Anyone bold enough to have a guess at the result due next month or early April ?
I think it will be materially lower than last year's 1.7 cps.
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Anyone bold enough to have a guess at the result due next month or early April ?
I think it will be materially lower than last year's 1.7 cps.
That has been well signaled in the Chairman's 23rd December update,so there will be "no surprises there."
What I think shareholders will be placing more importance on, is progress on the installation of the huge freeze drier at Port Hills Road, and the new Rolleston factory.
Just as a surfer looks outwards to the sea to observe the swells so that he may judge the wave to come,and does not look at the beach to see what has already gone,PAZ shareholders will be looking outwards to Rolleston, to see the huge tsunami of production capacity building.
The decline in the $NZD will provide a tailwind at some stage
Fair enough mate. I think Iceman's assessment that Covid and all the drama's has set them back about 2 years is a fair one. 2023's report in March / April 2024 could be a good one provided they can get all the gear installed and systems up and running properly by late 2022 and all the staff required to work it all. Reading and hearing more and more reports of really good business's absolutely desperate and screaming out for staff and they can't get any or certainly not enough. Getting all your ducks in a line is not getting any easier these days that's for sure !
2021 was very difficult.Covid,logistics,failure of overseas technicians allowed into NZ.All pointed out by The Chairman
2022 the ducks are lining up.
However a huge job still getting all the plant installed and up and producing.Staffing most probably will be an issue,although a few Rolleston residents may decide to work locally.
I am guessing September this year half year result will state they have either have a lot of Rolleston factory producing or near to producing.Freeze driers,spray drier,extraction plant,and coolstores .
AGM May 2023 should be positive and September 2023 Interim should be extremely positive.
January 2024 could be extremely interesting as that is the end of the restrictive period agreed when Cibus came on board. Whether they decide to list on NZX or ASX could be in the wind.
2023 full year should be interesting as it should be the first year of full Port Hills Road and first Rolleston factories full production.
May 2024 AGM I think they will spell out their future plans,and expected projections should be fun.
We have seen SKL hit the deck running with their new factory,and I expect PAZ's will do the same.
There are so many opportunities for PAZ.I expect Cibus will be bringing contacts and partners to work with PAZ worldwide.
Need another buy one get one free on the Aiora Black current thingies.
About due for a result.
Was 1st of April last year and 23rd of MArch the year prior. Must be anytime now.....
For out of towners I checked with PAZ to see when this year's agm will be.
It is scheduled for Friday, 27 May 2022 at 12:30 pm
I need some more of those blackcurrent thingies. Someone please tell PAZ to do a buy one get one free and I'll be in like Flynn.