Share Investor Portfolio: Value @ 22 April 2011

The Share Investor Portfolio was slightly up in the third week of April. The portfolio was up by 0.48% or $1274.09 on the April 15 update . For the first 16 weeks of 2011 the portfolio has increased by 10.02 % or $25387.37 . This weeks rise was due, primarily, to a 2c rise in SKC, and a 3c rise in WHS and smaller rises across the board. Most of the remaining stocks were down marginally.

The total of unspent dividends and interest in the bank from the 2010 - 2011 earnings years is $23479.21 at close of reporting season for 2010 and near the end of the 2011 year. There are also approx $50000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 14.81% or $39144.62 since I began tracking it for this blog on October 11 2010.


Share Investor Portfolio as at 17:30:00, Friday 22 April, 2011 (NZT)

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	$0.680	$2,058.36	$2,058.36
ASBPB	6,973	$1.000	$6,973.00	$0.680	$4,741.64	$2,231.36	32.00%
BGR	619	$0.000	$0.00	$1.470	$909.93	$909.93
BGR	2,381	$0.990	$2,357.19	$1.470	$3,500.07	$1,142.88	48.48%
FBU	284	$0.000	$0.00	$9.210	$2,615.64	$2,615.64
FBU	830	$9.750	$8,092.50	$9.210	$7,644.30	$448.20	5.54%
FPH	3,000	$2.350	$7,050.00	$3.090	$9,270.00	$2,220.00	31.49%
FPH	541	$0.000	$0.00	$3.090	$1,671.69	$1,671.69
FPH	1,459	$3.720	$5,427.48	$3.090	$4,508.31	$919.17	16.94%
FRE	2,054	$0.000	$0.00	$3.360	$6,901.44	$6,901.44
FRE	6,577	$3.630	$23,874.51	$3.360	$22,098.72	$1,775.79	7.44%
GFF	586	$0.000	$0.00	$1.610	$943.46	$943.46
GFF	1,414	$2.330	$3,294.62	$1.610	$2,276.54	$1,018.08	30.90%
HLG	299	$0.000	$0.00	$3.980	$1,190.02	$1,190.02
HLG	701	$2.530	$1,773.53	$3.980	$2,789.98	$1,016.45	57.31%
KIP	190	$0.000	$0.00	$1.010	$191.90	$191.90
KIP	810	$1.480	$1,198.80	$1.010	$818.10	$380.70	31.76%
MFT	1,000	$7.960	$7,960.00	$9.290	$9,290.00	$1,330.00	16.71%
MFT	1,838	$8.000	$14,704.00	$9.290	$17,075.02	$2,371.02	16.13%
MFT	657	$0.000	$0.00	$9.290	$6,103.53	$6,103.53
MFT	1,505	$4.200	$6,321.00	$9.290	$13,981.45	$7,660.45	121.19%
MHI	1,646	$0.860	$1,415.56	$0.910	$1,497.86	$82.30	5.81%
MHI	7,000	$0.630	$4,410.00	$0.910	$6,370.00	$1,960.00	44.44%
MHI	494	$1.050	$518.70	$0.910	$449.54	$69.16	13.33%
MHI	860	$0.000	$0.00	$0.910	$782.60	$782.60
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	$1.280	$1,280.00	$1,810.00	58.58%
PPL	1,000	$2.870	$2,870.00	$1.280	$1,280.00	$1,590.00	55.40%
PPL	939	$4.200	$3,943.80	$1.280	$1,201.92	$2,741.88	69.52%
PPL	975	$0.000	$0.00	$1.280	$1,248.00	$1,248.00
PPL	1,086	$1.530	$1,661.58	$1.280	$1,390.08	$271.50	16.34%
RYM	459	$0.000	$0.00	$2.480	$1,138.32	$1,138.32
RYM	4,586	$1.970	$9,034.42	$2.480	$11,373.28	$2,338.86	25.89%
SKC	5,750	$7.430	$42,722.50	$3.460	$19,895.00	$22,827.50	53.43%
SKC	1,000	$7.600	$7,600.00	$3.460	$3,460.00	$4,140.00	54.47%
SKC	2,750	$7.700	$21,175.00	$3.460	$9,515.00	$11,660.00	55.06%
SKC	1,431	$8.750	$12,521.25	$3.460	$4,951.26	$7,569.99	60.46%
SKC	272	$4.720	$1,283.84	$3.460	$941.12	$342.72	26.69%
SKC	25,712	$0.000	$0.00	$3.460	$88,963.52	$88,963.52
STU	78	$0.000	$0.00	$2.600	$202.80	$202.80
STU	303	$4.740	$1,436.22	$2.600	$787.80	$648.42	45.15%
WHS	4,500	$3.730	$16,785.00	$3.550	$15,975.00	$810.00	4.83%
WHS	6,979	$6.000	$41,874.00	$3.550	$24,775.45	$17,098.55	40.83%
WHS	15	$3.710	$55.65	$3.550	$53.25	$2.40	4.31%
WHS	3,506	$0.000	$0.00	$3.550	$12,446.30	$12,446.30

26.64%

	Total cost	Market value	Change
	$270,928.45	$343,090.83	$72,162.38

Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 15 April 2011
Share Investor Portfolio: Value @ 8 April 2011
Share Investor Portfolio: Value @ 1 April 2011
Share Investor Portfolio: Value @ 14 March 2011
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
Share Investor Dividends


Share Investor's Annual Stock Picks

Share Investor's 2011 Stock Picks: Looking Back
Share Investor's 2011 Stock Picks
Share Investor's 2010 Stock Picks
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Share Investor's 2008 Stock Picks

Brokers 2011 Stock Picks


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c Share Investor 2011

Give Mr Whimpy the Middle Finger

Bernard Whimp has made another low-ball offer for an NZX listed company. This time it is Sky City Entertainment Group Ltd [SKC.NZX] and it is one of the stocks in the Share Investor Portfolio.

I thought he had been given the boot but here is, back again offering $2.30 for shares that finished trading at $3.42 yesterday.

Naturally I will not be accepting his kind offer but I am feeling a bit naughty this morning so I have a proposal to get back at the whimpmeister.

I am going to send my offer forms back to him (slightly whimsically filled out) in the freepost envelope provided because it is going to cost him to open and pay for the postage used.

What I propose is for my readers to download the acceptance forms that I have been sent, including the freepost envelope you can stick to your own envelope and send them whimsically into whimpy boy. You dont need to be a shareholder, just fill in fake stuff or a blank form or just send the envelope!

I may send in a few more copies myself.

It is all about him making more money and taking advantage of morons and the vulnerable and part of me thinks that is OK but I tend to loathe what he is doing so I am bloody doing this.


Bernard Whimp @ Share Investor

Whimp Makes share offers you can refuse
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Share Price Alert: Telecom New Zealand Ltd 2

Lets face it, shares for Telecom NZ Ltd [TEL.NZX] have been a pig for years but especially for the last year where they have traded around the 2 dollar mark and touched $1.78 last June.

For the last 6 weeks shares have been trading below 2 bucks but over the last 5 trading days shares have shot from $1.95 to finish up 10c yesterday at $2.15 - a 10% rise. This is on 4 pieces of news out over the last week ( 1, 2, 3, 4 ) mostly related to taxpayer funded broadband.

The market seems excited by the prospects for Telecom that subsidised broadband might bring but the payback for investment by the taxpayer and by the company itself is uncertain especially given the low speeds the company indicate their new fibre might bring and the restrictions and frustrations that will bring for customers as they realise they will not be able to do even a fraction of the things their mates overseas have been able to do for a decade or more already and that future speeds for global internet speeds (sans NZ) will be hundreds of times faster than ours.

Market watchers are ignoring the bungles the company has mismanaged with the introduction of new services and technology in the past so I remain skeptical of share price increases based on the possibility that the fibre roll-out will bear some positive fruit.

With a 52 week high of $2.33 reached in February the share price looks like getting overcooked to me and investors wishing to take a punt on anything that may come out of the fibre network rollout may want to temper their excitement because any additional revenue coming from it is many years away.

Until then performance for the company is likely to be more along the lines of weakening revenue, smaller profits and cost cutting.

Buy below 2 bucks on the inevitable pullback.


Share Price Alert Series

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Telecom NZ @ Share Investor

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c Share Investor 2011

Share Price Alert: Sky Network Television Ltd

Sky Network Television Ltd [SKT.NZX] has been a major beneficiary of the strong NZ dollar over the last year or so and recently the dollar has been very strong vs the US dollar, the currency SKT buys its programming in, and the share price has responded in kind.

The share price has risen 13% since December 2010, around half of that over the last month or so, and its current share price as at 19 April 2011 of $5.75 looks fully valued based on recent results.

The current share price must be put in context of a 52 week high of $5.90c and a 52 week low of $4.51.

In order for the share price to break out of the 6 buck range the NZ dollar would have to sustainably push above the 80c mark against the US dollar and it is anyones guess whether that will happen.

If we focus on financial performance for the medium term things are looking good for the company, with new technology offerings giving Sky more reasons to extract additional revenue from current subscribers and also pull in new punters.

I couldn't have been more wrong back in April 2008 when I thought the company would come under pressure from new technology from competitors biting at the company's monopoly. SKT managed to grab the technology for themselves while potential competition has been left well and truly in the dust.

The combination of medium term revenue and profit increase looks good for the company but the impact of currency movements against SKT will clearly have a big impact on the bottomline.

Wait for a pullback from current prices if you are looking to buy.


Share Price Alert

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Sky Network Television @ Share Investor

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c Share Investor 2011