Sunday, April 11, 2010

Long Term View: Metlifecare Ltd



In this series of posts I am going to be looking at stocks listed on the NZX in relation to their returns to shareholders over the life of their listing -what shareholders would now see in their back pockets if they had invested in the company IPO.

The calculation of returns includes dividends and tax credits.

Metlifecare Ltd [MET.NZ] has been very good to its shareholders in terms of returns since its IPO in July 1994. (IPO price undetermined but we will use the 50c it was trading at a year latter to make our comparison)With $NZ .63 cents in net dividends (see chart above) paid and no tax credits and 57:56 share split in 1998 , MET gives a slightly more than 540% return (see chart below for the share price percentage gain against the average of all NZX indexes) over the 15.75 year listing, an approximate annual net return of just over 34%.

This is approximately a 350% better return when compared to the average of all NZX indexes.





Long Term View Series

Auckland International Airport
Air New Zealand
AMP Ltd
Briscoe Group Ltd
Contact Energy Ltd
Delegats Group Ltd
EBOS Group Ltd
Fletcher Building Ltd
Fisher & Paykel Appliances
Fisher & Paykel Healthcare
Freightways Ltd
Goodman Fielder Ltd
Hellaby Holdings Ltd
Mainfreight Ltd
Metlifecare Ltd
New Zealand Refining Ltd
Port Of Tauranga Ltd
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sanford Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Telecom NZ Ltd
Telstra Corp Ltd
The Warehouse Group Ltd


Metlifecare @ Share Investor

Stock of the Week: Metlifecare Ltd
Stocks on My Watchlist: Metlifecare Ltd
Metlifecare: Its Assets could be worth more under better management

Download MET Company Reports

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Recommended Amazon Reading

The Intelligent Investor: The Definitive Book on Value Investing. A        Book of Practical Counsel (Revised Edition)
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
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