Finance Blogs

Sanford and NZSA reach compromise
By The Looking Glass - An NZSA View
Following constructive discussions with Sanford Ltd Chairman Jeff Todd and MD Eric Barratt, the Chairman of the NZ Shareholders Association, John Hawkins said agreement had been reached on changes to the company’s proposed director fee increase. The... More »

Hanover Finance Ltd
By The Looking Glass - An NZSA View
New Zealand Shareholders Association chairman John Hawkins said the NZSA was pleased at today’s announcement by the FMA that it would be commencing civil proceedings against the directors and promoters of Hanover Finance Ltd. Hawkins noted that the... More »

Delayed the housing crash that has affected most western nations
By David McEwen
Figures out today indicate that Australia may have merely delayed the housing crash that has affected most western nations, rather than avoided it altogether. The question also has to be asked whether the same will occur with economic recession. Australian... More »

The final death knell for the New Zealand Stock Market
By David McEwen
The final death knell for the New Zealand Stock Market could come next year if a radical proposal is adopted in Australia that would see most companies pay no tax. The Treasurer, Wayne Swan, is said to have set up a nine-person working group to consider... More »

Latest leading indicators from the OECD
By David McEwen
Latest leading indicators from the OECD show more good news for New Zealand, but little joy for other countries. The figures for New Zealand, which combine statistics for various sectors that point to changes in the overall economy for up to 12 months... More »

PUMPKIN PATCH DIRECTORS FEES
By The Looking Glass - An NZSA View
The New Zealand Shareholders Association Chairman John Hawkins said today that the NZSA was pleased with the decision by Pumpkin Patch Chairman Jane Freeman to reduce the director’s fee pool by $130,000 as part of a wider cost cutting exercise. Hawkins... More »

Legendary US investor Warren Buffett
By David McEwen
Legendary US investor Warren Buffett has proven to be a generally smart investor for several decades now, so his enthusiasm for shares in the depressed third quarter this year has to be taken note of. His Berkshire Hathaway investment company invested... More »

Incompetent politicians is not going to solve Europe’s debt crisis
By David McEwen
Sacking a couple of incompetent politicians is not going to solve Europe’s debt crisis and it could well take decades to sort the problems out. One possible solution, using the European Central Bank’s trillions of euros in reserves to help... More »

SKY CITY INTENTION TO INCREASE DIRECTORS’ FEES
By The Looking Glass - An NZSA View
New Zealand Shareholders Association Corporate Liaison Director Des Hunt said today that the NZSA had engaged with Sky City at the highest level in regard to the proposal to increase their director fees.  Hunt pointed out that the increases of 25-33%... More »

Disappointing to see the poor results of two recent floats.
By David McEwen
After years of waiting for new companies to come to the New Zealand market, it has been disappointing to see the poor results of two recent floats. Lightbulb company Energy Mad (MAD) has seen its price drop by 15% in the few weeks it has been listed.... More »