About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Thursday, August 25th, 12:11PM
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
  • VinaCapital Vietnam Opportunity Fund
    8 August 2016
    Broad exposure to interesting frontier market
    VinaCapital Vietnam Opportunity Fund (VOF), one of the larger and longer-established Vietnam-focused funds, provides exposure to the economy’s evolution...
  • Lazard World Trust Fund
    2 August 2016
    New initiatives to boost shareholder value
    Lazard World Trust Fund (WTR, formerly The World Trust Fund) seeks capital growth by investing globally in closed-end funds and holding companies that...
  • Templeton Emerging Markets Inv. Trust
    22 July 2016
    New lead manager broadens TEMIT’s portfolio
    Templeton Emerging Markets Investment Trust (TEMIT) invests in emerging market-listed equities or in companies listed elsewhere where the majority of their...
  • The Biotech Growth Trust
    20 July 2016
    Positive industry fundamentals
    The Biotech Growth Trust (BIOG) is a specialist investment trust that aims to generate capital growth from a portfolio of global biotech stocks. The fund...
  • Standard Life UK Smaller Companies
    14 July 2016
    Outperforming in a weak market
    Standard Life UK Smaller Companies (SLS) is an actively managed UK small- and mid-cap focused trust with a quality-biased portfolio. Manager Harry Nimmo...
  • The Merchants Trust
    7 July 2016
    High and growing income
    The Merchants Trust (MRCH) is a very well-established trust investing in UK equities, primarily in higher-yielding, large-cap companies, which aims to...
© 2016 Edison Investment Research.

View more research papers »

Today's Best Bank Rates
RaboDirect 3.25  
Based on a $50,000 deposit
More Rates »
Cash PIE Rates

Cash Funds

Institution Rate 33% 39%
ANZ 0.75    -    -
ASB Bank 0.90    -    -
ASB Bank 1.05    -    -
ASB Bank 1.10    -    -
ASB Bank 1.15    0.18    -
ASB Bank 1.20    -    -
Heartland Bank 2.60    3.22    3.37
Nelson Building Society -    -    -
RaboDirect 1.75    1.81    1.89
SBS Bank 1.80    2.59    2.70
Westpac 0.55    0.57    0.59
Westpac 0.05    0.10    0.11
Westpac 2.75    2.83    2.96

Term Funds

Institution Rate 33% 39%
ANZ Term Fund - 90 days 2.60    3.01    3.14
ANZ Term fund - 12 months 3.25    3.64    3.80
ANZ Term Fund - 120 days 3.00    3.29    3.45
ANZ Term fund - 6 months 3.15    3.48    3.64
ANZ Term Fund - 150 days 3.25    3.39    3.55
ANZ Term Fund - 9 months 3.50    3.53    3.69
ANZ Term Fund - 18 months 3.60    3.64    3.80
ANZ Term Fund - 2 years 3.35    3.69    3.85
ANZ Term Fund - 5 years 3.60    3.85    4.02
ASB Bank Term Fund - 90 days 2.60    2.97    3.10
ASB Bank Term Fund - 6 months 3.20    3.49    3.65
ASB Bank Term Fund - 12 months 3.20    3.70    3.86
ASB Bank Term Fund - 18 months 3.20    3.75    3.92
ASB Bank Term Fund - 2 years 3.25    3.81    3.98
ASB Bank Term Fund - 5 years 3.55    3.97    4.14
ASB Bank Term Fund - 9 months 3.10    3.54    3.70
BNZ Term PIE - 120 days 3.00    -    -
BNZ Term PIE - 150 days 3.00    -    -
BNZ Term PIE - 5 years 3.60    -    -
BNZ Term PIE - 2 years 3.35    -    -
BNZ Term PIE - 18 months 3.30    -    -
BNZ Term PIE - 12 months 3.25    -    -
BNZ Term PIE - 9 months 3.25    -    -
BNZ Term PIE - 6 months 3.15    -    -
BNZ Term PIE - 90 days 2.60    -    -
Co-operative Bank PIE Term Fund - 6 months 3.30    -    -
Heartland Bank Term Deposit PIE - 12 months 3.40    3.79    3.96
Kiwibank Term Deposit Fund - 150 days 3.00    3.09    3.22
RaboDirect Term Advantage Fund - 12 months 3.40    3.50    3.65
RaboDirect Term Advantage Fund - 6 months 3.30    3.39    3.55
RaboDirect Term Advantage Fund - 90 days 2.85    2.93    3.06
Westpac Term PIE Fund - 150 days 2.80    3.08    3.22
Westpac Term PIE Fund - 120 days 2.70    3.13    3.27
Westpac Term PIE Fund - 18 months 3.20    3.58    3.75
Westpac Term PIE Fund - 12 months 3.20    3.58    3.75
Westpac Term PIE Fund - 6 months 3.00    3.38    3.53
Westpac Term PIE Fund - 9 months 3.10    3.44    3.60
Westpac Term PIE Fund - 90 days 2.50    2.82    2.95
Westpac Term PIE Fund - 2 years 3.25    3.85    4.02
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com