Saturday, March 27, 2010

Long Term View: Hellaby 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.

Hellaby Holdings Ltd [HBY.NZ] has been good to its shareholders in terms of returns since its IPO in March 1994 at $NZ1.00 . With $NZ 2.02 cents in net dividends (see chart above) paid and another 33% average of that figure gained for those eligible for associated tax credits, and 1:5 share bonus in 1995 HBY gives a slightly less than 270% return (see chart below for the share price percentage gain against the average of all NZX indexes) over the 16 year listing, an approximate annual net return of just under 17%.

This is approximately a 50% better return when compared to the average of all NZX indexes.

Long Term View Series

Auckland International Airport
Air New Zealand
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

Discuss HBY @ Share Investor Forum

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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c Share Investor 2010


  1. Darren,

    On your site you have an advertisement for a book called

    Theresa Gattung - Bird on a Wire: The Inside Story from a Straight Talking CEO.

    Did you know this?

    I was under the impression you did not think much of her?


  2. Hi Anon, I don't but if you are going to buy her book and DO like her why not buy it from me?

    You think it is hypocritical of me?

  3. Why not review it and let us know if it is worth buying or not?

  4. OK, will do but please keep in mind it will be my opinion. I am biased against her but believe I am fair so lets see how it goes.


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