THE PRESS N.Z. SHAREMARKET

Press, 30 August 1986, Page 26

THE PRESS N.Z. SHAREMARKET

Friday, August 29, 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.

* 1#8« Last Sang Quotations Div. Div. Earn. Asset P/E a High Low Share, Par Sale Week Buy SeU % Yield Yield Bkg Ratio , 162 75 Agricola 50 130 -5 — — — — * 96 61 Aitkenhead 50 89 +7 80 — 8.0 4.4 11.9 .59 8.3 4 260 205 Ajax McPhersons 50. . . 260 — — 260 28.0 5.; 11.8 2.18 8.4 245 140 Alcan NZ 50 150 +10 — — 38.0 12.6 32.1 1.81 3.0 . 240 80 Allegra 50 . 205 -15 — 215 .2 12.2 1.2! 8.1 290 190 Allflex Holds 50 ... . . 230 -5 — — 30.0 6.5 9.2 1.46 10.7 180 102 Alliance 25 163 -2 160 — 34.0 5.2 ll.( .8! 9.0 « 70 35 Andas Group 50 ... . 70 +10 60 — 10.0 7.1 .36 122 42 Angora 40 85 -27 — 105 — 3.1 •5( 31.4 210 120 Angus 50 . 190 — — — ■ 24.0 6.: 12.5 .81 7.9 635 138 Anzon 50 . 585 -50 530 — — — 410 202 ANZ Bank NZ 50 . . . 400 — 400 401 26.0 3.2 8.: 1.0! 11.9 425 150 Apex 50 . 425 +67 410 412 14.0 1.6 1.9! 200 135 Apparel 100 195 -5 195 200 10.0 5.1 7.1 1.5! 14.0 170 55 Arahi Props 50 . 110 -40 — — — — — — 490 340 Argus 50 . 420 -30 — — — — — — 800 320 Arnold Wright 50. . . . 800 — — — 28.0 1.7 5.8 3.34 17.1 - 431 250 Arthur Barnett 50 . . . . 431 +1 — — 22.0 2.5 7.5 3.91 13.1 100 60 Arthur Ellis 100 ... . 78 -2 — — 5.0 6.4 11.S 1.38 8.3 140 125 Ashby Bergh 25 .... 125 -5 — — 25.0 5.( 10.6 1.62 9.3 215 190 AB Cables 50 . 215 + 10 205 — 29.0 6.7 13.8 1.26 7.2 - 277 200 Astec 100 . 210 -5 — — 20.0 9.5 16.2 2.27 6.1 * 330 248 Auckland Gas 50. . . . . 295 -5 — — 20.0 3.3 4.5 2.71 21.8 570 215 Aurora Group 25. . . . 570 +60 520 — 12.0 .5 1.1 1.84 87.6 175 28 Aust Breed 40 140 -30 — — — — — — — 135 65 Autocrat Sanyo 100 . . . 120 -5 120 — 12.0 10.C — 2.35 — 150 120 Baillie Mtrs 50 125 +5 120 —- 20.0 8.6 28.6 2.30 3.5 -• 480 290 Baker Group 50 ... . 422 +2 415 — 14.0 1.6 7.1 .60 13.9 * 418 171 BNZ Finance 25 ... . . 400 -18 400 — 27.5 1.7 4.8 .57 20.8 , 350 200 Barclay NZ 20 . 350 +25 335 — 50.0 2.8 5.2 .87 19.1 82 50 Batley 100 80 -2 — 80 — — — — * 300 105 Baycorp 100 . 300 +30 260 — 8.0 b 2.6 6.4 — 15.6 “ 540 250 Betacorp 50 . 505 -25 — — 11.0 1.0 1.5 .62 63.9 ' 475 330 Bendon Inds 25 . 445 -15 — — 56.0 3.1 6.7 .88 14.8 70 52 Big Apple 50 61 +3 — — — — 3.9 .52 25.4 jft 85 55 Blandford 50 79 4-1 78 80 — —- — — — 40 7 Bridgevale 25 38 +3 38 — — — — .05 — 675 359 Brierley 50 . 667 +17 665 668 20.0 1.4 2.4 1.02 40.4 227 145 Brother 50 . 200 + 18 200 — 5.0 1.2 — 1.48 — 405 285 CPD 100 . 340 -22 335 — 25.0 7.3 11.0 3.05 9.0 450 430 Canty Roll Flour 100 . . . 450 — — — 20.0 4.4 8.9 3.93 11.1 425 252 Cap Markets 25 . 368 -17 — 375 — — — — 150 123 Cap Radio 25 . 123 -17 — — 40.0 8.1 22.3 .49 4.4 100 62 Caprana 50 80 +5 — — — — — 122 80 Carborundum 50 115 +5 — — 16.0 6.9 16.0 1.22 6.2 135 88 Cardrona 100 105 -5 — — — — — 425 295 Carter Holt 50 . 398 +8 395 — 24.0 3.0 8.6 2.86 11.5 270 55 Cashpac 50 216 -19 — 235 — — 180 120 Cavalier Elco 50 . 130 -5 — 132 20.0 7.6 17.8 1.17 5.6 958 490 Ceramco 100 . 958 +3 — — 27.0 2.8 6.1 3.02 16.2 180 135 Cerebos 50 . 150 — 140 — 16.5 5.5 14.0 1.24 7.1 140 56 Charter 50 . 130 -5 130 137 10.0 3.8 4.0 .57 25.0 1175 552 Chase 20 . 720 +24 — 725 35.0 .9 5.2 .73 18.8 325 215 Chch Press 50 . 300 — 290 16.0 c 2.6 9.0 2.13 11.1 155 30 Clearwood 50 . 140 -5 150 165 — — — 110 35 Clypex 25 80 — 75 — 5.0 1.5 2.2 .19 44.4 22 2 Coal Energy 25 18 — 17 — — — — .19 — 400 270 Cobex 100 . 370 -5 — — — . — 420 286 Colonial Motor 50 ... . 420 +10 — 440 22.0 2.6 7.1 2.56 14.0 280 200 Command Corp 50. . . . 270 -10 — — 34.0 6.2 14.0 1.39 7.1 215 63 Comm Securities 50 . . . . 175 -15 — — 3.0 .8 24.7 .85 4.0 52 22 Commodore 25 52 +7 — 52 — — 284 160 CCL 50 . 270 — — — 25.0 4.6 7.0 1.09 14.1 200 135 Consol Metal 50 . 160 -5 — — 22.0 6.8 19.5 1.94 5.1 19 6 Con Enterprises 4 . . . . 16 -1 14 — 1.5 .3 11.2 .04 8.8 85 40 Cooks Wine 50 50 -10 50 — — — — .59 555 216 Corp Inv 50 540 — — — 11.0 1.0 .8 .53 117.3 325 172 Cory Wright 50 (a) . . . . 325 +5 — — 19.0 2.9 6.8 .98 14.6 1650 300 Cromwell 50 . 1600 -50 — — 12.0 .3 5.2 2.36 19.0 205 138 Crown 50 190 -10 — 200 24.0 6.3 14.6 2.11 6.8 30 7 Cue Energy 25 30 +2 — 28 — — — .19 558 300 Dominion Brew 50 . . . 530 +3 — 530 30.0 2.8 4.3 2.85 22.8 195 145 Donaghys Ind 50 170 +10 160 170 22.0 6.4 11.5 1.13 8.6 105 62 East Deer 50 80 — — 80 —- — — — — 170 130 East Gas 50 150 -10 — — 10.0 3.3 7.3 .53 13.6 380 330 Ebos 50 380 — 380 — 23.5 3.0 12.0 2.18 8.2 658 315 Equiticorp 40 425 +17 422 430 20.0 1.8 8.5 .94 11.6 600 380 Ernest Adams 100 .... 600 + 10 — 660 21.0 3.5 11.2 5.06 8.9 750 420 Euro-Nat 50 750 +80 750 — 22.5 c 1.5 2.9 1.58 34.0 237 138 FTC 25 233 +3 — — 24.0 2.5 6.6 1.06 14.9 360 270 Feltex NZ 50 338 -4 — — 25.0 3.6 9.8 3.01 10.1 222 142 Fernz Corp 100 165 -10 — — 18.0 10.9 16.9 2.79 5.9 230 200 Firestone NZ 100 210 — 210 — 17.0 8.0 34.9 3.36 2.8 150 110 First City 100 140 -5 — 145 7.5 5.3 10.0 1.08 9.9 402 265 Fisher Paykel 50 390 +4 — 395 24.0 3.0 10.7 2.04 9.2 460 257 Fletcher Chai 50 416 +6 — 418 46.0 5.5 10.7 2.23 9.2 90 37 Fleur 50 70 +2 — 75 — — — .24 195 115 Fortuna 50 195 — 180 — 18.0 4.6 12.5 .97 7.9 75 55 Foveaux Radio 100 ... 74 +4 — - - - -

1S8S Last ;€hang e Quotations Div. Div. Earn Asset P/E High Low Share, Par Sale Weel Buy Sell % Yield Yield Bkg Ratio 480 305 Fund NZ 100 . . 465 +£ — 16.0 3.' . — 285 125 Gen Props 50 . . 250 — — 10.0 2. 1 3.. 1.2 > 30.1 75 48 Genestock 50 67 — .4 - 60 43 Golden Bay 50 60 60 62 n.o 9. 28.8 1.3 3.4 35 7 Goliath 25 22 -8 - 28 470 390 Goodman 50 . . 395 —3C - — » _ — 130 40 Greenhouse 25 75 -55 — 7.1 .31 14.1 77 58 Grocorp 50 68 ’-2 70 — 340 225 Hallenstein Bros 50. . . . 335 — — 21.5 3.1 4.-! 2.58 22.3 180 95 Hauraki Ent 25 . . 170 -It — — 20.0 2.S 2.8 .31 35.4 260 170 HB Trans Holds 100. . . . 170 -5 — 20.0 11.' 23.5 2.7* 4.2 61 51 Helicopter 40 53 -2 — — 265 200 Henry Berry 50 .... . . 200 —6( — 26.0 6.5 13.' 2.38 7.2 105 65 Hortic Inds 50 .... . 80 —- — ■ 6.2 3.8 3." 1.03 26.6 200 100 Hume Inds NZ 50 . . . . . 200 — — —. 18.0 4.5 10.5 1.37 9.7 290 180 Huttons NZ 100 . . 224 — — 15.0 6.6 16.5 .64 5.9 210 175 ICI NZ 50 . . 200 — 200 — 32.0 8.0 18.1 2.72 5.5 1350 850 IE Pacific 100 . . 1130 +38 — 1150 — 120 100 Ind Broad 50 . . 100 — — — — 14.9 .78 6.7 530 300 Ind Newspapers 50 . . . . 375 —2C — — 24.0 3.2 6.7 2.03 14.8 160 95 Intertasman 50 . . 120 — — — 20.0 8.3 19.4 .01 5.1 90 45 Invesco 50 68 -3 68 —- 150 100 Invest Fin 50 . . 138 —2 — 140 15.0 5.4 8.6 .78 11.5 405 258 IWDow 50 . . 265 +5 — — 41.0 7.7 31.3 3.54 3.1 570 220 James Smith 50 ... . . 535 -10 — 570 19.0 1.7 3.5 2.17 28.3 255 130 Jarden 1 . 250 -25 250 — 17.0 2.3 .21 42.3 110 45 Jedi Corp 10 ...... . 70 — 68 — 20.0 2.8 7.2 .28 13.7 115 45 John Burns 25 . 105 -5 — — 15.0 3.5 6.6 .46 15.0 100 67 John Edmond 25 (a) . 90 —. 85 — 22.0 6.1 11.0 .92 9.0 80 37 Kaurex 50 75 -5 — 85 320 305 Kearns Oatina 100. . . . 310 — — 15.0 4.8 5.9 1.76 16.7 70 58 Kidd Garrett 50 ... . 64 -1 — — 10.0 7.8 14.2 .55 7.0 115 55 Kingsgate 50 94 +4 — 100 4.0 2.1 3.2 .62 30.3 50 35 Kiwifruit 50 48 +3 _ • — 250 100 Kupe Inv 40 . 235 +17 230 130 55 Lakeland 50 . 100 -5 — 195 75 Landmark 25 . 170 +5 177 — 15.0 2.2 5.4 .69 18.4 126 92 LWR Inds 25 . 120 -5 —- 125 36.0 7.5 14.1 1.60 7.0 170 112 Lanes Inds 50 . 150 -10 — — — 6.7 .78 14.8 165 130 Laurenson 50 . 138 — — — 20.0 7.2 8.4 1.13 11.7 695 255 L D Nathan 50 . 642 +2 — 650 22.0 1.7 4.7 2.15 20.9 199 135 Leisureland 50 . 165 -20 — 200 11.0 b 3.3 .31 57 34 Les Mills 20 45 — — 50 295 120 Leyland 50 . 268 -7 250 300 20.0 3.7 .5 .45 178.6 180 58 Leyland Cap 50 180 +20 — —- — 410 77 Leyland Growth 50 . . 410 +20 — — 10.0 1.2 ■ 300 210 Link BIL - . 270 -30 — — 70 45 L M Min 50 60 -5 55 63 6.0 5.0 10.5 .13 9.5 640 246 Lion Brew 50 . 575 — — 580 42.0 3.6 7.5 5.73 13.2 30 18 Luxoil 50 18 -2 — — — 190 140 Lusteroid 50 . 160 — — — 22.0 6.8 16.4 1.46 6.0 1400 310 Mace 50 . 1280 -20 — — 16.0 .6 2.5 40.0 122 62 Mainstay Props 50... . . 115 — 112 120 5.0 2.1 2.3 .57 42.5 285 204 Mair 50 . 255 — — — 30.0 5.8 16.9 1.97 5.9 380 310 Manthel Holds 50 (a) . . . 380 +20 —- — 22.0 2.8 11.5 3.20 8.6 132 92 Masport 50 94 — 90 — 14.0 7.4 15.9 1.35 6.2 200 80 McAlpine 50 . 200 +40 — — 14.0 ,3.5 10.6 1.80 9.3 190 100 McConnell 50 . 170 -17 — — 20.0 5.8 11.1 .86 8.9 205 150 McKechnie Bros 50 . . . . 190 — — — 22.0 5.7 22.8 2.11 4.3 85 23 Min Resces 20 52 +20 50 — .24 210 135 Montana Wines 50 ... . . 170 — 170 — 22.0 6.4 18.7 2.87 5.3 360 302 Morrison PIM 50 . 320 — 330 — 30.0 4.6 7.2 1.08 13.? 270 145 Motor Holds 50 . 194 + 19 — — 22.0 5.6 4.4 1.64 22.2 335 250 Mt Cook Group 100 . . . . 260 -10 — 260 18.0 6.9 16.7 3.70 5.9 255 125 Moyes Groves 50 . 220 -10 — — 26.0 5.9 11.2 1.83 8.9 290 204 Nat Bloodstock 50. . . . . 240 -38 — — 4.0 .8 4.3 23.0 105 53 Nat Pacific 10 96 -2 — 97 22.0 2.2 4.1 .37 24.0 300 225 Newmans 50 ....... . 250 -3 — 260 23.0 4.6 13.1 1.75 7.5 125 100 NZ Cement 10' . 125 + 10 — — 12.5 10.0 16.7 2.77 5.9 320 200 NZ Equities 25 . 265 -35 — — 10.0 .9 5.9 .27 16.8 272 225 NZFP 50 . 270 -2 270 — 29.0 5.3 9.9 2.89 10.0 605 180 NZ Gold Fields 20. . . . . 250 -10 250 — — .19 200 150 NZI Corp 50 . 187 +2 186 188 18.0 4.8 11.3 .93 8.7 270 248 NZI Gases 100 . 255 -5 — — 20.0 7.8 5.7 1.51 17.3 78 48 NZ Leathers 50 70 +4 — — 10.0 7.1 13.4 1.02 7.4 290 128 NZ Marine Farms 100 . . 250 -25 230 235 . .77 1080 590 NZ News 100 . 1080 +10 1070 1090 28.0 2.5 5.8 4.57 17.1 51 31 NZ Oil, Gas 50 50 +4 — 50 .42 150 100 NZ Petroleum 25 . 100 — _. .23 205 110 NZ Refining 100 125 — — — 16.0 12.8 40.4 3.90 2.4 598 302 NZ Salmon 25 440 -25 430 450 7.5 .4 .31 100 34 NZ Steel 100 39 +5 38 — 18.0 46.1 138.9 2.60 .7 93 53 Northland FM 50 93 +23 — — — 1.0 .42 93.0 77 68 Northrop 25 68 -2 — — 10.0 3.6 6.7 .37 14.7 250 230 Nuhaka 100 250 — 250 — — 3.91 17 12 Oilfields ctb 25 14 -I — — .19 105 100 Opio Forestry 100 .... 105 +5 — —- — — 3.6 .98 27.6 260 108 Omnicorp 50 220 -5 225 1.0 .2 3.6 1.07 27.5 170 105 OHL Corp 25 150 — — — 20.0 31| 7.9 .45 12.6

High Low Share, Par Last Sale Div. % Div. Yield Earn. YieM Big 640 255 800 625 200 229 Otago PP loo....... Owens Group 10 .... . Pacerpac 50. 634 . . 215 . 680 -20 -18 . 210 690 20.0 12.0 6.0 3.1 J .4 10.1 9.4 1.0 2.61 1.32 .51 9.8 . as 160 240 41 205 Pacventure 50 PDL Holds 25 (a) ... . 142 . 240 4-12 +5 140 240 142 250 35.0 3.6 13.4 2.41 35 15 Petro Tar 30 33 4-2 33 35 .12 58 30 30 18 Powercorp 25. ..... . Premier 25 '. 42 26 -3 -4 - - 10.0 5.9 10.7 .18 .01 30 20 Prime West 1 26 -1 25 26 6.9 330 175 Prudential 100 330 4-20 — — 20.0 6.0 1.90 14.3 535 410 263 150 Progressive 50 Qtron 50 490 . 395 -10 -5 485 490 11.5 22.0 1.1 2.7 2-5 3.4 1.04 1.97 39.8 28.6 210 60 Queenstown 40 . 185 4-20 — 180 .5 10.9 8.7 .5 .48 168.1 320 320 150 255 165 75 Questar 50 Quill Humph 50 Rada 50 . 255 320 135 -20 -4 135 325 140 11.2 b 21.0 2.1 3.2 1.98 .51 9.1 11.4 168-7 140 105 Radio Avon 25 120 -2 115 — 30.0 6.2 11./ .84 8.5 205 115 Radio Otago 25 205 — — — 24.0 2.9 10.0 .50 10.0 360 200 Radio Pacific 50 350 •— — 17.0 2.4 785 250 730 4-10 725 730 10.0 .2 .5 .29 169.7 282 185 Ra Ora 50 225 -5 — 235 2.0 .4 1.28 176 100 Reid Farmers 25 110 4-10 — 28.0 6.3 16.5 1.17 800 180 Renouf Corp 50 690 -20 — 700 16.0 1.1 3.3 •75 30.2 355 129 Renouf Props 50 305 -35 305 . — — 3.9 .62 25.6 380 208 R W Hellaby 50 345 — 345 — 1.42 320 155 Repco NZ 50 320 —- •— 17.0 2.6 8.9 1.51 iu * ? 209 140 Revertex 50 175 4-5 — — 15.0 S3 12.5 1.20 7.9 350 280 Richmond 40 313 -17 — — 20.0 b 2.5 8.0 — 12.4 590 565 240 245 575 -15 — 580 17.5 1.5 .9 1.41 108.4 Rothmans 50 560 4-20 — 565 26.0 2.3 7.5 2.41 13.2 285 240 R W Saunders 50 .... 230 ' — — 270 20.0 4.3 • 10.5 2.49 9.4 420 240 Salmond Biolab 50 . . . 260 4-5 — — — — — - 415 260 Sanford 50. 270 -5 — — 20.0 3.7 18.7 1.26 5.3 490 288 Saudicorp 100 435 4-20 430 450 17.0 b 3.9 4.6 21.3 210 95 Selby Shoes 50 130 — • — — 22.0 8.4 24.3 1.82 4.1 160 112 Skellerup 25 132 -3 132 135 25.0 4.7 6.8 1.76 14.6 460 140 Smart Group 50 440 4-10 — •— — — .47 • 230 100 Smiths City Mkt 20 . . . 180 4-5 180 182 18.0 XOj 6.3 .58 15.7 .165 85 Southland Meat 50. . . . 110 -10 — — 17.5 7.9 — 1.80 36 9 Sthn Petroleum 35. . . . 36 4-11 — — — —- .08 53 28 Spectrum 25 42 —4 40 — — 5.4 .27 18.2 190 145 Steel Tube 50 165 4-2 — 25.0 7.5 16.0 2.01 6.2 115 80 Stereo FM 100 110 — — — — — — .15 280 140 Stevens 100 230 -10 — — 13.5 5.8 10.1 1.81 9.8 305 205 Strada 25 225 -10 — — 84.0 9.3 48.6 — 2.0 440 75 Tag 50 370 -20 100 — 10.0 1.3 2.0 .45 48.6 135 40 Tag Proplink 40 135 4-55 — — 5.6 1.6 14.4 — 6.9 448 300 Taylors Dry 100 330 — — 340 22.0 6.6 11.8 2.38 8.4 80 40 Technicorp 25 70 — — 75 8.0 2.8 4.8 .42 20.5 100 52 Terrace 50 85 -5 — — —- — — —- 325 230 Terra Firma 100 290 -35 — —■ — — —- — — 355 70 Thoroughbred 50 322 -8 — — — — — — 580 430 125 510 -35 480 — —» — — —— 590 Trans Ashb 10 230 -40 275 16.0 .6 1.1 .18 88.4 370 260 Transpac 100 280 — — — 17.0 6.0 1.3 2.91 75.6 175 135 UEB Inds 50 155 — 155 — 25.0 8.0 8.0 2.08 12.5 50 22 Utd Resources 50 .... 50 4-2 — —", — •—» .84 — 480 200 Unity 50 425 -55 — — 13.0 1.5 7.2 1.28 13.7 130 43 Venturecorp 50 105 -21 —- 115 — — —- 335 230 Verona 50 290 — — 290 — — — 200 130 Viko Holdings 25 140 —- — — 40.0 7.1 18.1 1.26 5.5 59 35 Waikato Stud 25 ..... . 51 4-1 51 — — — 5.6 .57 17.5 190 130 Waitaki Iht 50 140 -5 —- 140 29.0 10.3 23.9 2.12 4.1 400 180 Waste Mngt 50 335 4-15 — ■ 16.0 2.3 6.5 1.41 15.1 410 315 Wattle Inds 50 375 375 380 30.0 4.0 10.6 2.52 9.4 630 550 Welgas 50 560 — — — 20.0 1.7 8.5 2.54 11.6 150 100 Wenrich 50 . 100 -5 — 110 5.8 2.9 — — 200 85 Westbridge 40 200 4-60 — — 6.0 1.2 3.6 1.42 27.3 610 250 Wilkins Davies 50 560 4-10 — — 28.0 2.5 11.0 2.31 9.0 220 165 W Jeffery 100 200 — — — 17.0 8.5 16.5 2.53 6.0 250 113 Wills Props 50 235 4-5 — 235 10.0 2.1 6.8 2.01 14.6 740 423 Wilson Horton 100.... . 740 4-20 — —- 11.0 1.4 4.5 1.88 21.7 710 200 Wilson Nell! 50 710 + 10 — — 21.0 1.4 4.4 1.37 22.3 168 140 Winstone 50 . . . 155 -1 155 —- 16.0 5.1 12.1 - 1.63 8.2 230 160 Wormaid NZ 50 215 — — — 15.0 3.4 17.2 3J>3 5.8 210 145 XS Corp 100 205 -5 140 — 17.5 8.5 11.6 .93 8.6 175 130 Yates Corp 50 165 — — — 22.5 6.8 9.1 1.88 10.9 Mean dividend yield 3.2 per cent. Median dlvidenc yield 2.5 per cent Mean earnings yield 7.7 per cent Median earnings yield 5.9 per cent Mean P/E ratio 11.4. Median P/E ratio 8.3.