Shareholders gave Arvida [NZX: ARV] a tick of approval this week after a development update. Grant Davies of sharebrokers Hamilton Hindin Greene says the update from the NZX-listed retirement company was viewed positively by shareholders who have seen the share price trade at a discount to asset backing for a year or so now. Shares rose from 89c to 91c, shy of earlier levels in January of 93c a share, which compares with its December 2014 listing debut at 95c...

Jeremy Sullivan of Hamilton Hindin Greene and NBR's Duncan Bridgeman discuss this week's share market news ANZ Bank [NZX: ANZ] this week flagged global credit risk as a headwind for the banking sector, warning wholesale funding costs will probably increase. However, there are other forces at play buffeting banking stocks. Jeremy Sullivan, an analyst at Hamilton Hindin Greene, told NBR Radio’s Andrew Patterson he believes increasing regulation from across the Tasman is driving much of the negativity among investors. “Essentially, as...

Sky Network Television’s [NZX:SKT] strong cashflows should continue to reward investors with solid dividends in the short term even as the company spends up in response to competition. The key question looking further out is whether the company can convince the public that its expensive product upgrade is good enough, Hamilton Hindin Greene investment advisor Grant Davies told NBR Radio’s Andrew Patterson. “I think Sky TV will do everything in their power to maintain that gross dividend yield, which at...

HHG is proud to have won the 2015 National Business Review stock pickers award with an average return of 16.18%. Contact an advisor on 0800 10 40 50 to find out our picks for 2016

Click on the link to hear the NBR radio interview. 3m34s The New Zealand share market retreated again today, following intense volatility on Wall Street and other markets last week, cheap oil and scepticism over the Chinese economy. But the sell-off of local shares was less severe than anticipated perhaps, after last week’s global turmoil. The S&P/NZX 50 index was down nearly 2% this morning at 6055 – the lowest level since December 16. However, by 3pm the index had...

Hamilton Hinden Greene Investment Advisor, Grant Davies, comments on the year ahead on goodreturns.co.nz by Susan Edmunds The NZX finished 2015 13.5% up on the same time in 2014. It follows three years of 20%-plus returns. Mark Lister, of Craigs Investment Partners, said he expected this year to be another strong one, although he said it was likely the local market would produce a percentage return in the mid-to-high single digits, rather than stretching into double digits again. “Strong gains will...

Iron Ore Breaches $40 in Singapore as Rising Supply to Feed Glut Most-active iron ore futures in Singapore sank below $40 a metric ton for the first time on concern that the economic slowdown in China will cut demand as supplies from the largest miners climb. The SGX AsiaClear contract for January fell 2.7 percent to $39.67 a ton at 4:34 p.m. in Singapore, heading for the lowest close since trading started in April 2013. On the Dalian Commodity Exchange, futures...

Directors and Staff at Hamilton Hindin Greene Limited wish all our clients a safe and happy Christmas and New Year

We are pleased to announce that Paula Reay is pregnant and will be leaving Hamilton Hindin Greene in February 2016 to focus on the birth of her first child. Paula will be on maternity leave for 12 months and HHG wishes Paula, Craig and the baby all the best for the future.