Category Archives: Investments

Clare Capital advises MetOcean on sale to MetService

November 15, 2013Investments, New Zealand, ValuationMark Clare Leave a comment

Clare Capital was the financial adviser to MetOcean on their partial sale to MetService.

MetService, the nation’s state-owned weather forecaster, paid $3 million for a 49 per cent stake in privately owned New Zealand oceanographic consultancy MetOcean Solutions, giving it a foothold in a market worth more than $10 million.

The purchase will allow Wellington-based MetService to expand its research capability and add customised oceanographic forecasting and consultancy expertise to its global offering. For MetOcean, the tie up enables it to expand internationally with an established partner.

What is a share price

November 7, 2013Asset Sales, Investment Banking, Investments, New Zealand, Valuationassets, banking, finance, investments, shares, valuationsRhys Whiting Leave a comment

If you ask the simple question of “what is a share price?” – many people struggle to answer. People will have an opinion on whether the share price of Telecom or Air NZ is too low or too high – but they can’t answer the simple question of “why?”. I usually get an answer about assets – but nothing very specific.

So how does (or should) an investment banker think about the value of a business?

I am going to use a minimum of jargon here – I promise. Please see the glossary page for some definitions of valuation terminology, why various terms are used and more information about the valuation methodology.