Recent Posts

Renaissance likely to miss $1 mln earn-out from sale of Yoobee School of Design

Renaissance Corp ,which has sold all of its operating assets as part of a plan to return capital to investors and close down, says it’s unlikely to get a $1 million earn-out from the Yoobee School of Design because earnings are tracking below target. The Auckland-based shell company, which sold its design school to Academic Colleges Group for a net …

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Moa drops to record low on cash flow woes

Shares in Moa Group, which raised $16 million when it went public in 2012, plunged to almost a third of its listing price after the boutique beer maker posted a wider full-year loss and said major shareholders Pioneer Capital and the Business Bakery have committed to providing enough financial support to allow the company to keep operating for at least the year …

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Trilogy shares jump 10% as annual profit soars

Shares in Trilogy International jumped 10 percent after the skincare and scented candle maker’s annual profit soared, having become profitable a year earlier, as revenue growth in its Ecoya candle brand offset declining sales of skincare products in Australia. Net profit climbed to $1.07 million, or 2 cents per share, in the 12 months ended March 31 from $34,000, or 0 cents, a year earlier, the …

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