Share Investor's Total Returns: Sky City Entertainment Group Ltd

I have written about returns for stocks on a general basis in the Long Term View series of posts and the Long VS Short series but in this series, Share Investor's Total Returns, I will giving my actual returns for stocks in the Share Investor Portfolio for as long as I have held them.

The return calculation will include dividends earned along with qualifying tax credits and of course any capital increase in the share price. It will be a total return over the length of holding of the share expressed in overall dollar figures with an individual value per share of what the stock currently is held at.

The first stock in this particular series is the foundation stock of the portfolio and one that I have held for nearly 9 years, Sky City Entertainment Group Ltd [SKC.NZX].

The current holding of 36915 shares was kicked off by an initial purchase of 2500 (adjusted for 2: 1 share split) in October 2010 and a whole series of purchases up to November 2003, plus 1915 bought as part of a 2009 capital raising.

The stock cost a total of $148620.18, it has returned net dividends of $59445.55 and total tax credits of $33491.24, with $260.00 in brokerage.

I am eligible for the full tax credit so if the gross dividend (net dividend plus tax credits)is added and brokerage taken off my full return over the total holding period of 8.5 years is $92936.79

There has only been a capital gain on the 1915 shares bought in the 2009 capital raising which was acquired at $2.61 per share and the current capital value of the company in the Share Investor Portfolio as at 6 May 2011 is $135846.50. The capital loss therefore is $12773.68. This gives a total return on this share of $80163.11. This is a 53.90% return over 8.5 years or 6.34% net per annum.

I hold SKC therefore at a total cost of $68457.07 or $1.85 per share.


Disc: I own SKC shares in the Share Investor Portfolio


Sky City Convention Centre @ Share Investor

Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
SKC Convention Centre power-point slide illustrations & SKC submission to Auckland City Council

Sky City Entertainment Group @ Share Investor

Sky City Entertainment Group Ltd: Presentation to Macquarie Group
Morningstar Revalues Sky City Entertainment Group
Guest Post - Michele Hewitson Interview: Nigel Morrison
Failed Sky City bid for Christchurch Casino good news for Shareholders
Sky City Entertainment Group Ltd: Christchurch Casino bid falls short of Investment Criteria
Sky City Entertainment Group Ltd: Never mind the width feel the volume
Sky City Annual Meeting & 2011 - 2012 Profit Forecast
Stock of the Week: Sky City Entertainment Group Ltd
Sky City set to lose National Convention Centre bid
Sky City Entertainment Group: Australian Acquisition on the Cards?
Sky City Entertainment Group Ltd: 2010 Full Year Profit Analysis
Sky City Entertainment Group 2010 Full Year Profit Preview
Chart of the Week: Sky City Entertainment Group Ltd
Share Investor discusses Convention Centre proposal with CEO Nigel Morrison
Share Investor Q & A: Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Sky City Convention Centre Expansion a Money Loser: Part Two
Sky City Convention Centre Expansion a Money loser
Sky City Entertainment Group Ltd: Download full Company analysis
Sky City 2010 full year profit looking good
Long Term View: Sky City Entertainment Group Ltd
Sky City Entertainment: CEO Nigel Morrison discusses 2010 Half Year
Sky City Entertainment Group 2010 Interim Profit Review
Sky City to focus on Gaming
Sky City debts levels now more manageable
Insider Trading on Sky City shares
Sky City Profit Upgrade: Always on the Cards
Sky City's Current Cinema "Boom" a Horror Story in Disguise
Stock of the Week: Sky City Entertainment Group
Are Insiders selling Sky City Stock?
Sky City Entertainment 2009 Interim Result Preamble
2008 Sky City profit analysis
Sky City share offer confusing and unfair for smaller shareholders
Sky City Entertainment 2008 Full Year profit results , NZX release, 2008 full year presentation, result briefing webcast, financial statements
Sky City 2008 profit preamble
Sky City outlines a clear future plan
As recession bites Sky City bites back
Sky City Assets: Buy, sell and hold
Why did you buy that stock? [Sky City Entertainment]
Sky City Share Volumes set tongues wagging
Sky City half year exceptional on cost cutting
NZX Press release: Sky City profit to HY end Dec 2007
Sky City Cinemas no Blockbuster
Sky City Entertainment share price drop
New Broom set to sweep
Sky City Management: Blind, deaf and numb
Sky City sale could be off
Opposition to takeover
Premium for control
Sky City receives takeover bid
Sky City Casino Full Year Profit to June 30 2007
Setting the record straight
Sky City CEO resigns
Sky City Casino: Under performing
Sky City Casino 2007 HY Profit(analysis)
Sky City Casino 2007 HY Profit


Discuss SKC @ Share Investor Forum
Download SKC Company Reports

Recommended Amazon Reading


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
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Share Price Alert: Port of Tauranga Ltd

Ports of Tauranga Ltd [POT.NZX] have had a truely spectacular run share price wise in 2011.

From a September 2010 share price of $6.75 POT shares have piled on almost two bucks or nearly 30% to finish trading at $8.70 on Friday 6 May. 2011 alone has seen its share price rise by just over 1 dollar, the bulk of that rise being in the last 6-7 weeks alone.

This has come as a result of a good performance for the 2011 half year result, up a stunning 23% on the 2009 result.

This is a result of massively increased cargo volumes through the port, especially imports. These volumes seem mostly be related to increases in the imports and exports from the farming sector and look set to continue if record commodity prices hold and especially if the US dollar strengthens.

You would have to say that the market has factored in reasonably well where the company is going in the medium term so the company may well be fairly priced given that everything seems to be going well for the company at present.

Having said that, ports are highly cyclical businesses and if you are looking for a price pullback and have wanted this great company for your portfolio you might want to be patient and wait for an inevitable weakness in cargo volumes.

Timing here is everything.


Share Price Alert Series

Port of Tauranga Ltd
Freightways Ltd 3
Goodman Fielder Ltd 2
Freightways Ltd 2
Telecom New Zealand Ltd 2
Ryman Healthcare Ltd
Charlies Group Ltd
Fletcher Building Ltd 2
Contact Energy Ltd
Steel & Tube Ltd
Telecom New Zealand Ltd
New Zealand Stock Exchange Ltd
Mainfreight Ltd 2
The Warehouse Group Ltd
Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd 2
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


POT @ Share Investor

Long Term View: Port Of Tauranga Ltd
Port in a storm
Ports of Auckland put a shot over competitor's bow

Discuss POT @ Share Investor Forum




c Share Investor 2011

Share Investor Portfolio: Value @ 6 May 2011

The Share Investor Portfolio was up in the first week of May. The portfolio was up by 1.73% or $4705.63 on the April 29 update . For the first 17 weeks of 2011 the portfolio has increased by 13.77 % or $35572.61 . This weeks rise was due, primarily, to a 12c rise in SKC, a 7c gain in WHS, small rises in a few stocks and a larger number of smaller falls across the board.

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 18.56% or $49329.86 since I began tracking it for this blog on October 11 2010.

Share Investor Portfolio as at 17:30:00, Friday 06 May, 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	$0.660	$1,997.82	$1,997.82
ASBPB	6,973	$1.000	$6,973.00	$0.660	$4,602.18	$2,370.82	34.00%
BGR	619	$0.000	$0.00	$1.510	$934.69	$934.69
BGR	2,381	$0.990	$2,357.19	$1.510	$3,595.31	$1,238.12	52.53%
FBU	284	$0.000	$0.00	$8.960	$2,544.64	$2,544.64
FBU	830	$9.750	$8,092.50	$8.960	$7,436.80	$655.70	8.10%
FPH	3,000	$2.350	$7,050.00	$3.110	$9,330.00	$2,280.00	32.34%
FPH	541	$0.000	$0.00	$3.110	$1,682.51	$1,682.51
FPH	1,459	$3.720	$5,427.48	$3.110	$4,537.49	$889.99	16.40%
FRE	2,054	$0.000	$0.00	$3.440	$7,065.76	$7,065.76
FRE	6,577	$3.630	$23,874.51	$3.440	$22,624.88	$1,249.63	5.23%
GFF	586	$0.000	$0.00	$1.410	$826.26	$826.26
GFF	1,414	$2.330	$3,294.62	$1.410	$1,993.74	$1,300.88	39.48%
HLG	299	$0.000	$0.00	$4.030	$1,204.97	$1,204.97
HLG	701	$2.530	$1,773.53	$4.030	$2,825.03	$1,051.50	59.29%
KIP	190	$0.000	$0.00	$1.035	$196.65	$196.65
KIP	810	$1.480	$1,198.80	$1.035	$838.35	$360.45	30.07%
MFT	1,000	$7.960	$7,960.00	$9.160	$9,160.00	$1,200.00	15.08%
MFT	1,838	$8.000	$14,704.00	$9.160	$16,836.08	$2,132.08	14.50%
MFT	657	$0.000	$0.00	$9.160	$6,018.12	$6,018.12
MFT	1,505	$4.200	$6,321.00	$9.160	$13,785.80	$7,464.80	118.10%
MHI	1,646	$0.860	$1,415.56	$0.920	$1,514.32	$98.76	6.98%
MHI	7,000	$0.630	$4,410.00	$0.920	$6,440.00	$2,030.00	46.03%
MHI	494	$1.050	$518.70	$0.920	$454.48	$64.22	12.38%
MHI	860	$0.000	$0.00	$0.920	$791.20	$791.20
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	$1.200	$1,200.00	$1,890.00	61.17%
PPL	1,000	$2.870	$2,870.00	$1.200	$1,200.00	$1,670.00	58.19%
PPL	939	$4.200	$3,943.80	$1.200	$1,126.80	$2,817.00	71.43%
PPL	975	$0.000	$0.00	$1.200	$1,170.00	$1,170.00
PPL	1,086	$1.530	$1,661.58	$1.200	$1,303.20	$358.38	21.57%
RYM	459	$0.000	$0.00	$2.550	$1,170.45	$1,170.45
RYM	4,586	$1.970	$9,034.42	$2.550	$11,694.30	$2,659.88	29.44%
SKC	5,750	$7.430	$42,722.50	$3.680	$21,160.00	$21,562.50	50.47%
SKC	1,000	$7.600	$7,600.00	$3.680	$3,680.00	$3,920.00	51.58%
SKC	2,750	$7.700	$21,175.00	$3.680	$10,120.00	$11,055.00	52.21%
SKC	1,431	$8.750	$12,521.25	$3.680	$5,266.08	$7,255.17	57.94%
SKC	272	$4.720	$1,283.84	$3.680	$1,000.96	$282.88	22.03%
SKC	25,712	$0.000	$0.00	$3.680	$94,620.16	$94,620.16
STU	78	$0.000	$0.00	$2.610	$203.58	$203.58
STU	303	$4.740	$1,436.22	$2.610	$790.83	$645.39	44.94%
WHS	4,500	$3.730	$16,785.00	$3.720	$16,740.00	$45.00	0.27%
WHS	6,979	$6.000	$41,874.00	$3.720	$25,961.88	$15,912.12	38.00%
WHS	15	$3.710	$55.65	$3.720	$55.80	$0.15	0.27%
WHS	3,506	$0.000	$0.00	$3.720	$13,042.32	$13,042.32

30.39%

	Total cost	Market value	Change
	$270,928.45	$353,276.07	$82,347.62

Share Investor Portfolio @ Share Investor

Share Investor Portfolio: Value @ 29 April 2011
Share Investor Portfolio: Value @ 22 April 2011
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
Share Investor's 2009 Stock Picks
Share Investor's 2008 Stock Picks

Brokers 2011 Stock Picks


Related Amazon Reading


The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) by Benjamin Graham
Buy new: $14.95 / Used from: $9.73
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Security Analysis: The Classic 1934 Edition by GRAHAM
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Buy these two Books @ Fishpond.co.nz






c Share Investor 2011