- May 20, 2022 03:33 PM NZST
Highlights Aged care providers have been facing a massive shortage of nurses due to pay gaps, and the Budget did not announce anything to solve the issue. Ryman posted a 13.6% rise in profits for FY22. Oceania registered a 16.2% rise in EBITDA...
- May 20, 2022 03:08 PM NZST
RUA, CBD: 2 NZX cannabis stocks in focus after launch of Rua's first medicine
- April 19, 2022 02:54 PM NZST
Highlights NZ cannabis companies are focused on developing sophisticated medicinal cannabinoid therapeutics Rua launched its first medicine in NZ, achieving an important milestone for the industry This has been launched by overcoming all regul...Read More...
SUM, GXH, OCA- Focus on healthcare stocks as NZ moves to orange setting
- April 14, 2022 02:59 PM NZST
- Jasmine Anand
Highlights NZ moves to the orange traffic light setting, with all gathering restrictions being removed Summerset Group Holdings announces record 1Q22 metrics Oceania Healthcare will publish its FY22 performance next month New Zealand has ...Read More...
Fisher & Paykel (NZX:FPH): How will it fare in its upcoming FY22 results?
- April 12, 2022 02:38 PM NZST
Highlights FPH witnessed strong results in H1 FY22 and experienced elevated demand for its hospital products The Group is making continued progress in its product launches. FPH expects an operating revenue in the range of $1.675 billion-$1.7 b...Read More...
SUM, ARV: How have these retirement village stocks fared till date?
- April 11, 2022 06:18 PM NZST
Highlights The retirement village industry of NZ has fared remarkably well during a tough period of the COVID-19 pandemic. The aged care population is expected to grow to 833K by 2048, driving demand for retirement villages. Summerset Group re...Read More...
CBD, GFI: 2 NZX cannabis stocks on a 'high' this month
- April 10, 2022 12:00 AM NZST
- Jasmine Anand
Highlights NZ cannabis stocks are focused on developing sophisticated medicinal cannabinoid therapeutics of the highest quality Cannasouth begins the cultivation of the commercial crop in its state-of-the-art facility Greenfern Industries bags...Read More...
CBD, AFT & BLT: A glance at 3 attractive NZX pharma stocks
- April 06, 2022 02:59 PM NZST
Highlights New Zealand’s pharma industry is the best in Oceania. It is approximately a USD$1.2-billion industry. Cannabis for medicinal purposes is a very strong industry. The pharma industry in New Zealand is well developed and att...Read More...
FPH to RYM: 3 healthcare stocks in news as Govt scraps vaccine passes
- April 04, 2022 03:58 PM NZST
Highlights Vaccine passes will no longer be needed from Monday midnight. However, the mandate would stay for workers within the health and disability sector, prison staff, police and border workers. New Zealand is still not prepared to elimina...Read More...
MEE, CBD: What’s behind the rise of these 2 penny stocks?
- April 01, 2022 07:45 PM NZDT
Highlights Some penny stocks were major gainers on the NZX. MEE gained more than 5% on Friday. CBD gained 3% intraday. Penny are cheap stocks. They are the favourites of risk-taking investors. Investors must focus on the value and growth ...Read More...
FPH, SUM: 2 healthcare stocks in news as COVID-19 cases surge in Canterbury
- March 30, 2022 06:38 PM NZDT
- Jasmine Anand
Highlights Canterbury records the highest number of new cases after Auckland. Fisher & Paykel Healthcare Corporation shares its FY22 revenue guidance. Summerset Group Holdings to hold a virtual Annual Meeting in April. A total of 15,9...Read More...
Why are Promisia Healthcare’s (NZX:PHL) shares up by 100% today?
- March 30, 2022 04:20 PM NZDT
Highlights Promisia completed the much-awaited acquisition of Aldwins House today with shareholders’ nod. Earlier, Promisia had leased the Christchurch-based aged care facility PHL has been able to secure adequate finance for the acquisi...Read More...