War: What is it good for - Investing

With a possible war on the Horizon between Russia and the Ukraine one has to wonder should I get in now while the market is down?   

Sleepy Joe Biden will have a call with Putin Sat morn (UK time). So any action on the NZ market may hinge on how the call goes.

Either way it causes uncertainty and confusion and that's what markets hate.

The DOW, Nasdaq et all had a horrible last couple of hours.

If there is a skirmish and it goes on for some time that is "good" - on the whole - for the investor because usually the uncertainty in the market would tend to put pressure on some to sell and you should pick closely what you want.

I've had my eye on Ryman Healthcare. It finished trading at $ NZ 9.78c on Friday (NZ time) On pretty good VOL indicating people think its a good buy at these levels.

I think RYM will come under further pressure (along with many stocks listed on the NZX) so I will watch closely for a chink in the amour of RYM. It could be that investors see the stock as good value at $9.78c and keep on buying.

But if not I will be there watching waiting to pounce.

One other stock that I have also been buying is Napier Port. It traded at $3.03c and will fill my boots again if/when it slips below 3 bucks.

Happy trading/investing for me!!

DYOR.

c Share Investor 2022

Napier Port: Deep Waters?

Napier Port has a special place in my heart. When I was a boy I used to go there with my sister and father most Sundays for an ice-cream. I used to imagine what sorts of things came in from the port and what sorts of splendid things went out.

Well come 2021 I own a very small part of it. Always wanted to. My dead Dad would be proud!!

Well what are some of the details.

From NZX.com

Fundamental

P/E	0.000
EPS	$0.000
NTA	$1.740
Gross Div Yield	3.439%
Securities Issued	199,875,937

    

As you can see from the chart above the share price has been trading since #covid19 hit of $2.52 and a high of $3.90. What has been interesting is that it has bounced around a bit but hasnt got below $3.14.

I recommend buying now at between $3.15 and about $3.20 because the share price should hold up because the so call "wall of wood" will generate the bucks for 10 years at least.

There is only two exceptions i would look at.

The company is carrying a lot of debt. I say that because its roughly at 25% of net assets. A counter to this is that is 55% owned by the Napier City Council so it is never going to go broke.

The second is the company does not have a lot of time under it belt as a public/private entity - about 2 years - so hasn't really established yet a good pattern of trading in public.

I have bought a few and will buy more as and when they reach my sweet spot.

DYOR.

Shareinvestor 2021