Latest news with #FPH
NZ Herald
14-07-2025
- Business
- NZ Herald
IkeGPS continues run, up 8.6%; NZX 50 performance still bumpy
Kiwi Property Group led the way, rising 1.04% to $0.97, with Goodman Property not far behind, up 0.98% to $2.07. Singh also highlighted Briscoe Group, which gained 2.65% to $5.81. 'I think that's just a bit of volatility since it's been added into the NZX 50 recently,' Singh said. Gentrack was among the day's largest decliners, down 4.23% to $12 on volumes exceeding $1.7m in value traded. Ahead of close, Singh said there were 'two big trades that equate for about 95% of the volume'. Tech small caps IkeGPS Group shares lifted 8.6% to $1.01 after it announced it had successfully raised about A$18m (NZ$19.6m) through a fully underwritten share placement. The software company said its offer was strongly supported by existing investors and attracted several new long-term institutional investors from the ASX. The firm is trading at 52-week highs and is up above $1 for the first time since 2021. Black Pearl Group shares were up 7.08% to $1.21 after it said it had agreed to buy 100% of United States-based AI sales company B2B Rocket Inc. B2B Rocket uses AI agents to automate outbound sales for small and mid-sized businesses. It generates about US$2.1m (NZ$3.4m) in annual recurring revenue and is growing quickly in the US market. Chief executive Nick Lissette called the acquisition a 'classic 1 + 1 = 3″. In October last year, Black Pearl tapped investors for $10m to fund further expansion in the US. Like IkeGPS, the stock is up over 100% year on year. Elsewhere In a Forsyth Barr investor note, analysts Aaron Ibbotson and Benjamin Crozier raised their Ryman Healthcare target price by 20 cents to $2.85 because of earnings upgrades released late last week. Ibbotson and Crozier said forward-looking sales have improved to about 90% of their two-year average, up from 75% last quarter. 'One swallow does not make a summer, but we view this as an important step in de-risking the investment case.' The exchange's other two retirement operators, Summerset Group and Oceania Healthcare, were up 0.77% to $11.72 and down 1.32% to 75c, respectively. Singh said the industry would be watching the Real Estate Institute of NZ's (REINZ) data release on Tuesday, which would help the market see whether Ryman was a standout or part of a wider trend. He added that the index's largest constituent, Fisher & Paykel Healthcare, was yet to be visibly affected by US President Donald Trump's renewed tariffs on Mexico, where the firm manufactures many of its products. The stock lifted 0.79% to $35.90 on volumes worth nearly $6m. 'FPH did not move much today, despite that, because at the moment, the products that they ship out of Mexico are still exempt under a free-trade agreement,' he said. 'This kind of builds on that expectation that at some point there could be a hit in terms of the Mexican production that FPH has.'
National Business Review
31-05-2025
- Business
- National Business Review
Between the posts: How to set goals in business
Some world leaders and chief executives might envy US President Donald Trump's ability to sign dozens of executive orders without impunity. They are issued, and sometimes retracted, at a speed that wrongly suggests they are a form of chaos rather than a carefully executed plan. The Economist magazine forewarned its readers back in July 15, 2023, 'How MAGA Republicans plan to make Donald Trump's second term count' outlined what victory in 2024 would mean: '… a team of practised demolition experts would prime their explosive ideas. The deconstruction of the administrative state could begin. The vain and tyrannical whims of an emperor-president would emerge from the rubble.' The plan, as we now know, meant sacking 50,000 top civil servants and replacing them with America Firsters whose personal loyalty to Trump was beyond question. The aim, according to The Economist, was to prevent the 'unelected bureaucracy from stymying the programme of an elected president'. In the US, the public service has no protection from the checks and balances in the constitutional design of the three branches of government it enshrines. Trump and his acolytes had learned their lesson from his first term, which could be accurately described as chaotic in its inability to make appointments and prevent the many legal actions that followed his defeat in 2020. In its prescient article, The Economist correctly predicted that if the Republicans won both houses of Congress, 'nobody in the executive or the legislature will be in a position to stop Mr Trump'. It then warned: 'If these carefully laid plans were enacted, America would follow Hungary and Poland down the path of illiberal democracy.' One might hesitate to say it has reached that point, but it does reflect the theme of this week's column: goal-setting, courtesy of a new local self-improvement book for managers and executives. Deb Bailey in her 20s at World's View, Zimbabwe. Leadership coach Navigate Your Impact: How to achieve goals that really matter is the second book that has been self-published by Deb Bailey, a leadership coach. (Her first was Inside Out: Why leadership starts with you, which was a Covid-era response to leaders who felt lost amid the lockdowns.) Bailey had six years of OE in her 20s, qualifying in human resources management while working in London. On the trip home, she visited World's View on the Nyanga Downs plateau in Zimbabwe. It inspired her to spend 22 years at Fisher & Paykel Healthcare (FPH), New Zealand's most valuable company and one of the few of any scale based on technology. This week, it reported a record revenue of $20.2 billion for the year to March and a 43% increase in net profit to $377.2 million – by far the best performance of any New Zealand corporate. Bailey left FPH in 2016 and completed an MBA, 15 years after Fisher & Paykel Industries split into its appliance and healthcare operations. In 2010, the latter established a manufacturing base in Mexico that supplied about half of the humidifier and sleep apnea products it sold in the US. In her role, Bailey annually interviewed most of the country's top graduates in engineering, given the company's scale and recruitment demands. 'I always noticed a vast difference between those genuinely interested in an engineering career and those who weren't. Genuinely interested candidates were curious from the start. They were eager to engage with the products we showed them during the interview process.' Those who showed little interest often had parents who were engineers themselves, prompting Bailey to observe that these 'amazing young people [were] living someone else's version of their life'. This led to a more fundamental question: 'Who is this goal for?' Fisher & Paykel Healthcare's Mexico headquarters. Life stages The book lays out how this can be answered at various stages of one's life. In her words, '[This] will help you identify and plan your goals, diagnose where you are getting stuck and show you how to move forward for the greatest possibility of achievement and success.' Bailey says many of the principles she practices today were part of the leadership approach at FPH. 'They aligned well with the culture then – particularly a strong 'leaders as coaches' mindset. Clear expectations, timely feedback and genuine support weren't treated as separate events; they were part of everyday interactions.' That has since changed at both the company and in Bailey's own career. She completed an MBA and became immersed in the theoretical side of coaching, by writing or designing leadership programmes. She whittles down her core beliefs into two principles: leadership tools should be simple and feel natural, not forced; and the way forward begins with clarity about the problem to be solved. The book has three parts: the decision-making process, which involves planning and identifying; putting those decisions into action; and finally, the concepts of goal-setting, using neuroscience and research into psychology and personal development. Some of this is controversial, such as neuro-linguistic programming (NLP), which emerged in the 1980s as a 'new age' practice that has since fallen out of favour. The largely negative Wikipedia entry was last updated in 2015, and the most recent primary source is 2001. 'Three brains' NLP has been replaced by a new field of leadership development known as mBit (multiple brain integration techniques). In the words of its two leading proponents, Grant Soosalu and Marvin Oka, this 'provides leaders with practical methods for aligning and integrating their head, heart, and gut brains for increased levels of emergent wisdom in their decision-making, and for developing an expanded core identity as an authentic leader'. They claim recent neuroscientific findings have uncovered complex and functional neural networks that give scientific credence to the growing body of leadership literature showing how the world's best companies are guided by leaders who can tap into the intelligence of their head, heart, and guts. Deb Bailey Bailey distils this 'three brains' concept in chapters on logical thinking, emotional values, and gut instinct, along with more conventional ways people identify and set goals. She recalls how difficult it could be at FPH for leaders to have coaching conversations when a team member lacked clarity about their aspirations. 'In many cases, no-one had ever asked them what they wanted to do next, and leaders needed the tools to tackle those conversations. Without that clarity, talent development and succession planning could stall.' I am not qualified to judge the effectiveness of these techniques. But Bailey explains them with examples from her own experience, including such life-changing personal ones as balancing a family with a career, going through a divorce, and the launch of her own business. Out of curiosity, I asked about her experience with self-publishing, as that seems to be the only way New Zealand business authors can reach their reading public. (The last one I reviewed was former Z Energy boss Mike Bennetts' guide for Kiwi CEOs, Being Extraordinary, published in 2023.) Bailey said self-publishing was an 'enjoyable and eye-opening journey. When I wrote Inside Out, I had no idea what I was getting into.' But with the help of an editor, designer, typesetter, printer, distributor, and publicist, she achieved a goal many aspire to but, on the results so far, few achieve. Navigate Your Impact: How to achieve goals that really matter, by Deb Bailey. Available from June 9 from Nevil Gibson is a former editor at large for NBR. He has contributed film and book reviews to various publications. This is supplied content and not paid for by NBR.
Yahoo
18-05-2025
- Business
- Yahoo
Should You Be Adding Five Point Holdings (NYSE:FPH) To Your Watchlist Today?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. A loss-making company is yet to prove itself with profit, and eventually the inflow of external capital may dry up. If this kind of company isn't your style, you like companies that generate revenue, and even earn profits, then you may well be interested in Five Point Holdings (NYSE:FPH). While this doesn't necessarily speak to whether it's undervalued, the profitability of the business is enough to warrant some appreciation - especially if its growing. We check all companies for important risks. See what we found for Five Point Holdings in our free report. Over the last three years, Five Point Holdings has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. Thus, it makes sense to focus on more recent growth rates, instead. To the delight of shareholders, Five Point Holdings' EPS soared from US$0.90 to US$1.28, over the last year. That's a commendable gain of 42%. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. The good news is that Five Point Holdings is growing revenues, and EBIT margins improved by 14.9 percentage points to 29%, over the last year. Both of which are great metrics to check off for potential growth. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. View our latest analysis for Five Point Holdings While profitability drives the upside, prudent investors always check the balance sheet, too. It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of incentives between the people running the business, and its true owners. Shareholders will be pleased by the fact that insiders own Five Point Holdings shares worth a considerable sum. As a matter of fact, their holding is valued at US$21m. That shows significant buy-in, and may indicate conviction in the business strategy. While their ownership only accounts for 2.5%, this is still a considerable amount at stake to encourage the business to maintain a strategy that will deliver value to shareholders. For growth investors, Five Point Holdings' raw rate of earnings growth is a beacon in the night. This EPS growth rate is something the company should be proud of, and so it's no surprise that insiders are holding on to a considerable chunk of shares. Fast growth and confident insiders should be enough to warrant further research, so it would seem that it's a good stock to follow. One of Buffett's considerations when discussing businesses is if they are capital light or capital intensive. Generally, a company with a high return on equity is capital light, and can thus fund growth more easily. So you might want to check this graph comparing Five Point Holdings' ROE with industry peers (and the market at large). While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-05-2025
- Business
- Yahoo
Why Five Point Holdings LLC (FPH) Is Surging In 2025
We recently published a list of . In this article, we are going to take a look at where Five Point Holdings LLC (NYSE:FPH) stands against other real estate stocks that are surging in 2025. For years, real estate stocks have been a source of anxiety for investors due to the scars of the Great Recession. That crisis has led to lingering skepticism, and many see real estate as a no-go zone today due to GDP growth turning negative quarter-over-quarter and expectations of a recession. Investors fear that a recession could drag these stocks down once more. However, these companies have learned from the Great Recession, and some of them have delivered stellar gains so far. It is a good idea to keep an eye on the winners, as they could outperform during market downturns. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified in another article For this article, I screened the best-performing real estate stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A birdseye view of a vibrant neighborhood, showcasing the diversity of residents living in a mixed-use community. Number of Hedge Fund Holders In Q4 2024: 12 Five Point Holdings LLC (NYSE:FPH) develops and manages large-scale mixed-use communities in California, integrating residential, commercial, and public spaces. The stock's sharp rise in 2025 is primarily due to a series of strong earnings reports, robust land sales, and consistent execution on operating priorities. In January, Five Point reported record net income for both the fourth quarter and full year 2024, with $121 million and $177.6 million, respectively, and noted strong liquidity of $555.9 million. This performance was driven by multiple significant land sales at its Valencia and Great Park Neighborhoods communities, as well as the sale of its remaining interest in the Five Point Gateway Campus to City of Hope. In the first quarter of 2025, Five Point again exceeded expectations, posting $60.6 million in net income-$10 million above guidance-and maintaining a 75% gross margin on $278.9 million in land sales revenue. The company also received an S&P credit rating upgrade and extended its key management agreement for the Great Park Venture through 2026, increasing its annual base fee and securing future incentive compensation. FPH stock is up 40.74% year-to-date. Overall, FPH ranks 3rd on our list of real estate stocks that are surging in 2025. While we acknowledge the potential of FPH, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than FPH but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
San Francisco Chronicle
25-04-2025
- Business
- San Francisco Chronicle
Five Point: Q1 Earnings Snapshot
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Five Point Holdings LLC (FPH) on Thursday reported profit of $23.3 million in its first quarter. On a per-share basis, the Irvine, California-based company said it had net income of 32 cents. The real estate developer posted revenue of $13.2 million in the period. _____
