THE PRESS N.Z. SHAREMARKET

Press, 18 June 1986, Page 40

THE PRESS N.Z. SHAREMARKET

Tuesday, June 17, 1986

Mean dividend yield 3.7 per cent. Mean earnings yield 8.5 per cent. Mean P/E ratio 10.4.

Median dividend yield 3.2 per cent. Median earnings yield 7.0 per cent. Median P/E ratio 7.6.

Table shows last sale price as advised by the stock exchange; quotations are from the ChristchurchInvercargill exchange. Dividends exclude bonuses not regularly paid. All figures fully diluted. 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 28%, 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.

198S High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 280 245 Abacus 50 270 — — — 21.0 3.8 6.7 .68 14.8 70 61 Aitkenhead 50 65 +2 60 — 8.0 6.1 12.7 .64 7.8 2.60 205 Ajax McPhersons 50. . . 250 — 250 —• 28.0 5.6 12.3 2.18 8.1 245 150 Alcan NZ 50 . 160 + 10 — 160 38.0 11.8 30.6 1.89 3.2 132 80 Allegra 50 155 +23 — 160 .2 — 16.1 1.29 6.1 290 200 Allflex Holds 50 ... . . 245 +5 — 250 30.0 6.1 21.3 1.45 4.6 155 102 Alliance 25 . 150 -1 150 — 34.0 5.6 12.0 .88 8.3 185 160 A M Blsley 50 . 180 — — — 26.0 7.2 8.8 2.53 11.3 62 35 Andas Group 50 ... . 44 — 40 — 10.0 11.3 — .36 — 60 42 Angora 40 60 +7 50 60 — — 4.5 .50 22.2 185 120 Angus 50 . 130 — 120 — 24.0 9.2 18.3 .81 5.4 415 138 Anzon 50 . 415 +45 — 415 — — — — —- 280 202 ANZ Bank NZ 50 . . . . 275 -5 — — 26.0 4.7 12.1 1.08 8.2 375 150 Apex 50 . 350 +5 345 350 14.0 2.0 — 1.93 — 180 135 Apparel 100 . 180 +5 175 — 10.0 5.5 7.7 1.53 12.9 70 55 Arahl Props 50 70 +5 65 — — — — — — 400 320 Arnold Wright 50 . 400 +20 — — 28.0 3.5 11.6 3.34 8.5 426 250 Arthur Barnett 50 ... . . 426 +17 — — 22.0 2.5 7.6 3.91 13.0 100 60 Arthur Ellis 100 ... . 65 +5 60 70 5.0 7.6 14.3 1.38 6.9 140 130 Ashby Bergh 25 . 130 — — 140 25.0 4.8 10.2 1.62 9.7 212 190 AB Cables 50 . 190 -5 — 200 29.0 7.6 15.6 1.26 6.3 260 220 Astec 100 . 232 -3 — 250 20.0 8.6 14.8 2.27 6.7 330 250 Auckland Gas 50 . 255 — — — 20.0 3.9 9.2 2.18 10.7 295 215 Aurora Group 25 . 295 +5 — — 12.0 1.0 2.2 1.84 45.3 48 28 Aust Breed 40 45 -3 43 — — — — — — 95 65 Autocrat Sanyo 100 . . . 90 +5 — — 12.0 13.3 — 2.35 — 150 145 Balllie Mtrs 50 145 — — 200 20.0 6.8 24.2 2.30 4.1 385 290 Baker Group 50 . 365 -145 — — 14.0 1.9 8.3 .60 12.0 310 171 BNZ Finance 25 . 300 — — 305 27.5 2.2 6.4 .57 15.6 280 200 Barclay NZ 20 . 275 +5 — — 50.0 3.6 6.6 .87 15.0 80 50 Batiey 100 75 +5 — 80 — — — — — 400 250 Betacorp 50 . 325 -15 — — 11.0 1.6 2.4 .62 41.1 355 330 Bendon Inds 25 . 355 +5 352 — 56.0 3.9 8.4 .88 11.8 70 52 Big Apple 50 52 -1 — 53 — — 4.6 .52 21.6 82 55 Blandford 50 70 +1 68 70 — — — — — 15 7 Bridgevale 25 8 — — 10 — — — .15 — 575 359 Brierley 50 . 540 +20 535 540 20.0 1.8 3.0 1.02 32.7 250 200 Brother 50 . 200 -30 — • — 20.0 5.0 15.4 1.83 6.4 405 285 CPD 100 . 390 +5 385 395 25.0 6.4 14.3 2.95 6.9 430 430 Canty Roll Flour 100 . . . 430 — 430 460 20.0 4.6 9.3 3.93 10.6 380 252 Cap Markets 25 . 350 +10 345 350 — — — — — 140 132 Cap Radio 25 . 140 — — — 20.0 3.5 12.1 .34 8.2 120 80 Carborundum 50 88 -12 — — 16.0 9.0 20.9 1.22 4.7 135 88 Cardrona 100 . 135 +12 125 140 — — — — — 392 295 Carter Holt 50 . 390 +12 390 — 24.0 3.0 8.8 2.86 11.3 100 55 Cashpac 50 . 100 + 10 80 100 — —- — — — 180 120 Cavalier Elco 50 . 136 — 134 137 20.0 7.3 17.0 1.17 5.8 615 490 Ceramco 100 . 605 +5 — — 25.0 4.1 9.9 3.54 10.0 180 135 Cerebos 50 . 180 +15 — — 16.5 4.5 11.7 1.24 8.5 88 56 Charter 50 85 +3 82 — 10.0 5.8 6.1 .57 16.3 1200 552 Chase 20 . 1100 +15 1095 — 35.0 .6 3.4 .73 28.8 275 215 Chch Press 50 . 275 — — 280 16.0 c 2.9 9.8 2.13 10.1 70 30 Clearwood 50 62 +7 50 60 — — — — — 64 35 Clypex 25 64 +8 63 — 5.0 1.9 2.8 .19 35.5 8 2 Coal Energy 25 4 +1 3 5 — — — .19 — 345 270 Cobex 100 . 285 -5 — — — — — — — 390 286 Colonial Motor 50 ... . . 390 +35 — — 22.0 2.8 7.6 2.56 13.0 280 200 Command Corp 50. . . . . 260 +10 — 265 34.0 6.5 14.6 1.39 6.8 129 63 Comm Securities 50 . . . . 125 +15 — — 2.5 1.0 9.8 .65 10.1 28 22 Commodore 25 25 +1 — 26 — — — — — 284 160 CCL 50 . 240 — — 25.0 5.2 7.9 1.09 12.5 200 135 Consol Metal 50 . 165 — — — 22.0 6.6 18.9 1.94 5.2 11 7 Con Enterprises 4 ... . 11 — 8 11 12.5 4.5 20.9 .06 4.7 85 40 Cooks Wine 50 . 85 +25 — — — — — .59 — 320 216 Corp Inv 50 . 315 + 10 — — 11.0 1.7 1.4 .53 68.4 280 215 Cory Wright 50 (a) . . . . 280 +10 260 — 19.0 3.3 7.9 .98 12.6 720 300 Cromwell 50 . 720 +45 670 — — — 2.1 .65 45.5 190 138 Crown 50 . 165 +2 160 165 24.0 7.2 16.8 2.11 5.9 17 7 Cue Energy 25 15 —2 15 16 — — — .19 — 490 300 Dominion Brew 50 . . . . 490 +55 — 440 30.0 3.0 4.7 2.85 21.1 195 145 Donaghys Ind 50 . 170 — 170 180 22.0 6.4 11.5 1.13 8.6 105 62 East Deer 50 75 — — — — — — — — 170 130 East Gas 50 . 150 — 148 155 10.0 3.3 7.3 .53 13.6 380 330 Ebos Dental 50 . 380 +15 360 390 ■ 22.5 2.9 9.6 2.13 10.3 562 315 Equiticorp 40 . 500 — — 505 7.5 .6 1.0 .86 92.5 450 420 Ernest Adams 100 ... . . 450 — — — 20.0 4.4 12.7 3.95 7.8 670 420 Euro-Nat 50 . 600 +30 560 — — — — — — 178 138 FTC 25 . 175 +3 170 178 24.0 3.4 8.9 1.06 11.2 342 270 Feltex NZ 50 . 320 — 320 330 25.0 3.9 10.3 3.01 9.6 222 142 Fernz Corp 100 . 165 +10 — — 18.0 10.9 16.9 2.79 5.9 230 210 Firestone NZ 100 . 230 — 230 — 17.0 7.3 31.9 3.36 3.1 125 110 First City 100 . 117 -3 — — 2.5 2.1 5.8 1.04 16.9 321 265 Fisher Paykel 50 . 321 +27 310 — 24.0 3.7 13.0 2.04 7.6 415 257 Fletcher Chai 50 . 415 +15 410 415 46.0 5.5 10.7 2.23 9.2 47 30 Fleur 50 47 +5 40 — 8.0 b 8.5 10.6 — 9.4 160 115 Fortuna 50 . 160 +15 — — 18.0 5.6 6.6 .96 15.0 65 55 Foveaux Radio 100 ... 65 — — — . — — — — —

, 1986 High Low Share, Par Last Sale Chang Week e Quotations Div. % Div. Yield Earn Yield Assel Bkg P/E Ratio Buy Sell 330 305 Fund NZ 100 . 310 -10 — — 16.0 5.1 — 170 125 Gen Props 50 . 165 +5 165 168 10.0 3.( 5.( 1.2! 19.8 75 48 Genestock 50 55 +2 — 58 — — — .41 — 50 43 Golden Bay 50 48 — 48 49 11.0 11+ 36.C 1.31 2.7 22 7 Goliath 25 16 — 15 16 — — — — 45 40 Greenhouse 25 45 — — — — — 11.7 .3( 8.4 77 58 Grocorp 50 62 +2 58 — — — — — — 315 225 Hallenstein Bros 50. . . . 280 +5 275 280 21.5 3.8 5.8 2.56 18.6 130 95 Hauraki Ent 25 . 130 +5 — — 20.0 3.8 3.6 .31 27.0 260 210 HB Trans Holds 100. . . . 210 — — — 20.0 9.5 18.£ 2.70 5.2 61 56 Helicopter 40 55 -4 58 60 — — — — — 241 220 Henry Berry 50 . 225 +2 — — 26.0 5.7 12.1 2.38 8.2 105 65 Hortic Inds 50 75 +3 — — 6.2 4.1 4.C 1.08 25.0 200 100 Hume Inds NZ 50 . . . . . 195 -5 195 18.0 4.6 10.5 1.37 9.4 290 180 Huttons NZ 100 . 230 +20 — — 15.0 6.5 16.4 .64 6.0 210 175 ICI NZ 50 . 195 — — — 32.0 8.2 18.6 2.72 5.3 120 110 Ind Broad 50 . 110 — — — 13.5 .78 7.3 500 360 Ind Newspapers 50 . . . . 495 +5 — — 24.0 2.4 5.6 1.51 17.6 160 95 Intertasman 50 . 125 — — — 20.0 8.0 18.6 .01 5.3 65 45 Invesco 50 58 -4 — — — — — — 150 100 Invest Fin 50 . 113 -6 112 — 15.0 6.6 10.5 .78 9.4 405 265 IWDow 50 . 270 — — — 41.0 7.5 30.7 3.54 3.2 525 220 James Smith 50 . 500 — — — 19.0 1.9 3.7 2.17 26.4 152 130 Jarden 1 . 142 -3 — — 17.0 .1 4.1 .21 24.0 90 45 Jedi Corp 10 . .62 — — 63 20.0 3.2 8.2 .28 12.1 97 45 John Burns 25 79 -18 — 80 15.0 4.7 8.8 .46 11.2 95 72 John Edmond 25 (a) . . . 76 -4 — — 22.0 7.2 13.0 .92 7.6 48 37 Kaurex 50 43 +1 40 — — — — 320 305 Kearns Oatina 100. . . . . 310 — — 315 15.0 4.8 5.9 1.76 16.7 63 58 Kidd Garrett 50 61 +1 — — 10.0 8.1 14.9 .55 6.7 95 55 Kingsgate 50 86 -9 — 85 4.0 2.3 3.6 .62 27.7 50 35 Kiwifruit 50 38 -7 — — — — — — 124 100 Kupe Inv 40 . 120 — — 116 — —. — — — 120 55 Lakeland 50 . 120 — 115 120 — — — — — 170 75 Landmark 25 . 137 -5 135 140 11.5 2.0 1.1 .41 85.6 105 95 LWR Inds 25 96 — 96 97 36.0 9.3 17.7 1.60 5.6 170 112 Lanes Inds 50 . 160 -5 — — — — 6.3 .78 15.8 165 130 Laurenson 50 . 150 -5 — — 20.0 6.6 7.8 1.13 12.8 460 255 L D Nathan 50 . 460 +30 430 — 22.0 2.3 6.6 2.15 15.0 168 135 Leisureland 50 . - 155 — — 155 11.0 b 3.5 — .31 — 47 34 Les Mills 20 . 38 -2 — — — 200 120 Leyland 50. . . 160 -5 — — 20.0 6.2 .9 .45 106.6 76 58 Leyland Cap 50. .... . 66 +1 — — — — —. — — 195 77 Leyland Growth 50 . . . . 190 +10 — 190 10.0 2.6 — — — 70 45 L M Min 50 60 +2 — — 6.0 5.0 10.5 .13 9.5 480 246 Lion Brew 50 . 480 +51 770 790 36.0 3.7 4.5 2.00 21.8 30 22 Luxoil 50 22 — — — — — — — — 190 140 Lusteroid 50 . 165 -15 130 170 22.0 6.6 15.9 1.46 6.2 850 310 Mace 50 . 850 +30 — 16.0 .9 3.7 — 26.5 90 62 Mainstay Props 50... . 70 — — 70 5.0 3.5 3.8 .57 25.9 282 204 Mair 50 . 275 +25 275 — 30.0 5.4 15.6 1.97 6.3 170 145 Manawatu Radio 100 . . . 150 +5 — — 17.5 11.6 15.8 .93 6.3 370 310 Manthel Holds 50 (a). . . 370 +10 — — 22.0 2.9 11.8 3.20 8.4 132 100 Masport 50 105 +5 95 115 14.0 6.6 14.2 1.35 7.0 100 80 McAlpine 50 92 -3 — 90 14.0 7.6 23.1 1.80 4.3 150 100 McConnell 50 . 150 +7 — — 20.0 6.6 12.6 .86 7.8 205 150 McKechnie Bros 50 . . . . 150 -10 — — 22.0 7.3 28.9 2.11 3.4 37 23 Min Resces 20 29 — — — — — — .25 190 135 Montana Wines 50... . . 175 -10 —* 175 22.0 6.2 18.1 2.87 5.5 360 325 Morrison PIM 50 . 335 -5 — 350 30.0 4.4 6.9 1.08 14.4 270 145 Motor Holds 50 . 235 -5 — 230 22.0 4.6 15.1 1.60 6.6 335 250 Mt Cook Group 100 .. . . 250 — 230 260 18.0 7.2 17.4 3.70 5.7 155 125 Moyes Groves 50 . 135 -5 — — 26.0 9.6 23.8 1.57 4.1 220 205 Nat Bloodstock 50. . . . . 215 +5 210 220 — — — 66 53 Nat Pacific 10 67 +3 67 70 22.0 3.2 5.9 .37 16.7 300 225 Newmans 50 . 255 +5 — 255 23.0 4.5 12.9 1.75 7.7 120 100 NZ Cement 100 . 115 +5 112 120 12.5 10.8 18.1 2.77 5.5 310 200 NZ Equities 25 250 -5 — — 10.0 1.0 6.2 .27 15.9 245 225 NZFP 50 233 +1 230 235 29.0 6.2 12.5 1.84 7.9 605 490 NZ Gold Fields 20. . . . 500 — — — — — — .19 195 150 NZI Corp 50 195 +10 192 200 17.0 4.3 8.5 1.05 11.6 270 250 NZI Gases 100 250 — — 260 20.0 8.0 5.8 1.51 17.0 78 48 NZ Leathers 50 70 -8 — — 10.0 7.1 13.4 1.02 7.4 260 128 NZ Marine Farms 100 . 205 -5 200 205 — — — .77 850 590 NZ News 100 850 +30 820 — 28.0 3.2 7.3 4.57 13.5 51 32 NZ Oil, Gas 50 30 -4 — 35 — — — .42 150 100 NZ Petroleum 25 100 — — — — — .20 — 200 112 NZ Prop Trust 100 ... 192 — — — 11.9 6.1 6.5 1.15 15.3 205 110 NZ Refining 100 130 + 10 — 130 16.0 12.3 38.9 3.90 2.5 630 305 NZ Salmon 25 520 +20 500 530 7.5 .3 — .31 — 100 45 NZ Steel 100 53 +4 50 — 18.0 33.9 102.2 2.60 .9 75 68 Northland FM 50 68 — — — — — 1.4 .42 68.0 77 70 Northrop 25 70 -5 65 — 16.0 5.7 10.7 .32 9.3 240 230 Nuhaka 100 240 — — — — — — 3.91 — 17 12 Oilfields ctb 25 12 -1 — 13 — — — .19 — 105 105 Opio Forestry 100 ... . 105 — — — — — 3.6 .98 27.6 215 108 Omnicorp 50 . 200 +8 — — 1.0 .2 4.0 1.07 25.0

1986 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 115 105 OHL Corp 25 . . 105 -10 20.0 4.7 11.3 .45 8.8 640 625 Otago PP 100 . . 634 — — — 20.0 3.1 10.1 2.61 9.8 227 200 Owens Group 10 ... . . . 212 +12 — 215 50.0 2.1 10.4 1.28 9.5 740 229 Pacerpac 50 . . 740 +40 700 — 6.0 .4 .9 .51 102.7 60 41 Pacvehture 50 . . 62 +14 60 — — ■— •— — —- 220 205 PDL Holds 25 (a) . . . . . 220 +5 — — 35.0 3.9 29.2 3.25 3.4 26 15 Petro Tar 30 18 +3 16 — — — — .12 — 58 30 Powercorp 25 38 —2 — — 10.0 6.5 11.8 .18 8.4 28 18 Premier 25 22 — — — — — — . — —■» 28 20 Prime West 1 26 +6 — — — — — .01 230 175 Prudential 100 . . 235 +5 225 — 20.0 8.5 9.7 1.90 10.2 382 315 Progressive 50 . . 382 +12 380 11.5 1.5 3.8 1.25 25.8 290 150 Qtron 50 . . 235 — — 22.0 4.6 . 5.8 1.97 17.0 118 60 Queenstown 40 . . 110 +10 — 115 — — 1.0 .48 100.0 225 165 Quill Humph 50 ... . . . 220 -5 220 235 21.0 477 12.6 1.98 7.8 90 75 Rada 50 81 -1 — 82 — —• ■ — — 140 105 Radio Avon 25 . . 110 — — — 30.0 6.8 12.8 .84 7.8 140 115 Radio Otago 25 . . 140 — — — 24.0 4.2 14.6 .50 6.8 340 200 Radio Pacific 50 . . . . . . 295 -5 — — 17.0 2.8 — — • • — 720 250 Rainbow 20 . . 640 -80 — — 10.0 .3 .8 .35 123.0 282 185 Ra Ora 50 . . 212 -28 — — 2.0 .4 — 1.28 .... - — 176 135 Reid Farmers 25. . . . . . 135 — — — 28.0 5.1 13.4 1.17 • 7.4 675 180 Renouf Corp 50 545 +15 540 550 12.0 1.1 .9 .63 100.9 321 129 Renouf Props 50 ... . . . 265 +5 265 — — — 4.4 .62 22.2 380 208 R W Hellaby 50 ... . . . 325 — — •330 — — — 1.42 300 155 Repco NZ 50 . . 250 — — — 17.0 3.4 11.4 1.51 8.7 209 170 Revertex 50 170 — 180 15.0 4.4 12.9 1.20 ' 7.7 485 240 R Jones 50 . . 422 +27 425 — 17.5 2.0 1.2 1.41 79.6 560 245 Rothmans 50 . . 540 — 545 550 26.0 2.4 7.8 2.41 12.7 285 240 R W Saunders 50 . . . . . 240 — — 250 20.0 4.1 10.1 2.49 9.8 420 240 Salmond Biolab 50 . . . . 255 +3 — — — — — — -. — 415 315 Sanford 50 . . 330 — — — ■ 20.0 3.0 15.3 1.26 6.5 392 288 Saudicorp 100 . . 337 -33 375 380 17.0 b 5.0 6.0 . — 16.5 210 95 Selby Shoes 50 . . . . . . 95 — — — 22.0 11.5 33.3 1.82 2.9 160 112 Skellerup 25 . . 126 -2 — 128 25.0 4.9 16.4 1.64 6.0 270 140 Smart Group 50 .... . . 270 +28 — — • —- — —■ .47 — 130 100 Smiths City Mkt 20 . . . 125 +7 123 — 18.0 2.8 11.2 .55 8.9 165 85 Southland Meat 50. . . 85 -5 — 85 17.5 10.2 — 1.80 — 20 9 Sthn Petroleum 35. . . 14 +1 14 — — . — — .08 — 53 28 Spectrum 25 . 33 +3 — — —- — 6.9 .27 14.3 190 145 Steel Tube 50 . . 188 +3 185 188 25.0 6.6 14.0 1.57 7.1 90 80 Stereo FM 100 85 — — — — — — .15 — 180 140 Stevens 100 . 165 -8 168 — 13.5 8.1 14.1 1.81 7.0 260 75 Tag 50 . 250 -10 — — 10.0 2.0 3.4 .51 28.7 65 40 Tag Proplink 40 ... . . 65 +5 60 — — — —- — . 550 375 Taylors Dry 100 ... . . 540 +40 — — 22.0 4.0 9.0 2.98 11.0 80 40 Technicgroup 25 ... . . 60 -10 58 — 8.0 b 3.3 16.1 — 6.1 100 52 Terrace 50 . 87 -1 — 90 — — — — 175 70 Thoroughbred 50. . . . . 160 -15 155 — — — — •. — 170 125 Trans Ashb 50 140 — — . — 16.0 5.7 10.2 .94 9.7 325 260 Transpac 100 . 320 +20 — — 17.0 5.3 1.1 2.91 86.4 175 135 UEB inds 50 . .153 +7 155 25.0 8.1 22.2 2.43 4.5 40 22 Utd Resources 50 . . . 28 +1 — — — — .84 ■ — 350 250 Unity 50 . 318 +3 — — 16.0 2.5 6.6 .87 15.0 70 43 Venturecorp 50 70 — 68 — — — — — 193 140 Viko Holdings 25. . . . 160 +5 —- — 40.0 6.2 15.8 1.26 6.2 52 35 Waikato Stud 25 ... . 42 +2 40 — — — 6.9 .57 14.4 190 132 Waitakl Int 50 . 136 +1 135 136 29.0 10.6 24.6 2.12 4.0 260 180 Waste Mngt 50 . 255 +5 — 270 16.0 3.1 8.6 1.41 11.5 375 315 Wattle Inds 50 . 365 +20 345 — 30.0 4.1 10.9 2.52 9.1 630 615 Welgas 50 . 625 — — — 20.0 1.6 7.6 2.54 12.9 150 120 Wenrich 50 . 125 — — — 5.8 2.3 - — — 100 85 Westbridge 40 . 100 — — — 6.0 2.4 7.3 .1.42 13.6 550 250 Wilkins Davies 50 . . . . 550 +125 — — 23.0 2.0 7.0 1.76 14.2 220 165 W Jeffery 100 . 200 — — — 17.0 8.5 16.5 2.53 6.0 250 113 Wills Props 50 . 180 +10 — 200 10.0 2.7 8.8 2.01 11.2 700 423 Wilson Horton 100. . . . 630 +10 — — 9.0 b 1.4 5.1 1.99 19.3 630 250 Wilson Neill 50 . 650 +50 — — 21.0 1.6 3.6 1.12 27.5 168 140 Winstone 50. . 150 +7 150 152 16.0 5.3 12.6 1.63 7.9 190 160 Wormaid NZ 50 . 180 +5 — — 15.0 4.1 20.5 3.23 4.8 180 130 Yates Corp 50 . 165 -5 — 175 22.5 6.8 9.1 1.88 10.9