Share Investor

Monday, October 10, 2011

Share Investor Portfolio: Value @ 7 October 2011

The Share Investor Portfolio was up strongly over the last week after a big drop earlier in the week. In the first week of October the portfolio was up 2.2% or $5813.40 on the September 30 update .

Small increases across the board contributed to this weeks rise but the rally was extended by a 10c rise in SKC shares, 14c rise in MFT and a continuation of the recovery of FPH.

For the first 39 weeks of 2011 the portfolio has increased by 7.84% or $19783.32

The total of unspent dividends and interest in the bank as at 10 Oct 2011 from the 2010 - 2011 earnings years is $31,335.75 at close of reporting season for 2010 and near the end of the 2011 2nd half reporting year. There are also approx $60000.00 in tax credits earned from the portfolio since it began in late 2002.

The Share Investor Portfolio has increased in value by 12.57% or $33740.47 since I began tracking it for this blog on October 11 2010

Track the Share Investor Portfolio 2 .

Share Investor Portfolio as at 09:14:53, Monday 10 October, 2011 (NZDT)

Stock

Quantity

Cost price

Total cost

Market price

Market value

Change

AIA

2,000

$1.700

$3,400.00

$2.300

$4,600.00

$1,200.00

35.29%

AIA

2,000

$1.510

$3,020.00

$2.300

$4,600.00

$1,580.00

52.32%

AIA

674

$0.000

$0.00

$2.300

$1,550.20

AIA

638

$2.150

$1,371.70

$2.300

$1,467.40

$95.70

6.98%

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

725

$0.000

$0.00

$1.390

$1,007.75

BGR

2,275

$0.990

$2,252.25

$1.390

$3,162.25

$910.00

40.40%

FBU

303

$0.000

$0.00

$7.880

$2,387.64

FBU

811

$9.750

$7,907.25

$7.880

$6,390.68

$1,516.57

19.18%

FPH

3,000

$2.350

$7,050.00

$2.590

$7,770.00

$720.00

10.21%

FPH

1,365

$3.720

$5,077.80

$2.590

$3,535.35

$1,542.45

30.38%

FPH

635

$0.000

$0.00

$2.590

$1,644.65

FRE

6,405

$3.630

$23,250.15

$3.330

$21,328.65

$1,921.50

8.26%

FRE

2,226

$0.000

$0.00

$3.330

$7,412.58

GFF

607

$0.000

$0.00

$0.630

$382.41

GFF

1,393

$2.330

$3,245.69

$0.630

$877.59

$2,368.10

72.96%

HLG

366

$0.000

$0.00

$3.520

$1,288.32

HLG

634

$2.530

$1,604.02

$3.520

$2,231.68

$627.66

39.13%

KIP

763

$1.480

$1,129.24

$1.045

$797.34

$331.91

29.39%

KIP

237

$0.000

$0.00

$1.045

$247.67

MFT

1,000

$7.960

$7,960.00

$9.940

$9,940.00

$1,980.00

24.87%

MFT

1,838

$8.000

$14,704.00

$9.940

$18,269.72

$3,565.72

24.25%

MFT

1,375

$4.200

$5,775.00

$9.940

$13,667.50

$7,892.50

136.67%

MFT

787

$0.000

$0.00

$9.940

$7,822.78

MHI

1,646

$0.860

$1,415.56

$0.810

$1,333.26

$82.30

5.81%

MHI

7,000

$0.630

$4,410.00

$0.810

$5,670.00

$1,260.00

28.57%

MHI

209

$1.050

$219.45

$0.810

$169.29

$50.16

22.86%

MHI

1,145

$0.000

$0.00

$0.810

$927.45

PPG

1,004

$0.800

$803.20

$0.230

$230.92

$572.28

71.25%

PPG

1,443

$0.440

$634.92

$0.230

$331.89

$303.03

47.73%

PPG

$0.000

$0.00

$0.230

$20.24

PPL

1,000

$3.090

$3,090.00

$0.760

$760.00

$2,330.00

75.40%

PPL

1,000

$2.870

$2,870.00

$0.760

$760.00

$2,110.00

73.52%

PPL

939

$4.200

$3,943.80

$0.760

$713.64

$3,230.16

81.90%

PPL

975

$0.000

$0.00

$0.760

$741.00

PPL

1,086

$1.530

$1,661.58

$0.760

$825.36

$836.22

50.33%

RYM

555

$0.000

$0.00

$2.610

$1,448.55

RYM

4,445

$1.970

$8,756.65

$2.610

$11,601.45

$2,844.80

32.49%

SKC

5,750

$7.430

$42,722.50

$3.450

$19,837.50

$22,885.00

53.57%

SKC

2,750

$7.700

$21,175.00

$3.450

$9,487.50

$11,687.50

55.19%

SKC

1,431

$8.750

$12,521.25

$3.450

$4,936.95

$7,584.30

60.57%

SKC

781

$7.600

$5,935.60

$3.450

$2,694.45

$3,241.15

54.61%

SKC

26,203

$0.000

$0.00

$3.450

$90,400.35

STU

$0.000

$0.00

$2.310

$228.69

STU

301

$4.740

$1,426.74

$2.310

$695.31

$731.43

51.27%

WHS

6,979

$6.000

$41,874.00

$3.170

$22,123.43

$19,750.57

47.17%

WHS

3,761

$0.000

$0.00

$3.170

$11,922.37

WHS

4,260

$3.730

$15,889.80

$3.170

$13,504.20

$2,385.60

15.01%

25.29%

	Total cost	Market value	Change
	$263,988.15	$330,745.95	$66,757.80

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c Share Investor 2011

Share Investor Portfolio 2 : Value @ 7 October 2011

The Share Investor 2 Portfolio is a separate portfolio apart from the original Share Investor Portfolio and contains just one share, Contact Energy Ltd [CEN.NZX]. It will only have this one share in it and has a far shorter time frame than the original long-term portfolio that I started 8 years ago.

The portfolio was started July 7 with 9000 shares purchased at $5.34 at a total cost of $48,060.00 and $144.18 in brokerage.

After the 86th day of trading the portfolio was up by $1710.00 or 3.64% on the September 30 update to be worth a total of $50760.00.

The portfolio is up by 8.04% since tracking began on July 7 2011.

Share Investor 2 Portfolio as at 09:15:01, Monday 10 October, 2011 (NZDT)

Stock

Quantity

Cost price

Total cost

Market price

Market value

Change

CEN

202

$0.000

$0.00

$5.640

$1,139.28

CEN

8,798

$5.340

$46,981.32

$5.640

$49,620.72

$2,639.40

5.62%

8.04%

	Total cost	Market value	Change
	$46,981.32	$50,760.00	$3,778.68

Friday, October 7, 2011

Steve Jobs: What we can all learn from him

I have been very interested in the commotion surrounding the death of Apple Inc [AAPL.Nasdaq] boss Steve Jobs over the last day or two and what we can learn from the life of such an intelligent, driven, charismatic and by all accounts, kind man.

Steve Jobs was first and foremost a man with lots of ideas, most of them good ones, which he managed to pursue to the end result of a product that made it to market that consumers lapped up with an almost over-exuberant glee.

Attention to detail, hard work, perseverance, failure, some risk (aint that a no no these days) and the right marketing and one can achieve anything in business and in life!

These things are largely absent from the values of most business people and the companies they run. Individuals these days want things yesterday, want to start at the top and are unwilling to put the time into a business or task, they want an instant hit.

I may sound like a grumpy old bastard - I turn 46 in three weeks - but I am only 10 years Job's junior but share the same values he had.

In an age where we have seen individuals given loans they could never pay back and greedy Wall street types capitalize on the stupidity of those individuals and those that have worked hard and saved bailing those (individuals and countries) out too lazy to lift a finger, Job's example of a life lived with the basic values that made a success of his life and changed the world in the process, should be looked at closely should we want to live a more valuable, meaningful, positive and ultimately more responsible life for ourselves, our families, our communities our country and the globe.

Recommended Fishpond Reading

Buy The Intelligent Investor & more @ Fishpond.co.nz

c Share Investor 2011

Thursday, October 6, 2011

Goodman Fielder Ltd: Cutting my losses

The capital raising of $258 million by Goodman Fielder Ltd [GFF.NZX] should, to be frank, piss the hell out of GFF shareholders. While the company has had some bad times over the last 3 years or so management knew what position they were in and failed to respond to a market for their goods that was waivering due to the dire condition of the economy and are only now addressing the problem of their debt levels and falling sales.

I of course failed to listen to myself and should have sold when the share price hit just over 2 bucks in 2010 after being well below that in 2009 but I am either an eternal optimist or a silly old git - I will let you decide which.

The previous CEO managed the company into this mess and I have little faith that the CEO of the last few months will do any better given his previous poor track record.

The company itself has stated that the next 3 years or so will be painful with lower profits and a "restructuring" where presumably non-core assets will be jettisoned and the proceeds put towards paying down that rather large debt mountain but this is a big ask for management considering their poor stewardship of the company since its listing on the NZX in 2006.

I am lucky that I only have a small holding of 2000 shares bought at $2.33 so my loss will not be as big as others but nobody likes losing money. I will lose just under $3000.00 if I sell the main shares at current prices.

There will be a small amount of money coming from selling the rights in the 5:12 rights issue.

GFF shareholders have 3 options.

1. keep the shares and don't participate in the rights issue and sell the rights thereby having their shareholding diluted by almost 50%

2. participate in the rights issue and invest more money into the company.

3. sell the shares now.

If GFF shareholders keep their shares they will have to cross their fingers that management will be able to break their historically bad leadership of the company and the share price recovers at some stage.

Putting more money into such a risky proposition seems, well, risky.

Goodman Fielder @ Share Investor

Capital raising offer document

Is Goodman Fielder Terminal?
Share Price Alert: Goodman Fielder Ltd 3
Share Price Alert: Goodman Fielder Ltd 2
Share Price Alert: Goodman Fielder Ltd
Long Term View: Goodman Fielder Ltd
Goodman Fielder turning on the DRIP
Goodman Fielder to improve bottom line in 2009
Why did you buy that stock? Goodman Fielder
Goodman Fielder hit by high commodity prices
Goodman Fielder a Hedge against an economic slump
Goodman Fielder pie gets bigger

Discuss GFF @ Share Investor Forum
Download GFF company Reports

Recommended Fishpond Reading

Buy The Intelligent Investor & more @ Fishpond.co.nz

c Share Investor 2011

Share Investor

Monday, October 10, 2011

Share Investor Portfolio: Value @ 7 October 2011

Share Investor Portfolio 2 : Value @ 7 October 2011

Friday, October 7, 2011

Steve Jobs: What we can all learn from him

Thursday, October 6, 2011

Goodman Fielder Ltd: Cutting my losses

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