Connections
Work with your personal adviser to grow your wealth
Newsletter

The Dairy Sector and the NZ Economy

The average traded price on the Global Dairy Trade Auction has risen a cumulative 41% at the last three GDT auctions, with whole milk powder prices back to a touch below US$2,500/tonne. A remarkable turnaround. GDT AUCTION VS MILK PRICE FORECAST Source: ANZ, GlobalDairyTrade, Bloomberg On this recovery in dairy prices, there are four immediate considerations. GDP is a lagging indicator while commodity prices are a leading one; this reinforces the point made above. The terms of trade and importantly dairy...
Filed under Newsletter

High Yielding New Zealand Stock Selection

The current low interest rate environment has been plaguing fixed interest dependent investors for some time now, and with the recent cut to the official cash rate (OCR) on the 10th of September by 0.25% for the third time, it looks as if the low interest rates are here to stay. Equity markets have been generating a reasonable amount of interest, with many investors looking to substitute fixed interest and interest bearing deposits for equities. The current market environment is providing...
Filed under Newsletter

Healthcare Sector Review

Health Care Sector Review Company: Metlifecare Sector: Aged Care Overview: Recently Metlifecare released their full year result, reporting an underlying profit of $52.4 million, up 13.9 percent from last year. The aged care provider has been the benefactor of our aging population, and the house price appreciation we are seeing in Auckland. Pros: The house price appreciation we have seen in Auckland helped Metlifecare to a reported Net Profit After Tax of $122.7 million. This includes a $121.2 million “fair value...
Filed under Newsletter

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

Australian Banks in Focus

The ‘Big Four’ as they are colloquially known consists of Westpac, ANZ, Commonwealth Bank (Owner of ASB in NZ) and National Australia Bank (BNZ). All four have their respective strengths and weaknesses, and all four have a heavy presence in New Zealand. This article bypasses the conversation over which bank will offer investors the best bang for the investors buck and looks at the Australasian banking sector as a whole. The Big Four boast some of the highest net interest...
Filed under Newsletter

Core Portfolio Stock - Brambles

25.06.2015
Brambles is a supply-chain logistics company operating in more than 50 countries, primarily through the CHEP and IFCO brands. The Group specialises in the pooling of unit-load equipment and associated services, focusing on the outsourced management of pallets, crates and containers. Whilst supply chain logistics is not the most glamorous of sectors, profits don’t discriminate on that basis. CHEP is regarded as the world leader in pallet and container pooling services. Their product range includes pallets, containers, and Reusable Plastic Containers...
Filed under Newsletter

Casino's in Focus - Crown

25.06.2015
People sometimes refer to decisions as a roll of the dice; not by chance, Crown Resorts is rolling towards a six. Crown Resorts is an ASX listed Gaming and Entertainment Company with geographic diversification, strong cash flows, and firm market positions in the cities it operates. Crown Resorts is the owner of two casinos in Australia, Crown Melbourne, and Crown Perth, with proposals for Crown Sydney and Queens Wharf in Brisbane. In addition to the Australian operations, Crown Resorts own...
Filed under Newsletter

Casino's in Focus - SkyCity

SkyCity is rolling the dice with approximately $1 billion of investment over the next few years. This includes the controversial New Zealand International Convention Centre (NZICC), the associated hotel and carpark, and a major redevelopment of their Adelaide property. The Company has also allowed $50 million for “internal building works and the purchase of additional gaming product.” The additional gaming product noted includes 230 gaming machines and 40 tables which were part of the deal made with the Crown. Along...
Filed under Newsletter
Page 1 2 3 4 5 6 7 8 9 10 11 13
Find An Adviser CONTACT NOW
Become A Client START NOW