With the following companies announcing their profit results this week, with Freightways Ltd [FRE.NZX] kicking off the week at 10.00am this morning. Investors will not only be looking for some decent results but as usual and more keenly will be looking at indicators from management as to where they may be heading in 2011.
|Issuer||Period||Expected Release Date|
|Freightways Limited [FRE.NZX]||Full Year||16/08/2010|
|The New Zealand Refining Company Ltd [NZR.NZX]||Half Year||17/08/2010|
|Fletcher Building Ltd[FBU:NZX] Full Year 18/08/2010|
NZX Limited [NZX.NZX]
|SkyCity Entertainment Group [SKC.NZX]||Full Year||17/08/2010|
|Port of Tauranga [POT.NZX]||Full Year||19/08/2010|
|*||Downer EDi Limited||Full Year||19/08/2010|
|Contact Energy Limited [CEN.NZX]||Full Year||20/08/2010|
|Australia and New Zealand Banking Group Limited [ANZ.NZX]||Full Year||20/08/2010|
I will be paying interest to FRE and SKC especially as they are major parts of the Share Investor Portfolio but also looking closely at NZR, POT and CEN.
The Freightways result is a good bell-weather for the wider economy, POT will indicate how exports are doing, the NZR result will give shareholders there an indicator of whether that company has or will make it out of their recent slump in fortunes. The CEN result will be indicative of wholesale power prices and their impact on the consumer and the SKC one will outline a number of issues currently on the horizon for the company.
Full list of coming results - NZX Market Diary
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Discuss this topic @ Share Investor Forum
Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz
c Share Investor 2010