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##Management Philosophy
stale
Added 3 years ago

 

Buy the business, Invest in the Founder- fantastic personal quotes in the article below. Examples of patience, timing and illustration of- inch wide & a mile deep knowledge of his chosen industry. A company to watch after an oversubscribed IPO providing excess capital to execute.

Business model provides warehousing, on-time distribution, contract manufacturing using its valuable IP in formulation for a highly regulated niche industry. (DGL website)

Source: NZ Stuff Business Sept 27 2017

Source: Simply Wall St- Simon Henry Ownership DGL 58%

'Henry is familiar with the business of chemicals logistics, having acquired companies involved in chemical storage, and water and waste treatment companies in New Zealand and Australia.

Born and bred in Rangiora, Canterbury, Henry made his early forays into the commercial property market after the 1987 share market crash which created opportunities for canny entrepreneurs.

It was arguably more significant for New Zealand than subsequent market melt downs including the 2008 global financial crash when most finance company investors were bailed out by a government guarantee.

Henry said Christchurch represents good value for money while the other markets are probably over-priced.

"It's a good place to do business and I know the market. In other markets, there's a lot of foreign money coming in and it can be a bit blind – it tends to be more about money looking for a home rather than money looking for a good investment.'