What are the 6 exciting stock stories to read on NZX?


  • Cxbladder products proving helpful in HIT detection
  • Delegat Group offers guidance and performance update
  • Annual meeting results announced by Investore Property and Oceania Healthcare

With novel updates on stock movement and price, market conditions as well as latest announcements made by Companies, each day brings out interesting breakout stocks. Have a look at the ones in news today.

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Ryman Healthcare Limited (NZX:RYM)

Offering premium old age care homes in the country, this Company offers a number of retirement villages all across. As per their latest annual result announcement for the period up to 31 March 2021, the Company made good results even amidst a difficult year. The profit earned was NZ$224.4 million, down by 7.3% from pcp. The IFRS profit was recorded NZ$423.1 million up 59.8% from pcp.

On 27 July 2021, Ryman Healthcare Limited traded at NZ$12.660, down by 1.09% at the time of writing.

Also read: Do these 10 NZX healthcare stocks hold edge in 2021?

Pacific Edge Limited (NZX:PEB)

An organization dedicated to cancer research and detection, Pacific Edge Limited works in molecular oncology, cancer genetics and clinical research etc. In its latest announcement , the Company revealed that one of its product line the Cxbladder has been useful in testing different kinds of HIT (High intensity Cancer) afflicted patients. The early detection of gruesome forms of cancers can help in their efficient treatment.

On 27 July 2021, Pacific Edge Limited traded at NZ$1.230, flat at the time of writing.

Also read: Here’s a glance at the top 10 NZX 50-listed companies

Barramundi Limited (NZX:BRM)

Offering various opportunities for investment in the equity market in Australia, this is a NZ based listed Company. Barramundi offered gross performance up by 10.5% as compared to pcp. There was a dividend of 1.63 cents per share successfully paid to the shareholders on 25 June 2021, while the DRP trend also remains at 36%. On 30 June 2021, the premium recorded was 36.8%, share price NZ$1.10 and the BRM NAV was NZ$0.87.

On 27 July 2021, Barramundi Limited traded at NZ$1.070 flat at the time of writing.

Read now: How are 6 interesting stocks performing on the NZX?

Delegat Group Limited (NZX:DGL)

This wine based Company has operations running through New Zealand, Canada, UK, US, and China. In its annual results and guidance for case sales offered on 13 July 2021 it was revealed that the NPAT was NZ$64.6 million.  With 3,178, 000 cases of wine sold through the period, at a decline of 3% from pcp, with the guidance for NPAT 2022 expected to be in the range of NZ$57 million to NZ$ 61 million respectively.

On 27 July 2021, Delegat Group Limited traded at NZ$14.100, flat at the time of writing.

Don’t miss: A peek into 5 hot NZX dividend stocks to explore in June 2021

Investore Property Limited (NZX:IPL)

This commercial property investment based Company was established in 2015. In its Annual meeting for shareholders, PricewaterhouseCoopers as the auditor shall receive a remuneration decided by the Directors. Besides this, the remuneration of the directors shall receive an increase, while Grainne Troute shall be re-elected as the Director.

On 27 July 2021, Investore Property Limited traded at NZ$2.070, down by 0.48% at the time of writing.

Oceania Healthcare Limited (NZX:OCA)

This is another company in today’s list that offers palliative facilities for old age care. In the company’s annual meeting, Alan Isaac, sally Evans, Dame Kerry Prendergast and Gregory Tomlinson were re-elected as the Directors of the Company.

On 27 July 2021, Oceania Healthcare Limited traded at NZ$1.530, down by 0.65% at the time of writing.

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