Are these the best 4 shares on NZX in 2021?

3 min read | November 04, 2021 08:50 PM NZDT | By Neha Simpy

Highlights

  • New Zealand’s Exchange has a marketplace where listed shares and funds are traded on a daily basis.
  • Oceania Healthcare is expected to release its interim results by 29 November.
  • Recently, Ryman has procured land in the nearby area of its current Victorian locations.

The national stock exchange, New Zealand’s Exchange, has a marketplace where listed shares and funds are traded on a daily basis.

The NZX boosts the growth and development of its core market business and makes sure that it is well connected to NZ investors, NZX-owned Smartshares, ETFs and SuperLife-provided KiwiSaver.

Let’s take a look at some of the renowned companies listed on the NZX and check their updates.

Oceania Healthcare Limited (NZX:OCA; ASX:OCA)

Owner and operator of several retirement villages, Oceania Healthcare Limited, would be declaring its interim results for the 6-month duration ended September this year by 29 November.

In its 10 months results for the period ended 31 March 2021, the Company distributed a final dividend of 2.1 cps, which was paid on 22 June 2021. During the period, the Company’s total assets surged by 22% to NZ$1.9 billion, compared to pcp.

On 4 November, at the time of writing, Oceania was trading at NZ$1.350, declining by 0.74%.

NZX and ASX listed companies- OCA, RYM, MFT, EBO

 Image source: © 2021 Kalkine Media New Zealand Ltd, data source- EODHD/Others

Ryman Healthcare Limited (NZX:RYM)

Another retirement village operator in NZ, Ryman Healthcare Limited has been functional for more than 35 years.

Last week, the Company notified that it had procured further land in the nearby area of its current Victorian locations. It has bought Essendon Terrace retirement apartments in Essendon.

Apart from this, Ryman also bought 2.35ha block of land, in the vicinity to its functioning Deborah Cheetham Retirement Village.

In its full-year results for the period to March this year, the Company declared 13.6 cps of dividend, which was paid on 18 June. Its total assets increased by 19.5% to NZ$9.17 billion.

On 4 November, Ryman was trading on the NZX at NZ$14.1, decreasing by 0.42%.

Mainfreight Limited (NZX:MFT)

NZ-based logistics and transport entity, Mainfreight Limited, is one of the biggest freight companies in the region.

Lately, Craig Evans, who is heading the Company’s NZ operations, conveyed his plan to quit the Company by January next year, after spending three decades with the Company.

In its annual results for the period until March this year, a dividend amount of 45 cps was paid by the Company by 16 July 2021. Also, during the period, the Company clocked the revenue of NZ$3,544 billion, up by 14.5% on pcp.

On 4 November, Mainfreight fell by 0.32%, at the time of writing, at NZ$86.750.

Ebos Group Limited (NZX:EBO; ASX:EBO)

A market leader, wholesaler, and distributor of healthcare products Ebos Group Limited operates in both Australia and New Zealand.

Last month, the Company held its Annual Meeting where both the Chairman and the CEO gave their speech highlighting FY21 results and the Company’s of-late activities.

In August, the Company released its full-year results for the period closed June 2021. During the period, the Company’s revenue surpassed NZ$9 billion, and was up by 5% to stand at NZ$9.2 billion.

The dividend declared for the period was 46 cps, which rose by 15% on pcp.

At the time of writing, on 4 November, Ebos declined by 0.25% at NZ$35.44.

Bottom Line

Often, stocks with solid fundamentals attain new heights on a stock exchange. New Zealand is often associated with scenic beauty and haven for travellers. Apart from that, the country also boasts a stock exchange with robust companies to pick and choose from.


Disclaimer

The content on this website, including, but not limited to, any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (“Content”) is a service provided by Kalkine Media New Zealand Limited (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide financial advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests users seek financial advice from a financial advice provider, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all liability to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without any express or implied warranties of any kind. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit a source wherever it is indicated or is found to be necessary or desirable.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.