Investore Property's portfolio of 39 large format retail
properties offers a defensive exposure to non-discretionary
retail spending, something which is unique among its listed
peers, Forsyth Barr broker Lyn Howe says.
ASB is sticking to its season milk price forecast of $6 per
kg of milk solids, although rural economist Nathan Penny says
to maintain the forecast, prices will have to rise materially
in coming months.
Small-cap companies carry higher liquidity and visibility
risks than their large-cap peers but Forsyth Barr broker
Suzanne Kinnaird says this means some will possess positive
attributes that may not be fully priced in. She talks to
business editor Dene Mackenzie.