A couple of small offerings that may be of interest -
http://www.topyields.nl/Top-dividend...s-of-NZX50.php
http://www.valuecruncher.com/ I'd be particularly interested in fundies views on the worth and validity of this site.
Cheers Whirly
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A couple of small offerings that may be of interest -
http://www.topyields.nl/Top-dividend...s-of-NZX50.php
http://www.valuecruncher.com/ I'd be particularly interested in fundies views on the worth and validity of this site.
Cheers Whirly
Whirly,I agee with them AIA is a buy.RYMAN is not a sell.I disagree with them with the following shares I hold; CEN,EBO.FBU,NPX<POT, SKT,SKC$16.59 ? NZS.
I would not use the site again.Your picks in competition look better thought out.
Have just visited topyields,Found it interesting.
Okay, found what you want wbosher (I think). The IRG database is a great source of NZ stock data, both free and subscriber:
http://www.irg.co.nz/irgpages/pricerat.php
I found I could copy and paste the table into Excel Spreadsheet and sort from there. Hope that helps! :)
(Have a look around the site - there is quite a bit of info there.)
Do many people use this dividend discount model?
For example NZ Listed property Trusts and Companies.
What range might you use as "k" in this low interest rate environment?
What about "g"? Hard to see any growth in the short term (1 or even 2 years) for property companies.
For eample GMT forecasts 6.25cents per unit distribution(after tax) for 2012. Bank term deposits (3yrs) are roughly 5.3%(before tax). Assuming 2% growth your capitalization rate would have to be about 8% to justify GMT's current 99cent price. With no growth "k" must be about 6%.
How do people establish their own capitalisation rates and growth rates?
I know the daily prices but how do most people establish value?
I appreciate the figures are arbitrary and noone can see the future but does this formula provide a starting value for anyone.
I havent seen it used much in published research that I've accessed...
Just read 'The Intelligent Investor' and it was a great read :D
I am new to this web site. I read this thread and leant lot. Well informative excellent discussion andvery useful for new comers to the markets in both New Zealand and Australia. . Ihave one question to raise here.
How do we find out ROE ratio for companies listed inNew Zealand and Australia? If anyone can help me out, that would be very much appreciated