Vehicle Inspection NZ (VINZ)

Interim report 2010

http://www.unlisted.co.nz/uPublic/un...cement_id=1787

After a few years boycotting the AA's roadside assistance program I signed up with VTNZ's new program the other day. Six months cover though with only 1 call out cost $20. Was $39 for a year with 3 call outs. Good value I thought.

Signing up was very easy and hassle free. Could be a good little sideline for them.

VINZ Dividend Announcement April 2011

http://www.unlisted.co.nz/uPublic/un...cement_id=1833

VINZ 2011 Interim Report

http://www.unlisted.co.nz/uPublic/un...cement_id=1938

anybody following?

Not really - very little for sale - tiny volumes.
Should be a good cashflow business - unless the govt changes the wof rules.
I can't believe they had to shut the Whangarei branch. Maybe the cops don't worry about wofs up there.

There's plenty of competition in the Whangarei/Northland region - apart from independent operators, VTNZ alone has two in Whangarei and another 3 or 4 around the area.

I was going to try and buy some of these (assuming someone would sell them, which is a big if). I even signed up for a Direct Broking account as ASB does not trade unlisted shares.

"Mr Brownlee wants to make sure the 5.5 million warrant inspections a year which cost car owners around 250 million in inspection fees, are justified."

So much for that cash cow...

Revenue down 50%? Maybe down only ~30%? Not sure, but not great to have on the horizon if you own VINZ.

Though I do agree switching to a 12/24 month renewal (depending on vehicle age).

Quote:

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Originally Posted by Armillary Private Capital

Interim report 2010

http://www.unlisted.co.nz/uPublic/un...cement_id=1787

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A great vehicle inspector has left VINZ..this is a sad day for the company..All the best for his future..

VINZ posted 2012 Interim Report

http://www.unlisted.co.nz/uPublic/un...cement_id=2124

Cheeky takeover bid...VINZ is worth a lot more...

Quote:

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Originally Posted by easy money

Cheeky takeover bid...VINZ is worth a lot more...

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And what will VInZ be worth if/when warrants of fitness are required only anually, or every second year?

What you must understand is that Vinz makes most of its money with vehicle compliance..wofs and cofs are a sideline for them...

VINZ Board issues interim 'Don't Sell' notice to shareholders while awaiting receipt of independent adviser's report in January.

http://www.unlisted.co.nz/uPublic/un...cement_id=2155

Independent Advisors Report - JEVIC NZ/VINZ Takeover

http://www.unlisted.co.nz/uPublic/un...cement_id=2157

VINZ ceased quotation on Unlisted, on Wednesday 27 February 2013, due to the successful takeover by JEVIC NZ Limited.