Thx. C U there.
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I would be a buyer rather than a seller at 40 cents..
I had considered, a couple of months ago,of lightening up my holding after next year's agm,although that is now looking very unlikely,as I now have the cash I need to help out No.2 daughter to buy a better flat.
The bids are slowly creeping up and not very far from the "cheeky" offer at 40c now. SP in my view now well established into the 30s and probably wont stay that low beyond Monday. Agree with Percy's earlier post that the most recent trade at 34c will be seen as astute. Thanks for the compliment Percy :-)
Clearly we live in strange times and it is impossible to forecast anything right now. But I am expecting a good forward looking statement on Monday with much of the new capacity on line now and I'm hopeful we will not see SP in it the twenties (cents that is) again. Time will tell.
A year ago just before PAZ's agm the share price was 13 cents.
A month later after the exciting agm presentation the share price was up over 50% to 20 cents.
Their September upgrade saw the share price rise a further 25% to 25 cents.
AGM is next Monday.
I rather think PAZ's agm outlook statement will see the share price into the forties.
The big seller we have taken advantage of over the past year, appears to have gone.
It is a rare company that is not being materially affected by Covid 19. I hope PAZ is such a company but after very careful thought I am not prepared to gamble 40 cents a share to lift my stake "on the blind". That's a historical PE of 30 and I've never been a dog that likes paying 30 times earnings before so won't change my colours now.
More information is required so we can work out the forward PE before 40 cents is justified in my opinion. Looking forward to Monday.
encapsulates my thoughts very well.
I agree with you Percy that I think it’ll be a great meeting with more good news but a little caution never hurt and my purchases have been at good prices. I don’t have a problem paying a P/e of 30 as have done so very happily for A2 in the past but will depend how the numbers look :)
Likewise looking forward to monday
1 more sleep to go Percy :)
Percy, I have printed off the latest report but cannot see the top 20 shareholders, where is that info, companies office ?
Go to NZ Companies Office.
Pharmazen limited.
shareholdings [26]
or documents [138] then scroll down 27 mar BKSH extensive shareholder list.
I did ask Vince on his opinion whether or not I could post the extensive list,but never heard back from him.
someone is keen