Share Investor: Fisher and Paykel Healthcare

Showing posts with label Fisher and Paykel Healthcare. Show all posts

Sunday, February 28, 2016

Critics and Wannabes

Chart forFisher & Paykel Healthcare Corp Ltd (FPH.NZ)

Just wanna counter the critics and wannabes, especially the ones you find on the internet.

Your criticism should be ignored.

If you know are doing the right thing for you, it doesn't matter who you have to answer for because the only person you have to satisfy.

Is you.

On that, ill take one instance is writing on this blog and on one particular instance on Fisher and Paykel Healthcare Ltd.

I had followed this stock for YEARS, not months and if you were to take my advice, freely of course because you don't have to take my advice, i'm just freely sharing it with you on these pages, you would have made at least 4 times your money and be in the position you are now with this company of more to come.

That's not including the 60 plus cents in divs.

Looking back i even included my advice AT THE PEAK OF MY CONFUSION AND STRIFE, IN THE MIDDLE OF A STROKE

Me:

At 1.91 today this puppy must be returning about 10%. Looks like another support level to me, if I had the money id be getting in again. Beware that this might jump down again again but also be aware that that this share traded at at 1.86 today. Depends what you want if you get it now you will return you well in the long term, if you think the traders (money) have had their fill get in now,if you don't bide your time.

An Anon Critic:

Come on, FPH is a dead end. Where its gona go and on what basis? Strong yield? How much are you expecting to gain, 10c a share?

So an answer to your critics.

Don't take what you read to heart, if you know you have made the right decision.

Toughen Up: What I've Learned About Surviving Tough Times by Michael Hill

c Share Investor 2016

Tuesday, August 14, 2012

Share Price Alert: Fisher & Paykel Healthcare Ltd 4

Steve Jobs Biography - By Walter Isaacson

c Share Investor 2012

Tuesday, January 31, 2012

I'm Buying: Fisher & Paykel Healthcare Ltd

Well, as I said back in June 2011 I was being as patient as a wee church mouse and I would let you know after the fact if I was going to buy some additional Fisher & Paykel Healthcare Ltd [FPH.NZX] shares.

Well blow me down if I didn't do that just this morning when I purchased 15,000 more at $2.15 per share to add to the current 5000 holding in the Share Investor Portfolio.

As I pointed out this morning in the latest Share Price Alert the share price represented good value and is returning over 8% net on dividends alone.

The purchase was funded from dividends from the portfolio built up over 4 profit reporting periods and was earning 3.5% in a cash deposit.

I have not bought anything since buying Contact Energy Ltd [CEN.NZX] shares in July 2011 for a second shorter term portfolio Share Investor Portfolio 2.

Since the Global Financial crises hit in late 2008 there have been a number of bargains I have laid my hands on during the low period in 2009 - AIA (1,2) MFT, WHS and MHI, the aforementioned CEN and today's buy.

This has been a spend over that period of around $150,000.00 about half of it funded through dividends earned and the rest new money.

I am still waiting patiently for other good stocks to come under fire in 2012 and will let you know as and when they come on my radar.

Heres one.

For similar reasons for today's buy - the weak US currency having an impact on repatriated profits back to NZ - the buying power for Sky Network Television Ltd [SKT.NZX] has increased putting the pay TV broadcaster at an advantage as it buys programming and hardware in US currency. It also has a weak share price for some reason and is looking like an attractive monopoly to me.

I am very pleased about my new addition today.

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	Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions) by Benjamin Graham Buy new: $41.77 / Used from: $32.40 Usually ships in 24 hours

Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions) by Benjamin Graham
Buy new: $41.77 / Used from: $32.40
Usually ships in 24 hours

c Share Investor 2012

Share Price Alert: Fisher & Paykel Healthcare Ltd 2

	Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions) by Benjamin Graham Buy new: $41.77 / Used from: $32.40 Usually ships in 24 hours

Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions) by Benjamin Graham
Buy new: $41.77 / Used from: $32.40
Usually ships in 24 hours

c Share Investor 2012

Thursday, August 11, 2011

Catch the Dead Cat!

As I mentioned on Facebook yesterday after Wednesday's (NZ time - Tuesday on the DOW))deadcat bounce we are likely to see a fall on markets Thursday or Friday.

What do we have this morning on the DOW?

Well, it is down and had not been positive at all. The DOW closed down 519 points or 4.42% wiping out all of yesterday's gains and then some. This is on news that several French banks could be close to collapse.

What will happen now?

Well, tomorrow is likely to be another down day and after that all bets are off except to say markets will still be choppy and ultra-sensitive to any bad news for the next few weeks.

It is always hard to time the markets but I am looking to buy at some stage but it is just picking the right moment. I am after 10000 or so Fisher & Paykel Healthcare Ltd [FPH.NZX] shares to add to the Share Investor Portfolio and may look at other stocks if I am game.

My portfolio has been up and down (mostly down of course) like a cheap K' Rd hooker over the last 4 trading days and was down by around 10% over Monday and Tuesday after a 4% fall on Friday but up nearly 5 % yesterday. Down is the only way today.

My buy orders for FPH have mirrored the market. A first bid at $2.20, then down to $1.99, then another down to $1.80. I raised the bid to $2.15 for yesterday but will re-bid a few minutes from now back down to $1.99.

Even I am feeling the pressure and have to steal myself sometimes to remain calm and focus on fundamentals (based on business as usual with the larger financial macro theme at play of course) rather than my state of mind.

This bumpy economic ride and the consequent market volatility has more to play out yet and there will be more opportunities in the months and years ahead but the money I am using to pay for the FPH shares is getting about 2.5% in the bank and inflation is running at twice that.

Yep, greed and fear, greed and fear!

FPH is paying over 7.5% gross based on the current share price of $2.34.

Watch the market and be patient, like me....?

2011 Global Market Sell-off @ Share Investor

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Fisher & Paykel Healthcare @ Share Investor

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Stock of the Week: Fisher & Paykel Healthcare Ltd
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Big Fisher & Paykel Healthcare trades a curious tale
Why did you buy that stock? [Fisher & Paykel Healthcare]
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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

From Fishpond.co.nz

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c Share Investor 2011

Wednesday, August 10, 2011

Global Market Sell-Off Stocks: Fisher & Paykel Healthcare Ltd

Quite frankly, and as I pointed out on Friday, the whole NZX is on sale and while people are losing money people like me are contemplating buying rather than selling. On fundamentals alone there are many NZX stocks that are looking way more attractive than they had been just 3 trading days ago.

Lets look at some specific stocks though and in the second of a new series to coincide with the current stockmarket sell-off, we will look at one of the brightest parts of the Share Investor Portfolio, Fisher & Paykel Healthcare Ltd [FPH.NZX]

The company has indicated net profit after tax to be in the range of NZ$62 million to NZ$76 million for the 2012 full year, and this is either even with the 2011 full year result or up substantially and this big swing is a result of a volatile currency - US/NZ cross rate.

Revenue in US dollars for the 2012 year. will be considerably up on the 2011 year.

During the big sell-off over the last 3 trading days the fundamentals for this stock are of course looking much better.

Lets have a look

P/E	22.660
EPS	$0.102
NTA	$0.592
Gross Div Yield	7.581%

Monday, August 8, 2011

Resmed takes market share from Fisher & Paykel Healthcare

I referred to a whisper about Fisher & Paykel Healthcare's [FPH.NZX] lagging share price in a late July post and the cause of it possibly coming from intense competition from Resmed Inc [RMD.ASX] and that investors in FPH would have to wait for some concrete evidence that this was happening when RMD's profit result for the 2011 full year was out.

I hate to say this as a FPH investor but I think the whisper may have some merit to it, at least over the last year.

Resmed's full year profit to 30 June 2011 reveals that it has increased revenue by around 18% and profit up by just under 20%. FPH has increased revenue by around 10% with profit up by around 2%.* in the 2011 full year resul t. All may not be all dire though because in the fourth quarter its respiratory and acute care (RAC )revenue grew 24% and its obstructive sleep apnea (OSA) products operating revenue grew 17%. The market for these products is clearly growing rapidly but RMD appears to have the slight edge in terms of competition between the two companies which it has added to by aggressively buying companies that it sees has products with a good fit to theirs to gain even more market share. FPH has thus far gained their market share by increasing R & D spending and growing organically.

Resmed has recently concluded a 5 year agreement with Carefusion Inc [CFN.NYSE], a company that has good breathing and sleep technology bought Biancamed, a leading OSA technology leader and on August 1 purchased Grundler GmbH, a developer of innovative medical humidification products. These medical sectors, especially the sleep technology area, are something that FPH has placed alot of faith and research and development on for its future.

Fisher & Paykel is doing well in the sectors that they operate in but their main competitor in the fast growing OSA & RAC sector appears to be going Resmed's way currently and should be a minor niggle to FPH investors. They do have a technological edge though in several newly launched products this year.

With the impact of the Global Financial Crisis 2 (GFC 2) looming and an impact on share prices it might be wise for investors to keep a watching eye on the FPH share price for opportunities.

* Figures in US dollars

Disc I own FPH in the Share Investor Portfolio

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 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 taleWhy 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

c Share Investor 2011

Share Investor

Sunday, February 28, 2016

Critics and Wannabes

Tuesday, August 14, 2012

Share Price Alert: Fisher & Paykel Healthcare Ltd 4

Tuesday, January 31, 2012

I'm Buying: Fisher & Paykel Healthcare Ltd

Share Price Alert: Fisher & Paykel Healthcare Ltd 2

Thursday, August 11, 2011

Catch the Dead Cat!

Wednesday, August 10, 2011

Global Market Sell-Off Stocks: Fisher & Paykel Healthcare Ltd

Monday, August 8, 2011

Resmed takes market share from Fisher & Paykel Healthcare

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