Share Price Alert: Hallenstein Glasson Holdings Ltd 2

Hallenstein Glasson Holdings Ltd [HLG.NZX] makes a second appearance in this series of posts.

The first inclusion discussed the share price falling due to a profit downgrade in January and included the rider that this fall in share price would go further and to buy on "inevitable weakness."

This came after a peak in share price back in September 2010 that led me to ask if I should sell.

Since September then the stock price has lost almost 1 dollar and since the end of January has lost 50c to close at $3.63 yesterday.

Most retail stocks have suffered over the last month - with the exception of BGR & MHI - and I expect HLG to fall further on negative sentiment related to the economy as a whole and impacts from the Christchurch Earthquake last week.

I will be taking more interest in this stock myself sub 3 bucks.

It is a great company with its crucial value indicators looking more and more attractive as the share price weakens:

Price Earnings Ratio (P/E) 11.06

Earnings per Share (EPS) 32.8c

Net Tangible Assets per share $1.031

Total Net Div Paid (last full financial year) 31c

Gross Div Yield 12.33%


Once again buy on further weakness.


Disc I own HLG, BGR, MHI shares in the Share Investor Portfolio


Share Price Alert

Fletcher Building Ltd
Restaurant Brands Ltd
Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd


Hallenstein Glasson @ Share Investor

Share Price Alert: Hallenstein Glasson Holdings Ltd
Hallenstein Glassons Ltd: Should I stay or should I Go?
Mixed Retail Outlook
Long Term View: Hallenstein Glasson Holdings Ltd
The History Of: Hallenstein Glasson Holdings Ltd
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

Download HLG Company Reports
Download HLG Company History




Think Bigger: How to Raise Your Expectations and Achieve Everything by Michael Hill 




c Share Investor 2011

Share Price Alert: Fletcher Building Ltd

Give to those affected by the Christchurch Quake here

Fletcher Building Ltd [FBU.NZX] is but one stock listed on the NZX that has benefited from speculation based on probable contracts to reconstruct Christchurch after the massive earthquake there last week that destroyed a great deal of the city and its infrastructure.

Clearly FBU do set to gain from this tragedy and the share price has gained rapidly over the last week since the Tuesday 22 event. The share price pre-quake was $8.28 and at close of trading last Friday finished at $8.63, a gain of around 4% in a market that is otherwise heading south.

The stock has risen by around 13% since the beginning of 2011 on news of a good 2011 full year result.

The only question for investors is that just when the re-construction of Christchurch can begin and of course just when the income for that re-construction appears on company books.

While the current share price is breaking 6 month highs it appears that the market now sees this stock as a relative bargain if the Christchurch factor is entered into the equation.

Proceed with caution if you are interested in this company as initial share price movements could be the market overreacting to the Christchurch quake and subsequent trading could see some selling.


Disc I own FBU shares in the Share Investor Portfolio


Share Price Alert

Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd



Fletcher Building @ Share Investor

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Hugh Fletcher: Silver spoon no recipe for success
Long VS Short: Fletcher Building Ltd
Fletcher Building's Commercial arm keeps their head above the tunnel
Sweetheart deal for Fletcher Building's Friends
Fletcher House built on hard times
Fletcher Building down tools in the short term
Why did you buy that stock? [Fletcher Building Ltd]
A solid foundation for the future
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Fletcher's got game







c Share Investor 2011

Share Investor Portfolio: Value at 28 February 2011

The Share Investor Portfolio fell in the last week of February. The portfolio was down 1.78% or $4937.71 on the Feb 21 update . For the first 8 weeks of 2011 the portfolio has increased by 2.37% or $5753.93. This weeks fall was due, primarily, to small falls in most stocks due to the possible negative economic fallout from the Christchurch Earthquake

There has also been a profit result that has added cash dividends to the portfolio. AIA has paid dividends.

The total of unspent dividends and interest in the bank from the 2010 - 2011 earnings years is $20684.21 at close of reporting season for 2010 and partway through the 2011 year. There are also 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 25 February, 2011 (NZDT)

Stock	Quantity	Cost price	Total cost	Market price	Market value	Change	%
AIA	2,000	$1.700	$3,400.00	$2.240	$4,480.00	$1,080.00	31.76%
AIA	2,000	$1.510	$3,020.00	$2.240	$4,480.00	$1,460.00	48.34%
AIA	558	$0.000	$0.00	$2.240	$1,249.92	$1,249.92
AIA	754	$2.150	$1,621.10	$2.240	$1,688.96	$67.86	4.19%
ASBPB	3,027	$0.000	$0.00	$0.715	$2,164.31	$2,164.31
ASBPB	6,973	$1.000	$6,973.00	$0.715	$4,985.70	$1,987.31	28.50%
BGR	438	$0.000	$0.00	$1.370	$600.06	$600.06
BGR	2,562	$0.990	$2,536.38	$1.370	$3,509.94	$973.56	38.38%
FBU	284	$0.000	$0.00	$8.630	$2,450.92	$2,450.92
FBU	830	$9.750	$8,092.50	$8.630	$7,162.90	$929.60	11.49%
FPH	3,000	$2.350	$7,050.00	$3.050	$9,150.00	$2,100.00	29.79%
FPH	541	$0.000	$0.00	$3.050	$1,650.05	$1,650.05
FPH	1,459	$3.720	$5,427.48	$3.050	$4,449.95	$977.53	18.01%
FRE	2,054	$0.000	$0.00	$3.250	$6,675.50	$6,675.50
FRE	6,577	$3.630	$23,874.51	$3.250	$21,375.25	$2,499.26	10.47%
GFF	541	$0.000	$0.00	$1.690	$914.29	$914.29
GFF	1,459	$2.330	$3,399.47	$1.690	$2,465.71	$933.76	27.47%
HLG	244	$0.000	$0.00	$3.650	$890.60	$890.60
HLG	756	$2.530	$1,912.68	$3.650	$2,759.40	$846.72	44.27%
KIP	190	$0.000	$0.00	$0.990	$188.10	$188.10
KIP	810	$1.480	$1,198.80	$0.990	$801.90	$396.90	33.11%
MFT	1,000	$7.960	$7,960.00	$8.080	$8,080.00	$120.00	1.51%
MFT	1,838	$8.000	$14,704.00	$8.080	$14,851.04	$147.04	1.00%
MFT	657	$0.000	$0.00	$8.080	$5,308.56	$5,308.56
MFT	1,505	$4.200	$6,321.00	$8.080	$12,160.40	$5,839.40	92.38%
MHI	1,646	$0.860	$1,415.56	$0.880	$1,448.48	$32.92	2.33%
MHI	7,000	$0.630	$4,410.00	$0.880	$6,160.00	$1,750.00	39.68%
MHI	494	$1.050	$518.70	$0.880	$434.72	$83.98	16.19%
MHI	860	$0.000	$0.00	$0.880	$756.80	$756.80
PPG	31	$0.000	$0.00	$0.270	$8.37	$8.37
PPG	1,500	$0.440	$660.00	$0.270	$405.00	$255.00	38.64%
PPG	1,004	$0.800	$803.20	$0.270	$271.08	$532.12	66.25%
PPL	1,000	$3.090	$3,090.00	$1.390	$1,390.00	$1,700.00	55.02%
PPL	1,000	$2.870	$2,870.00	$1.390	$1,390.00	$1,480.00	51.57%
PPL	939	$4.200	$3,943.80	$1.390	$1,305.21	$2,638.59	66.90%
PPL	877	$0.000	$0.00	$1.390	$1,219.03	$1,219.03
PPL	1,184	$1.530	$1,811.52	$1.390	$1,645.76	$165.76	9.15%
RYM	459	$0.000	$0.00	$2.340	$1,074.06	$1,074.06
RYM	4,586	$1.970	$9,034.42	$2.340	$10,731.24	$1,696.82	18.78%
SKC	5,750	$7.430	$42,722.50	$3.260	$18,745.00	$23,977.50	56.12%
SKC	1,000	$7.600	$7,600.00	$3.260	$3,260.00	$4,340.00	57.11%
SKC	2,750	$7.700	$21,175.00	$3.260	$8,965.00	$12,210.00	57.66%
SKC	1,431	$8.750	$12,521.25	$3.260	$4,665.06	$7,856.19	62.74%
SKC	272	$4.720	$1,283.84	$3.260	$886.72	$397.12	30.93%
SKC	25,712	$0.000	$0.00	$3.260	$83,821.12	$83,821.12
STU	78	$0.000	$0.00	$2.590	$202.02	$202.02
STU	303	$4.740	$1,436.22	$2.590	$784.77	$651.45	45.36%
WHS	4,500	$3.730	$16,785.00	$3.450	$15,525.00	$1,260.00	7.51%
WHS	6,979	$6.000	$41,874.00	$3.450	$24,077.55	$17,796.45	42.50%
WHS	2,880	$0.000	$0.00	$3.450	$9,936.00	$9,936.00
WHS	641	$3.710	$2,378.11	$3.450	$2,211.45	$166.66	7.01%

18.99%

	Total cost	Market value	Change
	$273,824.04	$325,812.89	$51,988.85

Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 21 February 2011
Share Investor Portfolio: Value @ 14 February 2011
Share Investor Portfolio: Value @ 7 February 2011
Share Investor Portfolio: Value @ 31 January 2011
Share Investor Portfolio: Value @ 24 January 2011
Share Investor Portfolio: Value @ 17 January 2011
Share Investor Portfolio: Value @ 10 January 2011
Share Investor Portfolio: Value @ 3 January 2011
Share Investor Portfolio: Value @ 27 December 2010
Share Investor Portfolio: Value @ 20 December 2010
Share Investor Portfolio: Value @ 13 December 2010
Share Investor Portfolio: Value @ 6 December 2010
Share Investor Portfolio: Value @ 29 November 2010
Share Investor Portfolio: Value @ 22 November 2010
Share Investor Portfolio: Value @ 15 November 2010
Share Investor Portfolio: Value @ 8 November 2010
Share Investor Portfolio: Value @ 1 November 2010
Share Investor Portfolio: Value @ 25 October 2010
Share Investor Portfolio: Value @ 18 October 2010
Share Investor Portfolio: Value @ 11 October 2010
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c Share Investor 2011

Warren Buffett on the Human Spirit

Investor Warren Buffett is, through his big shareholding in Munich Reinsurance, along with Swiss Re, going to underwrite the bulk of the devastation in the Christchurch Earthquake and in his 2010 Annual Letter to Berkshire Hathaway Shareholders out today, has some very sage advice for America, which as we know is in financial strife and trying to rebuild its economy as we will have to rebuild Christchurch and our economy as a whole:

"Don’t let that reality spook you. Throughout my lifetime, politicians and pundits have constantly moaned about terrifying problems facing America. Yet our citizens now live an astonishing six times better than when I was born. The prophets of doom have overlooked the all-important factor that is certain: Human potential is far from exhausted, and the American system for unleashing that potential–a system that has worked wonders for over two centuries despite frequent interruptions for recessions and even a Civil War–remains alive and effective. We are not natively smarter than we were when our country was founded nor do we work harder. But look around you and see a world beyond the dreams of any colonial citizen. Now, as in 1776, 1861, 1932 and 1941, America’s best days lie ahead."

We must not give up, Mr Buffett is right, like America, Christchurch and New Zealand's best days lay ahead of us.

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