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Thread: PAZ Pharma Zen

  1. #136
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    Quote Originally Posted by percy View Post
    .
    ChCh earthquakes set them back 3 to 5 years.Had years when NZ$ was against them.They had to mind their pennies very carefully.Even when they raised capital a certain Dunedin broker made life hard for them.
    Taken a long time to get basically three factories,[or processes] up and running with no help from ChCh city Council's long drawn out consents processes,together with getting the right staff in place.
    Now everything is in place, the next three years look pretty exciting.
    NB.Going from producing commodity products to pharmaceutical grade products sees huge margin increases.
    Well done Blue Skies ahead me thinks !!

  2. #137
    Guru peat's Avatar
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    Quote Originally Posted by percy View Post
    .
    ChCh earthquakes set them back 3 to 5 years.
    Really?
    I had good visibility of their insurance claim, and dont remember anything long term being claimed for.

    But as I've said before one of the best strategic responses I've ever seen. So from investors point of view management get a tick of approval.
    For clarity, nothing I say is advice....

  3. #138
    percy
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    Quote Originally Posted by peat View Post
    Really?
    I had good visibility of their insurance claim, and dont remember anything long term being claimed for.

    But as I've said before one of the best strategic responses I've ever seen. So from investors point of view management get a tick of approval.
    Bringing water from Kaiapoi daily,looking after staff,[ie providing showers]etc,together with insurance and all issues took management time.
    The main hold up was with consents from ChCh City Council.
    And yes set back 3 to 5 years.
    I also note Colonial Motor Company's Hutchinson Motors,and all businesses in ChCh suffered the same issues with ChCh City Council.
    Last edited by percy; 13-04-2019 at 09:29 AM.

  4. #139
    percy
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    PAZ's asm will be held on Thursday,May 16 at 12.30pm, at the BNZ Partners Business Centre,Level 4,111 Cashel Street,ChCh.

  5. #140
    Legend minimoke's Avatar
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    Quote Originally Posted by percy View Post
    I also note Colonial Motor Company's Hutchinson Motors,and all businesses in ChCh suffered the same issues with ChCh City Council.
    In my experience CCC was totally useless and absent in supporting business post EQ's

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