SPECIAL NOTICE

We are working on upgrading our websites and despite our best endeavours have experienced census type calamities for almost a week now. Our apologies, we hope to have all problems resolved by Monday August 15th.

deListed New Zealand

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New Zealand delisted companies0-9A BC DE F GH IJ KL MN OP QR ST UV WX YZ
New Zealand archived managed funds0-9A BC DE FGH IJ KL MN OP QR ST UV WX YZ

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Find any Australian or New Zealand company or fund (dead or alive) by using SEARCH above or go directly to the site:


World Stock Markets

27 May 2017(20 minutes delay)



deListed and InvestoGain acknowledge the support of ASX and ASA:

 

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Early warnings of failure

 

In our experience there are often early indications that a listed company is about to fail. Here are some signs, there may well be others:

  Management and board strife which is often accompanied by resignations and departures.

  Lengthy "discussions" or "negotiations" with bankers or other financiers over the extension of credit facilities.

  Proposals to raise further capital, particularly in the context of ongoing losses or other significant impairments.

  A capital raising that is not underwritten, extensions to the closing dates for the acceptance of applications under a prospectus or significant shortfalls of shares not taken up.

  Share sales by members of the management team or board.

  Delays in filing financial statements, more so when there are indications that asset valuations are the cause.

  Auditors not signing the financial statements, delaying their sign-off or resigning.

  Failure to maintain the company’s website or shutting the site down.

  A proposed back door or reverse listing.

  Financial statements showing:

  Negative returns on equity.

  Negative cash flows at operating level.

  High gearing.

  Low or negative NTA (net tangible assets).

 

Eventually the truth about the failure of a company emerges. It is usually attributable to bad management, but management just as often point to other causes. Shareholders are left to read the fine print of reports by external administrators or the post mortems of financial journalists to get the good oil.

 

 

FURTHER READING

"Mega heads to NZX's back door" by Brian Gaynor, NZ Herald 29 March 2014 Click here .

 

 


HELP PLEASE

deListed and InvestoGain are largely the result of voluntary effort. We welcome input and updates from investors, company officers, insolvency practitioners, regulatory bodies, registries and others to admin@investogain.com.au.

Finance


Thank you for the wonderful service you provide through your website. I've had the pleasure of selling a parcel of shares: easy, efficient, and very cost-effective. And I especially like the super-easy way your site allows me to chase up companies' various name changes, and so remain up-to-date.
I Brandli, Coffs Harbour NSW


…out of all the exchanges that I do research for, your particular web site makes finding information so easy. I wish the rest of the world would follow your footsteps. Reuters


Thank you so much for assisting with this. I contacted the registry today and they did confirm there are …… shares [value: $42,000] in my sister’s name. I have put ......... in contact with them so she can update her address and will thereafter be able to claim the dividends [value: $3764] and sell her shares if she chooses. We really appreciate your help, this money will be of huge assistance to ..... What a fantastic service you provide.