Chart of the Day: Charlies Group Ltd

One has got to say that if you were a shareholder in Charlies Group Ltd [CHA.NZX] today and sold you would have been practically dancing in the aisles. Its share price lept over 45% on news (see 10 day chart above) that its products were to be positioned on 750 Coles stores across Australia.

The share price hasn't done much for years (see 5 year chart below) but this little bit of positive news has given impetus to the share price and it will be interesting to see what happens tomorrow if the trend continues on higher volume. I suspect others will get carried away tomorrow and bid up the price.

Well done to those who made a quick buck. I am a little jealous.

I should have Stefan Lepionka on the mat answering questions on Charlies OZ expansion tomorrow.


Charlies Group @ Share Investor

Share Investor Q & A: Charlies Group CEO Stefan Lepionka on Australian Expansion
Charlies Group: A Triumph of Style over Substance
Charlies juicing through Shareholder cash

Discuss CHA @ Share Investor Forum
Download CHA Company Reports


Chart of the Day @ Share Investor

Rakon Ltd
Kathmandu Holdings Ltd


New From Fishpond



A Perfect Gentleman: The Sir Wilson Whineray Story





c Share Investor 2010

Chart of the Day: Kathmandu Holdings Ltd

Kathmandu Holdings Ltd [KMD.NZ] shares have had a poor run since its media/broker hyped November market debut, a few cents above the $2.13 IPO price. The stock reached an intra day all-time low of $1.78 yesterday on bad news before finishing at an all-time low of $1.82 at market close - down 17%. The share price reached an all time high of $2.56 in mid April.

I have been brutal in my criticism of this company over the last year or so for one reason or another and cant see why so many invested in the IPO.

Having said that the company does have some value. Not the value calculated in the IPO but it could be getting close to something worth looking at soon.

Put it on your watchlist because the company has more bad news to come and therefore the stock could be under share price pressure.

It is a guess but value might be found in the $1.20 -1.30 range.


Chart of the Day @ Share Investor

Chart of the Day: Rakon Ltd


Kathmandu @ Share Investor

Kathmandu Holdings: Market Update Misleads
Kathmandu's 2011 Results Under Pressure from Jan Cameron
Kathmandu IPO: Prospectus Analysis
Kathmandu IPO: Jan Cameron lands a blow to IPO
Kathmandu IPO: What is it worth?
Kathmandu IPO: Retail Interest High
Kathmandu IPO: A tough mountain to climb
Kathmandu No.1 but IPO should get the Bullet
Download the detailed Kathmandu Value Cruncher Report - Requires free registration at Share Investor Forum to download
Download Kathmandu IPO Prospectus
KMD Investor Presentation to Macquarie

Discuss Kathmandu @ Share Investor Forum

Download KMD Company Reports


From Fishpond.co.nz



Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz




c Share Investor 2010

Chart of the Day: Rakon Ltd

Rakon Ltd [RAK.NZ] used to be the darling of the market but has had a tough last couple of years.

After reaching a high of over $5.50 in 2007 and a low of not much over 60c in early 2009 the share price has marked ground since then.

Only after recent signs of expansion in the sector that the company operates has the stock taken off. In the last 2 weeks alone the stock has put on around 15%.

The economy and the business that Rakon operates in still hasn't recovered to a sustainable level and the share price could be moving prematurely.

Their Full Year profit to 31 March 2010 was an improvement on the previous year but still a far cry from its profit in earlier years.

Lock in profits if you are a short term investor and look for dips in share price if you are a Rakon follower and want some shares for your long term portfolio.


Chart of the Day @ Share Investor

Kathmandu Holdings Ltd


Rakon Ltd @ Share Investor

Discuss RAK @ Share Investor Forum
Download RAK Company Reports


From Fishpond.co.nz



Buy Bird on a Wire: The Inside Story from a Straight Talking CEO & more @ Fishpond.co.nz




c Share Investor 2010