Share Investor

Friday, November 26, 2010

Stock of the Week: Fisher & Paykel Healthcare Ltd

I think I may well find a home for the $16,000.00 in dividends gained from the Share Investor Portfolio in the 2010 calender year. I am pretty bloody excited about it.

That stock is Fisher & Paykel Healthcare Ltd [FPH.NZX] and it is on my radar again because the stock has taken a plunge over the last month or so. This is primarily based on the weak US dollar having an impact on profit. Earlier this week its first half 2011 profit result showed a dip in fortunes because of the forex impact but US dollar sales increased markedly and commentary by management indicate increasing sales revenue and as a result of that manufacturing capacity is being increased to keep up with demand.

The profit drop wasn't well received by the market and the stock has dropped by 20c since the announcement and looks to be headed further south as short term investors seem to be indicating that they expect the US dollar to remain weak for some time.

This is not going to last forever though and investors would be wise, if FPH has been on their buy list, to consider putting the stock on their watchlist and look closely for further weakness in share price.

As I said a couple of weeks ago, I am interested in a sub $2.50 purchase price and think that is entirely possible given overall market uncertainty and continued weak US dollar.

Disclosure I own FPH shares in the Share Investor Portfolio

c Share Investor 2010

Monday, November 22, 2010

NZ Oil & Gas Ltd: Impacted by Pike River Coal

NZ Oil & Gas Ltd [NZO.NZX] is an almost 30% shareholder in Pike River Coal Ltd [PRC.NZX] and as such will clearly be impacted greatly in terms of the financial impact on it in relation to the Pike River Coal disaster which looks to have taken the lives of 29 brave men.

Its shares maybe suspended until Tuesday, as PRC's will be and follows the suspension of both on their listings on the ASX.

Apart from the tragedy, it will be hard to fathom the financial impact on NZO, but it will be substantial and as such will have a material impact on the share price of the company.

It is possible that the PRC mine may never be put back into commission, so this would mean PRC the company would be no more but this could be an opportunity for investors to get NZO shares on the cheap - they at least have oil assets to fall back on.

Best to all the families down on the West Coast. Our thoughts are with you.

Related

Pike River Facebook Supporters Page

Related Share Investor Reading

Pike River Coal Shares set to Plunge

NZ Oil & Gas @ Share Investor

Long Term View: NZ Oil & Gas Ltd

Discuss NZO @ Share Investor Forum
Download NZO Company Reports

New From Fishpond.co.nz

Allan Hubbard: Man Out of Time - By Virginia Green

c Share Investor 2010

Share Investor Portfolio: Value @ 22 November 2010

The Share Investor Portfolio took a hit last week and is down 2.18% or $6169.27 from the previous update. This was mainly due to a 8c drop in the SKC share price but most stocks were down in a wider market also headed south.

Dividends from the following stocks were recently added: NZ $81.90 from ASBPB, $450.00 from MFT, $170 from RYM to take the total of unspent dividends in the bank from the 2010 earnings year to $16361.93 and approx $50000.00 in tax credits earned from the portfolio since it began in late 2002.

Share Investor Portfolio as at 17:30:00, Friday 19 November, 2010 (NZDT)

Stock

Quantity

Cost price

Total cost

Market price

Market value

Change

AIA

2,000

$1.700

$3,400.00

$2.070

$4,140.00

$740.00

21.76%

AIA

2,000

$1.510

$3,020.00

$2.070

$4,140.00

$1,120.00

37.09%

AIA

803

$2.150

$1,726.45

$2.070

$1,662.21

$64.24

3.72%

AIA

445

$0.000

$0.00

$2.070

$921.15

AIA

$1.650

$105.60

$2.070

$132.48

$26.88

25.45%

ASBPB

2,946

$0.000

$0.00

$0.731

$2,153.53

ASBPB

7,054

$1.000

$7,054.00

$0.731

$5,156.47

$1,897.53

26.90%

BGR

438

$0.000

$0.00

$1.420

$621.96

BGR

2,562

$0.990

$2,536.38

$1.420

$3,638.04

$1,101.66

43.43%

FBU

266

$0.000

$0.00

$7.930

$2,109.38

FBU

848

$9.750

$8,268.00

$7.930

$6,724.64

$1,543.36

18.67%

FPH

3,000

$2.350

$7,050.00

$2.990

$8,970.00

$1,920.00

27.23%

FPH

469

$0.000

$0.00

$2.990

$1,402.31

FPH

1,531

$3.720

$5,695.32

$2.990

$4,577.69

$1,117.63

19.62%

FRE

1,882

$0.000

$0.00

$2.950

$5,551.90

FRE

6,749

$3.630

$24,498.87

$2.950

$19,909.55

$4,589.32

18.73%

GFF

541

$0.000

$0.00

$1.810

$979.21

GFF

1,459

$2.330

$3,399.47

$1.810

$2,640.79

$758.68

22.32%

HLG

244

$0.000

$0.00

$4.500

$1,098.00

HLG

756

$2.530

$1,912.68

$4.500

$3,402.00

$1,489.32

77.87%

KIP

190

$0.000

$0.00

$1.040

$197.60

KIP

810

$1.480

$1,198.80

$1.040

$842.40

$356.40

29.73%

MFT

1,000

$7.960

$7,960.00

$7.310

$7,310.00

$650.00

8.17%

MFT

1,838

$8.000

$14,704.00

$7.310

$13,435.78

$1,268.22

8.63%

MFT

657

$0.000

$0.00

$7.310

$4,802.67

MFT

1,505

$4.200

$6,321.00

$7.310

$11,001.55

$4,680.55

74.05%

MHI

1,646

$0.860

$1,415.56

$0.790

$1,300.34

$115.22

8.14%

MHI

7,000

$0.630

$4,410.00

$0.790

$5,530.00

$1,120.00

25.40%

MHI

718

$0.000

$0.00

$0.790

$567.22

MHI

636

$1.050

$667.80

$0.790

$502.44

$165.36

24.76%

PPG

$0.000

$0.00

$0.300

$9.30

PPG

1,500

$0.440

$660.00

$0.300

$450.00

$210.00

31.82%

PPG

1,004

$0.800

$803.20

$0.300

$301.20

$502.00

62.50%

PPL

1,000

$3.090

$3,090.00

$1.860

$1,860.00

$1,230.00

39.81%

PPL

1,000

$2.870

$2,870.00

$1.860

$1,860.00

$1,010.00

35.19%

PPL

939

$4.200

$3,943.80

$1.860

$1,746.54

$2,197.26

55.71%

PPL

877

$0.000

$0.00

$1.860

$1,631.22

PPL

1,184

$1.530

$1,811.52

$1.860

$2,202.24

$390.72

21.57%

RYM

459

$0.000

$0.00

$2.150

$986.85

RYM

4,586

$1.970

$9,034.42

$2.150

$9,859.90

$825.48

9.14%

SKC

5,750

$7.430

$42,722.50

$3.110

$17,882.50

$24,840.00

58.14%

SKC

1,000

$7.600

$7,600.00

$3.110

$3,110.00

$4,490.00

59.08%

SKC

2,750

$7.700

$21,175.00

$3.110

$8,552.50

$12,622.50

59.61%

SKC

1,431

$8.750

$12,521.25

$3.110

$4,450.41

$8,070.84

64.46%

SKC

25,085

$0.000

$0.00

$3.110

$78,014.35

SKC

899

$4.720

$4,243.28

$3.110

$2,795.89

$1,447.39

34.11%

STU

$0.000

$0.00

$2.180

$170.04

STU

322

$4.740

$1,526.28

$2.180

$701.96

$824.32

54.01%

WHS

4,500

$3.730

$16,785.00

$3.770

$16,965.00

$180.00

1.07%

WHS

6,979

$6.000

$41,874.00

$3.770

$26,310.83

$15,563.17

37.17%

WHS

2,880

$0.000

$0.00

$3.770

$10,857.60

WHS

641

$3.710

$2,378.11

$3.770

$2,416.57

$38.46

1.62%

14.43%

	Total cost	Market value	Change
	$278,382.29	$318,556.21	$40,173.92

Sunday, November 21, 2010

Pike River Coal Shares set to Plunge

In the wake of the Pike River Coal tragedy still unfolding it might be worth taking a look at the listed company Pike River Coal Ltd [PRC.NZX] and what its share price is doing.

The company has had a very patchy time business wise and share price wise since it listed back in July 2007.

It has been developing the Pike River mine for many years and in that time has gone back to the market several times for more money and since coal production began earlier this year its projected coal output has dropped by more than half.

Its share price reached a high of around $2.50 back in 2008 and currently sits at 88c. It has dropped considerably over the last month or so on revised production figures from $1.20 down to the current price.

Mining is very risky for the shareholder.

The latest disaster will impact the PRC share-price when the NZX opens tomorrow as the market was not fully aware of its unfolding when it was reported at approximately 4.00pm Friday 19.

The shares, which are dual listed on the ASX lost over 14% on that market late Friday before a trading halt was put in place until Tuesday 23, 2010.

It is likely that the halt will extend to the NZX listed shares but when lifted clearly it will provide opportunities for investors to make their move.

This of course will be based on scant knowledge of how much damage the mine will have been subject to and when the company will be able to recommence production.

Lets hope the 29 boys now down the mine will be able to surface and get back to the coal face as soon as possible. We are all thinking about them and their families.

Related

Pike River Facebook Supporters Page

Related Share Investor Reading

NZ Oil & Gas Ltd: Impacted by Pike River Coal

PRC @ Share Investor

Discuss PRC @ Share Investor Forum
Download PRC Company Reports

New From Fishpond.co.nz

Allan Hubbard: Man Out of Time - By Virginia Green

c Share Investor 2010

Share Investor

Friday, November 26, 2010

Stock of the Week: Fisher & Paykel Healthcare Ltd

Monday, November 22, 2010

NZ Oil & Gas Ltd: Impacted by Pike River Coal

Share Investor Portfolio: Value @ 22 November 2010

Sunday, November 21, 2010

Pike River Coal Shares set to Plunge

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