NZS 0.00% 0.2¢ new zealand coastal seafoods limited

Not sure if anyone has looked at this. Old news but some...

  1. 51 Posts.
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    Not sure if anyone has looked at this. Old news but some highlights can be seen from here:

    https://raisebook.com/deals/new-zealand-coastal-seafoods-limited/rto

    Extracted from the link:
    Track Record for Achieving growth in both revenue and EBITDA:
    Revenues of NZ$0.09 million, NZ$1.18 million, and NZ$1.81 million for, respectively, the financial years 2017, 2018 and 2019 (31 March FY end). The Company has been profitable in each year of its existence.

    Expanding Distribution Channels:
    With the funds raised, NZCS plans to enlarge its sales force and expand its distribution channels in existing markets, such as New Zealand, Australia and Hong Kong and entering or further penetrating as relevant markets such as China, Malaysia, Singapore, Indonesia and Vietnam.

    Looks way too cheap for me IMO. Share price fluctuates daily, anyone can see that but should keep heads up for the long term.

    Good luck too all.
 
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