Tuesday, October 30, 2018

Sky City: Turmoil in Market Brings Bargains.




You can tell in reasonably excited when i get out and write something on this here blog.

The SKC share price is close to a 1 year low.

It could go lower but at current levels of payout its paying close to a 5.5% return.

At these levels it is a steal at current prices without taking into account the huge levels of building around Sky City in New Zealand and Australia, where they operate.

Im sticking this one here on my watch-list.

What i want to know was who was buying at $4.30 levels just a few months back? 




Sky City Entertainment Group @ Share Investor

Sky City Entertainment Group Ltd: The Americas Cup
Share Investor's 2016 Stock Picks
Sky City gets the 2nd deal
Sky City Expansion: Adelaide Spreads on the Riverbank
Sky City to pay for National Convention Centre
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council
Sky City Gaming: Morningstars look at Sky City's gaming
Share Investor's Total Returns: Sky City Entertainment Group Ltd
Sky City Entertainment Group Ltd: Presentation to Macquarie Group
Morningstar Revalues Sky City Entertainment Group
Guest Post - Michele Hewitson Interview: Nigel Morrison
Failed Sky City bid for Christchurch Casino good news for Shareholders
Sky City Entertainment Group Ltd: Christchurch Casino bid falls short of Investment Criteria
Sky City Entertainment Group Ltd: Never mind the width feel the volume
Sky City Annual Meeting & 2011 - 2012 Profit Forecast
Stock of the Week: Sky City Entertainment Group Ltd
Sky City set to lose National Convention Centre bid
Sky City Entertainment Group: Australian Acquisition on the Cards?
Sky City Entertainment Group Ltd: 2010 Full Year Profit Analysis
Sky City Entertainment Group 2010 Full Year Profit Preview
Chart of the Week: Sky City Entertainment Group Ltd
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Share Investor Q & A: Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser



Discuss SKC @ Share Investor Forum





c Shareinvestor 2018








Wednesday, September 26, 2018

Mainfreight: $50 Bucks and Beyond

Image result for 50 buck note


I don't know about you but I have been watching the upwards trend in share price of Mainfreight Ltd with much interest, which is why I did one of these last year before the profit announcement in May 2017.

First of all its no surprise to me why its up.


Its well run, self critical and critical of others where its business is being affected and very few announcements to the market.


Lets have a look at some essential figs.



2018

*Net Reported Profit  112.22 mil
*Price Earnings Ratio (P/E) 17.27
*Earnings per Share (EPS) 112.24
*Net Tangible Assets per share 483.40c
*Total Net Div Paid  45c
*Div Yield 1.51%
*Market Cap 3,003,000,000


2017

*Net Reported Profit  88 mil

*Price Earnings Ratio (P/E) 23.29
*Earnings per Share (EPS) 96.24
*Net Tangible Assets per share 329.21c
*Total Net Div Paid  40c
*Div Yield 1.6%
*Market Cap 2,275,000,000



Source - Morningstar



It is currently trading at $29.92c and has closed as high as $31.10c last week and i expect it to trend upwards given the latest figures and the market sentiment that the next profit result out Nov 2018 will be a real doozy.

They - MFT - have finally got it right. They just have to stitch together the various branches tightly and not lose the momentum that they obviously have.

They are winning major new clients.

The only rider to all this going on is if we have a major slowdown in trading between nations.

Peace out.




Mainfreight @ Share Investor

Is Mainfreight Worth 30 Bucks a Share?
Is Mainfreight Worth 20 Bucks Plus a Share?
Share Price Alert: Mainfreight Ltd 2
Mainfreight's European Acquisition a Good Move
Share Price Alert: Mainfreight Ltd
Investing in the Stockmarket: Timing your Purchase
Stock of the Week: Mainfreight Ltd
Mainfreight Ltd: 2011 1st quarter Profit Analysis
VIDEO: Don Braid with Paul Homes on the Economy
Mainfreight Ltd: Full Year 2010 Profit Analysis
Long Term View: Mainfreight Ltd
Share Investor Interview: Mainfreight's MD Don Braid
Stock of the Week: Mainfreight Ltd
Questions to Mainfreight's MD Don Braid
I'm Buying: Mainfreight Management delivers the goods
Mainfreight Annual Report Packs a Punch
Analysis - Mainfreight Ltd: FY Profit to 31/03/09
Mainfreight VS KiwiRail: The Sequel
Long VS Short: Mainfreight Ltd
Why did you buy that stock? [Mainfreight Ltd]
Mainfreight 2008 Annual report worth reading
KiwiRail will cost Mainfreight
Mainfreight keeps on truckin
A rare breed
Share Investor's 2008 stock picks


Discuss MFT @ Shareinvestor 





Share Investor 2018








Friday, September 21, 2018

Is Mainfreight Worth 30 Bucks Per Share?

Image result for 30 dollar note nz


Related image


Editors Gloating note: I have republished this in honour of the precedent set yesterday. Long may it continue.


I don't know about you but I have been watching the upwards trend in share price of Mainfreight Ltd [MFT.NZwith much interest.

First of all its no surprise to me why its up.


Its well run, self critical and critical of others where its business is being affected and very few announcements to the market.


Lets have a look at some essential figs.


2017


*Net Reported Profit  88 mil

*Price Earnings Ratio (P/E) 23.29
*Earnings per Share (EPS) 96.24
*Net Tangible Assets per share 329.21c
*Total Net Div Paid (last full financial year) 40c
*Div Yield 1.6%
*Market Cap 2,275,000,000



*2016


*Net Reported Profit   88 mil

*Price Earnings Ratio (P/E) 22.65
*Earnings per Share (EPS) 96.24
*Net Tangible Assets per share 329.21c
*Total Net Div Paid (last full financial year) 40c
*Div Yield 1.79%
*Market Cap 2,079,000,000

*Dec 30



2011


*Net Reported Profit  26 mil

*Price Earnings Ratio (P/E) 13.92 
*Earnings per Share (EPS) 47.88
*Net Tangible Assets per share 1.86
*Total Net Div Paid (last full financial year) 19c
*Div Yield 2.24%
*Market Cap 880,000,000


Source - Morningstar


Since Dec 30 2016 when the share price was $20.71 the share has packed on nearly 2 bucks to be trading at $22.60 currently.


It is trading at these record levels largely because of positive sentiment and it is because it is a great company.


I don't have any motivations either way, i'm keeping this stock until the day I die with a possible big payoff when the vultures circle and they will but either way I don't think it will be enough to tempt the heads of Mainfreight.


It certainly won't tempt me. You would have to be talking well north of $50 to get me to release these.


I'm enjoying this run and feel this May's profit announcement will be a stunner.


The global logistics biz can be a hard beast at the best of times but I feel - the second feel in as many sentences -  that Mainfreight have finally got their ducks in a row.


Can't wait until 30th May. 




Mainfreight @ Share Investor

Read the MFT 2011 FY Presentation

Is Mainfreight Worth 20 Bucks Plus a Share?
Share Price Alert: Mainfreight Ltd 2
Mainfreight's European Acquisition a Good Move
Share Price Alert: Mainfreight Ltd
Investing in the Stockmarket: Timing your Purchase
Stock of the Week: Mainfreight Ltd
Mainfreight Ltd: 2011 1st quarter Profit Analysis
VIDEO: Don Braid with Paul Homes on the Economy
Mainfreight Ltd: Full Year 2010 Profit Analysis
Long Term View: Mainfreight Ltd
Share Investor Interview: Mainfreight's MD Don Braid
Stock of the Week: Mainfreight Ltd
Questions to Mainfreight's MD Don Braid
I'm Buying: Mainfreight Management delivers the goods
Mainfreight Annual Report Packs a Punch
Analysis - Mainfreight Ltd: FY Profit to 31/03/09
Mainfreight VS KiwiRail: The Sequel
Long VS Short: Mainfreight Ltd
Why did you buy that stock? [Mainfreight Ltd]
Mainfreight 2008 Annual report worth reading
KiwiRail will cost Mainfreight
Mainfreight keeps on truckin
A rare breed
Share Investor's 2008 stock picks

Discuss MFT @ Shareinvestor 








Share Investor 2017





Tuesday, August 21, 2018

Hallenstein Glasson: What Do I Do?




Hallenstein Glasson Holdings Ltd is a stock I haven't looked at here since Jan 23 2017.

In case your wondering I now operate from here.

I have owned this particular stock this time for 7 years.

I write this particular column this time because of the recent rise in share price from just under 4 bucks at the beginning of the year to finish yesterday at $6.03.

People like me have loved this stock for years. It is well run by a bunch of penny pincers and has no debt.

As of writing its still paying a net 6.23 % div, which is the MOST on the New Zealand market.

It looks like it is finally making head way and they have got all their ducks in a row.

Online they are doing exceptionally well and Glassons and Hallensteins, their two brands have not really done any better.

They have in fact got a mate who is buying up Hallensteins shares 1a for the past 3 weeks and he now owns - buy my calculations - around 10% of outstanding shares. 

Which makes him the 2nd largest shareholder after Tim Glasson.

I own this stock because it pays me well over a 20% pa return and I have no problem keeping it.

You would have to give me somewhere north of $7 bucks to get rid of it.

You would own it first for its still good return and for the fact that some other chap about 2000 miles from here is interested too.

DYOR. 



Hallenstein Glasson @ Share Investor


Hallenstein Glasson: Sold By Days End?

Share Price Alert: Hallenstein Glasson Holdings Ltd 3
Share Price Alert: Hallenstein Glasson Holdings Ltd 2
Share Price Alert: Hallenstein Glasson Holdings Ltd
Hallenstein Glassons Ltd: Should I stay or should I Go?
Mixed Retail Outlook
Long Term View: Hallenstein Glasson Holdings Ltd
The History Of: Hallenstein Glasson Holdings Ltd
Hallenstein Guidance not indicative of wider retail recovery
Stock of the Week: Hallenstein Glasson
Hallenstein Glasson Australian expansion needs expert execution
Why did you buy that stock? [Hallenstein Glasson]

Discuss HLG @ Share Investor Group 





Share Investor 2018