Tuesday, 20 March 2012

Ware

Warehouse Group
The prices of shares increased from 2.5 pershare to 2.7 on the 14th of march, the reason for the increase in price is due to the increase in revenue $937.941 million versus $907.950 million in 2011, an increase of 3.3 % with a Significant growth in Online sales of 63%, albeit from a low base. Auckland, 9 March 2012 – The board of The Warehouse Group today announced a net profit after tax of $54.0 million, up 3.3% compared to $52.3 million last year. Adjusted net profit after tax for the period was $46.7 million compared to $53.0 million last year, down 11.9%.
Group sales for the half year were $937.9 million, up 3.3% compared to the first half last year.
The Directors have declared an interim dividend of 13.5 cents per share, representing 90% of adjusted earnings, which is 2 cents less than last year’s interim dividend.Warehouse Stationery sales were $100.1 million up 2.1% compared to last year. Same store sales were up 2.2% for the half and up 3.9% for the second quarter. Operating profit for the half year was down 15.5% to $3.1 million. THe sales for technology and beauty products showed the most increase and are likely to increase in the future. The stock prices are likely to increases steadily in the future  but it wont reach its highest of around 3.7 dollars during the second quarter of 2011.

Tuesday, 13 March 2012

NZOG

NZ Oil And Gas
The stock price for New Zealand oil and gas increase from $.75 to $.77 on the 14th of march
This happen due to NZOG purchasing Pike River Coal Ltd(which was in receivership) and its assets NZOG Chief Executive Andrew Knight says it is excellent news.
“The Receivers and Solid Energy both now have the objective of successfully completing the sale and purchase of PRCL and its assets, and are negotiating in good faith to achieve that. The purchase of PRCL expands their the amount for assets, thus they feel confident enough to increase their share prices. I expect the share prices to increase followed a period of constant share prices. Based on the rate of the increase in share prices for NZOG i do not expect it to be over $1 in the next 12 months Beacause of this you should buy shares from NZ oil and Gas

Tuesday, 6 March 2012

ANZ
The stock price for  Australia and New Zealand Banking Group Limited Has increased from $28 on wedensday 29th of Februar to 28.6  the increase may have come due to y That the underlying profit for the last three months 351million up 17% on the corresponding period last year.Statutory profit for the three months was $415 million, with the difference mainly due to fair value gains on derivatives.ANZ New Zealand Chief Executive Officer David Hisco said: “This is another good performance. We are continuing to strengthen the bank by focusing on our customers, simplifying the business and tightly managing costs. While economic growth in New Zealand remains subdued, our sound financial position means we are well placed to keep delivering to customers while supporting businesses and the economic recovery.Based on their increasing profits i expect the stock prices to slowly increase in the next 6-12 months

 
Air New Zealand

The stock price for Air New Zealand has moved from $0.865 on Wednesday 29th of February to $0.85 on Wednesday 7th March the change may have come due to Air New Zealand’s announcement that they plan to change their loyalty system to make potential passengers ‘bid’ against each other to gain upgrades in their flights. The changes have left many users of the passenger airline angry and may have helped in the small loss to their stock price due to the negative feedback received from users of the airline threatening to use rival airlines. Based on these factors I believe Air New Zealand’s stock price will continue to fall slowly as their seems to be more negative than positive news being released by the company.



Fisher and Paykel Healthcare
The stock prices for Fisher and Paykel increased from 2.13 at the end of February to 2.26 on the march 7th. The reason for this sharp increase in price is Fisher & Paykel Healthcare Corporation Limited announced a three-year renewal of their longstanding agreement providing CareFusion the exclusive right to distribute Fisher & Paykel Healthcare products into the U.S. hospital market. Based on the this new announcement and previous trends I believe the stock price will remain relatively constant for the next 6-12 months before another sharp change in price as it as happened before.
Fantasy Stock Traders
 Hello, we are a Impact project group at Albany Senior High School and we a doing an economics project about the trading of stock and predictions.

What We Plan to do for this project
We plan to select 10 companies from the NZX and over a course of 10 weeks we want to predict the price of their shares, then we a going to construct a graph showing the trends of share prices.