N.Z. SHAREMARKET

Press, 12 August 1989, Page 34

N.Z. SHAREMARKET

THE PRESS

Friday, August 11, 1989

Mean dividend yield 6.9 per cent. Mean earnings yield 17.2 per cent. Mean P/E ratio 5.6.

Median dividend yield .0 per cent Median earnings yield 3.2 per cent. Median P/E ratio .6.

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 annua! 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.

1MI High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 8 8 Aden Corp 50 8 — — 7 — — 5.0 .74 20.0 30 26 Agland 50 . 30 +2 28' 30 — — — — — 17 13 AgricoJa 50 13 — 10 15 — — — .19 — 18 9 Ahead 50 . 15 — 12 20 — — — .54 — 1 48 30 Akron 25 48 — 44 — — — — — — 40 25 Allegra 50 . 25 — 25 27 5.0 10.C 17.6 1.29 5.6 190 150 Allflex Holds 50 . 190 +15 185 190 10.0 2.6 5.3 1.24 18.6 46 28 Amur! 50 . 42 +2 40 42 5.0 5.S 5.S .77 16.8 40 7 Angus 50 12 +5 10 — 28.0 — 156.6 .91 .6 10 2.5 Anzon 50 6 + 1 5 6 4.0 33.3 — — — 32 9 Apparel 100 . 20 — 18 20 5.0 25.0 — 1.38 — 225 80 Apple Fields 50 . 225 +13 ' 220 230 5.0 1.1 2.8 1.70 34.6 18 15 Arahi Props 50 . 15 — 15 18 4.0 13.3 98.6 .75 1.0 30 0.5 Ararimu 25 8 — 6 15 — — — — — 19 1 Argus Questar 50 .... 1 — — 2 5.0 — — — — 150 100 Arthur Barnett 50 ... . . 110 100 — 24.0 10.9 22.4 2.71 4.4 30 15 A. Barnett Props 50. . . . 15 — 12 — 2.0 6.6 8.0 .59 12.5 60 50 Ascot 50 . 53 +1 50 — — — — — — 5 2 Australis 50 2 — 2 3 — — 30.0 .50 3.3 31 10 Aw Investments 100. . . . 30 — 35 40 — — — .41 — 50 20 Baillie Mtrs 50 . 20 — 20 25 20.0 50.0 75.5 .99 1.3 102 75 Bancorp 50 . 80 — 78 85 14.0 8.7 37.5 1.29 2.6 114 75 Bank NZ 50 . 104 +4 105 106 6.0 2.8 — 1.47 — 130 80 Baycorp 25 80 -14 75 80 40.0 12.5 23.2 .42 4.3 15 9 Bexley 100 9 — — 1 — — — — — 20 8 Blandford 50 . 15 — 15 16 —• — — .31 — 180 140 BNZ Finance 25 . 168 -2 165 172 30.0 4.4 4.7 .93 21.0 20 1 Bowen 50 2 — 2 3 15.0 — — .52 — 55 25 Bridgecorp 25 25 — 5 21 — — — .05 — 235 130 Brierley 50 . 226 +8 225 226 20.0 4.4 7.6 1.30 13.0 90 45 Broadway 50 . 90 +10 90 950 7.0 3.8 7.1 1.19 14.0 145 115 Canty Roll Flour 100. . . 125 — 120 140 6.0 4.8 12.2 1.19 8.1 10 2 Capcorp 50 2 — — — — — — — — 180 104 Cap Markets 25 . 172 +6 171 173 50.0 7.2 15.6 .93 6.3 18 5 Caprana 50 5 — — 12 — — — . — — 60 15 Carborundum 50 . 17 +2 20 50 12.0 35.2 20.0 1.11 5.0 100 75 Cardrona 100 75 -3 75 — 12.0 16.0 52.8 1.50 1.8 252 100 Carr Bus 50 . 115 — 90 130 12.6 5.4 9.3 1.25 10.6 307 193 Carter Holt 50 . 296 -4 296 296 28.0 4.7 10.0 2.11 9.9 2 2 Cashcorp 50 2 — — 3 — — — — — 180 80 Cavalier 50 . 183 +13 180 185 11.0 3.0 5.4 1.26 18.3 217 118 Ceramco 50 . 208 -2 208 210 32.0 7.6 13.4 1.10 7.4 35 9 Ceres Pac 100 14 — — — — —’ — — — 10 5 Chambard 20 . 10 — — 2 — — 9.0 .39 11.1 112 3.5 Chase 20 4.5 -0.5 4 4 50.0 — — 1.89 .1 45 34 City Realties 50 . 38 +1 37 40 4.0 5.2 42.1 .75 2.3 10 8 Clearwood 50 10 — 2 12 — — — — — 170 135 Colonial Motor 50 ... . . 135 — 135 145 22.0 8.1 12.5 1.44 7.9 38 1 Comm Securities 50. . . 4 — 2 4 6.0 75.0 175.0 2.08 .5 0.5 0.5 Como 10 0.5 — — 0.5 — — — .10 — 40 20 Compass Duty 50 .... . 20 — 1 10 — — — — — 15 15 Coronet 25 15 — — — — — 19.3 .40 5.1 47 25 Coronet F.E. 25 47 +10 45 55 — — — .45 — 230 157 Corp Inv 20 . 230 +10 230 231 40.0 3.4 12.0 1.17 8.3 262 200 Countrywide 50 262 +9 262 265 8.0 1.5 9.7 1.90 10.2 5 5 Crowe Corp 10 5 — — 13 — — — .09 — 12 6 Cruise 50 6 — 8 — . — — — — — 8 5 Cue Energy 25 5 — 5 6 8.0 40.0 52.0 .25 1.9 95 80 Damba 100 90 — — — — — — — — 111 100 Datamatic 50 105 — 40 50 — — — — — 20 12 DeRedcliffe 50 15 — 12 18 — — — — — 175 130 Donaghys 50 175 — 170 176 23.0 6.5 6.4 1.76 15.4 85 60 Dunbar Sloane 100 ... 85 +5 85 90 — — — — — 40 20 East Equities 50 40 — 38 — — — — .82 — 230 215 Ebos 50 215 — 215 250 20.0 4.6 5.1 2.27 19.5 359 296 Elders NZFP 50 359 +7 358 359 32.0 4.4 5.4 3.16 18.3 40 12 Empac Holds 50 17 — 15 30 19.0 55.8 111.1 2.17 .8 48 1 Environ 20 1 — 0.5 1 — — — — — 5 1 Enzedtech 50 (n) .... 1 — 1 3 — — — — —- 292 210 Ernest Adams 25 285 +15 280. — 26.0 2.2 7.1 1.16 13.9 33 28 Euro-Nat 25 30 — 30 32 13.0 c 10.8 89.0 2.36 1.1 415 340 Europac 200 (n) 340 — 240 330 — — — — — 18 5 Excell Corp 50 5 — 2 10 — — 48.0 .52 2.0 590 378 Fernz Corp 100 590 +50 590 595 18.0 3.0 3.5 2.49 28.0 13 42 Fin and Res 50 3 — 6 — — — — — — 320 270 Firestone NZ 100 .... 290 +20 | 275 310 19.5 6.7 10.8 4.00 9.1 75 60 First City 100 60 60 68 10.0 16.6 27.6 1.24 3.6

1»89 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 500 340 Fisher Paykel 50. . . . . . 500 +20 496 500 32.0 3.1 4/ 2.2 21J 540 446 Fletcher Chai 50. . . . . . 505 +6 505 503 50.0 4.S 11/ 3.1S 8.5 81 81 Foveaux Radio 100 . . . . 81 — 120 170 — 6 3 Fullers 50 3 — 2 3 — 30 18 Further 25 . 30 +6 30 34 — .53 - 32 18 Gen Props 50 . 20 — 20 22 10.0 25.1 96.( 1.56 Lt 10 2 Genestock 50 . 10 +2 8 10 — .24 - 24 7 Girvan 50 16 +4 15 16 7.0 21.1 16.2 .35 6.1 8 2 Goldcorp 50. ..... . 3 — 1 2 — 7 5 Gold Res 25 5 — 5 5 — 26.0 .26 3.8 322 243 Goodman 50 . 309 +4 309 310 19.5 3.1 7.1 1.13 13.9 35 20 Grocorp 50 . 35 — 35 40 — .48 58 30 Wallenstein 25 . 48 -2 47 50 14.0 7.2 12.7 .43 7.8 12 2 Hamelyn 20 5 — 5 6 — 36.0 .47 2.7 32 20 Harcourts 50 . 26 +1 27 — — .51 130 52 HB Trans Holds 100. . . 68 — — — 20.0 29.4 63.2 3.68 1.5 47 30 Helicopter 40 . 47 — 40 45 — — 30 13 Heritage 50 13 — 10 — — — — .53 — 25 3 Holdcorp 50 5 — 7 ■ — — — — — — 40 15 Homer Greenlees 25 . . 15 — I 5 6.0 10.0 17.3 .35 5.7 300 25 ICI NZ 50 . 300 — 300 310 32.0 5.3 1.3 2.70 75.0 524 360 Ind Newspapers 50 . . . 524 +24 524 525 25.0 2.1 5.0 3.34 20.0 335 195 IEP 100 . 327 -3 327 328 20.0 6.1 3.2 1.36 30.8 2 0.5 Invest Fin 50 0.5 — 1 1 14.0 — — .94 72 50 Jarden 1 . 65 +11 64 65 500.0 7.6 12.9 .84 7.7 320 295 Jarden Euro 200 (n) . . 295 — 300 400 — — — 50 30 Kale Cap 100 40 +5 36 — — — — — — 100 100 Kearns 100 . 100 — — 50 10.0 10.0 11.8 1.66 8.4 35 22 Kenwood 25 . 33 — 25 33 6.0 4.5 7.8 .73 12.6 30 19 Kingsgate 50 . 19 -1 19 20 — — .87 30 30 Kiwi Gold 25 . 30 — 3 — — . — .29 15 3 Kiwi Oil 25 3 — 5 8 — — — 25 16 Kupe 50 . 21 +4 22 24 — — .74 — 6 5 Lakeland 50 5 — — — 4.0 40.0 — 14 2 Landmark 25 3 +1 3 4 10.0 83.3 — .60 — 177 106 LWR Inds 25 . 175 +3 172 176 40.0 5.7 2.7 1.81 36.4 28 13 Lasercorp 50 . 23 +3 22 23 2.5 5.4 12.1 .51 8.2 40 40 Laurenson 50 . 40 — — — — — — 1.02 24 15 Lectrica 50 17 — 14 17 3.0 8.8 — .51 — 6 1 Leisure Lea 10 2 — 2 3 — — — .15 — 9 3 Leyland 50 3 — — 3 20.0 — 50.0 .45 2.0 70 45 L M Min 50 45 — ' 46 — 16.0 17.7 14.0 .89 7.1 448 258 Lion Nathan 25 . 432 +20 432 432 48.0 2.7 6.8 1.89 14.5 18 6 London Pac 10 18 +5 17 18 20.0 11.1 28.3 .28 3.5 ■20 3 Madison 20 3 — — 4 — 442 285 Magnum 50 . 342 -18 338 340 33.0 4.8 7.5 4.08 13.2 50 30 Mainzeal Group 50 . . . . 50 +6 52 — 16.0 16.0 — .85 — 100 70 Mainzeal Prop 100. . . . 92 -1 92 100 3.0 3.2 5.1 1.38 19.5 255 180 Mair 50 . 195 -15 195 195 30.0 7.6 12.6 2.17 7.8 13 5 Max Res 25 5 — 3 5 — — — 15 8 Maxwell 50 . 15 — 5 — — — — 35 13 Mayfair 100 . 15 — 5 10 5.0 33.3 20.6 1.36 4.8 45 10 McConnell 50 (p) . . . . . 32 +5 30 32 9.0 14.0 — .72 8 2 Merchant Capital 50. . . 2 — 5 — __ — .79 .2 113 75 Michael Hill 20 . 113 +21 110 115 8.5 1.5 3.8 .37 25.6 320 180 Milburn 100 . 300 +35 300 310 15.0 5.0 8.3 3.63 12.0 65 49 Min Resces 20 51 -3 51 52 — .30 1 1 Mirage 25 1 — — 0.5 — — — 16 9 Motor Holds 50 . 16 — 16 — — — .66 285 135 Mt Cook Group 100 . . . . 267 +5 267 300 18.0 6.7 12.4 3.69 8.0 55 25 Mut. Pac 50 . 55 — 45 60 10.0 9.0 16.5 .55 6.0 170 115 Newmans 50 . 170 +5 165 180 23.0 6.7 9.2 1.47 10.8 55 20 NZ Equities 50 . 29 -1 30 — 28.0 48.2 162.0 .68 .6 20 10 NZ Gold Fields 20. . . . . 10 — 8 20 — — 7.0 1.02 14.2 64 42 NZI Corp 50 . 64 +1 63 65 10.0 7.8 .54 110 92 NZ Leathers 50 . 95 +3 90 100 15.0 7.8 9.1 1.42 10.9 94 68 NZ Oil, Gas 50 . 84 -3 84 85 — — 19.5 .62 5.1 140 65 NZ Petroleum 25 .... . 140 — 130 140 — — — .54 440 295 NZ Refining 100 . 410 — 380 410 21.0 5.1 10.1 4.39 9.8 41 25 NZ Salmon 25 . 38 -2 38 40 — — — 1.40 95 60 NZ Skifields 100 95 — 70 80 2.0 2.1 2.8 1.22 35.1 90 90 Normedia 50 90 — 20 80 — 1.1 .42 90.0 300 250 Nuhaka 100 280 — 260 — — — 5.51 — 52 50 Opio Forestry 100. .. . 52 — 30 70 — — — 1.08 — 15 7 Otago PP 100 15 — 2 — — — — — — 80 52 Owens Group 10 77 +7 70 72 90.0 11.6 — .81 — 48 4 Pacer Kerridge 50 . . . 8 +1 7 8 40.0 — 146.2 .96 .6

1989 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 90 62 Pac Assets 100 (p) . . . . 80 — 77 — — — — — — 23 10 Paladin 50 19 — — 21 — — — ■ .29 — 5 1 Pan Austral 50 2 — 0.5 — 4.0 — 190.0 .52 .5 10 0.5 Panz 50 1 — — — — — — — — 50 30 Paynter 50 . 32 +2 30 35 16.0 25.0 160.6 1.51 .6 180 135 PDL Holds 25 . .. 180 +25 180 190 — — 6.5 2.66 15.3 6 3 Perry Dines 50 4 +1 3 5 — — — — — 30 30 Pharmol 50 . . 30 — — — — — — — — 16 4 Platinum 50 5 — 3 6 — — — .35 — 3 2 Premier 5 2 — — 2 — — — .05 30 10 Primacq 20 . 14 -1 10 14 25.0 35.7 — 2.45 .4 0.5 0.5 Prime West 5 0.5 0.5 1 — — 20.0 .08 5.0 3 0.5 Prodigal 5 2.5 -0.5 3 3 — — — — — 5 5 Producorp 50 5 — — — —• — — 260 200 Radio Otago 25 .... . 210 + 10 200 220 40.0 4.7 24.0 1.28 4.1 125 90 Radio Pacific 25 ... . . 90 — 50 80 41.0 11.3 20.0 .50 5.0 80 30 Rank Group 100 ... . . 80 +5 78 90 — — — — — 79 40 Regal Salmon 25. . . . . 79 +7 80 85 — — 20.7 1.48, 4.8 90 45 Reid Farmers 25. . . . . 90 +20 85 90 30.0 8.3 5.3 .38 18.7 20 4 Renouf Corp 50 .... 5 +1 5 7 — — 4.0 .35 25.0 43 18 Renouf Prop 50 ... . . 23 +1 23 28 — — 51.7 .62 1.9 20 10 Rested! 50 . 11 — 4 10 — — 3.6 .58 27.5 135 110 Revertex 50 . 142 — 155 165 15.0 5.2 13.6 1.73 7.3 14 1 Richmond Smart 50. . 2 — — 1 16.0 b — — 1.68 — 118 88 R Jones 10 . 117 +17 117 117 70.0 5.9 43.9 1.52 2.2 75 75 R W Saunders 50 . . . . 75 — — 5 20.0 13.3 40.4 2.90 2.4 118 63 Salmond Biolab 50 . . . 116 +1 115 118 20.0 8.6 11.8 1.50 8.4 180 130 Sanford 50 . 175 +20 170 175 20.0 5.7 10.0 .60 10.0 10 5 Scenic Circle 25 ... . 6 — 6 9 — — — .20 — 70 46 Smiths City Grp 20 . . 70 +7 70 70 12.5 3.5 — .79 — 20 10 Somex 50 . 10 — 10 13 —* — 7.0 — 14.2 60 36 Sthn Petroleum 45. . . . 45 +2 44 45 — — — .29 — 37 18 Spectrum 25 21 -4 21 22 — — 2.3 .32 42.0 15 7 Stars Corp 50 7 — 3 5 — — — — — 165 120 Steel Tube 50 . 155 -5 155 160 — — — 1.93 — 45 25 Stevens 100 . 30 +5 25 35 11.0 36.6 88.6 1.54 1.1 30 10 Strada Ent 100 . 30 +5 28 — — — — — — 12 3 Stratcap 50 12 — 12 15 20.0 83.3 12.5 .01 8.0 9 3 Strathmore 40 3 — 3 5 — — — .05 — 10 2 Striker Group 25. . . . 2 — — 2 — — 145.0 — .6 7 5 Summit 25 7 — 1 3 —- — —- — 51 27 Tag 50 . 35 -3 32 40 14.0 20.0 119.1 2.23 .8 16 Tag Proplink 40 ... . 16 — 12 16 7.5 18.7 171.2 1.08 .5 210 200 Taylors 50 . 190 +5 172 210 27.0 7.1 23.4 2.65 4.2 3 0.5 Technicorp 25 0.5 — — — 14.0 — — .55 — 25 6 Terrace 50 . 10 — 6 — — — — .49 — 63 30 Theseus Inv 50 . 30 -4 28 33 — — — .59 — 365 273 Tozer KM - . 325 -25 320 325 — — — — — 240 160 Transmark 50 . 215 +25 210 220 40.0 9.3 13.5 1.64 7.3 35 20 Tranzequity 50 . 20 — 11 25 6.0 15.0 33.5 .49 2.9 3 0.5 Triumph 4 1 — 1 3 — — — — — 10 5 Tulwest 10 6 — 6 7 — — — .18 — 230 170 UBix Copiers 2 . . . . . 220 — 215 220 120.0 1.0 29.4 .91 3.4 93 70 Utd Resources 50 . . . . 75 +2 75 — — — —• .84 — 7 2 Venturecorp 50 2 — 2 3 4.0 — — — 17 12 Vent. Pacific 50 ... . 15 — 10 15 — — — .58 — 13 4 Waikato Stud’ 25 ... . . 14 +1 14 — — — 20.7 .57 4.8 49 12 Waitaki Int 50 47 +2 46 50 — — — 1.01 — 250 170 Waste Mngt 50 . 250 + 10 230 — 16.0 3.2 6.2 1.75 16.1 41 24 Wellesley 50 . 30 +5 30 32 8.0 13.3 — .78 — 75 17 Wilkins Davies 50 . . . 30 — 25 30 28.0 46.6 — 4.06 .4 800 555 Wilson Horton 100. . . . 795 -5 790 795 18.0 2.2 5.0 2.47 19.7 81 59 Wilson Neill 10 . 67 -4 67 68 60.0 8.9 16.4 .48 6.0 40 18 Woodcorp 100 . 26 — 15 30 4.0 15.3 136.9 1.43 .7 22 5 Woodstock 50 . 10 — — — — — — .35 — 80 75 XS Corn 100 . 75 — 5 75 17.5 23.3 31.7 .93 3.1