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Sharesight users' top 20 trades on the NZX for 2021

by Olivia Bird, Sharesight | Dec 10th 2021

Each year, Sharesight looks back at the top 20 buy and sell trades made by Sharesight users throughout the year. Welcome to the 2021 edition of our annual trading snapshot, where we explore the top trades users have made in stocks on the NZX this year, plus the market-moving news behind them.

Top 20 NZX stocks traded in 2021

image 0 NZX top trades 2021

In this yearly snapshot, trades were led by the Smartshares NZ Top 50 (NZX: FNZ) and US 500 (NZX: USF) ETFs, as well as a2 Milk (NZX: ATM), which saw its share price plummet throughout 2021 due to the lagging Chinese market. Other top trades include Air New Zealand (NZX: AIR), which has had a tumultuous year due to COVID-related uncertainty, as well as Contact Energy (NZX: CEN), which expanded its business and boosted profits. NZX trades were varied overall, comprising a mixture of ETFs and equities in a wide range of sectors.

Let’s look at the news behind the key stocks in this year’s snapshot:

a2 Milk (NZX: ATM)

January: a2 one step closer to acquiring majority of Mataura Valley Milk
March: a2 supplier sees half year net profit plummet by 76% due to lack of demand
April: Share price hits multi-year low after stock downgraded to ‘hold’ rating
May: a2 forced to dump NZ$96m of expired infant formula due to reduced Chinese demand
July: a2 shares drop following Chinese birth policy reforms
August: a2 reports 79% profit loss; warns of difficult year ahead
October: a2 Milk sheds AU$630 million in value as shareholders fret over lagging Chinese market
November: a2 facing another shareholder lawsuit over share price collapse

Air New Zealand (NZX: AIR)

January: Airlines need NZ$600 million to keep air links to NZ open, says airline group
February: Air NZ will trial digital COVID-19 vaccine passport on Sydney flights
March: Air NZ to operate non-stop flights between Auckland and Hobart once trans-Tasman bubble is established
April: Air NZ government loan increased from NZ$900 million to NZ$1.5 billion
May: Appoints Paul McLean as new GM for Australia
July: Air NZ dethroned as the world’s best airline by Qatar Airways
September: Announces partnership with Airbus to work on carbon-free hydrogen planes
October: Air NZ suspends cash burn guidance; draws down loan due to COVID uncertainty
November: Records 17,000 bookings in a day as travel restrictions relaxed

Contact Energy (NZX: CEN)

February: Contact Energy launches NZ$400 million capital raise to fund geothermal power station
March: Completes oversubscribed NZ$75 million retail entitlement offer
April: Contact Energy acquires Western Energy Services
August: Contact Energy boosts net profit by 50%; reduces annual dividend
September: Secures contract to supply renewable energy to NZ data centre
November: Contact Energy warns closure of gas power plants will be ‘chaotic’

Mainfreight (NZX: MFT)

February: Mainfreight reports share price increased 71% over the past year
May: Rewards staff with a hike in bonuses after NZ$11.2 million gain in the year to March
August: Mainfreight sets a new 52-week high as share price reaches NZ$92.91
October: Mainfreight adds 2 FUSO electric trucks in their bid for sustainability

Meridian Energy (NZX: MEL)

January: Meridian Energy shares surge 10% on investment from clean energy ETFs
April: BlackRock sells 106 million shares of Meridian Energy
July: Meridian to collaborate with Contact Energy on world’s largest green hydrogen plant in NZ
September: Despite delays, Meridian to continue building oil refinery in North Dakota
October: Meridian shortlists bidders for sale of Australian business
November: Meridian to sell Australian business to Shell and ICG for NZ$753 million

Spark New Zealand (NZX: SPK)

March: Spark opens innovation hub for businesses looking to test out IoT, 5G technology
August: Reports revenue declined 0.8% due to NZ$38 million roaming revenues loss in FY21
September: Spark removes broadband data caps to support Kiwis through extended lockdown
October: Spark struggling in the last three months; share price down 4.6%

Fisher & Paykel Healthcare (NZX: FBH)

January: Fisher & Paykel profit surged 73% since the beginning of the pandemic
May: Fisher & Paykel to give staff NZ$29 million bonus after record NZ$524 million full year profit
June: Share price drops 3.3% over concerns of slowing growth as vaccines bring COVID-19 pandemic under control
August: In FY22 trading update, Fisher & Paykel announces total sales declined 14%, influenced by reduced COVID-19 hospital admissions
October: Fisher & Paykel launch Evora Full, a full face mask for sleep apnea

Oceania Healthcare (NZX: OCA)

January: Sales up 44% for Oceania Healthcare
March: Oceania raises NZ$80 million for Auckland expansion plans
May: Oceania announces sales volumes are 26% ahead of last year
July: Oceania appoints new CEO Brent Pattison
August: Oceania share price 50% higher YoY
November: Increases interim profit by 22% despite COVID disruptions

Pacific Edge (NZX: PEB)

March: Pacific Edge reports total revenue increased 101% to NZ$10.4 million in FY21
April: Share price spikes after Pacific Edge reports Cxbladder tests are covered by United Healthcare
August: Share price drops following false announcement of NZ$73 million capital raise
September: Pacific Edge dual lists on the ASX
October: Pacific Edge named in Deloitte Fast 50 Awards

Infratil (NZX: IFT)

February: Infratil announces Jason Boyes as new CEO
March: Pockets NZ$1.4 billion after selling 65% stake in Tilt Renewables
April: Infratil buys majority stake in Pacific Radiology Group; share price jumps on acquisition news
September: Infratil commits to US$233 million development of renewables in Asia
October: Infratil obtains 40% stake in London data centre business, Kao Data
November: Reports largest ever surplus due to sale of renewable energy business; flags bigger divided

Ryman Healthcare (NZX: RYM)

May: Ryman CEO Gordon MacLeod announces resignation
June: Ryman Healthcare buys site in Melbourne to build AU$165 million retirement village
July: Ryman Healthcare announces NZ$403 million in cash receipts in Q1, an 82% increase
August: Proposed Mornington Peninsula development rejected by VCAT
October: Ryman makes first acquisition of Essendon Terrace retirement village
November: Ryman grows first-half profit; anticipates pent-up demand

Auckland International Airport (NZX: AIA)

February: AIA reports 80% profit decrease in latest earnings report; first loss since 1998
May: AIA CEO resigns after "sudden, highly disruptive" COVID-19 impact
June: Passenger traffic in AIA up 747% since May 2020 due to the Trans Tasman bubble
July: AIA share price propelled by Sydney Airport takeover bid
August: AIA reports total revenue down 50.4% to NZ$281 million YoY
October: Share price increases after AIA appoints Carrie Hurihanganui as new CEO

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