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Hamilton Hindin Greene News

NZ Banks Increasingly Worried About House Prices

NZ Banks have huge exposure to the housing market, with $320 bn of residential lending. It therefore makes a lot of sense to listen to what they are saying regarding the housing market at present. Currently all five of New Zealand’s major banks expect house prices to drop in 2022.

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The a2 Milk Company – Update

A2 Milk has had a disappointing year, having fallen from $21 NZD per share in July 2020 to under $6 at its lowest. Nevertheless, shares in a2 Milk continue to screen as good value at current prices. A2’s brand metrics remain healthy. A2 shares have fallen primarily due to the

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International Opportunity – WiseTech Global

WiseTech’s Annual Profit Doubles as Container Volumes Rise – WTC.ASX Logistics software firm WiseTech Global Ltd, said annual profit more than doubled, as container volumes recovered from the prior year’s Covid-related disruptions. The Australia-listed company reported an underlying net profit for the 12 months through to June of 105.8 million

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Scottish Mortgage Trust – Investment Update

Biotech stake spikes tenfold as SPAC listing looms One of Scottish Mortgage’s portfolio holding that has already offered a tenfold return on capital, is poised to offer a chunky exit as it merges with a special-purpose acquisition company (SPAC). Ginkgo Bioworks, an off-market business that engineers micro-organisms for industrial use,

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Reporting Season Round Up

Summerset Group Limited Summerset Group Limited delivered record a record 1H (first half) underlying net profit (i.e. excluding valuation gains) of $75.5m, which was far ahead of most analysts’ expectations. This net profit was generated from equally impressive record new sales and resales, showing the strength of the business. Off

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Rate Rises on Hold For Now

Since March of last year, global share markets have had their most volatile period in 270 years. The recent Delta outbreak in New Zealand has seen the Reserve Bank of New Zealand pause on their expected interest rates increases. Confirmation that we have contained Delta will likely see interest rates

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Ethical Investing

We can all agree that Climate Change, societal inequality, and human rights abuses are a disappointing reality of economic progress, and while our individual actions may not appear to effect material change, collectively we have the opportunity to make an impact through our consumption decisions, and more importantly, with our

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