Poplar Road Farm 

  Dairy  

 PRD Investments 

  MyFarm Limited  

Overview

PRD Investments Limited (PRDI) is the largest shareholder (21.58%) in Poplar Road LP (Poplar), a 180ha dairy farm at 1074 Poplar Road, Hinds, mid-Canterbury (the Farm) established in August 2013. This farm was converted to dairying in 2009 and is fully developed.It is fully irrigated and has good water rights and a 7 ha storage lake.
Important please note this Issue is subject to the Overseas Investment Act 2005 which may limit the level of overseas or non-resident investors. This may mean that bids from Overseas and Non-Resident Investors are not able to be completed.
Any bids received on listings made by Overseas Investors on Issues that are subject to Foreign Ownership restrictions require Issuer approval to be compliant with New Zealand’s Overseas Investment Act 2005.  Any accepted bids or bids matching your set offer price that do not comply with the Foreign Ownership restrictions may have transfer approval withheld by the Issuer. As a result, the trade will be unable to be completed.  For further information please contact the Issuer.


Issuer:
MyFarm Limited
Issue Name:
PRD Investments
Market:
Agriculture
Market Type:
Dairy

isEOI: false

Financials

Investment Type:Retail (CIV)

Wholesale Investment Type:

Total Units/Shares:2050000

Min Investment Units/Shares:20000

Min Investment Value:NZD 20,000.00

Par Value:NZD 1.00


Establishment Date: 1 August 2013

Financial Year End: 31 May 2021

Market Snapshot

Last Traded Value:NZD 300,000.00

Last Traded Price:NZD 1.00

Last Traded Quantity:300000

Last Traded Date: 29 April 2019

Property Details


Property Name:
Poplar Road Farm
Location:
Mid Canterbury
Address:
1074 Poplar Road, Lowcliffe, Ashburton, New Zealand, 7773
Total Area (ha):
181
Infrastructure:
Infrastructure includes three dwellings, a 54 bale rotary cowshed with in-shed meal feeders, automatic cup removers, a Protrack automation system and miscellaneous farm buildings.

Contact

Website: www.myfarm.co.nz

Email: info@myfarm.co.nz

Phone:0800 693 276

Document Name Description Date Uploaded
PRD - Profile Update February 2020 PRD - Profile Update February 2020 22 May 2020 Preview/Download
PRD - Profile Update November 2019 PRD - Profile Update November 2019 26 February 2020 Preview/Download
PRD - Signed - Annual Accounts - 2019 PRD - Signed - Annual Accounts - 2019 16 December 2019 Preview/Download
PRD - Profile Update February 2019 PRD Investments Limited Quarter 3 Report FY 2019 6 June 2019 Preview/Download
PRD - Profile Update Q2 FY 2019 PRD - Profile Update November 2018 14 March 2019 Preview/Download
PRD Investments Limited - 2018 Financial Statements PRD Investments Limited - 2018 Financial Statements 31 May 2018 23 November 2018 Preview/Download
PRD Quarterly Report Q4 FY 2018 PRD Quarterly Report Q4 FY 2018 5 September 2018 Preview/Download
PRD Quarterly Report Q3 FY 2018 12 July 2018 Preview/Download
PRD Investments Limited - Finals (YE 31 May 2017) PRD Investments Limited - Finals (YE 31 May 2017) 21 December 2017 Preview/Download
2015 PRD Investments Limited - finals Y/E 31 May 2015 2015 PRD Investments Limited - finals Y/E 31 May 2015 18 April 2016 Preview/Download
PRD Investments Limited - Finals Y/E 31 May 2016 PRD Investments Limited - Finals Y/E 31 May 2016 14 December 2016 Preview/Download
PRDI EOY Financials 2014 Y/E 31 May 2014 PRDI EOY Financials 2014 Y/E 31 May 2014 18 April 2016 Preview/Download
PRDI Profile Update July 2017 PRD Profile Update July 2017 4 September 2017 Preview/Download
PRD Profile Update June 2016 A profile of PRD Investments as at June 2016. 11 July 2016 Preview/Download
PRDI Prospectus July 2013 Prospectus for PRD Investments 2013. 11 July 2016 Preview/Download
Zoom: 14

MyFarm Limited

 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value NTA Equity Asset Ratio ROE
PRD Investments 320,000.00 NZD 1,941,943.84 NZD 1,270,167.21 NZD 671,776.63 NZD 141,312.01 NZD 10,491,531.25 NZD 9,085,151.22 95.63% 21.37%
Aupōuri Avocados LP                  
Awakeri Orchard LP                  
Awatere Valley LP                  
Bay Kiwifruit Orchards LP 320,000.00 NZD 1,710,463.89 NZD 1,169,864.77 NZD 540,599.12 NZD 145,891.23 NZD 8,196,559.16 NZD 9,154,668.19 96.00% 0.19%
Central Cherry Orchard LP                  
Eastern Orchards LP                  
GCF Investments 255,706.00 NZD 1,628,393.90 NZD 878,477.10 NZD 749,916.80 NZD 144,375.97 NZD 7,090,739.88 NZD 6,858,774.22 69.96% 23.74%
HLP Investments LP 350,580.00 NZD 2,022,093.98 NZD 1,068,536.34 NZD 953,557.64 NZD 112,380.48 NZD 14,088,941.35 NZD 9,305,772.36 97.65% 21.73%
Karaka Orchard Class B Units Partly Paid                  
Karaka Orchards LP 270,600.00 NZD 11,068.00 NZD 12,177.00 NZD -1,109.00 NZD 12,251.00 NZD 9,986,046.83 NZD 4,981,444.00 98.00% 0.22%
KLP Investments LP 340,000.00 NZD 2,238,211.79 NZD 1,343,077.93 NZD 895,133.86 NZD 212,048.07 NZD 7,283,153.24 NZD 9,653,742.54 78.31% 23.18%
Korokipo Apple LP                  
LLP Investments LP 360,000.00 NZD 2,051,195.92 NZD 420,787.18 NZD 1,630,408.74 NZD 189,505.76 NZD 8,739,506.68 NZD 9,337,009.43 89.14% 21.97%
MyFarm Application Test                  
Quarry Kiwifruit LP                  
Riverview Kiwifruit LP                  
Rākete Orchards LP                  
Tapawera Hop Garden LP                  
TPLP Investments Limited 470,000.00 NZD 3,332,761.74 NZD 1,684,885.57 NZD 1,647,876.17 NZD 408,447.79 NZD 14,436,887.29 NZD 11,066,065.71 90.00% 30.00%
Waimarie Manuka LP                  
Wairua Hop Garden LP                  
Ᾱporo Iti Orchard LP                  
 
Issue Production Revenue Farm Working Expenses EBITDA Interest Enterprise Value
PRD Investments 1,758.24 NZD 10,670.02 NZD 6,978.94 NZD 3,691.08 NZD 776.44 NZD 57,645.78
Aupōuri Avocados LP            
Awakeri Orchard LP            
Awatere Valley LP            
Bay Kiwifruit Orchards LP 1,904.76 NZD 10,181.33 NZD 6,963.48 NZD 3,217.85 NZD 868.40 NZD 48,789.04
Central Cherry Orchard LP            
Eastern Orchards LP            
GCF Investments 1,121.52 NZD 7,142.08 NZD 3,852.97 NZD 3,289.11 NZD 633.23 NZD 31,099.74
HLP Investments LP 1,623.06 NZD 9,361.55 NZD 4,946.93 NZD 4,414.62 NZD 520.28 NZD 65,226.58
Karaka Orchard Class B Units Partly Paid            
Karaka Orchards LP 11,000.00 NZD 449.92 NZD 495.00 NZD -45.08 NZD 498.01 NZD 405,936.86
KLP Investments LP 1,129.57 NZD 7,435.92 NZD 4,462.05 NZD 2,973.87 NZD 704.48 NZD 24,196.52
Korokipo Apple LP            
LLP Investments LP 1,333.33 NZD 7,597.02 NZD 1,558.47 NZD 6,038.55 NZD 701.87 NZD 32,368.54
MyFarm Application Test            
Quarry Kiwifruit LP            
Riverview Kiwifruit LP            
Rākete Orchards LP            
Tapawera Hop Garden LP            
TPLP Investments Limited 1,435.42 NZD 10,178.55 NZD 5,145.79 NZD 5,032.76 NZD 1,247.44 NZD 44,091.52
Waimarie Manuka LP            
Wairua Hop Garden LP            
Ᾱporo Iti Orchard LP            
 
Issue Revenue Farm Working Expenses EBITDA Interest Enterprise Value
PRD Investments NZD 6.07 NZD 3.97 NZD 2.10 NZD 0.44 NZD 32.79
Aupōuri Avocados LP          
Awakeri Orchard LP          
Awatere Valley LP          
Bay Kiwifruit Orchards LP NZD 5.35 NZD 3.66 NZD 1.69 NZD 0.46 NZD 25.61
Central Cherry Orchard LP          
Eastern Orchards LP          
GCF Investments NZD 6.37 NZD 3.44 NZD 2.93 NZD 0.56 NZD 27.73
HLP Investments LP NZD 5.77 NZD 3.05 NZD 2.72 NZD 0.32 NZD 40.19
Karaka Orchard Class B Units Partly Paid          
Karaka Orchards LP NZD 0.04 NZD 0.05 NZD 0.00 NZD 0.05 NZD 36.90
KLP Investments LP NZD 6.58 NZD 3.95 NZD 2.63 NZD 0.62 NZD 21.42
Korokipo Apple LP          
LLP Investments LP NZD 5.70 NZD 1.17 NZD 4.53 NZD 0.53 NZD 24.28
MyFarm Application Test          
Quarry Kiwifruit LP          
Riverview Kiwifruit LP          
Rākete Orchards LP          
Tapawera Hop Garden LP          
TPLP Investments Limited NZD 7.09 NZD 3.58 NZD 3.51 NZD 0.87 NZD 30.72
Waimarie Manuka LP          
Wairua Hop Garden LP          
Ᾱporo Iti Orchard LP          
Traded Date Traded Quantity Traded Unit Price Traded Value Par Value Trade Event
29 May 2020 40,000  Units NZD 0.60 NZD 24,000 NZD 40,000 Awaiting Settlement*
15 February 2019 20,000  Units NZD 0.85 NZD 17,000 NZD 20,000 On Market Trade
4 March 2018 20,000  Units NZD 0.80 NZD 16,000 NZD 20,000 On Market Trade
19 October 2017 20,000  Units NZD 0.95 NZD 19,000 NZD 20,000 On Market Trade
14 June 2016 20,000  Units NZD 0.45 NZD 9,000 NZD 20,000 On Market Trade

Secondary Market - PRD Investments

Quantity on Offer Offer Price   Offer End Date Highest Bid Active Bidders Action
20,000 Units NZD 17,000.00 20/06/2020 NZD 12,000.00 1