Share Investor

Tuesday, March 15, 2011

Share Price Alert: Telecom New Zealand Ltd

Telecom New Zealand Ltd [TEL.NZX] has once again reached a share price level below 2 dollars at close of trading yesterday. Shares closed down 5.5c or 2.7% to close at $1.985c

The shares last plumbed these depths in August 2010 after surging to an all time low in June of the same year of $1.78.

This has come after NPAT was down 32% for the half year to December 31 2010. The shares have dropped 36.5c or 15% from a 52 week high of $2.33c, since the profit announcement of February 12.

There has been little positive news out from the company in a month and the outlook for FY 2012 looks like it might be down on 2011.

The support at the 52 week lows last year was on average volumes sold so this resistance could come under more pressure as largely foreign owners of this stock (some from Japan) dump stock for much needed cash.

The company is worth buying at these levels and lower just for the dividend a a quick flick when the shares come back into favour again.

Global markets will come under pressure tomorrow from todays 6% drop in the Nikkei Index, so there will be further opportunity to buy.

Share Price Alert

New Zealand Stock Exchange Ltd
Mainfreight Ltd
The Warehouse Group Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
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

Telecom NZ @ Share Investor

Telecom New Zealand 2011 first half profit review
Telecom New Zealand 2011 first quarter profit review
Telecom Chart: Lazarus Recovery on lower volume
Telecom maybe oversold
Telecom NZ Share Price has "Jumped the Shark"
I was Wrong... sort of
Telecom NZ: TV3 60 Minutes Segment more like Corporate PR
Telecom Share Price Limbos but has it jumped the Shark?
Telecom NZ: Saint Gattung gets her Ya Ya's out
Telecom NZ: Bye Bye Paul Reynolds
Long Term View: Telecom NZ Ltd
Stock of the Week: Telecom Ltd
Revisiting Telecom
Getting cute and fluffy with Teresa Gattung
Telecom NZ Hangs up
Business Gobbledygook puts up barriers to communication
A Rare Breed
Telecom NZ facing a watershed period
Biology a major key in "glass ceiling" for women
Telecom rewards Gattung for mediocrity

Download TEL Company Reports
Discuss TEL at Share Investor Forum - Register free

From Fishpond.co.nz

Buy Bird on a Wire: The Inside Story from a Straight Talking CEO & more @ Fishpond.co.nz

c Share Investor 2011

Monday, March 14, 2011

Len Brown leaves Manukau Council in a sea of debt

Accounts just out on Len Browns last 16 months as mayor of Manukau City show he spent at least 400 million dollars more than budgeted for.

It doesn't look good for the amalgamated Auckland City in respect to rate rises.

They might be rising twice the inflation rate for 2011-12 9 (twice as much as Len promised pre election)but they look set to rise higher than that in the coming years to pay for the debt that Len is going to rack up on our behalf.

Makes Dick Hubbard look like a great mayor.

Buy Toughen Up: What I've Learned About Surviving Tough Times

Toughen Up - Fishpond.co.nz

c Darren Rickard 2011

Share Price Alert: Steel & Tube Ltd

Give to those affected by the Christchurch Quake here

Like Fletcher Building Ltd [FBU.NZX] Steel & Tube Ltd [STU.NZX] share price has been swept away by speculation over how much revenue the company will gain in the rebuilding of Christchurch after the February 22 Earthquake.

Since February 22 STU shares have put on 29c or around 13% to close at $2.54 last Friday. This is after gaining a similar percentage in share price since a late November 2010 price of $2.05c.

I see the worst of STU being behind it after a deep building recession and the Christchurch rebuilding will have a substantial positive material impact on revenue and profit from early 2012 through the next 5 years as the city is slowly reconstructed.

STU shares have come off recent highs of $2.65 and any further weakness should see medium to long term investors ready with their cash management accounts topped up and ready to go.

Buy on any weakness.

Disc I own FBU & STU share in the Share Investor Portfolio.

Share Price Alert

Contact Energy Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd
The Warehouse Group Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
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

Steel & Tube @ Share Investor

Value Play: Steel & Tube Ltd
Long Term View: Steel & Tube Ltd
OneSteel makes cheeky bid for minority shareholders
NZX's Top 10 Dividend Returns

Discuss STU @ Share Investor Forum
Download STU Company Reports

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 2011