Forum Archive Index - April 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

 

Reference: " WORK......Inv. results (4) of Feb. 28.

 

1. NZ STOCKS and PRICES ( $ NZ ) :

 

Companies:    BCH   SKC   WAM   AIA   AFF     TOT. ($NZ) 

 

Rec.4/11/0                                              0.44

Rec.10/12/0    11.90   7.91    4.35     3.05            27.65 ( A 1)

 

Price now:    11.80   9.30     3.75    3.55  0.32    28.72 ( B 1)

 

2. AUS. STOCKS and PRICES ($A):

 

Companies:         TAB    QBE    CLH    LACO    TOT.($ NZ)

 

Rec:4/11/0(0.7633)                                 2.38      3.12

Rec:18/11/0(0.7720)                     1.73                2.24

Rec10/12/0(0.7816) 3.48   9.36                           16.43

                                                                        21.79 ( A2 )

Price now:(0.8298) 3.24 10.95     4.05    3.21     25.85 ( B2 )

 

 

BOUGHT ( A1 + A 2 ):                $  NZ  49.44

 

TODAY'S VALUE ( B1 + B2 ) :    $  NZ  54.57

 

INCREASE ( $NZ ):  10.4 % over 119 days ( 1/3 year )

 

Notes: Mean weighted date of investment: Dec 5, 2000(ev) as per post of Jan.22. Brokerage and Aus. stamp duty costs incurred when buying these stocks, will still have to be applied.

 

This will be reconciled after one year: Dec 5 (ev). 2001, together with 2 sets of dividends. 

 

The first set of dividends has now been received:

 

NZ companies :   BCH   SKC   WAM   AIA   AFF  Total

Cents per share:    9        28       5        5       0  NZ 47cents 

 

AUS. companies: TAB   QBE   CLH    LACO        Total

Cents per share:    6        16      3          0       AUS.25cents

 

NB: We only need another 10 cents dividend to write off above mentioned costs! 

 

Remarks: The economy in Australia deteriorated during the whole time. There was a lot of volatility in trading of NZ stocks. The values of WAM and LACO declined in Feb./ March.

 

We would have gained some 13.5 % had the NZ$ not moved since these stocks were bought!

 

Gerry