Would most likely lie with being able to claim back on the leverage. Not so sure you could do this as effectively with margin loans but the risk outweighs the tax advantages.
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Except for ipo's, the stock market is a second hand market. The companies get nothing for these shares price or trades. Ipo's I've seen seem to get filled with current demand levels. Also, people just chucking their money in the bank or deposits on mortgages enable banks to invest in the stock market. So, aside from people not getting the gains they should from their bank and kiwisaver accounts, I don't think it's too damaging for the economy :)
NPH is trading at $3.08 at present,up 18.46% on its issue price of $2.60.....
A bi off track there. Lewy. For a start, banks don't invest in the stockmarket, their wealth management or Kiwisaver subsidiaries do, on investors' behalf; their nominee subsidiaries might, on customers' behalf.
That what my thoughts on AIA and POT.... overpriced but the price is kept raising up na d up..
NZ log export prices bottom out after slump
https://www.nzherald.co.nz/business/...ectid=12261667
Napier had proposed dividend of 2.9-3.3% dividend planned for 2020 fully imputed, so higher in total, based off a $2.60 price. I am guessing that now almost 22% increase in capital value will decrease the value of your dividend by 22%, down to $2.26-2.57%. POT is 2.87%..... I am only comparing dividend yield until I see how well they stand in their earnings. Well done to holders so far, but there are better shares to purchase at these prices I feel. Of course DYOR
new highs again today
$3.27 is a nice 25% increase.
reckon the trade talks USA/China have a bit of good news left to run, so Im holding out for an even more crazy $3.50 before selling up.