by Warren Head | Feb 14, 2024 | Featured, Latest News
The NZICC rebuild cost blow-out a factor Beset by $180 million of legacy project provisions and a $122 million non-cash write-down on Tradelink, Fletcher Building has posted a net loss of $120m $120 million for the opening half-year. Other Key Details Revenue of...
by Warren Head | Feb 10, 2024 | Featured, Market Commentary
Fletcher shares close to year low after further provisioning on the NICC (above) 10.2.24 Warren Head Investors who have been counting on interest rates starting to unwind in 2024 are having to rethink that assumption because it may turn out to be plain...
by Warren Head | Feb 3, 2024 | Featured, Market Commentary
3.2.24 Warren Head We have now reached the point in the reboot of equity markets where the record books are very close to being rewritten every week. In New Zealand the NZX50 looks well placed to have another tilt at the 12,000 barrier. The market closed...
by Warren Head | Jan 27, 2024 | Featured, Market Commentary
Rakon high tech development // Warren Head Our national sharemarket may be rising in value during a current rally in share prices but it is also thinning before our […] You need an active...
by Warren Head | Jan 20, 2024 | Featured, Market Commentary
20.1.24 Warren Head New Zealand shares continued to trace a meandering path over the week as interest rates continue to offer attractive alternative investment. It seems that 'the summer of cricket' or the allure of the beach during the current...
by Warren Head | Jan 13, 2024 | Featured, Market Commentary
13.1.24 Warren Head On a news week as becalmed as Kaiteriteri Beach at high tide on a summer’s day the NZ sharemarket did well to notch a hundred point gain. The NZX50 rose 109.83 to 11,858.31 this week on thin volume of 81.88 million shares traded (value at...
