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20-05-2019, 05:35 PM
#171
Originally Posted by percy
Most probably at some stage.They want more runs on the board and I think they would rather spend the listing "fees and asscociated costs"on more plant.ie the factory where the huge new freeze drier is locate has been built to accommodate another two.
I think 2020 will most probably be their first "full" year when all the new equipment is producing.
They indicated at the agm they would not look to pay a dividend for the next two years as they had further expansion in mind.
They have the corner section Nuttall Drive,Port Hills Road, they purchased a year or two ago they want to build on.Don't know what at this stage.
They have also been very fearful of not meeting targets.They had a lot of delays,mainly with ChCh City Council consents.Had they been listed, the market would have punished them.
Great up date Percy, I look forward to the pending company preso.
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20-05-2019, 05:44 PM
#172
Originally Posted by whatsup
Great up date Percy, I look forward to the pending company preso.
You will be impressed.
I wrote down the expected EBITDA figure while watching Craig McIntosh's presentation.
All good, except I could not read my own writing.!!
Sorry,but either figure the correct one, or the incorrect one shows extremely positive earnings growth.The lower figure [earnings growth] was over twice their current PE..!!!
So I too am eagerly awaiting the agm presentation being posted.!!
Last edited by percy; 20-05-2019 at 05:48 PM.
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20-05-2019, 09:15 PM
#173
Originally Posted by percy
You will be impressed.
I wrote down the expected EBITDA figure while watching Craig McIntosh's presentation.
All good, except I could not read my own writing.!!
Sorry,but either figure the correct one, or the incorrect one shows extremely positive earnings growth.The lower figure [earnings growth] was over twice their current PE..!!!
So I too am eagerly awaiting the agm presentation being posted.!!
If that is the case why is the current seller off loading so many at the current price, why not wait until the release of this upgrade/preso and wait for that to sink in then sell at a higher price, does not make sense.
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20-05-2019, 09:40 PM
#174
Any mention of processing cannabis plant - that seems to be the plant of interest at the moment?
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20-05-2019, 09:41 PM
#175
Originally Posted by whatsup
If that is the case why is the current seller off loading so many at the current price, why not wait until the release of this upgrade/preso and wait for that to sink in then sell at a higher price, does not make sense.
Buyers have been coming to him for months.
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20-05-2019, 09:57 PM
#176
Originally Posted by minimoke
Any mention of processing cannabis plant - that seems to be the plant of interest at the moment?
No,however PAZ's extraction plant can extract oil from any animal or vegetable,so cannabis could be processed.
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20-05-2019, 10:05 PM
#177
Originally Posted by percy
No,however PAZ's extraction plant can extract oil from any animal or vegetable,so cannabis could be processed.
Thats what made me wonder.
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20-05-2019, 11:15 PM
#178
Originally Posted by percy
No,however PAZ's extraction plant can extract oil from any animal or vegetable,so cannabis could be processed.
Thanks for the good oil percy.No need to press or even squeeze you, youre free flowing.
Last edited by Joshuatree; 20-05-2019 at 11:17 PM.
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21-05-2019, 01:08 PM
#179
Another 2.8 mil shares just gone through today in one hit, steady @ .13 !
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22-05-2019, 11:01 AM
#180
Buyer today .13 seller .14 will be very interesting if the seller @ .14 gets hit.
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