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  1. #1
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    Default Vehicle Inspection NZ (VINZ)


  2. #2
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    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.

  3. #3
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    VINZ Dividend Announcement April 2011

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

  4. #4
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  5. #5
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    anybody following?

  6. #6
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    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.
    Make NZ good and great, God defend NZ.

  7. #7
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    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.

  8. #8
    Member Te Whetu's Avatar
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    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).
    Last edited by Te Whetu; 29-03-2012 at 10:45 PM.

  9. #9
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    Quote Originally Posted by Armillary Private Capital View Post
    A great vehicle inspector has left VINZ..this is a sad day for the company..All the best for his future..
    cks

  10. #10
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  11. #11
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    Cheeky takeover bid...VINZ is worth a lot more...
    cks

  12. #12
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    Quote Originally Posted by easy money View Post
    Cheeky takeover bid...VINZ is worth a lot more...
    And what will VInZ be worth if/when warrants of fitness are required only anually, or every second year?

  13. #13
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    What you must understand is that Vinz makes most of its money with vehicle compliance..wofs and cofs are a sideline for them...
    cks

  14. #14
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    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

  15. #15
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    Independent Advisors Report - JEVIC NZ/VINZ Takeover

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

  16. #16
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    VINZ ceased quotation on Unlisted, on Wednesday 27 February 2013, due to the successful takeover by JEVIC NZ Limited.

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