Penny Stocks

Do 4 NZX penny stocks have potential to be multibaggers?

Penny stocks

Highlights Penny stocks are mostly illiquid and might hold the potential to be multibaggers, providing massive gains to investors in a short span. Bremworth would be holding its Annual Meeting virtually on 25 November. Recently, the Court of A...

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Why PaySauce Limited’s (NZX:PYS) shares are trading high on NZX?

Why PaySauce Limited’s (NZX:PYS) shares are trading high on NZX?

Summary On 25 January, PaySauce Limited shares were trading at NZ$0.3, up 3.45% on the previous close. The Group reported continued increase in revenue and customers in the third quarter oof 2021. The growth in Q3 of FY21 showed recovery of th...

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Auckland International Airport (NZX:AIA) total passenger volumes fall, while domestic numbers rise in December 2020

Auckland International Airport (NZX:AIA) total passenger volumes fall, while domestic numbers rise in December 2020

Summary Auckland International Airport stood at a robust spot before COVID-19 placed some unprecedented challenges for the business. Total passenger volumes fell by 69.7% in November 2020 and 70.3% in December 2020, respectively, compared to 20...

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NZX 50-listed Consumer Discretionary Stocks to keep an eye on in 2021 -- WHS, GSH, CMO, MCK

NZX 50-listed Consumer Discretionary Stocks to keep an eye on in 2021 -- WHS, GSH, CMO, MCK

Summary While consumer discretionary goods are currently selling well, there is some worry that a downturn in the economy is imminent. The Warehouse Group is expecting its ambitious eCommerce site to begin contributing positively to its books b...

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One Company From Real Estate Space With Decent Growth Prospects

One Company From Real Estate Space With Decent Growth Prospects

As the market players are aware, the outbreak of COVID-19 has impacted several industries and companies. The lockdowns which were imposed affected the operations of several companies. However, there are some companies which are expected to perform we...

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Why is SNC’s share price moving north?

Why is SNC’s share price moving north?

The stock of Southern Charter Financial Group Limited (NZX:SNC) closed the day’s trading up 100% at NZ$0.004 per share on January 22. Total shares traded in the market were 11.25k. SNC offers carrier billing, mobile application development, ma...

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COVID-19 proved a breath of fresh air for Fisher and Paykel, revenue soars

COVID-19 proved a breath of fresh air for Fisher and Paykel, revenue soars

Summary Fisher and Paykel has seen a surge in revenue by 73%. This was made possible due to increased COVID-19-led hospitalisations and need for acute respiratory products. Revises its November projections upwards for revenue and net profits. ...

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Coca Cola Amatil NZ to pay back wage subsidy to the Government on the back of robust results

Coca Cola Amatil NZ to pay back wage subsidy to the Government on the back of robust results

Summary Coca Cola Amatil NZ reveals it is going to pay back its $7.2 million wage subsidy received by the New Zealand Government, last year. New Zealand business continued 3Q20 impetus, bringing a solid volume growth in the fourth quarter 2020,...

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The New Zealand Refining (NZX:NZR) records lesser net debt than FY19

The New Zealand Refining (NZX:NZR) records lesser net debt than FY19

Summary In the most recent operational update, The New Zealand Refining Company revealed impeccable health and safety performance. The Company’s net debt position at the end of the year was recorded to be $231m, which was $10m lesser than...

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NZX50 listed Retirement Village stocks to be considered in 2021 - Arvida, Summerset, Radius

NZX50 listed Retirement Village stocks to be considered in 2021 - Arvida, Summerset, Radius

Summary Arvida is optimistic that it can deliver and sell more than 450 retirement units in the next two years. In order to kick off its expansion plans across the ditch, Summerset hopes to begin construction in Victoria, Australia, in late 202...

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Doug Bygrave replaces Bastion Von Streit as CFO of T&G Global

Doug Bygrave replaces Bastion Von Streit as CFO of T&G Global

Summary Doug Bygrave to be the new CFO of T&G Global Limited. Doug has been an old hand in the Company and replaces Bastion Von Streit. Doug is currently the Company Secretary, and Bastion leaves to join BayWa AG, the German partners of T&...

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