Monday, June 29, 2009
Aaron Bhatnagar Nuts off, Again
Posted by Share Investor at 4:10 PM 0 comments
Labels: Aaron Bhatnagar
Aaron Bhatnagar Nuts Off
It is hard to get good, upstanding representation from our politicians these days.
Are we to take it that your political interests generate an unhealthy fetish with genitalia?"
I suggest you put a damp cloth on your forehead, have a nice cup of tea, and a take yourself off for a nice nap. You need it.
What a humourless scold."
I'm frankly astonished at your comments. Of all the things I could have said, it's almost unreal that my rather mild turn of phrase has set you off. If that's a standard you hold dear, then I don't want any of it."
Posted by Share Investor at 7:48 AM 6 comments
Labels: Aaron Bhatnagar, Auckland politics, local politics
Sunday, June 28, 2009
Michael Hill: Interview with Ian Fraser
You may have missed an interview with Michael Hill yesterday with Ian Fraser. I only caught it by accident while turning the dial.
Michael is currently on a media blitz to sell his book and this is another but more interesting leg.
The interview covers off his personal background and motivation to get him where he has.
It is very interesting to hear that up until the infamous house fire when he was 43 he wanted to "do more" in life but, like most of us, was fearful of making that step out of the comfort zone we place ourselves in. After that incident he reacted in a way that most wouldn't - he calmly decided that there was more to life than what he had experienced thus far and he was going to "go for it".
The fire somehow was the impetus that removed that block and allowed Hill to face new things without fear and that we all face that moment when a choice can be made that will change our lives but we don't always take it. -he did.
There was also an interesting admission, he mentioned that he has made a mistake by buying Whitehall Jewelers Holdings-based in the Chicago out of bankruptcy last year - not usually something that CEO's would readily admit to and he says he has learnt from it, the struggling US business has taught the company as a whole how to respond to the current tough economic times, he said.
I would recommend a listen, the interview is 46 minutes long, 16 MB and can be downloaded at Share Investor Forum here. You have to be a member to download, its free and quick - register, it takes less than a minute.
Disclosure I own Michael Hill International shares.
Michael Hill International @ Share Investor Blog
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c Share Investor 2009
Posted by Share Investor at 9:11 AM 0 comments
Labels: Ian Fraser, Michael Hill, Michael Hill interview
Friday, June 26, 2009
A Note to Prospective Restaurant Brand's Shareholders
There has been market talk in the past and more out today about how positive things look for Restaurant Brands [RBD.NZ] profit next year.
Yes, profit will be up marginally from last year and substantially from the last few years but this company really has had a dreadful past, so any increase in profit will look good.
I am not sure whether anyone follows this company closely in the broker/choker set but if they do they were either in nappies when the company listed back in 1997, too lazy to analyze the company's history properly, or ignoring the bleeding obvious simply because the stock will be back in the NZX 50 next week and brokers will have to add the stock to their index funds - read pump and dump.
While South African CEO Russel Creedy has done a much better job than any leader the company has had, he has gotten the company out of the fast food graveyard by focusing on cutting costs, speeding up service times and levels of service (my experience from gorging at KFC for the last 15 years and being a large RBD shareholder in the past) the industry that his company operates in is notoriously cyclical.
Fast food is currently undergoing a renaissance of sorts because of dire economic circumstances and people are looking for cheaper places to eat. RBD is now in the upper part of the fast food cycle, in fact I mentioned about ten years ago that its business cycle is up and down more than a cheap Krd hooker, anyway, that aside, my bet is that the stock may even race up to one and a half dollars or more from its current 1.02.
It has moved over the last couple of months ago from a low of 57c a stock price it last reached in the late 90s.
My point is if you are interested in buying into this stock, be warned that you should be there for the long-term because its stock price will come down again when it moves back off the peak of its economic cycle and once again struggles to maintain profit.
You have been warned dear readers but as always, do your own research.
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Related Amazon Reading
KFC in China: Secret Recipe for Success by Warren Liu
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c Share Investor 2009
Posted by Share Investor at 1:45 PM 0 comments
Labels: Restaurant Brands NZ