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Thread: PAZ Pharma Zen

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  1. #1
    percy
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    Default PAZ Pharma Zen

    Today's announcement of good turnover and profit increases was welcome.
    However what I loved was "Pharma Zen has commenced a range of initiatives to take the company to the next level." Exciting days ahead?

  2. #2
    percy
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    What I should have mentioned is that these initiatives are being funded by the company's strong balance sheet and excellent cashflow,WITHOUT having to come to shareholders for further funds.I take this as very positive,means management are looking to make profits to fund growth.Most small company's think the only way they can grow is to fund growth with more money from shareholders.This dilutes your shares,and takes management's mind off making real profits.So well done PAZ.
    Last edited by percy; 22-04-2011 at 06:57 AM.

  3. #3
    Legend peat's Avatar
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    I've had some dealings with this company and liked the way it was operating
    The trouble is the high exchange rate affecting them though.
    For clarity, nothing I say is advice....

  4. #4
    percy
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    Quote Originally Posted by peat View Post
    I've had some dealings with this company and liked the way it was operating
    The trouble is the high exchange rate affecting them though.
    peat.exchange rates,earthquakes.Nothing stopping them.Increased profit,expansion from profits,without coming back to shareholders for cash..Pleased you liked the way they operate.I do too.!!!!!!
    "the company is no longer dependent on the dollar to be profitable,rather it is the level of profitability that is impacted."from annual report.

  5. #5
    percy
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    Quote Originally Posted by percy View Post
    What I should have mentioned is that these initiatives are being funded by the company's strong balance sheet and excellent cashflow,WITHOUT having to come to shareholders for further funds.I take this as very positive,means management are looking to make profits to fund growth.Most small company's think the only way they can grow is to fund growth with more money from shareholders.This dilutes your shares,and takes management's mind off making real profits.So well done PAZ.
    My second post on this thread.My third post on 23-04-2011 I stated I brought 80,000 PAZ at 3.5 cents.
    Reflecting back on the years,I think I kept doing the right things.ie.
    1] Buy a few shares to get to know the business.
    2] Make sure the balance sheet is strong,mainly cashflow positive, and current assets far exceed current liabilities.
    3]Watch the company to see if they do as they say they will do.
    Then I just kept adding to my/our holding on each positive announcement.
    A good lesson to me that we all know;And KW always told us:Sell your losers and add to your winners.That usually means buying your winners at higher and higher prices.
    Our last purchase of PAZ was 50,000 at 25 cents, for the wife, on 15th April.At lot higher than the original 3.5 cents I paid.So added to our big winner,and have sold other shares in other companies over the years,some at a profit and a few at a loss.Whenever the story, or the reason you brought a share changes,SELL.
    Thank you to all of you who have thanked me, and joined the fun.I guess we are all "well positioned."..lol.
    I think most Sharetraders will realise our PAZ holding far exceeds what I expected our total share portfolio would be.
    Last edited by percy; 27-05-2020 at 08:44 PM.

  6. #6
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    Hi Percy
    I'm taking advice and getting a bit more bold re posting. Have just spent some time looking at the Unlisted site, and doing some reading on the Pharma Zen site.
    Quick question, as I gave up dealing with other than ASB Securities a few years ago, what is a broker likely to charge to trade on Unlisted? I note the $7.50 each way fee, but wonder if a broker will tack plenty more on to that?
    All part of my learning curve! Thanks.

  7. #7
    percy
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    Quote Originally Posted by karen1 View Post
    Hi Percy
    I'm taking advice and getting a bit more bold re posting. Have just spent some time looking at the Unlisted site, and doing some reading on the Pharma Zen site.
    Quick question, as I gave up dealing with other than ASB Securities a few years ago, what is a broker likely to charge to trade on Unlisted? I note the $7.50 each way fee, but wonder if a broker will tack plenty more on to that?
    All part of my learning curve! Thanks.
    Karen1,
    I brought 80,000 at 3.5cents on Thursday,but have not seen the contract note yet.As soon as I do I will let you know.
    A word of warning.The unlisted companies are thinnly traded.Brokers do not follow them.You are on your own.Uncharted teritory.More risk,but possibly more rewards.
    Last edited by percy; 23-04-2011 at 06:55 AM.

  8. #8
    percy
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    Quote Originally Posted by percy View Post
    Karen1,
    I brought 80,000 at 3.5cents on Thursday,but have not seen the contract note yet.As soon as I do I will let you know.
    A word of warning.The unlisted companies are thinnly traded.Brokers do not follow them.You are on your own.Uncharted teritory.More risk,but possibly more rewards.
    Still very thinly traded.13,000 traded today at 5cents.

  9. #9
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    Good morning Percy and thank you.

    As I mentioned, on a learning curve. Helping a friend a few days ago to set up his online portfolio, also unlisted King Country Energy came up. This was one I got interested in a few years ago but forgot about, but had it listed I may well have got into it.

    And thanks for the warning, well heeded. Which is why I'm one of the last big spenders as I learn - I'm reluctant to spend too much, but already wish I had with one of the Aus. shells I recently got into!

    I'm beginning to recognise my investing style, and seeing part of that being to take small bites at something I'm keen on, and finding I learn quite a lot more in the experience.

    So in my cautiousness I am more likely to take a bite of around a quarter that of yours! Which makes me wonder if I should bother, but again, it's a good teaching tool without the prospect of perhaps losing too much.

    I hope the sun is shining for you down there, and that you enjoy the rest of the weekend.

  10. #10
    percy
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    Quote Originally Posted by karen1 View Post
    Good morning Percy and thank you.

    As I mentioned, on a learning curve. Helping a friend a few days ago to set up his online portfolio, also unlisted King Country Energy came up. This was one I got interested in a few years ago but forgot about, but had it listed I may well have got into it.

    And thanks for the warning, well heeded. Which is why I'm one of the last big spenders as I learn - I'm reluctant to spend too much, but already wish I had with one of the Aus. shells I recently got into!

    I'm beginning to recognise my investing style, and seeing part of that being to take small bites at something I'm keen on, and finding I learn quite a lot more in the experience.

    So in my cautiousness I am more likely to take a bite of around a quarter that of yours! Which makes me wonder if I should bother, but again, it's a good teaching tool without the prospect of perhaps losing too much.

    I hope the sun is shining for you down there, and that you enjoy the rest of the weekend.
    Yes nice weather,very pleasant weekend.Nothing much to do yesterday,but had to engage brain trying to keep,or get up to speed with PGC thread.I brought 20,000 PAZ on 15/4/2009 at 2.5cents,total cost of $567.50.Was interested in the company,but was un sure whether they would run out of money or not.I rang the CEO last year before the AGM asking him to post his speach at the AGM so I could read it on line.What he did do was to post a link to Otago Daily Times who covered the meeting.Nice guy,easy to speak to and was happy to talk to me about the company.Depends on dates,but I would like to go to the AGM next year.The latest result was a lot better than I expected,so that is why I increased my holding.Glad you did not take offence with my warnings.

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