THE PRESS N.Z. SHAREMARKET

Press, 15 February 1989, Page 44

THE PRESS N.Z. SHAREMARKET

Tuesday, February 14, 1989

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. n, in U.S. currency. P, in Aust, currency.

. 1988/89 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 20 8 Aden Corp 50 8 — — — — — 5.0 .74 20.0 5 1 Advantage 5 1 — — — — — — .29 40 27 Agland 50 28 — — 30 — — 24 5 Agricola 50 13 — 14 — — — — .19 40 10 Ahead 50 18 — 10 15 — — — .54 — 65 20 Akron 25 42 + 12 40 45 — — — — — 65 35 Allegra 50 36 -4 21 38 5.0 6.9 12.2 1.29 8.1 170 100 Allflex Holds 50 160 +5 158 162 10.0 3.1 6.3 1.24 15.6 56 44 Amuri 50 46 — 46 — 12.0 13.0 26.7 .80 3.7 240 40 Angus 50 40 — — 40 28.0 35.0 47.0 .91 2.1 15 2 Anzon 50 7 — 5 6 4.0 28.5 — — — 65 25 Apparel 100 30 — 30 — 5.0 16.6 — 1.38 100 70 Apple Fields 50 100 +20 90 120 5.0 2.5 6.5 1.70 15.3 28 8 Arahi Props 50 15 — — — 4.0 13.3 98.6 .75 1.0 43 0.5 Ararimu 25 1 +0.5 1 7 — — — 10 2 Areco 30 3 -3 — — — — — .15 60 10 Argus Questar 50 .... 10 — — 10 5.0 25.0 — 300 120 Arthur Barnett 50 ... . 144 — 130 150 24.0 8.3 17.1 2.71 5.8 70 30 A. Barnett Props 50. . . 30 — — 50 2.0 3.3 4.0 .59 25.0 108 50 Ascot 50 50 — 50 — — — — — 300 180 AB Cables 50 290 — — — 29.0 5.0 9.8 1.92 10.1 33 5 Australis 50 5 — — — — — 12.0 .50 8.3 35 10 Aw Investments 100. . . 10 — 15 — — — — .41 50 20 Baillie Mtrs 50 45 — 35 45 20.0 22.2 33.5 .99 2.9 126 98 Bancorp 50 100 — 96 102 — — — — 176 95 Bank NZ 50 126 -8 126 128 15.0 5.9 17.9 1.25 5.5 130 84 Baycorp 25 122 +4 122 125 40.0 8.1 15.2 .42 6.5 155 10 Bexley 100 10 — — 10 — — — 30 14 Blandford 50 14 -1 13 20 — — — .31 210 120 BNZ Finance 25 165 — 165 167 27.5 4.1 9.0 2.63 11.0 35 12 Bowen 50 12 -4 — — 15.0 62.5 — .52 — 70 20 Bridgecorp 25 50 — — 40 — — — .05 167 108 Brierley 50 162 +3 162 162 20.0 6.1 10.6 1.30 9.3 72 40 Broadway 50 72 — 65 72 7.0 4.8 11.9 1.19 8.3 175 120 Canty Roll Flour 100. . 140 +20 140 — 20.0 14.2 2.0 1.09 50.0 25 152 2 85 Capcorp 50 Cap Markets 25 2 125 -1 -5 1 130 2 129 50.0 10.0 21.5 . .93 4.6 23 3 Caprana 50 . 18 — 15 22 — — — — 195 55 Carborundum 50 60 — 30 38 12.0 10.0 5.6 1.11 17.6 130 70 Cardrona 100 . 100 — 30 125 5.0 5.0 11.2 1.14 8.9 160 100 Carr Bus 50 . 120 — 120 140 — — — — — 260 108 Carter Holt 50 . 260 +16 258 260 24.0 4.6 10.3 2.12 9.7 23 2 Cashcorp 50 2 — — 3 — — — — — 112 43 Cavalier 50 . 112 +4 110 112 11.0 4.9 8.9 1.26 11.2 308 111 Ceramco 50 140 — 140 142 32.0 11.4 20.0 1.10 5.0 290 205 Cerebos 50 . 280 +5 270 280 23.0 4.1 10.8 1.64 9.1 70 25 Ceres Pac 100 . 35 15 30 — — 62 5 Chambard 20 . 10 — — — — 9.0 .39 11.1 123 64 Chase 20 . 92 -6 92 93 50.0 10.8 25.6 1.89, 3.8 50 18 City Realties 50 . 40 — 40 — 3.0 3.7 2.0 .68 50.0 28 5 Clearwood 50 . 10 — 3 10 — — — — — 225 155 Colonial Motor 50 ... . . 155 — 140 160 22.0 7.0 10.9 1.44 9.1 80 7 Comm Securities 50. . . . 12 +5 11 14 6.0 25.0 58.3 2.08 1.7 35 18 Commodore 25 . 18 — 18 25 — — .5 .53 — 9 0.5 Como 10 0.5 — — 0.5 — — —• .10 40 20 Compass Duty 50 .... . 20 — — — — — 25 13 Coronet 25 . 15 — — — — — 19.3 .40 5.1 30 15 Coronet F.E. 25 . 30 — 30 — — — — .45 — 180 153 Corp Inv 20 . 180 +10 178 180 40.0 4.4 15.3 1.17 6.5 231 95 Countrywide 50 . 215 +13 216 217 8.0 1.8 11.8 1.90 8.4 35 2 Crowe Corp 10 . 13 — — 10 — — — .09 35 12 Cruise 50 12 — — 20 — , — — 12 5 Cue Energy 25 6 — 6 10 8.0 33.3 43.3 .25 2.3 100 80 Damba 100 . 95 — 90 100 — — — — 200 95 Datamatic 50 . 100 -5 105 — — — — — 25 13 DeRedcliffe 50 . 20 — — 20 — — — — 140 90 Donaghys 50 . 140 — 138 140 23.0 8.2 8.0 1.76 12.3 67 35 Dunbar Sloane 100 ... . 67 +7 65 67 — — — 70 21 East Equities 50 . 30 — 27 31 — — — .60 335 215 Ebos 50 . 230 — — 235 20.0 4.3 4.7 2.27 20.9 392 250 Elders NZFP 50 . 345 +12 345 347 32.0 4.6 5.6 3.16 17.6 48 3 Environ 20 8 — 5 7 — — — — 7 3 Enzedtech 50 (n) .... 5 3 10 — — — — 68 2 Equiticorp Int 50 2 — 2 2 — — — 1.40 275 170 Ernest Adams 25 . 275 +15 265 275 24.0 2.1 7.0 1.37 14.1 55 24 Euro-Nat 25 . 30 — 31 35 13.0 c 10.8 89.0 2.36 1.1 650 260 Europac 200 (n) . 395 -5 390 400 — — 50 5 Excell Corp 50 10 -8 10 15 —* — 24.0 .52 4.1 420 225 Fernz Corp 100 . 420 +10 415 420 18.0 4.2 5.0 2.49 20.0 20 8 Fin and Res 50 13 +1 13 15 — — — — — 290 200 Firestone NZ 100 .... . 280 -5 280 285 19.5 6.9 11.2 4.00 8.8 130 70 First City 100 . 72 — 72 — 10.0 13.8 23.0 1.24 4.3 415 310 Fisher Paykel 50 . 375 +13 375 378 32.0 4.2 10.6 2.60 9.3 540 385 Fletcher Chai 50 . 535 +2 534 535 50.0 4.6 11.1 3.19 9.0 250 100 Fortuna 50 . 240 — — — 29.0 6.0 14.5 1.71 6.8

1988/89 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 90 50 Foveaux Radio 100 . . . . 81 — — — — — — — — 25 3 Fullers 50 3 -1 2 — — — — — — 65 20 Gen Props 50 20 — 18 25 10.0 25.0 96.0 1.56 1.0 7 2 Genestock 50 6 -1 6 7 — — — .24 — 26 15 Girvan 50 . 20 -1 18 20 7.0 17.5 13.0 .35 7.6 50 1 Goldcorp 50 6 — 6 8 — — — — — 13 3 Gold Res 25 7 +1 6 8 — — 18.5 .26 5.3 328 205 Goodman 50 . 301 -3 301 302 19.5 3.2 7.3 1.13 13.5 55 2 Grocorp 50 . 28 — — 24 — — .48 — 70 30 Hallenstein 25 . 37 — 37 40 14.0 9.4 16.4 .43 6.0 30 5 Hamelyn 20 . 12 — 10 12 — — 15.0 .47 6.6 55 15 Harcourts 50 . 28 — — 28 — — 14.2 .47 7.0 130 52 HB Trans Holds 100. . . . 68 — — — 20.0 29.4 63.2 3.68 1.5 42 30 Helicopter 40 . 30 — 34 — — — — — — 30 9 Heritage 50 . 25 — 26 40 — — — .53 — 35 19 Holdcorp 50 . 20 +1 18 22 — — — — — 45 32 Horner Greenlees 25 . . . 40 — — 35 6.0 3.7 6.5 .35 15.3 250 165 ICI NZ 50 . 250 +3 250 — 32.0 6.4 1.6 2.70 62.5 425 345 Ind Newspapers 50 . . . . 385 +10 382 385 25.0 3.2 6.8 3.34 14.6 247 185 IEP 100 . 240 -6 238 239 20.0 8.3 4.4 1.36 22.6 130 25 Inter-Pac 50 (p) 27 -3 — 32 9.0 16.6 — .72 — 9 1 Invest Fin 50 2 — — — 14.0 — — .94 .1 520 25 James Smith 50 25 — — 20 19.0 38.0 75.6 2.17 1.3 90 53 Jarden 1 66 -6 66 68 50.0 .7 33.4 1.00 2.9 310 200 Jarden Euro 200 (n) . . . 310 310 330 — — — — — 50 28 Kale Cap 100 . 45 — 45 47 — — — — — 25 0.5 Kaurex 50 3 — 2 — — — .72 — 132 100 Kearns 100 . 100 — 10 90 10.0 10.0 11.8 1.66 8.4 60 25 Kenwood 25 . 25 — 10 30 6.0 6.0 10.4 .73 9.6 35 18 Kingsgate 50 . 28 +3 28 30 4.0 7.1 3.2 .80 31.1 30 5 Kiwi Bear 50 5 — — 5 — — — .48 — 65 23 Kiwi Gold 25 . 30 — — 18 — — — .29 — 10 2 Kiwi Oil 25 5 — 6 10 — — — — — 25 16 Kupe 50 18 — 17 18 — — — .74 — 48 6 Lakeland 50 6 — — 20 4.0 33.3 — — — 41 8 Landmark 25 8 — 8 9 10.0 31.2 — .60 — 145 85 LWR Inds 25 . 125 +1 125 127 40.0 8.0 3.8 1.81 26.0 32 16 Lasercorp 50 . 23 -1 23 25 2.5 5.4 12.1 .51 8.2 115 40 Laurenson 50 . 40 — — 45 — — 1.02 — 35 15 Lectrica 50 . 15 — 16 18 3.0 10.0 — .51 — 65 25 Leisureland 50 . 25 -1 20 25 — — — .94 — 3 0.5 Leverage 50 0.5 — — — — — — .24 — 65 7 Leyland 50 7 — 7 — 20.0 — 21.4 .45 4.6 35 1 Link BIL - 3 —» — 1 — — — — — 7 1 Link IEL - 2 — — 2 — — — — — 135 52 L M Min 50 . 65 -5 65 70 16.0 12.3 9.6 .89 10.3 300 225 Lion Nathan 25 . 300 +13 300 302 48.0 4.0 9.9 1.89 10.1 13 4 London Pac 10 9 +2 8 8 20.0 22.2 56.6 .28 1.7 30 12 Madison 20 15 -3 — 15 — — — — — 420 366 Magnum 50 . 420 +10 420 425 33.0 3.9 6.1 4.08 16.2 42 1 Mainstay Props 50. . . . 1 — — — 6.0 — — .64 — 50 40 Mainzeal Group 50 . . . 40 -6 42 43 16.0 20.0 — .85 — 102 70 Mainzeal Prop 100. . . . . 85 -1 85 87 3.0 3.5 5.5 1.38 18.0 260 160 Mair 50 . . 245 +3 245 255 30.0 6.1 10.0 2.17 9.9 13 3 Max Res 25 13 — 7 12 — — — — — 22 10 Maxwell 50 10 — 2 10 — — — — — 105 26 Mayfair 100 35 — 25 35 5.0 14.2 8.8 1.36 11.2 340 155 McKechnie Pac 50 . . . . 340 — 340 350 26.0 3.8 7.2 1.92 13.8 110 8 Merchant Capital 50. . . 8 — — 10 — — 98.7 .79 1.0 92 50 Michael Hill 20 . 92 +12 88 102 8.5 1.8 4.7 .37 20.9 225 150 Milburn 100 . 185 +5 185 195 18.0 9.7 26.0 3.53 3.8 87 40 Min Resces 20 . 65 +10 65 66 — — — .30 — 40 0.5 Mirage 25 1 — — 1 — —■ — — 22 6 Motor Holds 50 11 — 7 15 — — — .66 — 180 100 Mt Cook Group 100. . . . 145 +3 145 155 18.0 12.4 39.5 3.62 2.5 105 37 Mut. Pac 50 . 37 —- 25 40 10.0 13.5 24.5 .55 4.0 52 20 Nat Pacific 10 . 41 — 41 42 25.0 6.0 23.4 .47 4.2 125 80 Newmans 50 . 125 +5 125 127 23.0 9.2 12.5 1.47 7.9 125 38 NZ Equities 50 38 -10 45 38 28.0 36.8 123.6 .68 .8 70 15 NZ Gold Fields 20. . . . . 20 — 14 19 — — 3.5 1.02 28.5 60 52 NZI Corp 50 . 58 -2 58 59 10.0 8.6 — .54 — 138 75 NZ Leathers 50 . 100 — 100 — 15.0 7.5 12.8 1.42 7.8 94 35 NZ Oil, Gas 50 94 +8 92 93 — — 17.4 .62 5.7 170 65 NZ Petroleum 25 . . . . 65 — 70 — — — — .54 — 310 130 NZ Refining 100 . 310 +5 310 — 21.0 6.7 13.4 4.39 7.4 55 22 NZ Salmon 25 . 30 -1 27 30 — — — 1.40 — 80 60 NZ Skifields 100 . 60 -20 50 70 2.0 3.3 4.5 1.22 22.2 145 85 Normedia 50 . 90 — — — — — 1.1 .42 90.0 335 160 Nuhaka 100 . 270 -10 240 280 — — — 5.51 — 70 35 Opio Forestry 100. .. . . 50 — — — — — — 1.08 — 60 45 Omnicorp 50 . 56 — — — — — 6.0 .58 16.4 300 7 Otago PP 100 15 — — 18 — — — ■ — — 73 35 Owens Group 10 . 62 +2 60 65 90.0 14.5 17.9 1.40 5.5 65 32 Pacer Kerridge 50 . . . 45 + 1 42 47 27.1 30.1 2.8 .08 34.6 90 30 Pac Assets 100 (p) . . . . 80 -10 82 88 - —

1988/89 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Bu y Sell 25 25 Pac Sun 50 (n) 25 — — — — — — — - 15 8 Paladin 50 12 — 12 15 — — — .29 — 35 3 Pan Austral 50 3 — 4 10 4.0 66.6 126.6 .52 .7 20 10 Panz 50 10 — —■ 2 — — — — — 152 36 Paynter 50 37 — 32 40 16.0 21.6 130, 1.51 .7 195 100 PDL Holds 25 165 — 165 — — — 7.0 2.66 14.1 7 2 Perry Dines 50 5 — — 5 — — — — — 105 25 Pharmol 50 30 — — — — — — — — 30 6 Platinum — 16 — 14 16 — — — —■ — 45 1 Premier 5 3 — — — — — — .05 — 75 20 Primacq 20 20 — 18 22 25.0 25.0 171.0 2.45 .5 5 0.5 Prime West 5 0.5 — — 0.5 __ — 20.0 .08 5.0 6 0.5 Prodigal 25 0.5 — 2 8 — — — — — 40 5 Producorp 50 5 — — 7 — — — — — 28 8 Prorada 50 8 -6 6 8 — — 46.2 Al 2.1 360 200 Prudential 100 300 — — 200 20.0 6.6 7.6 1.90 13.0 260 235 Radio Otago 25 260 — — 245 40.0 3.8 19.4 1.28 5.1 250 120 Radio Pacific 25 120 — 110 130 41.0., 8.5 15.0 .50 6.6 50 23 Rank Group 100 50 — — 40 — — — — — 72 34 Regal Salmon 25 48 -2 45 48 — — 8.1 .43 12.3 60 48 Reid Farmers 25 48 — 45 47 30.0 15.6 10.0 .38, 10.0 50 9 Renouf Corp 50 12 +1 12 13 — • — 1.6 .35 60.0 110 30 Renouf Prop 50 35 — 28 38 — — 34.0 .62 2.9 25 10 Restech 50 20 — — 16 — — 2.0 .58 50.0 130 70 Revertex 50 120 — 115 125 15.0 6.2 16.1 1.73 6.1 21 2 Richmond Smart 50. . . . 2 — 3 5 16.0 b — — 1.68 — 134 76 R Jones 10 110 -2 109 110 50.0 4.5 25.3 1.05 3.9 205 75 R W Saunders 50 75 — — 60 20.0 13.3 4(14 2.90 2.4 133 90 Salmond Biolab 50 ... . 90 — 75 88 20.0 11.1 15.3 1.50 6.5 170 100 Sanford 50 170 +10 160 165 20.0 5.8 10.2 .60 9.7 12 3 Scenic Circle 25 5 — 5 10 — — — .20 — 90 46 Smiths City Grp 20 ... . 55 -3 55 57 12.5 4.5 — .79 35 15 Somex 50 15 — 15 20 — — 4.6 — 21.4 180 85 Soundwaves 10 175 — 173 178 140.0 8.0 12.5 .96 7.9 50 7 Sthn Petroleum 45 48 +2 48 49 — — — .29 — 50 22 Spectrum 25 30 -4 25 30 — — 1.6 .32 60.0 40 9 Stars Corp 50 9 -5 5 9 — — — •— — 135 80 Steel Tube 50 135 +1 135 137 — — — 1.93 — 105 37 Stevens 100 42 -3 36 44 11.0 26.1 63.3 1.54 1.5 25 8 Strada Ent 100 10 -4 8 13 — ■ — — — — 120 1 Stratcap 50 4 — — — 20.0 — 37.5 .01 2.6 15 2 Strathmore 40 5 7— 5 7 — — — .05 20 5 Striker Group 25 10 — — 8 — — 29.0 3.4 35 3 Summit 25 5 — 6 8 — — — — — 82 40 Tag 50 50 -5 52 55 14.0 14.0 83.4 2.23 1.1 30 22 Tag Proplink 40 22 — 22 — 7.5 13.6 124.5 1.08 .8 400 190 Taylors 50 190 — 180 250 27.0 7.1 23.4 2.65 4.2 25 0.5 Technicorp 25 0.5 — 1 — 14.0 — — .55 — 82 15 Terrace 50 21 — — — — — .4 .61 — 60 30 Theseus Inv 50 52 -8 52 70 — — — .59 — 323 170 Tozer KM - 302 -18 300 305 — — — —- - 360 180 Transmark 50 240 +10 240 245 26.0 5.4 6.8 2.05 14.5 55 1 Transpac 100 4 +1 3 4 — — — 2.20 — 50 22 Tranzequity 50 30 — 25 32 6.0 10.0 22.3 .49 4.4 350 240 Triple M 100 350 — — — — — — .18 — 5 1 Triumph 4 2 — 1 2 — — — — — 25 10 Tulwest 10 10 — — 11 12.0 12.0 42.0 .78 2.3 245 160 UBix Copiers 2 215 -5 215 215 120.0 1.1 30.0 .91 3.3 93 30 Utd Resources 50 93 +5 92 95 — — — .84 — 17 4 Venturecorp 50 5 — 3 7 4.0 40.0 — — — 50 . 13 Vent. Pacific 50 15 — 16 18 — — —• .58 — 24 4 Waikato Stud 25 7 +2 7 — — —- 41.4 .57 2.4 122 18 Waitaki Int 50 18 -2 18 21 14.0 38.8 — 1.76 — 190 160 Waste Mngt 50 : . . 170 — 170 180 14.0 4.1 10.7 1.66 9.3 90 38 Wellesley 50 40 — 38 39 8.0 10.0 — .78 — 230 45 Wilkins Davies 50 70 — — 20 28.0 20.0 99.1 4.06 1.0 625 475 Wilson Horton 100 625 +20 625 630 13.0 2.0 5.4 2.18 18.3 80 50 Wilson Neill 10 69 -1 68 69 60.0 8.6 19.7 .38 5.0 82 30 Woodcorp 100 35 — 20 21 4.0 11.4 101.7 1.43 .9 38 22 Woodstock 50 22 — 8 10 — — — .35 — 130 65 Wormaid NZ 50 120 +5 115 125 18.0 7.5 — 2.09 — 170 75 XS Corp 100 75 -5 — — 17.5 23.3 31.7 .93 3.1 Mean dividend yield 6.2 per cent. Median dividend yield .7 per cent. Mean earnings yield 13.8 per cent. Median earnings yield 3.5 per cent. Mean P/E ratio 6.2. Median P/E ratio 1.0.