Share Price Alert: Goodman Fielder Ltd

Goodman Fielder Ltd [GFF.NZX] isn't what you would call a stellar stock in terms of underlying financial performance and returns to investors, there are better companies out there.

Having said that this stock has taken a significant hit in the last 3 months (see 12 month chart above) and is trading at more realistic valuations to the performance of the company.

The stock closed at $1.64 last Friday, a drop of nearly 40% on a November high of 2 bucks and a 52 week of $2.07 reached earlier in 2010.

At these price levels and current profitability, the stock is returning a solid gross dividend of over 8.5%.

Look to buy on further weakness if already on your radar for a good steady income.


Disclosure: I own GFF shares in the Share Investor Portfolio


Share Price Alert

Pumpkin Patch Ltd
Hallenstein Glasson Holdings Ltd
NZ Refining Ltd
Freightways Ltd
Xero Ltd


Goodman Fielder @ Share Investor

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 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: $7.50
Usually ships in 24 hours

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




c Share Investor 2011

Labour Set to Buy 2011 Election

Why is it every time I think of Labour and their policies for the 2011 Election the Abba song "Gimme, Gimmie, Gimmie" goes swirling around in my head like a nightmare from earlier elections they have fought.

It can be explained in the following way.

Every policy and indication of policy from Labour has thus far shown the electorate that Labour are set to try and bribe their way into power in November 2011.

It is all about taking from some to give free stuff to others and is a clear extension of policy that flourished under the party during Helen Clark's reign.

Extra holidays, extended working for families, higher subsidies for childcare and a host of other handouts already announced and no doubt more to come cement Phil Goff's former leaders lead in these kind of policies.

It seems to have passed Phil Goff and his fellow Robin Hoods by that we are in the midst of one of the biggest financial recessions the world has seen and he wants to compound the affects of it by higher taxes and higher debt because he wants to spend recklessly to buy votes.

One would have thought that he might have taken some notice that during the 9 years this country suffered under Labour, from 1999-2008, that these policies don't work and in fact contributed to the dire situation we now find ourselves in.

As bad are things are now, at least we have a reasonably fiscally conservative Govt with vast economic experience at the top. The alternative is a tax and spend regime that will lead us down the garden path, past Goff's barbeque to financial ruin.

Lets go past our greed and ask what we can sacrifice rather than what we can take and cant afford, from others.

Most traditional Labour supporters like myself were hoping to see a return to the older style Labour that looked after the worker rather than the bludger and we then would have considered switching our votes from National back home where our hearts lay.

But we simply cant afford another Labour term at this time, fiscally, morally and socially and we must vote for the good of our country and not ourselves.

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

c Darren Rickard 2011

Share Investor Portfolio: Value @ 31 January 2011

The Share Investor Portfolio ended back up this week after dropping for the first week of 2011 last week. The portfolio was up 0.75% or $2090.03 on the Jan 24 update . For the first 4 weeks of 2011 the portfolio has increased by 2.41% or $6690.32. This weeks rise was due, primarily to a 5c rise in SKC, the biggest part of the portfolio. PPL & HLG fell due to profit warnings (1, 2) and MFT continued to rise well above $8 on market optimism that the worst was behind them.

The total of unspent dividends in the bank from the 2010 earnings year is $16631.93 at close of reporting season for 2010. There are also approx $50000.00 in tax credits earned from the portfolio since it began in late 2002.

Share Investor Portfolio as at 17:30:00, Friday 28 January, 2011 (NZDT)

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	803	$2.150	$1,726.45	$2.240	$1,798.72	$72.27	4.19%
AIA	445	$0.000	$0.00	$2.240	$996.80	$996.80
AIA	64	$1.650	$105.60	$2.240	$143.36	$37.76	35.76%
ASBPB	2,946	$0.000	$0.00	$0.707	$2,082.82	$2,082.82
ASBPB	7,054	$1.000	$7,054.00	$0.707	$4,987.18	$2,066.82	29.30%
BGR	438	$0.000	$0.00	$1.360	$595.68	$595.68
BGR	2,562	$0.990	$2,536.38	$1.360	$3,484.32	$947.94	37.37%
FBU	266	$0.000	$0.00	$7.890	$2,098.74	$2,098.74
FBU	848	$9.750	$8,268.00	$7.890	$6,690.72	$1,577.28	19.08%
FPH	3,000	$2.350	$7,050.00	$3.170	$9,510.00	$2,460.00	34.89%
FPH	541	$0.000	$0.00	$3.170	$1,714.97	$1,714.97
FPH	1,459	$3.720	$5,427.48	$3.170	$4,625.03	$802.45	14.78%
FRE	1,882	$0.000	$0.00	$3.250	$6,116.50	$6,116.50
FRE	6,749	$3.630	$24,498.87	$3.250	$21,934.25	$2,564.62	10.47%
GFF	541	$0.000	$0.00	$1.690	$914.29	$914.29
GFF	1,459	$2.330	$3,399.47	$1.690	$2,465.71	$933.76	27.47%
HLG	244	$0.000	$0.00	$3.860	$941.84	$941.84
HLG	756	$2.530	$1,912.68	$3.860	$2,918.16	$1,005.48	52.57%
KIP	190	$0.000	$0.00	$1.010	$191.90	$191.90
KIP	810	$1.480	$1,198.80	$1.010	$818.10	$380.70	31.76%
MFT	1,000	$7.960	$7,960.00	$8.160	$8,160.00	$200.00	2.51%
MFT	1,838	$8.000	$14,704.00	$8.160	$14,998.08	$294.08	2.00%
MFT	657	$0.000	$0.00	$8.160	$5,361.12	$5,361.12
MFT	1,505	$4.200	$6,321.00	$8.160	$12,280.80	$5,959.80	94.29%
MHI	1,646	$0.860	$1,415.56	$0.900	$1,481.40	$65.84	4.65%
MHI	7,000	$0.630	$4,410.00	$0.900	$6,300.00	$1,890.00	42.86%
MHI	718	$0.000	$0.00	$0.900	$646.20	$646.20
MHI	636	$1.050	$667.80	$0.900	$572.40	$95.40	14.29%
PPG	31	$0.000	$0.00	$0.270	$8.37	$8.37
PPG	1,500	$0.440	$660.00	$0.270	$405.00	$255.00	38.64%
PPG	1,004	$0.800	$803.20	$0.270	$271.08	$532.12	66.25%
PPL	1,000	$3.090	$3,090.00	$1.440	$1,440.00	$1,650.00	53.40%
PPL	1,000	$2.870	$2,870.00	$1.440	$1,440.00	$1,430.00	49.83%
PPL	939	$4.200	$3,943.80	$1.440	$1,352.16	$2,591.64	65.71%
PPL	877	$0.000	$0.00	$1.440	$1,262.88	$1,262.88
PPL	1,184	$1.530	$1,811.52	$1.440	$1,704.96	$106.56	5.88%
RYM	459	$0.000	$0.00	$2.400	$1,101.60	$1,101.60
RYM	4,586	$1.970	$9,034.42	$2.400	$11,006.40	$1,971.98	21.83%
SKC	5,750	$7.430	$42,722.50	$3.290	$18,917.50	$23,805.00	55.72%
SKC	1,000	$7.600	$7,600.00	$3.290	$3,290.00	$4,310.00	56.71%
SKC	2,750	$7.700	$21,175.00	$3.290	$9,047.50	$12,127.50	57.27%
SKC	1,431	$8.750	$12,521.25	$3.290	$4,707.99	$7,813.26	62.40%
SKC	25,085	$0.000	$0.00	$3.290	$82,529.65	$82,529.65
SKC	899	$4.720	$4,243.28	$3.290	$2,957.71	$1,285.57	30.30%
STU	78	$0.000	$0.00	$2.270	$177.06	$177.06
STU	322	$4.740	$1,526.28	$2.270	$730.94	$795.34	52.11%
WHS	4,500	$3.730	$16,785.00	$3.660	$16,470.00	$315.00	1.88%
WHS	6,979	$6.000	$41,874.00	$3.660	$25,543.14	$16,330.86	39.00%
WHS	2,880	$0.000	$0.00	$3.660	$10,540.80	$10,540.80
WHS	641	$3.710	$2,378.11	$3.660	$2,346.06	$32.05	1.35%

19.03%

	Total cost	Market value	Change
	$278,114.45	$331,039.89	$52,925.44

Share Investor Portfolio @ Share Investor

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
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
Usually ships in 24 hours


Security Analysis: The Classic 1934 Edition by GRAHAM
Buy new: $37.80 / Used from: $29.48
Usually ships in 24 hours

Buy these two Books @ Fishpond.co.nz






c Share Investor 2011

Share Investor Q & A: Reader Questions to Auckland Airport CEO Simon Moutter

I have given up for the time being on getting Michael Hill for a Share Investor Q & A - its a long story - but have managed to jack up a good one today with Auckland International Airport Ltd [AIA.NZX] CEO Simon Moutter.

Auckland Airport is a company with an asset that is known by most New Zealanders who have traveled and we are all aware that it is an expensive place to shop, park and fly. It has also been a great investment for long term shareholders since it listed nearly 13 years ago.

Over the last few years though the company has stalled in profit growth due to a downturn in world travel and some high expense capital requirements to modernise and expand the business.

It looks set for some good gains over the next few years however.

AIA has been headed by Simon Moutter since 2008 but he is a relatively low profile individual.

What do we know of his plans for the Airport he heads, where does he intend to take the company into the future and what makes this CEO tick?

With that in mind I thought I would like my readers to put some questions to Simon for a Share Investor Q & A.

Please leave your questions here at the bottom of this post or email me here.

Disclosure: I own AIA shares in the Share Investor Portfolio


Share Investor Q & As

Warehouse Group CEO Ian Morrice
Briscoe Group CEO Rod Duke
Ryman Healthcare's CFO Gordon Macleod
Ecoya's Geoff Ross
Xero's Rod Drury
Mainfreight MD Don Braid
Burger Fuel Director Josef Roberts
Sky City CEO, Nigel Morrison
Sky City Entertainment: CEO Nigel Morrison discusses 2010 HY
Convention Centre proposal interview with Sky City CEO Nigel Morrison


AIA @ Share Investor

Auckland Council look set for a Auckland Airport Takeover
Auckland City Council new AIA Policy Doc
Make me an offer I cant refuse: Auckland International Airport Ltd
Long Term View: Auckland International Airport
VIDEO - Simon Moutter on Australian Airport Purchase
Auckland Airport Capital Raising a fair call
Auckland International Airport lands Australian Ports
What Infratil sale of Auckland Airport stake means...
Is another Auckland Airport bid likely under a business friendly Government?
Latest Airport coverage
Cullen's move on Auckland Airport has far reaching effects
Cullen's move on AIA tax plan Anti-Business
AIA profit stays grounded
Softening opposition to CPPIB bid for AIA
Directors of AIA bribe brokers not to sell
What is Auckland Airport worth to you?
Second bite at AIA by CPPIB might just fly
AIA new directors must focus on shareholders
Auckland Airport merger deal nosedives
The Canadians have landed
AIA incentive scheme must fly out the window
Government market manipulation over AIA/DAE deal
DAE move on AIA: Will it fly?

Discuss this Stock @ Share Investor Forum - Register free
Download AIA Company Reports



Buy Toughen Up: What I've Learned About Surviving Tough Times



Toughen Up - Fishpond.co.nz


c Share Investor 2011