Sunday, February 1, 2009

Long vs Short: Fisher & Paykel Healthcare

http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=FPH&size=1&type=64&time=10yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937


In this forth installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 10 year return (above) to the turmoil of the last year with a 1 year return chart (large chart at bottom of post).

In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view (10 years )and will make a comparison against the NZX50.

In the forth of this segment of Long vs Short I will take a look at Fisher & Paykel Healthcare [FPH.NZ]

I have held 2000 Fisher and Paykel Healthcare shares since May 2007 and have added more since then to take the total to 5000 (see small chart below for detail)

My Portfolio
About
Symbol
Price
Value
Earned
$3.38
$16900
$3550
You own 5000 [FPH.NZ] shares
purchased at $2.67 [$13350]














My total return after 18 months or so is just over 26%. That is after dividends and tax credits are added and brokerage applied.

Very good considering current market conditions.

If I had held this stock for a full ten years (see large chart at top) my return would have been over 210%.

By comparison if I had held the stock for just one year (see large chart below) my return would have been a loss of 35%.

This is in spite of the stock being a relatively good performer this year.

No stock in this series, yet, has proven to be a loser over the longer 10 year period and Fisher & Paykel Healthcare is no exception.



http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.3338466193181723&style=2242&symb=FPH&size=1&type=64&time=1yr&freq=1dy&comp=&compidx=NZ50G%7E1392984&ma=&maval=&lf=&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162937



Long vs Short series

Mainfreight Ltd
The Warehouse Group
Sky City Entertainment


Fisher & Paykel Healthcare @ Share Investor

Why did you buy that stock? [Fisher & Paykel Healthcare]
Drinking and Trading
Big Fisher & Paykel Healthcare share trades a curious tale
Share Investor's 2008 stock picks
Fisher & Paykel: A tale of two companies
FPH downgrade masks good performance

Related Links

Fisher & Paykel Healthcare financial data


Related Amazon Reading

Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition
Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition by Clifford Pistolese
Buy new: $26.97 / Used from: $1.99
Usually ships in 24 hours

The Business of Healthcare Innovation
The Business of Healthcare Innovation
Buy new: $36.00 / Used from: $22.50
Usually ships in 24 hours


c Share Investor 2009