Weekly Trading Wrap Up

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 29 November 2017 there were 27 trades (last week 26 trades) totalling 1,037k shares worth $610k. There were three stocks that fell in value this week, Fronde fell 30% (30 cents) to close at 70 cents, Pharmazen fell 19% (2 cents) closing at 7 cents and Skyline Enterprises fell 0.4% (10 cents) to end the week at $24.50. Four stocks gained this week, including King Country Energy up 1% (5 cents) to close at $4.50, Silver Fern Farms finished up 8% (6 cents) ending at 80 cents, Terra Vitae Vineyards climbed 4% (2 cents) to close at 42 cents and Zespri group gained 1% (10 cents) to close at $8.25. In announcements during the week Rangatira declared their 2018 interim dividend, Fronde's half year profit improved by 48% and Silver Fern Farms has announced Simon Limmer will take over as Chief Executive. The USX Market Cap increased by $34m this week to close at $2,690m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 13 December 2017 there were 25 trades (last week 18 trades) totalling 394k shares worth $1,533k. There were five stocks that fell in value this week, including Blue Sky Meats down 25% (45 cents) to close at $1.40, Pharmazen fell 8% (1 cents) to end the week at 6 cents, Silver Fern Farms declined 6% (5 cents) ending at 75 cents and Syft Technologies fell 4% (5 cents) to close at $1.15. One stock gained in value with Skyline Enterprises up 1% to close at $24.50. In announcements during the week Rangatira Investments acquired a 50% shareholding in Mrs Higgins, Syft Technologies and Connexionz released their interim reports for the six-month period ending 30th September 2017 and Zespri declared a 8 cent Interim Dividend for 2018. Other announcements include the lifting of the trading halt on King Country Energy on Monday 11 December in addition to a takeover offer by KCE JV for all shares in King Country Energy for $5.00 per share. The USX Market Cap fell by $4m this week to close at $2,681m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 20 December 2017 there were 29 trades (last week 25 trades) totalling 331k shares worth $1,253k. There were two stocks that fell in value this week, including Proten down 1% (2 cents) to close at $1.50 and Silver Fern Farms fell 7% (5 cents) to end the week at 70 cents. Three stocks gained in value with Fronde up 33% (25 cents) to close at $1.00, King Country Energy up 10% (45 cents) to close at $4.95 and Skyline Enterprises up 2% (50 cents) to end the week at $25.00. In announcements during the week Skyline Enterprises released their six monthly review to shareholders for the period ended 30 September and announced development plans for O'Connell's Pavilion in Queenstown, Speirs Group held their AGM on the 18th December and resolved to reappoint Fred Hutchings as a Director and released their Chairman's Speech to USX and Zespri released the December issue of the Kiwiflier newsletter. The USX Market Cap increased by $23m this week to close at $2,704m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 10 January 2018 there were 8 trades totalling 94k shares worth $670k. Only one stock changed in value this week with Speirs Group falling 17% (1 cent) to end the week at 5 cents per share. In announcements during the week King Country Energy has released its Interim Financial Statements to 30 September 2017 and Takeover Offer documents. The USX Market Cap increased by $5m this week to close at $2,709m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 17 January 2018 there were 16 trades (last week 8 trades) totalling 137k shares worth $627k. Two stocks increased in value this week with Proten gaining 7% (10 cents) to end the week at $1.60 per share and Syft technologies gained 1% (1 cent) to close at $1.16. Two stocks fell in value with Silver Fern Farms down 7% (5 cents) to close at 70 cents and Skyline Enterprises falling 2% (40 cents) to end the week at $24.60. In announcements during the week KPMG has resigned as the Auditor to Speirs Group and King Country Energy has released a response letter to its target company with regard to its takeover offer. The USX Market Cap fell by $6m this week to close at $2,704m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 24 January 2018 there were 16 trades (last week 16 trades) totalling 67k shares worth $506k. Two stocks increased in value this week with Skyline Enterprises gaining 2% (40 cents) to end the week at $25.00 per share and Zespri Group gained 1% (2 cents) to close at $8.27. One stock fell in value with Silver Fern Farms down 4% (3 cents) to close at 67 cents per share. In announcements during the week Connexionz released its Half Year Report to September 30 2017 and welcomes Mark Figgitt to the Board, Zespri announces an executive - level restructure and King Country Energy issues notice in relation to its takeover offer per Rule 49A of the Takeovers Code. The USX Market Cap increased by $13m this week to close at $2,717m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 31 January 2018 there were 13 trades (last week 16 trades) totalling 229k shares worth $1,269k. Only two stocks changed in value this week with Terra Vitae Vineyards falling 1% (1 cent) to end the week at 41 cents per share and Zespri Group also fell 1% (2 cents) to close at $8.25. The only market announcement during the week was from King Country Energy, which issued a notice per Rule 49A of the Takeovers Code that the level of acceptances of the full takeover offer has increased to 67.25% of the total issued equity securities in King Country Energy. The USX Market Cap decreased by $3m this week to close at $2,714m.

[Armillary Private Capital]

The new USX platform went live last Thursday. We apologise for the technical issues that have been experiences and assure all market participants we are working to resolve these as soon as possible.
In trading on USX for the week ending Wednesday 14 February 2018 there were 19 trades (last week 13 trades) totalling 663k shares worth $314k. In price movements this week three stocks declined with Proten falling 6% (10 cents), King Country Energy fell 0.4% (2 cents) and Zespri also fell 0.2% (2 cents) per share. Only one stock gained in value with Connexionz soaring 90% (5 cents) to close at 10 cents per share. In announcements during the week King Country Energy released two updates on its takeover offer and Silver Fern Farms released an update on its annual reporting and annual meeting timelines. The USX Market Cap decreased by $12m this week to close at $2,691m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 21 February 2018 there were 6 trades (last week 19 trades) totalling 46k shares worth $189k. Trading was interrupted on Monday afternoon and Tuesday morning by a gateway access and server issue at our hosting site.


In price movements this week only Skyline changed in value, gaining 1% (20 cents) to end the week at $25.25. In announcements during the week Silver Fern Farms released its Newsletter to shareholders, King Country Energy extended its takeover offer and announced that King Country Energy Joint Venture has now become its dominant owner per the Takeovers Code. In other announcements Proten issued an update on its dividend payment date, Speirs Group has appointed Grant Thornton as its Auditor and Zespri has issued a notice regarding a Special Meeting in respect of changes to its Constitution and changes to share and dividend caps. The USX Market Cap increased by $7m this week to close at $2,698m.

[Armillary Private Capital]

In trading on USX for the week ending Wednesday 28 February 2018 there were 16 trades (last week 6 trades) totalling 438k shares worth $1,482k.

In price movements this week three stocks gained in value, with King Country Energy up 0.4% (2 cents), Skyline Enterprises up 2% (45 cents) to close at $25.50 and Syft Technologies up 4% (5 cents) to close the week at $1.20. Decliners this week were lead by Silver Fern Farms down 13% (8 cents) to 52 cents, Blue Sky Meats down 4% (5 cents) to close at $1.35 and Zespri Group fell 2% (20 cents) to close the week at $8.00. In announcements during the week King Country Energy Issued a letter to shareholders on Tuesday recommending they accept the takeover offer and on Wednesday issued a notice of departure from the Unlisted Securities Exchange . In other announcements Zespri issued a Chairman's update to growers and shareholders on its February forecast, profit and dividend per share range and notice of Special Meeting on 14 March and Speirs Group released its Half Year Annual Report for the period ended 31 December 2017. The USX Market Cap fell by $21m this week to close at $2,678m.