Tuesday, February 10, 2009
Key keeps his head while others channel Chicken Little
Posted by Share Investor at 7:28 PM 0 comments
Labels: chicken little, economic stimulus, John Key
Scam Watch: Optionetics (UPDATE)
You may have noticed that I use Google advertising on the Share Investor Blog.
I use it because it is easy.
I have now blocked the offending advertising thanks to a reader, please let me know if you can still see them in a URL I haven't thought of.
There is one ad that keeps coming up and I must warn my readers about the company.
It is an options trading package that is over hyped, overpriced and underwhelming.
You can options trade by simply doing it yourself or perhaps buying a book and learning.
The company is called Optionetics and the ad will appear with your local URL depending on the country you are viewing this on.
Long-term readers of this blog might like to know that Philip MacCalister, he of Good Returns and a whole host of other financial websites and a rather underhanded individual when it comes to competing with me, is still spamming me with emails and the latest one was spruiking Optionetics.
Here is the link and the content of the email.
Mind you you cant expect much from a man who endorsed Bridgecorp and a whole host of other failed finance companies.
I DO NOT endorse Optionetics and would advise my readers to take a very wide berth of that company and anyone pushing it.
Related Links
Consumer.org.nz - Consumers take
Recommended Amazon Reading
The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
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c Share Investor 2009
Posted by Share Investor at 8:51 AM 2 comments
Labels: Optionetics, options
Long vs Short: Pumpkin Patch Ltd
In this fifth installment of the Long vs Short series I am once again going to take look at the chart comparisons for a stock from the Share Investor Portfolio and compare the 4 year return (above chart) (PPL listed June 15 2004, so I cant give you a 10 year period like other stocks in this series) to the turmoil of the last year with a 1 year return chart (large chart at bottom of post).
In this series I want to show the merits of investing, using charts, for the long-term vs short term gains or losses. I will use the longest available data to me for the long-term view (10 years )and will make a comparison against the NZX50.
In the fifth of this segment of Long vs Short I will take a look at Pumpkin Patch Ltd [PPL.NZ]
I currently hold 5000 Pumpkin Patch shares after buying 1000 in August 2006 and have added more since then to take the total to 5000 (see small chart below for detail)
Now this is one of the worst performing shares in the portfolio so I expected a poor result for my shareholding which spans about 2.5 years.
I was right!
My Portfolio | |||
Symbol | Price | Value | Earned |
$0.900 | $4500 | $-8200 | |
If I had held this stock for a full 4.5 years of company listing (see large chart at top) my return would have been 60%-including dividends, tax credits and minus brokerage, the NZX is a gross index of stocks.
By comparison if I had held the stock for just one year (see large chart below) my return would have been a loss of just under 30%.
My total return after 2.5 years or so is a loss of 64% (see small chart on left) That is after dividends and tax credits are added and brokerage applied.
When I initially started this edition of the Long vs Short Series I was expecting to see the long-term return to be negative because the stock has really been hammered. If you were lucky enough to participate in the June 2004 IPO at NZ$1.25 you would still have had a 60% return after collecting the dividends and tax credits, even though the share price ended at 90c today.
Long is still winning after five editions of Long vs Short.
Pumpkin Patch @ Share Investor
Pumpkin Patch Buyback shows Confidence in the Future
Pumpkin Patch takes a hit
Pumpkin Patch ripe for the picking
What is Jan Cameron up to?
I'm buying
Why did you buy that Stock? [Pumpkin Patch]
Rod Duke's Pumpkin Patch gets bigger
Buyer of large piece of Pumpkin Patch a mystery
Pumpkin Patch a screaming buy
Broker downgrades of PPL lack long term vision
Pumpkin's expansion comes at a cost
Pumpkin Patch vs Burger Fuel
Pumpkin Patch profits flatten
New Zealand Retailers ring up costs not tills
Long vs Short series
Fisher & Paykel Healthcare
Mainfreight Ltd
The Warehouse Group
Sky City Entertainment
Related Reading
Pumpkin Patch financial data
Related Amazon Reading
Using Technical Analysis: A Step-by-Step Guide to Understanding and Applying Stock Market Charting Techniques, Revised Edition by Clifford Pistolese
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c Share Investor 2009
Posted by Share Investor at 12:01 AM 0 comments
Labels: Long vs Short: Pumpkin Patch Ltd
Sunday, February 8, 2009
Follow Share Investor's Portfolio: Edition 2
It is about time we took another look at the Share Investor Portfolio. All this market hurly burly surely must have made a significant difference right? Last time we took a look on November 24 (or see portfolio below the current one).
When we compare it with the latest update from Thursday 5th Feb market close we can see that the portfolio is actually mostly marking time, if not slightly up.
The biggest gainer in the portfolio Sky City Entertainment, [SKC.NZ] is up and the biggest loser, Pumpkin Patch Ltd, [PPL.NZ] is even stevens.
I don't look at the Share Investor Portfolio all the time-apart from being depressing you all know that I am a long-term stockholder-but after a 2 month comparison things really don't seem that bad at all.
Share Investor Portfolio @ 5 February 2009
ASB Capital No.2 | 0.8 | 0 | (0.00%) |
Auckland International | 1.9 | 0.02 | (1.06%) |
Briscoe Group Ltd | 0.8 | 0.03 | (3.90%) |
Fisher & Paykel Health | 3.29 | -0.05 | (-1.50%) |
Fletcher Building | 5.52 | -0.01 | (-0.18%) |
Freightways Ltd | 2.95 | -0.05 | (-1.67%) |
Goodman Fielder Ltd | 1.76 | -0.01 | (-0.56%) |
Hallenstein Glasson | 2.16 | -0.04 | (-1.82%) |
Kiwi Income Prop | 1.03 | 0 | (0.00%) |
Mainfreight Ltd | 4 | 0.1 | (2.56%) |
Michael Hill Inte | 0.53 | 0.02 | (3.92%) |
Postie Plus Group | 0.3 | 0.01 | (3.45%) |
Pumpkin Patch Ltd | 0.93 | 0.01 | (1.09%) |
Ryman Healthcare | 1.37 | 0 | (0.00%) |
Sky City Entertainment | 3.08 | -0.01 | (-0.32%) |
Steel & Tube Holdings | 3.06 | -0.04 | (-1.29%) |
The Warehouse Group | 3.6 | -0.1 | (-2.70%) |
Share Investor Portfolio @ 24 November 2008
ASB Capital No.2 | 0.85 | -0.007 | (-0.82%) |
Auckland International | 1.66 | 0.05 | (3.11%) |
Briscoe Group Ltd | 0.75 | 0 | (0.00%) |
Fisher & Paykel Healthcare | 3.01 | -0.04 | (-1.31%) |
Fletcher Building | 5.55 | 0.13 | (2.40%) |
Freightways Ltd | 2.9 | -0.03 | (-1.02%) |
Goodman Fielder Ltd | 1.8 | 0 | (0.00%) |
Hallenstein Glasson | 2.28 | 0 | (0.00%) |
Kiwi Income Property | 1.04 | 0 | (0.00%) |
Mainfreight Ltd | 4.25 | 0.04 | (0.95%) |
Michael Hill International | 0.57 | 0.02 | (3.64%) |
Postie Plus Group | 0.3 | 0 | (0.00%) |
Pumpkin Patch Ltd | 0.93 | 0.13 | (16.25%) |
Ryman Healthcare | 1.45 | 0.05 | (3.57%) |
Sky City Entertainment | 2.98 | 0.01 | (0.34%) |
Steel & Tube Holdings | 2.7 | 0 | (0.00%) |
The Warehouse Group | 3.6 | 0.03 | (0.84%) |
Go here to see updated prices and refresh your browser to get the latest market price*
* 20 Mins delayed
**The two comparisons above are snapshots of performance for the Share Investor Portfolio on the given dates and have no relevance to its overall performance over the long-term.
You can follow the Share Investor Portfolio now by scrolling down the left hand side of any page of the blog and go to the "Share Investor's Portfolio" module. Each stock in my portfolio is listed there with a 20 min delayed feed of prices from Yahoo Finance and associated charts, news and NZX releases for the day.
See how badly or well it is doing.
You can also follow the daily market value of two individual shareholdings of mine, Sky City Entertainment and Pumpkin Patch, the best and worst performers in my portfolio respectively, just below the Share Investor's Portfolio module on the left-hand column of the blog. These update the dollar values of each stock and return they have given me thus far.
Related Share Investor reading
Why did you buy that stock?
Why did you buy that stock? [Fletcher Building Ltd]
Why did you buy that stock? [Freightways Ltd]
Why did you buy that stock? [Kiwi Income Property Trust]
Why did you buy that stock? [Hallenstein Glasson]
Why did you buy that stock? [Briscoe Group]
Why did you buy that stock? [Fisher & Paykel Healthcare]
Why did you buy that stock? [Pumpkin Patch Ltd]
Why did you buy that stock? [Ryman Healthcare]
Why did you buy that stock? [Michael Hill International]
Why did you buy that stock? [Mainfreight]
Why did you buy that stock? [The Warehouse]
Why did you buy that stock? [Goodman Fielder]
Why did you buy that stock? [Auckland Airport]
Why did you buy that stock? [Sky City Entertainment]
Shareinvestorforum.com- Discuss this Share Investor Post
Long vs Short series
Fisher & Paykel Healthcare
Mainfreight Ltd
The Warehouse Group
Sky City Entertainment
From Amazon
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c Share Investor 2008, 2009
Posted by Share Investor at 7:24 PM 3 comments