THE PRESS N.Z. SHAREMARKET

Press, 14 October 1989, Page 38

THE PRESS N.Z. SHAREMARKET

Friday, October 13, 1989

Mean dividend yield 6.6 per cent. Median dividend yield .0 per cent. Mean earnings yield 13.5 per cent. Median earnings yield .4 per cent. Mean P/E ratio 5.6. Median P/E ratio .1.

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. q, in H.K. currency. r, in Sterling (pence).

1989 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 32 26 Agland 50 32 — 32 35 — — — — — 17 10 Agricola 50 13 — 7 — — — — .19 — 23 9 Ahead 50 . 23 — 25 27 — — .50 — 40 23 Allegra 50 . 25 — 25 28 5.0 10.0 17.6 1.29 5.6 222 150 Allflex Holds 50 ... . . 195 -5 195 198 10.0 2.5 5.2 1.24 19.1 46 28 Amuri 50 40 — 38 40 5.0 6.2 6.2 .77 16.0 40 7 Angus 50 15 — 15 — 28.0 93.3 125.3 .91 .7 10 2.5 Anzon 50 5 -2 3 5 4.0 40.0 — — — 32 9 Apparel 100 18 — 17 20 5.0 27.7 — 1.38 — 225 80 Apple Fields 50 . 165 +5 160 165 5.0 1.5 3.9 1.70 25.3 18 15 Arahi Props 50 15 — — 15 4.0 13.3 98.6 .75 1.0 30 . 0.5 Ararimu 25 8 — — 15 — — — — — 19 1 Argus Questar 50 1 — — — 5.0 — — — — 150 100 Arthur Barnett 50 . . . . 145 — 145 — 24.0 8.2 17.0 2.71 5.8 30 15 A. Barnett Props 50. . . 15 — 15 — 2.0 6.6 8.0 .59 12.5 80 50 Ascot 50 . 80 — 75 85 — — — — — 5 2 • Australis 50 3 — 3 — — — 20.0 .50 5.0 35 10 Aw Investments 100. . 30 — 25 30 — — — .41 — 50 20 Baillie Mtrs 50 . 20 — 15 22 20.0 50.0 75.5 .99 1.3 102 75 Bancorp 50 82 -2 50 85 14.0 8.5 36.5 1.29 2.7 135 75 Bank NZ 50 . 114 -3 112 114 6.0 2.6 — 1.47 — 130 58 Baycorp 25 . 65 -5 65 68 40.0 15.3 28.6 .42 3.4 15 9 Bexley 100 9 — — 1 — — — — — 25 8 Blandford 50 . 20 -2 18 20 — — — .31 — 185 140 BNZ Finance 25 . 182 -3 180 182 30.0 4.1 4.3 .93 22.7 20 1 Bowen 50 2 — 1 3 15.0 — — .52 — 55 15 Bridgecorp 25 . 17 — ■ 20 — — — — .05 — 238 112 Brierley 50 . 223 -7 222 223 20.0 4.4 7:o 1.19 14.2 130 45 Broadway 50 . 130 — 130 132 8.0 3.0 7.3 1.25 13.5 145 115 Canty Roll Flour 100 . . 135 —- — 150 6.0 4.4 11.3 1.19 8.8 232 97 Cap Markets 25 . 187 -7 187 188 50.0 6.6 12.6 1.09 7.9 18 4 Caprana 50 . 4 — — 4 — — — — — 60 15 Carborundum 50 . 43 -2 40 47 — — —• .54 — 100 60 Cardrona 100 . 70 + 10 65 — 12.0 17.1 56.5 1.50 i.7 252 100 Carr Bus 50 . 110 -2 100 110 12.6 5.7 9.8 1.25 10.1 328 193 Carter Holt 50 ..... . . 310 -14 312 311 28.0 4.5 9.6 2.11 10.4 2 2 Cashcorp 50 2 — — 3 — — — — — 262 80 Cavalier 50 (g) . 245 +2 243 245 24.0 4.8 11.3 1.24 8.8 248 118 Ceramco 50 . 238 -2 236 238 32.0 6.7 11.7 1.10 8.5 35 9 Ceres Pac 100 . 14 — 15 20 — — — — — 10 0.5 Chambard 20 1 — 0.5 — — — 90.0 .39 1.1 112 3.5 Chase 20 4.5 -0.5 4 5 50.0 — — 1.89 .1 48 34 City Realties 50 . 48 +3 45 46 4.0 4.1 33.3 .75 3.0 10 8 Clearwood 50 10 — 2 8 — — — — — 180 135 Colonial Motor 50 ... . . 180 — 175 185 22.0 6.1 9.3 1.44 10.6 38 1 Comm Securities 50. . . 3 — 2 4 6.0 — — 2.08 .4 0.5 0.5 Como 10 0.5 — — .1 — — — .10 — 10 7 Compass Duty 50 . . . . 10 — 3 10 — — — — — 4 0.5 Cons. Hardwood 25 . . . 3 -1 .2 — — — — — — 55 25 Coronet F.E. 25 . 55 +5 53 55 — — — .45 — 298 157 Corp Inv 20 . 260 -5 260 261 40.0 3.0 10.6 1.17 9.4 350 200 Countrywide 50 . 332 +2 332 332 8.0 1.2 7.6 1.90 13.0 5 5 Crowe Corp 10 5 — — 13 — — — .09 — 12 6 Cruise 50 6 — 6 — — — — .19 •— 8 5 Cue Energy 25 7 — 6 7 8.0 28.5 37.1 .25 2.6 95 80 Damba 100 . 90 — 50 100 — — — — — 111 100 Datamatic 50 . 105 — 40 — — — — — 20 12 DeRedcliffe 50 . 16 — 16 22 — — — — — 225 130 Donaghys 50 . 207 — 206 207 23.0 5.5 6.6 1.71 15.1 95 60 Dunbar Sloane 100 . . . . 90 -3 90 93 — — — — — 58 20 East Equities 50 . 54 — 50 55 — — — .82 — 230 215 Ebos 50 . 215 — 210 — 20.0 4.6 5.1 2.27 19.5 387 296 Elders NZFP 50 . 335 -21 333 334 32.0 4.7 5.8 3.16 17.0 40 12 Empac Holds 50 . 17 — 15 . — 19.0 55.8 111.1 2.17 .8 48 1 Environ 20 1 — 1 — — — — — — 5 1 Enzedtech 50 (n) . . . . 2 — 1 3 — — — — — 350 210 Ernest Adams 25 . 330 +5 — 335 26.0 1.9 6.2 1.16 16.0 47 28 Euro-Nat 25 . 38 -2 38 40 — — — — — 415 340 Europac 200 (n) . 340 -40 305 350 — — — — — 18 5 Excell Corp 50 5 — — — — — 48.0 .52 2.0 726 378 Fernz Corp 100 . 725 +13 720 725 22.0 3.0 5.4 2.45 18.4 13 3 Fin and Res 50 6 — 6 10 — — — — — 325 270 Firestone NZ 100 . . . . . 310 — 285 315 19.5 6.2 10.1 4.00 9.8 75 55 First City 100 . 55 -5 55 — 10.0 18.1 30.1 1.24 3.3 552 340 Fisher Paykel 50 . 546 +14 546 547 32.0 2.9 4.3 2.21 22.9

1989 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 528 428 Fletcher Chai 50 (g) . . 488 -20 487 488 54.0 5.5 10.6 3.80 9.3 121 61 Foveaux Radio 100 . . . 120 — 110 — — — — — — 6 3 Fullers 50 3 — — 2 — — — — — 30 18 Further 25 . 25 — 22 25 — — .4 .55 — 32 18 Gen Props 50 . 18 — 20 25 10.0 27.7 106.6 1.56 .9 12 2 Genestock 50 10 — 10 13 — — — .24 — 24 7 Girvan 50 12 — 12 13 7.0 29.1 21.6 .35 4.6 8 2 Goldcorp 50 2 — — 3 — — — — — 7 5 Gold Res 25 5.5 — 4 5 — — 23.6 .26 4.2 322 243 Goodman 50 . 270 -10 270 271 19.5 3.6 8.2 1.13 12.1 36 20 Grocorp 50 . 33 — 35 — — — — .48 — 63 30 Hallenstein 25 52 -3 54 58 14.0 6.7 11.7 .43 8.5 12 2 Hamelyn 20 6 — 6 10 — — 30.0 .47 3.3 37 20 Harcourts 50 35 — 32 35 — — — .51 — 72 30 Helicopter 40 67 +1 60 65 — — — — — 30 13 Heritage 50 13 — 20 30 — — — .53 — 25 3 Holdcorp 50 5 — 5 7 — — — — — 40 15 Horner Greenlees 25 . 15 — 1 2 6.0 10.0 17.3 .35 5.7 600 360 Ind Newspapers 50 . . . 600 +20 590 600 31.0 2.5 5.2 4.17 19.0 370 195 IEP 100 (q) . 339 -10 338 340 20.0 5.8 3.1 1.36 31.9 2 0.5 Invest Fin 50 0.5 — — 1 14.0 — — .94 — 72 50 Jarden 10 . 62 +1 63 65 50.0 8.0 1.2 .84 77.5 330 295 Jarden Euro 200 (n) . . 330 —- 330 340 — — — — — 50 30 Kale Cap 100 . 45 — 44 45 — — — — — 100 100 Kearns 100 . 100 — 0.5 50 10.0 10.0 11.8 1.66 8.4 35 22 Kenwood 25 28 — 28 — 6.0 5.3 9.2 .73 10.7 30 12 Kingsgate 50 12 — 12 14 — — — .87 — 30 30 Kiwi Gold 25 . 30 — 5 — — — — .29 — 15 3 Kiwi Oil 25 4 — 3 9 • — — — — — 40 16 Kupe 50 . 31 -4 31 32 — — — .74 — 6 5 Lakeland 50 5 — — 10 4.0 40.0 — — ■ — 14 1.5 Landmark 25 4.5 -0.5 3 5 10.0 55.5 — .60 — 195 106 LWR Inds 25 . 178 — 175 — • 40.0 5.6 .7 1.83 — 42 13 Lasercorp 50 . 30 -6 30 33 — — — .48 — 40 40 Laurenson 50 . 40 — — — — — — 1.02 — 24 15 Lectrica 50 . 18 — 20 22 3.0 8.3 — .52 — 6 1 Leisure Lea 10 2 — 2 3 — — — .15 — 9 3 Leyland 50 3 — — 1 20.0 — 50.0 .45 2.0 70 38 L M Min 50 . 50 +8 48 60 16.0 16.0 12.6 .89 7.9 452 258 Lion Nathan 25 . 413 -4 413 415 48.0 2.9 7.1 1.89 13.9 19 6 London Pac 10 . 16 — 15 16 20.0 12.5 31.8 .28 3.1 20 2 Madison 20 5.5 +0.5 5 6 — — — — — 442 285 Magnum 50 . 330 — 330 332 33.0 5.0 7.8 4.08 12.7 60 30 Mainzeal Group 50 . . . . 53 — 52 53 16.0 15.0 — .85 — 108 70 Mainzeal Prop 100. .. . . 100 -2 100 101 3.0 3.0 4.7 1.38 21.2 255 165 Mair 50 . 182 — 180 183 30.0 8.2 13.5 2.17 7.3 13 5 Max Res 25 5 — 2 10 — — — — — 15 8 Maxwell 50 15 — 13 — — — — — — 35 5 Mayfair 100 15 — 12 19 5.0 33.3 20.6 1.36 4.8 45 10 McConnell 50 (p) . . . . 28 -2 26 28 9.0 16.0 — .72 — 8 2 Merchant Capital 50. . . 2 — — — — — — .79 ' .2 159 68 Michael Hill 20 (d) . . . , 155 +10 150 — 17.5 2.2 6.3 .38 15.6 330 180 Milburn 100 (g) f . . 325 4-11 320 325 15.0 4.6 7.6 3.63 13.0 65 49 Min Resces 20 . ; . . . . ; 57 +1 57 58 .30 1 1 Mirage 25 1 — — 1 — — — — — 16 9 Motor Holds 50 16 — 28 40 — — — .66 — 330 135 Mt Cook Group 100. . . . 325 -5 325 330 18.0 5.5 10.2 3.69 9.7 60 25 Mut. Pac 50 . 60 — — 70 10.0 8.3 15.1 .55 6.5 55 20 NZ Equities 50 . 36 +2 36 40 28.0 38.8 130.5 .68 .7 20 5 NZ Gold Fields 20. . . . 20 — — 25 — — 3.5 1.02 28.5 155 92 NZ Leathers 50 . 140 -10 130 150 15.0 5.3 6.2 1.42 16.0 94 68 NZ Oil, Gas 50 78 -2 77 79 — — 21.0 .62 4.7 140 65 NZ Petroleum 25 . . . . . 92 — 85 100 — — — .06 — 440 295 NZ Refining 100 . 385 + 10 380 385 21.0 5.4 10.8 4.39 9.2 72 25 NZ Salmon 25 . 55 — 55 57 — — — 1.40 — 95 60 NZ Skifields 100 . 60 — 40 70 2.0 3.3 4.5 1.22 22.2 90 90 Normedia 50 90 — 20 50 — — 1.1 .42 90.0 300 250 Nuhaka 100 . 280 — 272 295 — — — 6.06 — 52 50 Opio Forestry 100 ... . . 52 — 45 70 — — — 1.08 — 15 7 Otago PP 100 . 15 — — 15 — — — — — 84 52 Owens Group 10 . 75 — 75 77 90.0 12.0 — .81 — 48 4 Pacer Kerridge 50. . . . 8 -1 8 9 40.0 — 146.2 .96 .6 23 10 Paladin 50 (q) 16 — 16 16 — — — .29 — 5 1 Pan Austral 50 1.5 — 2 3 4.0 — — .52 .3 10 0.5 Panz 50 1 — • 1 — — — — — — 50 30 Pavnter 50 . 43 +1 42 - 16.0 18.6 119.5 1.51 .8

1989 High Low Share, Par Last Sale Change Week Quotations Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 252 135 PDL Holds 25 . . 230 +10 220 230 45.0 4.8 10.7 2.90 9.2 8 3 Perry Dines 50 8 +1 8 8 — ■ — 30 30 Pharmol 50 . . 30 — 4 10 — — .35 .05 16 3 Platinum 50 4 — — 5 — — 3 1 Premier 5 1 — 1 — — — — 30 4 Primacq 20 6 — 6 10 25.0 83.3 10.0 2.45 .08 10 0 1 0.5 Prime West 5 1 — — 1 5 5 Producorp 50 5 — — — — .49 9.49 25 6 Prop Holdings 20 . . . 13 — — 10 22.4 4.4 3.8 260 200 Radio Otago 25 . . 225 — 225 — 40.0 4.4 125 55 Radio Pacific 25... . . . 70 — 70 100 41.0 14.6 25.7 .50 92 30 Rank Group 100 ... . . . 90 — 80 90 — — 1.48 .42 .35 .62 .58 7.1 11.8 55.0 3.0 25.0 123 40 Regal Salmon 25. . . . . . 118 +8 117 120 — — 13.8 110 45 Reid Farmers 25. . . . . . 82 -3 80 85 12.5 3.8 8.4 1.8 33.0 4.0 20 45 4 18 Renouf Corp 50 .... Renouf Prop 50 ... . 11 36 -2 12 40 12 50 - - 20 10 Restech 50 . . 10 — •— — — — 205 110 Revertex 50 . . 205 +5 200 210 15.0 3.6 9.4 1.73 10.5 150 88 R Jones 10 . . 127 -10 127 126 70.0 5.5 40.4 1.52 2.4 75 2 R W Saunders 50 . . . 2 — 1 — 20.0 — 2.90 132 63 Salmond Biolab 50. . . . . 115 -5 110 115 10.0 4.3 5.8 1.42 17.1 12.0 215 130 Sanford 50 . . 210 +2 210 212 20.0 4.7 8.3 .60 .20 .72 10 5 Scenic Circle 25 ... . 6 — — — — — 70 46 Smiths City Grp 20 . . . . 61 -1 60 61 — — 7.0 14.2 20 10 Somex 50 10 — 8 — — — 60 36 Sthn Petroleum 45. . . . . 40 — 34 36 — — .29 .32 34.0 37 17 Spectrum 25 17 -1 14 18 — — 2.9 15 3 Stars Corp 50 3 — 1 5 — — 177 120 Steel Tube 50 . . 143 +1 146 147 50.0 17.4 — 1.56 45 25 Stevens 100 . . 33 -2 32 39 11.0 33.3 80.6 1.54 1.2 37 10 Strada Ent 100 . . 36 — 36 37 20.0' — — 19 3 Stratcap 50 8 -4 8 10 — 18.7 .01 5.3 9 3 Strathmore 40 6 — 5 6 — — .05 .3 10 1 Striker Group 25... . 1 — 0.5 .2 — — — 7 1 Summit 25 3 — 2 6 — 26 22 Tag Pacific 20 (p). . . . 24 — 22 50 5.0 b 4.1 — — 240 200 Taylors 50 . 240 — 240 260 16.0 3.3 — 2.71 — 3 0.5 Technicorp 25 0.5 — — 1 14.0 — — .55 .59 63 20 Theseus Inv 50 . 27 — 26 28 — — — 365 273 Tozer KM 20 (r). . . . . 340 -5 340 342 — — — — 255 160 Transmark 50 . 238 — 235 240 40.0 8.4 12.2 1.64 8.1 35 20 TranzEquity 50 . 20 — 8 — 6.0 15.0 33.5 .49 .02 2.9 5 0.5 Triumph 4 5 — 5 6 — — 10 5 Tulwest 10 10 — 7 8 — — .18 270 170 U-Bix B.M. 2 . 235 + 10 230 240 120.0 1.0 27.5 .91 3.6 93 70 Utd Resources 50 . . . . 90 -2 90 92 — — — .84 — 7 2 Venturecorp 50 3 — 2 6 4.0 66.6 — 17 12 Vent. Pacific 50 ... . . 15 — — 15 — — — .58 20 4 Waikato Stud 25 ... . . 15 — 15 15 — — 19.3 .57 5.1 60 12 Waitaki Int 50 . 43 -2 40 43 • — — — 1.01 — 310 170 Waste Mngt 50 . 310 +5 300 325 16.0 2.5 5.0 1.75 20.0 45 24 Wellesley 50 . 40 -1 41 44 8.0 10.0 — . 78 75 17 Wilkins Davies 50 . . . . 40 — 41 55 28.0 35.0 173.5 4.06 .5 865 555 Wilson Horton 100. . . . 810 -5 812 810 18.0 2.2 4.9 2.47 20.1 81 59 Wilson Neill 10 . 71 +1 u 72 60.0 8.4 15.4 .48 6.4 40 18 Woodcorp 100 . 18 — — 20 4.0 22.2 197.7 1.43 .5 22 5 Woodstock 50 . 10 — — . 7 — • — — .35 — 80 75 XS Corp 100 . 75 — — 200 17.5 23.3 31.7 .93 3.1