Share Investor's Total Returns: Mainfreight 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 be 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 second stock in this particular series is the capital returns star of the portfolio and one that I have held for 4.5 years, Mainfreight Ltd [MFT.NZX].

The current holding of 5000 shares was kicked off by an initial purchase of 3000 in November 2006 and 32 other purchases, the latest in July 2009.

The stock cost a total of $32768.75, it has returned net dividends of $3743.31 and total tax credits of $1771.40, with $152.00 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 4.5 years is $5362.71

The current capital value of the company in the Share Investor Portfolio as at 6 May 2011 is $45800. The capital gain therefore is $13031.25. This gives a total return on this share of $18393.96. This is a 56% return over 4.5 years or 12.44% net per annum.

I hold MFT therefore at a total cost of $14374.79 or $2.87 per share.


Disc: I own MFT shares in the Share Investor Portfolio


Share Investor's Total Returns Series

Sky City Entertainment Group Ltd

Mainfreight @ Share Investor

Share Price Alert: Mainfreight Ltd 2
Mainfreight's European Aquisition a Good Move
Share Price Alert: Mainfreight Ltd
Investing in the Stockmarket: Timing your Purchase
Stock of the Week: Mainfreight Ltd
Mainfreight Ltd: 2011 1st quarter Profit Analysis
VIDEO: Don Braid with Paul Homes on the Economy
Mainfreight Ltd: Full Year 2010 Profit Analysis
Long Term View: Mainfreight Ltd
Share Investor Interview: Mainfreight's MD Don Braid
Stock of the Week: Mainfreight Ltd
Questions to Mainfreight's MD Don Braid
I'm Buying: Mainfreight Management delivers the goods
Mainfreight Annual Report Packs a Punch
Analysis - Mainfreight Ltd: FY Profit to 31/03/09
Mainfreight VS KiwiRail: The Sequel
Long VS Short: Mainfreight Ltd
Why did you buy that stock? [Mainfreight Ltd]
Mainfreight 2008 Annual report worth reading
KiwiRail will cost Mainfreight
Mainfreight keeps on truckin
A rare breed
Share Investor's 2008 stock picks

Discuss MFT @ Share Investor Forum
Download Mainfreight Company Reports





All you will ever need. 







c Share Investor 2011

Share Price Alert: Opus International Consultants Ltd

Opus International Consultants Ltd [OIC.NZX] share price fortunes have mirrored the Christchurch Earthquakes since the first one hit back in September 2010 and especially the major one on February 22 2011.

The share price closed up 6c at $2.36 yesterday, an all time high for the stock but this is largely insignificant when you consider the stock only had its listing in October 2007. The stock only moved on the $1.65 IPO price because of the Christchurch quakes.

Its profit result for the full year ended December 31 2010 was strongly up on lower revenue on the 2009 year but that has largely failed to move the stock price.

Clearly this company is going to have years of ongoing work to do in Canterbury and this should have positive impacts on the bottomline but investors need to look at their next result out in August before deciding to put their money on the table.

The stock has pushed past its fundamentals, with a gross dividend of around 4.5% and a PE Ratio approaching 16 so the market looks to have overshot in respect of the Christchurch disaster factor.

Buy on weakness or wait post August announcement.


Opus International Consultants Ltd @ Share Investor

Discuss OIC @ Share Investor Forum - Register free
Download OIC Company Reports

Share Price Alert Series

New Zealand Refining Ltd 2
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




NEW - From Fishpond.co.nz | Think Bigger, By Michael Hill

c Share Investor 2011

KFC Doubles up on Double Down record one day sales

Punters waiting to "Double Down" at KFC Quay Street Yesterday


The introduction of the KFC Double Down Sandwich yesterday in New Zealand just has to be the marketing and business coup of the last 10 years for the company that holds the franchise for KFC in this country, Restaurant Brands Ltd [RBD.NZX].

Health nazis across the land yelled from the rooftops to any left leaning publisher or media harlot in the country that would listen and as a result of the free publicity you couldn't go anywhere over the last few days without anyone mentioning it in a conversation, hearing in on talkback or seeing it posted on facebook or twitter.

Restaurant Brands didn't have to lift a finger or spend a cent on publicity, it was all done by the old fashioned word of mouth but done at the speed of the internet rather than as quick as you could tell or phone your neighbour.


There has been little paid advertising of this sandwich at all!

This has led though to record one day sales for KFC and long lines of people waiting in drive thrus and at the counters of every KFC across the nation. Not only did they sell the sandwiches, customers also bought other items on the menu to boot and the increased sales are set to continue as the company has carefully created a scarcity factor into the sale of this product - it will only be available for 5 weeks, so get in fast!! Of course it will be re-introduced on a semi regular basis because who wouldn't want to as every time it comes back on the menu the fingers will wag and the media will go back into overdrive.

Long term, these promotions and hub bub around such "controversial" subjects as so-called junk food will help sales of other products more than the actual promotional item itself.

The next 5 weeks of sales for the company will be interesting to watch. They will not continue in the same volume as today's huge rush to buy the Double Down but they are likely to be significantly higher than comparable sales last year. At $7.90 per unit compared to their burgers with buns the margin for this product is significantly higher and high margins in this business are hard to come by.

This has been a big win for KFC and its marketing program and a great way to create excitement for a new product with big spin offs for other parts of their business.

RBD investors should be lick'n their lips in anticipation of the higher sales.

KFC 1 , Food police 0.


Restaurant Brands @ Share Investor

RBD - 2011 Half Year Result
RBD - 2010 Quarter one sales
RBD - 2010 Quarter two sales


Share Price Alert: Restaurant Brands Ltd
Restaurant Brands share price looking overcooked
Most Outstanding Stock of 2010: Restaurant Brands Ltd
Restaurant Brands Ltd: KFC has finally cracked it
Restaurant Brands: KFC Sales Figures Explained - Part 2
Finger Lick'n Good Management
Chart of the Week: Restaurant Brands Ltd
Long Term View: Restaurant Brands Ltd
Stock of Week: Restaurant Brands Ltd
Restaurant Brands: Buy or Sell ?
Pizza Hut sell-off provide opportunities all-round
Danny Diab & Restaurant Brands
2008-2009 KFC sales figures mislead investors
KFC Finally Flying
Starbuck's New Zealand Cup doesn't runneth over
RBD gives KFC a push
McDonald's playing chicken with KFC
Restaurant Brand's Pizza Hut faces increasing competition
RBD sales analysis
RBD saga continues: CEO leaves
The secret recipe is out
2007 FY profit analysis
Delivering increased profit in October 2007
No reason for optimism in latest sales figures

Discuss RBD @ Share Investor Forum




c Share Investor 2011

Share Price Alert: New Zealand Refining Ltd 2

When we last looked at New Zealand Refining Ltd [NZR.NZX] back in January 2011 its shares were trading at $4.66 and its prospects at that time were starting to look better as oil prices continued to climb and refining margins increased.

In June 2010 I picked the stock at $3.10 for the same reasons as stated above.

Yesterday the NZR finished trading at $4.50 for the day after reaching a 52 week high of $5.20 in late February.

The shares have traded upwards in the preceding months because of increased refining margins and an increased capacity to refine raw product after the plant upgrade in 2009 - 2010.

Profit has also been tipped to rise because of these favorable trading conditions.

The pullback from the February high seems analogous to the January/ February 2011 processing data which reveals that the processing fee for NZD 39.6 million was generated by a throughput of 6.7 million barrels for the first two months of the year. Refining margins have remained healthy with the average Gross Refinery Margin (GRM) generated for the two month period at USD 6.50 per barrel and the average exchange rate at USD/NZD 0.76.

Take an opportunity here to watch closely for your entry. Oil prices and margins should remain relatively high but recent oil price highs may not continue because of lower oil demand an speculation in oil markets that oil prices will ease.

Buy around current prices.

This stock was in the 2011 Share Investor Stock Picks at $3.95.

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


NZR @ Share Investor

Share Price Alert: NZ Refining Ltd
Share Investor's 2011 Stock Picks
Stock of the Week - Reprise: NZ Refining Ltd
Chart of the Week: New Zealand Refining Ltd
Stock of the Week: NZ Refining Ltd

Discuss NZR @ Share Investor Forum
Download NZR Company Reports

Think Bigger, By Michael Hill

c Share Investor 2011