Hallenstein Glasson Holdings Ltd: Download full Company Analysis

Hallenstein Glasson Holdings Ltd [HLG.NZ] financial's including a full collection of data out May 6 2010 courtesy of Aspect Huntley/ASB Securities.

This is a series I will do for the Share Investor Portfolio and other NZX listed companies.

You will find balance sheets, ratios, charts, shareholder returns, 10 year analysis, broker recommendations, substantial shareholders, commentary and company details, forecasts and all the HLG info you could need to make a decision whether to invest or not. Download the full package at Share Investor Forum - you must join to download. It is free and takes less than a minute.


Disc I own HLG shares in the Share Investor Portfolio


Share Investor Portfolio Company Analysis Series

Auckland Airport Ltd
Michael Hill International Ltd
Xero Ltd

Hallenstein Glasson @ Share Investor

Hallenstein Guidance not indicative of wider retail recovery
Stock of the Week: Hallenstein Glasson
Hallenstein Glasson Australian expansion needs expert execution
Why did you buy that stock? [Hallenstein Glasson]

Discuss HLG @ Share Investor Forum




c Share Investor 2010

Rod Drury ready for the long-haul with Xero

I take a number of things away from an interview I did with Xero Ltd [XRO.NZ] Rod Drury but the two things that stick in my mind are his deep passion for the business and the fact that he is in it for the long haul.

Previous to this disclosure most of us thought he was trying to build a brand to eventually flog it off but Rod has some long term goals to achieve:

Share Investor - "Was the intention of yourself and the Xero board to build the company up as a brand with the express purpose of selling, along the lines of say 42 Below?"

Rod Drury - "No. Having sold businesses before, this time we want to grow a long term business. The market is really just starting and with accelerators like iPads, Google's up coming Chrome operating system we think that things are only just getting exciting."

While there is some merit in building a brand for someone else to buy in the short-term, more money will be made from a business for its shareholders - if it is based on good premise and run well - when the the long-term game is played. Xero has an advantage there playing the long term game.

Rod's overriding passion for his business is a motivation for those around him and the business as a whole because it provides an impetus for employees to manage themselves in a similar way and radiates out to Xero consumers - hey passion is contagious!!

I still wouldn't touch Xero with a barge pole though, not because I don't think the company is a good one, but as an investment it is one of the riskier ones for those individuals who understand the sector in which Xero operates. I still don't fully understand Xero and what they do and I like to invest in companies in which I know what they do and how they do it. I think you have to be a tech head or a user of Xero products to be able to know it well. Then if you are in that position and do know the company well and therefore see where they are going I dont blame you for investing .

Having said that I will reserve my final judgment for the promised profit for Xero in 2011 indicated by Xero management at their annual meeting last year.

I would like to publicly thank Rod for participating in the Q & A, for whatever you think of his company we don't get enough leaders of our public companies willing to put themselves under this much scrutiny.

I enjoyed the experience immensely.


Share Investor Q & A Series

Auckland Airport's Simon Moutter
Warehouse Group CEO Ian Morrice
Briscoe Group CEO Rod Duke
Ryman Healthcare's CFO Gordon Macleod
Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison


Xero @ Share Investor

Share Investor Interview: Xero's Rod Drury
Xero Ltd: Download full Company Analysis
Rod Drury on Xero and Growing Business
Xero set for surprise to the Market?
Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss Xero @ Share Investor Forum

Download Xero Company Reports






c Share Investor 2010

Xero Ltd: Download full Company Analysis

Xero Ltd [XRO.NZ] financial's including a full collection of data out 23 February 2010 courtesy of Aspect Huntley/ASB Securities.

This is a series I will do for the Share Investor Portfolio and other NZX listed companies.

You will find balance sheets, ratios, charts, shareholder returns, 10 year analysis, broker recommendations, substantial shareholders, commentary and company details, forecasts and all the AIA info you could need to make a decision whether to invest or not. Download the full package at Share Investor Forum - you must join to download. It is free and takes less than a minute.


Share Investor Portfolio Company Analysis Series

Auckland Airport Ltd
Michael Hill International Ltd


Xero @ Share Investor

Share Investor Interview: Xero's Rod Drury
Share Investor Q & A: Reader Questions to Xero's Rod Drury
Rod Drury on Xero and Growing Business
Xero set for surprise to the Market?
Love Xero?
Share Investor's 2010 Stock Picks
Stock of the Week: Xero Ltd

Discuss XRO @ Share Investor Forum
Listen to Rod Drury Interview




c Share Investor 2010

Ecoya IPO lights only one end of the candle

Ecoya Ltd [ECO.NZ] lists on the NZX this morning, Monday May 3 2010, but it begins its public life with an underwhelming IPO that only just lit one end of a scented candle.

There was NZ$10.1 million raised out of a possible $13 million (if you include over-subscriptions) with 2.5 million shares allocated to insiders topping up the money raised.

The economy isn't exactly firing at the moment so it could be that overall negative feeling having an effect on capital raising.

Having said that, in the thick of stockmarket and economic turmoil in 2009 many capital raisings were done by NZX listed firms and most if not all were well sort after and heavily oversubscribed so it proves where quality and stability of earnings is on the positive side of the ledger there is an appetite for investors to plunk down money.

There has been a dearth of high quality IPOs for many a year on the NZX, and in the absence of Fonterra or some of the taxpayer owned electricity companies listing, the future for investing in public companies looks a little bleak.

Don't get me wrong there is room for the riskier investment proposition that Ecoya is, but everyday investors in the stockmarket like myself want to see good medium to large companies coming to market with a proven track record, good balance sheet, a good economic advantage and reasonable future prospects.

The market has proven that Ecoya is not one of those companies thus far and it will be interesting to see market reaction this morning at 10.00am when selling of Ecoya shares goes live.

I am betting a southerly move in shareprice based on my negative outlook for the company and a severe correction in the DOW last Friday.

The IPO price was NZ $1 with two warrants per share.

NB: First bids up this morning at 10.15am is one for 83, one for 45c and one for 25c and sellers at $1 - $1.15. No trades have yet passed.







Ecoya Ltd @ Share Investor

Ecoya IPO: A Closer Look
Ecoya Prospectus Requires free registration
Ecoya.co.nz

Discuss ECO @ Share Investor Forum


Related Share Investor Reading

Burger Fuel doesn't rule out capital raising
Freightway's Capital Raising more of the same crap
Sweetheart deal for Fletcher Building's friends makes small investors sick
What 11 years of Stockmarket investing has taught me
The NZX continues to lose ground with retail investors
Sky City CEO doubles down
More Moola Please!
Are you experienced?
Sky City share offer confusing and unfair for small shareholders


From Fishpond.co.nz



Buy Every Bastard Says No - The 42 Below Story, by Geoff Ross & Justine Troy & more @ Fishpond.co.nz




c Share Investor 2010