Recent Posts

TPP: Facing up to the realities

By Brierley Penn When a panel of business leaders in the US-NZ trade relationship took the stage during the second day of the Pacific Partnership Forum, the key takeaway from their discussion was unquestionable. The TPP must be completed as soon as possible, lest we witness the painfully slow crawl to progress that marked the Doha Round of WTO discussions. …

Read More »

Tenon shares soar as mouldings maker flags return to profit

Tenon, the wood mouldings company, said it may return to profit this year as a pickup in the US housing market stokes demand for building products. The shares soared 16 percent. Operating profit before finance costs would be between zero and US$1 million in the year ending June 30, from a loss of US$8 million a year earlier, the company …

Read More »

Moa posts bigger EBITDA loss than forecast amid marketing spend-up

Moa Group, the boutique beer maker which raised $16 million in a float last year, reported a bigger loss on an earnings before interest, tax, depreciation and amortisation basis than was flagged in its prospectus as it spent more on marketing. Including the five months before Moa was listed, the Auckland-based company made an EBITDA loss of $3.61 million in …

Read More »