Pro murder protestors blinded by ignorance and hatred for the West

While rockets from mad Muslim Palestinians target innocent Israelis in schools, buses and their homes, ignorant fools such as John Minto and Keith Locke from the Green Party protest to support this sort of in discriminant killing and terrorist acts by picking on an innocent Israeli, Shahar Peer, a participant in the 2009 ASB Tennis Classic in Auckland, New Zealand.

If these haters of the Western way of life detest our culture so much and are willing to support mad Palestinian child killers then let me be the first to tell them to fuck-off and go and join their mad Muslim comrades in the Gaza Strip.

These people are dangerous, they don't fit in here and are ignorant of the facts of what has happened in the Middle East in the past and what is happening currently.

Similar protests worldwide wallow in similar ignorance and are blinded by their hatred for the West and all it stands for.

Shahar Peer lost her match against Russian top-seed Elena Dementieva and the rent a crowd shouting crap from outside Stanley Street certainly didn't help her case.

They wanted Shahar to withdraw from the tournament.

She will be back next year so good on her for standing up to the senseless bullying.

Shahar Peer in action today at Stanley St, against world number 4, Elena Dementieva.

c Political Animal 2009

February 2009 reporting season to headline a bad year

Welcome back to the Share Investor Blog for 2009.

I wish you all an especially prosperous year after the routing we have all had to our wealth last year.

Lets get back to business!

The first real indication of how the global recession has affected New Zealand business, in terms of profit and sales, will be of course the coming reporting season, which kicks off in February.

We have already had some indication of what might lay ahead.

August 2008 reporting season was flat to lack lustre and profit warnings from several companies pre-Christmas, especially retailers (with the notable exception of The Warehouse [WHS.NZ] which only saw a 1.9% same store sales report out today), which have taken the shine off Feb 2009.

The six months to February 2009 will show a good 3-4 months of trading for New Zealand NZX listed companies, under the economic gloom that kicked off in October 2008, with massive market corrections, credit difficulties and the collapse of some large American business icons, bailouts of banks, car makers and a host of other businesses, large and small.

It isn't going to be pretty.

While companies like Contact Energy[CEN.NZ], Sky City Entertainment[SKC.NZ], Vector [VCT.NZ], Trustpower [TPW.NZ] are likely to have solid profit results, businesses such as Nuplex [NPX.NZ], Pumpkin Patch [PPL.NZ] and Rakon [RAK.NZ] are going to disappoint.

Furthermore we will be able to get a better grip on how company management see the 2009 business year going.

To be sure many companies have already ditched any accurate forecast for the coming year but shareholder should expect to see comments that will elucidate company fortunes.

This will enable us all to more accurately gauge the value of companies in this market turmoil and ascertain as to whether the stockmarket drop over the last 6 months or so has been overdone or not.

I'm picking the market has been oversold, as it usually does in times of fear.

The meek amongst us will decide to sell our shares and others, like me, will then be more able to decide-another market explosion excepted* and that is very possible- when to start buying stocks again.

Make no mistake, 2009 isn't going to be a great year for the economy, business, stocks or any other asset but it is certainly going to separate the wheat from the chaff.

* some commentators are picking the commercial property bubble bursting. The only bubble left to burst.

Disclosure: I own SKC & PPL.

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c Share Investor 2009

MERRY CHRISTMAS: End of year comment

Like any other year 2008 has been a good and a bad year for politics.

We had the bad with Helen Clark bulldozing her way through nanny state laws with gay abandon and we had the Obama circus, a very beige looking man elected because of the colour of his skin.

On the good side we had New Zealanders overwhelmingly overthrow a socialist/communist government whose last dying proposal to restrict New Zealanders showering habits put the full stop on their state bothering ways.

To elect a man like John Key in the place of Helen Clark has been a revelation thus far.

Legislation to backpedal on moronic socialist laws began shortly after the November 8 election and lefty jaw flappers and so-called journalists have been frothing at the pen since, and I couldn't be happier.

It is great to see commonsense back in fashion.

It is this, the lack of negative politics and the fact that I got sick of reading about what the next loony thing the Labour party had done, said or would do after being elected or in opposition that had prevented me from writing about politics.

It is soul destroying to soak up so much garbage.

The new government have been thus far overwhelmingly positive, productive and have done and said all the right things,

They have provided a new more hopeful direction for us to move in and it is about bloody time.

There will be stumbles along the way over the next 3 years but Labour have left New Zealand in a particularly bad way, financially and socially.

They have lied and cheated their way through 9 years in power and it will take awhile to unravel the mess.

The macro issues over the global economy will also provide some pressure for John key and his government but they have shown indicators that they can get us through and New Zealanders think that as well otherwise the looney left would still be there.

Good luck to them for the New Year and we can only hope Labour continue to eat themselves as they have in opposition over the last 7 weeks.

New Zealand won, you lost, pass the bucket around the unions again.

Merry Christmas and a prosperous New Year to all my readers and I hope you enjoy your break.

Darren,  Political Animal.

c Political Animal 2008

MERRY XMAS: NZX & ASX Stockmarket Holiday hours

I wish all my loyal readers a very happy Christmas and a prosperous 2009 New Year.

It has been a pleasure writing on my favourite subject and I hope you may have found some interesting tidbits to help you out in these very crazy financial times.

I hope you can all join me in 2009 where we can all do it again.

Darren, Share Investor.




NZX & ASX market hours, 24 Dec-Jan 5

Wednesday 24 December- NZX and ASX markets close at 4.00pm NZT.

Thursday 25 December - NZX and ASX markets closed.

Friday 26 December - NZX and ASX markets closed.

Monday 29 December - normal market hours.

Tuesday 30 December - normal market hours.

Wednesday 31 December - NZX and ASX markets close at 4.00 pm NZT.

Thursday 1 January - NZX and ASX markets closed.

Friday 2 January - NZX closed, ASX open.

Monday 5 January - normal trading commences.


c Share Investor 2008