PAZ Pharma Zen

[Sideshow Bob]

50,000 at 40 cents.Seller at 42 has 25,000 for sale.
More astute than keen.?....lol.

I'm keen, but probably not astute.....

[iceman]

The Beagle may have cracked under pressure, caving in a couple of hours before the AGM :-)

[percy]

The Beagle may have cracked under pressure, caving in a couple of hours before the AGM :-)

Rather think he is showing sound logic.

[peat]

so is new information going to be released at this AGM?

[percy]

so is new information going to be released at this AGM?

The answer to that question will be known shortly, as the agm starts at 12.30 pm.

[peat]

The answer to that question will be known shortly, as the agm starts at 12.30 pm.

When asking that question I admit I was thinking more in terms of NZX's listing rules.... not USX

[Joshuatree]

Wow he looks and sounds SO WEARY , needs some vitamins and an injection of coffee and hope hes taking PAZ supplements.

[peat]

Wow he looks and sounds SO WEARY , needs some vitamins and an injection of coffee and hope hes taking PAZ supplements.

don't be so judgemental. didn't he say 98% growth?

[whatsup]

Very happy with todays presentation bearing in mind that these presentations are not easy .

The numbers to date look good and the 7th Aug update will Im sure be of great interest considering the set back that Covid-19 has been to PAZ

Will be very interesting to see if PAZ can hold the .40 share price for now, IMO a better judgement will happen at the half year release.

[Beagle]

Excellent presentation.
They sound very enthusiastic about the pet treats and supplements opportunity. So many opportunities for growth.
Well worth noting that last year at the annual meeting they forecast net profit before tax of $2.8m. They delivered just over $4m, 43% more than forecast.
This suggests they are very conservative with their forecasting.
As Percy says they have a track record of doing what they say they will do.
So many new products they can bring to market in the next year...the prospects for long term growth look really outstanding.
It is so refreshing to see a company growing strongly even taking into account the effects of Covid 19.

I took some very deep breaths and thought long and hard about the long term growth prospects over the weekend and took the appropriate action this morning before someone else did. Its getting much harder to get shares in this company. If you want a bigger stake in this high growth company the days of getting it on the cheap are probably over in my opinion. I think at 40 cents the forward PE is somewhere in the low 20's and I think that's perfectly reasonable for such a high growth company as this. Investing today at 40 cents I am thinking about FY21 and beyond.