| |
 |
May 22, 2012
|
TradeMe has reached a stage of “mature” growth and
is likely to have the strongest cashflow margins of any NZX-listed
company, according to research specialist Woodward Research, which today issued a report that valued TradeMe at $2.54 a share with a 12-month target price of $2.80 per share. Senior analyst and partner Nick Lewis said the TradeMe IPO, which closes on
December 6, was a “wonderful development” for New Zealand. “Trade Me coming to market … will
encourage the retail investor back into the stock market, a good thing
for investors and for companies seeking to raise capital, and ultimately
good for the country,” he said.
More …
Save for later with Instapaper
|
|
Hamilton company Print House has won the rights to
introduce technology into New Zealand that allows a video screen to be
placed within printed material. Developed by US company Americhip, the technology is known as
Video-in-Print (ViP™). While still a relatively new concept, its use starting to boom overseas, with brands including
the Discovery Channel, Citroen, Renault, Nike and Versace making use of
the innovation. The
technology blurs the line between digital and print media by bringing
consumers paper-thin, full motion, high-definition video content within
the printed page.
More …
Save for later with Instapaper
|
|
|
The directors of Comvita, New Zealand’s number one
seller of manuka honey, are urging shareholders to reject a takeover
bid by Cerebos. Cerebos New Zealand has
offered $2.50 per share, which Comvita directors say is well below the range of
$3.40 to $4 a share valued by independent adviser Grant Samuel. They have sent a document to shareholders unanimously recommending
they reject the “unsolicited, unwelcome and opportunistic” offer.
More …
Save for later with Instapaper
|
|
National is promising to deliver ‘better’ outcomes
for tertiary students and the taxpayers who support them in one of its
latest policies – but it could have unforeseen consequences for distance
students, Massey University Extramural Students’ Society president
Ralph Springett warns. National is to link funding for tertiary
institutions to performance – at face value, an admirable notion – as
well as publish employment data for graduates of each qualification. It
will also simplify the number of qualifications on offer.
More …
Save for later with Instapaper
|
|
|
Just 50 years ago, New Zealand was outpacing
Scandinavian countries – but differing attitudes to innovation have seen
a sizeable gap open up, and not to our advantage, says Professor
Kenneth Husted. The
newly-appointed co-director of the University of Auckland’s Business School Centre for
Entrepreneurial Learning says innovation can transform the fortunes of any
enterprise – not just those in the high-tech sector.
More …
Save for later with Instapaper
|
|
One Taranaki law firm is branching out to launch what it believes is a first in the New Zealand legal services industry. Legal Beagle
offers services and advice on matters including setting up a company,
registering a trademark, buying or selling a house and setting up a
family trust, carried out by qualified lawyers and legal executives. Set
up by Dennis King Law, the site does away with hourly rates and office
visits in favour of flat upfront prices and virtual questionnaires with
access to online help.
More …
Save for later with Instapaper
|
|
Every year Otago Polytechnic Product Design School
and Port Chalmers
Design Store owners Becs Wilson and Sarah Wood join forces to create a
real-life, pressure-boiler situation for students, forcing them to
come up with a product idea, design, manufacture and brand it – all in
just 10 weeks. Oh, and the product has to be in store for under $80. This
year’s lot have weathered the pressure, though, and emerged at the end
of a bumper semester with nine new products that could easily be hot
sellers in stores
around the country, according to design lecturer and product creator
Machiko Niimi.
More …
Save for later with Instapaper
|
|
They say you shouldn’t air our your dirty laundry in public, but what about keeping it in the bedroom? Martinborough
design duo Mike and Lindie Sleyer (as previously featured in IdealGear)
have designed a range of pillowcase sets, Dirty Linen, inspired by
their love of words with a “big fat dose of naughtiness” – and they’ve kindly offered us a set to give away.
More …
Save for later with Instapaper
|
|
|
|
|