View Full Version : PAZ Pharma Zen
Sideshow Bob
19-10-2023, 12:18 PM
Yes, thanks. I would have missed it.
Updated USX website is a bit of a dog, but if you register you can get email notifications of announcements.
There isn't a heap of announcements so not too bad sorting wheat from the chaff.....
whatsup
19-10-2023, 12:48 PM
The best ann that we could have hoped for under the circumstances , upwards from here after the Covid hold up and installation issues, well done management.
Sideshow Bob
19-10-2023, 02:36 PM
By my (Thursday arvo) maths, if Q3 earnings are annualised, then PE ratio is a shade over 10 at the last price of $0.20?
Although some did go through on Monday, not much trading at $0.20 and not enough to really entice much from holders.
Good improvement but one swallow doesn't maketh a summer either....
percy
20-11-2023, 10:32 AM
Black Friday Sale Starts Now
The sale you've been waiting for! Shop 30% off all single products and essential packs.
No discount code needed.
Go to www.aioranz.com
iceman
07-12-2023, 04:41 PM
Good to see a sale going through at 30c today and a bit of further support at that level.
percy
20-12-2023, 05:05 PM
Bit of interest in PAZ..
BIDS
Quantity Price MPID
58,000 0.3000
5,000 0.3200
25,000 0.3100
100,000 0.2500
OFFERS
Quantity Price MPID
18,000 0.4000
20,000 0.4200
whatsup
21-12-2023, 11:38 AM
Bit of interest in PAZ..
BIDS
Quantity Price MPID
58,000 0.3000
5,000 0.3200
25,000 0.3100
100,000 0.2500
OFFERS
Quantity Price MPID
18,000 0.4000
20,000 0.4200
Yeh, 60,000 sales @ circa.30 today.
Sideshow Bob
21-12-2023, 01:58 PM
https://prod-trade.usx.co.nz/api/file/65838c181507a31d3f92689f.pdf
As indicated at the release of our Q3 result, we are pleased to provide an update on the performanceof the company for the current quarter.
The trading improvements seen in Q2 and Q3 continue into Q4 for which we are forecasting anotherpleasing result.
We are not forecasting Q4 to hit the same underlying EBITDA that we achieved inQ3 given the shorter trading month in December and year end cut-off issues, but we are stillexpecting to show a very favourable result for the quarter.
The Board wishes to thank all our shareholders and staff for their support over the year and arelooking forward to continued growth and opportunities into 2024 and beyond.Wishing everyone safe and happy holiday season.
whatsup
21-12-2023, 02:00 PM
https://prod-trade.usx.co.nz/api/file/65838c181507a31d3f92689f.pdf
as indicated at the release of our q3 result, we are pleased to provide an update on the performanceof the company for the current quarter.
The trading improvements seen in q2 and q3 continue into q4 for which we are forecasting anotherpleasing result.
We are not forecasting q4 to hit the same underlying ebitda that we achieved inq3 given the shorter trading month in december and year end cut-off issues, but we are stillexpecting to show a very favourable result for the quarter.
The board wishes to thank all our shareholders and staff for their support over the year and arelooking forward to continued growth and opportunities into 2024 and beyond.wishing everyone safe and happy holiday season.
nice ,nice< nice.
winner69
21-12-2023, 02:23 PM
nice ,nice< nice.
Definitely going back to $1
Better news through out next year ….and beyond
Bluebell
21-12-2023, 04:34 PM
Definitely going back to $1
Better news through out next year ….and beyond
.
How could you derive that that from such a vague report - it completely lacks any substance. The Chairman should be ashamed of himself. Veiled reports are becoming very regular with this outfit
iceman
21-12-2023, 07:42 PM
.
How could you derive that that from such a vague report - it completely lacks any substance. The Chairman should be ashamed of himself. Veiled reports are becoming very regular with this outfit
I agree about the lack of substance. I find this so called update disappointing. It tells us absolutely nothing. Very poor reporting from this company and in fact from the USX listed companies in general.
Baa_Baa
21-12-2023, 08:29 PM
I agree. I find this so called update disappointing. It tells us absolutely nothing. Very poor reporting from this company and in fact from the USX listed companies in general.
It's to be expected though, with low reporting standards and accountability on the USX, we shouldn't be raising our expectations imo, as we will only be disappointed as a result. Not to mention poor liquidity, that's the rub imo, combined with what we don't know what we don't know (because they don't tell us), and a 'market' that has extraordinarily low volumes and wide spreads, anything can happen.
I guess that we would only take a position in a USX stock if we have a very high conviction that in time it will do very well. There is no reason for any of them to convert to the NZX unless they want to raise capital. And being a small minority shareholder, we can only expect to be treated with contempt, disdain, and kept in a state of ignorance of what's really going on for the majors.
An annoyance even, those bloody minors who think they're going to make a fortune from us! We don't answer to them!!
winner69
22-12-2023, 07:47 AM
Hey guys ….it was only Christmas greetings and like a lot of Christmas messages included a bit about hey we doing well and all OK and looking forward to a Happy and Prosperous New Year
Nice of them to do that …I’ve sent off a email saying thanks and wishing them a happy Christmas etc.
DarkHorse
22-12-2023, 06:01 PM
Has anyone made any guesstimates for future earnings you'd like to share? Thanks and merry Christmas :)
iceman
22-12-2023, 11:16 PM
Has anyone made any guesstimates for future earnings you'd like to share? Thanks and merry Christmas :)
Totally impossible to guess the future on this one. We have a confirmed EBIDTA of $ 2.26M for the 9 months. I'm guessing we'll end up with an EBIDTA of around $ 3.5M for the year.
Last year we had $ 3.75M and a $ 1.1M NPAT.
Who knows what NPAT or EPS we are on this year but my absolute guesstimate is probably still only at something like 1.5c EPS. No good.
But we have now had 3 quarters of good sales and decent EBIDTA, even though they say the EBIDTA in Q3 is down from Q2. But we seem to be steadying up on quarterly sales of around $ 7.5 -8.5M and EBIDTA of $ 1.5-1.9M.
That is a good steadying of the business past COVID. I am pleased with that as I am sure much of the SH that stuck with the company are. Now I want to see what the plan is to grow the business with a quick & significant boost to the bottom line.
I can't wait to see Rolleston starting to produce good volumes because I think it will be a game changer !
EPS of 4.5C minimum for FY2026 and growing fast.
Talk about pulling numbers out of a hat :-) :-)
DarkHorse
29-12-2023, 09:35 PM
Totally impossible to guess the future on this one. We have a confirmed EBIDTA of $ 2.26M for the 9 months. I'm guessing we'll end up with an EBIDTA of around $ 3.5M for the year.
Last year we had $ 3.75M and a $ 1.1M NPAT.
Who knows what NPAT or EPS we are on this year but my absolute guesstimate is probably still only at something like 1.5c EPS. No good.
But we have now had 3 quarters of good sales and decent EBIDTA, even though they say the EBIDTA in Q3 is down from Q2. But we seem to be steadying up on quarterly sales of around $ 7.5 -8.5M and EBIDTA of $ 1.5-1.9M.
That is a good steadying of the business past COVID. I am pleased with that as I am sure much of the SH that stuck with the company are. Now I want to see what the plan is to grow the business with a quick & significant boost to the bottom line.
I can't wait to see Rolleston starting to produce good volumes because I think it will be a game changer !
EPS of 4.5C minimum for FY2026 and growing fast.
Talk about pulling numbers out of a hat :-) :-)
Cheers Iceman, appreciate your thoughts.
Sideshow Bob
08-01-2024, 09:55 AM
If they made $3.5m EBIT this year, then that would mean PE of around 32.
Still priced for growth.....more runs needed.
Joshuatree
02-02-2024, 06:02 PM
Hard to know if momentum has stalled or what.
Anyone else find the new Unlisted platform clunky,I can't even open announcements
blackcap
02-02-2024, 06:06 PM
Hard to know if momentum has stalled or what.
Anyone else find the new Unlisted platform clunky,I can't even open announcements
Unlisted platform is horrible. For starters you need to be signed in. That's already an impediment. Then trying to find the right info is terrible. I didn't like their old platform but it was a hell of a lot better than this monstrosity they have now.
whatsup
03-02-2024, 02:34 PM
.05 out of 10 IMHO !!!
percy
03-02-2024, 09:34 PM
Unlisted platform is horrible. For starters you need to be signed in. That's already an impediment. Then trying to find the right info is terrible. I didn't like their old platform but it was a hell of a lot better than this monstrosity they have now.
I am having a bit of a laugh.
I will often go to USX site two or three times a day.Get cheesed off having to type in my password each time.
Then I remembered when I followed the UK market in the late 1980s and early 90s.
Had to drive into town.Find a park.Then go up to the 3rd floor of ChCh library to the newspapers section.Then find a FT and then look at the market prices.
All up about an hour.
USX is a good bit quicker...lol.
Sideshow Bob
05-02-2024, 08:16 AM
I am having a bit of a laugh.
I will often go to USX site two or three times a day.Get cheesed off having to type in my password each time.
Then I remembered when I followed the UK market in the late 1980s and early 90s.
Had to drive into town.Find a park.Then go up to the 3rd floor of ChCh library to the newspapers section.Then find a FT and then look at the market prices.
All up about an hour.
USX is a good bit quicker...lol.
Haha that's brilliant!! :)
Not quite teletext......
But USX go to the trouble of building a new platform, and what they do with that time, effort and money is build is a complete dog, at least for the general public.
percy
14-02-2024, 09:47 AM
Good new board appointment.
https://prod-trade.usx.co.nz/api/file/65cbd3787b7189fb73e9d870.pdf
Sideshow Bob
14-02-2024, 10:48 AM
Good new board appointment.
https://prod-trade.usx.co.nz/api/file/65cbd3787b7189fb73e9d870.pdf
Emailed out to shareholders an hour ago - not yet on the USX website......
winner69
14-02-2024, 10:50 AM
Is there ever a bad Board appointment
percy
14-02-2024, 04:25 PM
Is there ever a bad Board appointment
Ask a PGW shareholder...lol
whatsup
10-04-2024, 08:56 AM
Percy, when is the next financial ann due and what are u expecting from PAZ ?
percy
10-04-2024, 11:50 AM
Percy, when is the next financial ann due and what are u expecting from PAZ ?
Result is overdue.
I am expecting a modest profit.
All production is still only coming from Port Hills site.
Rolleston still not in production.
What I will be looking for is a firm date production will be starting at Rolleston,and where they will be concentrating their efforts,ie extraction or freeze drying.
The outlook statement at their agm should give us some guidance to base projections on.AGM is usually held in May.
Joshuatree
10-04-2024, 12:44 PM
Thanks percy for that.
iceman
10-04-2024, 03:08 PM
We didn't get the Annual Report until 15 May last year !
Sideshow Bob
12-04-2024, 11:09 AM
PAZ shareholders certainly are a patient lot.....
About 43,000 shares traded this year out of 253 million on issue. :sleep:
iceman
30-04-2024, 11:05 AM
I have today received an email from PAZ advising their Aiora products are increasing in price by 10-30%.
“Hard to swallow” as a customer but very pleasing as a SH, as long as the customers accept it !!
PAZ shareholders certainly are a patient lot.....
About 43,000 shares traded this year out of 253 million on issue. :sleep:
For me they are bottom draw stuff. Forget about them until I see someone has posted something !
Bluebell
13-05-2024, 07:51 PM
Not much news coming out of this outfit. Can't be too many successes otherwise they would be making announcements. Have been reading some former reports and wondering if they've achieved what they said they were going to do.
2022 Annual report mentioned that CIBUS was expected to invest a further $4.2m - $4.5m within 20 months. Wondering if that came through? Also has their freeze drying capacity tripled as they said since 2022.
Think it was about this time last year that they invited shareholders out to the Rolleston site to look at the new facility, last years report said they would have Tawhiri 1 running early 2024 - interested to know if its generating revenue yet.
Chairmans report described the sale and lease back of Tawhiri 1 to the tune of $9m to enable Tawhiri 2 to commence. I drove past the site a month or so ago - doesn't look like anything has been done - looks like a storage shed missing its sides so no change since the chairmans report.
2023 was supposed to see a new drier operational at Tawhiri 1 early Q4 2023 and another late Q4 2023.
Apathy
14-05-2024, 08:49 AM
Not much news coming out of this outfit. Can't be too many successes otherwise they would be making announcements. Have been reading some former reports and wondering if they've achieved what they said they were going to do.
2022 Annual report mentioned that CIBUS was expected to invest a further $4.2m - $4.5m within 20 months. Wondering if that came through? Also has their freeze drying capacity tripled as they said since 2022.
Think it was about this time last year that they invited shareholders out to the Rolleston site to look at the new facility, last years report said they would have Tawhiri 1 running early 2024 - interested to know if its generating revenue yet.
Chairmans report described the sale and lease back of Tawhiri 1 to the tune of $9m to enable Tawhiri 2 to commence. I drove past the site a month or so ago - doesn't look like anything has been done - looks like a storage shed missing its sides so no change since the chairmans report.
2023 was supposed to see a new drier operational at Tawhiri 1 early Q4 2023 and another late Q4 2023.
Always find it interesting when somone joins the platform with a single axe to grind - posts on no other threads... even more interesting when the join just after the company has a clean out - at all levels of the operation.
Always find it interesting when somone joins the platform with a single axe to grind - posts on no other threads... even more interesting when the join just after the company has a clean out - at all levels of the operation.
...and their location is Christchurch. Nice observation.
Caribbean
15-05-2024, 11:00 PM
Any news on results and a date for AGM? Well over due.
winner69
16-05-2024, 08:07 AM
One of the joys of being listed on USX is no rush to tally up the years number
If on NZX would have had to be released in 60 days …ie Dec yearvend due end of February at latest
percy
16-05-2024, 08:42 AM
One of the joys of being listed on USX is no rush to tally up the years number
If on NZX would have had to be released in 60 days …ie Dec yearvend due end of February at latest
I hear the agm will be held on 27th June.
Not sure when we will get the annual report.
percy
29-05-2024, 05:16 PM
FINANCIAL RESULTS FOR THE YEAR TO 31 DECEMBER 2023
PharmaZen resilient amid challenging trading conditions
Christchurch biotechnology company PharmaZen (USX.PAZ) today reports continued growth in
revenue and underlying earnings as it benefits from investment in new capacity and strong demand for
its range of nutraceuticals and supplements.
Revenue for the year to the end of December 2023 rose 10% to $28.9 million from $26.3 million in the
prior year, with a strong performance in the second half of 2023 overcoming the staffing and production
challenges of the first half.
Underlying earnings before interest tax depreciation and amortisation (Underlying EBITDA)
1
rose 11%
to $4.2 million from $3.75 million in the prior year. Rising costs alongside the production constraints of
the first half weighed on the final result. However, these pressures were offset by higher sales volumes
and better mix of products contributing a greater share of the revenue with gross margins increasing to
33% from 31% in the same period a year ago.
PharmaZen Chairman Ken Fergus said: “Our capital investment and expansion program over the last
few years is truly delivering for the company. Demand remains extremely strong and there were no
issues fulfilling the additional capacity other than staffing and raw materials. There is no doubt that
without the additional dryers we would not have been able to recover from the poor start to the financial
year.
“Inflation, employment costs, rising interest rates, and an extremely challenging insurance market have
added significant costs to the business and increased pressure on our cash resources as we continued
with our capital investment programme.”
Mr Fergus said PharmaZen was confident in its long-term prospects.
“While supply constraints for products such as krill oil remain, demand for our products globally
continues to be strong and we see new and lucrative opportunities in marine oils, botanicals and pet
foods particularly in the Chinese market,” Mr Fergus said.
“With key production facilities nearing completion we are well positioned to capitalise on the many
opportunities we see. We look forward to providing a further update to shareholders at our annual
meeting.”
For further information:
Craig McIntosh
Managing Director
PharmaZen +64 21 372 069
About PharmaZen:
PharmaZen (USX.PAZ), which trades as W
percy
29-05-2024, 05:40 PM
Looking Ahead
With end customer demand continuing to be strong, we go into 2024 with considerable optimism.
New opportunities are arising in and around our consumer product ranges with AiOra set to receive a significant push in
2024. New Zealand music icon Boh Runga is taking on an ambassador role fronting our range extension into glandulars.
The AiOra range was developed to access the non-ingredient markets in Southeast Asia, and it is pleasing to note that we
will have products in both China and Korea this year.
The pet range will be launched across three online platforms in China in July. In conjunction with our Chinese partner
significant work has gone into finalising packaging, product and distribution channels.
Challenges with trademark registration will see the range marketed as Waitaki Pet and we are enthusiastic about the initial
feedback and potential
percy
29-05-2024, 06:37 PM
I note revenue for the year was $28.9 mil.Considering the very poor first half revenue was only $10.3 mil,the second half revenue was a very good $18.6 mil.This revenue was delivered from Port Hills Road site only.
Rolleston.Hopefully they start operations as they say at the end of July.
Should PAZ be able to keep Port Hills Road producing at current levels we can expect revenue there may reach over $37 mil to $39 mil.
With gross margin currently 33% we should see PAZ produce a very satisfactory result for the year ending 31st December 2024.
Now the big question that should be answered at the agm on June 27th,is what revenue Rolleston will produce.?
We will hear later in the year how the pet food sales are going;
The pet range will be launched across three online platforms in China in July. In conjunction with our Chinese partner
significant work has gone into finalising packaging, product and distribution channels.
Therefore there is a lot to look forward to.
whatsup
29-05-2024, 07:16 PM
Well done Percy and the PAZ team, at last all is falling into place after a couple of years frustration , I can only see onwards and upwards form here.
Im picking that this years AGM will be a water shed one, thank you staff and the top table.
DarkHorse
29-05-2024, 08:00 PM
Pleased to see the second half of 2023 went much better than the first.
Pretty underwhelmed with the communication though - it took til the end of May to give us figures to the end of December, with no trading updates, less than an A4 page of commentary by the Chair and nothing from the CEO.
I suppose more will be revealed at the AGM, but why do we have to wait even longer for any meaningful data from 2024?
Sideshow Bob
29-05-2024, 08:35 PM
And in celebration 30,000 shares traded today - the 6th trade this year!!
Sideshow Bob
29-05-2024, 08:38 PM
But in all seriousness, need to have a read of the Annual Report.
iceman
30-05-2024, 08:30 AM
And in celebration 30,000 shares traded today - the 6th trade this year!!
21,000 actually and yes, guilty as charged. New deck.
percy
30-05-2024, 11:00 AM
PAZ Annual report;
https://usx.us5.list-manage.com/track/click?u=746ad5c195883aa443504e861&id=4fbc16908e&e=c8d1cd4df0
nizzy
30-05-2024, 11:49 AM
...but the result is not that great actually - NPAT is a loss for the year once you remove the one-offs like a paper accounting gain. So, an actual loss on trading. Agree with others that PAZ communications leave a good deal to be desired. The Chair's commentary is cursory and generalist and nothing from the CEO.
blackcap
30-05-2024, 12:02 PM
...but the result is not that great actually - NPAT is a loss for the year once you remove the one-offs like a paper accounting gain. So, an actual loss on trading. Agree with others that PAZ communications leave a good deal to be desired. The Chair's commentary is cursory and generalist and nothing from the CEO.
Gross profit being up is a good thing I think.
Can anyone explain what is meant by "Fair value (gain) on financial liabilities measured at fair value" ? This amount inflates the bottom line by $6.3 million.
There is also that pesky (capitalised interest) of about $1 million that also inflates the bottom line by that much.
The cash flow statement does provide more clarity. Operating activities of minus $1.3 million. To be fair, receivables are up by $3 million and payables only by half a mill.
Might have to do some more in-depth research.
Sideshow Bob
30-05-2024, 02:17 PM
...but the result is not that great actually - NPAT is a loss for the year once you remove the one-offs like a paper accounting gain. So, an actual loss on trading. Agree with others that PAZ communications leave a good deal to be desired. The Chair's commentary is cursory and generalist and nothing from the CEO.
Given the AGM is 27th of June (all but halfway through the year) they should be able to give a very solid outlook/update for the current year.
Getting a little shoddy IMO with commentary and communication. Need to do better as shareholders have been pretty patient. Do Cibus operate on the same info??
blackcap
30-05-2024, 02:21 PM
Given the AGM is 27th of June (all but halfway through the year) they should be able to give a very solid outlook/update for the current year.
Getting a little shoddy IMO with commentary and communication. Need to do better as shareholders have been pretty patient. Do Cibus operate on the same info??
Do Cibus have board representation? If they do they obviously operate on different info.
Sideshow Bob
31-05-2024, 08:42 AM
Do Cibus have board representation? If they do they obviously operate on different info.
Don't believe so since Damien Petrie resigned off the board July last year.
blackcap
31-05-2024, 09:07 AM
Don't believe so since Damien Petrie resigned off the board July last year.
Thanks, I don't really follow this company so had no idea of their board structure.
If they don't, then in theory they should have the same information as us plebs.
However, they might call the company from time to time and ask for insights and update. Nothing to stop us pleb shareholders doing the same.
I remember calling the PAZ CFO a year ago and getting some interesting info from him regarding the capitalised interest.
More shareholders should be active and call their businesses but you can only bring a horse to water..
Sideshow Bob
31-05-2024, 09:53 AM
Agree. They are likely to be more active than private investors in seeking information/contacting the company - and as you say, nothing to stop us doing the same.
However if PAZ had better communication then the less need to do so. I think they have around 550-600 shareholders, so expect management wouldn't be thrilled to hear from each of them on an on-going basis.
Appreciate those members who talk to mgmt and attend AGM's etc and share their findings.
blackcap
31-05-2024, 10:12 AM
Agree. They are likely to be more active than private investors in seeking information/contacting the company - and as you say, nothing to stop us doing the same.
However if PAZ had better communication then the less need to do so. I think they have around 550-600 shareholders, so expect management wouldn't be thrilled to hear from each of them on an on-going basis.
Appreciate those members who talk to mgmt and attend AGM's etc and share their findings.
Totally agree. Maybe if 100 shareholders harangue them each week for info, they might be more forthcoming themselves.. :)
whatsup
10-06-2024, 12:29 PM
Percy,
With the todays article re dog food, in the N Z Herald I thought that I heard somewhere the PAZ was into pet food, I know its a truly massive business world wide, Japan in the hundreds of millions.
Sideshow Bob
10-06-2024, 12:42 PM
Percy,
With the todays article re dog food, in the N Z Herald I thought that I heard somewhere the PAZ was into pet food, I know its a truly massive business world wide, Japan in the hundreds of millions.
I maybe wrong, but I think PAZ are focusing on treats rather than food initially? Their original brand was DOT (department of treats).
Petfood (and treats) has become such a crowded space, even in NZ. There are now several companies/factories in NZ that their sole focus is to provide OEM production to primarily foreign companies brands. The number of brands coming out of NZ alone is exponentially higher than a few years ago.
Hope they are successful, but unfortunate they didn't get started back when they did the initial work on DOT - as more challenging with crowded space and economic environment. But also I think PAZ are producing also doing some OEM production as well as their own??
blackcap
10-06-2024, 12:54 PM
I maybe wrong, but I think PAZ are focusing on treats rather than food initially? Their original brand was DOT (department of treats).
Petfood (and treats) has become such a crowded space, even in NZ. There are now several companies/factories in NZ that their sole focus is to provide OEM production to primarily foreign companies brands. The number of brands coming out of NZ alone is exponentially higher than a few years ago.
Hope they are successful, but unfortunate they didn't get started back when they did the initial work on DOT - as more challenging with crowded space and economic environment. But also I think PAZ are producing also doing some OEM production as well as their own??
Petfood treats are a rort.
We have a couple of dogs and the thing they love most is a fresh bone out of the freezer (from the beef we slaughtered).
Our newly acquired kitten (to catch mice) loves nothing more than rolling a walnut along the ground with the associated noise it makes.
People that buy "treats" and "gimmicks" for pets are nut cases.
Sideshow Bob
10-06-2024, 02:12 PM
Part of the whole "humanisation" of petfood trend.
And also treating pets like a child/family.
whatsup
10-06-2024, 02:51 PM
Part of the whole "humanisation" of petfood trend.
And also treating pets like a child/family.
I read somewhere the in Italy this generation of breeders, dont know what catagory they fit into but lets call them " the woke generation " are not having children but are into pets , specifically dogs ( and small dogs to boot ) as they dont have the decipline or understanding to raise children, understandably when we hear that the dont leave home until the mid to late thirties, but then this was the country that had 1 forward gear in their tanks and 4 reverse.
winner69
10-06-2024, 03:04 PM
Speedy Az loves his Mutt Butter Peanut Cookies
https://muttbutter.co.nz/collections/all
whatsup
10-06-2024, 04:15 PM
Speedy Az loves his Mutt Butter Peanut Cookies
https://muttbutter.co.nz/collections/all
Tell me that the $50-$70 / bag is a joke ?
winner69
10-06-2024, 04:19 PM
Tell me that the $50-$70 / bag is a joke ?
6 bags ….so about $10 a bag but more expensive than cookies for humans eh
Speedy Az not complaining about price lol
Sideshow Bob
10-06-2024, 05:14 PM
Tell me that the $50-$70 / bag is a joke ?
Here you go Whatsup.....
Here is the reason why they got sold for $1.5b (big for big ones)
https://www.animates.co.nz/brands/ziwipeak
percy
10-06-2024, 05:20 PM
The pet range will be launched across three online platforms in China in July. In conjunction with our Chinese partner
significant work has gone into finalising packaging, product and distribution channels.
Challenges with trademark registration will see the range marketed as Waitaki Pet and we are enthusiastic about the initial
feedback and potential
I expect to hear/see more about this at the agm on the 27th June.
winner69
10-06-2024, 05:53 PM
Speedy Az and his bro have to make do with Coprice …20kg bags for $100
Imported from Australia
percy
10-06-2024, 06:08 PM
Even the Tasmanians are into per food.
https://www.isleandsky.com.au/
davflaws
10-06-2024, 08:13 PM
this was the country that had 1 forward gear in their tanks and 4 reverse.
The joke about Italian tanks was that the one forward gear was installed in case of a surprise attack from the rear.
whatsup
11-06-2024, 02:33 PM
The joke about Italian tanks was that the one forward gear was installed in case of a surprise attack from the rear.
Never could trust those the attack/penetrate from the rear !
percy
25-06-2024, 10:39 AM
I am looking forward to PAZ's agm on Thursday,especially their presentation outlook.A lot of exciting projects happening.
Just hope I am rid of my cold,otherwise I will watch online.
With Port Hills Road factory running at full speed,it will be interesting seeing how well,and how quickly Rolleston One
comes up to speed.
whatsup
25-06-2024, 10:52 AM
I am looking forward to PAZ's agm on Thursday,especially their presentation outlook.A lot of exciting projects happening.
Just hope I am rid of my cold,otherwise I will watch online.
With Port Hills Road factory running at full speed,it will be interesting seeing how well,and how quickly Rolleston One
comes up to speed.
P, unfortunately I cannot attend but will read very closely your after AGM report if you can attend, is it being broadcast for us onliners ?
percy
25-06-2024, 10:59 AM
PharmaZen Limited ( Company ) , Annual Shareholders ’ Meeting will be held on Thursday, June 27 th , 2024, at 11:30
am at the BNZ Christchurch Partners Centre , Level 4, 111 Cashel Street, Christchurch and online at
www.virtualmeeting.co.nz/paz24 .
percy
27-06-2024, 12:57 PM
First 6 months revenue up 25% on same period last year.
Ministry of Primary Industries approval for Rolleston One factory completed.
Production to start there shortly.
Krill oil supplier's issues means PAZ's extraction plant is under utilised currently.
New products including for pets coming to market over the next few months.
Board renewal under way.
whatsup
27-06-2024, 01:23 PM
First 6 months revenue up 25% on same period last year.
Ministry of Primary Industries approval for Rolleston One factory completed.
Production to start there shortly.
Krill oil supplier's issues means PAZ's extraction plant is under utilised currently.
New products including for pets coming to market over the next few months.
Board renewal under way.
Half yearlys will be very interesting in 6 weeks time after listening to todays AGM presentation, I must say it should be upwards from here after the years of very trying set backs, well done to the board for holding it together during this very trying time.
I think that the $1-00 S P which was reached a few years ago could once again be on the horizen in a few years time if all targets are hit.
percy
27-06-2024, 02:23 PM
Half yearlys will be very interesting in 6 weeks time after listening to todays AGM presentation, I must say it should be upwards from here after the years of very trying set backs, well done to the board for holding it together during this very trying time.
I think that the $1-00 S P which was reached a few years ago could once again be on the horizen in a few years time if all targets are hit.
Yes been hard few years for PAZ.
As you point out things are now starting to line up for them.
What has never changed is the demand and opportunities for PAZ products.
DarkHorse
27-06-2024, 06:02 PM
Hopefully they'll put a recording online for those of us who had to work.
Any other info much appreciated.
percy
02-07-2024, 02:34 PM
With Rolleston One factory [Tawhiri] due to be operational shortly, new product AiOra launches in Korea and China, together with pet range launch via three online platforms in China,I expect more information will be shared with shareholders in future.
Sideshow Bob
02-07-2024, 02:55 PM
With Rolleston One factory [Tawhiri] due to be operational shortly, new product AiOra launches in Korea and China, together with pet range launch via three online platforms in China,I expect more information will be shared with shareholders in future.
Based on the latest NZ export stats for petfood.....
Exports into all Asian countries are flat or reducing; Japan, Taiwan, Hong Kong and Singapore but particularly into China, where annual exports have reduced from $129.7 million to $94.5 million over the last year.
China is proving very competitive with local brands growing quickly.
percy
02-07-2024, 03:01 PM
The pet range will be launched across three online platforms in China in July. In conjunction with our Chinese partner
significant work has gone into finalising packaging, product and distribution channels.
Note July [this month] launch.
So early days.
percy
02-07-2024, 03:13 PM
Managing Director's AGM presentation starts at page 22,.
https://prod-trade.usx.co.nz/api/file/667ce944dc9e0482a73b9fa3.pdf
Sideshow Bob
02-07-2024, 05:47 PM
The pet range will be launched across three online platforms in China in July. In conjunction with our Chinese partner
significant work has gone into finalising packaging, product and distribution channels.
Note July [this month] launch.
So early days.
Very early days, and hope they succeed. They'll get a bit of traction with the likes of the gummies.
Just pity it wasn't a few years ago as planned, now there are many more competitors, both within and from outside of China. Especially the Chinese companies, they've really upped their game.
As an example of the competition, there is this company as distributors - https://ir.boqii.com/ They represent over 580 brands in the pet space. So have to get some oxygen for their brand to breathe.....
percy
02-07-2024, 06:26 PM
Very early days, and hope they succeed. They'll get a bit of traction with the likes of the gummies.
Just pity it wasn't a few years ago as planned, now there are many more competitors, both within and from outside of China. Especially the Chinese companies, they've really upped their game.
As an example of the competition, there is this company as distributors - https://ir.boqii.com/ They represent over 580 brands in the pet space. So have to get some oxygen for their brand to breathe.....
I think directors and shareholders would agree with you.
We live in interesting times.
Sideshow Bob
05-07-2024, 07:19 PM
Articles on Pharmazen - Page 7
https://www.farmersweekly.co.nz/digital-edition/?utm_source=AgriHQ&utm_campaign=e97eee7ff4-FWT+5.7.24&utm_medium=email&utm_term=0_-e97eee7ff4-%5BLIST_EMAIL_ID%5D
Bluebell
09-07-2024, 05:47 PM
Do Cibus have board representation? If they do they obviously operate on different info.
I'm curious to know where CIBUS is at. At the AGM the chairman was asked about their representation on the board, he didn't know why they weren't exercising this position. One would have thought they would know why given in the same meeting he said they have a very good relationship with CIBUS
percy
09-07-2024, 06:30 PM
PAZ's UK based director Dr.Wayne Burt remains "close" to Cibus.
Sideshow Bob
09-07-2024, 09:13 PM
PAZ's UK based director Dr.Wayne Burt remains "close" to Cibus.
I think the Chairman also stated that they weren't privy to any information not shared with other shareholders.
Baa_Baa
09-07-2024, 09:52 PM
I think the Chairman also stated that they weren't privy to any information not shared with other shareholders.
The elephant in the room is that this was spruiked massively, sucking in multiple investors (some of whom cannot or could not, or should not afford to be in the position they are now in) who are now down massive multiples and it might take years, if ever, to get back to the +$1.00's if it ever does. Well done the spruickers, you got the audience invested, but now you should hold your head in shame hoping it all comes true some day, but will it, and when?
Influence imo should be be carefully executed, Asimov said, "prognostication is all too often scorn to begin with and ridicule to end with". Well, now deal with the ridicule, PAZ has lost many investors untold $, which some might not be in a position to have lost. Shame on the spruickers.
percy
10-07-2024, 08:01 AM
The same could be said for the following shares listed on NZX;
AGL,AIR,AOF,ARB,ARV,ATM,BAI,BLT,BRW,CVT,ERD,GFI,GX H,IKE,KMD,MEE,MHJ.MOV,MPG,NTL,NZK,OCA,PEB,RAK,RYM, SML and TRU.
What PAZ is trying to achieve remains on course.Just a great number of set backs have held them back.
Their existing factory at Port Hill Road is achieving great production results.New factory at Rolleston, which is state of the art is finished,and will slowly be brought into production.Turnover has increased in the past 6 years from $7mil to $29m last year.
Further hard work and a few things going PAZ's way should see PAZ having an exciting future.
winner69
10-07-2024, 08:29 AM
The same could be said for the following shares listed on NZX;
AGL,AIR,AOF,ARB,ARV,ATM,BAI,BLT,BRW,CVT,ERD,GFI,GX H,IKE,KMD,MEE,MHJ.MOV,MPG,NTL,NZK,OCA,PEB,RAK,RYM, SML and TRU.
What PAZ is trying to achieve remains on course.Just a great number of set backs have held them back.
Their existing factory at Port Hill Road is achieving great production results.New factory at Rolleston, which is state of the art is finished,and will slowly be brought into production.Turnover has increased in the past 6 years from $7mil to $29m last year.
Further hard work and a few things going PAZ's way should see PAZ having an exciting future.
Further hard work and a few things going PAZ's way should see PAZ having an exciting future
The same could be said for the following shares listed on NZX; AGL,AIR,AOF,ARB,ARV,ATM,BAI,BLT,BRW,CVT,ERD,GFI,GX H, IKE,KMD,MEE,MHJ.MOV,MPG,NTL,NZK,OCA,PEB,RAK,RYM,SM L and TRU.
Exciting times ahead
sorry Percy …just getting in before Baa_Baa
percy
10-07-2024, 08:31 AM
Further hard work and a few things going PAZ's way should see PAZ having an exciting future
The same could be said for the following shares listed on NZX; AGL,AIR,AOF,ARB,ARV,ATM,BAI,BLT,BRW,CVT,ERD,GFI,GX H, IKE,KMD,MEE,MHJ.MOV,MPG,NTL,NZK,OCA,PEB,RAK,RYM,SM L and TRU.
Exciting times ahead
sorry Percy …just getting in before Baa_Baa
Off course I missed FBU,MFB ,WCO and WHS .
Yes the next couple of years should see some on the list do well,while others will remain serial under performers.
Perhaps PAZ will out perform them all.??...
Joshuatree
10-07-2024, 11:12 AM
The elephant in the room is that this was spruiked massively, sucking in multiple investors (some of whom cannot or could not, or should not afford to be in the position they are now in) who are now down massive multiples and it might take years, if ever, to get back to the +$1.00's if it ever does. Well done the spruickers, you got the audience invested, but now you should hold your head in shame hoping it all comes true some day, but will it, and when?
Influence imo should be be carefully executed, Asimov said, "prognostication is all too often scorn to begin with and ridicule to end with". Well, now deal with the ridicule, PAZ has lost many investors untold $, which some might not be in a position to have lost. Shame on the spruickers.
Shame ,big shame for the spruikers of OCA especially the one that fell silent after promoting ,influencing ( follow me)and pumping OCA for years,big shame.Blahbabbaa as well.
If your post was aimed at Percy well get a life,he is one of the few posters I can value and trust on here for his enthusiasm,honesty and generous sharing of his investments and ideas.
Walter
21-07-2024, 05:10 PM
Another article here
PharmaZen finds cash in ‘trash’ by-products (farmersweekly.co.nz) (https://www.farmersweekly.co.nz/technology/pharmazen-finds-cash-in-trash-by-products/)
Bluebell
21-07-2024, 05:21 PM
PAZ's UK based director Dr.Wayne Burt remains "close" to Cibus.
If that were really the case then one would have thought the Chairman would know why they weren't exercising the position on the board...maybe they've had enough of the old boys club
iceman
21-07-2024, 06:35 PM
If that were really the case then one would have thought the Chairman would know why they weren't exercising the position on the board...maybe they've had enough of the old boys club
They have never really shown any real interest in the Board position. My understanding always has been that their input was more on the marketing side with their contacts and partners in the UK/Europe. Maybe they just feel little benefit from a Board position, both for PAZ and themselves !
iceman
22-07-2024, 12:27 PM
The elephant in the room is that this was spruiked massively, sucking in multiple investors (some of whom cannot or could not, or should not afford to be in the position they are now in) who are now down massive multiples and it might take years, if ever, to get back to the +$1.00's if it ever does. Well done the spruickers, you got the audience invested, but now you should hold your head in shame hoping it all comes true some day, but will it, and when?
Influence imo should be be carefully executed, Asimov said, "prognostication is all too often scorn to begin with and ridicule to end with". Well, now deal with the ridicule, PAZ has lost many investors untold $, which some might not be in a position to have lost. Shame on the spruickers.
The "Elephant in the room", AKA Mr OCA, has spoken 🤣🤣🤣
percy
29-07-2024, 09:47 AM
Does any one have access to this NBR article and can share it with us.?
NBR
YOUR BUSINESS
Waitaki Biosciences’ heavy capital investment starts to pay off
The nutraceutical pioneer is launching its own branded range into China after boosting manufacturing capacity.
percy
30-07-2024, 02:58 PM
Another article here
PharmaZen finds cash in ‘trash’ by-products (farmersweekly.co.nz) (https://www.farmersweekly.co.nz/technology/pharmazen-finds-cash-in-trash-by-products/)
Following on from the Farmers Weekly article there has been further positive articles,one in Womans Day on AiOra brand Ambassador Boh Runga,and another in NBR.
However, the stand out to me was the one in NZSA's write up on PAZ's AGM, where the writer declared he bought a small holding the day after the meeting.!!..lol
Sideshow Bob
16-08-2024, 09:17 AM
HY 2024 Results
https://prod-trade.usx.co.nz/api/file/66be6f290c033b1c231d90cf.pdf
Strong Sales Growth ContinuesChristchurch biotechnology company PharmaZen (USX.PAZ) today reports first-half sales of$13.7m and Underlying EBITDA of $620k.
As presented at the Annual Shareholder Meeting demand across all sections of the businesscontinues to be strong with sales up over 25% on same period in 2023.The first six months of the year are typically the most challenging and this year was madeparticularly difficult with supply issues for our krill extraction business as a result of our krillsupply partner’s delays with their new boat.
The fact that sales are up with the extraction plantthat produces the krill products operating at very low levels reflects the strength of our otherranges.Underlying EBITDA while up on prior year first half was off a low base and reflects a combinationof increased indirect costs and lower than optimal utilisation.
PharmaZen Chair Ken Fergus said: “Given supply issues with krill the sales growth is extremelypleasing. The EBITDA falls short of where we wanted it to be and it’s a consequence of multiplefactors, including cost pressures from insurance and significantly increased marketing investmentwith the branded products – particularly the August pet launch.
However, the main impact has beenfrom utilisation. Profitability is heavily dependent on utilisation and volume - while up on the priorperiod - is not at the levels that we know we can now achieve.”The Tawhiri factory at Rolleston now has the key country listings in place, and we have started tomove products and production out to this new plant. Processing from this plant will accelerate overthe coming months, further increasing our capacity.
OutlookThe increase in capacity the company has put in place and the continuing strong demand we are seeingfrom our customers puts the company in a great position to achieve increased sales and profitability inthe second half and into the next financial year and beyond.
Ken Fergus commented that “Our challengesare around maintaining our high standards of product quality and carefully managing capex as we getTawhiri rolling. We are very excited by the potential of the new opportunities we see in our markets andare confident that we have the right people and processes in place to benefit from these newopportunities”.
Sideshow Bob
16-08-2024, 09:45 AM
No other great insight further to the AGM. Still plodding away.
The krill supply issue has to be a worry, as is plant utilisation. Spend all this money on capacity, and have to use it.....
Firmly in the bottom drawer.
percy
16-08-2024, 11:13 AM
No other great insight further to the AGM. Still plodding away.
The krill supply issue has to be a worry, as is plant utilisation. Spend all this money on capacity, and have to use it.....
Firmly in the bottom drawer.
PAZ had delay after delay building their new factory.
Pity their Kril supplier had even more delays getting their new ship built.
In the meantime their other plant has to carry the business.
No news about their new product launches.Perhaps an update in a couple of months would be warranted.
Sideshow Bob
16-08-2024, 11:40 AM
They said their pet launch is in August - so would presume at Pet Fair Asia in Shanghai later in the month, where it looks like 5 halls of pet food/treats.
Unfortunate that has taken so long. That space has become so crowded so will be more challenging to get cut through. Also with consumer spending etc, likely more focus on spending on food, rather than treats - which are a bit of an extra.
There has also been a rise of the Chinese manufacturers for pet - much like milk powder etc. Their standards (and also marketing) have improved greatly in recent times, so being imported or from NZ isn't a free ticket to ride. Not sure what products Waitaki are doing, but expect will have some interesting/novel/functional offerings compared to the rest of the market, leveraging off human ingredients etc.
As a shareholder, sure hope they are successful.
iceman
16-08-2024, 09:28 PM
PAZ had delay after delay building their new factory.
Pity their Kril supplier had even more delays getting their new ship built.
In the meantime their other plant has to carry the business.
No news about their new product launches.Perhaps an update in a couple of months would be warranted.
There will always be a risk with Krill supply. Only a handful of operators in the World and PAZ relies on one of them.
Sideshow Bob
17-08-2024, 08:03 AM
There will always be a risk with Krill supply. Only a handful of operators in the World and PAZ relies on one of them.
Sounds like high risk
Hopefully that means high reward.....
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