Argosy Property
Argosy Property is a diversified real estate investment company with a portfolio of industrial, office and retail properties throughout New Zealand. The company’s investment portfolio of 59 buildings was valued at more than $1.8 billion in 2020.
Peter Mence has led Argosy as CEO since 2009 and the company has traded on the NZX as Argosy since 2010.
Company Details
Registered Office:
39 Market Place, Auckland Central, Auckland 1010
Postal Address:
PO Box 90214, Victoria Street West, Auckland 1142
Telephone:
+6493043400
Facsimile:
+6493571801
Website:
http://www.argosy.co.nz/
First Listed:
04/12/2002
Balance Date:
31 March
AGM:
20/06/2023
Directors and Executives
David Fraser
Chief Financial Officer
Christopher Gudgeon Independent Director
Stuart McLauchlan
Independent Director
Peter Mence
Chief Executive Officer
Jeff Morrison
Chairman
Mike Pohio
Independent Director
David Snelling
Company Secretary
Martin Stearne
Independent Director
Rachel Winder
Independent Director
Announcements
| Title | Date | Type |
|---|---|---|
| ARG announces third quarter dividend | Wed, Feb 26 2025 08:30 am | CORPACT |
| SPH Notice - Jarden Wealth Limited | Tue, Feb 25 2025 04:46 pm | SHINTR |
| Leasing and Development Update | Tue, Feb 11 2025 09:43 am | GENERAL |
| Ongoing Disclosure Notice | Fri, Dec 20 2024 10:14 am | SHINTR |
| Ongoing Disclosure Notice | Thu, Dec 19 2024 08:30 am | SHINTR |
| DRP allotment notice | Wed, Dec 18 2024 08:39 am | SECISSUE |
| Ongoing Disclosure Notice | Tue, Dec 17 2024 01:11 pm | SHINTR |
| Ongoing Disclosure Notice | Wed, Dec 11 2024 02:26 pm | SHINTR |
| ARG announces dividend reinvestment plan strike price | Tue, Dec 10 2024 09:22 am | GENERAL |
| Ongoing Disclosure Notice | Thu, Dec 05 2024 02:14 pm | SHINTR |
Major Holdings Announcements
| Date | Name | No. Held | % | Current |
|---|---|---|---|---|
| 25/01/24 | Jarden Securities Limited and Harbo | 59,611,814 | 5.02 | 7.04 |
| 30/10/23 | Accident Compensation Corporation | 78,916,213 | 8.32 | 9.32 |
| 02/03/23 | Salt Funds Management Limited | 44,429,493 | 4.95 | 5.25 |
| 27/02/23 | Harbour Asset Management Limited, J | 51,071,848 | - | 6.03 |
| 19/09/22 | BlackRock Inc. and related bodies c | 42,320,870 | 5.01 | 5.00 |
| 03/08/21 | The Vanguard Group, Inc. | 28,318,098 | 5.06 | 3.36 |
| 08/10/18 | Milford Asset Management Limited | 38,894,705 | 5.00 | 4.70 |
| 02/10/18 | ANZ New Zealand Investments Limited | 40,219,593 | 5.03 | 4.86 |
| 08/09/17 | Milford Funds Limited | 40,704,070 | 5.23 | 4.94 |
| 01/09/17 | Westpac Banking Corporation | 40,682,564 | 5.01 | 4.94 |
Director’s Interests Announcements
| Date | Name | No. Held | % | Details | Other |
|---|---|---|---|---|---|
| 19/12/23 | Martin William Stearne | 369,225 | - | - | - |
| 08/12/23 | Jeffrey Robert Morrison | 335,114 | - | - | - |
| 31/05/23 | David Lyle Fraser | 603,616 | - | - | - |
| 19/05/23 | Peter Donald Mence | 1,176,787 | - | - | - |
| 28/02/23 | Stuart James McLauchlan | 51,398 | - | - | - |
| 24/06/20 | Peter Clynton Brook | 197,756 | - | - | - |
| 28/02/20 | Michael Eric Pohio | 50,000 | - | - | - |
| 28/02/20 | Rachel Beulah Winder | 14,000 | - | - | - |
| 07/12/17 | Andrew Mark Cross | 50,000 | - | - | - |
| 30/06/17 | Andrew Hardwick Evans | 107,607 | - | - | - |
Analysts’ Forecasts
| profit2021 | profit2022 | eps2021 | dps2021 | sales2021 | ebit2021 | ebitda2021 | |
|---|---|---|---|---|---|---|---|
| mean | -42.0 | 6.8 | 6.7 | 119.5 | 108.4 | 108.4 | |
| high | -42.0 | 6.8 | 6.7 | 119.5 | 108.4 | 108.4 | |
| low | -42.0 | 6.8 | 6.7 | 119.5 | 108.4 | 108.4 | |
| sample | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
Disclaimer
Data on this page is from BusinessDesk and NZX Ltd for information purposes
only. Details are believed to be accurate but no warranty is given as to
accuracy, timeliness, reliability or completeness. No person should rely on
the contents of the report and all persons should obtain independent
professional advice before acting on any information connected with or
contained in this report.
Last
Updated: 20/12/2023
Markets News
Markets
Market Close
NZ sharemarket changes direction, up 1.1%
The S&P/NZX 50 Index closed at 12,452.46, up 145.19 points or 1.18%.
Retail
Michael Hill International CEO Daniel Bracken dies
Bracken had overseen the acquisition of the Bevilles brand.
Markets
NZME financial results: $54.2m in earnings
NZ Herald and BusinessDesk publisher NZME posted earnings of $54.2 million on Wednesday and a post-tax loss of $16m after a non-cash impairment of intangible assets – and says it is considering separating its property brand OneRoof into an entirely new business.The company also s...
Markets
Meridian records losses as it 'takes a hit for NZ'
Dramatic drops in profit and earnings due to energy crunch.
