sharetrader
Page 59 of 153 FirstFirst ... 94955565758596061626369109 ... LastLast
Results 581 to 590 of 1527

Thread: PAZ Pharma Zen

  1. #581
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,407

    Default

    Quote Originally Posted by couta1 View Post
    Got some more at 25.1c, sorry Iceman stopped the last bit of your order getting filled but at least your avg buy is lower than mine.
    Don't mind sharing mate. Got it filled today. Been sitting there for a long time and after a lot of pondering I decided to keep it there and now I got them. For better or for worse. This one is bottom drawer investment for me.

  2. #582
    Guru
    Join Date
    Jul 2002
    Location
    New Zealand.
    Posts
    4,411

    Default

    Quote Originally Posted by iceman View Post
    Don't mind sharing mate. Got it filled today. Been sitting there for a long time and after a lot of pondering I decided to keep it there and now I got them. For better or for worse. This one is bottom drawer investment for me.
    A very good buying decision, you may chose to add to your investment once this years announcement is released, well done.

  3. #583
    Dilettante
    Join Date
    Mar 2010
    Location
    Down & out
    Posts
    5,407

    Default

    Quote Originally Posted by whatsup View Post
    A very good buying decision, you may chose to add to your investment once this years announcement is released, well done.
    With the selling in the last few weeks on the NZX, PAZ has now become my largest shareholding on the NZ market, by quite a margin. So not sure it would be wise for me to add much more. But I'm sure couta1 will tell me off for holding that view :-)

    It will be interesting to see the outlook when we get it even through clearly it is difficult for any company to accurately forecast anything right now. But the huge and ongoing drop in the NZD/USD rate is very good for PAZ

  4. #584
    Member
    Join Date
    Jan 2020
    Posts
    239

    Default

    Wow some very hefty volume committed at 25 cents.

    I believe the new chemist warehouse will be opening in southcity, christchurch in a month or so and should hopefully be stocking the full aiora range

  5. #585
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    21 cents...hmmm...Percy has gone very quiet.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  6. #586
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Nothing to say until Tuesday.
    Not sure whether am or pm.
    Then hopefully you will not be able to shut me up.!
    In the meantime the weaker NZ dollar is working well for us.
    Last edited by percy; 20-03-2020 at 05:20 PM.

  7. #587
    Member
    Join Date
    Jan 2020
    Posts
    239

    Default

    Quote Originally Posted by Beagle View Post
    21 cents...hmmm...Percy has gone very quiet.
    Probably busy buying.

    Highly quality ingrediants and health supplements should see a big surge in demand this year and is a good opportunity for people to discover the brand.

  8. #588
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Quote Originally Posted by Mr Slothbear View Post
    Probably busy buying.

    Highly quality ingrediants and health supplements should see a big surge in demand this year and is a good opportunity for people to discover the brand.
    Neither a buyer or a seller.
    We have what we want.
    I agree with you. and think we are in the right business,in the right sector, at the right time.
    Could be said we are "well positioned,"
    Last edited by percy; 20-03-2020 at 04:50 PM.

  9. #589
    Banned
    Join Date
    Nov 2013
    Posts
    8,516

    Default

    Quote Originally Posted by percy View Post
    Neither a buyer or a seller.
    We have what we want.
    I agree with you. and think we are in the right business,in the right sector, at the right time.
    Could be said we are "well positioned,"
    Wow I cant believe it, I just checked my PAZ order at 22c thinking it was a pipe dream and it got filled and then went to 21c(Must be a dream) I think I'm getting well positioned and breaking into the top 50, but still only a minnow compared to Percy.

  10. #590
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    21,362

    Default

    Thought it might be an idea to revisit the numbers and crunch them again this morning.
    August 2019 they forecast $3.9m before tax profit on $16.3m sales = after tax profit of $2.81m assuming full company tax rate of 28% which on 218.8m shares gives eps of 1.284 cps.
    They confirmed earlier this month they had met this forecast net profit and importantly, (exceeded the sales) for the year.

    The exceeded the sales is very important because its a clue to higher profits going forward, most especially, (and lets not forget this), because new brands were introduced mid way and very late in the 2019 year respectively) and we will get the full 12 month effect of those new brand sales in 2020, (and now at much more advantageous exchange rates). When you factor that in with the fact that sales beat forecast for the second half of 2019 the prospects ahead look very good.

    Historic PE is now 21/1.284 = only 16.4 (I was very surprised it was this low so double checked my numbers), against a market that even with the strong correction of late probably has a historic market PE in the very late 20's. This metric is not much more than half the market but for a company growing very strongly indeed.

    By my calculations eps will slightly more than double when announced on Tuesday and is set to grow strongly in 2020. Critical mass has also now been achieved for a main board listing at some stage in the future in my opinion.
    Last edited by Beagle; 22-03-2020 at 10:36 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •