NZ stocks, page-16

DGL (chemical company) : recent NZ IPO.
Worth a look.

3 main businesses :
- manufacturing of specialised chemicals in Australia and NZ,
- logistics and storage of dangerous goods,
- hazardous waste management.

Still need to better understand the company, but looks interesting looking at growth, margin, free cash flow.
Valuation looks OK with EV/EBITDA of 9.6 (at 1.21 $).

What's surprising : Simon Henry, CEO (and founder) did not sell any share at IPO, escrowed his shares for 2 years and is now buying significant amount on the market (22 % above IPO price).