Wednesday, September 28, 2011

Isn't "Alessio Rastani" Right?



Alessio Rastani, if that is his real name - because he has been found out to be an imposter, told BBC news presenter Martine Croxall on Monday, that the Eurozone bailout/s would fail, stockmarkets were "finished", things are really dire economically, traders don't care about "economic recovery" (whatever the hell that means these days) because they will make money anyway, Goldman Sachs is running the show not politicians, and the worst thing one can do is nothing in the face of impending financial collapse, is probably closer to the truth than any other "legitimate" economic commentator.

I am a betting man and would put odds on politicians of not having success in turning economic disaster around. They have thus far failed over the last 3 years of economic uncertainty, so what makes Europe different now or any other harebrained bailout/giveaway scheme that rolls along in the future that gives us another few years of grace before we have to face the economic realities staring back at us in the mirror?

I don't care if Mr Rastani works out of a 200,000 pound semi in Bexleyheath and not in the city because I think he just might be right.

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Monday, September 26, 2011

Share Investor Portfolio: Value @ 23 September 2011

The Share Investor Portfolio is down over the last week. In the third week of September the portfolio was down 1.32% or $3485.78 on the September 16 update .

Small dips across the board contributed to this weeks fall but the drop was exacerbated by a 18c rout in WHS shares.

For the first 37 weeks of 2011 the portfolio has increased by 6.80% or $17286.54

The total of unspent dividends and interest in the bank as at 19 Sept from the 2010 - 2011 earnings years is $31,076.39 at close of reporting season for 2010 and at the mid -part of the 2011 2nd half reporting year. There are also approx $60000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 11.53% or $31043.72 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2.


Share Investor Portfolio as at 09:38:23, Monday 26 September, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
AIA

2,000 $1.700 $3,400.00 $2.260 $4,520.00 $1,120.00 32.94%
AIA

2,000 $1.510 $3,020.00 $2.260 $4,520.00 $1,500.00 49.67%
AIA

674 $0.000 $0.00 $2.260 $1,523.24 $1,523.24
AIA

638 $2.150 $1,371.70 $2.260 $1,441.88 $70.18 5.12%
ASBPB

3,109 $0.000 $0.00 $0.695 $2,160.76 $2,160.76
ASBPB

6,891 $1.000 $6,891.00 $0.695 $4,789.25 $2,101.76 30.50%
BGR

725 $0.000 $0.00 $1.360 $986.00 $986.00
BGR

2,275 $0.990 $2,252.25 $1.360 $3,094.00 $841.75 37.37%
FBU

303 $0.000 $0.00 $7.290 $2,208.87 $2,208.87
FBU

811 $9.750 $7,907.25 $7.290 $5,912.19 $1,995.06 25.23%
FPH

3,000 $2.350 $7,050.00 $2.490 $7,470.00 $420.00 5.96%
FPH

1,365 $3.720 $5,077.80 $2.490 $3,398.85 $1,678.95 33.06%
FPH

635 $0.000 $0.00 $2.490 $1,581.15 $1,581.15
FRE

6,405 $3.630 $23,250.15 $3.180 $20,367.90 $2,882.25 12.40%
FRE

2,226 $0.000 $0.00 $3.180 $7,078.68 $7,078.68
GFF

607 $0.000 $0.00 $0.719 $436.43 $436.43
GFF

1,393 $2.330 $3,245.69 $0.719 $1,001.57 $2,244.12 69.14%
HLG

299 $0.000 $0.00 $3.180 $950.82 $950.82
HLG

701 $2.530 $1,773.53 $3.180 $2,229.18 $455.65 25.69%
KIP

763 $1.480 $1,129.24 $1.065 $812.60 $316.65 28.04%
KIP

237 $0.000 $0.00 $1.065 $252.41 $252.41
MFT

1,000 $7.960 $7,960.00 $9.750 $9,750.00 $1,790.00 22.49%
MFT

1,838 $8.000 $14,704.00 $9.750 $17,920.50 $3,216.50 21.88%
MFT

1,375 $4.200 $5,775.00 $9.750 $13,406.25 $7,631.25 132.14%
MFT

787 $0.000 $0.00 $9.750 $7,673.25 $7,673.25
MHI

1,646 $0.860 $1,415.56 $0.870 $1,432.02 $16.46 1.16%
MHI

7,000 $0.630 $4,410.00 $0.870 $6,090.00 $1,680.00 38.10%
MHI

209 $1.050 $219.45 $0.870 $181.83 $37.62 17.14%
MHI

1,145 $0.000 $0.00 $0.870 $996.15 $996.15
PPG

31 $0.000 $0.00 $0.185 $5.74 $5.74
PPG

1,500 $0.440 $660.00 $0.185 $277.50 $382.50 57.95%
PPG

1,004 $0.800 $803.20 $0.185 $185.74 $617.46 76.88%
PPL

1,000 $3.090 $3,090.00 $0.790 $790.00 $2,300.00 74.43%
PPL

1,000 $2.870 $2,870.00 $0.790 $790.00 $2,080.00 72.47%
PPL

939 $4.200 $3,943.80 $0.790 $741.81 $3,201.99 81.19%
PPL

975 $0.000 $0.00 $0.790 $770.25 $770.25
PPL

1,086 $1.530 $1,661.58 $0.790 $857.94 $803.64 48.37%
RYM

555 $0.000 $0.00 $2.520 $1,398.60 $1,398.60
RYM

4,445 $1.970 $8,756.65 $2.520 $11,201.40 $2,444.75 27.92%
SKC

5,750 $7.430 $42,722.50 $3.470 $19,952.50 $22,770.00 53.30%
SKC

2,750 $7.700 $21,175.00 $3.470 $9,542.50 $11,632.50 54.94%
SKC

1,431 $8.750 $12,521.25 $3.470 $4,965.57 $7,555.68 60.34%
SKC

781 $7.600 $5,935.60 $3.470 $2,710.07 $3,225.53 54.34%
SKC

26,203 $0.000 $0.00 $3.470 $90,924.41 $90,924.41
STU

99 $0.000 $0.00 $2.360 $233.64 $233.64
STU

301 $4.740 $1,426.74 $2.360 $710.36 $716.38 50.21%
WHS

6,979 $6.000 $41,874.00 $3.200 $22,332.80 $19,541.20 46.67%
WHS

3,761 $0.000 $0.00 $3.200 $12,035.20 $12,035.20
WHS

4,260 $3.730 $15,889.80 $3.200 $13,632.00 $2,257.80 14.21%

24.25%


Total cost Market value Change

$264,182.74 $328,243.79 $64,061.05


Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 16 September 2011
Share Investor Portfolio: Value @ 9 September 2011
Share Investor Portfolio: Value @ 2 September 2011
Share Investor Portfolio: Value @ 26 August 2011
Share Investor Portfolio: Value @ 19 August 2011
Share Investor Portfolio: Value @ 12 August 2011
Share Investor Portfolio: Value @ 5 August 2011
Share Investor Portfolio: Value @ 29 July 2011
Share Investor Portfolio: Value @ 22 July 2011
Share Investor Portfolio: Value @ 15 July 2011
Share Investor Portfolio: Value @ 8 July 2011
Share Investor Portfolio: Value @ 1 July 2011
Share Investor Portfolio: Value @ 25 June 2011
Share Investor Portfolio: Value @ 17 June 2011
Share Investor Portfolio: Value @ 10 June 2011
Share Investor Portfolio: Value @ 3 June 2011
Share Investor Portfolio: Value @ 27 May 2011
Share Investor Portfolio: Value @ 20 May 2011
Share Investor Portfolio: Value @ 13 May 2011
Share Investor Portfolio: Value @ 6 May 2011
Share Investor Portfolio: Value @ 29 April 2011
Share Investor Portfolio: Value @ 22 April 2011
Share Investor Portfolio: Value @ 15 April 2011
Share Investor Portfolio: Value @ 8 April 2011
Share Investor Portfolio: Value @ 1 April 2011
Share Investor Portfolio: Value @ 14 March 2011
Share Investor Portfolio: Value @ 8 March 2011
Share Investor Portfolio: Value @ 28 February 2011
Share Investor Portfolio: Value @ 21 February 2011
Share Investor Portfolio: Value @ 14 February 2011
Share Investor Portfolio: Value @ 7 February 2011
Share Investor Portfolio: Value @ 31 January 2011
Share Investor Portfolio: Value @ 24 January 2011
Share Investor Portfolio: Value @ 17 January 2011
Share Investor Portfolio: Value @ 10 January 2011
Share Investor Portfolio: Value @ 3 January 2011
Share Investor Portfolio: Value @ 27 December 2010
Share Investor Portfolio: Value @ 20 December 2010
Share Investor Portfolio: Value @ 13 December 2010
Share Investor Portfolio: Value @ 6 December 2010
Share Investor Portfolio: Value @ 29 November 2010
Share Investor Portfolio: Value @ 22 November 2010
Share Investor Portfolio: Value @ 15 November 2010
Share Investor Portfolio: Value @ 8 November 2010
Share Investor Portfolio: Value @ 1 November 2010
Share Investor Portfolio: Value @ 25 October 2010
Share Investor Portfolio: Value @ 18 October 2010
Share Investor Portfolio: Value @ 11 October 2010
Share Investor Dividends


Share Investor Portfolio 2 @ Share Investor

Share Investor Portfolio 2: Value @ 23 September 2011
Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 29 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011


Share Investor's Annual Stock Picks


Share Investor's 2011 Stock Picks: Looking Back
Share Investor's 2011 Stock Picks
Share Investor's 2010 Stock Picks
Share Investor's 2009 Stock Picks
Share Investor's 2008 Stock Picks

Brokers 2011 Stock Picks


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The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
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c Share Investor 2011



Share Investor Portfolio 2: Value @ 23 September 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of
$48,060.00 and $144.18 in brokerage.

After the 72th day of trading the portfolio was up by $2607.36 or 5.55% on the September 16 update to be worth a total of $49590.00.

The portfolio is up by 5.55% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 17:30:00, Friday 23 September, 2011 (NZT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
CEN

202 $0.000 $0.00 $5.510 $1,113.02 $1,113.02
CEN

8,798 $5.340 $46,981.32 $5.510 $48,476.98 $1,495.66 3.18%

5.55%


Total cost Market value Change

$46,981.32 $49,590.00 $2,608.68

Share Investor Portfolio 2

Share Investor Portfolio 2: Value @ 16 September 2011
Share Investor Portfolio 2: Value @ 9 September 2011
Share Investor Portfolio 2: Value @ 2 September 2011
Share Investor Portfolio 2: Value @ 26 August 2011
Share Investor Portfolio 2: Value @ 19 August 2011
Share Investor Portfolio 2: Value @ 12 August 2011
Share Investor Portfolio 2: Value @ 5 August 2011
Share Investor Portfolio 2: Value @ 22 July 2011
Share Investor Portfolio 2: Value @ 15 July 2011
Share Investor Portfolio 2: Value @ 14 July 2011
Share Investor Portfolio 2: Value @ 13 July 2011
Share Investor Portfolio 2: Value @ 12 July 2011
Share Investor Portfolio 2: Value @ 11 July 2011
Share Investor Portfolio 2: Value @ 8 July 2011
Share Investor Portfolio 2: Value @ 7 July 2011

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Friday, September 23, 2011

Share Price Alert: Contact Energy Ltd 5

http://chart.bigcharts.com/custom/fairfax-com-nz/chart.asp?rnd=0.31297670214357143&style=2242&symb=CEN&size=1&type=64&time=1yr&freq=1dy&comp=&compidx=&ma=&maval=&lf=268435456&lf2=&lf3=&uf=16384&arrowdates=&arrowlegend=&country=NZ&sid=162856

As I said near the end of August, Contact Energy Ltd [CEN.NZX] looked like benefiting from a whopping 22% discount for their customers by holding onto present ones and eventually gaining customers from their competition.

Well, their August numbers released Monday 20, confirmed that the company only lost 400 customers compared to a combination of approx 15000 over the previous 2 months and September is looking even better from all accounts.

The share price since 18 August has risen from around 5 bucks to finish trading at $5.52 yesterday so the fortunes of the company have clearly been reflected in the share price and it looks like it might get some support at historical prices over the last 2 years of between $5.50 and 6 and a half bucks.

If August operational numbers are mirrored in September and if the market sees even small gains in customer numbers expect the market to overreact and send the share price well up from current levels.

A good medium term opportunity exists here to make some good profits.

Disc I own CEN shares in the Share Investor 2 Portfolio


Contact Energy @ Share Investor


Contact Energy look set to gain customers
I'm Buying: Contact Energy Ltd
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Follow the Monopoly Board

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c Share Investor 2011