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Brokers have chosen different stock portfolios for 2018 of the time, and in many cases have chosen stocks that have not performed well in the past year or so.
It is always worth remembering that winning a broker pick competition requires different strategies to make daily investments.
A year is an arbitrary time frame-usually not long enough for value investors, but too long for traders.
It is interesting how participants choose different spectra to try to capture the annual results of the market.
Hamilton hinding Green is most inclined to invest in value, picking mature stocks that have fallen out of favor and may bring about trading.
The two most obvious examples of their choice were Fletcher Construction and convita, both of which were punished by investors in 2017.
James Smalley of Hamilton hinding Green said: "The Fletcher Building aired a lot of dirty clothes in 2017, and the risk is still getting more and more exposed, we think, announcements to date and recent audits by KPMG limit the risk of major surprises.
Smalley and his team noted, "When you remove the downgrade associated with the building and interior design business unit, Fletcher House actually has a reasonable year.
"We expect that most departments will continue to maintain strong performance, and the construction and interior design business will resume more normal performance.
"Comvita went through a difficult year, with its share price falling 37 cents at one point until it almost returned to its balance of payments in December.
"This decline is the result of investors' concerns that the honey harvest is below its usual level, the discovery of myrtle rust on the North Island and the decline in production.
"In gray channel sales," Smalley said . ".
"We believe that these adverse factors are temporary, and with the support of improved climate conditions, China's continued demand for the natural health care products market, and favorable social trends, we see a huge upside potential.
Hamilton hinding Green also chose SkyCity and Sky TV.
SkyCity's share price has been fluctuating sideways for several years as the company continues to invest heavily in the expansion of its business in Auckland and Adelaide.
Smalley noted that we expect the benefits of this investment to be realized in the coming years.
Given the widespread belief that Sky TV has a limited service model for satellite transmission, Sky TV seems to be a more bizarre game.
Since 2014, Sky TV's share price has been steadily declining, and accelerated its decline in 2017, hitting the full range.
Smalley noted a time low in December.
"This is based on investors' concerns about alternative Internet products such as Netflix and the threat that Amazon has always been.
Nevertheless, it is worth noting that Sky's revenue is still higher than the level in 2013 and the number of subscribers is higher than the level in 2012.
"This brings potential short-term benefits to the rights background of All Black rugby.
"We believe that given the complexity of the contract with Sanzaar and the wider scope of the rugby content distribution obligation, Sky is still a possible candidate.
Negotiations are expected to begin in April 2018, and investor concerns may be eased.
The company's liabilities are relatively low, with total debt accounting for only 2017 of free cash flow over 20 months.
This free cash flow should also support double-digit dividends at current prices.
"Craig investment partners have adopted a similar approach to established stocks, but tend to those that have performed well in 2017 and may continue to operate.
Mark Lister, head of Craog research, pointed out that it would be good if a2 milk was added to the mixture for 2017 (
Return 274).
While the a2 chart may be a bit shocking for some, "The fact is that a considerable portion of the revenue is driven by fundamental improvements in the business," Lister said ".
In 2014, the EBITDA generated by a2 was only $3.
Increased to $141 in 2017.
This is expected to grow further and EBITDA is expected to exceed $250 in the coming year.
Forsyth Barr also has a2 in the 2018-pound election.
Tourism Holdings is another strong performance that craig chose to continue operating in 2018.
It offers a close return for 2017.
"Despite some capacity problems in places such as Queenstown, the tourism sector is still in a very good state," Lister said. THL is also a very different company from a decade ago, as management has made great progress in reshaping the business and positioning it for growth.
More than half of the company's revenue comes from outside New Zealand, so it also meets our requirements in terms of global growth options and some international diversity.
"The only stock selected by three brokerage companies this year is the restaurant brand-another company that has performed strongly as of 2017.
Craig, Hobson's wealth partner god of fire capital has its mix. "[
Restaurant brand is
With a global expansion plan and continuous rolling, it is in a good position to continue its impressive growth trajectory
Hobson Wealth Partners noted that the store was updated.
"RBD has about 45 revenue coming from outside New Zealand, which provides some isolation for a potential economic slowdown, which is a benefit of the weak dollar in New Zealand, as well as some international growth opportunities," Lister said.
"After that, the right to choose the show began to become very diverse.
Some brokers have selected small-cap stocks that have the potential to gain a larger percentage if they attract the attention of the market.
MSL capital markets are aligned with Green Cross Health and Plexure-the two companies dragged their performance down in 2017.
Green Cross Health is a diversified health care business (
Have or support 330 pharmacies under the brand of living pharmacy and Unichem, 23,000 community care customers and 46 medical centers).
"This is our preferred engagement with the healthcare sector and the aging population theme," said Andrew McDouall of MSL . ".
"The arrival of overseas competition on the pharmaceutical sector has seen a weak share price, which we think is an excessive competition.
A purchase opportunity is offered.
Plexure is a digital advertising company (
Originally called V-Mob).
McDouall pointed out that it started making profits in 2017 and now has less than doubled sales revenue.
"Given the quality of their main contract with McDonald's and the worldwide promotion of McDonald's franchises, revenue in 2018 should have increased significantly," he said . ".
This year, New Zealand First Capital has also selected a number of outsiders, including EROAD, a technology company specializing in road transport payment solutions.
The level and renewable energy of solar energy and wind power generation players
Combined with Trustpower.
This year's ultimate speculative game comes from Brett Wilkinson of waken, who includes a company called QEX logistics, which is expected to go public in January.
Wilkinson noted that the directors of QEX include Conor English, former Federal Farmer Chairman (Bill's brother)
Danny Chan, a local rich businessman, has completed the financing and is ready to go public.
However, NZX points out (
When writing)
QEX logistics has not yet issued a notice of listing and quotation.
Disclaimer-players should recognize that the results of the broker's selection are distorted by some features of the game.
This data does not include broker fees.
Brokers are asked to choose the best short Securities
Semester performance.
For example, if they are asked to choose a five-
The results may vary this year.
This survey does not allow brokers to review options during the year.
The investigation suggestssize-fits-all approach.
It does not take into account the needs of individual circumstances, such as the investor's risk appetite, income or tax situation.
The views expressed do not constitute personalized financial advice and do not target anyone.
Finally, past performance does not guarantee future performance.
We hope it will provide a good foundation for further research and discussion on investing in the local market.