by Warren Head | Sep 29, 2023 | Featured, Free, Latest News
The Australasian women’s apparel and menswear group Hallenstein Glasson has reported a resounding rebound in its FY23 result to August 1 across New Zealand and Australian store networks. Group sales for the 12 months to 1.8.23 were $409.71m which were +16.7% up on the...
by Warren Head | Sep 23, 2023 | Featured, Market Commentary
Warren Head The ‘near miss’ on the nation’s economy descending into the R-zone was meaningless to the equities market. Does a 0.9% peek above the parapet mean the mood of the economy is on the up, or does it mean it is clinging on to the edge of drifting...
by Warren Head | Sep 21, 2023 | Featured, Latest News
Fonterra Co-operative, New Zealand’s biggest exporter, has reported FY23 profit after tax of $1.6 billion and a final 2022/23 season Farmgate Milk Price of $8.22 per kgMS. Fonterra CEO Miles Hurrell says the co-op has delivered strong earnings and made progress...
by Warren Head | Sep 16, 2023 | Featured, Market Commentary
16.9.23 /// WARREN HEAD Against the rolling torpor of an uncertain economic climate, NZ politicians have made plenty of random opportunistic policy kicks looking to retain or regain territory - looking for some cracks to open up. The market is apeing this...
by Warren Head | Sep 9, 2023 | Featured, Market Commentary
Warren Head There’s a bit of a sinking feeling about the markets this week as the reality of high interest rates for longer underpins a rise in the costs of doing business for New Zealand companies.. The US market had several sessions of decline...
by Warren Head | Sep 2, 2023 | Featured, Market Commentary
// Warren Head // 2.2.23 Spring is here and the winter corporate reports are filed away. Investors will be happy to move. August was a dismal slip-sliding month for equities. The June reports were mixed, some exceptional, many middling, others...
