup ?
I don't know what's up whatsup,however I am enjoying it..lol
Do not know.The last time I spoke to the CEO, just before the agm,he said there was a spread of buyers.
We know there are no intos onboard,yet there has been very heavy buying.
One chap who was at the agm has stated he brought [a good lot] at 13 cents.
I know of a couple of people who have brought some at 14 cents,but not the kind of volume going through.
Total madness, but I did think it could be some company such as SCL.
There was a broker from Hobson Wealth at the agm,perhaps he is recommending them.?
There were two other large holders ,not directors ,at the agm ,perhaps they are fired up.{ I did send an email to one of them,pointing out the growth rate being twice the PE].Sorry such a long post admitting I would not have a clue.
We will have to wait until the next shareholder update, at the companies office,to find out the answer.
P, Thank you for that obviously PAZ is on someones radar based alone on recent turn over, I know that insto cannot invest in companies on the unlisted ex so if we are to gain recognition from all parties we need to be on the main board which would mean lots of new rules to comply with-- not a bad thing either as we would have a different exposure.
What I cannot understand is that yesterday and today shares were traded in PAZ and still the 35,971 shares are on offer while approx. 100,000 shares were traded , does this mean that they were traded off the united platform, if that is correct how does that happen, is a broker contacting a share holder direct to implement a trade.
I thought that all trades in the unlisted market had to go through the unlisted platform !
Offers @ .21 and .22 atm.
Nigh on a $44 million mkt cap now!!
There you go a trade at .21 , are the half yearly numbers out early ?
We all know that liquidity on unlisted is, and can be a very big issue.
We are now seeing that with PAZ,with a lot of shares offered for sale at 20 cents and above.
Buyers have gone on holiday,with the highest buyer at 14 cents.
What has surprised me is the huge number of shares traded at increasing prices over the past 8 months or so.
I need an interpreter for Lola :confused:
August 1, 2019
Press Release
PharmaZen pre-tax profit jumps 134% to $1.83 million for the half year.
It has taken biotechnology company PharmaZen Limited just six months to surpass its record full year result of 2018.
Sales for the six months to June 30, jumped 50% to $8.312m from the prior year figure of $5.561m and pre-tax profit increased 134% from $785,000 to $1.839m.
The full year 2018 result was a pre-tax profit of $1.792m on turnover of $12.573m.
Based in Christchurch, PharmaZen is an innovative developer, manufacturer and marketer of science-based, natural, nutritional ingredients. Shares in PharmaZen are traded through the Unlisted securities trading platform.
Managing Director Craig McIntosh described the result as being exceptionally pleasing.
“Our 2018 result gave shareholders a glimpse of the business’s potential as our long-term investments started to come on stream. The first six months of 2019 reinforces that performance but also starts to add some magnitude to the potential,” he said.
The full year pre-tax profit for the company was forecast at the company’s AGM to be $2.8m on turnover of $14.5m. McIntosh advised that the board of directors has since signed off an upgraded full year forecast of $3.9m pre-tax profit on $16.5m turnover.
“While we to tend to err on the conservative side, the first six months have been well beyond expectations and it is an absolute credit to the staff and management that they have been able to accommodate such an increase.
“Not only has the company benefited from the strong demand, but it has also had a six-month run without any major disruption with capital projects.”
McIntosh believes this is a combination of timing and experience gained from prior projects; however, is quick to emphasise it doesn’t mean things are slowing down in terms of expansion.
“We have the resin column plant all onsite and ready for installation and the building fitout for our finished product range is largely complete. The equipment for the facility will arrive over the next two months and will enable us to produce a complete range of finished products – soft gel oils through to hard shell capsules.”
PharmaZen has also commenced design work for a 1,200 sqm building on their adjacent Nuttall Drive properties.
McIntosh was reluctant to divulge what the building would be housing but confirmed it would complete the fullsite development.
“There are a couple of gaps left in our technology portfolio that we would like to have on the current site and we are looking to move our research and development department into a purpose-built facility. This will reinforce the site as our centre of excellence while at the same time allowing expansion in other geographically advantageous locations,” he said.
The management team has also been strengthened with the appointment of Katherine Reardon to head Sales and Marketing for consumer brands.
“Katherine comes to us with extensive industry background and is the ideal person to assist us launch our ranges domestically and internationally.”
The company is in the final stages of strengthening its product development function with further appointments.
Further information : Craig McIntosh, P : (03) 337-4852 | 021-372-069
An awesome result.
WOW, That's interesting 500,000 @.20 worth $100 k traded on opening this morning , word must be getting out that PAZ is truly a turnaround story now.
Well done all holders, where to from here as Im reading that there is much more to come as product line and the new facilities come on line , is there opportunities into China available with the increase in manufacturing ?
1,270,000 shares traded so far today and heading for ATH !!!
In the annual report,the outlook statement features two brands,Airoa and The 5th Quarter,both designed for the Asian markets,including China.
Also in 1st August announcement;"the equipment for the facility will arrive over the next two months and will enable us to produce a complete range of finished products - soft gel oils through to hard shell capsules."
Remember "traceability" and "provence".The Chinese like to buy the same NZ product that is avaliable to NZders, in NZ.Therefore we will see PAZ products Airoa and The 5th Quarter, avaliable retail here in NZ.This is why Katherine Reardon has been appointed to head sales and marketing for consumer brands.
Approx 1.2 mil shares traded today in big lines, would be very interesting to know where they are coming from and where they are going to !
.Quote:
Managing Director Craig McIntosh described the result as being exceptionally pleasing
Very true and I think its a game changer so I have recently accumulated a very modest stake. Next year we will get the full years annualization of sales from the very recently released Airoa product range as well as a the 5th quarter range to be released later this year. Forecast forward PE for YE 31/12/2019 at 20 cents is just 15.7. When one reflects on that and the rate of growth, some of the overt optimism previously expressed on here appears to be well founded.
Forgive me if this is covered elsewhere: Is 20,000 shares the initial purchase minimum?