Share Investor

Sunday, June 12, 2011

Share Investor Portfolio: Value @ 10 June 2011

The Share Investor Portfolio was down in the second week of June, the third time in 3 consecutive weeks - the longest losing streak since tracking for this portfolio began. The portfolio was down by 0.6% or $1621.20 on the June 3 update . For the first 22 weeks of 2011 the portfolio has increased by 12.86 % or $32703.13 . This weeks drop was due, primarily, to a 12c drop in SKC, extending last weeks 12c loss. There were a number of smaller falls and good rises in other stocks like MFT, BGR & RYM but if not for a rally of 21c for FRE the portfolio would have been down over $3000.00 more than it was.

The total of unspent dividends and interest in the bank as at 26 May from the 2010 - 2011 earnings years is $25382.95 at close of reporting season for 2010 and at the end of the 2011 1st half reporting year. There are also approx $55000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 17.65% or $46460.38 since I began tracking it for this blog on October 11 2010.

Share Investor Portfolio as at 17:30:00, Friday 10 June, 2011 (NZT)

Stock

Quantity

Cost price

Total cost

Market price

Market value

Change

AIA

2,000

$1.700

$3,400.00

$2.260

$4,520.00

$1,120.00

32.94%

AIA

2,000

$1.510

$3,020.00

$2.260

$4,520.00

$1,500.00

49.67%

AIA

558

$0.000

$0.00

$2.260

$1,261.08

AIA

754

$2.150

$1,621.10

$2.260

$1,704.04

$82.94

5.12%

ASBPB

3,109

$0.000

$0.00

$0.700

$2,176.30

ASBPB

6,891

$1.000

$6,891.00

$0.700

$4,823.70

$2,067.30

30.00%

BGR

619

$0.000

$0.00

$1.500

$928.50

BGR

2,381

$0.990

$2,357.19

$1.500

$3,571.50

$1,214.31

51.52%

FBU

284

$0.000

$0.00

$8.660

$2,459.44

FBU

830

$9.750

$8,092.50

$8.660

$7,187.80

$904.70

11.18%

FPH

3,000

$2.350

$7,050.00

$2.930

$8,790.00

$1,740.00

24.68%

FPH

1,365

$3.720

$5,077.80

$2.930

$3,999.45

$1,078.35

21.24%

FPH

635

$0.000

$0.00

$2.930

$1,860.55

FRE

2,054

$0.000

$0.00

$3.470

$7,127.38

FRE

6,577

$3.630

$23,874.51

$3.470

$22,822.19

$1,052.32

4.41%

GFF

586

$0.000

$0.00

$1.300

$761.80

GFF

1,414

$2.330

$3,294.62

$1.300

$1,838.20

$1,456.42

44.21%

HLG

299

$0.000

$0.00

$3.900

$1,166.10

HLG

701

$2.530

$1,773.53

$3.900

$2,733.90

$960.37

54.15%

KIP

763

$1.480

$1,129.24

$1.035

$789.71

$339.54

30.07%

KIP

237

$0.000

$0.00

$1.035

$245.30

MFT

1,000

$7.960

$7,960.00

$10.010

$10,010.00

$2,050.00

25.75%

MFT

1,838

$8.000

$14,704.00

$10.010

$18,398.38

$3,694.38

25.13%

MFT

1,375

$4.200

$5,775.00

$10.010

$13,763.75

$7,988.75

138.33%

MFT

787

$0.000

$0.00

$10.010

$7,877.87

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

PPG

$0.000

$0.00

$0.260

$8.06

PPG

1,500

$0.440

$660.00

$0.260

$390.00

$270.00

40.91%

PPG

1,004

$0.800

$803.20

$0.260

$261.04

$542.16

67.50%

PPL

1,000

$3.090

$3,090.00

$1.160

$1,160.00

$1,930.00

62.46%

PPL

1,000

$2.870

$2,870.00

$1.160

$1,160.00

$1,710.00

59.58%

PPL

939

$4.200

$3,943.80

$1.160

$1,089.24

$2,854.56

72.38%

PPL

975

$0.000

$0.00

$1.160

$1,131.00

PPL

1,086

$1.530

$1,661.58

$1.160

$1,259.76

$401.82

24.18%

RYM

555

$0.000

$0.00

$2.800

$1,554.00

RYM

4,445

$1.970

$8,756.65

$2.800

$12,446.00

$3,689.35

42.13%

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

STU

$0.000

$0.00

$2.650

$206.70

STU

303

$4.740

$1,436.22

$2.650

$802.95

$633.27

44.09%

WHS

4,500

$3.730

$16,785.00

$3.690

$16,605.00

$180.00

1.07%

WHS

6,979

$6.000

$41,874.00

$3.690

$25,752.51

$16,121.49

38.50%

WHS

$3.710

$55.65

$3.690

$55.35

$0.30

0.54%

WHS

3,506

$0.000

$0.00

$3.690

$12,937.14

29.48%

	Total cost	Market value	Change
	$269,603.44	$349,081.58	$79,478.14

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c Share Investor 2011

Friday, June 10, 2011

Burger Fuel Worldwide Ltd: FY 2011 Profit Commentary

You might think that since Burger Fuel Worldwide Ltd [BFW.NZX] have made a maiden profit of just under $34,000.00 in the year to March 31 2011 after 4 years of trying and millions spent getting there that I would be starting to sing the company's praises from the roof-tops but I am still pretty damb negative even after their first result with black ink.

Lets have a look at some of the key figures:

Profit of $33,513.00 up on last years $552,983.00 loss.

Revenue of $8.326 million down on last years $8.722 million

Middle East stores performing well.

$1,213,785 in cash & no debt.

On first look and if you ignore that it took 4 years to get here, the signs look OK.

Heres the fly on the burger bun though, while the losses have been pared back by more than half a million that has been done by cost cutting rather than an improvement in the operation of the business and in absence of revenue growth, the company, who is a franshisor and gets it revenue from a portion of sales from franchisees, continues to put the focus in its profit releases on how much sales at their franchisees stores have increased rather than focusing on the bottom-line at the parent company.

Fine, revenue is supposed to increase as sales at its franchisees stores grow but we just haven't seen this yet and investors need to know just when the current $8.2 million odd is going to be translated into a decent sustained profit.

Management are very bullish about expansion in the Middle East but investors should note that we have seen this kind of exuberance before - in terms of bullish growth projections in Australasia pre-IPO - and it has turned into nothing but broken promises.

We need to see some good sustained profits before I can give this company a pass mark.

4 out of 10.

Burger Fuel Worldwide @ Share Investor

Burger Fuel Worldwide: Losses Mount
Burgerfuel: Dubai Marketing Hype!!!
Burger Fuel 2010 Full Year Profit Analysis
Burger Fuel 2010 Full Year Profit Preview
Burger Fuel Worldwide: 2009 Half Year profit analysis
Stock of the Week: Burger Fuel Worldwide
Download full company analysis from Thomson First-Call
Burger Fuel doesn't rule out capital raising
Burger Fuel Worldwide: Closer look at Company Accounts
Analysis - Burger Fuel Worldwide: FY profit to 31/03/09
Burger Fuel: Running on Empty
Burger Fuel leaves investors hungry Burger Fuel management cagey over company progress
Burger Fuel cooks up Dubai deal
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Burger Fuel: Inside info?
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Beefing up store numbers
Director explains share price drop
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Marketing Burger Fuel's future
Pumpkin Patch VS Burger Fuel
Burger Fuel results and commentary

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

c Share Investor 2011

Roy Morgan Political Poll: 10 June 2011

It looks like the latest Roy Morgan Poll could be a rogue one with support for the Nats down around 4% overall. It is important to watch the trend of polls over the last 3 years and they have been consistently well above 50%:

The latest New Zealand Roy Morgan Poll shows support for Prime Minister John Key’s National-led Government is at 53.5% (down 4%). Support for Key’s National Party is 49% (down 4%), the Maori Party 2.5% (up 0.5%), ACT NZ 1.5% (down 0.5%) and United Future 0.5% (unchanged).

Support for Opposition Parties is at 46.5% (up 4%) – Labour Party 36% (up 8%), Greens 6.5%, (down 3.5%), New Zealand First 2.5% (down 0.5%), Progressive Party 0% (down 0.5%) and Others 1.5% (up 0.5%).

If a National Election were held today the National Party would easily be returned to Government.

The latest New Zealand Roy Morgan Government Confidence Rating has risen 0.5 points to 127 with 55% (down 1.5%) of New Zealanders saying New Zealand is ‘heading in the right direction’ compared to 28% (down 2%) that say New Zealand is ‘heading in the wrong direction.’

Full poll here.

Buy What Was I Thinking: A Memoir @ Fishpond.co.nz

What Was I Thinking: A Memoir, by Paul Henry

NEW From Fishpond

c Darren Rickard 2011

Darren Hughes Saga: Lies and Cover-ups

Who believes Darren Hughes is squeaky clean over his late night, drunken, naked tryst with a young boy? Something unlawful cannot be proven but this incident DID happen, and it is at the very least grubby and untoward of somebody who might some day be representing others as a politician.

Most of us knew where there was smoke there was fire except the deluded, false, moral free left, who are backing him to the hilt. The victim of Hughes affections, the young boy he put the hard word on, has been labeled as a liar and a person not to be trusted. This accusation is one that fits Hughes, not the young boy.

So Mr Hughes has been lying from the beginning over this incident and as the police are not able to prove anything illegal happened Hughes has taken that as vindication of his innocence and in a statement 2 days ago pointed the finger at the boy.

The public must remember he has a history of drunkenness and loose behavior and the incident with this young lad, while not illegal, has vicious shades of influence from an older experienced man who the victim looked up to and if the victim was female there just may have been a different outcome from the police investigation.

I wonder if the complainant might like to undertake a private prosecution or at the very least do some sort of media assault?

Darren needs to come clean about what happened before it comes out some other way. It was a filthy, nasty night that ended in one persons reputation being ruined and another backpedaling as fast as he can to cover his well padded arse.

Darren Hughes @ Political Animal

Darren Hughes Saga: A Question of Leadership

Buy What Was I Thinking: A Memoir @ Fishpond.co.nz

NEW From Fishpond

c Darren Rickard 2011

Share Investor

Sunday, June 12, 2011

Share Investor Portfolio: Value @ 10 June 2011

Friday, June 10, 2011

Burger Fuel Worldwide Ltd: FY 2011 Profit Commentary

Roy Morgan Political Poll: 10 June 2011

Darren Hughes Saga: Lies and Cover-ups

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