Yep at 28c now...bugger as I wanted to buy some more...greedy Bear :p
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The Bear has caught the whiff of a feed coming eh :) Giving a pretty decent reading to my nose too :t_up:
Wouldn't mind some more but 28...at this stage....oh I don't know about that...:ohmy:
Just for you mate :) https://www.youtube.com/watch?v=2fUJTOcZ8kU
28 cents..........................
The excitement continues..!!
Its Ho Ho Ho time.
Very nice.
25 cents is a FY19, (which is nearly over), PE of 20 if they meet forecast. Pretty easy to make a sound case its worth more than a PE of 20 based on previous growth in very recent years and forecast growth for FY19.
I suspect people are investing based on prospects for FY20 now.
Gave Direct Broking a call and asked them to manually update their "market price" on their website. Since I had them on the phone I couldn't help myself and took another bite at the few on offer :-)
.28 gone .30 now on offer, who is game ?
30 cents = FY19 PE of 24 based on a huge increase in forecast earnings for FY19, (which we have no idea with regard to whether they are likely to achieve this forecast or not at this stage).
Most recently somewhat decent volume has been done at 26 cents which my common sense tells me feels about right until we get some more information from PAZ.
240,000 traded so far this morning at 28 cents ,yet the buy/sell quotes remain unchanged.?
That's reasonable price discovery then so that's good.
My take on the quotes not changing is that there's business being done between brokers or in-house within one brokerage firm that's not executing the quotes displayed.
Poor Coutts. I think he cauterized the wound by buying them back at a few cents more. Best to admit you can't win every trade eh Coutts :)
Well he certainly did the right thing buying them back.!!.
The seller with 100,00 at 28 cents has sold.
Only seller now has 20,000 at 30 cents.
Happy for you mate. If you want those 70,000 back I am happy to sell them back to you for a very special pre-Christmas deal of just 35 cents each :D (I am a bad dog, just yanking your chain mate) :p
Good volume today, best for a while, 340,000 in total so far at 28 cents. I think that's fairly reasonable volume / price discovery and sets the new benchmark for a while.
When are we expecting the next financials ? now that the brokers are interested there should be some serious buying !
Late March / Early April.
.28 & .29 gone , 20 K @ .30 on offer ATH !
Re $64 mill mkt cap plus any oppies etc. Has run up alot with no news until April as we are unlikely to see director buying notices imo. Lets say its a 100% profit increase to $2.6 mill. Getting a bit frothy? Happy holder btw:).
Official forecast for 31/12/2019 gives 1.28 cps earnings after tax up from 0.62 cents per share after tax last year which gives forecast earnings growth of 106% for 2019. https://www.usx.co.nz/uploads/paperc...pdf?1554330190
At 29 cents PAZ is on a forward PE for the year ended 31 December 2019, (very shortly to be historical) of 22.7. That's actually lower than the average market PE on the NZX but look at the rate of growth and consider the future rate of possible growth ?
Products released half way through the year, (one very late in 2019), will enjoy a full year's annualised sales growth effect in 2020. Given this fact then the next thing to ponder is what might be the rate of eps growth in 2020 ?
Is it really expensive relative to the average PE on the NZX which ahs been reported as 29, given the average earnings growth of NZX listed companies is vastly lower ?
Hmmmm
Percy mentioned earlier in the year regarding an AGM question around turnover expectations within a few years following the latest round of capital expenditure, and the answer was $40M.
The half-year to June saw a 'pre-tax surplus of 1.83M' off the back of 8.3M in turnover. At that ratio we would expect up around ~8.8M surplus on 40M turnover.
Theres sellers lurking at 28c off market as well as on market(Someones putting up100k lots)
This 28c seller is a big holder and has heaps for sale, wonder who it is?
The big buyer at 28 cents just keeps loading up.
304,000 so far today.
I wonder who it is.?..........................lol.
ps..No director is selling.
Big year for this one, wonder what 2020 brings ?
I think the opposite.
A year ago ie 17th December 2018, 100,000 PAZ shares traded at 0.096 cents per share.........Total value $9,600
Today 304,000 traded at 28 cents per share,which shows a lot of confidence...........................Total value $85,120.
Three times as many traded, at nearly three times the share price.
I will be more than happy should the share price "only" doubles in the next year.!
200000 just went through off market, our big seller is a keen early bird.
Decided to buy myself a little Christmas present and topped up a bit on PAZ. Merry Christmas everyone
I am hopeful of another big year in 2020.
We need to see some numbers now with this one given the share price tripled last year or at least some indication of an updated forecast / confirmation of existing forecast now that full years sales numbers will be known.
Wouldn't it be great if despite not being required too under the Unlisted platform rules, the Directors choose to update the market with its FY20 forecast under the continuous disclosure regime of the NZX... That would represent a maturing of the companies disclosure regime one step further than how they voluntarily decided to comply with director notices of sales and purchases last year, (which was a great step), and represent another big step in the maturing process of eventually migrating to the NZX.
Maybe you could have a word to the Directors Percy ?
Good volume again today ---125,000 ! and hitting .30's door.
Go to www.chemistwarehouse.co.nz
In search enter AiOra.
Getting there.
Coz who doesn't like a bone and a joint ?
Attachment 10952
(Bit tacky I know, sorry if you're offended)
Frankly, I just kinda look away from the detail of this company's technical operations.
Few bids backed up at 28 cents now. Who is going to break ranks and bid higher ?
Old article but interesting....https://www.stuff.co.nz/business/921...y-but-complete
ExtractIf I'm not mistaken both those milestones will have been achieved by the time they roll out their Dec 2019 results in late March / early April... As we also know, last year they improved their disclosure regime for directors share purchases / sales in line with NZX rules despite not being required to on the unlisted platform.Quote:
"Shares in PharmaZen are traded through the Unlisted securities trading platform and McIntosh said the company was constantly assessing listing on the New Zealand Stock Exchange. "We'd like to generate profits of around $2m first, and to make it worthwhile you would also have to do a capital raising".
Listing on the NZX sometime in 2020 ?
Bid 29 cents with no major sellers...Hmmmmm
"We live in interesting times.".............................????.
And I think the year ahead will be very interesting.....lol.
Trickling up :D
Bought some more and looks like PAZ is building a base now ready for a rerating based on the forth coming results, Hmmmmm !
0.30 finally! Wahhoo :D
Not so much a wahhoo as a dip of the big toe after standing on the shore for quite a while.:scared: A plunge may come later.:eek2:
pretty obvious someone has unfinished business.
Attachment 10981
I don't think the person bidding for 150,000 at 19.5 cents has much chance lol
Do PAZ make any products that boost your immunity ?
go to www.waitakibio.com to view products ingredients.Also check out www.aioranz.com
Note Cassipure; one of the benefits effects includes immunity.
Me too.
Don't know when,as you point out most probably March,but end of this month would be most welcome.
Not sure what the financials will be like,but know they have been very busy.
The old saying activity breeds activity should prove to be correct.
Thought the share price may have weakened with lack of news,so pleasantly surprised we are at 29/30 cents.
Corona Virus.Perhaps a side affect of this virus will be people paying more attention to ingredient product traceability and provenance.
From PAZ's 2018 annual report.directors' report,page 4.
"Provenance being -knowing not only who you purchased your product from,but who manufactured it.Where it was manufactured and grown,along with traceability,are critical drivers of the global food and supplement industry."
"While the issue is a global one,it is in fast developing economies such as China,where it is of greatest focus."
"We therefore foresee a significant opportunity for a 100% New Zealand made and New Zealand sourced product range."
Go to www.waitakibio.com ingredients, and you will note traceability is not a problem,ie NZ Kiwi Fruit,NZ Blackcurrants,NZ Greenshell mussels,etc,etc.
Two sales @ .30 today, none on offer now, hmmmm !
Yes hmmmm.!
Still no seller.
202,000 traded today @ .30, interesting !
A little offer at 32.5c now. My bid at 25c slipping further down the list :-(
Well done team a new high at 32 cents.[60,000 traded].
I spoke with PAZ's company secretary yesterday.
She said the annual report is still a couple of months away.
Whether we will get an update before then I do not know.
I asked her whether they were still bizzie.?
"Crazy bizzie..................which is positive."
Percy, well done , thought that that may be the case, imo exciting times ahead. PAZ did a broker road show before Xmas , according to my broker it was well received but their more interested investors wanted to see this years results first before committing them selves, looks like from your yesterdays post they will be buying.
Nice increase and it looks like that's scared the cheeky mutt who was trying to lead the market up to 35 cents away. He's probably too scared his 35 cent sale offer might get hit shortly. Some nerve that bad dog had :D