SLI Systems shares sank to a record low, extending this year's decline, as a dearth of news ahead of next month's earnings season has seen some investors exit the e-commerce software vendor. The shares dropped 8 percent to 23 cents today and have fallen 49 percent so far this year making them the fifth-worst performer on the S&P/NZX All Index. The volume of trading was light at 103,244 shares, or 0.2 percent of shares on issue, in what's a relatively...

Hamilton Hindin Greene’s investment committee consists of six committee members, combining a broad level of expertise which ensures our clients receive a robust investment service. The broad investment philosophy of the committee is one of long-term growth. The committee focuses on quality, blue-chip direct equities and fixed interest securities that fit our strict investment criteria. The committee meet once a month, or as market movements dictate, to discuss the recommended portfolio and investigate avenues to bring further value to our clients....

Investors will be focused on inflation data coming out from China early this week and the US later in the week, Hamilton Hindin Greene investment adviser Grant Davies says. “Inflation is obviously well worth a look in terms of how that’s going to impact growth internationally, and how that’s going to help grease the wheels of the economy... It’s one to watch for New Zealand investors.” As well as looking at the week ahead, Grant looks back to last week in...

Hamilton Hindin Greene had the pleasure of hosting Mark Peterson (NZX CEO), and Bevan Millar (NZX CFO) earlier this week. In front of a small group of clients and advisers, Mark explained the renewed focus on cost control at the NZX Group, and how shareholders are going to benefit from growth in New Zealand’s capital market. We looked back at the problems the NZX have overcome over the past few years. They have put the Ralec court case behind them (without...

Globalisation has provided opportunities for offshore tax evasion. In response, the OECD has developed the Common Reporting Standard (CRS) for Automatic Exchange of Financial Account Information in Tax Matters (AEOI) to provide a global framework for the exchange of financial account information about persons that invest outside of their jurisdiction of tax residence. In broad terms, the CRS requires that financial institutions carry out due diligence to review their financial accounts to identify accounts held or controlled by foreign tax...

Bonus Bonds hold a truly unique place in New Zealand’s investing landscape, like many new Zealanders, I myself have held them (courtesy of a gift of my parents) when I was a child. A Little History…. Bonus Bonds is actually a unit trust founded in 1970 with a reward scheme based on cash prizes. The New Zealand Government launched bonus bonds under the Unit Trusts Act 1960 through the Post Office Savings Bank (which later became PostBank) with the goal...

Barramundi has long history of appearing in portfolios for retail investors looking for Australian exposure and a very attractive dividend yield. Barramundi is a well-diversified fund made-up of small to medium sized Australian companies, trading on the NZ share market, offering high growth potential to NZ investors. On the surface, the fund represents a favourable opportunity for NZ investors to achieve high dividend returns and diversification outside of NZ. Look below the surface and one question remains, is the dividend...

New Zealand shares dipped, with Contact Energy and Trustpower falling, while CBL Corp and Restaurant Brands rose. The S&P/NZX 50 Index fell 10.05 points, or 0.1 per cent, to 7553.64. Within the index, 22 stocks fell, 19 rose and 9 were unchanged. Turnover was $125 million. "It's been quiet and uneventful on the markets all week long," said Grant Williamson, investment adviser at Hamilton Hindin Greene. "The index is pretty much unchanged from the start of the week to the...

For many New Zealanders the goal of owning an investment property has been ingrained as one to aspire to. The reality can be quite different. Prices in Christchurch have been largely flat for last three years, sales volumes are falling and the engine room (Auckland) is running out of puff. The recent Loan to Value Ratio (LVR) restrictions put on by the Reserve Bank have seen landlords either being told to deleverage or that they cannot continue to build their property...

Tom McBride talks to Grant Walker of the National Business Review regarding the markets. Tom analyses the most recent annual result for Xero, their reduction in cash burn, and international ambitions. The Z Energy Annual Result boasted strong profit growth on the back of the Caltex acquisition, but experienced a drop in fuel margins . Heartland Bank's share price continues to rise on receivables growth and the Australian government levying a 0.06% tax on major bank's liabilities. Maintaining a 44% gross...