THE PRESS N.Z. SHAREMARKET

Press, 2 July 1986, Page 38

THE PRESS N.Z. SHAREMARKET

Tuesday, July 1, 1986

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. b, dividend forecast c, dividend adjusted to annual basis. d, profit adjusted to annual basis. e, shares partly paid up. f, no allowance for exchange difference. g, ex dividend, rights or bonus. h, capital reconstruction. k, dividend is 28%, but shares are only paid up to 25c. ___

1984 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 85 61 Aitkenhead 50 72 -13 70 — 8.0 5.5 11.5 .64 8.6 260 205 Ajax McPhersons 50. . . . 250 — — — 28.0 5.6 12.3 2.18 8.1 245 150 Alcan NZ 50 . 165 +5 250 — 38.0 11.5 29.7 1.89 3.3 164 80 Allegra 50 . 164 +9 — 160 .2 — 15.3 1.29 6.5 290 200 Allflex Holds 50 . 250 — —- — 30.0 6.0 20.9 1.45 4.7 155 102 Alliance 25 142 -10 142 145 34.0 5.9 12.6 .88 7.8 185 160 A M Bisley 50 . 180 — —- — 26.0 7.2 8.8 2.53 11.3 62 35 Andas Group 50 45 -5 — — 10.0 11.1 — .36 — 70 42 Angora 40 70 +10 60 70 — — 3.8 .50 25.9 185 120 Angus 50 160 +20 110 — 24.0 7.5 14.8 .81 6.7 415 138 Anzon 50 400 — 400 — — — — — — 283 202 ANZ Bank NZ 50 .... . 283 +3 — 285 26.0 4.5 11.8 1.08 8.4 375 150 Apex 50 . 370 +10 — — 14.0 1.8 — 1.93 — 185 135 Apparel 100 . 185 — — — 10.0 5.4 7.5 1.53 13.3 135 55 Arahi Props 50 . 135 +45 130 — —• —■ — — — 480 320 Arnold Wright 50 . 480 +80 — — 28.0 2.9 9.7 3.34 10.2 426 250 Arthur Barnett 50 ... . . 426 — — — 22.0 2.5 7.6 3.91 13.0 100 60 Arthur Ellis 100 66 +6 60 — 5.0 7.5 14.0 1.38 7.0 140 130 Ashby Bergh 25 125 — — 140 25.0 5.0 10.6 1.62 9.3 212 190 AB Cables 50 . 195 + 10 — — 29.0 7.4 15.2 1.26 6.5 260 220 Astec 100 . 256 + 16 — — 20.0 7.8 13.4 2.27 7.4 330 250 Auckland Gas 50 . 255 +5 — 260 20.0 3.9 5.2 2.71 18.8 345 215 Aurora Group 25 345 +45 — — 12.0 .8 1.8 1.84 53.0 75 28 Aust Breed 40 75 +22 70 — — — — — — 105 65 Autocrat Sanyo 100 .. . . 105 + 15 — — 12.0 11.4 — 2.35 — 150 120 Baillie Mtrs 50 125 — — 200 20.0 8.0 28.0 2.30 3.5 385 290 Baker Group 50 . 360 +40 — — 14.0 1.9 8.4 .60 11.8 400 171 BNZ Finance 25 375 -25 — — 27.5 1.8 5.1 .57 19.5 290 200 Barclay NZ 20 . 260 -10 — — 50.0 3.8 7.0 .87 14.2 80 50 Batley 100 75 -5 70 — — — — — — 400 250 Betacorp 50 ....... . . 370 +20 — . — 11.0 1.4 2.1 .62 46.8 390 330 Bendon Inds 25 . 385 -5 — — 56.0 3.6 7.7 .88 12.8 70 52 Big Apple 50 55 +7 — 65 — — 4.3 .52 22.9 82 55 Blandford 50 69 +1 — 68 — — — — — 15 7 Bridgevale 25 7 + 1 7 — — — — .15 — 590 359 Brierley 50 . 584 -6 580 585 20.0 1.7 2.8 1.02 35.3 250 200 Brother 50 . 200 — — — 20.0 5.0 15.4 1.83 6.4 405 285 CPD 100 405 +15 400 — 25.0 6.1 13.8 2.95 7.2 430 430 Canty Roll Flour 100 . . . 430 — 430 460 20.0 4.6 9.3 3.93 10.6 425 252 Cap Markets 25 400 +25 380 400 — — — — — 150 132 Cap Radio 25 . 150 — — — 20.0 3.3 11.3 .34 8.8 75 66 Caprana 50 68 -7 — — — — — — — 120 80 Carborundum 50 90 -5 — — 16.0 8.8 20.4 1.22 4.8 135 88 Cardrona 100 120 -15 — 140 — — — — — 425 295 Carter Holt 50 . 425 +15 420 425 24.0 2.8 8.0 2.86 12.3 135 55 Cashpac 50 120 -15 — 130 — — — — — 180 120 Cavalier Elco 50 142 — 142 — 20.0 7.0 16.3 1.17 6.1 760 490 Ceramco 100 . 700 +35 — — 25.0 3.5 8.5 3.54 11.6 180 135 Cerebos 50 . 175 — — — 16.5 4.7 12.0 1.24 8.2 100 56 Charter 50 95 -5 — 93 10.0 5.2 5.4 .57 18.2 1175 552 Chase 20 . 578 -597 570 — 35.0 1.2 6.5 .73 15.1 300 215 Chch Press 50 . 300 +25 295 — 16.0 c 2.6 9.0 2.13 11.1 70 30 Clearwood 50 65 — 60 — — — — — — 90 35 Clypex 25 72 -18 70 80 5.0 1.7 2.5 .19 40.0 8 2 Coal Energy 25 8 +4 8 ■ — — — .19 — 345 270 Cobex 100 . 310 +15 •— —- — —- — — — 400 286 Colonial Motor 50 ... . . 355 -45 — —• 22.0 3.0 8.4 2.56 11.8 280 200 Command Corp 50. . . . 260 +7 250 — 34.0 6.5 14.6 1.39, 6.8 165 63 Comm Securities 50 . . . . 165 +25 — 165 3.0 .9 26.2 .85 3.8 30 22 Commodore 25 30 +4 — 30 — — — — — 284 160 CCL 50 . 248 +13 — — 25.0 5.0 7.7 1.09 12.9 200 135 Consol Metal 50 160 — — — 22.0 6.8 19.5 1.94 5.1 11 7 Con Enterprises 4 ... . 11 +1 10 11 12.5 4.5 20.9 .06 4.7 85 40 Cooks Wine 50 75 —2 —- 85 — — —- .59 — 350 216 Corp Inv 50 350 +15 — — 11.0 1.5 1.3 .53 76.0 .360 215 Cory Wright 50 (a) . . . . 360 +65 270 — 19.0 2.6 6.1 .98 16.2 900 300 Cromwell 50 . 900 + 180 — — 12.0 .6 9.3 2.46 10.7 190 138 Crown 50 . 178 +6 175 179 24.0 6.7 15.6 2.11 6.4 21 7 Cue Energy 25 22 +5 22 23 — — — .19 — 515 300 Dominion Brew 50 . . . . 575 +135 — — 30.0 2.6 4.0 2.85 24.7 195 145 Donaghys Ind 50 . 165 -10 165 175 22.0 . 6.6 11.9 1.13 8.3 105 62 East Deer 50 75 +5 — — — — — — — 170 130 East Gas 50 150 -5 — — 10.0 3.3 7.3 .53 13.6 380 330 Ebos Dental 50 . 375 -5 370 375 22.5 3.0 9.7 2.13 10.2 562 315 Equltlcorp 40 . 542 -13 — 545 20.0 1.4 6.7 .94 14.8 450 380 Ernest Adams 100 . . . . . 380 -70 480 — 20.0 5.2 15.0 3.95 6.6 670 420 Euro-Nat 50 645 +10 630 — 22.5 c 1.7 3.4 1.58 29.3 178 138 FTC 25 . 175 — — 175 24.0 3.4 8.9 1.06 11.2 350 270 Feltex NZ 50 . 338 -12 — — 25.0 3.6 9.8 3.01 10.1 222 142 Femz Corp 100 175 — — 18.0 10.2 15.9 2.79 6.2 230 210 Firestone NZ 100 . 230 — — 230 17.0 7.3 31.9 3.36 3.1 135 110 First City 100 . 135 +5 130 — 7.5 5.5 10.4 1.08 9.5 340 265 Fisher Paykel 50 . 340 +15 330 — 24.0 3.5 12.3 2.04 8.0 460 257 Fletcher Chai 50 . 400 -40 400 — 46.0 5.7 11.2 2.23 8.9 52 30 Fleur 50 50 +3 — 55 8.0 b 8.0 10.0 — 10.0 170 115 Fortuna 50 . . 170 +5 — — 18.0 5.2 6.2 .96 16.0

1986 High Low Share, Par Last Sale Chaagf Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 65 55 Foveaux Radio 100 . . . 65 — — — — — — — — 330 305 Fund NZ 100 . 320 +10 — — 16.0 5.0 — — — 205 125 Gen Props 50 . 200 +15 208 — 10.0 2.5 4.1 1.29 24.0 75 48 Genestock 50 75 +15 60 — — — — .41 ■ — 50 43 Golden Bay 50 48 -1 —- 50 11.0 11.4 36.0 1.31 2.7 31 7 Goliath 25 22 +2 — — — — — — — 470 470 Goodman 50 . 470 — — — — — — — — 50 40 Greenhouse 25 50 +2 — — — — 10.6 .30 9.4 77 58 Grocorp 50 70 +7 60 — — — — — — 315 225 Hallenstein Bros 50. . . . 265 -15 280 300 21.5 4.0 5.6 2.56 17.6 145 95 Hauraki Ent 25 . 145 +10 — — 20.0 3.4 3.3 .31 30.2 260 180 HB Trans Holds 100. . . . 180 -30 — — 20.0 11.1 22.0 2.70 4.5 61 56 Helicopter 40 57 +1 57 65 — — — —- — 260 220 Henry Berry 50 . 260 +30 — — 26.0 5.0 10.5 2.38 9.4 105 65 Hortlc Inds 50 75 — — — 6.2 4.1 4.0 1.03 25.0 200 100 Hume Inds NZ 50 . . . . . 190 -5 — 18.0 4.7 10.8 1.37 9.2 290 180 Huttons NZ 100 . 218 — — — 15.0 6.8 17.3 .64 5.7 210 175 ICI NZ 50 . 198 +3 — — 32.0 8.0 18.3 2.72 5.4 1350 850 IE Pacific 100 . 1125 +5 1125 1150 — — — — — 120 110 Ind Broad 50 . 110 — — — — — 13.5 .78 7.3 505 360 Ind Newspapers 50 . . . 495 — — — 24.0 2.4 5.6 1.51 17.6 160 95 Intertasman 50 . 120 -10 — 130 20.0 8.3 19.4 .01 5.1 67 45 Invesco 50 67 +8 65 70 — — — — — 150 100 Invest Fin 50 133 +16 — 134 15.0 ■5.6 8.9 .78 11.1 405 258 IWDow 50 . 270 — — 280 41.0 7.5 30.7 3.54 3.2 525 220 James Smith 50 . 525 +25 — —- 19.0 1.8 3.6 2.17 27.7 165 130 Jarden 1 . 165 +23 — — 17.0 .1 3.5 .21 27.9 110 45 Jedi Corp 10 77 -33 75 — 20.0 2.5 6.6 .28 15.0 98 45 John Burns 25 95 +10 — 98 15.0 3.9 7.3 .46 13.5 100 72 John Edmond 25 (a) . . 80 — — — 22.0 6.8 12.3 .92 8.0 48 37 Kaurex 50 45 +2 — — — — — — — 320 305 Kearns Oatina 100. . . . . 310 — — — 15.0 4.8 5.9 1.76 16.7 63 58 Kidd Garrett 50 62 — — — 10.0 8.0 14.6 .55 6.8 95 55 Kingsgate 50 82 +2 82 — 4.0 2.4 3.7 .62 26.4 50 35 Kiwifruit 50 38 —2 — — — —- — — —- 150 100 Kupe Inv 40 148 -2 145 150 — — — — — 130 55 Lakeland 50 130 — 130 — — — — — — 170 75 Landmark 25 148 -2 — 150 11.5 1.9 1.0 .41 92.5 105 95 LWR Inds 25 95 -2 96 97 36.0 9.4 17.8 1.60 5.5 170 112 Lanes Inds 50 160 — — 158 — — 6.3 .78 15.8 165 130 Laurenson 50 . 145 -5 — — 20.0 6.8 8.0 1.13 12.3 600 255 L D Nathan 50 . 600 +120 — — 22.0 1.8 5.1 2.15 19.6 176 135 Leisureland 50 . 170 +12 160 — 11.0 b 3.2 — .31 — 57 34 Les Mills 20 45 +3 — 60 — — — — — 200 120 Leyland 50 . 160 -5 — — 20.0 6.2 .9 .45 106.6 80 58 Leyland Cap 50 80 +14 72 80 — — — — —- 195 77 Leyland Growth 50 . . . . 192 +2 — — 10.0 2.6 — — — 70 45 L M Min 50 60 — — 60 6.0 5.0 10.5 .13 9.5 610 246 Lion Brew 50 . 610 +105 605 — 36.0 2.9 3.6 2.00 27.7 30 22 Luxoil 50 22 — — — — — . — — — 190 140 Lusteroid 50 . 150 — — — 22.0 7.3 17.5 1.46 5.7 1170 310 Mace 50 . 1170 +270 — — 16.0 .6 2.7 — 36.5 90 62 Mainstay Props 50. . . . 90 +22 88 90 5.0 2.7 3.0 .57 33.3 285 204 Mair 50 . 285 +15 — 290 30.0 5.2 15.1 1.97 6.6 170 145 Manawatu Radio 100 . . 160 +10 — — 17.5 10.9 14.8 .93 6.7 375 310 Manthel Holds 50 (a). . . 375 +5 — — 22.0 2.9 11.6 3.20 8.5 132 100 Masport 50 110 +2 108 — 14.0 6.3 13.6 1.35 7.3 100 80 McAlpine 50 90 — — — 14.0 7.7 23.6 1.80 4.2 160 100 McConnell 50 . 160 +5 150 — 20.0 6.2 11.8 .86 8.4 205 150 McKechnie Bros 50 . . . 170 +5 — — 22.0 6.4 25.5 2.11 3.9 37 23 Min Resces 20 30 +1 — — — •— — .25 — 190 135 Montana Wines 50 ... . . 170 -10 — 180 22.0 6.4 18.7 2.87 5.3 360 302 Morrison PIM 50 . 302 -33 — — 30.0 4.9 7.6 1.08 13.0 270 145 Motor Holds 50 . 218 -20 230 245 22.0 5.0 16.2 1.60 6.1 335 250 Mt Cook Group 100 .. . . 265 +5 — — 18.0 6.7 16.4 3.70 6.0 155 125 Moyes Groves 50 . 140 + 10 — — 26.0 9.2 23.0 1.57 4.3 280 205 Nat Bloodstock 50. . . . . 280 +45 220 — — — — — 85 53 Nat Pacific 10 85 +10 84 85 22.0 2.5 4.7 .37 21.2 300 225 Newmans 50 . 285 +20 280 285 23.0 4.0 11.5 1.75 8.6 120 100 NZ Cement 100 . 115 +5 110 115 12.5 10.8 18.1 2.77 5.5 310 200 NZ Equities 25 . 250 — — — 10.0 1.0 6.2 .27 15.9 245 225 NZFP 50 . 234 — 233 235 29.0 6.1 12.5 1.84 7.9 605 490 NZ Gold Fields 20. . . . . 500 — — — — — —i .19 — 195 150 NZI Corp 50 . 185 -7 184 186 17.0 4.5 9.0 1.05 11.0 270 248 NZI Gases 100 . 248 —2 — —• 20.0 8.0 5.9 1.51 16.8 78 48 NZ Leathers 50 65 -5 — 75 10.0 7.6 14.4 1.02 6.9 260 128 NZ Marine Farms 100 . . 210 +5 202 — — — — .77 — 930 590 NZ News 100 . 910 — 850 980 28.0 3.0 6.9 4.57 14.4 51 31 NZ Oil, Gas 50 . 35 +4 — — — — — .42 — 150 100 NZ Petroleum 25 . 115 — — — — — — .20 — 205 110 NZ Refining 100 . 138 +3 — 145 16.0 11.5 36.6 3.90 2.7 630 305 NZ Salmon 25 . 625 +45 580 650 7.5 .3 — .31 — 100 45 NZ Steel 100 50 — 50 • — 18.0 36.0 108.4 2.60 .9 75 68 Northland FM 50 68 — — — — — 1.4 .42 68.0 77 70 Northrop 25 70 +2 — — 16.0 5.7 10.7 .32 9.3 245 230 Nuhaka 100 240 — — — — — — 3.91 — 17 12 Oilfields ctb 25 13 +1 12 — — — — .19 —

ms ■Ugh Low Share, Par Last Sale Change Week Quotations Buy Sell Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio 105 245 115 640 245 800 85 230 105 108 105 625 200 229 41 205 Opio Forestry 100 . . . Omnicorp 50 OHL Corp 25 Otago PP 100 Owens Group 10 ... . Pacerpac 50. Pacventure 50 ..... PDL Holds 25 (a) . . . . 105 . 235 . 105 . 634 . 230 . 730 78 . 230 -10 -15 -50 +13 +5 70 230 240 760 1.0 20.0 20.0 50.0 6.0 35.0 4 4.7 3.1 2.1 .4 3.8 3.6 3.4 11.3 10.1 9.6 .9 28.0 .98 1.07 .45 2.61 1.28 .51 345 27.6 2S.S 8.8 9.8 10.4 101.3 3.5 26 58 15 30 Petro Tar 30 Powercorp 25. . . ... . 25 52 +3 +12 24 48 55 10.0 4.8 8.6 .18 11.5 28 18 Premier 25 25 +3 — — .01 1.90 30 250 20 175 Prime West 1 Prudential 100 28 . 250 -2 +15 27 28 20.0 8.0 9.2 10.8 28.2 15.9 1774 8.2 418 290 195 230 92 315 150 60 165 75 Progressive 50 Qtron 50 Queenstown 40 Quill Humph 50 .... Rada 50 . 418 . 220 . 195 . 230 92 +16 -10 +40 +10 +11 190 93 95 11.5 22.0 21.0 1.3 5.0 4.5 3.5 64 .5 12.1 12.8 145 1.97 .48 J.98 140 105 Radio Avon 25 . 110 — 110 — 30.0 6.8 .84 7.8 192 115 Radio Otago 25 192 +52 — —. 24.0 3.1 10.6 .50 9.3 340 200 Radio Pacific 50 ... . . 300 — — — 17.0 2.8 .35 725 250 Rainbow 20 . 725 — — 725 10.0 .2 .7 139.4 282 185 Ra Ora 50 . 225 -5 — — 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 50 610 +20 600 —- 16.0 1.3 3.7 •75 26.7 321 129 Renouf Props 50 ... . . 278 —7 — 285 — 4.2 .62 23.3 380 208 R W Hellaby 50 ... . . 325 —2 — 330 — 1.42 300 155 Repco NZ 50 . 295 +30 — — 17.0 2.8 9.7 1.51 10.2 209 150 Revertex 50. . 150 +10 130 — 15.0 5.0 14.6 1.20 6.8 102.8 555 240 R Jones 50 . 545 -10 540 —' 17.5 1.6 .9 1.41 560 245 Rothmans 50 . 555 +15 555 560 26.0 2.3 7.6 2.41 13.1 285 240 R W Saunders 50 . . . . 230 — — 250 20.0 4.3 10.5 2.49 9.4 420 240 Salmond Biolab 50 . . . 255 -5 220 —- — — 415 315 Sanford 50 . 325 — — — 20.0 3.0 15.5 1.26 6.4 460 288 Saudicorp 100 . 460 +40 450 — 17.0 b 3.6 4.4 22.5 210 95 Selby Shoes 50 95 — — 22.0 11.5 33.3 1.82 2.9 160 112 Skellerup 25 . 132 +2 130 135 25.0 4.7 15.6 1.64 6.3 370 140 Smart Group 50 .... . 370 +50 —- — — — .47 150 100 Smiths City Mkt 20 . . . 150 +15 145 150 18.0 2.4 9.3 •55 10.7 165 85 Southland Meat 50. . . 90 +5 — — 17.5 9.7 — 1.80 — 25 9 Sthn Petroleum 35. . . 25 +8 24 25 — — .08 53 28 Spectrum 25 34 -1 32 — — — 6.7 .27 14.7 190 145 Steel Tube 50 . 178 -7 — 180 25.0 7.0 14.8 1.57 6.7 90 80 Stereo FM 100 85 — — — — — .15 7.6 180 140 Stevens 100 . 180 +10 — — 13.5 7.5 13.0 1.81 340 75 Tag 50 . 340 +90 250 — 10.0 1.4 2.5 .51 39.0 65 40 Tag Proplink 40 ... . 65 — — —• — — 560 375 Taylors Dry 100 ... . . 540 -20 — — 22.0 4.0 9.0 2.98 11.0 80 40 Technicgroup 25 ... . 75 +8 65 — . 8.0 1 2.6 4.5 .42 22.0 100 52 Terrace 50 87 +1 — —- — — . — 240 230 Terra Firma 100... . . 240 +30 — ' 245 — — — — 175 70 Thoroughbred 50. . . . 175 +15 — 180 — — — — — 580 545 Tozer KM 50 . 545 +15 — — — — . — — 170 125 Trans Ashb 50 . 140 — — — 16.0 5.7 10.2 .94 9.7 325 260 Transpac 100 . 310 — — 17.0 5.4 1.1 2.91 83.7 175 135 UEB Inds 50 . 145 -7 — — 25.0 8.6 23.4 2.43 4.2 40 22 Utd Resources 50 . . . 28 —- 25 — — — — .84 — 385 250 Unity 50 . 385 +45 350 — 16.0 2.0 5.5 .87 18.1 100 43 Venturecorp 50 . 100 +15 95 102 . — **— 193 140 Viko Holdings 25. . . . . 140 -20 — —* 40.0 7.1 18.1 1.26 5.5 52 35 Waikato Stud 25 ... . 43 +3 44 — — —- 6.7 .57 14.8 190 132 Waitaki Int 50 . 138 +3 135 138 29.0 10.5 24.2 2.12 4.1 280 180 Waste Mngt 50 . 280 +25 — 270 16.0 2.8 7.8 1.41 12.6 410 315 Wattle Inds 50 . 368 -42 360 380 30.0 4.0 10.8 2.52 9.2 630 615 Welgas 50 . 615 -10 — — 20.0 1.6 7,8 2.54 12.7 150 120 Wenrich 50 125 — — —r 5.8 2.3 — -— — 100 85 Westbridge 40 . 100 — — — 6.0 2.4 7.3 1.42 13.6 600 250 Wilkins Davies 50 . . . . 600 +10 — — 23.0 1.9 6.4 1.76 15.5 220 165 W Jeffery 100 . 200 — — — 17.0 8.5 16.5 2.53 6.0 250 113 Wills Props 50 . 223 +43 220 — 10.0 2.2 7.1 2.01 13.9 705 423 Wilson Horton 100. . . . 650 -30 — — 9.0 b 1.3 5.0 1.99 20.0 750 250 Wilson Neill 50 . 750 +100 —- 750 21.0 1.4 3.1 1.12 31.7 168 140 Winstone 50 . 142 — 142 145 16.0 5.6 13.3 1.63 7.5 190 160 Wormaid NZ 50 .... . 185 +10 — — 15.0 4.0 20.0 3.23 5.0 175 130 Yates Corp 50 . 165 — 160 — 22.5 6.8 9.1 1.88 10.9 Mean dividend yield 3.5 per cent. Median dividend yield 2.8 per cent Mean earnings yield 8.3 per cent. Median earnings yield 6.7 per cent Mean P/E ratio 10.2. Median P/E ratio 7.4.