About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds Other Sites:   depositrates.co.nz  |   landlords.co.nz
Last Article Uploaded: Friday, October 31st, 8:44AM
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
  • BB Biotech AG
    21 July 2014
    Double-digit returns with a double-digit discount
    BB Biotech AG (BION) is a Swiss-based investment company specialising in the biotechnology sector, with a focus on mid-sized and larger companies that...
  • Witan Pacific Investment Trust
    15 July 2014
    Pan-Asian multi-manager solution
    Witan Pacific Investment Trust (WPC) aims to achieve long-term capital and real dividend growth primarily through equity investments in the Asia-Pacific...
  • Schroder AsiaPacific Fund
    9 July 2014
    Finding value in the Asian growth story
    Schroder AsiaPacific Fund (SDP) aims to achieve long-term capital growth by investing in companies across Asia, excluding Japan. At the helm since launch...
  • Templeton Emerging Markets Inv. Trust
    7 July 2014
    Emerging markets picking up, but still offer value
    Templeton Emerging Markets Investment Trust (TEMIT) aims to achieve long-term capital gains through investing in companies operating in emerging markets....
  • Invesco Asia Trust
    26 June 2014
    Positive performance from ‘best ideas’ portfolio
    Invesco Asia Trust (IAT) aims to achieve long-term capital growth through investing in undervalued companies in the Asia-Pacific region, including Australia...
  • The Biotech Growth Trust
    25 June 2014
    Correction provides value opportunity
    The Biotech Growth Trust (BIOG) aims to achieve growth by investing in biotechnology companies around the world, though in practice it is heavily weighted...
© 2014 Edison Investment Research.

View more research papers »

Today's Best Bank Rates
RaboDirect 4.60  
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 3.70    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 3.00    3.08    3.22
ASB Bank Term Fund - 6 months 3.75    3.85    4.02
ASB Bank Term Fund - 12 months 4.00    4.18    4.37
ASB Bank Term Fund - 18 months 4.10    4.28    4.48
ASB Bank Term Fund - 2 years 4.20    4.40    4.59
ASB Bank Term Fund - 5 years 5.00    5.25    5.49
ASB Bank Term Fund - 9 months 4.00    4.18    4.37
BNZ Term PIE - 120 days 3.70    3.58    3.75
BNZ Term PIE - 150 days 3.70    3.38    3.53
BNZ Term PIE - 5 years 5.50    5.58    5.83
BNZ Term PIE - 2 years 4.80    4.60    4.81
BNZ Term PIE - 18 months 4.60    4.40    4.59
BNZ Term PIE - 12 months 4.50    4.18    4.37
BNZ Term PIE - 9 months 4.35    3.97    4.14
BNZ Term PIE - 6 months 4.30    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 4.00    4.11    4.30
RaboDirect Term Advantage Fund - 6 months 3.85    3.96    4.14
RaboDirect Term Advantage Fund - 90 days 3.25    3.34    3.49
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