About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Friday, April 17th, 3:52PM
rss
Investment News

The Hub business services

New Zealand's first comprehensive procurement provider to small and medium businesses, SMEs.

Tuesday, November 13th 2001, 12:45PM

Click here for an investment opportunity with real bite

Invest now for 13% projected net earnings in Year 2*

A new company offering corporate buying power to small businesses is providing an opportunity to invest in the Hub through a public offering of shares.

Two million shares are being offered at $1 each. Investors may apply for a minimum of 500 shares and thereafter in multiples of 100 shares. The offer closes on 7 December 2001.

Projected net earnings per share for the years ending 31 March 2003 and 2004 are 13.64% and 70.8% per share respectively*.

The Hub has completed fuel and tyre supply agreements with Caltex and Beaurepaires. The Hub supplies telecommunications services (network services provided by CLEAR Communications Limited), and has secured bulk electricity supply through broker, Group Energy Purchase Ltd. Other supply agreements cover stationery (Wickliffe), computer services (ComputerLand), travel (Atlantic and Pacific), vehicle rental (Budget Rent a Car). More are planned.

The agreements give Hub customers access to substantial savings and a single monthly invoice for all of the different products and services purchased through the Hub.

This is a rare chance to invest at ground level in a company that is giving New Zealand businesses more bite.

For a Prospectus and investment statement, freephone 0508 509 510 or visit www.hub.co.nz.

Applications to invest may only be made on the Application form contained in the Prospectus and investment statement.

Summarised Financial Projections
 

Projections

Year Ended

31.03.02

Projections

Year Ended

31.03.03

Projections

Year Ended

31.03.04

  $ $ $
       
Number of customers 485 6,001 10,501
Market share (% of total potential customers) 0.23% 2.86% 5%
       
Gross service supply revenue 640,096 22,889,572 67,814,155
Gross service supply revenue per customer 1,320 3,814 6,458
       
Gross margin 77,797 2,577,252 7,112,320
       
Expenses 1,237,765 2,069,235 3,308,830
Taxation - - 1,133,909
Net Surplus after tax (1,138,562) 524,976 2,725,762
Dividend - - 1,090,000
       
Earnings per share (cents per share)* (29.57) 13.64 70.80
       
Net assets 910,653 1,435,629 3,071,391
       
Net assets per share (cents per share)* 23.65 37.29 79.78

*Net earnings per share calculated as projected net profit after tax divided by 3,850,000 shares. Percentage net earnings per share calculated by reference to investors $1 per share invested. Net earnings per share is not a projected distribution to shareholders. Gross distributions to shareholders are projected to be zero for year ending 31 March 2003 and 41.5 cents per share for year ending 31 March 2004. Gross Distributions include cash and imputation credits. All projections are based on the assumptions contained in the Prospectus and Investment Statement for the offer dated 31 October 2001. Nothing contained in this advertisement constitutes a promise that the investment in the shares will be profitable.

A Big Deal for Small Business.
« Return to normal may take timeKing builds an empire »

Special Offers

Commenting is closed

 

print

Printable version  

print

Email to a friend

Good Returns Investment Centre is bought to you by:

Subscribe Now

Keep up to date with the latest investment news
Subscribe to our newsletter today

Edison Investment Research
  • Brunner Investment Trust
    27 March 2015
    43 years of consecutive annual dividend growth
    The Brunner Investment Trust (BUT) blends UK and international equities to provide what it describes as a ‘one stop’ investment solution for...
  • BlackRock Latin American IT
    26 March 2015
    Long-established, diversified regional specialist
    The BlackRock Latin American Investment Trust (BRLA) invests in Latin American equities, aiming to provide attractive total returns over time from a diversified...
  • Deutsche Beteiligungs
    25 March 2015
    Increased rate of new investment in FY15
    Deutsche Beteiligungs (DBAG) has made a positive start to FY15, reporting a 5.0% increase in NAV in the first quarter and committing a total of €55.9m...
  • Fidelity China Special Situations
    20 March 2015
    Accessing China’s long-term growth potential
    Fidelity China Special Situations (FCSS) is a specialist, actively managed closed-ended fund that invests in Chinese and other related equities to provide...
  • Strategic Equity Capital
    20 March 2015
    Selective investment in UK small-cap growth stocks
    Strategic Equity Capital (SEC) is an actively managed closed-ended fund investing in a concentrated portfolio of quoted UK small-cap companies using a...
  • BB Biotech AG
    11 March 2015
    Profit from clinical innovation
    BB Biotech AG (BION) is a Swiss specialist biotech investment company, with a bias towards mid-sized and larger companies generating revenues. The company...
© 2015 Edison Investment Research.

View more research papers »

Today's Best Bank Rates
RaboDirect 4.30  
Based on a $50,000 deposit
More Rates »
Cash PIE Rates

Cash Funds

Institution Rate 33% 39%
ANZ 2.60    2.67    2.79
ASB Bank 3.15    3.29    3.44
BNZ 3.15    3.44    3.60
Direct Broking Call Account 2.80    2.92    3.05
Heartland Bank 4.00    4.28    4.48
Kiwibank 2.40    2.50    2.61
Kiwibank 3.15    3.29    3.44
Nelson Building Society 3.75    3.90    4.08
RaboDirect 3.30    3.44    3.60
SBS Bank 3.25    3.11    3.28
TSB Bank 3.50    3.63    3.80
Westpac 3.15    3.24    3.39
Westpac 0.10    0.10    0.11
Westpac 4.00    4.18    4.37

Term Funds

Institution Rate 33% 39%
ANZ Term Fund - 90 days 3.00    3.08    3.22
ASB Bank Term Fund - 90 days 3.50    3.08    3.22
ASB Bank Term Fund - 6 months 4.10    3.85    4.02
ASB Bank Term Fund - 12 months 4.30    4.18    4.37
ASB Bank Term Fund - 18 months 4.40    4.28    4.48
ASB Bank Term Fund - 2 years 4.50    4.40    4.59
ASB Bank Term Fund - 5 years 4.75    5.25    5.49
ASB Bank Term Fund - 9 months 4.15    4.18    4.37
BNZ Term PIE - 120 days 3.65    3.58    3.75
BNZ Term PIE - 150 days 3.65    3.38    3.53
BNZ Term PIE - 5 years 4.75    5.58    5.83
BNZ Term PIE - 2 years 4.50    4.60    4.81
BNZ Term PIE - 18 months 4.40    4.40    4.59
BNZ Term PIE - 12 months 4.30    4.18    4.37
BNZ Term PIE - 9 months 4.20    3.97    4.14
BNZ Term PIE - 6 months 4.10    3.97    4.14
BNZ Term PIE - 90 days 3.50    3.08    3.22
Co-operative Bank PIE Term Fund - 6 months 4.00    4.11    4.30
Heartland Bank Term Deposit PIE - 12 months 4.60    4.54    4.74
Kiwibank Term Deposit Fund - 90 days 3.30    3.38    3.53
Kiwibank Term Deposit Fund - 6 months 3.75    3.85    4.02
Kiwibank Term Deposit Fund - 12 months 4.10    4.20    4.41
Kiwibank Term Deposit Fund - 150 days 3.60    3.70    3.86
Kiwibank Term Deposit Fund - 120 days 3.30    3.38    3.53
RaboDirect Term Advantage Fund - 12 months 4.35    4.47    4.67
RaboDirect Term Advantage Fund - 6 months 4.10    4.22    4.41
RaboDirect Term Advantage Fund - 90 days 3.55    3.65    3.81
Westpac Term PIE Fund - 150 days 3.50    3.34    3.49
Westpac Term PIE Fund - 120 days 3.50    3.34    3.49
Westpac Term PIE Fund - 18 months 4.50    4.32    4.51
Westpac Term PIE Fund - 12 months 4.20    3.96    4.14
Westpac Term PIE Fund - 6 months 3.75    3.86    4.03
Westpac Term PIE Fund - 9 months 3.80    3.90    4.08
Westpac Term PIE Fund - 90 days 3.00    3.09    3.22
Westpac Term PIE Fund - 2 years 4.75    4.52    4.72
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by PHP Developer and eyelovedesign.com