Latest news with #PrecinctProperties
Scoop
5 days ago
- Business
- Scoop
Wellington's Te Ngākau Civic Precinct
Wellington City Council's elected members have been briefed on the latest progress in Te Ngākau Civic Precinct. The precinct is now nine months away from reopening, with a city-wide celebration planned for March 2026 when Te Matapihi ki te Ao Nui – the Central Library - reopens its doors. The reopening event will reflect the City Council's partnership with mana whenua and the creative community, drawing Wellingtonians from all walks of life into the new building with music, art, performances and interactive experiences. Precinct Properties and the Council are negotiating a deal to activate the former CAB/MOB site while Precinct Properties completes all the necessary design and planning work for a new building. The activation space will be brought to life with art, retail, and hospitality offerings. The site will be activated for up to five years, while Precinct does its due diligence on the new building. City Council Chief Operating Officer James Roberts says it's essential to activate the area in a creative way until construction begins. "We'll use this opportunity during the planning phase to create a vibrant and exciting new space right in the heart of our city." He says the intent for the new development on the site remains the same – a five-star green building that includes retail, hospitality, co-working, and office space, alongside civic and cultural spaces. The agreement with Precinct Properties will be considered by the Council's Environment and Infrastructure Committee in August. Te Whare Whakarauika Town Hall continues to make good progress, with the refurbishment of the Town Hall itself, plus the construction of the new annex building, due to be completed by July 2026. The design of the annex has evolved following engagement with groups including NZSO, NZSM, WellingtonNZ, Heritage New Zealand Pouhere Taonga and Council regulatory teams. It will provide the main entrance to the Town Hall and feature front-of-house facilities including three bars, toilets, and offices. The Town Hall will re-open in early 2027. Other key parts of the precinct are also due to be completed in time for the March 2026 reopening of Te Matapihi ki te Ao Nui, including City Gallery maintenance and strengthening work, civic basement strengthening, and Te Ngākau Civic Square landscaping and redevelopment. The City Council head office move to 68 Jervois Quay will also be underway in early 2026, bringing the Council back to the Te Ngākau neighbourhood to play a key role in the area's revitalisation. The Te Ngākau Precinct Development Plan is currently being refined with input from the Wellington architecture community via a new urban design panel. The development plan will provide the blueprint for completing the precinct in future years, as the Council's funding and priorities permit. The plan is due to be finalised in July 2025.
Yahoo
30-03-2025
- Business
- Yahoo
Asian Undervalued Small Caps With Insider Buying To Watch
In recent weeks, Asian markets have been navigating a complex landscape marked by global trade tensions and inflationary pressures, which have contributed to fluctuating investor sentiment. Amid these challenges, small-cap stocks in Asia present intriguing opportunities for investors seeking growth potential at attractive valuations. Identifying promising small caps involves looking for companies with strong fundamentals and insider buying activity, which can signal confidence in the company's future prospects even amidst broader economic uncertainties. Name PE PS Discount to Fair Value Value Rating Security Bank 4.7x 1.1x 36.89% ★★★★★★ Atturra 27.5x 1.1x 39.97% ★★★★★☆ Dicker Data 19.3x 0.7x -41.10% ★★★★☆☆ Puregold Price Club 9.0x 0.4x 15.84% ★★★★☆☆ Hansen Technologies 285.2x 2.8x 27.68% ★★★★☆☆ Sing Investments & Finance 7.4x 3.8x 35.03% ★★★★☆☆ Viva Energy Group NA 0.1x 19.20% ★★★★☆☆ Fenix Resources 15.7x 0.8x 14.79% ★★★☆☆☆ Integral Diagnostics 151.6x 1.7x 41.91% ★★★☆☆☆ Manawa Energy NA 2.7x 36.49% ★★★☆☆☆ Click here to see the full list of 58 stocks from our Undervalued Asian Small Caps With Insider Buying screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★☆☆ Overview: Dicker Data is a wholesale distributor specializing in computer peripherals, with a market capitalization of A$1.94 billion. Operations: The company's revenue primarily stems from wholesale computer peripherals, with a gross profit margin reaching 14.55% as of March 2025. Cost of goods sold (COGS) significantly influences the financials, while operating expenses and non-operating expenses also play vital roles in determining net income. PE: 19.3x Dicker Data, a prominent player in the tech distribution sector, recently announced a strategic partnership with CrowdStrike to enhance its cybersecurity offerings across Australia and New Zealand. Despite high debt levels due to reliance on external borrowing, Dicker Data's earnings are projected to grow by 9.38% annually. Insider confidence is evident as they increased their stake between January and March 2025. With A$2.28 billion in revenue for 2024, the company continues to expand its market footprint amidst rising demand for advanced cybersecurity solutions. Dive into the specifics of Dicker Data here with our thorough valuation report. Assess Dicker Data's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Precinct Properties NZ & Precinct Properties Investments is a New Zealand-based real estate company focused on investment properties, flexible space, hotel and hospitality sectors, with a market capitalization of approximately NZ$1.56 billion. Operations: Precinct Properties generates its revenue primarily from Investment Properties, contributing NZ$215.60 million, followed by Flexible Space and Hotel and Hospitality segments. The company's gross profit margin has shown a decreasing trend over recent periods, dropping to 62.61% as of December 2024. Operating expenses have remained relatively stable in the range of NZ$20-22 million. PE: -63.0x Precinct Properties, a smaller player in the Asian market, recently reported half-year sales of NZ$134.4 million, up from NZ$121 million the previous year. However, net income dipped to NZ$9.2 million from NZ$15.3 million. Despite this decline, insider confidence is evident with recent share purchases by insiders indicating potential growth prospects. The company faces challenges with interest payments not fully covered by earnings and relies entirely on external borrowing for funding. Earnings are projected to grow significantly at 64.98% annually, suggesting future value potential amidst current undervaluation concerns. Click to explore a detailed breakdown of our findings in Precinct Properties NZ & Precinct Properties Investments' valuation report. Explore historical data to track Precinct Properties NZ & Precinct Properties Investments' performance over time in our Past section. Simply Wall St Value Rating: ★★★★☆☆ Overview: Shanghai Haohai Biological Technology is engaged in the production and sale of biologics, specifically focusing on medical hyaluronic acid, with a market capitalization of CN¥15.30 billion. Operations: The company's revenue primarily comes from the production and sale of biologics, particularly medical hyaluronic acid. Over time, the gross profit margin has shown a declining trend, reaching 69.10% by September 2024. Operating expenses have been substantial, with sales and marketing being a significant component. The net income margin was recorded at 15.66% in September 2024. PE: 14.1x Shanghai Haohai Biological Technology, a smaller company in the Asian market, shows potential for growth with earnings projected to increase by 12% annually. Despite relying on higher-risk external borrowing for funding, insider confidence is evident as CFO Minjie Tang purchased 10,000 shares recently. The company reported modest sales growth to CNY 2.7 billion and net income of CNY 420 million for 2024. Although dividends decreased to RMB 0.6 per share, the firm completed a buyback of nearly half a million shares valued at CNY 30.58 million last year. Unlock comprehensive insights into our analysis of Shanghai Haohai Biological Technology stock in this valuation report. Examine Shanghai Haohai Biological Technology's past performance report to understand how it has performed in the past. Get an in-depth perspective on all 58 Undervalued Asian Small Caps With Insider Buying by using our screener here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This 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. Companies discussed in this article include ASX:DDR NZSE:PCT and SEHK:6826. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
28-02-2025
- Business
- Yahoo
3 Undervalued Small Caps In Global With Recent Insider Buying
As global markets grapple with geopolitical tensions and consumer spending concerns, small-cap stocks have faced notable challenges, with the S&P MidCap 400 and Russell 2000 indices both experiencing declines. Amid this backdrop of cautious sentiment and economic uncertainty, identifying promising small-cap opportunities requires a keen focus on fundamentals such as financial health and growth potential. Name PE PS Discount to Fair Value Value Rating Bytes Technology Group 19.8x 5.0x 23.03% ★★★★★★ 4imprint Group 16.7x 1.4x 33.78% ★★★★★☆ Speedy Hire NA 0.2x 27.56% ★★★★★☆ Gamma Communications 22.7x 2.3x 34.98% ★★★★☆☆ ABG Sundal Collier Holding 12.0x 1.9x 21.36% ★★★★☆☆ Franchise Brands 39.1x 2.0x 25.14% ★★★★☆☆ Optima Health NA 1.5x 45.01% ★★★★☆☆ Calfrac Well Services 11.6x 0.2x -34.65% ★★★☆☆☆ CVS Group 38.4x 1.1x 38.64% ★★★☆☆☆ Logistri Fastighets 17.0x 8.1x 17.43% ★★★☆☆☆ Click here to see the full list of 112 stocks from our Undervalued Global Small Caps With Insider Buying screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Precinct Properties NZ & Precinct Properties Investments is a New Zealand-based real estate company specializing in flexible space, hotel and hospitality, investment management, and investment properties, with a market capitalization of approximately NZ$1.57 billion. Operations: Precinct Properties NZ generates revenue primarily from its investment properties, contributing NZ$215.60 million, with additional income streams from flexible space, hotel and hospitality, and investment management services. The company has experienced fluctuations in its net income margin over time, reaching as high as 2.02% before declining to negative figures in recent periods. Operating expenses have varied but remained a significant component of the cost structure alongside non-operating expenses that have impacted profitability. PE: -64.7x Precinct Properties, a smaller player in the market, recently reported half-year sales of NZ$134.4 million, up from NZ$121 million the previous year. However, net income fell to NZ$9.2 million from NZ$15.3 million. Despite this dip in earnings and reliance on external borrowing for funding, insider confidence is evident with recent share purchases in early 2025. Earnings are projected to grow nearly 65% annually, suggesting potential for future value appreciation amidst current financial challenges. Click here and access our complete valuation analysis report to understand the dynamics of Precinct Properties NZ & Precinct Properties Investments. Examine Precinct Properties NZ & Precinct Properties Investments' past performance report to understand how it has performed in the past. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Dream Unlimited is a Canadian real estate company involved in development and recurring income operations, with a market cap of approximately CA$1.54 billion. Operations: Dream Unlimited generates revenue primarily from its development and recurring income segments, with recent figures showing CA$403.27 million and CA$221.24 million, respectively. The company's gross profit margin has shown variability, reaching 32.29% in the latest period. PE: 4.8x Dream Unlimited, a company with a focus on Canadian multi-family properties, recently showcased insider confidence with share purchases in February 2025. Despite earnings forecasts predicting a decline over the next three years, Dream's strategic $2 billion joint venture aims to expand their rental property footprint across Canada. The firm reported significant financial recovery for 2024, turning CAD 187.86 million in net income from the previous year's loss. Additionally, they increased dividends and launched new institutional partnerships to bolster growth prospects. Get an in-depth perspective on Dream Unlimited's performance by reading our valuation report here. Assess Dream Unlimited's past performance with our detailed historical performance reports. Simply Wall St Value Rating: ★★★☆☆☆ Overview: H&R Real Estate Investment Trust operates a diversified portfolio with revenue segments in office, retail, industrial, and residential properties, and has a market capitalization of CA$3.74 billion. Operations: The primary revenue streams are derived from office, retail, industrial, and residential segments. Over recent periods, the gross profit margin has shown fluctuations with a notable high of 82.57% in early 2020 before stabilizing around the mid-60s percentage range later on. Operating expenses have been relatively consistent but non-operating expenses have significantly impacted net income margins in several periods. PE: -22.1x H&R Real Estate Investment Trust, a smaller player in the real estate sector, recently reported a turnaround with Q4 net income of C$130.88 million against a loss last year. Despite this positive shift, annual sales declined to C$816.99 million from C$847.15 million previously. Insiders have shown confidence through recent share purchases, suggesting belief in future growth prospects despite reliance on external borrowing for funding and interest payments not being well covered by earnings. Navigate through the intricacies of H&R Real Estate Investment Trust with our comprehensive valuation report here. Gain insights into H&R Real Estate Investment Trust's past trends and performance with our Past report. Dive into all 112 of the Undervalued Global Small Caps With Insider Buying we have identified here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This 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. Companies discussed in this article include NZSE:PCT TSX:DRM and TSX: Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
