Long Term View: Hallenstein Glasson Holdings 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.

Hallenstein Glasson Holdings Ltd[HLG.NZ] has been a spectacular investment for those who have been shareholders since its listing in October 1947 and even better for its founder Bendix Hallenstein and his generations of family who established the company in the late 1880s . We will start at an adjusted $NZ1.00 per share from available 1989 data to make our comparison. (Figures for 1947-1989 are not easily obtainable so annual and overall returns are likely to be higher)

With $3.41c in net dividends (excluding the NZX listed period 1947-1995. No data can be easily found for dividends) and 30% more in tax credits (see chart above) gives HLG a slightly more than 813% return (see chart below for the share price percentage gain against the average of all NZX indexes - does not include dividends and tax credits in its calculation) over the nearly 21 year listing of HLG (the period between 1947 and 1995 is excluded because no share price or dividend details are available so the return will be higher than stated here for this period), an approximate annual net return of nearly 39%.

This is approximately a 275% better return when compared to the average of all NZX indexes.




Disc I own HLG shares in the Share Investor Portfolio


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


Hallenstein Glasson @ Share Investor

The History Of: Hallenstein Glasson Holdings Ltd
Hallenstein Guidance not indicative of wider retail recovery
Stock of the Week: Hallenstein Glasson
Hallenstein Glasson Australian expansion needs expert execution
Why did you buy that stock? [Hallenstein Glasson]

Discuss HLG @ Share Investor Forum

Download HLG Company Reports
Download HLG Company History

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Share Investor Q & A: Reader Questions to Ryman CFO Gordon Macleod

I have a Share Investor Q & A coming up from Ecoya Ltd [ECO.NZ] Executive Charmain Geoff Ross next week but this post is related to Ryman Healthcare Ltd [RYM.NZ] in terms of a future Q & A.

Ryman is a company with great past growth rates and a good outlook for further growth far into the future because of the demographics of its customers but mostly operates under the business radar.

We don't know alot about the company apart from its great bottom -line so thought it would be a good idea to put some questions to the company CFO Gordon Macleod and have a poke around the facts and figures behind that great financial posterior.

With that in mind I thought I would like my readers to put some questions to Gordon and Ryman.

Please leave your questions here at the bottom of this post or email me here.


Share Investor Q & As

Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison


Ryman Healthcare @ Share Investor

Ryman Healthcare Ltd: Australian Expansion Needs Care
Long Term View: Ryman Healthcare Ltd
Stock of the Week: Ryman Healthcare Ltd
Why did you buy that stock? [Ryman Healthcare]
Long VS Short: Ryman Healthcare Ltd
Time for retirement?

Discuss RYM @ Share Investor Forum

Download RYM Company Reports

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The Docktor Nickolas Roadshow

The Docktor "Dick" Nickolas Roadshow.

I have the answer ladies and gentlemen! The answer to all your ills, chills, maladies and a cure for that itchy scalp, baldness and those smelly feet.

So step right up folks, step right up and see what I have for you, for a sum I can fix all your problems! Yes folks I have the answer that will save not just your problems but this city, no this country, no folks the world's problems!!

I am talking about genuine, no nonsense, all purpose, Government guaranteed, personally backed by myself, a qualified purveyor of all that cures, quality gilt edged carbon credits!

Yes folks carbon is what it is and credit is what you will get if you purchase, but you have to purchase now before time runs out!!!

What was that Sir?!

No, No, No, its real, its based on reele cience and backed by those that have been making this stuff up for years!!

What is that Sir?!

Folks, that man over there asks does it work, I cant tell you those things but folks you just have to give it a go and you will find out, trust me I am qualified, I'm a docktor !!

What is that Sir?!

He asks how much it costs folks!

Mere pennies ladies and gents, mere pennies.

What was that Sir?

Sir says he doesn't believe me!!!!

Don't listen to him folks, I know most of you believe me and after all I have cience on my side!!

The crowd leaves having bought all the credit they could lay their hands on.

Docktor Nickolas leaves with heavy pockets having picked everyone elses in the crowd, all except the lone wolf with the big mouth who just lit an open fire to warm his cold hands with the paper that the crowd had given him after they found out quite quickly that the doctor had in fact conned them.

This really is the best way to keep warm he thought to himself.


Related Share Investor Reading

Rod Oram: On the Prius to Obscurity
Another reason to ignore Rod Oram
Rob Fyfe's "Environmental Extremism"
Carbon Credit Trading puts markets at extreme risk
Mark Weldon Strikes out on Carbon Trading
Quote of the year
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead
Mark Weldon in two minds about carbon trading

Related links

Kristen Byrne: Ponder the Maunder - a 15 year old schoolgirl debunks climate change myth


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