New director appointed.
Printable View
Well he was good enough to represent Otago at cricket
http://www.espncricinfo.com/newzeala...yer/36853.html
I do rather prefer directors of companies I invest in to have commercial acumen,rather than sporting skills.
PS.The company quality assurance manager[Harold] received my phone call ,as the CEO and company secretary were not on the premises.Told him he was just the man to put quality assurance news releases right.I did ask whether Peter was just out of jail ,or just off the street, and they did not want to release his record.!!
Ex Otago cricket player is a bit more positive.
Falling dollar and Capex investments boost PharmaZen half-year result.
At last there is light at the end of what has been a very long dark tunnel.
Earthquakes,'Compliance issues',high NZ$ have worked really hard against PAZ over the past four years.
New factory,new equipment,new avenues of income,looks as though the $5mil spent was well thought out.
Modest profit is great when one compares PAZ with SEA.
All of this expansion has been paid for from retained earnings and bank debt,without PAZ having to come back to shareholders for more capital.Shows great discipline.
I am pleased I recently added to our holding.
Am "well positioned."