Catalysts for listed property

Catalysts for listed property

Highbrook - 2.9.22 Listed property forms a very strong part of the NZX listed universe and investors likely see the segment as defensive in times of turmoil. Some new analysis on the segment has emerged from sharebrokers Jarden this week. The firm has launched Jarden...
Contact Energy to kick off week ahead

Contact Energy to kick off week ahead

Tauhara geothermal plant 13.2.22 The market awaits the release of half-year results from Contact Energy tomorrow as the seasonal report season begins to accelerate. The company’s strong performance in FY21 has carried through to 1H22 and analysts at Forsyth Barr...
SKYCITY results awaited 

SKYCITY results awaited 

SKYCITY Entertainment Group will report its 1H22 result on 14.2.22 and the big question is the size of the expected loss for the period. And we’ll hear more about GiG which is a major diversification move into online gaming and media. The market will also be looking...
New earnings estimates for NZ King Salmon

New earnings estimates for NZ King Salmon

2.2.22 New Zealand King Salmon shares have dived on the sharemarket, in line with lowered earnings guidance released yesterday, and overnight equity analysts began adjusting their estimates. NZK downgraded FY22F EBITDA guidance from $10.5-12.5m to $6.5-7.5m (midpoint...

Update from Turners Automotive

  23.12.,21 Hamilton Hindin and Greene, Christchurch-based sharebrokers, provided the opportunity for an update on Turners Automotive from Todd Hunter, CEO and Aaron Saunders, their CFO. Summing up the presentation, HHG noted, “The news from them was pretty...
A steely look about Vulcan

A steely look about Vulcan

15.12.21 One of the best new performers this year has been Vulcan Steel – a business that few apart from those that purchase its building materials would have known existed until it listed on NZX/ In their own words, Vulcan is “an Australasia-wide industrial product...