Ebos Limited EBO

[Snow Leopard]

I notice that EBOS is cantering towards the $8 mark after resting for a couple of months.

best wishes
Paper Tiger

[ratkin]

I notice that EBOS is cantering towards the $8 mark after resting for a couple of months.

best wishes
Paper Tiger

Yes, quietly almost unnoticed, no fuss, no bother , my type of stock. Was sitting in the vets waiting room last night , (copell pl , hoon hay)surrounded by masterpet products , wall to wall .
They should invest in the vets practice too , cost 60 dollars and was only in there two minutes, just for a flu jab for the cat

[percy]

Yes, quietly almost unnoticed, no fuss, no bother , my type of stock. Was sitting in the vets waiting room last night , (copell pl , hoon hay)surrounded by masterpet products , wall to wall .
They should invest in the vets practice too , cost 60 dollars and was only in there two minutes, just for a flu jab for the cat

Hard to believe they were under $6 last December.
Hope McLeavy the vet is cheaper,as my cat needs the flu jab.Although I suppose being a long term shareholder I should use half EBO owned Animates.!!!!

[ratkin]

Hard to believe they were under $6 last December.
Hope McLeavy the vet is cheaper,as my cat needs the flu jab.Although I suppose being a long term shareholder I should use half EBO owned Animates.!!!!

Animates practically have a monopoly in chch when it comes to pet shops , although they lost their main store in the quake. I know of several old fashioned pet shops that were forced to close due to the competition from animates , its a shame really , but animates really upped the anti when it came to petshops, far cheaper than any of the alternatives , especially with a membership card

[winner69]

What a result .......who really gives a stuff that if it wasn't for Masterpet it might not have looked to flash

Onwards and upwards from here .... Next year the 'momentum' will continue - after all another half year of Masterpet to come eh

Share price up up and away ....... $10 soon I reckon

[winner69]

What a result .......who really gives a stuff that if it wasn't for Masterpet it might not have looked to flash

Onwards and upwards from here .... Next year the 'momentum' will continue - after all another half year of Masterpet to come eh

Share price up up and away ....... $10 soon I reckon

Profit announcement didn't put the old healthcare division of EBO in good light .... sales down and the already thin margins down even further to a razor thin 2.7% of sales. On that result alone EBO shareprice probably would have tumbled .... or at least gone down

But what a buy Masterpet was .... with just six months trading to go by (and in line with what they said when they bought it) you would have say that that business is worth at least $150m and when we are in a irrational bull market like at the moment punters might even see iy being worth $200m

Heck thats $4 a share .... even allowing for what may have happened to the EBO shareprice with Masterpet that $10 I mentioned looks pretty fair value

Up up and away .... still more to go .... even from $8.40 .... up up and away

[percy]

Profit announcement didn't put the old healthcare division of EBO in good light .... sales down and the already thin margins down even further to a razor thin 2.7% of sales. On that result alone EBO shareprice probably would have tumbled .... or at least gone down

But what a buy Masterpet was .... with just six months trading to go by (and in line with what they said when they bought it) you would have say that that business is worth at least $150m and when we are in a irrational bull market like at the moment punters might even see iy being worth $200m

Heck thats $4 a share .... even allowing for what may have happened to the EBO shareprice with Masterpet that $10 I mentioned looks pretty fair value

Up up and away .... still more to go .... even from $8.40 .... up up and away

Winner69.
Just keep posting.I read ever word you write. Up up and away.I am in the clouds already.!!!!!

[macduffy]

Radio news item this morning.

Pharmac to take over centralised buying for DHBs. Can't help thinking that this is what that old Dept of Health used to do before someone came up with the bright idea of "empowering" - should that read "lumbering"? - individual DHBs with the responsibility for buying their own. Seems that the power of bulk buying has been rediscovered by some bright spark who has probably been paid a handsome bonus for articulating the obvious! Excuse my cynism..... but......!

Good news for taxpayers but probably not for shareholders of EBO. At the very least, would think that pencils will be sharpened a bit more.

[percy]

This afternoon's AGM was very well attended.
NZ health sector.Supply to health boards rebranded to "One Link" [so as Canty health don't realise they are dealing with old Auckland/Waikato supply comany] Changes offer opportunities for EBO who have all the systems and suppliers in place.Will work with or in partnership with Government.
EBO have ACC home delivery contract.See room for growth.Have a quote in to supply all DHB[District Health Boards].Had the minister of Health open new Auckland premises,and sounds as though our Mark gave Tony Ryall plenty of good advice while showing him around.!!!
Aussie health sector.EBO is still only a small player.Good base,but needs to be built on.[Got the feeling,watch this space].EBO need to be in Aussie so they will need to bulk up.
Masterpet,Great business,great staff,great opportunities both here and in Aussie,although supply chain is very different.
World wide suppermarkets are losing market share to specialist pet stores.In Brisbane EBO have taken 100% [was 50%] of Beaphar Animal Pharmaecuticals manufacture.Very pleased with this.
The chairman only used the word "trajectory"once in his address.Although business outlook is still not the best,people are spending more on their animals.
Overall the mood of the meeting was very positve.They are keen for the success of the business to continue.Management has been strengthened by Masterpet acqusition.
Winner 69.Turnover.The way some US suppliers want accounting done EBO are showing only the commision as sales,which means lower revenue,but should show are greater margin.???!!!

[winner69]

Percy. ....did they mention they would love to get the distribution of the new BLIS doggy lozenges ....a marriage made in heaven

If no mention Simla et al will be gutted