Showing posts with label Long Term View: ASB Capital Preference Shares (B). Show all posts
Showing posts with label Long Term View: ASB Capital Preference Shares (B). Show all posts

Monday, September 6, 2010

Long Term View: ASB Capital Preference Shares (B)


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.

ASB Bank Pref shares A [ASBPB.NZX] has been a very poor investment for shareholders since its 2003 listing on the NZX at $NZ1 per share. With 27.66c in net dividends it gives (see NZX chart above) ASBPB a 7.95% 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) and over the nearly 7 year listing of ASBPB an annual net return of 1.13 %.

This compares to a 9.28% annual return from the average of all NZX indexes.


Compare ASBPB Prefs to ASBPA Prefs



Disc I own ASBPB shares in the Share Investor Portfolio






Long Term View Series


ASB Capital Preference Shares (A)
Auckland International Airport
Air New Zealand
AMP Ltd
ANZ Banking Group Ltd
Briscoe Group Ltd
Cavalier Corporation Ltd
Comvita Ltd
Contact Energy Ltd
Delegats Group Ltd
EBOS Group Ltd
Fletcher Building Ltd
Fisher & Paykel Appliances
Fisher & Paykel Healthcare
Freightways Ltd
Goodman Fielder Ltd
Hallenstein Glasson Holdings Ltd
Hellaby Holdings Ltd
Infratil Ltd
Kirkcaldie & Stains Ltd
Kiwi Income Property Trust Ltd
Mainfreight Ltd
Michael Hill International Ltd
Metlifecare Ltd
Methven Ltd
Mowbray Collectables Ltd
NZ Oil & Gas Ltd
New Zealand Refining Ltd
New Zealand Stock Exchange Ltd
Nuplex Industries Ltd
PGG Wrightson Ltd
Port Of Tauranga Ltd
Postie Plus Group Ltd
Pumpkin Patch Ltd
Restaurant Brands Ltd
Ryman Healthcare Ltd
Sanford Ltd
Sealegs Corp Ltd
Scott Technology Ltd
Skellerup Ltd
Sky City Entertainment Group Ltd
Sky Network Television Ltd
Smiths City Group Ltd
Steel & Tube Ltd
Telecom NZ Ltd
Telstra Corp Ltd
Tourism Holdings Ltd
Trustpower Ltd
Turners Auctions Ltd
Turners & Growers Ltd
The Warehouse Group Ltd
Vector Ltd
Wakefield Health Ltd
Westpac Banking Group Ltd


ASB Bank Pref Shares B @ Share Investor


Discuss ASBPB @ Share Investor Forum





c Share Investor 2010