NZX - NZ Exchange

[BlackPeter]

What an amazing uptrend for one of the smallest (but certainly not most nimble) dinosaurs under all the stock exchanges.

average (long term) PE = 40; forward PE (based on analyst estimates) = 34; earnings CAGR (backwards) =3, forwards = 4;

Is this a case of buy anything which moves ... or do people see sense in what happened to the NZX share price? Even the dividend return is now below 3% ... and certainly not risk free ...

[nztx]

What an amazing uptrend for one of the smallest (but certainly not most nimble) dinosaurs under all the stock exchanges.

average (long term) PE = 40; forward PE (based on analyst estimates) = 34; earnings CAGR (backwards) =3, forwards = 4;

Is this a case of buy anything which moves ... or do people see sense in what happened to the NZX share price? Even the dividend return is now below 3% ... and certainly not risk free ...

Indeed quite a recent SP upwards trend - I remember when it was nearer the $1.20 mark no so long ago

perhaps the perception is steady as she goes - the exchange stock is as safe as houses (as long as things overall keep appreciating)

[Greekwatchdog]

My average is $1.10 and is number 4 in my portfolio. I think this is a nice defensive stock and pretty safe, could say boring. They have a broad range of products so balanced earner. I like their plan and look forward to seeing how they execute. Lots more interest in market today from a younger generation bodes well.

[Cricketfan]

Something weird going on with their website this morning...

[nztx]

Something weird going on with their website this morning...

Indeed .. perhaps someone @ NZX took off with the Friday's database in their lunchbox & haven't returned ?

[nztx]

Sorry Folks - due to current site lag -- the deleted post was a double-up

[mikelee]

yeah, AIA's opening price showing as 0.00
I though even the current price of $7.50 + was an error too
It's not just the NZX site though, I've noticed that it's really hard accessing other offshore sites too.

[LaserEyeKiwi]

good news for NZX KiwiSaver product: it has been selected as one of the 6 default KiwiSaver providers

https://www.nzx.com/announcements/372176

[LaserEyeKiwi]

more coverage:

https://www.stuff.co.nz/business/300...iders-overhaul

[silu]

more coverage:

https://www.stuff.co.nz/business/300...iders-overhaul

Good. What was more frustrating? Seeing some of those default providers charging heaps for not much or trying to get a couple of my friends to get out of those funds. Ultimately I actually blame my friends. The amount of money they left off the table is mind boggling.

discl. I have SuperLife as my Kiwisaver provider and am very happy with the returns I got so far and their fee structure.