N.Z. SHAREMARKET

Press, 16 July 1986, Page 36

N.Z. SHAREMARKET

Mean dividend yield 3.4 per cent Mean earnings yield 8.2 per cent Mean P/E ratio 10.2.

Median dividend yield 2.9 per cent Median earnings yield 6.6 per cent Median P/E ratio 7.5.

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.

ISM High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Seil 280 245 Abacus 50 . 270 — — — 21.0 3.8 6.7 .68 14.8 90 61 AJtkenhead 50 80 -5 —■ — 8.0 5.0 13.2 .59 7.5 260 205 Ajax McPhersons 50. . . . 250 — — — 28.0 5.6 12.3 2.18 8.1 245 150 Alcan NZ 50 . 155 -10 — 165 38.0 12.2 31.6 1.89 3.1 240 80 Allegra 50 . 215 -25 — 215 .2 — 11.6 1.29 8.5 290 200 Allflex Holds 50 250 — — — 30.0 6.0 20.9 1.45 4.7 155 102 Alliance 25 . 150 +2 — — 34.0 5.6 12.0 .88 8.3 62 35 Andas Group 50 46 — — 55 10.0 10.8 — .36 — 72 42 Angora 40 68 -4 — 70 —- — 3.9 .50 25.1 185 120 Angus 50 . 185 +17 — — 24.0 6.4 12.8 .81 7.7 510 138 Anzon 50 . 570 +150 — — — — — — 305 202 ANZ Bank NZ 50 . . . . 305 +25 300 — 26.0 4.2 10.9 1.08 9.1 385 150 Apex 50 385 + 10 380 — 14.0 1.8 — 1.93 — 185 135 Apparel 100 . 185 — 185 188 10.0 5.4 7.5 1.53 13.3 160 55 Arahi Props 50 . 160 — 145 160 — — — — — 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 68 +2 66 — 5.0 7.3 13.6 1.38 7.3 140 130 Ashby Bergh 25 . 125 — — — 25.0 5.0 10.6 1.62 9.3 212 190 AB Cables 50 . 195 +5 — — 29.0 7.4 15.2 1.26 6.5 260 220 Astec 100 . 260 +5 — — 20.0 7.6 13.2 2.27 7.5 330 250 Auckland Gas 50 . 265 +15 — — 20.0 3.7 5.0 2.71 19.6 420 215 Aurora Group 25 . 420 +60 — — 12.0 .7 1.5 1.84 64.6 90 28 Aust Breed 40 75 -10 75 80 — — — — • — 105 65 Autocrat Sanyo 100 . . . 95 +5 — — 12.0 12.6 — 2.35 — 150 120 Balllie Mtrs 50 . 125 — — — 20.0 8.0 28.0 2.30 3.5 385 290 Baker Group 50 . 348 +44 — — 14.0 2.0 8.7 .60 11.4 400 171 BNZ Finance 25 . 355 -10 — — 27.5 1.9 5.4 .57 18.4 290 200 Barclay NZ 20 . 270 +20 — 270 50.0 3.7 6.7 .87 14.7 80 50 Batley 100 76 +6 — — — — — — — no 105 Baycorp 100 110 +5 — — 8.0 b 7.2 17.4 — 5.7 420 250 Betacorp 50 . 402 -58 — 410 11.0 1.3 1.9 .62 50.8 390 330 Bendon Inds 25 . 385 -10 385 395 56.0 3.6 7.7 .88 12.8 70 52 Big Apple 50 62 +2 — 62 — — 3.8 .52 25.8 82 55 Blandford 50 73 -7 — 75 — — — — — 15 7 Bridgevale 25 11 +1 10 — — — — .05 — 590 359 Brierley 50 . 565 -5 562 564 20.0 1.7 2.9 1.02 34.2 250 200 Brother 50 . 200 — — — 20.0 5.0 15.4 1.83 6.4 405 285 CPD 100 . 382 +2 — 385 25.0 6.5 14.6 2.95 6.8 430 430 Canty Roll Flour 100 . . . 430 — — — 20.0 4.6 9.3 3.93 10.6 425 252 Cap Markets 25 . 400 +5 400 — — — — — — 150 132 Cap Radio 25 . 150 — — — 20.0 3.3 11.3 .34 8.8 75 62 Caprana 50 68 +3 — — — — — — — 120 80 Carborundum 50 90 -10 — — 16.0 8.8 20.4 1.22 4.8 135 88 Cardrona 100 . 130 — — 135 — — — — — 425 295 Carter Holt 50 . 390 +10 390 400 24.0 3.0 8.8 2.86 11.3 140 55 Cashpac 50 . 140 +18 — 135 — — — — — 180 120 Cavalier Elco 50 . 135 -5 135 136 20.0 7.4 17.1 1.17 5.8 760 490 Ceramco 100 . 740 +25 740 — 25.0 3.3 8.1 3.54 12.3 180 135 Cerebos 50 . 160 -15 — — 16.5 5.1 13.1 1.24 7.5 100 56 93 -2 92 95 10.0 5.3 5.5 .57 17.8 1175 552 Chase 20 . 600 +15 595 600 35.0 1.1 6.3 .73 15.7 310 215 Chch Press 50 . 305 — 305 16.0 c 2.6 8.8 2.13 11.2 70 30 Clearwood 50 65 -3 — — — — — — —. 90 35 Clypex 25 88 +6 — — 5.0 1.4 2.0 .19 48.8 8 2 Coal Energy 25 7 + 1 8 . — — — — .19 — 345 270 Cobex 100 . 310 — — — — — — — • — . 400 286 Colonial Motor 50 ... . . 370 +10 — — 22.0 2.9 8.1 2.56 12.3 280 200 Command Corp 50. . . . . 260 -5 265 — 34.0 6.5 14.6 1.39 6.8 172 63 Comm Securities 50 . . . . 172 +4 165 180 3.0 .8 25.1 .85 3.9 30 22 Commodore 25 30 — — 35 — — — — — 284 160 CCI. 50 . 245 +5 — — . 25.0 5.1 7.7 1.09 12.8 200 135 Consol Metal 50 . 150 — — — 22.0 7.3 20.8 1.94 4.8 15 7 Con Enterprises 4 ... . 12 -3 — — 12.5 4.1 19.1 .06 5.2 85 40 Cooks Wine 50 65 -8 — 90 — — — .59 — 400 216 Corp Inv 50 . 390 -10 — — 11.0 1.4 1.1 .53 84.7 360 215 Cory Wright 50 (a) . . . . 320 — — — 19.0 2.9 6.9 .98 14.4 1055 300 Cromwell 50 . 1055 +15 — — 12.0 .5 7.9 2.36 12.5 190 138 Crown 50 . 170 — — — 24.0 7.0 16.3 2.11 6.1 . 23 7 Cue Energy 25 20 -3 20 22 — — — .19 — 525 300 Dominion Brew 50 . . . . 450 -60 450 455 30.0 3.3 5.1 2.85 19.3 195 145 Donaghys Ind 50 . 160 — 155 — 22.0 6.8 12.3 1.13 8.1 105 62 East Deer 50. 75 +5 — ■ — — — — — — 170 130 East Gas 50 . 150 — — — 10.0 3.3 7.3 .53 13.6 380 330 Ebos Dental 50 . 380 +5 370 . — 22.5 2.9 9.6 2.13 10.3 562 315 Equiticorp 40 . 546 +6 — 540 20.0 1.4 6.6 .94 14.9 450 380 Ernest Adams 100 . . . . . 380 — 600 650 21.0 5.5 17.6 5.06 5.6 690 420 Euro-Nat 50 690 — — — 22.5 c 1.6 3.1 1.58 31.3 190 138 FTC 25 . 190 — — 190 24.0 3.1 8.2 1.06 12.1 350 270 Feltex NZ 50 . 305 -10 305 315 25.0 4.0 10.8 3.01 9.1 222 142 Fernz Corp 100 175 — 175 — 18.0 10.2 15.9 2.79 6.2 230 200 Firestone NZ 100 . 200 -30 200 50 17.0 8.5 36.7 3.36 2.7 150 110 First City 100 140 — — — 7.5 5.3 10.0 1.08 9.9 358 265 Fisher Paykel 50 . 358 +10 355 — 24.0 3.3 11.7 2.04 8.5 460 257 Fletcher Chai 50 411 +5 — 412 46.0 5.5 10.9 2.23 9.1 78 30 Fleur 50 . . 78 +20 70 85 8.0 b 5.1 6.4 — 15.6 180 115 Fortuna 50 . 175 -5 —- — 18.0 5.1 6.0 .96 16.5 65 55 Foveaux Radio 100 . . . . 65 — — — ' —» — — — — 335 305 Fund NZ 100 . 335 +10 — — 16.0 4.7 — — —

ms High Low Share, Par Last Sale Chang Week e Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 205 125 Gea Props 59 . 205 +5 202 — 10.0 2.4 4.0 1.29 24.6 75 48 Genestock 50 75 +5 — — — .41 50 43 Golden Bay 50 49 — —■ — 11.0 11.2 35.3 1.31 2.8 31 7 Goliath 25 25 -2 25 27 — 470 405 Goodman 50 405 -25 405 460 — — — — 50 40 Greenhouse 25 45 -5 — — — — 11.7 .30 8.4 77 58 Grocorp 50 72 +2 — — — — 315 225 Hallensteln Bros 50. . . 280 — 280 285 21.5 3.8 5.5 2.56 18.6 150 95 Hauraki Ent 25 150 +5 — — 20.0 3.3 3.2 .31 31.2 260 180 HB Trans Holds 100. . . . 180 — —- — 20.0 11.1 22.0 2.70 4.5 61 54 Helicopter 40 54 -2 55 58 — 260 220 Henry Berry 50 . 260 —- — — 26.0 5.C 10.5 2.38 9.4 105 65 Hortlc Inds 50 68 -2 — — 6.2 4.5 4.4 1.03 22.6 200 100 Hume Inds NZ 50 . . . . 190 — — — 18.0 4.7 10.8 1.37 9.2 290 180 Huttons NZ 100 . 220 — — — 15.0 6.8 17.2 .64 5.8 210 175 ICI NZ 50 . 190 -5 192 — 32.0 8.4 19.1 2.72 5.2 1350 850 IE Pacific 100 . 1020 -100 950 — —; 120 110 Ind Broad 50 110 — — — — — 13.5 .78 7.3 505 360 Ind Newspapers 50 . . . . 490 — — — 24.0 2.4 6.2 2.43 16.1 160 95 Intertasman 50 140 +10 — 140 20.0 7.1 16.6 .01 6.0 67 45 Invesco 50 65 — — 65 — 150 100 Invest Fin 50 120 -10 115 140 15.0 6.2 9.9 .78 10.0 405 258 IWDow 50 . 275 +5 — 280 41.0 7.4 30.2 3.54 3.3 570 220 James Smith 50 . 570 +20 — — 19.0 1.6 3.3 2.17 30.1 168 130 Jarden 1 155 -13 — — 17.0 .1 3.8 .21 26.2 110 45 Jedi Corp 10 78 -2 75 76 20.0 2.5 6.5 .28 15.2 100 45 John Burns 25 96 -2 — — 15.0 3.9 7.2 .46 13.7 100 72 John Edmond 25 (a) . . 75 -5 75 — 22.0 7.3 13.2 .92 7.5 65 37 Kaurex 50 65 +11 — — 320 305 Kearns Oatina 100. .. . . 310 — — 350 15.0 4.8 5.9 1.76 16.7 70 58 Kidd Garrett 50 70 — — — 10.0 7.1 13.0 .55 7.6 95 55 Kingsgate 50 88 +6 88 100 4.0 2.2 3.5 .62 28.3 50 35 Kiwifruit 50 40 +4 — — 152 100 Kupe Inv 40 . 150 -2 150 155 — — — — — 130 55 Lakeland 50 120 — 120 130 —- — — — — 170 75 Landmark 25 150 +2 145 150 11.5 1.9 1.0 .41 93.7 105 92 LWR Inds 25 93 +1 93 94 36.0 9.6 18.2 1.60 5.4 170 112 Lanes Inds 50 145 — — — — — 6.9 .78 14.3 165 130 Laurenson 50 . 145 — — — 20.0 6.8 8.0 1.13 12.3 654 255 L D Nathan 50 . 575 -65 — 580 22.0 1.9 5.3 2.15 18.7 176 135 Leisureland 50 173 +1 — — 11.0 b 3.1 .31 57 34 Les Mills 20 45 -1 — — — — — 200 120 Leyland 50 . 175 +5 — — 20.0 5.7 .8 .45 116.6 110 58 Leyland Cap 50 110 +15 — 108 — — — — — 265 77 Leyland Growth 50 . . . 265 +35 250 — 10.0 1.8 — — ■ 252 215 Link BIL - . 240 -12 250 70 45 L M Mln 50 48 -12 48 52 6.0 6.2 13.1 .13 7.6 640 246 Lion Brew 50 560 -60 565 575 36.0 3.2 3.9 2.00 25.4 30 22 Luxoil 50 22 — — — — — — 190 140 Lusteroid 50 . 145 — —- — 22.0 7.5 18.1 1.46 5.5 1300 310 Mace 50 . 1100 -200 — — 16.0 .7 2.9 34.3 90 62 Mainstay Props 50. . . . 85 85 86 5.0 2.9 3.1 .57 31.4 285 204 Mair 50 . 265 -15 — 280 30.0 5.6 16.2 1.97 6.1 375 310 Manthel Holds 50 (a). . . 350 — —. — 22.0 3.1 12.5 3.20 7.9 132 100 Masport 50 . 106 +6 — 110 14.0 6.6 14.1 1.35 7.0 100 80 McAlpine 50 95 +5 — 98 14.0 7.3 22.4 1.80 4.4 172 100 McConnell 50 . 162 -8 160 — 20.0 6.1 11.7 .86 8.5 205 150 McKechnie Bros 50 . . . . 190 + 15 — — 22.0 5.7 22.8 2.11 4.3 37 23 Min Resces 20 33 +3 — — .25 190 135 Montana Wines 50 ... . . 185 +15 170 180 22.0 5.9 17.1 2.87 5.8 360 302 Morrison PIM 50 . 320 — — — 30.0 4.6 7.2 1.08 13.7 270 145 Motor Holds 50 210 -20 — — 22.0 5.2 16.9 1.60 5.9 335 250 Mt Cook Group 100 . . . . 260 — —• — 18.0 6.9 16.7 3.70 5.9 250 125 Moyes Groves 50 . 250 +55 210 — 26.0 5.2 12.8 1.57 7.7 290 205 Nat Bloodstock 50. . . . . 285 -5 250 280 — — — 90 53 Nat Pacific 10 86 -4 — 85 22.0 2.5 4.6 .37 21.5 300 225 Newmans 50 255 +5 250 255 23.0 4.5 12.9 1.75 7.7 120 100 NZ Cement 100 105 -10 — 115 12.5 11.9 19.9 2.77 5.0 310 200 NZ Equities 25 220 -20 200 — 10.0 1.1 7.1 .27 14.0 245 225 NZFP 50 232 — 230 255 29.0 6.2 11.5 2.89 8.6 605 180 NZ Gold Fields 20. . . . 200 +20 — 15 — .19 195 150 NZI Corp 50. ...... . 189 +2 — 195 18.0 4.7 11.2 .93 8.8 270 248 NZI Gases 100 255 +5 — — 20.0 7.8 5.7 1.51 17.3 78 48 NZ Leathers 50 70 + 10 — — 10.0 7.1 13.4 1.02 7.4 290 128 NZ Marine Farms 100 . 260 -30 250 265 — .77 950 590 NZ News 100 950 — — — 28.0 2.9 6.6 4.57 15.1 51 31 NZ Oil, Gas 50 40 -10 — 42 .42 150 100 NZ Petroleum 25 115 — — — — — — .23 205 110 NZ Refining 100 150 +5 — 150 16.0 10.6 33.7 3.90 2.9 630 305 NZ Salmon 25 540 -40 — 545 7.5 .3 — .31 100 45 NZ Steel 100 51 -6 —- — 18.0 35.2 106.2 2.60 .9 75 60 Northland FM 50 60 -8 — — — — 1.6 .42 60.0 77 68 Northrop 25 68 <— — — 16.0 5.8 11.0 .32 9.0 250 230 Nuhaka 100 250 +10 — — — — 3.91 17 12 Oilfields ctb 25 13 -1 15 — — — ' — .19 — 105 105 Opto Forestry 100 ... . 105 — — — — — 3.6 .98 27.6 255 108 Omnicorp 50 233 -7 230 — 1.0 .2 3.4 1.07 29.1 115 105 OHL Corp 25 105 — — — 20.0 4.7 11.3 .45 8.8 640 625 Otago PP 100 634 — — 20.0 £i| 10.1 2.61 . 9.8

1988 High Low Share, Par Last Sale Change Quotations Buy Sell Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Week 245 200. Owens Group 10 ... . . 225 -20 220 — 12.0 .5 9.0 1.32 11.0 800 229 Pacerpac 59 . 730 -30 — 750 6.0 .4 .9 411 101,3 92 41 Pacventure 50 . . 90 -2 90 92 — 230 205 PDL Holds 25 (a) . . . . 227 -3 225 — 35.0 3.8 14.1 2.41 7.0 28 15 Petro Tar 30 . 27 —1 26 28 —* —■ — .12 58 30 Powercorp 25 45 -5 — 55 10.0 5.5 10.0 .18 10.0 30 18 Premier 25 . 30 +2 —- 30 —“ — 30 20 Prime West 1 26 +2 25 27 —• — .01 255 175 Prudential 100 . 255 +5 — 255 20.0 7.8 9.0 1.90 11.0 448 315 Progressive 50 . 440 -8 435 «— 11.5 1.3 3.3 1.25 29.7 405 150 Qtron 50 . 405 4-25 • — — 22.0 2.7 3.4 1.97 29.3 i 210 60 Queenstown 40 . 192 -3 192 195 — •5 .43 174.5 260 165 Quill Humph 50 .... . 260 +20 — 280 21.0 4.0 10.7 1.98 9.3 118 75 Rada 50 . 118 +13 118 120 140 105 Radio Avon 25 . 110 •— 125 —• 30.0 6.8 1X8 .84 7.8 192 115 Radio Otago 25 Radio Pacific 50 ... . . 192 — — 24.0 3.1 10.6 .50 9.3 340 200 . 320 -5 — — 17.0 2.6 —• 725 250 Rainbow 20 . 690 -15 700 780 10.0 J .7 •35 132.6 282 185 Ra Ora 50 . 212 -8 — — 2.0 .4 15.1 1.28 176 120 Reid Farmers 25. . . . . 120 — — —■ 28.0 5.8 1.17 6.5 675 180 Renouf Corp 50 . 630 +10 — 650 16.0 1.2 3.6 .75 27.6 321 129 Renouf Props 50 ... . . 260 -10 250 260 — — 4.5 .62 21.8 380 208 R W Hellaby 50 ... . . 325 — — 330 — — 1.42 300 155 Repco NZ 50 . 300 +10 — — 17.0 2.8 9.5 1.51 10.4 209 140 Revertex 50 140 — — — 15.0 5.3 15.7 1.20 6.3 340 285 Richmond 40 . 285 -20 — — 20.0 b 2.8 8.8 — 11.3 580 240 R Jones 50 . 570 -10 570 575 17.5 1.5 .9 1.41 107.5 565 245 Rothmans 50 . 545 -20 545 550 26.0 2.3 7.7 2.41 12.9 285 240 R W Saunders 50 . . . 230 — — 250 20.0 4.3 10.5 2.49 9.4 420 240 Salmond Biolab 50 . . . 255 •— — —- — — — — 1 415 300 Sanford 50 . 300 -10 — — . 20.0 3.3 16.8 1,26 5.9 490 288 Saudicorp 100 440 -20 — — 17.0 b 3.8 4.6 — 21.5 210 95 Selby Shoes 50 . 105 +10 — —- 22.0 10.4 30.1 1.82 3.3 160 112 Skellerup 25 . 135 +5 132 25.0 4.6 15.3 1.64 6.5 430 140 Smart Group 50 ... . . 405 +20 — — — — — .47 150 100 Smiths City Mkt 20 . . 145 -3 142 150 18.0 2.4 9.6 .55 10.3 165 85 Southland Meat 50. . . 100 -10 100 115 17.5 8.7 — 1.80 25 9 Sthn Petroleum 35. . . 20 -3 20 23 — — — .08 — 53 28 Spectrum 25 40 +5 — — — — 5.7 .27 17.3 190 145 Steel Tube 50 . 165 — 165 — 25.0 .7.5 16.0 1.57 6.2 110 80 Stereo FM 100 . 110 — — —■ —• —- — .15 — 240 140 Stevens 100 . 240 +40 — — 13.5 5.6 9.7 1.81 10.2 305 270 Strada 25 . 270 -25 — — 84.0 7.7 40.5 —• 2.4 440 75 Tag 50 425 -15 — — 10.0 1.1 1.7 .45 55.9 65 40 Tag Proplink 40 ... . 65 •— — — —• — — — — 560 375 Taylors Dry 100 ... . . 540 — — . 22.0 4.0 9.0 2.98 11.0 80 40 Technicorp 25 75 — — 77 8.0 2.6 4.5 .42 22.0 100 52 Terrace 50 90 +20 — 90 — — — — 300 230 Terra Firma 100. . . . . 250 -50 255 —■ — — — — 272 70 Thoroughbred 50. . . . . 272 +27 — — •— — — — — 580 475 Tozer KM - . 510 +10 450 510 — — —• — 170 125 Trans Ashb 50 140 -20 320 — 16.0 5.7 10.2 .94 9.7 370 260 Transpac 100 . 315 -55 310 320 17.0 5.3 1.1 2.91 85.1 175 135 UEB Inds 50 145 — — 145 25.0 8.6 23.4 2.43 4.2 45 22 Utd Resources 50 . . . 42 -3 — — — — — .84 . — 385 250 Unity 50 . 378 +8 375 — 16.0 2.1 5.6 57 17.8 115 43 Venturecorp 50 . 92 -13 92 — — — — 335 290 Verona 50 ....... . . 290 -10 — —’ — — —• —• ■ 193 130 Viko Holdings 25. . . . . 135 +5 — —- 40.0 7.4 18.8 1.26 5.3 52 35 Waikato Stud 25 ... . 52 +3 49 52 — —• 5.5 .57 17.9 190 130 Waitakl Int 50 130 -5 130 132 29.0 11.1 25.7 2.12 3.8 315 180 Waste Mngt 50 . 315 +20 — —• 16.0 25 7.0 1.41 14.2 410 315 Wattle Inds 50 . 375 -10 375 385 30.0 4.0 10.6 2.52 9.4 630 615 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 . 220 +5 210 220 10.0 2.2 7.2 2.01 13.7 705 423 Wilson Horton 100 .. . . 655 -5 — 11.0 1.6 5.1 1.88 19.2 750 250 Wilson Neill 50 . 700 -50 — — 21.0 1.5 5.6 1.67 17.6 168 140 Winstone 50 150 +5 147 —• 16.0 5.3 12.6 1.63 7.9 190 160 Wormaid NZ 50 .... 175 — — — 15.0 4.2 21.1 3.23 4.7 — — XS Corp 100 Yates Corp 50 — -160 — — 17.5 — — .93 — 175 130 . 165 — — — 22.5 6.8 9.1 1.88 10.9