Tuesday, August 14, 2007

Burger Fuel: Beefing up store numbers

Image result for burger fuel


Your favourite search topic on the Share Investor Blog is "Burger Fuel" and far be if from me to care about being labeled a populist, but never mind I will wear that label with pride as long as the readers keep coming.

Here is a BFW update in week 3 of the companies listing on the NZAX.

Sellers are queuing up now at way below the NZ$ 1 IPO price with sellers at .80c and the first buyer at 60c , although 60c clearly values the company too high. No trades as yet today.

Getting closer to my entry price of below 30c but still no cigar.

News out today also that BFW have opened their 22nd store in Tauranga. Good on them for doing so and I hope the surfies down there get the munchies as often as they can, so as to frequent their local burger bar and boost the BFW share price.

It could definitely use the help.


Burger Fuel Worldwide @ Share Investor

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Share Investor 2007






Monday, August 13, 2007

Take an Investment tip from New Zealand's NZX

The favourite topic for us investor hounds and writers of the moment is the weakening global share markets.

New Zealand is always first to react on Monday after the previous Fridays close on Wall Street.

React it did today by falling almost 40 points or 1%. Already down sharply on Friday 10 August New Zealand time our market takes the lead and has no other influence until Australia's ASX opens 12 Noon NZ time.

Today the ASX lead its own way up, Asian Markets followed somewhat and it will be interesting to see what Wall Street does New York time Monday morning 13 August.

The thrust of this piece is really that if you look to the New Zealand market, the NZX, we really have an advantage because when world markets close during our morning hours we have a chance to digest the figures from other regions , make a decision and act upon it when our share market gets going at 10.00am. Perhaps then making more rational and considered decisions instead of the spur of the moment stuff that international bourses tend to respond to.

Of course very few international investors know that New Zealand even has a share market but if they did they would find it an advantage to follow what is going on down here in the respect of investor sentiment in a region that is first to open.

Clearly the NZX doesn't have economic impact but international market watchers need all the information and advantage they can when looking at the impact their own portfolios could have and behave when their markets open the following day.


Recommended Fishpond Reading

Crisis: One Central Bank Governor and the Global Financial Collapse

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

Fishpond


c Share Investor 2007

Fully Aware of Muslims: Jihad & Understanding

My eyes would glaze over if the subject wasn't so serious because I have heard it many times before.

Its Muslim Awareness Week( MAW) again in New Zealand and this kicks off a week of hand wringing Liberal guilt likely to rival what members of the Catholic faith feel over Catholic Priests and their penchant for little boys.

A press release by Labour today encapsulates the misunderstanding that the loony Left would have the public believe that the majority of Muslims love the West, have nothing against "us" are purely emigrating to Western nations like New Zealand because they want to spread love, joy, happiness, peace and want to envelope us all in a group hug. It is all in the interests of that wonderful word that you cant disagree with because if you do you are labeled either a racist, sexist, homophobic or any other label that the left want to stick you with because they don't have a valid argument to counter the common sense view that the opposite is true. That word is "diversity". Arrcchhh!!

In the interests of my readers I will try not to use the D word again here least it make you violently sick. It is a word that has largely lost its meaning because of the corruption of it by the left.

Anyway back to the press release.

This week in New Zealand is "Muslim Awareness Week" a week of State funded hand wringing over the guilt brought on by the Wests involvement in liberating Iraq and the subsequent outpouring of vitriol against our Muslim brothers by the least sensitive of us heathens in the West. Carter and his comrades from Iraq were also involved in a march through Auckland's North Shore this last weekend to raise funds for Iraqi refugees, who doubtless, we will find some entering our shores and willing to spread the good word. Can you sense my sarcasm dear readers?

This week, sponsored by yours truly and 2 million other working Kiwis MAW will help us understand our Muslim comrades, bring us closer together and "normalise" our dual relationships:

“Nevertheless, world events have shown us here in New Zealand that it is important to promote greater communication and understanding between people of different faiths and backgrounds".


The underlying message that MAW wants to spread and being championed strangely by the openly gay Labour Minister Chris Carter is that we all just need to "understand" each other and accept other cultures:

"Ethnic Affairs Minister Chris Carter is welcoming moves by the local Muslim community to demystify their religion and customs.

Promoting greater unity among the diverse peoples who call New Zealand home is the theme of Islam Awareness Week 2007 which began yesterday. The annual event is organised by the Federation of Islamic Associations of New Zealand (FIANZ) and supported by the Office of Ethnic Affairs and the Human Rights Commission".


Bizarre that New Zealands Muslim community would use a gay minister to promote their cause because as we all know the Muslim "faith" allows that queer folk must be silenced in the most final and gruesome of ways. Of course the left and misunderstood groups do often make strange bedfellows, pun intended, to get political points across to the unwashed masses like us.

The New Zealand Labour Party and their attempt to buy Muslim votes has started and it is still over a year away from an election.

Okay you say what is the point of this column you ask yourself?

Ill stop the bullshit then.

What is clear , as opposed to the diatribe and invective postulated by Chris Carter is that Muslims as a whole do not fit well into Western society, their "culture/religion" doesn't allow it, and Muslims and their proponents have a propensity to rail against us when a few probing questions are asked say on their views of the ultimate western culture, America.

There is also the small question of the Jihad that Muslims have out on the West.

Once again the Liberal lefty media In New Zealand have lapped this up unquestioning of the thrust of this MAW week. Pathetic!

I am looking forward to a State sponsored Catholic awareness week so we can understand a priests love for young children and taxpayer funds spent so we can understand a whole group of other religions that tithe families to "help their congregation".

The message of MAW is accepted without dissent and opinion to the contrary will be labeled intolerant.

I have an adjective for my readers.

Vigilant.

c Darren Rickard

Sky City Casino Lead up to 2007 Full Year Profit Announcement

Sky City Casino (SKC) has been in the news recently.

A week or so ago there was talk of Greater Union, the US Cinema Chain, being interested in the Sky City Cinema assets.

Of course SKC paid far too much for Village Cinemas when they originally bought a portion in the late 90s, then a purchase of the unit in its entirety in 2002. Money was lost through write downs then and more money will be lost when the "asset" is finally sold to some other poor sucker-I hate cinemas as a business because as a whole they don't make money.

As a substantial Sky City Casino Shareholder I am very pleased the Cinemas are going to be sold.

Proceeds should be used to pay off the mortgage.

The other bit of press Sky City has garnered came out this morning in the NZ Herald and basically outlines what management have been up to since Evan Davies departure a few months back.

The focus for a company profit turnaround seems to be an effort to get more moola from the "high rollers" that visit the Auckland Complex , forgetting of course the fact that management recently banned a high roller after he won "millions" off the company last year in the VIP lounge, so naturally this has not endeared any possible whales from plunking down the big bucks. So they are starting on the back foot here because the high roller club is an exclusive one worldwide that obviously talk amongst themselves.

The other tack management are taking is on lowering table bets for games such as Blackjack. From the usual minimum of NZ$5 down to $2.50 on a Friday and Saturday night the focus here is at the lower end, perhaps trying to lure one arm bandit freaks to try a game of skill? I personally don't see this increasing table business. You are either a table player or a fruit machine retard. If they are trying to lure passerby by lowering the bet I'm not sure whether $2.50 is going to make any difference.

I can see managements' thinking though. If you can get them to the table, perhaps they will stay longer and therefore lose more pennies. The jury is still out on this but we may know more when the Full Year 2007 result comes out Monday 21 August (NZ time)

Either way next weeks results may be a turning point in the companies history. We will find out where they have been , what assets will be flogged off and although very hard considering recent upheavals, perhaps a profit forecast depending on the above.

As I write this Monday Morning the share price is down by 6c to $4.56 on low volume and is at lows for a year.

c Share Investor 2007