N.Z.SHAREMARKET

Press, 9 July 1986, Page 38

N.Z.SHAREMARKET

THE PRESS

Tuesday, July 8, 1986

Mean dividend yield 3.4 per cent. Median dividend yield 2.9 per cent. Mean earnings yield 8.0 per cent Median earnings yield 6.6 per cent Mean P/E ratio 10.1. Median P/E ratio 7.3. 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.

1986 High Low Share, Par Last Sale Change Week Quotations Div. <v A) 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 90 61 Aitkenhead 50 85 +13 — — 8.0 4.7 9.7 .64 10.2 260 205 Ajax McPhersons 50. . . . 250 — —- — 28.0 5.6 12.2 2.18 8.1 245 150 Alcan NZ 50 ...... . . 165 — 160 — 38.0 11.5 29.7 1.89 3.3 240 80 Allegra 50 . . 240 +76 225 — .2 • — 10.4 1.2S 9.5 290 200 Allflex Holds 50 ... . . . 250 —- — — 30.0 6.C 20.S 1.45 4.7 155 102 Alliance 25 . . 148 +6 — — 34.0 5.7 12.1 .88 8.2 185 160 A M Bisley 50 . . 180 — — — 26.0 7.2 8.8 2.53 11.3 62 35 Andas Group 50 ... . 46 +1 — 55 10.0 10.8 —- .36 — 72 42 Angora 40 72 +2 70 75 — — 3.7 .50 26.6 185 120 Angus 50 . 168 +8 130 — 24.0 7.1 14.1 .81 7.0 420 138 Anzon 50 . 420 +20 — — — — — — — 283 202 ANZ Bank NZ 50 ... . 280 -3 280 282 26.0 4.6 11.9 1.08 8.3 375 150 Apex 50 . 375 +5 378 380 14.0 1.8 — 1.93 — 185 135 Apparel 100 . 185 —- — 190 10.0 5.4 7.5 1.53 13.3 160 55 Arahi Props 50 . 160 +25 155 — — — — — — 480 320 Arnold Wright 50. . . . . 480 — — — 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 — — — 5.0 7.5 14.0 1.38 7.0 140 130 Ashby Bergh 25 ... . . 125 — — 130 25.0 5.0 10.6 1.62 9.3 212 190 AB Cables 50 . 190 -5 190 — 29.0 7.6 15.6 1.26 6.3 260 220 Astec 100 . 255 -1 — — 20.0 7.8 13.4 2.27 7.4 330 250 Auckland Gas 50... . . 250 -5 — — 20.0 4.0 5.4 2.71 18.5 360 215 Aurora Group 25. . . . . 360 +15 — — 12.0 .8 1.8 1.84 55.3 85 28 Aust Breed 40 85 + 10 — 90 — — — — — 105 65 Autocrat Sanyo 100 . . 90 -15 — 100 12.0 13.3 — 2.35 — 150 120 Balllie Mtrs 50 125 — — — 20.0 8.0 28.0 2.30 3.5 385 290 Baker Group 50 ... . . 370 +10 — — 14.0 1.8 8.1 .60 12.2 400 171 BNZ Finance 25 ... . . 365 -10 360 — 27.5 1.8 5.2 .57 19.0 290 200 Barclay NZ 20 . 250 -10 — — 50.0 4.0 7.3 .87 13.6 80 50 Batley 100 70 -5 — 85 — — — — — — Baycorp 100 105 — — 107 8.0 b 7.6 18.2 — 5.4 420 250 Betacorp 50 . 460 +90 — — 11.0 1.1 1.7 .62 58.2 390 330 Bendon Inds 25 . 395 +10 395 410 56.0 3.5 7.5 .88 13.2 70 52 Big Apple 50 60 +5 — 62 — — 4.0 .52 25.0 82 55 Blandford 50 80 +11 75 — ■ — — — — — 15 7 Bridgevale 25 10 +3 10 15 — — — .05 — 590 359 Brierley 50 . 570 -14 —> 514 20.0 1.7 2.8 1.02 34.5 250 200 Brother 50 . 200 — — — 20.0 5.0 15.4 1.83 6.4 405 285 CPD 100 . 380 -25 ■— 400 25.0 6.5 14.7 2.95 6.7 430 430 Canty Roll Flour 100 . . 430 — 430 — 20.0 4.6 9.3 3.93 10.6 425 252 Cap Markets 25 . 395 -5 — 400 — — — — — 150 132 Cap Radio 25 . 150 — — — 20.0 3.3 11.3 .34 8.8 75 65 Caprana 50 65 — — — — — — — — 120 80 Carborundum 50 ... . . 100 + 10 — 100 16.0 8.0 18.4 1.22 5.4 135 88 Cardrona 100 . 130 + 10 — 140 — — — ■ — — 425 295 Carter Holt 50 . 380 -45 — 405 24.0 3.1 9.0 2.86 11.0 135 55 Cashpac 50 . 122 +2 — — — — — — — 180 120 Cavalier Elco 50 ... . . 140 -2 138 142 20.0 7.1 16.5 1.17 6.0 760 490 Ceramco 100 715 + 15 720 — 25.0 3.4 8.3 3.54 11.9 180 135 Cerebos 50 . 175 — — — 16.5 4.7 12.0 1.24 8.2 100 56 Charter 50 95 — — 95 10.0 5.2 5.4 .57 18.2 1175 552 Chase 20 . 585 +7 582 — 35.0 1.1 6.5 .73 15.3 305 215 Chch Press 50 . 305 +5 305 — 16.0 c 2.6 8.8 2.13 11.2 70 30 Clearwood 50 68 +3 — — — — — — — 90 35 Clypex 25 82 + 10 75 — 5.0 1.5 2.1 .19 45.5 8 2 Coal Energy 25 6 -2 8 — — ■ — — .19 — 345 270 Cobex 100 . 310 — — — — — — — — 400 286 Colonial Motor 50 ... . 360 +5 — — 22.0 3.0 8.3 2.56 12.0 280 200 Command Corp 50... . . 265 +5 265 280 34.0 6.4 14.3 1.39 6.9 168 63 Comm Securities 50 . . . . 168 +3 — 165 3.0 .8 25.7 .85 3.8 30 22 Commodore 25 30 — — — — — — — — 284 160 CCL 50 240 -8 — — 25.0 5.2 7.9 1.09 12.5 200 135 Consol Metal 50 . 15C--10 — — 22.0 7.3 20.8 1.94 4.8 15 7 Con Enterprises 4 ... . 15 +4 — — 12.5 3.3 15.3 .06 6.5 85 40 Cooks Wine 50 73 -2 — 90 — — — .59 — 400 216 Corp Inv 50 . 400 +50 — — 11.0 1.3 1.1 .53 86.9 360 215 Cory Wright 50 (a) . . . . 320 -40 — — 19.0 2.9 6.9 .98 14.4 040 300 Cromwell 50 . 1040 + 140 — — 12.0 .5 8.0 2.46 12.3 190 138 Crown 50 . 170 -8 — 170 24.0 7.0 16.3 2.11 6.1 23 7 Cue Energy 25 23 +1 — 20 —1 — — .19 ■ — 525 300 Dominion Brew 50 . . . . 510 -65 — 520 30.0 2.9 4.5 2.85 21.9 195 145 Donaghys Ind 50 . 160 -5 150 156 22.0 6.8 12.3 1.13 8.1 105 62 East Deer 50 70 -5 — — — — • — — — 170 130 East Gas 50 . 150 — 150 — 10.0 3.3 7.3 .53 13.6 380 330 Ebos Dental 50 . 375 — — — 22.5 3.0 9.7 2.13 10.2 562 315 Equiticorp 40 . 545 +3 540 545 20.0 1.4 6.6 .94 14.9 450 380 Ernest Adams 100 .... 380 — — — 21.0 5.5 17.6 t 5.06 5.6 690 420 Euro-Nat 50 . 690 + 128 685 690 22.5 c 1.6 3.1 1.58 31.3 190 138 FTC 25 . 190 +15 186 192 24.0 3.1 8.2 1.06 12.1 350 270 Feltex NZ 50 . 315 -23 — 315 25.0 3.9 10.5 3.01 9.4 222 142 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 3.1 150 110 First City 100 . 140 +5 125 r 150 7.5 5.3 10.0 1.08 9.9 348 265 Fisher Paykel 50 . 348 +8 340 — 24.0 3.4 12.0 2.04 8.2 460 257 Fletcher Chai 50 . 406 +6 406 408 46.0 5.6 11.0 2.23 9.0 58 30 Fleur 50 58 +8 — 56 8.0 b 6.8 8.6 — 11.6 180 115 Fortuna 50 . 180 +10 — — 18.0 5.0 5.8 .96 16.9 65 55 Foveaux Radio 100 . . . 65 — — — — — . —

0 1986 High Low Share, Par Last Sale Cbsngt Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell •115 105 OHL Corp 25 . . 105 — — 20.0 4.7 11.3 .45 8.8 0 640 625 Otago PP 100 . . 634 — 20.0 3.1 10.1 2.61 9.8 245 200 Owens Group 10 ... . . . 245 +15 254 250 50.0 2.0 9.0 1.28 11.0 8 800 229 Pacerpac 50 . . 760 +30 — — • 6.0 .3 .9 .51 105.5 92 41 Pacventure 50 ..... 92 +14 90 95 — . “T ' J ' — 230 205 PDL Holds 25 (a) . . . . . 230 230 35.0 3.8 14.0 2.41 7.1 4 28 15 Petro Tar 30 ..... . . . 28 +3 27 28 — . — — .12 — 58 30 Powercorp 25 50 -2 — — 10.0 5.0 9.0 .18 11.1 6 28 18 Premier 25 ....... 28 +3 — 28 ■ — — • • ' — 2 30 20 Prime West 1 24 -4 23 24 — .01 — 5 250 175 Prudential 100 . . 250 — — — 20.0 8.0 9.2 1.90 10.8 448 315 Progressive 50 . . 448 +30 — 450 11.5 1.2 - 3.3 1.25 30.2 400 150 Qtron 50 . . 380 +160 — — 22.0 2.8 3.6 1.97 27.5 210 60 Queenstown 40 . . .195 — 192 — - .5 .48 177.2 240 165 Quill Humph 50 .... . . 240 +10 220 250 21.0 4.3 11.6 1.98 8.6 105 75 Rada 50 . . 105 +13 106 — — — 140 105 Radio Avon 25 . . 110 — ■ 115 — 30.0 6.8 12.8 .84 7.8 192 115 Radio Otago 25. ... . . . 192 — . — ■■ 24.0 3.1 10.6 .50 9.3 340 200 Radio Pacific 50 ... . . . 325 +45 •— •— 17.0 2.6 . — — — 725 250 Rainbow. 20 . . 705 -20 700 720 10.0 .2 .7 .35 135.5 282 185 Ra Ora 50 . . 220 -5 — 225 . 2.0 .4 1.28 — 176 120 Reid Farmers 25. . . . . . 120 -15 — •— 28.0 5.8 15.1 1.17 6.5 675 180 Renouf Corp 50 . . 620 +10 620 650 . 16.0 1.2 3.6 .75 27.1 321 129 Renouf Props 50 ... . . . 270 -8 —-■ 280 — . • — 4.4 .62 22.6 380 208 R W Hellaby 50 ... . . . 325 — — 330 — —• — 1.42 —■ 300 155 Repco NZ 50 . . 290 -5 — • 17.0 5.9 9.8 1.51 10.1 209 140 Revertex 50 . . 140 -10 — — 15.0 5.3 15.7 1.20 6.3 340 295 Richmond 40 . . 305 +10 — 20.0 b 2.6 8.2 — 12.1 580 240 R Jones 50 . . 580 +35 570 580 17.5 1.5 .9 1.41 109.4 565 245 Rothmans 50 . . 565 +10 —- — 26.0 2.3 7.4 2.41 13.3 285 240 R W Saunders 50 . . . . . 230 — — 250 20.0 4.3 10.5 2.49 9.4 420 240 Salmond Biolab 50 . . . . 255 — — — < — 16.2 ■ — • — 415 310 Sanford 50 . . 310 -15 — — ■ ■■ 20.0 3.2 1.26 6.1 490 288 Saudicorp 100 . . 460 — —• 480 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 . . 130 -2 130 132 25.0 4.8 15.9 1.64 6.2 430 140 Smart Group 50 ... . . . 385 +15 —- 450 l — .47 150 100 Smiths City Mkt 20 . . . . 148 -2 150 154 18.0 2.4 9.4 .55 10.5 165 85 Southland Meat 50. . . . . 110 +20 100 105 17.5 7.9 : —- 1.80 — 25 9 Sthn Petroleum 35. . . 23 -2 25 .08 — 53 28 Spectrum 25 35 +1 35 —• • — — 6.5 .27 15.2 190 145 Steel Tube 50 165 -13 ' — 180 25.0 7.5 16.0 1.57 6.2 110 80 Stereo FM 100 . . 110 +25 — — ■ ■ — — : —• .15 — 200 140 Stevens 100 . . 200 +20 —■» 13.5 6.7 11.7 1.81 8.5 440 75 Tag 50 . . 440 +212 300 400 10.0 1.1 1.7 .45 57.8 65 40 Tag Proplink 40 ... . 65 +12 60 — — • — — —- 560 375 Taylors Dry 100 ... . . . 540 — — 22.0 4.0 9.0 2.98 n.o 80 40 Technicgroup 25 ... . 75 — — — 8.0 2.6 . 4.5 .42 22.0 100 52 Terrace 50 70 -17 90 — — —- — — 300 230 Terra Firma 100... . . 300 +60 295 — — —- — — — 245 70 Thoroughbred 50. . . . . 245 +70 — ■ —■ — •— — — — 580 500 Tozer KM - . 500 -45 — v 525 — — •— — — 170 125 Trans Ashb 50 . . . ; . . 160 +20 160 185 16.0 5.0 9.0 .94 11.1 370 260 Transpac 100 . 370 +60 300 320 - 17.0 4.5 1.0 2.91 100.0 175 135 UEB Inds 50 145 — — — 25.0 8.6 23.4 2.43 4.2 45 22 Utd Resources 50 . . . 45 +17 25 —“ — —— — .84 • — 385 250 Unity 50 . 370 -15 370 — 16.0 2.1 5.7 .87 17.4 115 43 Venturecorp 50 105 +5 100 no — — ■ — — ■ — 335 290 Verona 50 . 300 .-10 . — —. — — — 193 130 Viko Holdings 25. . . . . 130 -10 — — 40.0 7.6 19.5 1.26 5.1 52 35 Waikato Stud 25 ... . 49 +6 48 50 , — 5.9 .57 16.8 190 130 Waitaki Int 50 . 135 -3 132 —■ 29.0 10.7 24.8 2.12 4.0 300 180 Waste Mngt 50 . 295 +15 — — 16.0 2.7 7.4 1.41 13.3 410 315 Wattle Inds 50 . 385 +17 390 — 30.0 ■3.8 10.3 2.52 9.6 630 615 Welgas 50 . 615 — — 20.0 1.6 7.8 2.54 12.7 150 120 Wenrich 50 . 125 — — —» 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 — —• ■ — 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 . 215 -8 — 250 10.0 2.3 7.4 2.01 13.4 705 423 Wilson Horton 100. . . . 660 +10 — — 11.0 1.6 5.1 1.88 19.4 750 250 Wilson Neill 50 . 750 — ■ — — ! 21.0 1.4 3.1 1.12 31.7 168 140 Winstone 50 . 145 +3 — 145 16.0 5.5 13.0 1.63 7.6 190 160 Wormaid NZ 50 . . . . . 175 -10 — — 15.0 4.2 21.1 3.23 4.7 175 130 Yates Corp 50 ..... . 165 — — ■ — 22.5 6.8 9.1 1.88 10.9