Never Mind the width feel the Quality

There's no doubt about it the market always tells us where we are headed. At the moment that direction is up and it will continue to go up as long as 2 things remain the same. One is Central Bank interference in the interest rates as we plumb the depths of rates or what will be known the great Central Bank boom followed by ? 

The second is what the earnings of each company are.

As a whole these earnings remain high and do so to in New Zealand with the first company which is Sky City due to kick it all off in the second week of August.

With SKC paying slightly better than 5% pa its a must that these earnings stay above the proceeding year, least companies disappoint and are caned at the final arbiter - the market.

Its looking good - up up up - for the electricity retailers like CEN MEL MCY et al and for every stock on the Share Investor Portfolio.

I cant see a black cloud on the horizon anywhere - besides out the window - and i see the following 3-4 month's of results to be up on last year - save AIR and a few others.

Very few will disappoint.

You just have to wait for the ?




c Share Investor 2019

Market Musings and Other Things

Coming mid-way through the earnings period with about 3 months till the new reporting season kicks off there are 3 stocks in the Share Investor Portfolio that are worth a perusal because reporting for them kicks off on the 20th of this month with Ryman Healthcare RYM , Mainfreight MFT on the 26 th and Fisher & Paykel FPH on the 27 th.

Ryman is looking good for a slice of the retirement sector action, they started the listed sector, it is they continue to lead with units built, and of course they are by far the largest retirement sector group in New Zealand.

They could actually pull off a coup this May announce a share split. Something they did about 10 years ago. They needn't split in my humble opinion but there you go management seem to like that sort of thing.

If they don't split now they will do so in November.

Mainfreight could well transport some of Rymans tools of the trade like timber and concrete.

It is also finished at an all-time high of $16.77 on Friday, a barometer for the economy as a whole Mainfreights share price tends to reflect what is happening in the economy right now and right now the economy is hot.

All signs are pointing to a record profit, with a spread of global investments paying off, Mainfreight is ready to expand without spending anymore but guess what they are spending more and that is again going to lead to more expansion along the way.

Fisher & Paykel is a stock now that is ranked either one or two depending on what the market is doing on a day to day basis. At present it is ranked number two with Fletcher Building number one. This will of course all change over the next couple of years as the price of Fisher outpaces Fletchers with Fisher about $1.80 in 2012 and Fletcher's around $5.50 vs today's price of around $8.40 from memory.

Fishers is headed to a record profit this May and its share price will doubtless head up past the $10 mark and above and one wonders why the hell nobody has yet held out $ US10 billion or so to take this company within their fold.

Good.

These little 3 shares in my portfolio are among the best performing of the 9 that make up the Share Investor Portfolio.

I cant wait until the 20th.


P.S. Anyone who wants to train for the Auckland Marathon this October can! Train with me. If       you are interested and hopefully live in the Albany Auckland area. Give me a buzz @ shareinvestornz@gmail.com         



Links to Extra Reading on RYM, MFT, FPH

Think Bigger: How to Raise Your Expectations and Achieve Everything by Michael Hill

c Share Investor 2016

Share Investor Portfolio: Value at 31 January 2012

This edition of the share Share Investor Portfolio is the first one for 2012 and is down on the previous update*.

Compared to the 30 December 2011 update, the current value of the portfolio is up 1.27% or $3013.49. This includes net dividends.

15,000 FPH shares were added today at a cost of $2.15 per share or $32,250.00. If this purchase is included the portfolio is down by 1.72%. This is the figure that the portfolio will be tracked by over the coming year*.

I expect 2012 to be a worse year in terms of this portfolio and I expect it to be significantly down by the end of 2012.

Share Investor's 2012 Stock Picks reflect my negative sentiment for a large part of the portfolio for the coming year.

The total of unspent dividends and interest in the bank as at 30 Dec 2011, from the 2010 - 2011 earnings years is $328.54 at close of reporting season for 2010 and at the end of the 2011 2nd half reporting year. There are also approx $60,000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 11.64% or $30242.74 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2.

Share Investor Portfolio as at 17:30:00, Tuesday 31 January, 2012 (NZDT)

Stock		Quantity	Cost price	Total cost	Market price	Market value	Change	%
	AIA	2,000	$1.700	$3,400.00	$2.455	$4,910.00	$1,510.00	44.41%
	AIA	2,000	$1.510	$3,020.00	$2.455	$4,910.00	$1,890.00	62.58%
	AIA	674	$0.000	$0.00	$2.455	$1,654.67	$1,654.67
	AIA	638	$2.150	$1,371.70	$2.455	$1,566.29	$194.59	14.19%
	ASBPB	3,177	$0.000	$0.00	$0.595	$1,890.32	$1,890.32
	ASBPB	6,823	$1.000	$6,823.00	$0.595	$4,059.69	$2,763.32	40.50%
	BGR	725	$0.000	$0.00	$1.410	$1,022.25	$1,022.25
	BGR	2,275	$0.990	$2,252.25	$1.410	$3,207.75	$955.50	42.42%
	FBU	303	$0.000	$0.00	$6.520	$1,975.56	$1,975.56
	FBU	811	$9.750	$7,907.25	$6.520	$5,287.72	$2,619.53	33.13%
	FPH	3,000	$2.350	$7,050.00	$2.130	$6,390.00	$660.00	9.36%
	FPH	707	$0.000	$0.00	$2.130	$1,505.91	$1,505.91
	FPH	1,293	$3.720	$4,809.96	$2.130	$2,754.09	$2,055.87	42.74%
	FPH	15,000	$2.150	$32,250.00	$2.130	$31,950.00	$300.00	0.93%
	FRE	6,405	$3.630	$23,250.15	$3.690	$23,634.45	$384.30	1.65%
	FRE	2,226	$0.000	$0.00	$3.690	$8,213.94	$8,213.94
	GFF	607	$0.000	$0.00	$0.680	$412.76	$412.76
	GFF	1,393	$2.330	$3,245.69	$0.680	$947.24	$2,298.45	70.82%
	HLG	366	$0.000	$0.00	$3.700	$1,354.20	$1,354.20
	HLG	634	$2.530	$1,604.02	$3.700	$2,345.80	$741.78	46.25%
	KIP	740	$1.480	$1,095.20	$1.045	$773.30	$321.90	29.39%
	KIP	214	$0.000	$0.00	$1.045	$223.63	$223.63
	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	929	$0.000	$0.00	$9.750	$9,057.75	$9,057.75
	MFT	1,233	$4.200	$5,178.60	$9.750	$12,021.75	$6,843.15	132.14%
	MHI	1,646	$0.860	$1,415.56	$0.880	$1,448.48	$32.92	2.33%
	MHI	7,000	$0.630	$4,410.00	$0.880	$6,160.00	$1,750.00	39.68%
	MHI	209	$1.050	$219.45	$0.880	$183.92	$35.53	16.19%
	MHI	1,145	$0.000	$0.00	$0.880	$1,007.60	$1,007.60
	PPG	1,004	$0.800	$803.20	$0.300	$301.20	$502.00	62.50%
	PPG	1,443	$0.440	$634.92	$0.300	$432.90	$202.02	31.82%
	PPG	88	$0.000	$0.00	$0.300	$26.40	$26.40
	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	653	$0.000	$0.00	$2.830	$1,847.99	$1,847.99
	RYM	4,347	$1.970	$8,563.59	$2.830	$12,302.01	$3,738.42	43.65%
	SKC	5,750	$7.430	$42,722.50	$3.530	$20,297.50	$22,425.00	52.49%
	SKC	2,750	$7.700	$21,175.00	$3.530	$9,707.50	$11,467.50	54.16%
	SKC	1,431	$8.750	$12,521.25	$3.530	$5,051.43	$7,469.82	59.66%
	SKC	781	$7.600	$5,935.60	$3.530	$2,756.93	$3,178.67	53.55%
	SKC	26,203	$0.000	$0.00	$3.530	$92,496.59	$92,496.59
	STU	99	$0.000	$0.00	$2.240	$221.76	$221.76
	STU	301	$4.740	$1,426.74	$2.240	$674.24	$752.50	52.74%
	WHS	6,979	$6.000	$41,874.00	$3.040	$21,216.16	$20,657.84	49.33%
	WHS	3,761	$0.000	$0.00	$3.040	$11,433.44	$11,433.44
	WHS	4,260	$3.730	$15,889.80	$3.040	$12,950.40	$2,939.40	18.50%
23.43%   Total cost Market value       Change $295,078.81   $364,206.01   $69,127.20

Share Investor Portfolio @ Share Investor Share Investor Portfolio: Value @ 5 December 2011 Share Investor Portfolio: Value @ 28 November 2011 Share Investor Portfolio: Value @ 18 November 2011 Share Investor Portfolio: Value @ 11 November 2011 Share Investor Portfolio: Value @ 4 November 2011 Full list of portfolio updates from October 2010 - 30 Dec 2011 (scroll down to the bottom of the post)   Steve Jobs Biography - By Walter Isaacson c Share Investor 2012