Added to YB: 2026-06-19
Pitch date: 2026-06-17
WCO.NZ [neutral]
WasteCo Group Limited
-25%
current return
Author Info
No bio for this author
Company Info
WasteCo Group Limited, together with its subsidiaries, provides waste solutions and industrial services in New Zealand.
Market Cap
NZD 9.9M
Pitch Price
NZD 0.01
Price Target
N/A
Dividend
N/A
EV/EBITDA
11.54
P/E
-0.80
EV/Sales
0.95
Sector
Commercial Services and Supplies
Category
N/A
WasteCo Dumpster Fire - WasteCo Group Limited
WCO.NZ (bearish): NZX reverse-listing disaster, shares 0.7c vs 8c IPO, ~$8m mkt cap. $70m rev, $12m loss; cash $1.2m, negative working capital $28.7m, $40.1m debt ($26.7m current). Breached Kiwibank covenants, got conditional waiver. Needs ~$104m rev (+48%) to break even. Boardroom feud (chair Gower vs co-founder Storm). Author views co as doomed.
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