THE PRESS N.Z. SHAREMARKET

Press, 6 July 1985, Page 25

THE PRESS N.Z. SHAREMARKET

Friday, July 5 1985

Table shows last sale price of biggest parcel on any exchange; quotations from the Christchurch-Invercargill exchange. Dividends exclude bonuses not regularly paid. High and low figures adjusted for bonus issues.

Abbreviations: a, shares split during year. c, dividend adjusted to annual basis. e, shares partly paid up. g, ex dividend, rights or bonus. k, dividend is 16%, but shares are only paid up to 25c.

b, dividend forecast. d, profit adjusted to annual basis. f, no allowance for exchange difference. h, capital reconstruction.

1985 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 185 130 Abacus 50 170 — — 180 18.0 5.2 9.1 .75 10.8 132 96 AIC Finance 50 104 +4 100 — 7.0 3.3 10.0 .57 10.0 235 190 Ajax McPhersons 50 . . . 180 — — 26.0 7.2 16.1 2.41 6.1 400 250 Alcan NZ 50 260 +5 — 270 24.0 4.6 12.8 2.28 7.8 367 278 Alex Harvey 50 ... . 340 +10 — — 22.0 3.2 9.7 1.85 10.2 97 75 Allegra 50 95 +6 — 96 — — — — — 395 318 Allflex Holds 50 340 +5 — — 28.0 4.1 18.0 1.48 5.5 183 140 Alliance 25 (a) . . 181 -f-J 170 — 33.0 4.5 14.0 1.06 7.0 235 190 A M Bisley 50 220 +12 200 — 26.0 5.9 4.3 2.53 22.9 216 160 Andas Group 50 162 -3 — — 20.0 6.1 11.6 1.17 8.6 220 160 Angus 50 215 -5 — — 19.0 4.4 4.0 1.40 25.0 348 273 ANZ Bank NZ 50 (a). . . 308 +23 305 308 20.0 3.2 14.5 1.45 6.8 282 150 Apex 50 . 255 +3 250 255 — — — — — 205 155 Apparel 50 175 -10 150 — 15.0 4.2 9.1 1.39 10.9 320 270 Arnold Wright 50 (a). . . 310 +10 300 — 22.0 3.5 8.1 2.72 12.3 310 260 Arthur Barnett 50 290 — — 290 22.0 3.7 11.2 3.91 8.8 145 80 Arthur Ellis 100 . 145 +15 140 — 6.0 4.1 6.4 1.38 15.5 545 535 Ashby Bergh 100 535 — — 545 25.0 4.6 4.9 6.67 20.2 285 250 AB Cables 50 240 — 240 — 25.0 5.2 12.2 1.36 8.1 360 202 Atlas Maj 50 . 360 +45 310 — 1.0 .1 4.8 .97 20.6 325 265 Auckland Gas 50 . 325 +7 — — 20.0 3.0 8.7 2.61 11.4 220 180 Aurora Group 25 205 — 195 212 15.0 1.8 18.9 1.84 5.2 275 200 Autocrat Sanyo 100.... 200 — — — 12.0 6.0 9.5 2.35 10.5 218 180 Baillie Mtrs 50. ..... . 215 — 150 — 18.0 4.1 7.9 1.87 12.6 319 203 Baker Group 50 . 260 -15 — — 10.0 1.9 8.0 .50 12.5 255 200 BNZ Finance 25 . 255 +23 — — 25.0 2.4 5.0 .53 19.9 315 260 Barclay NZ 20 270 +5 — — 50.0 3.7 6.7 .87 14.7 115 80 Batley 100 85 — 80 88 — — — — — 298 256 Bendon Inds 25 295 +2 — — 56.0 4.7 10.0 .86 10.0 50 40 Big Apple 50 48 -2 46 48 — — — — — 100 85 Blandford 50 91 -4 — 90 — — — — — 20 13 Bridgevale 25 18 +1 15 20 — — — .22 — 505 368 Brierley 50 502 +19 502 504 15.0 1.4 5.4 1.54 18.4 255 245 Brother 50 245 -10 — 245 20.0 4.0 12.1 1.92 8.2 370 282 CPD 100 352 -3 352 — 30.0 8.5 23.6 4.91 4.2 365 285 Canty Meat 100 335 — 330 340 21.0 6.2 26.9 8.93 3.7 430 430 Canty Roll Flour 100. . . 430 — 275 — 20.0 4.6 10.1 4.16 9.8 122 100 Cap Radio 25 115 — — — — — .4 .23 — 245 137 Carbonic Ice 50 205 +10 195 220 16.0 3.9 13.4 1.65 7.4 135 105 Carborundum 50 130 -5 125 135 •— — — — — 100 80 Cardrona 100 85 +3 80 85 — — — — — 345 260 Carter Holt 50 300 — 300 — 22.0 3.6 11.9 2.07 8.3 240 152 Cavalier Elco 50 213 -2 210 215 16.0 3.7 5.4 1.04 18.3' 365 280 Ceramco 100 . 365 +3 — 370 21.0 5.7 10.1 3.04 9.8 122 110 Cerebos 50 111 -1 — 115 — — — — — 142 100 Charter 50 . 128 -2 128 130 — — — — — 320 172 Chase 20 . 320 +24 — — 25.0 1.5 .8 .28 — 195 142 Chemby 50 180 +5 — — 17.0 4.7 5.2 1.24 19.1 316 250 Chch Press 50 250 -15 245 250 16.0 c 3.2 7.5 1.37 13.2 80 66 City Realties 10 72 — 71 72 28.0 3.8 4.5 .27 21.8 52 47 Clearwood 50 47 -1 — — — — — — — 46 27 Clypex 25 36 -2 — — — — — .26 — 18 10 Coal Energy 25 12 -2 11 14 — — — .19 — 345 300 Colonial Motor 50 (a). . . . 345 — — — 19.0 2.7 10.4 3.07 9.5 335 230 Colyer Watson 100 ... . . 330 — — — 5.0 1.5 7.2 2.05 13.8 305 260 Command Corp 50 ... . . 270 — 270 280 34.0 6.2 17.4 1.31 5.7 82 49 Comm Securities 50. . . . 75 — — 75 2.5 1.6 15.8 .66 6.3 55 40 Commodore 25 40 -1 40 — —, — — — — 210 150 CCL 50 210 +5 200 — 20.0 4.7 9.0 1.09 10.9 310 200 Consol Metal 50 . 285 — — — 23.0 4.0 9.8 2.55 10.1 28 16 Con Enterprises 4 17 +1 16 — — — —- — — 62 56 Cooks Wine 50 57 +1 56 — — — — .64 — 280 148 Corp Inv 50 250 +2 — 270 12.0 2.4 4.7 .84 21.0 350 220 Cory Wright 100 350 — 300 . — 17.0 4.8 15.1 3.01 6.6 460 400 Cromwell 460 450 — — — — — — — — 174 125 Crown 50 . 165 — 167 — 20.0 6.0 10.9 1.69 9.1 25 8 Cue Energy 25 12 +1 12 — — — — .24 — 150 120 DIC 100 . 140 +5 — 142 10.0 7.1 9.9 1.53 10.0 320 287 Dingwall Paulger 100. . . . 290 — 290 300 20.0 6.8 19.3 4.07 5.1 272 163 Dominion Brew 50 ... . . 272 +40 272 — 22.5 4.1 7.1 2.59 14.0 260 207 Donaghys Ind 50 260 +10 — 255 22.0 4.2 12.5 2.22 8.0 135 115 DRG NZ 50 . • 122 -3 — — 19.0 7.7 16.3 1.95 6.1 115 91 East Deer 50 . 115 +5 100 118 — — — — — 195 163 East Gas 50 . 200 +5 — 205 — — — — — 305 230 Ebos Dental 50 . 300 300 305 22.5 3.7 11.7 2.11 8.5 291 196 EMCO Group 100 . 270 -2 — — 17.0 6.2 13.2 2.64 7.5 205 138 Endeavour 25 . 195 +20 —- 200 32.0 4.1 8.4 1.14 11.8 254 124 Equiticorp 40 254 +14 254 255 7.5 1.1 3.6 .61 27.3 545 500 Ernest Adams 100 . 520 +10 510 — 20.0 3.8 11.0 3.95 9.0 164 127 FTC 25 (a) . 142 +6 140 143 24.0 4.2 10.9 1.06 9.1 275 204 Feltex NZ 50 . 288 +15 288 — 25.0 4.3 11.4 3.17 8.7 262 223 Fernz Corp 100 . 260 +5 — — 18.0 6.9 8.1 2.98 12.2 240 190 Firestone NZ 100 195 +5 — 205 15.0 7.6 34.2 2.79 2.9 137 100 First City 100 117 +2 115 — 2.5 2.1 5.8 1.04 16.9 390 342 Fisher Pavkel 50 344 +1 340 — 24.0 3.4 12.2 2.04 8.1 333 225 Fletcher Chai 50 333 +11 334 335 40.0 6.0 21.3 3.38 4.6 65 49 Fleur 50 50. 54 — — 8.0 b 7.4 9.2 — 10.8

1985 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 190 165 Forest Inv 100 . . . 165 — 210 300 — — 2.7 1.65 36.6 130 95 Fortuna 50 . . . 125 — 115 130 14.0 b 5.6 3.2 .64 30.4 105 95 Foveaux Radio 100 . . . . . 100 -2 — 103 — — — — — 210 155 Fund NZ 100 . . . 210, +35 — — 6.0 2.8 — — — 125 85 Gen Props 50 . . . 120 — — — 10.0 4.1 3.3 .74 30.0 138 75 Genestock 50 87 +5 80 ■ 95 — — — — — 54 47 Golden Bay 50 54 +1 50 54 10.0 9.2 23.8 1.20 4.1 23 15 Goliath 25 15 -1 14 16 — — — — — 415 280 Goodman 50 ...... . . . 415 +25 410 — 24.0 2.8 7.5 2.05 13.1 51 40 Grocorp 50 47 -1 44 49 — — — — — 185 125 Grosvenor 25 . . . 175 -5 — 180 20.0 2.8 2.7 1.72 36.4 230 180 Hallenstein Bros 50. . . . . 195 — — 200 21.5 5.5 13.2 2.37 7.5 95 80 Hauraki Ent 25 ... . 90 . —2 — — 16.0 4.4 20.1 .33 4.9 225 165 HB Trans Holds 100 . . . . 220 +10 — — 17.0 7.7 18.0 2.70 5.5 222 155 Henry Berry 50 ... . . . . 222 +7 218 — 26.0 5.8 12 8 2.24 7.7 20 9 Horizon 25 13 +1 13 14 — — — — — 125 104 Hortic Inds 50 . . . no +3 105 no 12.5 b 5.6 6.1 1.04 16.1 135 110 Hume Inds NZ 50. . . ... 120 ’ — — — 20.0 8.3 15.3 1.65 6.5 312 250 Huttons NZ 100 .... ... 290 -10 • — — 14.0 4.8 13.0 .64 7.6 315 270 ICI NZ 50 (a) . . . 310 — — — 33.0 5.3 13.2 3.02 7.5 155 140 Ind Broad 50 . . . 120 — — — 16.0 6.6 12.4 .78 8.0 342 260 Ind Newspapers 50 . . . . . 342 +12 — — 19.0 2.7 9.2 1.88 10.8 185 145 Intertasman 50 . . . 180 — — 200 10.0 2.7 12.9 .01 275 182 Invest Fin 50 . . . 238 -2 — — 5.0 1.0 4.0 1.05 24.5 125 100 Irvin Stern 50 . . . 105 -5 105 no — — — — — 480 375 IWDow 50 . . . 420 -30 400 465 38.0 4.5 19.7 3.54 5.0 510 308 J Hardie Imp 50 (d) . . . . 390 . — — — 36.0 4.6 13.2 3.12 7.5 190 165 James Smith 50 ... . . . . 175 — — — 19.0 54 10.6 2.83 9.3 1420 660 Jarden 10 . . . 1420 — — — 70.0 .4 — .45 — 77 52 Jedi Corp 10 (a)... . 70 +4 69 — 18.0 2.5 3.4 .36 29.1 105 80 John Burns 25 (a). . . 93 +3 85 — 15.0 4.0 17.3 .91 5.7 315 295 John Edmond 100.. . . . . 315 +10 300 — 18.0 5.7 12.5 3.67 7.9 280 210 J Webster 50 . . . 265 +23 — — 20.0 3.7 9.6 1.72 10.3 470 295 Kearns Oatina 100 . . . . . 470 +20 460 550 15.0 3.1 7.8 2 51 12.6 72 54 Kidd Garrett 50 ... . 62 — — 65 8.0 6.4 — .35 — 58 50 Kingsgate 50 55 — 50 56 -- .56 — 66 45 Kiwifruit 50 66 +9 — 70 - • — — -- 42 13 Kupe Oil 25 37 +2 36 — — — — 48 43 Lakeland 50 47 +2 48 49 — — — — — 50 41 Landmark 25 47 -3 47 50 i .’J 3. t 4.4 1.25 22.3 145 108 LWR Inds 25 . . . 125 +3 125 128 36.0 7.2 18.1 1.50 5.5 80 70 Lanes Inds 50 76 — — .74 — 152 136 Laurenson 50 . . . 152 +2 140 — — — — 412 326 L D Nathan 100... . . . . 385 -5 380 22.0 20.7 4.23 4.8 90 40 Leisureland 50 90 + 5 90 11.0 b 6.1 — — — 290 205 Leyland 50 . . . 235 — 24.0 5.1 10.4 2.94 9.5 145 80 Leyland Growth 50 . . . . . 110 -12 130 — • — — — 80 50 L M Min 50 72 + 2 79 77 — — 2.9 .09 34.2 372 218 Lion Brew 50 . . . 370 + 58 368 31.0 4.1 7.3 2.98 13.6 300 200 Lusteroid 50 . . . 300 20.0 3.3 7.5 1.81 13.3 64 45 Mainstay Props 50 . . 56 5.0 4.4 4.8 .57 20.7 385 238 Mair 50 . . . 380 380 30.0 17.7 3.13 5.6 165 128 Manawatu Radio 100. . . . 160 14.0 87 12.3 .79 8.1 700 390 Manthel Holds 100 . . . . . 700 - 10U 40.0 5 7 10.8 6.52 9.2 262 188 Marac Holds 50 ... . . . . 200 z'.’u 36 5 9.1 9.5 1.15 10.5 i 153 132 Masport 50 . . . . . 142 142 14.0 4.9 11.8 1.26 8.4 140 110 McAlpine 50 . . . 130 1 8.0 3.0 16 3 1.80 6.1 147 110 McConnell 50 . . . 144 20.0 u.9 26.3 1.58 0.: 225 205 McKechnie Bros 50 . . . . . 210 220 17.0 4.0 19.5 2 39 5.1 40 28 Min Resces 20 35 35 — — .25 70 63 M O’Brien 50 70 70 15.0 10.7 23.1 .88 4 3 | 218 165 Mogal 50 (a) . . . 165 1 i.,; 20 0 6.0 29.0 1.78 3.4 | 176 140 Montana Wines 50. . . . . . 165 165 70 0 6.0 19.2 2.87 410 360 Morrison PIM 50 . . . . . . 420 • : <1 400 425 28.0 3.3 7.8 1.92 12.7 | 200 135 Motor Holds 50 ... . . . . 170 L 150 22.0 6.4 10.8 1.83 9.2 555 400 Mt Cook Group 100. . . . . 405 t ’ u 410 18.0 4.4 14.1 3.43 7.0 175 140 Moyes Groves 50 . . . . . . 165 160 I / 9 19.0 5.7 7.3 1.38 13.5 98 70 Nat Bloodstock 50. . . yn — •- — — — I 460 360 Nat Insce 50 364 47.6 6.5 15.0 2.81 6.6 200 165 Neil Holds 50 . . . 1911 8.0 2.1 8.4 2.11 11.8 330 277 Newmans 50 • ' 1 320 23.0 3.5 11.7 1.72 8.5 145 135 NZ Cement 100 ... . . . . t 12.5 8.7 15.1 2.87 6.5 570 165 NZ Equities 25 (a) . . 4 1 {i 380 430 — —. 1.10 — 283 246 NZFP 50 (a) ’Ml 4-1«) 280 26.0 4.6 12.8 2.57 7.7 110 45 NZ Gold Fields 20 . . 1 (iS •r Zu ! ■ U — .09 191 155 NZI Corp 50 :' ,* 1 ■■ 9 192 194 17.0 4.4 10.9 1.23 9.0 360 280 NZI Gases 100 . . . ” ■ j- IQ 15.0 4.4 8.2 3.11 12.1 120 70 NZ Leathers 50 . . 9S 100 10.0 52 53.5 .96 1.8 150 98 NZ Marine Farms 100 ... 1 J ?. 120 125 — — — — 575 460 NZ News 100 .‘) 1 ’ < 565 575 22.0 3.8 11.5 4.22 8.6 52 35 NZ Oil, Gas 50. . . 38 — — 368 100 NZ Petroleum 25 (a) 360 360 — -- — .25 — 119 102 NZ Prop Trust 100 . . . 105 5 112 11.4 10.8 — — — E 240 195 NZ Refining 100. ’ 98 ■4- 3 — 14.0 7.0 25.5 3.90 3.9 400 275 NZ Salmon 50 .... . • ) - 5 .._ 330 — — — — 2 295 223 NZ Steel 100 . . Zo;> -15 280 290 18.0 6.3 15.9 2.96 6.2 76 58 NZ Venture 50. J - 68 .... —

1985 High Low Share, Par Last Sale Change Week Quotations Buy Sell Div. Div. Yield Earn. Yield Asset Bkg P/E Ratio 65 40 Northland FM 50 65 — 65 75 — — — — — 84 72 Northrop 25 78 +2 — 80 — — — — — 270 240 Nuhaka 100 . 250 + 10 — — — — 3.36 — 16 9 Oilfields ctb 25 12 — 12 — — — — — 185 180 Opio Forestry 100 . 185 — — 200 — — 2.0 .98 48.6 144 132 Omnicorp 50 133 —2 — 134 — — — 350 300 OHL Corp 50 330 — — — 20.0 3.0 10 5 1.26 9.5 600 483 Otago PP 100 600 — 580 — 20.0 3.3 10.6 2.61 9.3 355 120 Pacer Corp 50 330 -10 — — — — — — — 535 485 PDL Holds 50 525 +5 530 — 30.0 2.8 12.2 3.25 8.1 96 75 Perry Dines 25 75 -3 75 80 22.0 7.3 19.3 .73 5.1 15 4 Petro Tar 25 -- — 10 — — — — — 102 65 80 -*-5 — — — — — — 175 165 Prudential 100 175 + 5 165 175 20.0 11.41 13.1 1.86 7.6 350 288 Progressive 50 333 + 23 325 — 11.5 1.7 4.5 1.50 21.9 700 280 Qtron 50 700 +40 640 — 22.0 1.5 3.0 3.07 32.7 75 58 Queenstown 40 73 + 4 — 74 — — — — — 150 135 Quill Humph 50 150 — 150 200 20.0 6.6 12.0 1.46 8.2 155 120 Radio Avon 25 155 — — — 30.0 4.8 5.7 .73 17.4 130 110 Radio Otago 25 130 — — — 15.0 2.8 4.0 .32 25.0 210 155 Radio Pacific 50 . 210 + 10 170 — — — — — — 187 83 187 7 185 190 — 1.4 .23 69.2 345 275 Ra Ora 50 305 + 10 302 — 8.0 1.3 2.2 1.17 44 8 175 150 Reid Farmers 25 (a) . . . 165 — 165 — 25.0 3.7 8.9 1.04 11.2 155 90 Regina 20 90 -10 90 110 10.0 2 2 3.7 .71 26.4 150 108 Renouf Corp 50 150 + 5 148 — 12.0 4.0 3.6 .63 27.7 140 75 R W Hellabv 50 . 140 + 20 — 145 7.0 2.5 — 1.47 — 180 130 Repco NZ 50 172 +2 170 175 15.0 4.3 11.2 1.28 8.8 295 235 Revertex 50 . 245 + 10 230 — 15.0 3.0 9.8 1.32 10.1 118 100 R Jones 50 108 — 108 no 7.5 3.4 14.6 .81 6.8 235 190 Rothmans 50 . 235 + 12 235 — 23.5 5.0 17.1 2.08 5.8 345 295 R W Saunders 50 300 300 — 20.0 3.3 8.1 2.70 12.3 337 300 Salmond Inds 100 315 +5 300 — 17.0 5.3 19.4 3.42 5.1 280 160 Sanford 50 280 4-2 — — 21.5 3.8 18.7 1.38 5.3 250 220 Sclbv Shoes 50 240 — — — 20.0 4.1 10.2 1.53 9.7 175 140 Skelierup 25 (a) 173 — 168 172 25.0 3.6 11.5 3.17 8.6 195 100 Smart Group 50 102 4* 2 — 110 — — — .43 — 250 160 Smith-Biolab 50 250 +30 — 300 19 0 3.8 10.6 1.90 9.3 450 365 Smiths Citv Mkt 100 . . . 440 +5 435 440 15.0 3.4 15.0 2.39 6.6 170 130 Southland Meat 50 ... . 140 — — 140 17.5 6.2 17.6 1.97 5.6 14 4 Sthn Petroleum 25 ... . 6 +1 5 6 — — — — — — Sovereign 25 6 — — — — — — — — 31 20 Spectrum 25 27 — — 28 — — — — 275 215 Steel Tube 50 . 210 -2 210 — 25.0 5.9 22.6 2.88 4.4 120 100 Stereo FM 100 105 + 5 — — — — — — 280 250 Stevens 100 260 — — — 11.5 4.4 9.0 1.81 11.1 102 70 Tag 50 82 -3 — 90 10.0 6.0 11.7 .94 8.5 60 54 Tag Froplink 40 54 — — — — — — — — 480 340 Taylors Dry 100 435 — — 450 17.0 3.9 9.0 2.38 11.0 310 270 Tolley Holds 100 270 -5 — 280 19.0 7.0 15.5 2.21 6.4 140 95 Trans Ashb 50 . 140 +40 102 — 16.0 5.7 10.2 .94 9.7 320 250 Trans Nth Cantv 100 . . . 320 + 20 290 310 17.0 5.3 100 4.98 10.0 197 151 UEB Inds 50 . 161 + 1 161 162 25.0 7.7 16.6 1.78 6.0 48 35 Utd Resources 50 45 — — — — — — — — 200 60 Utd Trt 50 200 + 25 — — 10.0 b 2.5 6.5 .74 15.3 348 218 Unity 50 320 + 10 — 320 12.5 1.9 3.1 1.19 31.6 200 168 Viko Holdings 25 184 +2 — 40.6 5.5 15.2 1.39 6.5 140 130 Visionhire 50 132 +2 130 135 18.0 6.8 9.7 — 10.2 70 53 Waikato Stud 25 65 -1 64 65 — — 4.4 .57 22.4 235 155 Waitaki NZR 50 (a). . . . . 235 + 15 230 — 24.0 5.1 13.4 1.94 / .4 412 330 Wattie Inds 50 412 +25 — 415 28.0 3.3 9.8 2.83 10.1 558 470 Welgas 50 . 568 +8 — — 20.0 1.7 5.8 2.58 16.9 255 142 Wenrich 50 240 — — 250 — — — — — 125 115 Westbridge 50 115 — — 120 6.0 2.6 2.3 1.54 42.5 520 378 Westpac Merchant 50. . . 520 + 130 520 — 34.0 3.2 6.6 2.04 14.9 320 220 Wilkins Davies 50 . 265 — — — 20 0 3.7 14.0 2.03 7.1 245 215 W Jeffery 100 215 — 215 — 16.0 7.4 12.9 2.70 7.7 140 100 Wills Props 50 118 — 112 118 8.0 3.3 22.0 1.84 4.5 618 380 Wilson Horton 50 570 -45 — 565 200 1.7 12.8 3.52 7.8 220 135 Wilson Neill 59 . 220 +12 215 220 21.0 4.7 15.7 1.39 6.3 183 156 Winstone 50. . 170 +3 168 — 15.0 4.4 11.1 1.63 8.9 225 180 Wormaid NZ 50 (a). . . . 180 — 205 — 15.0 4.1 20.5 3.23 4.8 295 197 Yates Corp 50 . 215 +7 215 - 22.5 5.2 8.2 1.81 12.1 Mean dividend yield 3.3 per cent. Median dividend yield 3.7 per cent. Mean earning's yield 8.4 per cent. Median earnings yield 8.2 per 'ent. Mean P/E ratio 12.1. Median P/E ratio 9.1.