Connections
Work with your personal adviser to grow your wealth
Hamilton Hindin Greene

NBR - Arvida Update Gives Shareholders Heart

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...
Filed under Grant Davies \ NBR

June Newsletter - Economic Commentary

The Budget in May saw a continuation of the Government’s fiscal restraint with new initiatives being funded out of the new allocation allowance along with some re-prioritisation of other spending. Revenue forecasts were also lowered again as a result of lower nominal GDP growth. The Government signalled that reaching an operating surplus would be delayed to 2015/16. However, the trending improvement in the operating balance remains in place which is important for markets and rating agencies when looking at New Zealand....
Filed under Newsletter

Fonterra unit investors kick unit values after interim result - Tim Fulton - Fairfax

Investors are punishing Fonterra for a disaappointing balance sheet and dividend payments to farmers, a Canterbury-based share advisor says. The value of Fonterra's listed investment units has dropped up to 20 per cent since the co-op's interim result two months ago. The sharemarket "wasn't too happy" with Fonterra's interim financial result on March 25 and the feeling had contributed to the unit price in the Fonterra Shareholders Fund falling from about $6 per unit to $4.80, Hamilton Hindin Green authorised...
Filed under General
Find An Advisor CONTACT NOW
Become A Client START NOW