Monday, June 14, 2010

Long Term View: Port Of Tauranga 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.

Port of Tauranga Ltd [POT.NZ] has been exceptional to its shareholders in terms of returns since its Listing in May 1992 at an estimated $0.75c per share with $3.04c in net dividends (excluding the period 1992-1997) and 30% more in tax credits (see chart above) and a 2:1 share split in May 2002 gives POT a slightly more than 1475% return (see chart below for the share price percentage gain against the average of all NZX indexes - does not include dividends, tax credits and the share split in its calculation) over the nearly 18 year listing of POT, an approximate annual net return just over 81.%.

This is approximately a 500% 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
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Telecom NZ Ltd
Telstra Corp Ltd
The Warehouse Group Ltd


POT @ Share Investor

Port in a storm
Ports of Auckland put a shot over competitor's bow

Discuss POT @ Share Investor Forum

Download POT Company Reports

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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