Happy Valley Nutrition IPO

[trader_jackson]

Despite it being an NZ company, the media here don't seem to have picked up on this NZ Company doing an IPO... but yes it is - and closing very soon!

Seems like speculative stuff (at this stage) with production not due till early 2023... but potentially lucrative (especially if/when they get a 'strategic partner' locked in)

https://www.onmarket.com.au/offers/happy-valley-nutrition-ltd/investor-presentation/ (investor presentation)
https://www.hvn.co.nz/ (company website)
https://www.stuff.co.nz/business/far...factory-all-go (recent article about the factory)

Feel free to post any thoughts etc

[Lewylewylewy]

Hi, we don't have a business, but we have $1.3m worth of assets, which, all up, we value at over $40m. If you pay us a bunch of money, we can start paying ourselves a nice salary and maybe we can do a business and maybe return your money one day.

... have I read all that correctly? If you'll excuse the milk pun, i just skimmed it.

[trader_jackson]

Hi, we don't have a business, but we have $1.3m worth of assets, which, all up, we value at over $40m. If you pay us a bunch of money, we can start paying ourselves a nice salary and maybe we can do a business and maybe return your money one day.

... have I read all that correctly? If you'll excuse the milk pun, i just skimmed it.

Yes you have read it correctly... but don't all businesses start off like this? (from nothing, to something)

[kiora]

Is this the same director mentioned?
https://www.nzherald.co.nz/business/...ectid=11932158
https://shakespearebay.com/2016/05/2...and-gibraltar/

[Lewylewylewy]

Yes you have read it correctly... but don't all businesses start off like this? (from nothing, to something)

But you can buy a private business or shares in one that's managed for much less, or the same valuation but with earnings and history.