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Spark New Zealand

 

Buy Spark New Zealand shares

SPARK NEW ZEALAND (SPK) Shares

ABOUT SPARK NEW ZEALAND

Spark New Zealand Limited was formerly known as Telecom Corporation of New Zealand Limited and provides digital services for communications, entertainment and IT via its networks and cloud to businesses and New Zealanders.

Telecom New Zealand was formed in 1987 from a division of the New Zealand Post Office, and privatised in 1990. It was separated operations into three divisions in 2008 which in turn became separate listed companies.

In 2014, this division changed its name to Spark New Zealand. Its headquarters are in Auckland.

It is also one of the largest companies by value on the New Zealand Exchange (NZX).

OVERVIEW OF SPARK NEW ZEALAND

  • Spark New Zealand Limited offers fixed line telephone services and a mobile network, internet services and is an ICT to NZ businesses.
  • The company operates through three segments: Spark Home, Mobile & Business; Spark Digital, and Spark Connect. The Spark Home, Mobile & Business segment provides fixed line, mobile and internet services to consumers and the small medium business market.
  • The Spark Digital segment integrates information technology and telecommunications services to provide ICT solutions for clients. The Spark Connect segment services wholesale and international customers.
  • Spark Infrastructure owns leading essential service infrastructure businesses and help meet Australia’s future energy needs. It has interests in US Dollar 17.1 billion of energy network assets in total and a workforce of over 5 300 employees. Each of their businesses has strong and stable debt portfolios.

VISION & VALUES OF SPARK NEW ZEALAND

  • Spark New Zealand Limited knows that its people are its greatest strength and that their diversity and ideas inspire innovation and enable them to operate at the forefront, hence they embrace the uniqueness of their people.
  • Spark is also a ‘Rainbow Tick accredited’ company that recognises and welcomes sexual and gender diversity. Its charitable organisation Spark Foundation strives to help the whole country win big in a digital world.
  • The foundation focuses on bridging the digital divide, building digital skills and capabilities in young people.
  • Through the foundation the company also support charities, clubs, schools and not-for profit organisations. Spark New Zealand Limited follows a sustainable value chain to ensure that current and future needs of customers are met and aims to maximise returns, income levels, growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF SPARK NEW ZEALAND

  • Spark New Zealand Limited’s shares trade on the Australian Securities Exchange (ASX) under the stock symbol SPK, listed in the Telecommunication Services sector.
  • Highlights of the company’s performance in 2019 include revenue of US Dollar 3,518.00 million, net income of US Dollar 409.00 million and profit margin 11.63%. It had total assets of US Dollar 4,095.00 million, total liabilities of US Dollar 2,630.00 and debt to assets of 46.03%.
  • Due to Spark New Zealand Limited’s continued good performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.

Buy SPARK NEW ZEALAND stocks / shares – A Step by Step Guide how to Buy / Purchase SPARK NEW ZEALAND Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy SPARK NEW ZEALAND Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SPARK NEW ZEALAND STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE SPARK NEW ZEALAND STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SPARK NEW ZEALAND stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy SPARK NEW ZEALAND stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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