Fisher & Paykel Healthcare Ltd: The Time to Buy

Fisher & Paykel Healthcare Ltd [FPH.NZX] . If you are a regular reader of this blog over the last 10 years or just a recent convert you will know that I am in love with this stock.

I bought It over many years AND I bought it for a good price.

It currently returns well over 10% p/a and I expect it to increase substantially as the years tick over.

If you are a holder well done but if you're not when is a good time to buy?

My answer to this is not complicated. 

The first thing to remember is that I didn't buy the bulk of my holding until January 2012 and that was after having it on my watchlist for many years.

I bought, because the shares were good value - mainly due to the lower value of the kiwi/US dollar cross.

The lower it goes the less money Fisher & Paykel Healthcare make when it is converted back into kiwi dollars.

Unless there has been a drastic change in the structure of the dollar market this same effect will happen again - no matter how much Fisher & Paykel hedge against the US dollar.

This should have an impact on the share price.

Nothing wrong with the company just the relationship to its various branches - in this case the US one.




Fisher & Paykel Healthcare @ Share Investor

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Discuss FPH @ Share Investor Forum
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c Share Investor 2017

Share Price Alert: Port of Tauranga Ltd 3

Port of Tauranga Ltd [POT.NZX] looks like it's creeping towards the 4 buck range.

If you, like me, are watching this closely it looks like it could breach that magical 4 buck mark.

As I write shares are trading at $4.15 but have been lower today at $4.07.

No news out just trading for the sake of it.

In absence of bad news I might put a bid in at $3.95.

Better value than when we last looked at it on Feb 27.


POT @ Share Investor

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Discuss POT @ Share Investor Forum
Download POT Company Reports

c Shareinvestor 2017

Auckland Airport: Its a Buy

Auckland International Airport Ltd [AIA.NZX] is ripe for the picking of dividends right now.

The last day for qualifying is 21 March. The dividend is 10c per share and I obtained another 1000 for my short term portfolio to take me up to 2000 so far. 

Not really concerned about the really short term changes in the daily value and probably will release them for somebody else after the next profit announcement in August.

Will definitely release them when they get close to 8 bucks.

This really is a no brainer.

An excellent long term prospect and a good short term trade all day long.

AND, briefly AIA shares although might sort of wait a bit to see if it will go lower - this bit I wrote yesterday came true sooner than I thought and I bought them for $6.995.





AIA @ Share Investor

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Discuss this Stock @ Share Investor Forum - Register free 
Download AIA Company Reports

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c Share Investor 2017

The Warehouse: The Solution; Sell Sell Sell !!

Part The Warehouse team on the lawn at their head office in Akoranga Drive.
They needn't have 1200 working there though. 200 would be sufficient.

The Warehouse Group Ltd [WHS.NZX] was last visited on February 20th when it was trading at $2.64c.

I sold 4900 shares on Friday March 10 for a loss of about $2000 at a consideration of $12020. I kept 100 just for fun and to cause trouble if I want - it could sell one day.

While a teeny tiny part of my portfolio, it kind of stuck in my craw a little bit. Having that Sword of Damocles hanging over me when I knew I should have walked away from it about 3-4 years ago.

Ill leave the woe is me I lost money on this one behind cause I left that particular kind of thing behind on Feb 6 2012 - except to say this money is destined for lawyers again because my Ex wife is being rather nasty with our child - should have followed my passion into the law cause my current lawyer has now got a vast amount of my money. 

Never fear.

Anyway.

What sort of psycho babble keeps a person holding onto a share when they know they should have sold some years ago?

I think it is fear. Fear that you made a mistake buying it in the first place. Fear that you held on for too long and fear that you finally have to crystallize your loses making it feel somehow real.

I don't feel that now though. I just feel relived. Relived that I have preserved some capital and I could pursue other purchases with it - briefly AIA shares although might sort of wait a bit to see if it will go lower.

Yeah, I think relief from the constant niggle in the back of my head that really should be rid of that little monster the WHS. 

I will give them 2 years. 

If they havent cleaned out head office of 800 folk and gotten rid of the hundred of lines of useless junk taking up space on their shelves - who the hell sells DVD'S these days - then they will be confined to history. 

Avoid at any cost.



The Warehouse Group @ Share Investor

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Discuss WHS @ Share Investor Forum - Register free 
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c Share Investor 2017