Punakaiki Fund December Offer – Now Open

Punakaiki Fund’s regulated offer to New Zealand investors for December 2017 is now open, and will close on Thursday 21st December. The next retail offer will not be until after 1 August 2018. Read the Product Disclosure Statement New investors are able to participate by filling out the application form at the back of the PDS, or, […]

Linewize Acquired by Family Zone (ASX:FZO)

Cross post from Punakaiki Fund We are delighted to announce the sale of Linewize to Family Zone Limited (FZO.AX). Family Zone have released a comprehensive announcement to the ASX. Why the combination works There was almost immediate agreement, at the start of negotiations, that the combination of Linewize and Family Zone was good for both […]

John – the real issue here is results, not dance partners

John Hart has written a series of tweets about why a Blue Green coalition wold not work. It's going to be a long two weeks on Twitter if we don't put this National-Green fantasy government idea to bed. So a short thread… 1/n — John Hart (@farmgeek) September 25, 2017 That saddens me. It’s the politics of […]

Could Auckland attract or retain the next Amazon?

I had idly thought that Amazon’s RFP for  a second headquarters  location could be answered by Auckland. Sadly, albeit unsurprisingly, the request is for a North American location. Perhaps we should still try –  after all the size of the prize is enormous: Amazon is careful to show that they will create value well beyond that […]

Punakaiki Fund 2017 Annual Report

We released the Punakaiki Fund 2017 Annual Report last week. The assets have grown from $1.5 million in April 2014 to $28.4 million at the end of March 2017, with the iNAV/Share rising from $10 to $20.10 in the same period. The iNAV is the “investor net asset value per share” and not a GAAP measure. […]

Punakaiki Fund Exceeds Expectations from 2015 Crowdfunding Offer and makes Three New Investments.

A press release from Punakaiki Fund. Punakaiki Fund Limited is raising capital through a Product Disclosure Statement (PDS). Investors may apply at Punakaikifund.co.nz/InvestNow or via Snowball Effect. PRESS RELEASE 19 December 2016 Punakaiki Fund Exceeds Expectations from 2015 Crowdfunding Offer and makes Three New Investments. Punakaiki Fund has exceeded its Key Performance Indicators (KPIs) set as part of the June 2015 […]

Punakaiki Fund Extending 2016 Offer

Punakaiki Fund Limited is raising capital through a Product Disclosure Statement (PDS). You can apply for shares Online with Punakaiki Fund, via Snowball Effect or by filling out and sending in the application form on the PDS.   We have kept relatively quiet at Punakaiki Fund while everyone has coped with the US election result and then the huge earthquake and aftershocks. It […]

Trump’s Plan and Potential Impacts on NZ

As this post mentions Punakaiki Fund Limited it could be construed as an advertisement for our public offer for New Zealand residents. So here is the link to the Product Disclosure Statement and you can invest online at Snowball Effect or directly with us.   The main reason for the post about Trump yesterday was to make the point that the US economy […]

What can we learn from Wynyard’s Voluntary Administration?

It is sad to see that the administrators called into Wynyard Group today. This should never happen, especially to what was a very well funded company. The cause is made pretty clear from the revenue and expense chart below: (Source – Wynyard annual and interim reports. Please don’t quote this – the 2016 half year numbers […]