Listed Companies

BRIAN GAYNOR: Timing's right for a Mainfreight share split?

Brian Gaynor
Tue, 04 Aug 2020

Brian Gaynor
Tue, 04 Aug 2020
There used to be a strongly held view that NZX-listed company share prices shouldn’t go above $10. This was based on the theory that New Zealand investors believed double digit share prices were too expensive and lower prices offered better opportunities.This perceived problem was solved by share splits or bonus issues whereby the number of shares on issue increased, share prices declined and, in theory, the market value of companies remained unchanged.Directors believed lower share prices encouraged investors to look at their compan...

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Why Herne Bay owner knocked top 2 floors off new $8m home
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If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.

Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.