Wednesday, October 18, 2017

TIN's top 10 technology companies by revenue growth in year June 17

Technology Investment Network managing director Greg Shanahan says it has been a defining year for New Zealand's highest ...

Technology Investment Network link to story @ Stuff 
The top 10 "Tech" companies 3 of them listed and one on the way to the top - Fisher & Paykel Healthcare.
It would be nice to see couple of these listed. Datacom & Gallagher would be two Id be interested in.

TIN's top 10 technology companies by revenue growth in year June 17

1. Datacom Group - $1.15b
2. Fisher & Paykel Appliances - $1.14b
3. Fisher & Paykel Healthcare - $894m 
4. Xero​ - $295m
5. Gallagher - $232m
6. Orion Health - $199m
7. Douglas Pharmaceuticals - $189m
8. Tait Communications - $175.2m (estimated) 
9=. NDA Group - $175m
9=. Temperzone Group - $175m
10. Magic Memories - $154m



Tuesday, October 17, 2017

Share Market Not Like it Was 30 Years Ago

Image result for 1987 stock market crash newspapers in new zealand herald
Looked for photo in the Herald but could only find this one. Picture tells a thousand words.

Share Investors Portfolio @ 17 Oct 2017


The question raised by most pundits this week is will the 1987 share market crash that happened in this country on the 20th October 1987 and in the rest of the world the day before happen again?

I would contend its not when it will happen because it will.

I don't pretend to know just when it will because I don't know.

Lets be clear, the reasons for the 87 crash were varied and wide - depending on who you talk to - but the reasons in this part of the world were a lot different to those in the Northern Hemisphere.

Here apart from anywhere in the world we were going through a vast transformation. 

Business was moving and becoming clearer and cleaner. Restrictions to all business were removed and we were at the centre of a global experiment which was being watched from Wall Street to Fleet St and then tried there in the 1990's and 2000's. 

NZ INC was closed one minute - under Rob Muldoon and then open the next day thanks to Roger Douglas.

Capital moved in from overseas then we were in the grip of a financial tsunami, the likes of which we hadn't seen before.

And what did people invest in?

Bugger all really.

Most of the businesses floated on the stock market at that time had very little to do with real business and those that were doing "good" business were taken along for the ride.

Unfortunately these good businesses were taken down on the 20th October 1987 along with the other ones that shouldn't have been listed in the first place.

Fast forward to today when we have restrictions and various rules around investing on the NZX - there are certainly not enough but its getting there.

The share market is a vastly different space to what it was 30 years ago.

We have companies that actually make money and for the ones that don't have yet it is in investors hands whether they stay or go. 

It is largely up to the investor how much risk they are will to take or make.

BUT and it is a healthy but. There has been risk as long as there has been 2 people willing to trade with each other.

Inherently there is greed and that is the key word and there is no way you will ever get around it.

As long as we have greed and avarice we can be assured that we will have another share market crash.

Just when?


Share Investors Portfolio @ 17 Oct 2017


Share Investor Reading

New Zealand Stockmarket: A History from beginning to present day. 
Stockmarket Education: How do you buy shares? 
Stockmarket Education: What is a Share? 

Stockmarket Education 

Stockmarket Dictionary 
Stockbrokers: What you should know before choosing one 
10 Basic questions to ask before investing 
How the Stockmarket works 
Understanding Risk 
Watch Your Risk Tolerance 
Stockmarket Education: What is a Share? 
What Moves the Stockmarket? 
7 Signs of Shareholder Friendly Management 
Financial Media For Investors 
Dividends in detail 

Related Links
 

NZX - How to Invest 





c Share Investor 2017






Wednesday, October 11, 2017

Fisher & Paykel: The Biggest Listed Company in New Zealand

Growing demand for Fisher & Paykel Healthcare's products have been keeping its Auckland manufacturing plant busy.
Technology has overtaken tourism at the top of the NZX, with exporter Fisher & Paykel Healthcare ousting Auckland Airport as the country's most valuable company.

Note from Share Investor: Was taken on a ride with this one over the last 5 years and I don't think its finished yet.
In one way or another its fate will be determined over the next few years not so much by Fisher and Paykel [FPH.NZ] but they will continue how they have done business since year one, that is without fear or favour of anything political. They will just get on with business regardless but politically the share FPH is definitely in favour.
Watch for a big rise in share price if Winston Peters goes with either left, left, left of centre Labour or left of centre party National tomorrow or Friday or whenever he feels like it. 
Look for the dollar to reach lows next year if Winnie the Pooh gets his way and the dollar is somehow uncoupled from the mood of the economy. As it has been for many decades now then the sky is just about the limit for this share. 
I could be proven wrong but something tells me 3 million dollars for every movement per cent in the dollar is the figure.
F & P have forward cover for this but as soon as this is used all bets are off.




F&P Healthcare shares have been on a five-year bull run as the company has expanded its hospital and home sales of medical devices that treat breathing disorders.
The company is now worth $7.446 billion – a few hundred thousand dollars more than Auckland Airport which was relegated into second place on the NZX at the close of trading on Wednesday.
F&P Healthcare shares have been boosted in recent weeks by a decline in the value of the New Zealand dollar, which has the effect of boosting its export revenues and profit margins.
A decline in the Kiwi that followed confirmation of the election result on Saturday has helped provide the impetus to take F&P Healthcare over the line.
Shares in the company closed 17 cents higher at a record high of $13.05 on Wednesday, while Auckland Airport shares had slipped 2c to $6.24 just before 5pm.
F&P Healthcare shares had a small wobble last year.
One cause was concerns over the President Trump's threats to renegotiate a trade agreement with Mexico – where F&P Healthcare has its American manufacturing base.
Another was concern over tit-for-tat patent litigation by Californian Resmed.
Resmed said the New Zealand firm's masks, designed to treat sleep apnoea, violated its patented technology after F&P Healthcare launched its own litigation.
Nerves about the litigation may have been calmed after a German court suspended Resmed's two patent proceedings pending the outcome of a European Patent Office decision over the patents. 


Fisher & Paykel Healthcare @ Share Investor

Share Investor Portfolio @ Oct 11 2017

Fisher & Paykel Healthcare Ltd: Where is it Going?
Fisher & Paykel Healthcare Ltd:  Should I Buy Now?
Fisher & Paykel Healthcare Ltd: The Time to Buy
Share Investor's 2012 Stock Picks
Global Market Sell-Off Stocks: Fisher & Paykel Healthcare
Resmed takes market share from Fisher & Paykel Healthcare
Resmed kicking Fisher & Paykel Heathcares butt?
Share Price Alert: Fisher & Paykel Healthcare Ltd
I'm Buying: Fisher & Paykel Healthcare Ltd
Share Investor's Total Returns: Fisher & Paykel Healthcare Ltd
Share Investor's 2011 Stock Picks
Stock of the Week: Fisher & Paykel Healthcare Ltd
Fisher & Paykel Healthcare & the US Dollar
Mondrian Investment Partners take stake in Fisher & Paykel Healthcare
Fisher & Paykel Healthcare: 2010 Full Year Profit rests on Foreign exchange movement
Long Term View: Fisher & Paykel Healthcare
Stock of the Week: Fisher & Paykel Healthcare
Analysis - Fisher & Paykel Healthcare: FY Profit to 31/03/09
Schroder Investment Management takes big Fisher & Paykel Healthcare stake
Long VS Short: Fisher & Paykel Healthcare
Big Fisher & Paykel Healthcare trades a curious tale

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

Discuss FPH @ Share Investor Forum
Download FPH Company Reports





Share Investor 2017



Wednesday, September 27, 2017

A2 Milk Corporation




A2 Milk Corporation Ltd [ATM.NZX] chart looks like a plane is taking off, as it does it appears to be dropping left-lets over China because that is where the buying and selling of this stock is coming from.

There has been $22 million passed today, so far.

A chap asked yesterday via this website what I thought of this stock now it was over 6 bucks and heading over to over 7.

I said something like it was a stock based on true value but like Fisher & Paykel Healthcare Ltd [FPH.NZX] and Mainfreight Ltd [MFT.NZ] amongst other stocks, it was getting way beyond its value.

It has a PE ratio of over 50, more than both MFT and FPH and 12.49c in earnings per share.

To be fair it will continue to go up with earnings approaching 20 cents per share next year but which ever way you look at it it is overvalued.

I also think I said that this stock looks like it is on the (Chinese) fast track to the stratosphere so would be surprised if it put on 2 bucks (conservatively) before xmas.

I politely refused to utter anything material on the stock, except to say I had been watching things from late last year.

Good luck.





c Share Investor 2017






Monday, September 25, 2017

Sky City: Even Cheaper Now




Sky City Entertainment Group Ltd [SKC.NZX] Is looking even cheaper now almost a month after my last piece.

In it I jokingly presupposed offering holders of Sky City Stock $3.50 a share. At the time shares were trading in the $3.90 - $4 range. 

As of this morn where it starting trading at $3.69.

It could indeed go down to $3.50 and indeed lower and if it does go below that magical figure I will be on the phone to my bank manager to arrange a loan - they are cheap to get especially since I've decided to play one bank against the other. (see comments section)

With a gross Div of over 6% this stock is priced to buy.



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





Share Investor 2017



Wednesday, September 20, 2017

Westpac: I'm Thinking of Returning


Related image

Rocked up to the local Westpac at Albany Mall today after clicking on the make your credit balance $2500 more - that was OK.

In the meantime saw Wilson at the bank & found out I have an interest free period left on my Visa till July next year.

When I had issues with the card in July I contacted the bank and they sorted out the problem and it seems they started the 12 months again from July. So I don't have to pay anything off (except the minimum balance.)

So at the same time I told Wilson about this I decided to open a bank account. This was the first time I have had an acc with Westpac in 30 years (apart from my Credit Card).

I want to see how they go and if they are good (I'm unhappy with ASB who I been with for more than 20 years) Im going to change some or all of my banking.

How do you folks out there deal with this "problem"?




More Banking Madness @ Shareinvestor









Tuesday, September 19, 2017

New Zealand Refining: CEO Should Walk



New Zealand Refining Ltd [NZR.NZXThe scenario set out below is bullshit.

GENERAL: NZR: Statement from the Chief Executive, Sjoerd Post

"While Refining NZ will not generally respond to media commentary, in the
current circumstances regarding issues with the Refinery to Auckland
pipeline, and recent media commentary concerning when Refining NZ first
notified those issues to the market, Refining NZ considers it appropriate to
do so. For complete clarity, there was no delay in disclosing information to
the market or to other stakeholders.

The company announced to the market as soon as it understood that the
pipeline would not be operational for more than a few days. Initially
Refining NZ thought that the leak could be fixed within 2 days by installing
a clamp on the damaged section of the pipe. If that had been the case the
issue would have been within the ambit of operational matters and of no
concern to our customers and the wider public. It only became apparent over
the weekend that the damage to the pipeline would take longer to remedy - and
accordingly we announced this to the market before it opened on Monday, 18
September.

All going to plan, we expect to deliver jet fuel via the pipeline into Wiri
between midday Sunday and midday Tuesday. From that point Refining NZ expects
it will take another 30 hours for the jet fuel to settle, for recertification
to be obtained, and to transport to Auckland international airport".

Sjoerd Post
Chief Executive


Bullshit because once the initial thing happened last Thursday and there was a facebook post about it there was a possibility that there could be a major outage. Guess what there is a major outage. That should have been disclosed on Thurs to the market NOT yesterday before markets opened.

The ultimate person responsible for this is the Chief Ex Sjoerd Post.

He needs to walk.

The NZX also needs to come down on NZR like a tonne of bricks but it won't.

I don't know if you the reader know it but I have traded NZR quite a few times over the years. If I knew Sjoerd Post was the man he has turned out to be I wouldn't have bothered with it. I will also cease trading of this share until it can be proven to me that management know what they are doing.

Because I believe it goes deeper than the Chief Ex.

Little wonder why the share price has hardly even moved.



NZR @ Share Investor

Share Price Alert: New Zealand Refining Ltd 2
Share Price Alert: NZ Refining Ltd
Share Investor's 2011 Stock Picks 
Stock of the Week - Reprise: NZ Refining Ltd
Chart of the Week: New Zealand Refining Ltd
Stock of the Week: NZ Refining Ltd

Discuss NZR @ Share Investor Forum
Download NZR Company Reports






Share Investor 2017








Monday, September 11, 2017

Fisher & Paykel Healthcare Ltd: Where's it Been Over the Last Month & Why




Fisher & Paykel Healthcare Ltd [FPH.NZX] is taking a trajectory that is firmly north over the last week or two.

This is based on off shore buying - I only found this out on Fri 8th - this is because of significant buying based on this investor briefing.

Apparently this is solely responsible for the uplift. There is not a lot on offer, so up she goes. 

Have a look below on briefing from Yahoo daily share-trading.

The rise is actually based on increased trading, $100 plus million over the last week and counting.

So when I surmised a few posts back that it was institutional trading I was only partly right.

Because what you see is a rise in share price down to one thing.

Its US mums and dads buying the shares based on what their brokers are hearing at the investor briefings.

A knucklehead thing for investors to do but they are buying FPH shares nonetheless.

Question is when will the yanks be finished?



DateOpenHighLowClose*Adj. close**Volume
08 Sep 201712.4512.6212.4512.6112.611,739,308
07 Sep 201712.2012.5112.2012.4812.482,270,372
06 Sep 201712.0712.2412.0512.2412.241,167,208
05 Sep 201712.0812.1712.0012.1312.13778,908
04 Sep 201711.9912.0911.9512.0812.08590,056
01 Sep 201711.8012.1311.8011.9511.951,695,701
31 Aug 201711.6311.7711.5311.7711.77837,466
30 Aug 201711.4311.6511.4211.5911.59374,554
29 Aug 201711.4011.5011.3511.4611.46545,875
28 Aug 201711.5111.5111.4311.4811.48364,719
25 Aug 201711.6611.6611.5011.5511.55526,038
24 Aug 201711.6411.6911.4711.6811.68303,532
23 Aug 201711.5911.6511.5011.6511.65326,565
22 Aug 201711.5011.6311.4711.6111.61464,467
21 Aug 201711.4011.5911.4011.5811.58302,922
18 Aug 201711.4311.5011.3811.4511.45427,367
17 Aug 201711.2811.5211.2411.4711.47532,512
16 Aug 201711.2511.3611.2111.3211.32415,715
15 Aug 201711.2011.3511.2011.2811.28376,741
14 Aug 201711.0911.2311.0611.2011.20436,247
11 Aug 201711.2511.2511.1011.1011.10784,237
10 Aug 201711.3811.5511.3811.4411.44779,264
09 Aug 201711.3911.4411.3611.3911.391,016,623



Share Investor Portfolio @ 8th Sept 2017


Fisher & Paykel Healthcare @ Share Investor

Fisher & Paykel Healthcare Ltd: Where is it Going?
Fisher & Paykel Healthcare Ltd:  Should I Buy Now?
Fisher & Paykel Healthcare Ltd: The Time to Buy
Share Investor's 2012 Stock Picks
Global Market Sell-Off Stocks: Fisher & Paykel Healthcare
Resmed takes market share from Fisher & Paykel Healthcare
Resmed kicking Fisher & Paykel Heathcares butt?
Share Price Alert: Fisher & Paykel Healthcare Ltd
I'm Buying: Fisher & Paykel Healthcare Ltd
Share Investor's Total Returns: Fisher & Paykel Healthcare Ltd
Share Investor's 2011 Stock Picks
Stock of the Week: Fisher & Paykel Healthcare Ltd
Fisher & Paykel Healthcare & the US Dollar
Mondrian Investment Partners take stake in Fisher & Paykel Healthcare
Fisher & Paykel Healthcare: 2010 Full Year Profit rests on Foreign exchange movement
Long Term View: Fisher & Paykel Healthcare
Stock of the Week: Fisher & Paykel Healthcare
Analysis - Fisher & Paykel Healthcare: FY Profit to 31/03/09
Schroder Investment Management takes big Fisher & Paykel Healthcare stake
Long VS Short: Fisher & Paykel Healthcare
Big Fisher & Paykel Healthcare trades a curious tale

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

Discuss FPH @ Share Investor Forum
Download FPH Company Reports






Share Investor 2017