Monday, March 14, 2011

Lazy, Dangerous, Sunday Afternoon

There is a playground (more like an assault course really)we took our 20 month old girl to over last weekend that is in the mold of the playgrounds of old.

There is the slightest bit of danger present if you put a foot wrong or are too silly.

For the PC :

There is a BIG climbing structure made from rope, yes rope!

There is a water feature there that kids can participate in, yes water!

One set of swings is a massive pair that swings out over a sharply receding bank that if you get enough height your body wants to lift off and keep going at the top. Let go and you will be airboure 5 metres into the air!

Even the steps running down to the ground have to be carefully negotiated or you will tumble down a bank.

I remember a merry go round type thing in my old playground that you could spin around yourself to maximum revs (as fast as YOU could go) and if you got off too soon or someone got on with the wrong footing blood and guts would be the outcome.

This new playground is one of those! Even I am scared of the swing and was laughing like a kid using it.

Oh yeah, my girl didn't drown, hang herself or get launched into space because I was there to supervise - mental note how come my parents let us do all of this relatively unsupervised?

Kids learn alot from this sort of play. They learn about risk, adventure, discipline, boundaries and the possibilities they might bring latter on in life.

I think at least 50% of my fun was about how this thing was built in the first place considering the bubble wrapping most of us have been subject to, especially our kids.

Humans need danger to survive, especially children, so they can understand what that word means and that life is chock full of risks.

No I am not going to tell you where it is because seriously if one of you PC lot here about this, you would want to close it down.

Mental note 2: There are also trees you can climb at the bottom of the playground, BIG trees !

What a great 30 mins on a lazy Sunday that was :)



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Share Investor Portfolio: Value @ 14 March 2011

The Share Investor Portfolio rose again in the second week of March. The portfolio was up 1.23% or $2827.26 on the March 8 update . For the first 10 weeks of 2011 the portfolio has increased by 5.75% or $14411.87. This weeks rise was due, primarily, to MFT adding 76c on the back of the purchase of European logistics operator Wim Bosman Group and the WHS after their profit result.

There have also been 2 profit results (1, 2 )that has added cash dividends to the portfolio

The total of unspent dividends and interest in the bank from the 2010 - 2011 earnings years is $23339.21 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 11 March, 2011 (NZDT)

Stock
Quantity
Cost price
Total cost
Market price
Market value
Change
%
AIA

2,000 $1.700 $3,400.00 $2.210 $4,420.00 $1,020.00 30.00%
AIA

2,000 $1.510 $3,020.00 $2.210 $4,420.00 $1,400.00 46.36%
AIA

558 $0.000 $0.00 $2.210 $1,233.18 $1,233.18
AIA

754 $2.150 $1,621.10 $2.210 $1,666.34 $45.24 2.79%
ASBPB

3,027 $0.000 $0.00 $0.690 $2,088.63 $2,088.63
ASBPB

6,973 $1.000 $6,973.00 $0.690 $4,811.37 $2,161.63 31.00%
BGR

619 $0.000 $0.00 $1.400 $866.60 $866.60
BGR

2,381 $0.990 $2,357.19 $1.400 $3,333.40 $976.21 41.41%
FBU

284 $0.000 $0.00 $8.790 $2,496.36 $2,496.36
FBU

830 $9.750 $8,092.50 $8.790 $7,295.70 $796.80 9.85%
FPH

3,000 $2.350 $7,050.00 $2.980 $8,940.00 $1,890.00 26.81%
FPH

541 $0.000 $0.00 $2.980 $1,612.18 $1,612.18
FPH

1,459 $3.720 $5,427.48 $2.980 $4,347.82 $1,079.66 19.89%
FRE

2,054 $0.000 $0.00 $3.120 $6,408.48 $6,408.48
FRE

6,577 $3.630 $23,874.51 $3.120 $20,520.24 $3,354.27 14.05%
GFF

586 $0.000 $0.00 $1.570 $920.02 $920.02
GFF

1,414 $2.330 $3,294.62 $1.570 $2,219.98 $1,074.64 32.62%
HLG

244 $0.000 $0.00 $3.620 $883.28 $883.28
HLG

756 $2.530 $1,912.68 $3.620 $2,736.72 $824.04 43.08%
KIP

190 $0.000 $0.00 $0.995 $189.05 $189.05
KIP

810 $1.480 $1,198.80 $0.995 $805.95 $392.85 32.77%
MFT

1,000 $7.960 $7,960.00 $8.820 $8,820.00 $860.00 10.80%
MFT

1,838 $8.000 $14,704.00 $8.820 $16,211.16 $1,507.16 10.25%
MFT

657 $0.000 $0.00 $8.820 $5,794.74 $5,794.74
MFT

1,505 $4.200 $6,321.00 $8.820 $13,274.10 $6,953.10 110.00%
MHI

1,646 $0.860 $1,415.56 $0.870 $1,432.02 $16.46 1.16%
MHI

7,000 $0.630 $4,410.00 $0.870 $6,090.00 $1,680.00 38.10%
MHI

494 $1.050 $518.70 $0.870 $429.78 $88.92 17.14%
MHI

860 $0.000 $0.00 $0.870 $748.20 $748.20
PPG

31 $0.000 $0.00 $0.250 $7.75 $7.75
PPG

1,500 $0.440 $660.00 $0.250 $375.00 $285.00 43.18%
PPG

1,004 $0.800 $803.20 $0.250 $251.00 $552.20 68.75%
PPL

1,000 $3.090 $3,090.00 $1.270 $1,270.00 $1,820.00 58.90%
PPL

1,000 $2.870 $2,870.00 $1.270 $1,270.00 $1,600.00 55.75%
PPL

939 $4.200 $3,943.80 $1.270 $1,192.53 $2,751.27 69.76%
PPL

975 $0.000 $0.00 $1.270 $1,238.25 $1,238.25
PPL

1,086 $1.530 $1,661.58 $1.270 $1,379.22 $282.36 16.99%
RYM

459 $0.000 $0.00 $2.350 $1,078.65 $1,078.65
RYM

4,586 $1.970 $9,034.42 $2.350 $10,777.10 $1,742.68 19.29%
SKC

5,750 $7.430 $42,722.50 $3.390 $19,492.50 $23,230.00 54.37%
SKC

1,000 $7.600 $7,600.00 $3.390 $3,390.00 $4,210.00 55.39%
SKC

2,750 $7.700 $21,175.00 $3.390 $9,322.50 $11,852.50 55.97%
SKC

1,431 $8.750 $12,521.25 $3.390 $4,851.09 $7,670.16 61.26%
SKC

272 $4.720 $1,283.84 $3.390 $922.08 $361.76 28.18%
SKC

25,712 $0.000 $0.00 $3.390 $87,163.68 $87,163.68
STU

78 $0.000 $0.00 $2.540 $198.12 $198.12
STU

303 $4.740 $1,436.22 $2.540 $769.62 $666.60 46.41%
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

15 $3.710 $55.65 $3.450 $51.75 $3.90 7.01%
WHS

3,506 $0.000 $0.00 $3.450 $12,095.70 $12,095.70


22.37%


Total cost Market value Change

$271,067.60 $331,714.39 $60,646.79


Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 8 March 2011
Share Investor Portfolio: Value @ 28 February 2011
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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Friday, March 11, 2011

Share Price Alert: New Zealand Stock Exchange Ltd



Somehow the recent meteoric rise in New Zealand Stock Exchange Ltd [NZX.NZX] has passed me by.

In the last 10 days alone NZX shares have added 49c or 30% and are well off a 52 week low of $1.39 reached back in September 2010.

Quite honestly I am scratching my head as to why this might be.

The 2010 full year net profit result was underwhelming and the outlook isn't as near as promising as the share price might indicate.

The stock is thinly traded, with mostly brokers holding the bulk of shares but clearly the share price has gotten away from the realities of company performance and its current price might be a good place to say goodbuy.

A 30% rise in share price is not a sustainable one.

For short-term investors you might want to sell for a quick buck and for those of you wanting this stock for your long-term portfolio best be patient and wait for the share price drop.


Share Price Alert

Mainfreight Ltd
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Restaurant Brands Ltd
Mainfreight Ltd
Tourism Holdings
Goodman Fielder Ltd
Pumpkin Patch Ltd
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NZ Refining Ltd
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Xero Ltd


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c Share Investor 2011



Thursday, March 10, 2011

AUDIO: Two Essential Investor Interviews

I have included two crucial interviews carried out by Kathryn Ryan from Radio New Zealand made over the last two days.

The first is an interview with Mark Binns, infrastructure CEO of Fletcher Building Ltd [FBU.NZX] where he talks about his company's role in rebuilding Christchurch and the obvious benefits that will bring to the company over the next 3-5 years.

The second interview is with Allan Bollard, Reserve Bank Governor, and his rationale for increasing the OCR today by 50 basis points to 2.5%.

The last interview is especially interesting given that Bollard made a preemptive rate cut today rather than the typical reactive moves that he usually makes, so it is clear that he sees the economy getting worse over 2011, partly due to the Christchurch Earthquake and that things will not pick up until 2012 when we will see increasing economic activity surrounding , ironically, around the rebuilding of Christchurch.

Fletcher Building will be one of the largest benefactors of this rebuilding so it makes the interview compelling listening to those investors thinking of buying FBU shares.

Download Interviews


Mark Binns
Allan Bollard


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c Share Investor 2011