N.Z. SHAREMARKET

Press, 5 February 1986, Page 37

N.Z. SHAREMARKET

Mtean dividend yield 4.1 per cent. Mean earnings yield 9.3 per cent. Mean P/E ratio 10.0.

Median 1 dividend' yield’ 3.9 pdr cent/ Median earnings yield 9.0 per cent. Median P/E ratio 7.0.

Table shows last sale price as advised by the stock exchange; quotations are from the Cbristchurchetch^ge. P 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. k dividend is 28%, but shares are only paid up to 25c.

b, dividend forecast d, profit adjusted to annual basis. f, no allowance for exchange difference. h, capital reconstruction.

1985/86 High Low Last Share, Par Sale Change Week Quotations Buy Sell Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio 1985/86 High Low Last Share, Par Sale Change Week Quotations Buy Sell Div. % Div. Yield Earn. Yield Asset Bkg P/E Ratio 280 130 132 88 235 170 290 179 160 75 330 200 208 125 235 140 216 41 67 41 260 160 165 100 278 200 420 150 205 152 65 - 330 250 310 260 152 80 140 120 285 235 310 215 330 265 250 190 46 32 275 70 230 180 340 203 225 165 315 200 115 50 300 60 350 215 68 40 100 60 23 12 744 279 260 245 386 256 430 430 132 100 135 100 105 75 325 196 240 120 510 280 140 110 118 66 600 172 316 200 80 54 57 31 56 27 18 3 360 250 305 190 82 49 55 18 240 150 310 175 28 9 62 40 310 148 280 110 410 330 203 125 28 8 165 120 325 250 350 140 210 160 185 115 130 90 235 163 335 230 291 195 205 120 383 103 545 420 465 194 164 127 307 204 263 220 240 190 137 92 390 228 360 315 65 30 290 165 135 95 Abacus 50 260 AIC Finance 50 95 Ajax McPhersons 50. . . . 210 Alcan NZ 50 220 Allegra 50 90 Allflex Holds 50 280 Alliance 25 .- 126 A M Bisley 50 160 Andas Group 50 48 Angora 40 55 Angus 50 165 Anzon 50 145 ANZ Bank NZ 50 225 Apex 50 335 Apparel 50 158 Arahi Props 50 65 Arnold Wright 50 310 Arthur Barnett 50 305 Arthur Ellis 100 90 Ashby Bergh 25 135 AB Cables 50 245 Astec 100 225 Auckland Gas 50 330 Aurora Group 25 240 Aust Breed 40 32 Autocrat Sanyo 100 ... . 115 Baillie Mtrs 50 215 Baker Group 50 295 BNZ Finance 25 225 Barclay NZ 20 220 Batley 100 65 Betacorp 50 . 260 Bendon Inds 25 345 Big Apple 50 68 Blandford 50 60 Bridgevale 25 '. 13 Brierley 50 705 Brother 50 260 CPD 100 315 Canty Roll Flour 100 .. . 430 Cap Radio 25 . . . 132 Carborundum 50 112 Cardrona 100 98 Carter Holt 50 325 Cavalier Elco 50 148 Ceramco 100 490 Cerebos 50 140 Charter 50 75 Chase 20 570 Chch Press 50 225 City Realties 10 62 Clearwood 50 38 Clypex 25 40 Coal Energy 25 8 Colonial Motor 50 300 Command Corp 50 235 Comm Securities 50 ... . 65 Commodore 25 28 CCL 50 225 Consol Metal 50 190 Con Enterprises 4 10 Cooks Wine 50 43 Corp Inv 50 305 Cory Wright 50 (a) ... . 280 Cromwell 50 460 Crown 50 168 Cue Energy 25 12 DIC 100 140 Dingwall Paulger 100 . . . 325 Dominion Brew 50 356 Donaghys Ind 50 160 DRG NZ 50 180 East Deer 50 90 East Gas 50 165 Ebos Dental 50 335 EMCO Group 100 225 Endeavour 25 175 Equiticorp 40 342 Ernest Adams 100 420 Euro-Nat 50 420 FTC 25 148 Feltex NZ 50 295 Fernz Corp 100 220 Firestone NZ 100 220 First City 100 110 Fisher Paykel 50 292 Fletcher Chai 50 332 Fleur 50 50 40 Forest Inv 100 290 Fortuna 50 120 -5 +5 -10 -10 -2 -2 + 15 -7 -20 +3 -10 -4 +35 -5 +20 +8 +10 -5 +1 +15 +10 -2 +15 —4 +7 +2 +5 +8 -2 +1 +10 -5 -2 -3 +60 +55 -2 +44 -18 +5 -5 +15 +10 -25 +9 +13 +5 +22 +15 +3 -5 92 100 205 98 126 127 185 48 50 60 140 224 225 155 65 300 270 90 135 245 340 30 32 - 115 225 - 220 285 345 350 65 68 61 - 705 - 265 310 400 450 105 120 320 325 145 155 490 500 72 565 570 225 230 62 40 6 7 225 250 62 65 25 35 10 40 45 172 11 140 145 325 330 350 360 155 160 100 165 330 360 220 250 175 - 350 410 152 220 210 215 110 113 330 335 35 40 110 130 21.0 8.0 28.0 38.0 30.0 34.0 26.0 10.0 24.0 26.0 15.0 28.0 22.0 5.0 25.0 27.5 19.0 20.0 16.0 12.0 18.0 14.0 25.0 50.0 11.0 56.0 15.0 20.0 25.0 20.0 20.0 16.0 24.0 20.0 25.0 16.5 10.0 45.0 16.0 C 22.0 7.5 16.0 34.0 2.5 25.0 25.6 15.0 19.0 24.0 12.0 20.0 30.0 28.0 19.0 10.0 22.5 20.0 32.0 7.5 20.0 24.0 25.0 18.0 17.0 2.5 24.0 46.0 8.0 b 18.0 4.0 4.2 6.6 8.6 5.3 6.7 8.1 10.4 7.2 5.7 4.7 4.5 3.6 5.5 4.6 5.6 8.4 3.0 1.6 10.4 4.1 2.3 2.7 4.5 2.1 4.0 1.0 3.8 7.9 4.6 3.7 7.1 3.6 6.7 5.1 5.8 6.6 1.5 3.5 3.5 4.6 2.6 7.2 1.9 5.5 6.7 2.4 3.3 7.1 8.5 6.1 4.2 8.7 5.2 3.0 3.3 8.8 4.5 .8 4.7 4.0 4.2 8.1 7.7 2.2 4.1 6.9 10.0 7.5 7.0 16.4 14.6 22.3 27.8 18.7 14.2 9.9 14.4 14.8 10.1 15.0 10.7 10.3 9.8 12.0 18.6 7.1 2.7 16.3 10.2 4.5 8.3 3.0 8.6 3.5 2.3 11.8 17.7 10.1 12.8 16.4 10.5 15.6 12.2 15.0 7.6 6.6 12.0 6.4 4.5 10.0 20.0 22.7 8.4 16.4 23.0 1.8 7.9 4.3 16.5 9.9 14.1 6.5 12.3 11.1 6.6 10.9 18.1 10.7 1.9 13.6 10.5 11.2 12.6 33.3 6.2 14.3 16.1 12.5 1.5 8.8 .68 .42 2.18 1.89 1.29 1.45 .88 2.53 .36 .81 1.08 1.39 3.34 3.91 1.38 1.62 1.36 2.21 2.18 1.84 2.35 2.30 .60 .42 .87 .62 .88 .52 .15 1.02 1.83 2.95 4.16 .34 1.22 2.86 1.17 3.54 1.24 .63 .73 2.13 .37 .19 .19 2.56 1.31 .68 1.09 1.94 .06 .59 .66 .98 .81 2.11 .19 1.53 3.36 2.85 1.13 1.95 .53 2.13 2.50 1.08 .43 3.95 1.06 3.01 2.79 3.36 1.04 2.04 2.67 2.11 .96 14.2 6.0 6.8 4.4 3.5 5.3 7.0 10.0 6.9 6.7 9.8 6.6 9.3 9.6 10.1 8.3 5.3 13.9 36.9 6.1 9.7 22.0 12.0 32.9 11.5 28.3 42.7 8.4 5.6 9.8 7.7 6.0 9.4 6.3 8.1 6.6 13.1 14.9 8.3 15.5 22.2 10.0 5.0 4.3 11.7 6.0 4.3 53.5 12.6 23.2 6.0 10.0 7.0 15.3 8.1 9.0 15.0 9.1 5.5 9.3 52.6 7.3 9.4 8.8 7.8 2.9 15.9 6.9 6.1 8.0 64.4 11.3 105 60 385 155 152 71 138 52 62 43 23 7 405 219 45 35 72 40 235 125 240 180 100 80 240 165 265 155 84 9 125 85 135 105 312 250 260 175 155 112 425 211 185 100 50 32 250 110 130 90 480 375 255 153 260 144 180 66 70 42 75 45 100 75 240 170 44 28 305 156 72 54 68 49 71 40 67 13 60 40 100 41 145 96 150 70 206 136 280 163 162 40 50 34 290 205 76 50 125 67 100 50 450 218 30 25 220 140 440 250 90 45 395 210 165 128 640 320 153 98 140 90 150 110 202 163 40 20 70 27 218 138 176 120 370 270 200 100 555 290 198 135 372 70 360 290 313 219 .150 no 570 165 290 212 600 45 223 126 270 187 120 60 170 98 645 368 52 35 368 100 120 102 240 170 810 268 295 73 70 48 Foveaux Radio 100 ... . 60 Fund NZ 100 330 Gen Props 50 130 Genestock 50 65 Golden Bay 50 46 Goliath 25 9 Goodman 50 405 Greenhouse 25 40 Grocorp 50 67 Grosvenor 25 235 Hallenstein Bros 50. . . . 226 Hauraki Ent 25 100 HB Trans Holds 100. .. . 240 Henry Berry 50 230 Horizon 25 84 Hortic Inds 50 92 Hume Inds NZ 50 110 Huttons NZ 100 290 ICI NZ 50 175 Ind Broad 50 115 Ind Newspapers 50 .... 425 Intertasman 50 105 Invesco 50 50 Invest Fin 50 118 Irvin Stern 50 115 IWDow 50 390 J Hardie Imp 50 190 James Smith 50 260 Jarden 1 135 Jedi Corp 10 52 John Burns 25 48 John Edmond 25 (a) . . . 95 J Webster 50 225 Kaurex SO 40 Kearns Gatina 100 305 Kidd Garrett 50 60 Kingsgate 50 59 Kiwifruit 50 45 Kupe Oil 25 67 Lakeland 50 58 Landmark 25 88 LWR Inds 25 102 Lanes Inds 50 125 Laurenson 50 165 L D Nathan 100 270 Leisureland 50 140 Les Mills 20 40 Leyland 50 280 Leyland Cap 50 70 Leyland Growth 50 ... . 120 L M Min 50 67 Lion Brew 50 450 Luxoil 50 26 Lusteroid 50. . . 180 Mace SO 435 Mainstaiy Props 50 75 Mair 50 235 Manawatu Radio 100 ... 165 Manthel Holds 50 (a). . . 325 Masport 50 . . 1 113 McAlpine 50 95 McConnell 50 110 McKechnie Bros 50 ... . 195 Min Resces 20 26 M O’Brien 50 30 Mogal 50 210 Montana Wines 50 148 Morrison PIM 50 350 Motor Holds 50 190 Mt Cook Group 100 .... 310 Moyes Groves 50 150 Nat Bloodstock 50 372 Nat Insce 50 360 Newmans 50 235 NZ Cement 100 112 NZ Equities 25 240 NZFP 50 235 NZ Gold Fields 20 510 NZI Corp 50 168 NZI Gases 100 270 NZ Leathers 50 65 NZ Marine Farms 100 . . 148 NZ News 100 645 NZ Oil, Gas 50 46 NZ Petroleum 25 320 NZ Prop Trust 100 ... . 115 NZ Refining 100 205 NZ Salmon 50 810 NZ Steel 100 73 NZ Venture 50 48 +4 +1 +2 +35 —2 -3 +20 +1 +5 +5 -5 +13 +5 +3 -7 -10 +8 +1 +5 +3 -1 +2 -1 +5 +7 +3 +10 +4 -15 +15 -10 -5 +12 +15 -2 -10 +35 +5 +10 +5 +4 -5 -5 -1 +3 -10 +10 +15 +27 +10 +5 -3 +10 +8 + 10 +8 -2 +20 +3 +165 -14 +1 126 60 45 46 9 10 400 225 227 89 175 415 50 110 115 370 125 135 51 45 50 95 100 300 310 58 60 62 82 85 102 105 112 265 275 140 48 66 75 135 65 70 450 460 25 - 200 - 450 75 78 230 165 112 115 120 - 200 27 150 155 200 135 370 - 370 230 235 112 118 200 233 234 168 370 145 150 46 48 - 290 112 750 840 70 74 55 8.0 10.0 10.0 26.0 28.0 21.5 16.0 17.0 26.0 6.2 18.0 15.0 32.0 16.0 24.0 20.0 15.0 38.0 36.0 19.0 17.0 20.0 15.0 18.0 25.0 15.0 10.0 6.7 36.0 22.0 11.0 b 24.0 6.0 36.0 22.0 16.0 5.0 30.0 17.5 22.0 14.0 14.0 20.0 22.0 5.0 20.0 22.0 30.0 22.0 18.0 26.0 6.0 30.0 23.0 12.5 10.0 29.0 17.0 20.0 10.0 23.2 11.9 16.0 18.0 2.4 3.8 10.8 3.2 2.9 4.7 4.0 7.0 5.6 3.3 8.1 5.1 9.1 6.9 2.8 9.5 6.3 4.8 9.4 3.6 .1 3.8 7.8 4.7 5.5 4.9 8.3 1.9 8.8 8.1 3.9 4.2 4.4 4.0 6.1 1.8 3.3 6.3 10.6 3.3 6.1 7.3 9.0 5.6 8.3 4.7 7.4 4.2 5.7 5.8 8.6 .8 4.1 4.8 11.1 1.0 6.1 5.0 7.4 7.6 3.5 10.3 7.8 24.6 6.3 28.0 6.6 2.3 6.6 4.8 16.5 11.9 3.2 18.7 13.0 20.7 12.9 6.6 22.1 10.0 21.3 13.5 7.2 4.3 9.8 14.5 10.4 18.2 6.0 15.1 1.8 7.6 1.8 16.6 8.0 22.7 .5 9.4 8.1 14.6 7.3 3.6 18.3 17.0 13.4 13.2 22.4 17.2 22.2 14.0 9.2 21.4 6.6 18.6 14.0 21.4 2.5 7.1 14.0 18.6 6.5 12.4 10.9 5.4 80.1 9.7 10.8 24.6 74.2 1.29 .41 1.20 1.61 2.14 2.56 .31 2.70 2.38 .15 1.03 1.37 .64 2.72 .78 1.51 .01 .78 3.54 1.56 2.17 .21 .28 .46 .92 1.53 1.76 .55 .36 .41 .41 1.60 .78 4.31 .31 .45 .13 3.33 1.46 .57 1.97 .82 3.20 1.35 1.80 .86 2.11 .25 .93 1.29 2.87 1.08 1.60 3.70 1.57 .65 1.61 1.75 2.77 .27 1.84 .19 1.03 1.51 1.32 4.57 .42 .20 1.15 3.90 .49 2.60 15.6 3.5 15.1 41.9 15.0 20.8 6.0 8.3 30.6 5.3 7.6 4.8 7.7 15.1 4.5 9.9 4.6 7.3 13.7 22.8 10.1 6.8 9.5 5.4 16.4 6.5 53.6 13.1 55.0 6.0 12.3 4.4 186.6 10.6 12.2 6.8 13.5 27.7 5.4 5.8 7.4 7.5 4.4 5.7 4.4 7.1 10.7 4.6 15.0 5.3 7.1 4.6 40.0 14.0 7.1 5.3 15.2 8.0 9.1 18.3 1.2 10.2 9.2 4.0 1.3

1985/86 High Low Share, Par Last Sale Dhange Week Quotations DiV. % Div. Yield Earn. Yield Asset Bkg P/E Ratio Buy Sell 80 80 40 59 Northland FM 50 Northrop 25 70 72 — - 16.0 5.5 1.4 10.4 .42 .32 3.91 .19 .98 70.0 9.6 270 240 Nuhaka 100 . 260 — 17 9 Oilfields ctb 25 17 +1 15 16 ' — 3.6 27.6 185 105 Opio Forestry 100 ... . . 105 — 100 — 152 350 640 250 290 96 23 102 96 105 483 185 205 5 4 50 Omnicorp 50 OHL Corp 25 ...... . Otago PP 100 Owens Group 10 PDL Holds 25 (a) ... . Perry Dines 25 Petro Tar 25 Powercorp 25 118 . 105 . 634 . 220 . 215 7 19 50 -2 +10 -1 +1 116 215 215 6 18 110 750 220 20.0 20.0 50.0 35.0 24.0 10.0 4.7 3.1 2.2 4.0 85.7 5.0 11.3 10.1 10.0 29.9 207.1 9.0 .45 2.61 1.28 3.25 .73 .12 .18 8.8 9.8 9.9 3.3 .4 11.1 25 185 382 750 87 185 156 140 12 165 288 160 58 135 120 110 Premier 25 Prudential 100 Progressive 50 Qtron 50 Queenstown 40 Quill Humph 50 Radio Avon 25 Radio Otago 25 20 175 . 335 . 275 . 70 165 . 140 . 115 +3 -10 -8 335 65 80 190 345 275 20.0 11.5 22.0 21.0 30.0 20.0 11.4 1.7 4.0 6.3 5.3 4.3 4.0 .7 .5 13.1 4.4 5.0 1.5 16.9 10.0 17.8 1.86 1.25 1.97 .48 1.98 .84 .50 7.6 22.6 19.9 63.6 5.9 9.9 5.6 220 310 345 155 83 185 Radio Pacific 50 Rainbow 20 ....... . Ra Ora 50? . 210 . 265 185 -10 -25 180 265 195 10.0 2.0 1.9 .35 1.28 50.9 170 190 155 205 125 150 79 108 Redvale 50 Reid Farmers 25 Regina 20 Renouf Corp 50 170 . 176 . 110 . 190 +5 140 180 190 28.0 10.0 12.0 3.9 1.8 3.1 10.3 4.2 2.8 1.17 .85 .63 9.6 23.4 35.1 148 275 192 295 280 ■255 345 420 380 250 175 57 75 130 200 100 154 270 295 160 210 118 Renouf Props 50 r W Hellaby 50 . 134 . 242 -6 -6 132 240 135 248 7.0 1.4 — 1.47 5.7 9.0 96.4 6.0 11.1 9.5 7.5 6.6 6.2 Repco NZ 50 ...... . Revertex 50. . R Jones 50 Rothmans 50 R W Saunders 50 . . . . Salmond Inds 100 .... Sanford 50 Selby Shoes 50 Skellerup 25 . 168 . 220 270 . 255 . 270 . 400 . 380 . 210 . 130 +3 +10 +5 -10 +10 -5 165 265 255 125 170 270 260 242 220 130 17.0 15.0 10.0 26.0 20.0 17.0 20.0 22.0 25.0 5.0 3.4 1.8 5.0 3.7 4.2 2.6 5.2 4.8 17.3 11.0 1.0 16.5 9.0 10.5 13.2 15.0 15.9 1.44 1.32 .91 2.41 2.49 2.32 1.26 1.82 1.64 195 340 126 80 160 61 Smart Group 50 Smith-Biolab 50 Smiths City Mkt 20 . . . . 170 . 320 . 110 +10 +5 -5 300 320 21.0 18.0 3.2 3.2 5.9 7.0 12.7 1.42 .55 1.80 .08 14.2 7.8 170 130 Southland Meat 50. . . . . 148 — — 150 17 4 Sthn Petroleum 25. . . . 17 +1 — — 6 55 230 6 20 145 Sovereign 25 . . 6 52 +2 55. — — 4.4 .27 22.6 5.6 Steel Tube 50 150 — 145 155 25.0 8.3 17.6 1.57 120 152 98 55 480 90 140 Stereo FM 100 Stevens 100 Tag 50 90 . 145 90 +5 138 100 13.5 10.0 5.5 16 J 9.6 1.81 .51 6.1 10.3 40 340 fag Proplink 40 Taylors Dry 100 45 . 375 — — - 22.0 8.0 b 5.8 3.8 13.0 2.98 7.6 5.3 56 52 Technicgroup 25 — 83 160 400 197 65 95 250 128 Thoroughbred 50 Trans Ashb 50 Trans Nth Canty 100 . . UEB Inds 50 76 . 125 . 350 . 138 -2 +2 70 120 138 160 300 16.0 17.0 25.0 6.4 4.8 9.0 11.5 1.2 24.6 .94 3.27 2.43 .84 .87 8.6 83.3 4.0 48 355 35 200 Utd Resources 50 . . . . Unity 50 38 . 280 —20 38 290 16.0 2.8 7.5 13.2 56 230 155 38 168 130 Venturecorp 50 Viko Holdings 25. . . . Visionhire 50 ..... . . 45 . 208 . 155 -1 +3 +5 43 215 160 38.0 20.0 4.5 6.4 13.4 12.3 6.9 • 18.4 11.6 12.2 7.7 1.39 .80 .57 1.94 1.41 2.52 2.54 7.4 8.0 14.4 5.4 8.5 8.1 12.8 70 275 245 470 645 42 155 137 315 470 Waikato Stud 25 ... . Waitaki NZR 50 ... . Waste Mngt 50 Wattle Inds 50 Welgas 50 42 . 172 . 190 . 325 . 620 -3 +2 -10 -5 +5 21 170 325 44 200 330 650 24.0 16.0 30.0 20.0 6.9 4.2 4.6 1.6 255 125 270 245 150 790 285 183 200 295 125 90 181 190 100 360 135 142 150 130 Wenrich 50 . Westbridge 50 Wilkins Davies 50 . . . w Jeffery 100 Wills Props 50 Wilson Horton 100 . . . Wilson Neill 50 Winstone 50 Wormald NZ 50 . . . . Yates Corp 50 . 143 90 270 . 200 . 145 . 790 . 270 . . 157 . 170 . 135 -7 +10 +3 +10 +15 +2 +5 -5 260 140 255 155 165 157 6.0 23.0 17.0 8.0 15.0 21.0 16.0 15.0 35.0 3.3 4.2 8.5 2.7 1.8 3.8 5.0 4.4 12.9 8.1 14.2 16.5 17.9 6.8 8.7 12.0 21.7 11.1 1.42 1.76 2.53 1.84 3.31 1.12 1.63 3.23 1.88 12.3 6.9 6.0 5.5 14.5 11.4 8.3 4.5 8.9