N.Z. SHAREMARKET

Press, 18 February 1989, Page 20

N.Z. SHAREMARKET

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Friday, February 17, 1989

Mean dividend yield 6.4 per cent. Mean earnings yield 14.0 per cent. Mean P/E ratio 6.0.

Median dividend yield .7 per cent. Median earnings yield 3.5 per cent. Median P/E ratio 1.0.

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. c, dividend adjusted to annual basis. e, shares partly paid up. g, ex dividend, rights or bonus.' n,> in U.S. currency.

b, dividend forecast. d, profit adjusted to annual basis. f, no allowance for exchange difference. h, capital reconstruction. 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 56 8 — — — — 5.0 .74 20.0 5 1 Advantage 5 1 — — 1 — .29 40 27 Agland 50 28 — — 30 — — 24 5 Agricola 50 . 13 — T — — .19 40 10 Ahead 50 . 18 — — — .54 65 20 Akron 25 . 42 +12 — — — — — — 65 35 Allegra 50 36 -2 — 5.0 6.9 12.2 1.29 8.1 170 100 Allflex Holds 50 . 162 +7 160 — 10.0 3.0 6.2 1.24 15.8 56 44 Amur! 50 . 46 — 46 48 12.0 13.0 26.7 .80 3.7 240 40 Angus 50 40 — — — 28.0 35.0 47.0 .91 2.1 15 2 Anzon 50 6 -1 — — 4.0 33.3 — 65 100 25 70 Apparel 100 . . Apple Fields 50 . 30 . 100 +20 90 120 5.0 5.0 16.6 2.5 6.5 1.38 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 — — — — 10 2 Areco 30 3 —- — — — — • — .15 60 10 Argus Questar 50 .... 10 — — 8 5.0 25.0 300 120 Arthur Barnett 50 ... . . 140 -4 — — 24.0 8.5 17.6 2.71 5.6 70 30 A. Barnett Props 50. . . . 30 — — 50 2.0 3.3 4.0 .59 25.0 108 50 Ascot 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 — — — — — — .41 50 20 Baillie Mtrs 50 45 — — — 20.0 22.2 33.5 .99 2.9 126 98 Bancorp 50 . 100 — —- — — — — — 176 95 Bank NZ 50 . 130 -3 125 — 15.0 5.7 17.3 1.25 5.7 - 130 84 Baycorp 25 . 122 — 120 — 40.0 8.1 15.2 .42 6.5 155 10 Bexley 100 10 — — — — — — 30 14 Blandford 50 14 -1 — — — — .31 210 120 BNZ Finance 25 . 165 -5 — — 27.5 4.1 9.0 2.63 11.0 35 12 Bowen 50 12 — — — 15.0 62.5 — .52 70 20 Bridgecorp 25 50 — — — — — — .05 167 108 Brierley 50 . 157 -10 158 159 20.0 6.3 11.0 1.30 9.0 72 40 Broadway 50 . 72 — 65 72 7.0 4.8 11.9 1.19 8.3 175 120 Canty Roll Flour 100. . . 140 +20 120 140 20.0 14.2 2.0 1.09 50.0 25 152 2 85 Capcorp 50 Cap Markets 25 2 . 123 -1 -7 - 50.0 10.1 21.8 .93 4.5 23 195 3 25 Caprana 50 Carborundum 50 . 18 . 25 -35 - 12.0 24.0 13.6 1.11 7.3 130 70 Cardrona 100 . 100 — — — 5.0 5.0 11.2 1.14 8.9 160 100 Carr Bus 50 . 120 — — —“ — — — — 260 108 Carter Holt 50 . 258 -2 257 — 24.0 4.6 10.3 2.12 9.6 23 112 2 43 Cashcorp 50 Cavalier 50 2 . 130 +18 125 - 11.0 4.2 7.6 1.26 13.0 308 111 Ceramco 50 . 142 — 138 —• 32.0 11.2 19.7 1.10 5.0 290 205 Cerebos 50 . 280 —- ■. — — 23.0 4.1 10.8 1.64 9.1 70 25 Ceres Pac 100 . 35 — — — — — 62 5 Chambard 20 10 — — — — — 9.0 .39 11.1 123 64. Chase 20 . 72 -35 72 — 50.0 13.8 32.7 1.89 3.0 50 18 City Realties 50 . 40 +2 — — 3.0 3.7 2.0 .68 50.0 28 5 Clearwood 50 . 10 — — — — — — 225 155 Colonial Motor 50 ... . . 155 — — — 22.0 7.0 10.9 1.44 9.1 80 7 Comm Securities 50. . . . 12 — 7 — 6.0 25.0 58.3 2.08 1.7 35 18 Commodore 25 . 18 — — - — — — .5 .53 9 0.5 Como 10 0.5 — — — — — — .10 40 20 Compass Duty 50 . . . . 20 — — — — — 25 13 Coronet 25 . 15 — — — — — 19.3 .40 5.1 31 15 Coronet F.E. 25 . 31 +1 30 — — — — .45 — 180 153 Corp Inv 20 . 177 — — . — 40.0 4.5 15.5 1.1 / 6.4 231 95 Countrywide 50 . 220 +10 — — 8.0 1.8 11.5 1.90 8.6 35 2 Crowe Corp 10 . 13 — — 10 — — .09 35 12 Cruise 50 . 12 — —- — — 12 5 Cue Energy 25 6 — 5 — 8.0 33.3 43.3 .25 2.3 100 80 Damba 100 . 95 — — — — — — 200 95 Datamatic 50 . 100 — 105 — — — —• — — 25 13 DeRedcliffe 50 . 20 — — — — — — — 140 90 Donaghys 50 . 135 -4 — 138 23.0 8.5 8.3 1.76 11.9 67 35 Dunbar Sloane 100 . . . . 65 — 65 — — — — 70 21 East Equities 50 . 30 — — — — — — .60 335 215 Ebos 50 . 225 -5 — — 20.0 4.4 4.8 2.27 20.4 392 250 Elders NZFP 50 . 332 -23 325 — 32.0 4.8 5.9 3.16 16.9 48 3 Environ 20 8 — — — — — — 7 3 Enzedtech 50 (n) . . . . 5 — 3 10 — — — 68 2 Equiticorp Int 50 2.5 -0.5 2 — — — — 1.40 275 170 Ernest Adams 25 . 275 — 260 275 24.0 2.1 7.0 1.37 144 55 24 Euro-Nat 25 . 31 + 1 — — 13.0 c 10.4 86.1 2.36 1.1 650 260 Europac 200 (n) . 395 -5 — — • — — 50 5 Excell Corp 50 10 -8 — — — — 24.0 .52 4.1 425 225 Fernz Corp 100 .... . . 420 +5 — 425 18.0 4.2 5.0 2.49 20.0 20 8 Fin and Res 50 . 13 —- 13 15 — — — 290 200 Firestone NZ 100 . . . . . 290 +10 — — 19.5 6.7 10.8 4.00 9.1 130 70 First City 100 . 72 -3 — — 10.0 13.8 23.0 1.24 4.3 415 310 Fisher Paykel 50 . 375 -3 — — 32.0 4.2 10.6 2.60 9.3 540 385 Fletcher Chai 50. .'. . . . 525 -15 — 525 50.0 4.7 11.3 3.19 8.8 250 100 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 — — — — — — — 65 20 Gen Props 50 . . 20 — 18 — 10.0 25.0 96.0 1.56 1.0 7 2 Genestock 50 7 — — — — — — .24 — 26 15 Girvan 50 . . 19 -1 18 20 7.0 18.4 13.6 .35 7.3 50 1 Goldcorp 50 8 +2 8 — — - — — — 13 3 Gold Res 25 8 +2 — —* — — 16.2 .26 6.1 328 ' 205 Goodman 50 . . 287 -26 — — 19.5 3.3 7.7 1.13 12.9 55 2 Grocorp 50 . . 28 — — — . — — — .48 — 70 30 ' Hallenstein 25 . . 39 +2 36 — 14.0 8.9 15.6 .43 6.3 30 5 Hamelyn 20 . . 12 — — — — — 15.0 .47 6.6 55 15 Harcourts 50 . . 23 -5 — 30 — — 17.3 .47 5.7 130 52 HB Trans Holds 100. . . 68 — — — ■ 20.0 29.4 63.2 3.68 1.5 42 30 Helicopter 40 . . 30 — — —- — — — — — 30 9 Heritage 50 . . 24 -1 — — — — — .53 — 35 19 Holdcorp 50 . . 20 — — 22 — — 6.5 45 32 Horner Greenlees 25 . . 40 — —- —- 6.0 3.7 .35 15.3 252 165 ICI NZ 50 . . 250 — — — 32.0 6.4 1.6 2.70 62.5 425 345 Ind Newspapers 50 . . . . 385 — — — 25.0 3.2 6.8 3.34 14.6 247 185 IEP 100 . . 238 -9 236 — 20.0 8.4 4.4 1.36 22.4 130 25 Inter-Pac 50 (p) . . . . . . 27 -3 . — — 9.0 16.6 — .72 — 9 1 Invest Fin 50 2 — — • — 14.0 — — .94 .1 1.3 520 25 James Smith 50 ... . . . 25 — — — 19.0 38.0 75.6 2.17 90 53 Jarden 1 . . 64 -6 — — 50.0 .7 34.5 1.00 2.8 310 200 Jarden Euro 200 (n) . . . 310 — — — —■ — — — — 50 28 Kale Cap 100 . . 47 +2 43 — — — — — — 25 0,5 Kaurex 50 3 — — — — — — .72 — 132 100 Kearns 100 . . 100 — 10 90 10.0 10.0 11.8 1.66 8.4 60 25 Kenwood 25 . . 25 — — — 6.0 6.0 10.4 .73 9.6 35 18 Kingsgate 50 . . 30 +2 27 30 4.0 6.6 3.0 .80 33.3 30 5 Kiwi Bear 50 5 — — — — — .48 — 65 23 Kiwi Gold 25 . . 30 — — — — — — .29 — 10 2 Kiwi Oil 25 5 — — — — — — — 25 16 Kupe 50 . . 18 — — 20 — — — .74 — 48 6 Lakeland 50 6 — —■ 20 4.0 33.3 —- — — 41 8 Landmark 25 8 -1 8 — 10.0 31.2 — .60 — 145 85 LWR Inds 25 . . 125 — 122 125 40.0 8.0 3.8 1.81 26.0 32 16 Lasercorp 50 . . 22 —2 23 25 2.5 5.6 12.7 .51 7.8 115 40 Laurenson 50 40 — — — — — — 1.02 — 35 15 Lectrica 50 . . 16 +1 , — — 3.0 9.3 — .51 — 65 25 Leisureland 50 . . 25 -1 — — — — — .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 — — ■ — — — — — — 135 52 L M Min 50 . . 65 -5 60 — 16.0 12.3 9.6 .89 10.3 325 225 Lion Nathan 25 . . 325 +33 — 327 48.0 3.6 9.1 ' 1.89 10.9 13 4 London Pac 10 8 — 7 — 20.0 25.0 63.7 .28 1.5 30 12 Madison 20 . . 15 — — — • — — — — — 430 366 Magnum 50 . . 420 +3 — — 33.0 3.9 6.1 4.08 16.2 42 1 Mainstay Props 50. . . 1 — — — 6.0 — .64 — 50 38 Mainzeal Group 50 . . . 38 -7 — — 16.0 21.0 — .85 ' — 102 70 Mainzeal Prop 100. . . . 82 -3 — — 3.0 3.6 5.7 1.38 17.4 260 160 Mair 50 . . 240 -15 235 245 30.0 6.2 10.2 2.17 9.7 13 3 Max Res 25 . . 13 — — — — — — — — 22 10 Maxwell 50 . . 10 — — — — — — — 105 25 Mayfair 100 . . 25 -10 — — 5.0 20.0 12.4 1.36 8.0 340 155 McKechnie Pac 50 . . . 340 — — — 26.0 3.8 7.2 .1.92 13.8 110 8 Merchant Capital 50. 8 — — — — ■ — 98.7 .79 1.0 92 50 Michael Hill 20. . . . . . 92 +7 80 —• 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 . . 63 -2 — — — — — .30 — 40 0.5 Mirage 25 1 — — — — — — — — 22 6 Motor Holds 50 9 -2 — — — — — .66 — 180 100 Mt Cook Group 100 . . . 145 — 140 — 18.0 12.4 39.5 . 3.62 2.5 105 37 Mut. Pac 50 . . 37 — — — 10.0 13.5 24.5 .55 4.0 52 20 Nat Pacific 10 ... . . . 42 +1 — — 25.0 5.9 22.8 .47 4.3 125 80 Newmans 50 . . 122 -3 — — 23.0 9.4 12.8 1.47 7.7 125 30 NZ Equities 50 .*. 30 -14 — 50 28.0 46.6 156.6 .68 .6 70 15 NZ Gold Fields 20. . . . . 20 — — — — — 3.5 1.02 28.5 60 52 NZI Corp 50 . . 57 -3 56 57 10.0 8.7 — .54 — 138 75 NZ Leathers 50. . . . . . 95 -5 90 — 15.0 7.8 13.4 1.42, 7.4 94 35 NZ Oil, Gas 50 . . 88 -5 — 93 — . — 18.6 .62 5.3 170 65 NZ Petroleum 25 . . . . 65 — — — — . — — .54 — 310 130 NZ Refining 100 .. . . . 310 — — — 21.0 6.7 13.4 4.39 7.4 55 22 NZ Salmon 25 . . 30 — — - — — — — 1.40 — 80 60 NZ Skifields 100 ... . . . 60 -20 — — 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 +20 — 300 — — — 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 — — 15 — — — — — 73 35 Owens Group 10 . . . . . 60 +2 — — 90.0 15.0 18.5 1.40 5.4 65 32 Pacer Kerridge 50 . . . 40 -430 — — 27.1 33.8 3.2 .08 30.7 90 30 Pac Assets 100 (p) . . . 80 - — — - —

1988/89 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 25 15 35 25 8 3 Pac Sun 50 (n) Paladin 50 Pan Austral 50 . 25 . 10 3 -2 - - 4.0 66.6 126.6 .29 .52 .7 20 152 10 36 Panz 50 . Paynter 50 . 10 37 — . - 42 16.0 21.6 138.9 7.0 1.51 2£6 .7 14.1 195 100 PDL Holds 25 — 165 7 2 Perry Dines 50 5 — — — — 105 25 Pharmol 50 . 30 ■ — — 30 6 Platinum — 15 -1 — — —" 45 75 1 20 Premier 5 Primacq 20 3 20 - . — .. — 25.0 25.0 171.0 20.0 .05 % 2.45 ■ OR :5 5 0 5 0.5 Prime West 5 0.5 — — — 6 0.5 Prodigal 25 0.5 • — 1 — — 40 5 Producorp 50 5 — — 37.0 7.6 .47 1.90 V 21 28 360 8 200 Prorada 50 Prudential 100 . 10 . 300 +2 ■ — 190 20.0 6.7 \13.0 ’ 5.1 6.9 260 235 Radio Otago 25 ... . . 260 — — 245 40.0 3.8 19.4 1.28 250 120 Radio Pacific 25. . . . . 125 +5 — 130 41.0 8.2 14.4 .50 50 23 Rank Group 100 ... . . 50 — — — — — 11.6 10.0 65.0 2.9 50.0 72 34 Regal Salmon 25. . . . . 43 . -7 43 — ■ — 9.0 60 48 Reid Fanners 25. . . . . 48 — — 48 30.0 15.6 10.0 1.5 .38 .35 .62 .58 50 9 Renouf Corp 50 ... . 13 +4 — - — — — 110 25 30 10 Renouf Prop 50 .... Restech 50 . 35 . 20 — - 34.0 2.0 130 70 Revertex 50 . 120 — 115 — 15.0 6.2 16.1 1.73 6.1 21 2 Richmond Smart 50. . 4 +2 4 — 16.0 b — ’ — 1.68 134 76 R Jones 10 . 106 -6 105 107 50.0 4.7 26.3 1.05 3.7, 205 75 R W Saunders 50 . . . . 75 — — 60 20.0 13.3 40.4 2.90 2.4 133 80 Salmond Biolab 50 . . . 80 -10 — — 20.0 12.5 17.2 1.50 5.7 170 12 100 3 Sanford 50. . Scenic Circle 25 ... . . 165 5 -3 — — 20.0 6.0 10.6 .60 .20 9.4 90 46 Smiths City Grp 20 . . . 56 -2 56 57 12.5 4.4 4.6 .79 21.4 35 15 Somex 50 . 15 — . 13 — — — 180 85 Soundwaves 10 . 173 -2 — 180 140.0 8.0 12.6 .96 7.8 50 7 Sthn Petroleum 45. . . . 50 — — . . 50 — .29 50 22 Spectrum 25 25 -9 20 32 — . — 2.0 .32 50.0 40 8 Stars Corp 50 8 -6 — T — .1.93 135 80 Steel Tube 50 . 135 — — — 1.5 105 37 Stevens 100 . 42 -3 — — 11.0 26.1 63.3 1.54 25 8 Strada Ent 100.... . 10 -2 — — — — 120 1 Stratcap 50 4 — — 20.0 — 37.5 .01 2.6 15 2 Strathmore 40 -1 — — — • UJ 3.4 20 5 Striker Group 25. . . . 10 — — 8 — — 29.0 35 3 Summit 25 5 — — — — — — 82 40 Tag 50 . 52 +2 • — — 14.0 13.4 80.1 2.23 12 30 22 Tag Proplink 40 ... . . 22 — 20 — 7.5 116 124.5 1.08 .8 400 190 Taylors 50 . 190 — — — 27.0 7.1 23.4 2.65 4.2 25 0.5 Technicorp 25 0.5 — — . — 14.0 — .55 82 15 Terrace 50 . 21 — — — — .4 .61 60 30 Theseus Inv 50 . 60 + 12 55 — — — — .59 — 323 170 Tozer KM - . 302 -13 — 300 — — — — — 360 180 Transmark 50 . 240 — — • — 26.0 5.4 6.8 2.05 14.5 55 1 Transpac 100 4 +1 — 5 — — 2.20 50 22 Tranzequity 50 . 30 — — — 6.0 10.0 22.3 . .49 4.4 350 240 Triple M 100 . 350 — — — — — — .18 — 5 1 Triumph 4 2 —- 1 — — — — 25 10 Tulwest 10 . 10 — — — 12.0 12.0 42.0 .78 2.3 245 160 UBix Copiers 2 . . . . . 215 -3 — 120.0 1.1 30.0 .91 3.3 93 30 Utd Resources 50 . . . . 93 +3 . — — — — — .84 — 17 4 Venturecorp 50 5 — — — 4.0 40.0 — — 50 13 Vent. Pacific 50 ... . 15 — —• —*• —* — .58 24 4 Waikato Stud 25 ... . 7 — — — — — 41.4 .57 2.4 122 15 Waitaki Int 50 . 15 -5 — — 14.0 46.6 — 1.76 190 160 Waste Mngt 50 . 170 — 170 — 14.0 4.1 10.7 1.66 9.3 90 32 Wellesley 50 . 32 -8 — 33 8.0 12.5 — .78 — 230 45 Wilkins Davies 50 . . . 70 — — — 28.0 20.0 99.1 4.06 1.0 625 475 Wilson Horton 100. . . . 612 -13 — — 13.0 2.1 5.5 2.18 17.9 80 50 Wilson Neill 10 . 67 -3 66 67 60.0 8.9 20.2 .38 4.9 82 30 Woodcorp 100 35 — — — 4.0 11.4 101.7 1.43 .9 38 22 Woodstock 50 . 22 — — — — — — .35 — 130 65 Wormaid NZ 50 . . . . . 110 -5 108 115 18.0 8.1 — 2.09 — 170 75 XS Corp 100 75 — • — — 17.5 23.3 31.7 .93 3.1